SCHEDULE: Citadel Discloses UWM Holdings Stake
Beneficial Ownership Disclosure
Citadel entities and Kenneth Griffin have disclosed beneficial ownership of UWM Holdings Corporation Class A Common Stock, totaling 2.8% for Mr. Griffin.
Summary
- Citadel Advisors LLC, Citadel Advisors Holdings LP, and Citadel GP LLC beneficially own 3,176,929 shares, representing 1.6% of UWM Holdings Corporation's Class A Common Stock.
- Citadel Securities LLC beneficially owns 1,083,315 shares, representing 0.5% of the Class A Common Stock.
- Citadel Securities Group LP and Citadel Securities GP LLC beneficially own 2,407,699 shares, representing 1.2% of the Class A Common Stock.
- Kenneth Griffin beneficially owns an aggregate of 5,584,628 shares, representing 2.8% of the Class A Common Stock.
- The percentages are based on 201,418,588 shares outstanding as of May 2, 2025, as reported in the issuer's Form 10-Q filed on May 6, 2025.
- This filing is an Amendment No. 3 to Schedule 13G, indicating an update to previously reported beneficial ownership.
Sentiment
Score: 5
Explanation: The filing is a factual disclosure of beneficial ownership, providing no direct positive or negative operational or financial news about the issuer. The sentiment is neutral as it simply reports a stake.
Positives
- A prominent investment firm, Citadel, and its founder, Kenneth Griffin, hold a significant stake in UWM Holdings Corporation, indicating their investment interest.
Risks
- The beneficial ownership is shared among multiple Citadel entities and Kenneth Griffin, meaning no single entity among the reporting persons has sole voting or dispositive power over the reported shares.
Future Outlook
NA
Industry Context
This filing reflects an institutional investment firm's stake in UWM Holdings Corporation, a major player in the U.S. mortgage lending industry. Such disclosures provide transparency into significant ownership positions within the financial services sector.
Stakeholder Impact
- Shareholders: Provides transparency regarding significant institutional and individual ownership stakes, which can influence market perception and trading activity.
Key Dates
| Date | Description |
|---|---|
| 2023-10-13 | Date of filing of power of attorney for Kenneth Griffin by Citadel Advisors LLC for Allakos Inc., referenced in this filing. |
| 2025-05-02 | Date as of which 201,418,588 shares of Class A Common Stock were outstanding, according to the issuer's Form 10-Q. |
| 2025-05-06 | Date UWM Holdings Corporation's Form 10-Q was filed with the SEC, providing the shares outstanding data. |
| 2025-06-30 | Date of event which requires filing of this statement. |
| 2025-08-14 | Date of signing of this Schedule 13G filing. |
Keywords
UWM Holdings Corporation, UWMC, Citadel, Kenneth Griffin, Schedule 13G, Beneficial Ownership, Class A Common Stock, Mortgage Industry, Financial Services
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