UPSTNasdaqFinance ServicesFiscal year ends December 31
Upstart Holdings, Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q/A on Aug 5, 2026
$23.25−0.31 (-1.32%)
Close on Oct 19, 2026
- Market cap
- $2.55B
- P/E (TTM)
- 47.4
- Dividend yield
- –
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
60.0%
58M of 97M shares
Institutional holders
368
77 new, 42 sold out
Net institutional buying
2M
In Q2 2026
Insider trades, 12 months
6 buys · 39 sales
Net bought $4.11M
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| BlackRock, Inc. | 5,548,508 | 6.50% | 13G (passive) | Dec 31, 2023 |
| Susquehanna Securities, LLC | 5,533,255 | 5.70% | 13G (passive) | Sep 30, 2025 |
| Jericho Capital Asset Management L.P. | 5,011,809 | 5.20% | 13G (passive) | Dec 31, 2025 |
| David E. Shaw | 4,599,059 | 5.00% | 13G (passive) | Dec 31, 2024 |
| Dave Girouard | 12,835,880 | – | 13G (passive) amendment | Dec 31, 2023 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of UPST | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| BlackRock, Inc. | 7,878,717 | 8.10% | $279.14M | +475,638 | 0.00% |
| Vanguard Portfolio Management LLC | 3,739,758 | 3.84% | $132.50M | −3,783 | 0.01% |
| Vanguard Capital Management LLC | 3,698,553 | 3.80% | $131.04M | −53,497 | 0.00% |
| Morgan Stanley | 2,414,712 | 2.48% | $85.55M | −1,560,347 | 0.00% |
| Goldman Sachs Group Inc | 2,395,222 | 2.46% | $84.86M | +835,736 | 0.01% |
| Marshall Wace, Llp | 2,370,690 | 2.44% | $83.99M | −909,420 | 0.07% |
| Geode Capital Management, LLC | 2,228,631 | 2.29% | $78.97M | +104,553 | 0.00% |
| State Street Corp | 2,118,467 | 2.18% | $75.06M | +65,381 | 0.00% |
| Clear Street Group Inc. | 1,829,063 | 1.88% | $64.80M | +273,857 | 0.16% |
| Halter Ferguson Financial Inc. | 1,748,119 | 1.80% | $61.94M | +280,759 | 10.03% |
| Bank Of America Corp /De/ | 1,512,356 | 1.55% | $53.58M | +1,006,378 | 0.00% |
| UBS Group AG | 1,503,436 | 1.54% | $53.27M | +621,569 | 0.01% |
| Citigroup Inc | 1,135,682 | 1.17% | $40.24M | +329,341 | 0.01% |
| Barclays PLC | 1,128,975 | 1.16% | $40.00M | −143,311 | 0.01% |
| Baillie Gifford & Co | 1,083,157 | 1.11% | $38.38M | −25,138 | 0.03% |
| Dimensional Fund Advisors LP | 1,059,769 | 1.09% | $37.55M | +36,989 | 0.01% |
| Citadel Advisors LLC | 955,585 | 0.98% | $33.86M | +324,423 | 0.00% |
| Susquehanna International Group, Llp | 920,253 | 0.95% | $32.60M | +594,147 | 0.00% |
| Point72 Asset Management, L.P. | 885,159 | 0.91% | $31.36M | +129,099 | 0.03% |
| Coatue Management LLC | 870,947 | 0.89% | $30.86M | – | 0.06% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 368 | 58M | 60.0% | 77 / 122 | 99 / 42 | 10M | 8M |
| Q1 2026 | 340 | 57M | 58.1% | 52 / 125 | 101 / 100 | 21M | 21M |
| Q4 2025 | 394 | 65M | 66.8% | 78 / 118 | 137 / 88 | 18M | 18M |
| Q3 2025 | 412 | 65M | 66.7% | 78 / 128 | 121 / 80 | 16M | 12M |
| Q2 2025 | 421 | 62M | 63.3% | 85 / 145 | 121 / 49 | 12M | 11M |
| Q1 2025 | 387 | 60M | 61.9% | 58 / 159 | 98 / 56 | 10M | 8M |
| Q4 2024 | 392 | 58M | 59.9% | 106 / 115 | 110 / 58 | 16M | 8M |
| Q3 2024 | 349 | 50M | 51.8% | 104 / 82 | 86 / 27 | 20M | 3M |
| Q2 2024 | 275 | 39M | 40.2% | 44 / 93 | 72 / 44 | 7M | 10M |
| Q1 2024 | 278 | 42M | 43.5% | 33 / 81 | 97 / 87 | 8M | 9M |
| Q4 2023 | 334 | 44M | 45.1% | 83 / 93 | 86 / 38 | 10M | 4M |
| Q3 2023 | 291 | 38M | 38.7% | 48 / 91 | 72 / 59 | 5M | 3M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of UPST | Value | % of fund | As of |
|---|---|---|---|---|---|
| Vanguard Total Stock Market Index Fund | 2,575,842 | 2.65% | $91.26M | 0.00% | Jun 30, 2026 |
| iShares Russell 2000 ETF | 2,196,722 | 2.26% | $77.83M | 0.09% | Jun 30, 2026 |
| Vanguard Small-Cap Index Fund | 1,863,062 | 1.91% | $66.01M | 0.03% | Jun 30, 2026 |
| Vanguard Small-Cap Growth Index Fund | 1,070,193 | 1.10% | $37.92M | 0.08% | Jun 30, 2026 |
| Vanguard Extended Market Index Fund | 967,405 | 0.99% | $34.28M | 0.04% | Jun 30, 2026 |
| Fidelity Small Cap Index Fund | 936,082 | 0.96% | $25.69M | 0.08% | Jul 31, 2026 |
| iShares Russell 2000 Growth ETF | 789,977 | 0.81% | $27.99M | 0.18% | Jun 30, 2026 |
| Fidelity Enhanced Small Cap Core ETF | 576,732 | 0.59% | $20.43M | 0.35% | Jun 30, 2026 |
| Fidelity Extended Market Index Fund | 447,437 | 0.46% | $15.12M | 0.04% | May 31, 2026 |
| Vanguard Russell 2000 Index Fund | 442,792 | 0.46% | $14.96M | 0.09% | May 31, 2026 |
| Schwab U.S. Small-Cap ETF | 416,495 | 0.43% | $14.07M | 0.06% | May 31, 2026 |
| U.S. Small Cap Portfolio | 343,839 | 0.35% | $9.43M | 0.05% | Jul 31, 2026 |
| First Trust Nasdaq Artificial Intelligence and Robotics ETF | 323,115 | 0.33% | $11.45M | 1.57% | Jun 30, 2026 |
| Dimensional U.S. Small Cap ETF | 268,504 | 0.28% | $7.37M | 0.05% | Jul 31, 2026 |
| BlackRock Advantage Small Cap Core Fund | 261,054 | 0.27% | $8.82M | 0.17% | May 29, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Paul Gu | Chief Executive Officer, Director | 1,347,546 | 1.38% | Sep 10, 2026 |
| Sanjay Datta | President, Capital& Enterprise | 592,578 | 0.61% | Sep 10, 2026 |
| Natalia Mirgorodskaya | See Remarks | 35,875 | 0.04% | Aug 27, 2026 |
| Scott Darling | Chief Legal Officer | 119,916 | 0.12% | Aug 21, 2026 |
| Andrea Blankmeyer | Chief Financial Officer | 152,208 | 0.16% | Aug 19, 2026 |
| Peter J. Bernard | Director | 11,392 | 0.01% | Jun 2, 2026 |
| Kerry Whorton Cooper | Director | 8,476 | 0.01% | Jun 2, 2026 |
| Timothy H. Wennes | Director | 6,476 | 0.01% | Jun 2, 2026 |
| Mary Hentges | Director | 37,149 | 0.04% | Jun 2, 2026 |
| Ciaran O'Kelly | Director | 39,484 | 0.04% | Jun 2, 2026 |
| Hilliard C. Terry III | Director | 37,432 | 0.04% | Jun 2, 2026 |
| Dave Girouard | Director, 10% owner | 9,526,687 | 9.79% | May 8, 2026 |
| Jeff Huber | Director | 29,671 | 0.03% | May 29, 2025 |
| Cassidy Sukhinder Singh | Director | 13,920 | 0.01% | Dec 3, 2024 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Paul Gu Chief Executive Officer, Director | Sep 10, 2026 | Buy | +50,000 | $25.55 | $1.28M | 130,000 |
| Sanjay Datta President, Capital& Enterprise | Sep 8, 2026 | Option exercise | +300,000 | $1.35 | $405.00K | 592,578 |
| Sanjay Datta President, Capital& Enterprise | Sep 8, 2026 | Sale | −116,000 | $27.29 | $3.17M | 476,578 |
| Natalia Mirgorodskaya See Remarks | Aug 25, 2026 | Sale(10b5-1 plan) | −913 | $30.03 | $27.42K | 35,875 |
| Scott Darling Chief Legal Officer | Aug 20, 2026 | Sale | −7,696 | $28.09 | $216.18K | 73,306 |
| Natalia Mirgorodskaya See Remarks | Aug 20, 2026 | Sale | −586 | $28.09 | $16.46K | 36,788 |
| Sanjay Datta President, Capital& Enterprise | Aug 20, 2026 | Sale | −8,945 | $28.09 | $251.27K | 292,578 |
| Sanjay Datta President, Capital& Enterprise | Aug 19, 2026 | Sale | −10,000 | $31.46 | $314.60K | 301,523 |
| Andrea Blankmeyer Chief Financial Officer | Aug 19, 2026 | Sale(10b5-1 plan) | −3,000 | $29.33 | $87.99K | 152,208 |
| Scott Darling Chief Legal Officer | Aug 17, 2026 | Sale | −814 | $29.36 | $23.90K | 87,186 |
| Sanjay Datta President, Capital& Enterprise | Aug 17, 2026 | Sale | −2,033 | $29.36 | $59.69K | 311,523 |
| Andrea Blankmeyer Chief Financial Officer | Aug 17, 2026 | Sale(10b5-1 plan) | −7,175 | $29.36 | $210.66K | 155,208 |
| Sanjay Datta President, Capital& Enterprise | Jun 9, 2026 | Sale | −15,000 | $30.41 | $456.15K | 313,556 |
| Hilliard C. Terry III Director | May 29, 2026 | Award | +6,476 | – | – | 37,432 |
| Kerry Whorton Cooper Director | May 29, 2026 | Award | +6,476 | – | – | 6,476 |
| Ciaran O'Kelly Director | May 29, 2026 | Award | +6,476 | – | – | 39,484 |
| Peter J. Bernard Director | May 29, 2026 | Award | +6,476 | – | – | 11,392 |
| Timothy H. Wennes Director | May 29, 2026 | Award | +6,476 | – | – | 6,476 |
| Mary Hentges Director | May 29, 2026 | Award | +6,476 | – | – | 37,149 |
| Natalia Mirgorodskaya See Remarks | May 26, 2026 | Sale(10b5-1 plan) | −974 | $28.99 | $28.24K | 37,374 |
| Sanjay Datta President, Capital& Enterprise | May 20, 2026 | Sale | −7,985 | $28.77 | $229.73K | 328,556 |
| Scott Darling Chief Legal Officer | May 20, 2026 | Sale | −6,634 | $28.78 | $190.93K | 88,728 |
| Natalia Mirgorodskaya See Remarks | May 20, 2026 | Sale | −526 | $28.77 | $15.13K | 38,348 |
| Andrea Blankmeyer Chief Financial Officer | May 15, 2026 | Sale | −101 | $30.54 | $3.08K | 162,383 |
| Andrea Blankmeyer Chief Financial Officer | May 15, 2026 | Sale | −2,759 | $28.96 | $79.90K | 166,668 |
| Andrea Blankmeyer Chief Financial Officer | May 15, 2026 | Sale | −4,184 | $30.05 | $125.73K | 162,484 |
| Sanjay Datta President, Capital& Enterprise | May 15, 2026 | Sale | −1,011 | $30.03 | $30.36K | 336,541 |
| Sanjay Datta President, Capital& Enterprise | May 15, 2026 | Sale | −806 | $28.96 | $23.34K | 337,552 |
| Scott Darling Chief Legal Officer | May 15, 2026 | Sale | −441 | $29.99 | $13.23K | 102,609 |
| Scott Darling Chief Legal Officer | May 15, 2026 | Sale | −286 | $28.84 | $8.25K | 103,864 |
| Natalia Mirgorodskaya See Remarks | May 15, 2026 | Option exercise | +4,600 | $1.35 | $6.21K | 38,874 |
| Paul Gu Chief Executive Officer, Director | May 13, 2026 | Buy | +50,000 | $27.50 | $1.38M | 70,000 |
| Dave Girouard Director, 10% owner | May 7, 2026 | Option exercise | +835,075 | $0.83 | $693.11K | 9,348,016 |
| Dave Girouard Director, 10% owner | May 7, 2026 | Buy | +169,940 | $29.37 | $4.99M | 8,512,641 |
| Dave Girouard Director, 10% owner | May 7, 2026 | Buy | +300 | $29.76 | $8.93K | 8,512,941 |
| Andrea Blankmeyer Chief Financial Officer | Mar 31, 2026 | Award | +169,427 | – | – | 169,427 |
| Natalia Mirgorodskaya See Remarks | Mar 2, 2026 | Sale(10b5-1 plan) | −390 | $26.02 | $10.15K | 34,274 |
| Sanjay Datta See Remarks | Feb 28, 2026 | Award | +61,670 | – | – | 338,358 |
| Natalia Mirgorodskaya See Remarks | Feb 28, 2026 | Award | +9,375 | – | – | 34,664 |
| Scott Darling Chief Legal Officer | Feb 28, 2026 | Award | +24,668 | – | – | 104,150 |
| Natalia Mirgorodskaya See Remarks | Feb 25, 2026 | Sale(10b5-1 plan) | −866 | $28.79 | $24.93K | 25,289 |
| Sanjay Datta Chief Financial Officer | Feb 20, 2026 | Sale | −7,982 | $29.86 | $238.34K | 276,688 |
| Scott Darling Chief Legal Officer | Feb 20, 2026 | Sale(10b5-1 plan) | −6,478 | $29.85 | $193.37K | 86,120 |
| Scott Darling Chief Legal Officer | Feb 20, 2026 | Other | −6,638 | – | – | 79,482 |
| Scott Darling Chief Legal Officer | Feb 20, 2026 | Other | +6,638 | – | – | 32,027 |
| Scott Darling Chief Legal Officer | Feb 20, 2026 | Sale(10b5-1 plan) | −390 | $30.25 | $11.80K | 31,637 |
| Natalia Mirgorodskaya See Remarks | Feb 20, 2026 | Sale | −633 | $29.90 | $18.93K | 26,155 |
| Scott Darling Chief Legal Officer | Jan 22, 2026 | Option exercise | +7,564 | $13.22 | $100.00K | 24,999 |
| Ciaran O'Kelly Director | Jan 12, 2026 | Award | +1,168 | – | – | 33,008 |
| Peter J. Bernard Director | Jan 12, 2026 | Award | +834 | – | – | 4,916 |
| Kerry Whorton Cooper Director | Jan 12, 2026 | Award | +1,459 | – | – | 25,393 |
| Scott Darling Chief Legal Officer | Jan 5, 2026 | Other | −1,000 | – | – | 92,598 |
| Scott Darling Chief Legal Officer | Jan 5, 2026 | Option exercise | +1,000 | $13.22 | $13.22K | 93,598 |
| Scott Darling Chief Legal Officer | Jan 5, 2026 | Other | +1,000 | – | – | 18,435 |
| Scott Darling Chief Legal Officer | Jan 5, 2026 | Sale(10b5-1 plan) | −1,000 | $50.00 | $50.00K | 17,435 |
| Kerry Whorton Cooper Director | Dec 12, 2025 | Sale(10b5-1 plan) | −1,500 | $50.00 | $75.00K | 23,934 |
| Scott Darling Chief Legal Officer | Dec 12, 2025 | Other | −2,000 | – | – | 92,598 |
| Scott Darling Chief Legal Officer | Dec 12, 2025 | Option exercise | +2,000 | $13.22 | $26.44K | 94,598 |
| Scott Darling Chief Legal Officer | Dec 12, 2025 | Sale(10b5-1 plan) | −7,392 | $50.00 | $369.60K | 17,435 |
| Scott Darling Chief Legal Officer | Dec 12, 2025 | Other | +2,000 | – | – | 24,827 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Sanjay Datta Officer | Sep 8, 2026 | 116,000 | $3.17M | Sep 8, 2026 | Employee Stock Option Exercise |
| Natalia Mirgorodskaya Officer | Aug 25, 2026 | 913 | $27.42K | Aug 25, 2026 | Restricted Stock Lapse |
| Natalia Mirgorodskaya Officer | Aug 20, 2026 | 586 | $16.46K | Aug 20, 2026 | Restricted Stock Lapse - See Remarks |
| Scott Darling Officer | Aug 20, 2026 | 7,696 | $216.22K | Aug 20, 2026 | Restricted Stock Lapse - See Remarks |
| Sanjay Datta Officer | Aug 20, 2026 | 8,945 | $251.30K | Aug 20, 2026 | Restricted Stock Lapse - See Remarks |
| Sanjay Datta Officer | Aug 19, 2026 | 10,000 | $314.63K | Aug 19, 2026 | Restricted Stock Lapse |
| Andrea Blankmeyer Officer | Aug 19, 2026 | 3,000 | $87.99K | Aug 19, 2026 | Restricted Stock Lapse |
| Andrea Blankmeyer Officer | Aug 17, 2026 | 7,175 | $210.65K | Aug 17, 2026 | Restricted Stock Lapse - See Remarks |
| Scott Darling Officer | Aug 17, 2026 | 814 | $23.90K | Aug 17, 2026 | Restricted Stock Lapse - See Remarks |
| Sanjay Datta Officer | Aug 17, 2026 | 2,033 | $59.68K | Aug 17, 2026 | Restricted Stock Lapse - See Remarks |
| Sanjay Datta Officer | Jun 9, 2026 | 15,000 | $456.12K | Jun 9, 2026 | Restricted Stock Lapse |
| Natalia Mirgorodskaya Officer | May 26, 2026 | 974 | $28.24K | May 26, 2026 | Restricted Stock Lapse |
| Scott Darling Officer | May 20, 2026 | 6,634 | $190.91K | May 20, 2026 | Restricted Stock Lapse - See Remarks |
| Sanjay Datta Officer | May 20, 2026 | 7,985 | $229.74K | May 20, 2026 | Restricted Stock Lapse - See Remarks |
| Natalia Mirgorodskaya Officer | May 20, 2026 | 526 | $15.13K | May 20, 2026 | Restricted Stock Lapse - See Remarks |