Nordea Investment Management Sells Uber Shares

Nordea cuts stake in ride-sharing company by 4.6% in Q4 2025

Mar. 22, 2026 at 10:08am by Ben Kaplan

Nordea Investment Management AB reduced its stake in Uber Technologies, Inc. (NYSE:UBER) by 4.6% during the fourth quarter of 2025, according to a recent SEC filing. The fund now owns 4,291,356 shares of the ride-sharing company's stock, valued at $350,518,000.

Why it matters

Nordea's move to trim its Uber holdings comes as the ride-hailing industry faces ongoing challenges, including regulatory scrutiny and competition from emerging mobility services. The stake reduction could signal broader investor concerns about Uber's long-term growth prospects.

The details

According to the 13F filing, Nordea sold 206,450 Uber shares during the fourth quarter. The fund now owns a 0.21% stake in the company. Other institutional investors have also made changes to their Uber positions, with some increasing their holdings while others, like Nordea, have reduced exposure.

  • Nordea sold the Uber shares in the fourth quarter of 2025.

The players

Nordea Investment Management AB

A major European asset management firm that has been an institutional investor in Uber Technologies.

Uber Technologies, Inc.

The American ride-hailing and delivery company that operates a global platform connecting riders, drivers, couriers, restaurants and shippers.

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The takeaway

Nordea's decision to reduce its Uber stake reflects broader uncertainty around the long-term prospects of the ride-hailing industry, which continues to face regulatory hurdles and competitive pressures. This move could signal a shift in investor sentiment towards Uber and other mobility companies as they navigate an evolving transportation landscape.