Uber Investor Spire Wealth Management Trims Holdings by 57%

Institutional investor reduces stake in ride-sharing company amid market volatility

Mar. 29, 2026 at 10:48am by Ben Kaplan

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Spire Wealth Management, an institutional investor, has reduced its holdings in Uber Technologies, Inc. (NYSE:UBER) by 57.2% in the fourth quarter, according to a recent SEC filing. The firm now owns 65,714 shares of the ride-sharing company's stock, down from 153,553 shares previously.

Why it matters

This move by a major Uber investor reflects broader market uncertainty around the company's growth prospects and profitability. As Uber continues to navigate regulatory challenges and competitive pressures, its stock price has experienced volatility, leading some institutional investors to reevaluate their positions.

The details

According to the filing, Spire Wealth Management sold 87,839 shares of Uber during the fourth quarter, reducing its stake in the company by over 57%. The firm now holds 65,714 shares of Uber, valued at approximately $5.37 million as of the end of the reporting period.

  • Spire Wealth Management filed the SEC disclosure on March 29, 2026, detailing its Q4 2025 portfolio changes.

The players

Spire Wealth Management

An institutional investment firm that has reduced its stake in Uber Technologies by over 57% in the fourth quarter of 2025.

Uber Technologies, Inc.

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

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The takeaway

Spire Wealth Management's decision to significantly trim its Uber holdings reflects the broader market uncertainty surrounding the ride-sharing company's long-term growth and profitability prospects. As Uber continues to navigate regulatory challenges and competitive pressures, some institutional investors are reevaluating their positions, potentially signaling a cautious outlook on the company's future performance.