Uber Investor Reduces Stake by 29.4%

United American Securities Inc. d b a UAS Asset Management trims position in ride-sharing company

Mar. 4, 2026 at 3:10pm by Ben Kaplan

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United American Securities Inc. d b a UAS Asset Management, a major institutional investor in Uber Technologies, Inc., decreased its position in the ride-sharing company's stock by 29.4% during the 3rd quarter. The firm now holds 246,692 shares of Uber, valued at $24.17 million, making it the 7th largest holding in its portfolio.

Why it matters

Uber has faced challenges in recent years, including regulatory hurdles and increased competition, which have impacted its stock price. The reduction in UAS Asset Management's position could signal broader investor concerns about the company's long-term prospects.

The details

According to a 13F filing with the SEC, UAS Asset Management sold 102,914 shares of Uber during the 3rd quarter, reducing its total position to 246,692 shares. The firm cited market conditions and portfolio rebalancing as reasons for the sell-off. Uber Technologies currently makes up approximately 5.1% of UAS Asset Management's overall portfolio.

  • UAS Asset Management reduced its Uber stake during the 3rd quarter of 2026.

The players

United American Securities Inc. d b a UAS Asset Management

A major institutional investor that has decreased its position in Uber Technologies, Inc.

Uber Technologies, Inc.

A technology company that operates a global platform connecting riders, drivers, couriers, restaurants and shippers.

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The takeaway

The reduction in UAS Asset Management's Uber stake could signal broader investor concerns about the company's long-term prospects, as it faces ongoing challenges in the ride-sharing market.