Uber Technologies Inc Portfolio Shifts: Significant Stake Changes in Aurora Innovation and Rivian Automotive
This quarter, Uber's portfolio saw notable changes including a substantial reduction in Aurora Innovation holdings and an increase in Rivian Automotive shares.
As of June 30th, 2026, Uber Technologies Inc's portfolio reflects significant adjustments during the quarter. The total value stands at $4.19 billion, with holdings concentrated in specific sectors and companies.
Analysis of Uber's portfolio changes highlights two key transactions impacting their largest positions. Aurora Innovation Inc (AUR) experienced a notable decrease in its stake, while Rivian Automotive Inc (RIVN) saw an increase.
Sale of Aurora Innovation: Uber sold shares in Aurora Innovation, reducing its position by 20.71 percentage points to a current allocation of 39.12%. This translates to selling approximately 67.5 million shares, resulting in the stock's value within the portfolio decreasing significantly from prior period levels.
Purchase of Rivian Automotive: Conversely, Uber increased its stake in Rivian Automotive by acquiring all 19.55 million shares held previously (representing a +100% change from prior period). This brought the portfolio allocation for Rivian up to 7.53%, indicating a substantial new commitment.
The other major holding, Grab Holdings Limited (G4124C109), remained unchanged in both share count and value during this quarter according to the disclosed data.
These changes occurred alongside other stable positions like Joby Aviation Inc (G65163100) and Marqeta Inc (MQ), which showed no change. The portfolio's top five holdings account for 92.95% of its total value, showcasing a concentrated investment strategy.
From the available data, Uber appears to have exited or reduced its position in Aurora Innovation significantly while initiating a new large holding in Rivian Automotive. No other major changes are disclosed for this quarter.