MAPLEBEAR INC CART
COM · Common Stock · CUSIP 565394103 · ISIN US5653941030
Internet-based grocery delivery service
- SectorIndustrials
- IndustryServices-Business Services, NEC
- HeadquartersSan Francisco, CA
- Founded2012
- Websiteinstacart.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($20.8m this quarter). Holder counts are more reliable. Shares outstanding: 262.5m as of 2025-10-31, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $44.96. Options: 20 managers hold calls ($323.3m notional), 21 hold puts ($209.8m).
Trends to Q4 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2023 | 129 |
| Q4 2023 | 153 |
| Q1 2024 | 232 |
| Q2 2024 | 291 |
| Q3 2024 | 318 |
| Q4 2024 | 362 |
| Q1 2025 | 421 |
| Q2 2025 | 469 |
| Q3 2025 | 473 |
| Q4 2025 | 445 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q1 2024 | 170 | 60 |
| Q2 2024 | 190 | 106 |
| Q3 2024 | 186 | 131 |
| Q4 2024 | 203 | 143 |
| Q1 2025 | 283 | 142 |
| Q2 2025 | 298 | 160 |
| Q3 2025 | 261 | 218 |
| Q4 2025 | 204 | 271 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2025 | $122.9m | $112.4m | 0.91 |
| Q2 2025 | $211.3m | $135.2m | 0.64 |
| Q3 2025 | $212.8m | $258.7m | 1.22 |
| Q4 2025 | $323.3m | $209.8m | 0.65 |
Biggest buyers
| Holocene Advisors, LP | Added | +3.0m |
| MARSHALL WACE, LLP | New | +2.8m |
| JANE STREET GROUP, LLC | Added | +2.3m |
| DIMENSIONAL FUND ADVISORS LP | Added | +2.0m |
| JACOBS LEVY EQUITY MANAGEMENT, INC | Added | +1.8m |
| D. E. Shaw & Co., Inc. | Added | +1.3m |
| Capital Impact Advisors, LLC | Added | +1.2m |
| NFJ INVESTMENT GROUP, LLC | New | +805.7k |
| ANTIPODES PARTNERS Ltd | Added | +751.3k |
| MANE GLOBAL CAPITAL MANAGEMENT LP | New | +678.0k |
Biggest sellers
| T. Rowe Price Investment Management, Inc. | Reduced | -4.9m |
| GOLDMAN SACHS GROUP INC | Reduced | -4.2m |
| Boston Partners | Reduced | -3.6m |
| Altimeter Capital Management, LP | Sold out | -3.3m |
| VICTORY CAPITAL MANAGEMENT INC | Reduced | -3.2m |
| Technology Crossover Management XI, Ltd. | Sold out | -2.7m |
| JPMORGAN CHASE & CO | Reduced | -1.9m |
| LORD, ABBETT & CO. LLC | Reduced | -1.9m |
| BANK OF AMERICA CORP /DE/ | Reduced | -1.7m |
| One Madison Group LLC | Sold out | -1.2m |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $75.0m1.7m shares |
| MILLENNIUM MANAGEMENT LLC | Added | $41.7m927.6k shares |
| CITADEL ADVISORS LLC | Added | $34.7m772.1k shares |
| JANE STREET GROUP, LLC | Added | $33.5m744.9k shares |
| CITIGROUP INC | New | $27.6m612.6k shares |
| Walleye Trading LLC | Added | $16.3m361.8k shares |
| BARCLAYS PLC | Reduced | $15.0m334.5k shares |
| IMC-Chicago, LLC | Added | $12.9m286.2k shares |
| PEAK6 LLC | Added | $10.4m231.4k shares |
| SIMPLEX TRADING, LLC | Reduced | $10.1m224.5k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $57.7m1.3m shares |
| CITADEL ADVISORS LLC | Added | $45.1m1.0m shares |
| PEAK6 LLC | Reduced | $14.9m332.2k shares |
| BARCLAYS PLC | Unchanged | $13.9m308.0k shares |
| JANE STREET GROUP, LLC | Reduced | $11.6m257.5k shares |
| Caption Management, LLC | Added | $10.9m242.3k shares |
| GROUP ONE TRADING LLC | Added | $9.6m214.5k shares |
| Balyasny Asset Management L.P. | Added | $8.9m197.2k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $7.2m161.0k shares |
| IMC-Chicago, LLC | Added | $7.1m158.4k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| Mehta Apoorva 13G · exempt (held before listing) filed 2025-07-15 | 8.4% |
| SC US (TTGP), LTD. 13D · may seek influence -1.5 pts · filed 2026-08-17 | 8.0% |
| BlackRock, Inc. 13G · institution +1.2 pts · filed 2026-04-27 | 6.6% |
Fell to 5% or below in the last year: GCM Grosvenor L.P. (1.7%, 2026-05-15), VANGUARD GROUP INC (0.0%, 2026-03-27)
Insider purchases and sales in Q4 2025
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q1 2024 | 1 | $61.8m | 5 | $29.2m | $9.4m |
| Q2 2024 | 0 | — | 4 | $4.0m | $4.0m |
| Q3 2024 | 0 | — | 3 | $5.8m | $5.8m |
| Q4 2024 | 0 | — | 3 | $4.9m | $4.9m |
| Q1 2025 | 0 | — | 3 | $2.8m | $2.8m |
| Q2 2025 | 0 | — | 4 | $3.9m | $3.7m |
| Q3 2025 | 0 | — | 4 | $9.5m | $9.5m |
| Q4 2025 | 0 | — | 3 | $1.1m | $886.2k |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-12-22 | Fong Morgan GENERAL COUNSEL & SECRETARY | Sold plan | $222.2k4.9k shares |
| 2025-11-21 | Laughton Mary Beth Director | Sold | $165.2k4.1k shares |
| 2025-11-19 | Fong Morgan GENERAL COUNSEL & SECRETARY | Sold plan | $202.7k4.9k shares |
| 2025-11-12 | Simo Fidji Director | Sold plan | $162.2k4.1k shares |
| 2025-10-20 | Fong Morgan GENERAL COUNSEL & SECRETARY | Sold plan | $137.8k3.5k shares |
| 2025-10-16 | Simo Fidji Director | Sold plan | $40.6k1.0k shares |
| 2025-10-15 | Simo Fidji Director | Sold plan | $120.8k3.1k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q4 2025
| Manager | Shares | Change |
|---|---|---|
| SC US (TTGP), LTD. 8.99% of their portfolio | 28.0m $1.3bn | Reduced -20.7k |
| D1 Capital Partners L.P. 9.48% of their portfolio | 22.6m $1.0bn | Unchanged |
| VANGUARD GROUP INC 0.01% of their portfolio | 19.0m $856.6m | Reduced -61.4k |
| BlackRock, Inc. 0.01% of their portfolio | 16.8m $754.7m | Added +584.4k |
| Holocene Advisors, LP 0.52% of their portfolio | 5.5m $246.1m | Added +3.0m |
| STATE STREET CORP 0.01% of their portfolio | 5.5m $245.7m | Added +54.9k |
| GCM Grosvenor Holdings, LLC 26.43% of their portfolio | 4.1m $186.3m | Unchanged |
| DIMENSIONAL FUND ADVISORS LP 0.04% of their portfolio | 3.8m $170.6m | Added +2.0m |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 3.5m $158.6m | Added +54.0k |
| FEDERATED HERMES, INC. 0.25% of their portfolio | 3.3m $147.9m | Added +101.3k |
| MARSHALL WACE, LLP 0.12% of their portfolio | 2.8m $126.2m | New |
| JANE STREET GROUP, LLC 0.14% of their portfolio | 2.7m $119.7m | Added +2.3m |
| CITADEL ADVISORS LLC 0.07% of their portfolio | 2.3m $104.6m | Reduced -361.2k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.40% of their portfolio | 2.3m $102.6m | Added +1.8m |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.28% of their portfolio | 2.2m $99.9m | Reduced -957.8k |
| NORGES BANK 0.01% of their portfolio | 2.2m $97.2m | Not comparable |
| DEUTSCHE BANK AG\ 0.03% of their portfolio | 2.1m $93.0m | Added +953 |
| MORGAN STANLEY 0.01% of their portfolio | 2.0m $91.0m | Reduced -1.0m |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 2.0m $88.8m | Reduced -4.2m |
| MAVERICK CAPITAL LTD 0.94% of their portfolio | 1.9m $87.2m | Reduced -51.1k |
| Invesco Ltd. 0.01% of their portfolio | 1.8m $79.9m | Added +179.5k |
| UBS Group AG 0.01% of their portfolio | 1.5m $68.5m | Reduced -448.9k |
| RENAISSANCE TECHNOLOGIES LLC 0.10% of their portfolio | 1.4m $64.1m | Reduced -224.0k |
| Thrivent Financial for Lutherans 0.11% of their portfolio | 1.4m $63.5m | Added +4.7k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 1.4m $63.0m | Reduced -39.2k |
| GOODNOW INVESTMENT GROUP, LLC 5.78% of their portfolio | 1.4m $62.0m | Added +131.7k |
| Champlain Investment Partners, LLC 0.63% of their portfolio | 1.4m $61.8m | Reduced -290.9k |
| Capital Impact Advisors, LLC 4.78% of their portfolio | 1.4m $61.1m | Added +1.2m |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 1.3m $60.3m | Reduced -1.7m |
| D. E. Shaw & Co., Inc. 0.05% of their portfolio | 1.3m $59.8m | Added +1.3m |
| FMR LLC 0.00% of their portfolio | 1.3m $57.7m | Added +324.3k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 1.2m $53.4m | Added +40.2k |
| Pacer Advisors, Inc. 0.13% of their portfolio | 1.1m $50.7m | Added +342.3k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 1.1m $49.6m | Reduced -20.4k |
| Bridgewater Associates, LP 0.15% of their portfolio | 917.6k $41.3m | Added +209.3k |
| Ardmore Road Asset Management LP 2.85% of their portfolio | 836.9k $37.6m | Added +283.9k |
| T. Rowe Price Investment Management, Inc. 0.01% of their portfolio | 816.5k $36.7m | Reduced -4.9m |
| Epoch Investment Partners, Inc. 0.21% of their portfolio | 812.0k $36.5m | Reduced -59.9k |
| NFJ INVESTMENT GROUP, LLC 1.30% of their portfolio | 805.7k $36.2m | New |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 768.2k $34.6m | Reduced -1.9m |
| ANTIPODES PARTNERS Ltd 0.72% of their portfolio | 762.6k $34.3m | Added +751.3k |
| General Catalyst Group Management, LLC 14.42% of their portfolio | 710.7k $32.0m | Unchanged |
| AQR CAPITAL MANAGEMENT LLC 0.02% of their portfolio | 700.7k $31.5m | Added +222.0k |
| Paralel Advisors LLC 1.22% of their portfolio | 700.0k $31.5m | Unchanged |
| MANE GLOBAL CAPITAL MANAGEMENT LP 1.67% of their portfolio | 678.0k $30.5m | New |
| Man Group plc 0.06% of their portfolio | 675.2k $30.4m | Added +417.3k |
| Walleye Capital LLC 0.17% of their portfolio | 657.7k $29.6m | Added +395.8k |
| Generate Investment Management Ltd 1.31% of their portfolio | 640.5k $28.8m | Reduced -109.5k |
| Carnegie Investment Counsel 0.46% of their portfolio | 557.4k $25.1m | Added +14.4k |
| LAZARD ASSET MANAGEMENT LLC 0.04% of their portfolio | 547.5k $24.6m | Reduced -219.4k |
| Robeco Institutional Asset Management B.V. 0.03% of their portfolio | 544.5k $24.5m | Added +95.0k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 519.6k $23.4m | Reduced -367.4k |
| Quinn Opportunity Partners LLC 1.01% of their portfolio | 515.6k $23.2m | Added +8.9k |
| FIRST TRUST ADVISORS LP 0.02% of their portfolio | 509.6k $22.9m | Added +56.0k |
| Nuveen, LLC 0.01% of their portfolio | 506.2k $22.8m | Added +177.0k |
| RHUMBLINE ADVISERS 0.02% of their portfolio | 456.2k $20.5m | Reduced -4.5k |
| AMI ASSET MANAGEMENT CORP 1.15% of their portfolio | 452.8k $20.4m | Reduced -1.3k |
| Russell Investments Group, Ltd. 0.02% of their portfolio | 441.3k $19.9m | Added +269.6k |
| US BANCORP \DE\ 0.02% of their portfolio | 437.7k $19.7m | Added +63.7k |
| Susquehanna Portfolio Strategies, LLC 0.30% of their portfolio | 434.7k $19.6m | Reduced -49.1k |
| LORD, ABBETT & CO. LLC 0.06% of their portfolio | 434.3k $19.5m | Reduced -1.9m |
| ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio | 419.7k $18.9m | Reduced -87.2k |
| Gotham Asset Management, LLC 0.07% of their portfolio | 402.9k $18.1m | Added +40.4k |
| TD Asset Management Inc 0.01% of their portfolio | 402.2k $18.1m | Reduced -445.4k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 395.0k $17.8m | Reduced -14.1k |
| KINGDON CAPITAL MANAGEMENT, L.L.C. 2.68% of their portfolio | 390.0k $17.5m | Reduced -60.0k |
| VICTORY CAPITAL MANAGEMENT INC 0.01% of their portfolio | 383.7k $17.3m | Reduced -3.2m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 366.2k $16.5m | Reduced -217.1k |
| HS Management Partners, LLC 3.25% of their portfolio | 338.1k $15.2m | Reduced -280.8k |
| Swiss National Bank 0.01% of their portfolio | 337.6k $15.2m | Added +8.9k |
| Legal & General Group Plc 0.00% of their portfolio | 330.3k $14.9m | Reduced -57.7k |
| CITIGROUP INC 0.01% of their portfolio | 327.6k $14.7m | Reduced -286.0k |
| AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio | 298.7k $13.4m | Added +14.3k |
| Boston Partners 0.01% of their portfolio | 298.2k $13.4m | Reduced -3.6m |
| INVESTMENT HOUSE LLC 0.64% of their portfolio | 297.4k $13.4m | Added +10.6k |
| California Public Employees Retirement System 0.01% of their portfolio | 293.2k $13.2m | Reduced -2.1k |
| Crestwood Capital Management, L.P. 8.25% of their portfolio | 289.9k $13.0m | Reduced -20.0k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 280.2k $12.6m | Reduced -213.8k |
| SCGE MANAGEMENT, L.P. 0.29% of their portfolio | 280.0k $12.6m | Unchanged |
| SG Americas Securities, LLC 0.02% of their portfolio | 273.4k $12.3m | Added +250.1k |
| Invenomic Capital Management LP 0.58% of their portfolio | 269.3k $12.1m | Reduced -210.1k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 257.0k $11.6m | Reduced -325.8k |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.03% of their portfolio | 253.4k $9.3m | Reduced -115.1k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 233.3k $10.5m | Reduced -175.0k |
| Swedbank AB 0.01% of their portfolio | 230.2k $10.4m | Unchanged |
| VALUEWORKS LLC 2.71% of their portfolio | 228.8k $10.3m | Reduced -336 |
| BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio | 222.9k $10.0m | Reduced -289.1k |
| IEQ CAPITAL, LLC 0.03% of their portfolio | 221.9k $10.0m | Added +50.4k |
| Retirement Systems of Alabama 0.03% of their portfolio | 220.8k $9.9m | Reduced -200.2k |
| BARCLAYS PLC 0.00% of their portfolio | 216.0k $9.7m | Reduced -9.7k |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 215.0k $9.7m | Added +97.0k |
| SEIZERT CAPITAL PARTNERS, LLC 0.40% of their portfolio | 211.9k $9.5m | Added +50.2k |
| ALGERT GLOBAL LLC 0.14% of their portfolio | 202.9k $9.1m | Added +144.0k |
| Wolf Hill Capital Management, LP 1.01% of their portfolio | 193.2k $8.7m | Reduced -58.6k |
| Delta Global Management LP 0.63% of their portfolio | 192.1k $8.6m | Added +23.5k |
| Hudson Bay Capital Management LP 0.05% of their portfolio | 180.4k $8.1m | Reduced -328.2k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.01% of their portfolio | 173.8k $7.6m | Unchanged |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 160.9k $7.2m | Reduced -152 |
| SEI INVESTMENTS CO 0.01% of their portfolio | 157.9k $7.1m | Reduced -95.9k |
| Liontrust Investment Partners LLP 0.10% of their portfolio | 156.4k $7.0m | Reduced -80.4k |