Assetmark Inc. Reduces Uber Technologies Holdings by 9.3%

The investment firm cut its stake in the ride-sharing company during the fourth quarter of 2025.

Apr. 15, 2026 at 7:14am by

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A high-contrast, cinematic close-up image of the gears, levers, and mechanical components that make up a complex financial trading platform, serving as a conceptual metaphor for the institutional forces shaping the ride-hailing industry.The inner workings of the financial system that powers the rise and fall of ride-hailing giants like Uber.San Francisco Today

Assetmark Inc., an investment management firm, reduced its position in Uber Technologies, Inc. (NYSE: UBER) by 9.3% in the fourth quarter of 2025, according to a recent SEC filing. The firm now owns 463,058 shares of the ride-sharing company's stock, valued at $37.84 million.

Why it matters

Uber's stock performance and institutional investor sentiment are closely watched as indicators of the company's growth and future prospects in the competitive ride-hailing and delivery markets.

The details

Assetmark Inc. sold 47,463 Uber shares during the quarter, bringing its total holdings down to 463,058 shares. The firm's position in Uber was worth $37.84 million at the end of the reporting period. Several other major institutional investors, including Pacer Advisors Inc. and Massachusetts Financial Services Co. MA, also adjusted their Uber positions during the quarter.

  • Assetmark Inc. filed its 13F report for the fourth quarter of 2025 on April 15, 2026.
  • The firm reduced its Uber stake during the three-month period ending December 31, 2025.

The players

Assetmark Inc.

An investment management firm that reduced its position in Uber Technologies during the fourth quarter of 2025.

Uber Technologies, Inc.

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

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The takeaway

Assetmark Inc.'s reduced stake in Uber Technologies reflects the broader volatility and uncertainty surrounding the ride-hailing industry, as investors weigh the company's growth potential against regulatory challenges and competitive pressures.