Uber Technologies Remains a Top Holding for Two Creeks Capital Management

Institutional investor trims stake in ride-sharing company but it still makes up nearly 6% of its portfolio

Mar. 14, 2026 at 11:53am by Ben Kaplan

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Two Creeks Capital Management LP, a hedge fund, reduced its position in Uber Technologies, Inc. (NYSE:UBER) by 13.1% during the third quarter of 2026. However, Uber Technologies remains the fund's fifth-largest holding, comprising about 5.9% of its investment portfolio.

Why it matters

Uber's performance and institutional investor sentiment are closely watched as indicators of the broader ride-hailing and mobility services industry. Two Creeks Capital Management's continued sizable stake in Uber suggests the fund still sees long-term potential in the company, despite trimming its position.

The details

According to a regulatory filing, Two Creeks Capital Management LP sold 127,064 shares of Uber Technologies during the third quarter, leaving the fund with 841,939 shares. Uber Technologies makes up about 5.9% of Two Creeks' total investment portfolio, making it the fund's fifth-largest position.

  • Two Creeks Capital Management LP reduced its Uber Technologies stake during the 3rd quarter of 2026.

The players

Two Creeks Capital Management LP

A hedge fund that owns a sizable stake in Uber Technologies.

Uber Technologies, Inc.

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

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The takeaway

Uber Technologies remains an important holding for Two Creeks Capital Management, despite the fund trimming its position. This suggests the hedge fund still sees long-term potential in the ride-hailing company, even as it adjusts its portfolio.