Who Owns UPS?
Updated onExplore the ownership hierarchy of UPS. See parent companies, holding structures, and ultimate controllers.
Ownership Chain
UPS is a global package delivery and supply chain management company offering domestic and international parcel delivery, freight, logistics, and supply‑chain services to businesses and consumers.
UPS appears to be independent with no known parent company.
UPS is a global package delivery and supply chain management company offering domestic and international parcel delivery, freight, logistics, and supply‑chain services to businesses and consumers.
UPS appears to be independent with no known parent company.
Major Shareholders
UPS
Major Shareholders
| Name | Type | Ownership | As of |
|---|---|---|---|
UPS employees and retirees (Class A shareowners) Collectively hold essentially all UPS Class A common shares, which carried 10 votes per share versus one vote per Class B share as of Dec. 31, 2023. Class A stock is held primarily by UPS employees and retirees, as well as certain trusts and descendants of the company’s founders, and represented about 15% of shares outstanding at that date. Due to the super‑voting rights, this group controls a majority of UPS’s voting power even though it holds a minority of the economic interest. | Other | 15.0% | Dec 2023 |
The Vanguard Group, Inc. Largest institutional shareholder. Q3 2025 Form 13F filings report Vanguard-managed funds owning about 67.28 million UPS Class B shares, corresponding to roughly 7.9–8.0% of UPS’s outstanding common stock. | Institutional | 7.9% | Sep 2025 |
BlackRock, Inc. Global asset manager and second‑largest institutional holder. Q3 2025 institutional holdings show BlackRock funds owning approximately 48.21 million UPS shares, or about 5.7% of shares outstanding. | Institutional | 5.7% | Sep 2025 |
State Street Corp Through State Street Global Advisors, reports ownership of about 31.06 million UPS shares (roughly 3.7% of the company) in Q3 2025 Form 13F data. | Institutional | 3.7% | Sep 2025 |
Charles Schwab Investment Management Inc Asset‑management arm of The Charles Schwab Corporation. Q3 2025 filings indicate holdings of roughly 26.29 million UPS shares, representing about 3.1% of shares outstanding. | Institutional | 3.1% | Sep 2025 |
FMR LLC Parent company of Fidelity Investments. Q3 2025 13F reports show FMR funds holding about 20.46 million UPS shares, or around 2.4% of the company. | Institutional | 2.4% | Sep 2025 |
Geode Capital Management, LLC Index‑oriented manager affiliated with Fidelity. Q3 2025 filings report ownership of approximately 16.91 million UPS shares (~2.0% stake). | Institutional | 2.0% | Sep 2025 |
Bank of America Corp Bank of America and affiliated investment units collectively report holding roughly 11.46 million UPS shares in Q3 2025 (about 1.3–1.4% of shares outstanding). | Institutional | 1.4% | Sep 2025 |
Morgan Stanley Global financial services firm. Q3 2025 13F data show Morgan Stanley and its investment entities owning approximately 10.68 million UPS shares (~1.3% of the company). | Institutional | 1.3% | Sep 2025 |
Victory Capital Management Inc Investment manager whose funds collectively held about 7.99 million UPS shares (just under 1.0% of outstanding shares) as of Q3 2025. | Institutional | 0.9% | Sep 2025 |
UBS Group AG Swiss-based financial group. Q3 2025 holdings disclosures show UBS and its asset‑management affiliates owning around 7.51 million UPS shares, or roughly 0.9% of the company. | Institutional | 0.9% | Sep 2025 |
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