Vault-13

STUBHUB HLDGS INC STUB

CL A · Common Stock · CUSIP 86384P109

American ticket brokering company

116 institutional holders +21 vs Q3 2025
258,112,169258.1m shares reported held*
$3.5bnreported value*
54 new 21 added 17 reduced 38 sold out net bought ≈ $103.2m (+7.6m shares)

* 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. Holder counts are more reliable. Implied quarter-end price ≈ $13.53. Options: 23 managers hold calls ($86.4m notional), 16 hold puts ($94.3m).

Trends to Q4 2025

Institutional holders

Managers reporting a position, each quarter

050100150Q3 25: 95Q4 25: 116116Q3 25Q4 25
Numbers
QuarterHolders
Q3 202595
Q4 2025116

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$25m$50m$75m$100mQ1 25 calls: $0Q1 25 puts: $0Q1 25P/C —Q2 25 calls: $0Q2 25 puts: $0Q2 25P/C —Q3 25 calls: $52.7mQ3 25 puts: $57.7mQ3 25P/C 1.10Q4 25 calls: $86.4mQ4 25 puts: $94.3mQ4 25P/C 1.09
Numbers
QuarterCallsPutsP/C
Q1 2025$0$0—
Q2 2025$0$0—
Q3 2025$52.7m$57.7m1.10
Q4 2025$86.4m$94.3m1.09

Biggest buyers

Capital Research Global Investors New +7,900,000+7.9m
PointState Capital LP Added +4,117,332+4.1m
Capital International Investors New +4,082,393+4.1m
BlackRock, Inc. Added +1,610,601+1.6m
Rokos Capital Management LLP New +1,526,531+1.5m
Slate Path Capital LP New +1,459,200+1.5m
GOLDMAN SACHS GROUP INC Added +1,049,966+1.0m
WS MANAGEMENT LLLP New +800,000+800.0k
Rubric Capital Management LP New +784,854+784.9k
Jain Global LLC New +767,921+767.9k

Biggest sellers

Capital World Investors Reduced -3,875,170-3.9m
Holocene Advisors, LP Sold out -2,517,239-2.5m
VIKING GLOBAL INVESTORS LP Sold out -2,040,816-2.0m
Duquesne Family Office LLC Reduced -1,953,765-2.0m
AMERICAN CENTURY COMPANIES INC Sold out -1,885,826-1.9m
PRINCIPAL FINANCIAL GROUP INC Sold out -1,564,000-1.6m
FMR LLC Sold out -1,253,740-1.3m
Longaeva Partners L.P. Reduced -1,245,558-1.2m
CITADEL ADVISORS LLC Reduced -945,203-945.2k
Balyasny Asset Management L.P. Reduced -881,752-881.8k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $19.7m1.5m shares
GOLDMAN SACHS GROUP INC Added $17.5m1.3m shares
Longaeva Partners L.P. Reduced $13.5m1.0m shares
BARCLAYS PLC New $6.1m450.0k shares
JANE STREET GROUP, LLC Added $5.7m422.8k shares
CITADEL ADVISORS LLC Added $5.1m378.1k shares
GROUP ONE TRADING LLC Added $3.2m234.9k shares
SIMPLEX TRADING, LLC Added $2.9m217.6k shares
JPMORGAN CHASE & CO New $2.6m194.2k shares
Marathon Trading Investment Management LLC New $2.0m150.0k shares

Biggest puts

GOLDMAN SACHS GROUP INC Added $32.2m2.4m shares
Apollo Management Holdings, L.P. Reduced $13.6m1.0m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $9.5m704.3k shares
GROUP ONE TRADING LLC Added $6.7m496.7k shares
JANE STREET GROUP, LLC Added $4.9m360.4k shares
BARCLAYS PLC New $4.7m350.0k shares
Walleye Trading LLC New $4.0m292.2k shares
CITADEL ADVISORS LLC Added $3.8m283.3k shares
Caption Management, LLC Reduced $3.7m269.8k shares
Hudson Bay Capital Management LP Reduced $3.4m250.0k 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.

HolderStakeChangeShares Last filed
Madrone SHV Partners, LLC 13G · exempt (held before listing) new · filed 2025-11-14 22.1% new 75.8m≈ $975.5m 2025-11-14
Baker Eric Howard 13G · exempt (held before listing) new · filed 2025-11-14 9.4% new 32.7m≈ $420.7m 2025-11-14
Bessemer Venture Partners VIII L.P. 13G · exempt (held before listing) -0.5 pts · filed 2026-04-29 6.1% -0.5 pts 20.3m≈ $261.5m 2026-04-29

Fell to 5% or below in the last year: PointState Capital LP (3.2%, 2026-08-14), WestCap Management, LLC (3.8%, 2026-04-08)

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.

None reported in Q4 2025.

Holders, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MADRONE ADVISORS, LLC 63.41% of their portfolio Denver, CO 75,780,05575.8m $1.0bn $1.0bn 63.41% Unchanged
2 WestCap Management, LLC 93.29% of their portfolio San Francisco, CA 31,734,69031.7m $429.4m $429.4m 93.29% First filing
3 PointState Capital LP 5.74% of their portfolio New York, NY 24,823,33524.8m $335.9m $335.9m 5.74% Added +4.1m +4,117,332
4 Deer Management Co. LLC 28.98% of their portfolio LARCHMONT, NY 22,038,48922.0m $298.2m $298.2m 28.98% Unchanged
5 Declaration Partners LP 100.00% of their portfolio NEW YORK, NY 14,786,99014.8m $200.1m $200.1m 100.00% First filing
6 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 8,162,1238.2m $110.4m $110.4m 0.01% Reduced -9.5k -9,491
7 Capital Research Global Investors 0.02% of their portfolio Los Angeles, CA 7,900,0007.9m $106.9m $106.9m 0.02% New
8 StepStone Group LP 54.74% of their portfolio La Jolla, CA 7,562,2257.6m $102.3m $102.3m 54.74% Unchanged
9 NEUBERGER BERMAN GROUP LLC 0.07% of their portfolio NEW YORK, NY 7,368,7677.4m $99.7m $99.7m 0.07% Unchanged
10 Index Venture Associates III Ltd 100.00% of their portfolio ST. HELIER, CHANNEL ISLANDS, Y9 6,296,5506.3m $85.2m $85.2m 100.00% First filing
11 BlackRock, Inc. 0.00% of their portfolio New York, NY 4,942,1624.9m $66.9m $66.9m 0.00% Added +1.6m +1,610,601
12 ALLIANCEBERNSTEIN L.P. 0.02% of their portfolio NASHVILLE, TN 4,120,3084.1m $55.7m $55.7m 0.02% Reduced -39.5k -39,535
13 Capital International Investors 0.01% of their portfolio Los Angeles, CA 4,082,3934.1m $55.2m $55.2m 0.01% New
14 Insight Holdings Group, LLC 3.48% of their portfolio NEW YORK, NY 3,437,3803.4m $46.5m $46.5m 3.48% Unchanged
15 BAMCO INC /NY/ 0.11% of their portfolio NEW YORK, NY 2,953,2133.0m $40.0m $40.0m 0.11% Reduced -41.1k -41,117
16 Duquesne Family Office LLC 0.74% of their portfolio New York, NY 2,305,7512.3m $31.2m $31.2m 0.74% Reduced -2.0m -1,953,765
17 Brown University 19.57% of their portfolio Providence, RI 2,062,4252.1m $27.9m $27.9m 19.57% Unchanged
18 NORGES BANK 0.00% of their portfolio OSLO, Q8 1,750,0001.8m $23.7m $23.7m 0.00% Not comparable
19 Rokos Capital Management LLP 0.30% of their portfolio LONDON, X0 1,526,5311.5m $20.7m $20.7m 0.30% New
20 Slate Path Capital LP 0.27% of their portfolio New York, NY 1,459,2001.5m $19.7m $19.7m 0.27% New
21 Longaeva Partners L.P. 2.33% of their portfolio Chicago, IL 1,450,0471.5m $19.6m $19.6m 2.33% Reduced -1.2m -1,245,558
22 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 1,250,6431.3m $16.9m $16.9m 0.00% Added +1.0m +1,049,966
23 Capital World Investors 0.00% of their portfolio LOS ANGELES, CA 1,109,4221.1m $15.0m $15.0m 0.00% Reduced -3.9m -3,875,170
24 NWI MANAGEMENT LP 0.41% of their portfolio NEW YORK, NY 1,000,0001.0m $13.5m $13.5m 0.41% Unchanged
25 DISCOVERY CAPITAL MANAGEMENT, LLC / CT 0.70% of their portfolio SOUTH NORWALK, CT 960,507960.5k $13.0m $13.0m 0.70% Added +367.4k +367,407
26 MAVERICK CAPITAL LTD 0.14% of their portfolio DALLAS, TX 931,473931.5k $12.6m $12.6m 0.14% Unchanged
27 Alberta Investment Management Corp 0.07% of their portfolio EDMONTON, A0 856,000856.0k $11.6m $11.6m 0.07% Reduced -50.0k -50,000
28 UBS Group AG 0.00% of their portfolio ZURICH, V8 819,172819.2k $11.1m $11.1m 0.00% Reduced -596.4k -596,414
29 WS MANAGEMENT LLLP 1.45% of their portfolio JACKSONVILLE, FL 800,000800.0k $10.8m $10.8m 1.45% New
30 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 797,596797.6k $10.8m $10.8m 0.00% Added +447.6k +447,596
31 Rubric Capital Management LP 0.13% of their portfolio NEW YORK, NY 784,854784.9k $10.6m $10.6m 0.13% New
32 Jain Global LLC 0.10% of their portfolio NEW YORK, NY 767,921767.9k $10.4m $10.4m 0.10% New
33 Balyasny Asset Management L.P. 0.02% of their portfolio Chicago, IL 761,157761.2k $10.3m $10.3m 0.02% Reduced -881.8k -881,752
34 DAVENPORT & Co LLC 0.05% of their portfolio RICHMOND, VA 736,975737.0k $10.0m $10.0m 0.05% New
35 MARSHALL WACE, LLP 0.01% of their portfolio LONDON, X0 666,979667.0k $9.0m $9.0m 0.01% Added +546.9k +546,871
36 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 628,440628.4k $8.5m $8.5m 0.01% Added +50.1k +50,146
37 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 582,770582.8k $7.9m $7.9m 0.00% Added +545.7k +545,706
38 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 581,744581.7k $7.9m $7.9m 0.01% Reduced -945.2k -945,203
39 Toronado Partners, LLC 7.18% of their portfolio SAN FRANCISCO, CA 555,710555.7k $7.5m $7.5m 7.18% Added +120.4k +120,378
40 RPM Capital Partners, LLC 6.36% of their portfolio New York, NY 535,850535.9k $7.3m $7.3m 6.36% New
41 SOROS FUND MANAGEMENT LLC 0.09% of their portfolio NEW YORK, NY 486,599486.6k $6.6m $6.6m 0.09% Reduced -387.8k -387,816
42 Barrier Capital Management, LLC 4.43% of their portfolio SAN FRANCISCO, CA 445,300445.3k $6.0m $6.0m 4.43% New
43 MOORE CAPITAL MANAGEMENT, LP 0.12% of their portfolio NEW YORK, NY 418,800418.8k $5.7m $5.7m 0.12% New
44 Burkehill Global Management, LP 0.33% of their portfolio NEW YORK, NY 365,000365.0k $4.9m $4.9m 0.33% Unchanged
45 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 359,056359.1k $4.9m $4.9m 0.00% New
46 Galaxy Group Investments LLC 0.62% of their portfolio NEW YORK, NY 331,708331.7k $4.5m $4.5m 0.62% New
47 VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio San Antonio, TX 305,950305.9k $4.1m $4.1m 0.00% Added +42.7k +42,690
48 Freestone Grove Partners LP 0.03% of their portfolio San Francisco, CA 292,770292.8k $4.0m $4.0m 0.03% New
49 CWM, LLC 0.01% of their portfolio OMAHA, NE 276,882276.9k $3.7m $3.7m 0.01% Added +276.4k +276,394
50 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 271,393271.4k $3.7m $3.7m 0.00% Added +270.4k +270,393
51 GAMCO INVESTORS, INC. ET AL 0.03% of their portfolio GREENWICH, CT 268,305268.3k $3.6m $3.6m 0.03% Unchanged
52 Unisphere Establishment 0.03% of their portfolio VADUZ, N2 250,000250.0k $3.4m $3.4m 0.03% Reduced -225.0k -225,000
53 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 192,836192.8k $2.6m $2.6m 0.00% New
54 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 160,400160.4k $2.2m $2.2m 0.00% New
55 TEACHER RETIREMENT SYSTEM OF TEXAS 0.01% of their portfolio AUSTIN, TX 150,000150.0k $2.0m $2.0m 0.01% Unchanged
56 MIRAE ASSET SECURITIES (USA) INC. 0.08% of their portfolio NEW YORK, NY 148,994149.0k $2.0m $2.0m 0.08% New
57 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 138,176138.2k $1.9m $1.9m 0.00% Added +4.2k +4,180
58 GABELLI & Co INVESTMENT ADVISERS, INC. 0.27% of their portfolio Rye, NY 134,150134.2k $1.8m $1.8m 0.27% Unchanged
59 Empowered Funds, LLC 0.03% of their portfolio NEWTOWN SQUARE, PA 122,441122.4k $1.7m $1.7m 0.03% New
60 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 115,469115.5k $1.6m $1.6m 0.00% Added +99.1k +99,099
61 IMC-Chicago, LLC 0.02% of their portfolio CHICAGO, IL 91,74891.7k $1.2m $1.2m 0.02% New
62 Stone Ridge Holdings Group LP 5.25% of their portfolio New York, NY 80,00080.0k $1.1m $1.1m 5.25% Unchanged
63 Baader Bank Aktiengesellschaft 0.08% of their portfolio Unterschleissheim, 2M 75,00075.0k $1.0m $1.0m 0.08% Not comparable
64 Universal- Beteiligungs- und Servicegesellschaft mbH 0.00% of their portfolio FRANKFURT AM MAIN, 2M 75,00075.0k $1.0m $1.0m 0.00% New
65 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 71,81671.8k $971.7k $971.7k 0.00% New
66 Thrive Capital Management, LLC 0.26% of their portfolio NEW YORK, NY 68,74568.7k $930.1k $930.1k 0.26% Unchanged
67 PEAK6 LLC 0.01% of their portfolio AUSTIN, TX 64,62464.6k $874.4k $874.4k 0.01% New
68 Alpine Global Management, LLC 0.17% of their portfolio NEW YORK, NY 56,40556.4k $763.2k $763.2k 0.17% Reduced -203.9k -203,894
69 Kazazian Asset Management, LLC 0.70% of their portfolio FORT LAUDERDALE, FL 49,27749.3k $666.7k $666.7k 0.70% New
70 CIBC WORLD MARKET INC. 0.00% of their portfolio TORONTO, A6 42,48842.5k $574.9k $574.9k 0.00% New
71 BROWN ADVISORY INC 0.00% of their portfolio BALTIMORE, MD 38,29838.3k $518.2k $518.2k 0.00% Unchanged
72 Cornerstone Wealth Management, LLC 0.03% of their portfolio ST. PETERS, MO 36,44036.4k $493.0k $493.0k 0.03% Added +6.1k +6,070
73 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 36,36436.4k $492.0k $492.0k 0.00% New
74 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 35,79735.8k $484.3k $484.3k 0.00% New
75 Intellectus Partners, LLC 0.09% of their portfolio SAN FRANCISCO, CA 34,50034.5k $466.8k $466.8k 0.09% New
76 Joel Isaacson & Co., LLC 0.01% of their portfolio NEW YORK, NY 28,50028.5k $385.6k $385.6k 0.01% New
77 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 25,92725.9k $350.8k $350.8k 0.00% New
78 Ardmore Road Asset Management LP 0.03% of their portfolio WESTPORT, CT 25,00025.0k $338.2k $338.2k 0.03% Added +5.0k +5,000
79 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 24,60824.6k $332.9k $332.9k 0.00% New
80 Tidal Investments LLC 0.00% of their portfolio Milwaukee, WI 22,37122.4k $302.7k $302.7k 0.00% New
81 SCOTIA CAPITAL INC. 0.00% of their portfolio TORONTO, A6 21,98922.0k $297.5k $297.5k 0.00% New
82 TUDOR INVESTMENT CORP ET AL 0.00% of their portfolio STAMFORD, CT 21,05121.1k $284.8k $284.8k 0.00% Reduced -214.1k -214,093
83 DARK FOREST CAPITAL MANAGEMENT LP 0.01% of their portfolio NEW YORK, NY 18,91718.9k $255.9k $255.9k 0.01% New
84 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 17,50017.5k $237.0k $237.0k 0.00% New
85 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 16,81216.8k $227.5k $227.5k 0.00% New
86 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 13,24013.2k $170.3k $170.3k 0.00% New
87 Squarepoint Ops LLC 0.00% of their portfolio NEW YORK, NY 12,98113.0k $175.6k $175.6k 0.00% Reduced -73.6k -73,619
88 Aspen Grove Capital, LLC 0.03% of their portfolio AVON, CO 12,30012.3k $166.4k $166.4k 0.03% New
89 Engineers Gate Manager LP 0.00% of their portfolio NEW YORK, NY 11,89411.9k $160.9k $160.9k 0.00% New
90 Cerity Partners LLC 0.00% of their portfolio NEW YORK, NY 11,10011.1k $150.2k $150.2k 0.00% New
91 INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.01% of their portfolio ORLANDO, FL 11,00011.0k $148.8k $148.8k 0.01% New
92 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 10,54610.5k $142.7k $142.7k 0.00% New
93 EXCHANGE TRADED CONCEPTS, LLC 0.00% of their portfolio Oklahoma City, OK 8,0278.0k $108.6k $108.6k 0.00% New
94 Garner Asset Management Corp 0.04% of their portfolio PLANO, TX 6,8326.8k $92.4k $92.4k 0.04% New
95 Colonial Trust Co / SC 0.01% of their portfolio SPARTANBURG, SC 6,0006.0k $81.2k $81.2k 0.01% New
96 SBI Securities Co., Ltd. 0.00% of their portfolio TOKYO, M0 5,2745.3k $71.4k $71.4k 0.00% Added +4.6k +4,607
97 Caption Management, LLC 0.00% of their portfolio OKLAHOMA CITY, OK 2,7262.7k $36.9k $36.9k 0.00% New
98 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 2,5932.6k $35.1k $35.1k 0.00% Added +1.4k +1,415
99 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 2,1682.2k $30.0k $30.0k 0.00% Reduced -24.8k -24,782
100 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 2,0002.0k $27.1k $27.1k 0.00% Unchanged