• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
PublishDashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI employees
    Legal
    Terms of usePrivacy policyCookie policy

    SEC Form SC 13G filed by Upstart Holdings Inc.

    2/14/22 2:40:55 PM ET
    $UPST
    Finance: Consumer Services
    Finance
    Get the next $UPST alert in real time by email
    SC 13G 1 vvp_upst123121.htm

    UNITED STATES

    SECURITIES AND EXCHANGE COMMISSION

    WASHINGTON, D.C. 20549

    _________________________

     

    SCHEDULE 13G

     

    Under the Securities Exchange Act of 1934

    (Amendment No. )1

     

     

    Upstart Holdings, Inc.

    ______________________________________________________________________________

    (Name of Issuer)

     

    Common Stock

    ______________________________________________________________________________

    (Title of Class of Securities)

     

    91680M107

    ______________________________________________________________________________

    (CUSIP Number)

     

     

    December 31, 2021

    _________________________________________________________________________________

    (Date of Event Which Requires Filing of this Statement)

     

    Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

     

    [X]       Rule 13d-1(b)

     

    [_]       Rule 13d-1(c)

     

    [_]       Rule 13d-1(d)

    ___________

     

    1       The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosure provided in a prior cover page.

     

    The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

     
     

    1.       NAME OF REPORTING PERSON

     

    Vulcan Value Partners, LLC

     

    2.       CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

     

    (a)       [ ]

    (b)       [ ]

     

    3.       SEC USE ONLY

     

    4.       CITIZENSHIP OR PLACE OF ORGANIZATION

     

    Delaware

     

    NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH

     

    5.       SOLE VOTING POWER

     

    4,746,863

     

    6.       SHARED VOTING POWER

     

    0

     

    7.       SOLE DISPOSITIVE POWER

     

    4,845,315

     

    8.       SHARED DISPOSITIVE POWER

     

    0

     

    9.AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

     

    4,845,315

     

     

    10.CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

     

    [ ]

     

    11.PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

     

    5.91%

     

     

    12.TYPE OF REPORTING PERSON

     

    IA

     

     

     

     

     

     
     

    1.       NAME OF REPORTING PERSON

     

    Mr. C.T. Fitzpatrick

     

    2.       CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

     

    (a)       [ ]

    (b)       [ ]

     

    3.       SEC USE ONLY

     

    4.       CITIZENSHIP OR PLACE OF ORGANIZATION

     

    Citizen of United States

     

    NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH

     

    5.       SOLE VOTING POWER

     

    0

     

    6.       SHARED VOTING POWER

     

    0

     

    7.       SOLE DISPOSITIVE POWER

     

    0

     

    8.       SHARED DISPOSITIVE POWER

     

    0

     

    9.AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

     

    0

     

     

    10.CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

     

    [X] – see note in Item 3(g).

     

    11.PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

     

    0%

     

     

    12.TYPE OF REPORTING PERSON

     

    HC

     
     

    SCHEDULE 13G

    Item 1.

     

    (a)       Name of Issuer:

     

    Upstart Holdings, Inc.

     

    (b)       Address of Issuer's Principal Executive Offices:

     

    2950 S. Delaware Street, Suite 300

    San Mateo, CA 94403

     

    Item 2.

     

    (a)       Name of Person Filing:

     

    Vulcan Value Partners, LLC

    Mr. C.T. Fitzpatrick

     

    (b)       Address of Principal Business Office, or if None, Residence:

     

    Three Protective Center, 2801 Highway 280 South

    Suite 300

    Birmingham, AL 35223

     

    (c)       Citizenship:

     

    Vulcan Value Partners, LLC – a Delaware limited liability company

    Mr. C.T. Fitzpatrick – U.S. Citizen

     

    (d)       Title of Class of Securities:

     

    Incorporated by reference from the Cover Page.

     

    (e)       CUSIP Number:

     

    Incorporated by reference from the Cover Page.

     

    Item 3.If this Statement is filed pursuant to Rule 13d-1(b), or 13d-2(b) or (c), check whether the person filing is a:

     

    (e) [X]An investment adviser registered under Section 203 of the Investment Advisers Act of 1940. This statement is being filed by Vulcan Value Partners, LLC as a registered investment adviser. All of the securities covered by this report are owned legally by Vulcan Value Partners, LLC’s investment advisory clients and none are owned directly or indirectly by Vulcan Value Partners, LLC. As permitted by Rule 13d-4, the filing of this statement shall not be construed as an admission that Vulcan Value Partners, LLC is the beneficial owner of any of the securities covered by this statement.

     

     

     
     
    (g) [X]Parent Holding Company or Control Person. This statement is also being filed by Mr. C. T. Fitzpatrick, Chief Executive Officer/Chief Investment Officer/Principal of Vulcan Value Partners, LLC in the event that he could be deemed to be a controlling person of that firm as the result of his official positions with or ownership of its voting securities. The existence of such control is expressly disclaimed. Mr. Fitzpatrick and/or members of his immediate family own 40,469 shares of the securities covered by this statement for his or their own accounts, in a managed account over which Vulcan Value Partners, LLC serves as the investment adviser. Vulcan Value Partners, LLC exercises voting and dispositive power over such account. Mr. Fitzpatrick and/or members of his immediate family may also hold shares of the registered investment companies to which Vulcan Value Partners, LLC serves as investment adviser, which may hold shares of the securities covered by this statement. As permitted by Rule 13d-4, the filing of this statement shall not be construed as an admission that Mr. Fitzpatrick is the beneficial owner of any of the securities covered by this statement.

     

    Item 4.Ownership.

     

    (a)Amount Beneficially Owned:

     

    4,845,315

     

    (b)               Percent of Class:

     

    5.91%

     

    (c)       Number of Shares as to Which Such Person has:

     

    (i)       Sole Power to Vote or Direct the Vote.

     

    4,746,863

     

    (ii)       Shared Power to Vote or to Direct the Vote.

     

    0

     

    (iii)       Sole Power to Dispose or to Direct the Disposition of.

     

    4,845,315

     

    (iv)       Shared Power to Dispose or to Direct the Disposition of.

     

    0

     

    Item 5.Ownership of Five Percent (5%) or Less of a Class.

     

    If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than 5 percent of the class of securities, check the following [_]

     

     

     

     

     
     
    Item 6.Ownership of More than Five Percent (5%) on Behalf of Another Person.

     

    Various persons, including the investment companies and owners of the separate accounts to which Vulcan Value Partners, LLC (“Vulcan”) serves as investment adviser, have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the securities that are the subject of this schedule. Except as may be otherwise indicated if this is a joint filing, not more than 5% of the class of securities that is the subject of this schedule is owned by any one client advised by Vulcan.

     

    Item 7.Identification and Classification of the Subsidiary which Acquired the Security being Reported on by the Parent Holding Company.

     

    Not Applicable.

     

    Item 8.Identification and Classification of Members of the Group.

     

    Not Applicable.

     

    Item 9.Notice of Dissolution of Group.

     

    Not Applicable.

     

    Item 10.Certifications.

     

    By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

     

     

    SIGNATURE

     

     

    After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

     

     

    February 14, 2022

    Date

     

     

    Vulcan Value Partners, LLC

     

    By : /s/ Ashley Morris Mendelsohn

    Name : Ashley Morris Mendelsohn

    Title : Chief Compliance Officer

     

     

    C.T. Fitzpatrick, Individually

     

     
     

           /s/ Ashley Morris Mendelsohn POA for

    C.T. Fitzpatrick

     

     

    Joint Filing Agreement

     

    In accordance with Rule 13d-1(k) under the Securities Exchange Act of 1934, the persons or entities named below agree to the joint filing on behalf of each of them of this Schedule 13G with respect to the Securities of the Issuer and further agree that this joint filing agreement be included as an exhibit to this Schedule 13G. In evidence thereof, the undersigned hereby execute this Agreement as of February 14, 2022.

     

     

     

    Vulcan Value Partners, LLC

     

    By : /s/ Ashley Morris Mendelsohn

    Name : Ashley Morris Mendelsohn

    Title : Chief Compliance Officer

     

     

    C.T. Fitzpatrick, Individually

     

    /s/ Ashley Morris Mendelsohn POA for

    C.T. Fitzpatrick

     

     

     

     

     

    Get the next $UPST alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $UPST

    DatePrice TargetRatingAnalyst
    4/29/2025$53.00Underperform → Neutral
    BofA Securities
    2/14/2025$12.00 → $70.00Underweight → Equal-Weight
    Morgan Stanley
    2/12/2025$57.00 → $79.00Underweight → Neutral
    Analyst
    2/12/2025$49.00 → $105.00Neutral → Buy
    B. Riley Securities
    12/13/2024$100.00Hold → Buy
    Needham
    12/3/2024$37.00 → $95.00Neutral → Buy
    Redburn Atlantic
    12/2/2024Neutral → Underweight
    Analyst
    11/11/2024Sell → Neutral
    BTIG Research
    More analyst ratings

    $UPST
    Leadership Updates

    Live Leadership Updates

    See more
    • Broadway Financial Corporation Announces New Board Member

      LOS ANGELES, March 10, 2025 /PRNewswire/ -- Broadway Financial Corporation ("Broadway" or the "Company") (NASDAQ:BYFC), parent company of City First Bank, National Association (the "Bank"), is pleased to announce the appointment of Mary Hentges to its board of directors (the "Board"), effective March 5, 2025, to fill the vacancy on the Board after its size was increased to ten directors. Ms. Hentges will serve on the Audit Committee of the Board of the Company and the Bank, and on the Risk and Compliance Committee and Internal Asset Review Committee of the Bank. Ms. Hentges wi

      3/10/25 5:25:00 PM ET
      $BYFC
      $UPST
      Savings Institutions
      Finance
      Finance: Consumer Services
    • Upstart Appoints Peter Bernard to Its Board of Directors

      Upstart (NASDAQ:UPST), the leading AI lending marketplace, today announced that Peter Bernard has been appointed to the company's Board of Directors. "We're thrilled to welcome Peter to the Upstart Board," said Dave Girouard, co-founder and CEO of Upstart. "Peter's deep expertise in banking and risk management, and rich knowledge of public and private markets, will be particularly valuable as we continue to innovate and expand on the funding side of our business." "Like Upstart, I believe AI is making lending more affordable, inclusive, and transparent," said Bernard. "It's an exciting time in Upstart's evolution and I look forward to helping Dave, Paul, and the team build an enduring com

      2/19/25 9:00:00 AM ET
      $UPST
      Finance: Consumer Services
      Finance
    • Blue Owl Capital and Upstart Partner on Consumer Credit in $2 Billion Agreement

      Upstart (NASDAQ:UPST), the leading artificial intelligence (AI) lending marketplace, today announced a programmatic purchase commitment from funds managed by Blue Owl Capital Inc. ("Blue Owl"). Blue Owl's Alternative Credit strategy will purchase up to $2 billion of consumer loans on the Upstart platform over 18 months. The transaction includes an initial acquisition of a $290 million personal loan portfolio, which closed in September. "We are excited to support Upstart's efforts to make the consumer lending process dramatically more efficient for both borrowers and lenders," said David Aidi, Co-Head of Financial Assets, Blue Owl Alternative Credit. "We are also proud to leverage the Blue

      10/10/24 2:33:00 PM ET
      $OWL
      $UPST
      Investment Managers
      Finance
      Finance: Consumer Services

    $UPST
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • Upstart CFO to Participate in Fireside Chat at the Morgan Stanley US Financials Conference

      Upstart Holdings, Inc. (NASDAQ:UPST), the leading artificial intelligence (AI) lending marketplace, today announced that Sanjay Datta, Chief Financial Officer, will participate in a fireside chat at the Morgan Stanley US Financials Conference on Tuesday, June 10 at 3:15pm ET (12:15pm PT). A live audio webcast of the event will be available on Upstart's investor relations website at ir.upstart.com. A replay of the webcast will be available for a limited period of time following the event. About Upstart Upstart (NASDAQ:UPST) is the leading AI lending marketplace, connecting millions of consumers to more than 100 banks and credit unions that leverage Upstart's AI models and cloud applica

      5/30/25 5:05:00 PM ET
      $UPST
      Finance: Consumer Services
      Finance
    • All In Credit Union Selects Upstart for Personal Lending

      All In Credit Union, a leading credit union serving 200,000 members with $3.6 billion in assets, has announced its partnership with Upstart (NASDAQ:UPST), the leading artificial intelligence (AI) lending marketplace, to offer personal loans to more consumers. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250528446489/en/ "All In Credit Union's mission is to enrich the lives of our members and communities through the best products and services, so that members can focus on living their best life," said Todd Peeples, SVP of Sales & Lending at All In Credit Union. "By partnering with Upstart, we're expanding our membership digital

      5/28/25 9:00:00 AM ET
      $UPST
      Finance: Consumer Services
      Finance
    • Upstart CTO and CFO to Participate in Fireside Chat at the BofA Securities 2025 Global Technology Conference

      Upstart Holdings, Inc. (NASDAQ:UPST), the leading artificial intelligence (AI) lending marketplace, today announced that Paul Gu, Co-founder and Chief Technology Officer, and Sanjay Datta, Chief Financial Officer, will participate in a fireside chat at the BofA Securities 2025 Global Technology Conference on Tuesday, June 3 at 10:40am PT (1:40pm ET). A live audio webcast of the event will be available on Upstart's investor relations website at ir.upstart.com. A replay of the webcast will be available for a limited period of time following the event. About Upstart Upstart (NASDAQ:UPST) is the leading AI lending marketplace, connecting millions of consumers to more than 100 banks and credi

      5/22/25 4:05:00 PM ET
      $UPST
      Finance: Consumer Services
      Finance

    $UPST
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • Upstart upgraded by BofA Securities with a new price target

      BofA Securities upgraded Upstart from Underperform to Neutral and set a new price target of $53.00

      4/29/25 8:04:24 AM ET
      $UPST
      Finance: Consumer Services
      Finance
    • Upstart upgraded by Morgan Stanley with a new price target

      Morgan Stanley upgraded Upstart from Underweight to Equal-Weight and set a new price target of $70.00 from $12.00 previously

      2/14/25 7:08:27 AM ET
      $UPST
      Finance: Consumer Services
      Finance
    • Upstart upgraded by Analyst with a new price target

      Analyst upgraded Upstart from Underweight to Neutral and set a new price target of $79.00 from $57.00 previously

      2/12/25 7:14:15 AM ET
      $UPST
      Finance: Consumer Services
      Finance

    $UPST
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Director Bernard Peter J was granted 1,099 shares, increasing direct ownership by 37% to 4,082 units (SEC Form 4)

      4 - Upstart Holdings, Inc. (0001647639) (Issuer)

      5/29/25 4:52:57 PM ET
      $UPST
      Finance: Consumer Services
      Finance
    • Director Terry Hilliard C. Iii was granted 4,314 shares, increasing direct ownership by 16% to 30,956 units (SEC Form 4)

      4 - Upstart Holdings, Inc. (0001647639) (Issuer)

      5/29/25 4:52:03 PM ET
      $UPST
      Finance: Consumer Services
      Finance
    • Director O'Kelly Ciaran was granted 4,314 shares, increasing direct ownership by 16% to 31,840 units (SEC Form 4)

      4 - Upstart Holdings, Inc. (0001647639) (Issuer)

      5/29/25 4:51:00 PM ET
      $UPST
      Finance: Consumer Services
      Finance

    $UPST
    Financials

    Live finance-specific insights

    See more
    • Upstart Announces Results for First Quarter 2025

      Upstart Holdings, Inc. (NASDAQ:UPST), the leading artificial intelligence (AI) lending marketplace, today announced financial results for the quarter ended March 31, 2025. Upstart will host a conference call and webcast at 1:30 p.m. Pacific Time today. An earnings presentation and link to the webcast are available at ir.upstart.com. "With an unparalleled pace of innovation, we continue to raise the bar in AI-enabled lending," said Dave Girouard, Co-founder and CEO of Upstart. "In this foundational aspect of our economy, AI is clearly living up to its promise of delivering a radically better product for consumers." First Quarter 2025 Highlights Transaction Volume: 240,706 loans originate

      5/6/25 4:05:00 PM ET
      $UPST
      Finance: Consumer Services
      Finance
    • Upstart to Announce First Quarter 2025 Results on May 6, 2025

      Upstart Holdings, Inc. (NASDAQ:UPST), the leading artificial intelligence (AI) lending marketplace, will hold a conference call to discuss its first quarter 2025 financial results on Tuesday, May 6, 2025, at 1:30 p.m. PT / 4:30 p.m. ET. The company's earnings press release and investor presentation will be available on its investor relations website at ir.upstart.com after the market closes that day. Live webcast. The live webcast and a replay will be available on Upstart's investor relations website. Conference Call Dial-In. To access the live conference call in the United States and Canada: +1 888-204-4368, conference code 8144054. To access the live conference call outside of the Unite

      4/7/25 4:05:00 PM ET
      $UPST
      Finance: Consumer Services
      Finance
    • Upstart Announces Fourth Quarter and Full Year 2024 Results

      Upstart Holdings, Inc. (NASDAQ:UPST), the leading artificial intelligence (AI) lending marketplace, today announced financial results for the quarter and full year ended December 31, 2024. Upstart will host a conference call and webcast at 1:30 p.m. Pacific Time today. An earnings presentation and link to the webcast are available at ir.upstart.com. "In Q4 of 2024, our business grew dramatically across all product categories, delivered Adjusted EBITDA at levels not seen since the first quarter of 2022, and came within a whisker of returning to GAAP profitability," said Dave Girouard, co-founder and CEO of Upstart. "We launched into 2025 with unparalleled energy and optimism for the future

      2/11/25 4:05:00 PM ET
      $UPST
      Finance: Consumer Services
      Finance

    $UPST
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • SEC Form SC 13G/A filed by Upstart Holdings Inc. (Amendment)

      SC 13G/A - Upstart Holdings, Inc. (0001647639) (Subject)

      2/13/24 5:16:00 PM ET
      $UPST
      Finance: Consumer Services
      Finance
    • SEC Form SC 13G/A filed by Upstart Holdings Inc. (Amendment)

      SC 13G/A - Upstart Holdings, Inc. (0001647639) (Subject)

      2/9/24 8:18:06 PM ET
      $UPST
      Finance: Consumer Services
      Finance
    • SEC Form SC 13G filed by Upstart Holdings Inc.

      SC 13G - Upstart Holdings, Inc. (0001647639) (Subject)

      1/29/24 3:26:27 PM ET
      $UPST
      Finance: Consumer Services
      Finance

    $UPST
    SEC Filings

    See more
    • Upstart Holdings Inc. filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders

      8-K - Upstart Holdings, Inc. (0001647639) (Filer)

      5/23/25 5:16:13 PM ET
      $UPST
      Finance: Consumer Services
      Finance
    • SEC Form 144 filed by Upstart Holdings Inc.

      144 - Upstart Holdings, Inc. (0001647639) (Subject)

      5/20/25 5:10:37 PM ET
      $UPST
      Finance: Consumer Services
      Finance
    • SEC Form 144 filed by Upstart Holdings Inc.

      144 - Upstart Holdings, Inc. (0001647639) (Subject)

      5/20/25 5:09:47 PM ET
      $UPST
      Finance: Consumer Services
      Finance