Blue Whale Capital Boosts Uber Stake by 17%

Uber Technologies now makes up 5.4% of the hedge fund's portfolio

Published on Mar. 11, 2026

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Blue Whale Capital LLP, a London-based investment firm, increased its stake in Uber Technologies, Inc. by 17.2% during the third quarter of 2026. The firm now owns 993,772 shares of the ride-sharing company, making Uber its 6th largest holding and accounting for 5.4% of Blue Whale's total portfolio.

Why it matters

Uber's performance and valuation are closely watched by investors as the company continues to navigate the evolving rideshare and delivery markets. Blue Whale's increased stake suggests the firm sees further upside potential in Uber's stock despite recent volatility.

The details

According to a regulatory filing, Blue Whale Capital purchased an additional 145,653 Uber shares during the third quarter, bringing its total position to nearly 1 million shares worth $97.36 million. The firm has been an investor in Uber since the company's 2019 initial public offering.

  • Blue Whale Capital disclosed its increased Uber stake in a 13F filing on March 11, 2026.

The players

Blue Whale Capital LLP

A London-based investment management firm that focuses on long-term, high-conviction investments.

Uber Technologies, Inc.

A multinational ride-hailing and delivery company headquartered in San Francisco.

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The takeaway

Blue Whale's increased stake in Uber suggests the firm remains bullish on the company's long-term prospects, even as it navigates a competitive and evolving mobility landscape. The investment highlights Uber's continued appeal to institutional investors despite recent stock price volatility.