UWMC on NYSE
UWM Holdings
In its 2026 annual report the company says: “UWM is the largest overall residential mortgage lender as well as the largest purchase lender in the U.S., by closed loan volume, despite originating loans exclusively through the wholesale channel. Our principal strategy that has driven our substantial growth over the past years, is our strategic decision to operate solely as a Wholesale Mortgage Lender—thereby avoiding conflict with our partners, the Independent Mortgage Brokers and their direct relationship with borrowers.”5 It is headquartered in Pontiac, Michigan.1 Its shares trade on NYSE under the symbol UWMC.1
Price unavailable
Last updated Oct 21, 2026.
Overview
Compare with Rocket Companies, ONITY GROUP INC. or Finance of America Companies Inc., or pick any stock.
- TickerUWMC on NYSE1
- Industryfinancial sector1
- HeadquartersPontiac, Michigan1
- Websitewww.uwm.com
- Incorporated inDE4
- Business address585 South Blvd E, Pontiac, Mi 483414
- Filer categoryLarge accelerated filer4
See how the biggest companies compare on our leaderboards
We are the publicly traded indirect parent of United Wholesale Mortgage, LLC (“UWM”). UWM is the largest overall residential mortgage lender as well as the largest purchase lender in the U.S., by closed loan volume, despite originating loans exclusively through the wholesale channel. We originate primarily conforming and government loans across all 50 states and the District of Columbia.5 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
0.9%Net margin3
18.2%Revenue growth, 20253
1.7%Return on equity3
1.87×Debt to equity3
-$2.7BFree cash flow3
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Other costs99¢$3.1B
- Income tax0¢$6.9M
- Profit1¢$27.4M
Out of $3.2B in revenue.3
Financial statements
Every line of the income statement as filed: the last 3 fiscal years, latest first.3
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Loan production income | $1.9B | $1.5B | $1.0B |
| Loan servicing income | $724.7M | $636.7M | $818.7M |
| Interest income | $537.7M | $508.6M | $346.2M |
| Total revenue | $3.2B | $2.7B | $2.2B |
| Change in fair value of mortgage servicing rights | -$1.1B | -$295.0M | -$854.1M |
| Gain (loss) on other interest rate derivatives | $298.1M | -$215.4M | $0 |
| Other gains (losses), net | -$757.3M | -$510.4M | -$854.1M |
| Salaries, commissions and benefits | $851.2M | $689.2M | $530.2M |
| Direct loan production costs | $208.8M | $190.3M | $104.3M |
| Marketing, travel, and entertainment | $106.2M | $96.8M | $84.5M |
| Depreciation and amortization | $50.0M | $45.5M | $46.1M |
| General and administrative | $264.1M | $209.8M | $170.4M |
| Servicing costs | $145.6M | $111.0M | $131.8M |
| Interest expense | $530.8M | $490.8M | $320.3M |
| Other income | -$4.4M | -$5.5M | -$5.0K |
| Total expenses | $2.2B | $1.8B | $1.4B |
| Earnings (loss) before income taxes | $250.9M | $336.0M | -$76.3M |
| Provision (benefit) for income taxes | $6.9M | $6.6M | -$6.5M |
| Net income (loss) | $244.0M | $329.4M | -$69.8M |
| Net income (loss) attributable to non-controlling interest | $216.6M | $315.0M | -$56.6M |
| Net income (loss) attributable to UWM Holdings Corporation | $27.4M | $14.4M | -$13.2M |
| Basic (in usd per share) | $0.13 | $0.13 | -$0.14 |
| Diluted (in usd per share) | $0.12 | $0.13 | -$0.14 |
| Basic (in shares) | 211.4M shares | 111.4M shares | 93.2M shares |
| Diluted (in shares) | 1.6B shares | 111.4M shares | 93.2M shares |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.3
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents (includes restricted cash of $21.0 million and $16.0 million, respectively) | $503.4M | $507.3M | ||
| Mortgage loans at fair value | $9.9B | $9.5B | ||
| Derivative assets | $37.6M | $100.0M | ||
| Investment securities at fair value, pledged | $100.5M | $103.0M | ||
| Accounts receivable, net | $526.7M | $418.0M | ||
| Mortgage servicing rights | $4.1B | $4.0B | ||
| Premises and equipment, net | $180.2M | $146.2M | ||
| Operating lease right-of-use asset (includes $93.4 million and $92.6 million, respectively, with related parties) | $94.3M | $93.7M | ||
| Finance lease right-of-use asset, net (includes $20.7 million and $22.7 million, respectively, with related parties) | $21.2M | $23.2M | ||
| Loans eligible for repurchase from Ginnie Mae | $1.1B | $641.6M | ||
| Other assets | $324.9M | $151.8M | ||
| Total assets | $16.9B | $15.7B | ||
| Warehouse lines of credit | $8.9B | $8.7B | ||
| Derivative liabilities | $26.6M | $36.0M | ||
| Secured lines of credit | $1.2B | $500.0M | ||
| Borrowings against investment securities | $87.5M | $90.6M | ||
| Accounts payable, accrued expenses and other | $707.8M | $580.7M | ||
| Accrued distributions and dividends payable | $161.3M | $159.8M | ||
| Senior notes | $3.0B | $2.8B | ||
| Operating lease liability (includes $99.7 million and $99.2 million, respectively, with related parties) | $100.6M | $100.4M | ||
| Finance lease liability (includes $22.9 million and $24.6 million, respectively, with related parties) | $23.5M | $25.1M | ||
| Loans eligible for repurchase from Ginnie Mae | $1.1B | $641.6M | ||
| Total liabilities | $15.3B | $13.6B | ||
| Preferred stock, $0.0001 par value - 100,000,000 shares authorized, none issued and outstanding as of December 31, 2025 or December 31, 2024 | $0 | $0 | ||
| Additional paid-in capital | $9.9M | $3.5M | ||
| Retained earnings | $189.4M | $157.8M | ||
| Non-controlling interest | $1.4B | $1.9B | ||
| Total equity | $1.6B | $2.1B | $2.5B | $3.2B |
| Total liabilities and equity | $16.9B | $15.7B | ||
| Restricted cash | $21.0M | $16.0M | ||
| Preferred stock, par value (in usd per share) | $0.00 | $0.00 | ||
| Preferred stock, shares authorized | 100.0M shares | 100.0M shares | ||
| Preferred stock, shares issued | 0 shares | 0 shares | ||
| Preferred stock, shares outstanding | 0 shares | 0 shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents (includes restricted cash of $21.0 million and $16.0 million, respectively) | $503.4M | $507.3M | ||
| Mortgage loans at fair value | $9.9B | $9.5B | ||
| Derivative assets | $37.6M | $100.0M | ||
| Investment securities at fair value, pledged | $100.5M | $103.0M | ||
| Accounts receivable, net | $526.7M | $418.0M | ||
| Mortgage servicing rights | $4.1B | $4.0B | ||
| Premises and equipment, net | $180.2M | $146.2M | ||
| Operating lease right-of-use asset (includes $93.4 million and $92.6 million, respectively, with related parties) | $94.3M | $93.7M | ||
| Finance lease right-of-use asset, net (includes $20.7 million and $22.7 million, respectively, with related parties) | $21.2M | $23.2M | ||
| Loans eligible for repurchase from Ginnie Mae | $1.1B | $641.6M | ||
| Other assets | $324.9M | $151.8M | ||
| Total assets | $16.9B | $15.7B | ||
| Warehouse lines of credit | $8.9B | $8.7B | ||
| Derivative liabilities | $26.6M | $36.0M | ||
| Secured lines of credit | $1.2B | $500.0M | ||
| Borrowings against investment securities | $87.5M | $90.6M | ||
| Accounts payable, accrued expenses and other | $707.8M | $580.7M | ||
| Accrued distributions and dividends payable | $161.3M | $159.8M | ||
| Senior notes | $3.0B | $2.8B | ||
| Operating lease liability (includes $99.7 million and $99.2 million, respectively, with related parties) | $100.6M | $100.4M | ||
| Finance lease liability (includes $22.9 million and $24.6 million, respectively, with related parties) | $23.5M | $25.1M | ||
| Loans eligible for repurchase from Ginnie Mae | $1.1B | $641.6M | ||
| Total liabilities | $15.3B | $13.6B | ||
| Preferred stock, $0.0001 par value - 100,000,000 shares authorized, none issued and outstanding as of December 31, 2025 or December 31, 2024 | $0 | $0 | ||
| Additional paid-in capital | $9.9M | $3.5M | ||
| Retained earnings | $189.4M | $157.8M | ||
| Non-controlling interest | $1.4B | $1.9B | ||
| Total equity | $1.6B | $2.1B | $2.5B | $3.2B |
| Total liabilities and equity | $16.9B | $15.7B | ||
| Restricted cash | $21.0M | $16.0M | ||
| Preferred stock, par value (in usd per share) | $0.00 | $0.00 | ||
| Preferred stock, shares authorized | 100.0M shares | 100.0M shares | ||
| Preferred stock, shares issued | 0 shares | 0 shares | ||
| Preferred stock, shares outstanding | 0 shares | 0 shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 3 fiscal years, latest first.3
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net income (loss) | $244.0M | $329.4M | -$69.8M |
| Reserve for representations and warranties | $35.3M | $43.4M | $49.7M |
| Capitalization of mortgage servicing rights | -$3.6B | -$2.9B | -$2.3B |
| Change in fair value of mortgage servicing rights | $1.1B | $295.0M | $854.1M |
| Depreciation & amortization | $55.5M | $48.8M | $50.1M |
| Stock-based compensation expense | $50.4M | $24.6M | $13.8M |
| Increase in fair value of investment securities | -$4.8M | -$550.0K | -$4.5M |
| (Decrease) increase in fair value of warrants liability | -$2.7M | -$5.1M | $6.1M |
| Mortgage loans at fair value | -$416.2M | -$4.1B | $1.7B |
| Derivative assets | $62.4M | -$66.9M | $49.9M |
| Other assets | -$9.6M | $57.1M | -$169.3M |
| Derivative liabilities | -$9.4M | -$4.8M | -$9.0M |
| Other liabilities | -$60.5M | $35.9M | -$21.5M |
| Net cash (used in) provided by operating activities | -$2.6B | -$6.2B | $165.2M |
| Purchases of premises and equipment | -$74.0M | -$39.5M | -$26.4M |
| Net proceeds from sale of mortgage servicing rights | $2.4B | $2.7B | $1.8B |
| Proceeds from principal payments on investment securities | $7.3M | $7.9M | $7.4M |
| Margin calls on borrowings against investment securities | $2.6M | -$4.3M | $5.3M |
| Investment in private company equity securities | -$100.0M | $0 | $0 |
| Net cash provided by investing activities | $2.3B | $2.7B | $1.8B |
| Net borrowings (repayments) under warehouse lines of credit | $214.8M | $3.8B | -$1.5B |
| Repayments of finance lease liabilities | -$2.2M | -$5.6M | -$12.8M |
| Repayments under equipment notes payable | $0 | $0 | -$991.0K |
| Borrowings under secured lines of credit | $3.0B | $1.7B | $1.0B |
| Repayments under secured lines of credit | -$2.4B | -$1.9B | -$1.0B |
| Borrowings against investment securities | $350.3M | $369.8M | $166.1M |
| Repayments of borrowings against investment securities | -$353.5M | -$372.9M | -$173.6M |
| Proceeds from issuance of senior notes | $1.0B | $800.0M | $0 |
| Discount and direct issuance cost of senior notes | -$8.4M | -$7.0M | $0 |
| Repayments of senior notes | -$800.0M | $0 | $0 |
| Dividends paid to Class A common stockholders | -$78.6M | -$39.7M | -$37.2M |
| Member distributions paid to SFS Corp. | -$638.0M | -$714.0M | -$600.8M |
| Other financing activities | -$365.0K | -$909.0K | -$1.3M |
| Net cash provided by (used in) financing activities | $384.0M | $3.6B | -$2.2B |
| INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | -$4.0M | $9.9M | -$207.4M |
| Cash paid for interest | $496.2M | $477.0M | $341.1M |
| Cash paid (received) for taxes | $914.0K | $3.0M | -$56.0K |
No quarter-by-quarter statement was filed.
Corporate structure
UWM Holdings sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of UWM Holdings
- OCO Capital GP LLC Filed SCHEDULE 13G on UWM Holdings, latest Sep 29, 2026
- NORGES BANK Filed SCHEDULE 13G/A on UWM Holdings, latest Aug 12, 2026 (2 filings since May 11, 2026)
- Goldman Sachs Filed SCHEDULE 13G on UWM Holdings, latest Aug 10, 2026
- SFS HOLDING CORP Filed SCHEDULE 13D/A on UWM Holdings, latest Aug 10, 2026 (12 filings since Mar 19, 2025)
- FMR LLC Filed SCHEDULE 13G/A on UWM Holdings, latest May 6, 2026 (7 filings since Feb 9, 2023)
- VANGUARD GROUP INC Filed SCHEDULE 13G/A on UWM Holdings, latest Mar 27, 2026 (7 filings since Feb 10, 2022)
- BRANDES INVESTMENT PARTNERS, LP Filed SCHEDULE 13G/A on UWM Holdings, latest Nov 13, 2025 (3 filings since May 14, 2025)
- PLATINUM EQUITY, LLC Filed SCHEDULE 13G/A on UWM Holdings, latest Nov 13, 2025 (2 filings since Feb 13, 2024)
- CITADEL ADVISORS LLC Filed SCHEDULE 13G/A on UWM Holdings, latest Aug 14, 2025 (4 filings since Sep 27, 2024)
- INTEGRATED CORE STRATEGIES (US) LLC Filed SCHEDULE 13G/A on UWM Holdings, latest Aug 1, 2025 (3 filings since Feb 11, 2025)
- Garvin Family Sports, L.L.C. Filed SCHEDULE 13G/A on UWM Holdings, latest Apr 4, 2025 (22 filings since Oct 16, 2024)
- Lynne M. Carlson Filed SCHEDULE 13G on UWM Holdings, latest Mar 18, 2025
- UWM Holdings Pontiac, Michigan
Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What UWM Holdings reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Accumulated depreciation | $177.6M3 Dec 31, 2025 | $145.7M3 Dec 31, 2024 | +21.8% |
| Property and equipment, net | $180.2M3 Dec 31, 2025 | $146.2M3 Dec 31, 2024 | +23.3% |
| Finance-lease assets | $21.2M3 Dec 31, 2025 | $23.2M3 Dec 31, 2024 | −8.4% |
| Operating-lease assets (leased space) | $94.3M3 Dec 31, 2025 | $93.7M3 Dec 31, 2024 | +0.6% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $503.4M3 Dec 31, 2025 | $507.3M3 Dec 31, 2024 | −0.8% |
Properties, in its own words
Our corporate headquarters, located in Pontiac, Michigan, is comprised of leased buildings with approximately 1.5 million square feet of occupied space, that house substantially all of our operations. In addition, we have two land leases, one providing parking space for our team members and the other providing an outdoor food court pavilion. We lease the space from entities controlled by Mat Ishbia, our CEO, and Jeff Ishbia, a director and our founder. We believe that our corporate headquarters is suitable and adequate to meet the needs of our business.
Item 2 of the 10-K filed Feb 25, 2026.5
Leadership
Who has led UWM Holdings, and when. Pick a name to see everywhere that person has worked.
Chief executive
President
Chief financial officer
Chief operating officer
2025
- Chief executive officerIshbia Mat Feb 1, 2021 to now15
- PresidentIshbia Mat Feb 1, 2021 to now15
- Chief financial officerRami Hasani Apr 7, 2025 to now16
- Chief financial officerAndrew Hubacker Feb 8, 2023 to Apr 7, 202517
- Chief financial officerTim Forrester Feb 1, 2021 to Feb 3, 202218
- Chief financial officerAndrew McBride Jan 23, 2020 to Jan 25, 202119
- Chief operating officerMelinda Wilner Feb 1, 2021 to now20
Board members and other officers (18)
- EVP, Chief Strategy OfficerAlex Elezaj Feb 1, 2021 to now21
- CAOAndrew Hubacker Feb 1, 2021 to Feb 3, 202322
- EVP, Chief People OfficerLaura Lawson Feb 1, 2021 to now23
- Board memberNicholas Daniel Basso Aug 12, 2026 to now24
- Board memberStacey Coopes Jul 13, 2023 to Nov 4, 202425
- Board memberAlex Elezaj Feb 1, 2021 to now21
- Board memberIshbia Mat Feb 1, 2021 to now15
- Board memberIsiah Thomas Iii. Feb 1, 2021 to Nov 4, 202426
- Board memberJeff Ishbia Feb 1, 2021 to Feb 1, 202127
- Board memberJustin Ishbia Feb 1, 2021 to Nov 4, 202428
- Board memberKelly Czubak Feb 1, 2021 to Nov 4, 202429
- Board memberLaura Lawson Feb 1, 2021 to now23
- Board memberMelinda Wilner Feb 1, 2021 to now20
- Board memberRobert Verdun Feb 1, 2021 to Nov 4, 202430
- Board memberJeffrey Gene Rea Jan 23, 2020 to Jan 25, 202131
- Board memberRandy Bort Jan 23, 2020 to Jan 25, 202132
- Board memberWilliam B. Patton Jr. Jan 23, 2020 to Jan 25, 202133
- General counselAdam A. Wolfe Feb 20, 2025 to now34
Former names
- Gores Holdings IV, Inc.Jul 31, 2019 to Jan 21, 20214
Timeline
- Oct 5, 20268-K Other events35
- Oct 1, 20268-K Other events36
- Aug 6, 20268-K Entered a material agreement; Results of operations; Unregistered sale of shares37
- Jun 3, 20268-K Shareholder vote38
- May 13, 20268-K Regulation FD disclosure39
- May 12, 20268-K Regulation FD disclosure40
- May 11, 20268-K Regulation FD disclosure41
- May 6, 20268-K Results of operations; Regulation FD disclosure42
- May 4, 20268-K Regulation FD disclosure43
- May 1, 20268-K Regulation FD disclosure44
- Mar 16, 20268-K Other events45
- Mar 11, 20268-K Regulation FD disclosure46
- Feb 1, 2021New chief executive Ishbia Mat becomes CEO15
Calendar
Coming up
- Nov 5, 2026Reports results for the quarter ending Sep/2026 A year earlier it reported $0.01 a share, on Nov 6, 2025.47
When it reported results
- Aug 6, 2026Reported quarterly or annual results37
- May 6, 2026Reported quarterly or annual results42
- Feb 25, 2026Reported quarterly or annual results48
- Nov 6, 2025Reported quarterly or annual results49
- Aug 7, 2025Reported quarterly or annual results50
- May 6, 2025Reported quarterly or annual results51
- Feb 26, 2025Reported quarterly or annual results52
- Nov 7, 2024Reported quarterly or annual results53
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
392 filings to the SEC since October 2021: 6 annual reports, 15 quarterly reports, 54 major events, 185 insider forms, 80 large holders, 52 other. The latest 20:
- Oct 5, 20268-K EDGAR
- Oct 1, 20268-K EDGAR
- Oct 1, 2026424B7 EDGAR
- Sep 29, 2026424B5 EDGAR
- Sep 29, 2026SCHEDULE 13G EDGAR
- Sep 23, 2026FWP EDGAR
- Sep 14, 2026DEF 14C EDGAR
- Sep 2, 20264 EDGAR
- Sep 2, 2026PRE 14C EDGAR
- Aug 31, 20264 EDGAR
- Aug 12, 20263 EDGAR
- Aug 12, 2026SCHEDULE 13G/A EDGAR
- Aug 10, 2026SCHEDULE 13D/A EDGAR
- Aug 10, 2026SCHEDULE 13G EDGAR
- Aug 7, 20264 EDGAR
- Aug 7, 202610-Q EDGAR
- Aug 6, 20268-K EDGAR
- Aug 5, 2026S-3ASR EDGAR
- Aug 4, 20264 EDGAR
- Jun 3, 20268-K 8-K ANNUAL MEETING RESULTS EDGAR
The 392 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
235 open-market trades by officers, directors and large owners since October 2021: 3 buys and 232 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| May 8, 2026 | Mat IshbiaPresident and CEO | Sale | 1,003,333 | $3.39 | $3.4M | Form 4 |
| May 7, 2026 | Mat IshbiaPresident and CEO | Sale | 1,003,333 | $3.39 | $3.4M | Form 4 |
| May 6, 2026 | SFS HOLDING CORP10% owner | Sale | 1,003,333 | $3.66 | $3.7M | Form 4 |
| May 5, 2026 | SFS HOLDING CORP10% owner | Sale | 1,003,333 | $3.45 | $3.5M | Form 4 |
| May 4, 2026 | SFS HOLDING CORP10% owner | Sale | 1,003,333 | $3.57 | $3.6M | Form 4 |
| May 1, 2026 | SFS HOLDING CORP10% owner | Sale | 1,001,024 | $3.62 | $3.6M | Form 4 |
| Apr 30, 2026 | SFS HOLDING CORP10% owner | Sale | 934,061 | $3.53 | $3.3M | Form 4 |
| Apr 29, 2026 | Mat IshbiaPresident and CEO | Sale | 1,000,574 | $3.50 | $3.5M | Form 4 |
| Apr 28, 2026 | Mat IshbiaPresident and CEO | Sale | 986,644 | $3.66 | $3.6M | Form 4 |
| Apr 27, 2026 | Mat IshbiaPresident and CEO | Sale | 1,000,574 | $3.78 | $3.8M | Form 4 |
| Apr 24, 2026 | Mat IshbiaPresident and CEO | Sale | 1,000,574 | $3.75 | $3.8M | Form 4 |
| Apr 23, 2026 | Mat IshbiaPresident and CEO | Sale | 1,000,574 | $3.65 | $3.7M | Form 4 |
| Apr 22, 2026 | Mat IshbiaPresident and CEO | Sale | 1,000,574 | $3.70 | $3.7M | Form 4 |
| Apr 21, 2026 | Mat IshbiaPresident and CEO | Sale | 1,000,574 | $3.82 | $3.8M | Form 4 |
| Apr 20, 2026 | SFS HOLDING CORP10% owner | Sale | 1,000,574 | $3.94 | $3.9M | Form 4 |
| Apr 17, 2026 | SFS HOLDING CORP10% owner | Sale | 1,000,574 | $3.93 | $3.9M | Form 4 |
| Apr 16, 2026 | SFS HOLDING CORP10% owner | Sale | 1,000,574 | $3.76 | $3.8M | Form 4 |
| Apr 15, 2026 | Mat IshbiaPresident and CEO | Sale | 1,000,574 | $3.78 | $3.8M | Form 4 |
| Apr 14, 2026 | Mat IshbiaPresident and CEO | Sale | 1,000,574 | $3.71 | $3.7M | Form 4 |
| Apr 13, 2026 | SFS HOLDING CORP10% owner | Sale | 1,000,574 | $3.66 | $3.7M | Form 4 |
All 235 trades can be filtered by person here when JavaScript is on.
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- OCO Capital GP LLCSCHEDULE 13G, 1 filing Sep 29, 202654
- NORGES BANKSCHEDULE 13G/A, 2 filings May 11, 2026 to Aug 12, 202655
- Goldman SachsSCHEDULE 13G, 1 filing Aug 10, 202656
- SFS HOLDING CORPSCHEDULE 13D/A, 12 filings Mar 19, 2025 to Aug 10, 202657
- FMR LLCSCHEDULE 13G/A, 7 filings Feb 9, 2023 to May 6, 202658
- VANGUARD GROUP INCSCHEDULE 13G/A, 7 filings Feb 10, 2022 to Mar 27, 202659
- BRANDES INVESTMENT PARTNERS, LPSCHEDULE 13G/A, 3 filings May 14, 2025 to Nov 13, 202560
- PLATINUM EQUITY, LLCSCHEDULE 13G/A, 2 filings Feb 13, 2024 to Nov 13, 202561
- CITADEL ADVISORS LLCSCHEDULE 13G/A, 4 filings Sep 27, 2024 to Aug 14, 202562
- INTEGRATED CORE STRATEGIES (US) LLCSCHEDULE 13G/A, 3 filings Feb 11, 2025 to Aug 1, 202563
- Garvin Family Sports, L.L.C.SCHEDULE 13G/A, 22 filings Oct 16, 2024 to Apr 4, 202564
- Lynne M. CarlsonSCHEDULE 13G, 1 filing Mar 18, 202565
- BlackRockSCHEDULE 13G/A, 3 filings Oct 18, 2024 to Feb 5, 202566
- Ishbia MatSC 13D/A, 4 filings Sep 4, 2024 to Oct 15, 202467
- JRL Loyal TrustSC 13G, 1 filing Oct 15, 202468
- Hilton Family Sports Limited PartnershipSC 13G/A, 2 filings Oct 3, 2024 to Oct 4, 202469
- Rogers Holdings, LLPSC 13G, 1 filing Oct 3, 202470
- Rogers Real Estate Holdings, L.L.C.SC 13G, 1 filing Oct 3, 202471
- AEG Holdings, LLCSC 13G/A, 2 filings Feb 11, 2022 to Jan 31, 202372
- SUSQUEHANNA SECURITIES, LLCSC 13G/A, 1 filing Feb 14, 202273
Executive pay
What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.
| Year | Executive | Age | Salary | Total pay |
|---|---|---|---|---|
| 2025 | Mat IshbiaChief Executive Officer | 46 | $600.0K | $10.0M74 |
| 2025 | Melinda WilnerEVP, Chief Operating Officer | 50 | $428.0K | $9.7M74 |
| 2025 | Alex ElezajEVP, Chief Strategy Officer | 49 | $393.0K | $9.6M74 |
| 2025 | Laura LawsonEVP, Chief People Officer | 49 | $319.0K | $1.4M74 |
| 2025 | Rami HasaniEVP, Chief Financial Officer | 45 | $321.0K | $1.3M74 |
| 2025 | Andrew HubackerFormer EVP, Chief Financial Officer & Chief Accounting Officer | $380.0K | $759.5K74 | |
| 2024 | Mat IshbiaChief Executive Officer | 46 | $600.0K | $13.2M74 |
| 2024 | Melinda WilnerEVP, Chief Operating Officer | 50 | $413.0K | $7.7M74 |
| 2024 | Alex ElezajEVP, Chief Strategy Officer | 49 | $379.0K | $6.9M74 |
| 2024 | Laura LawsonEVP, Chief People Officer | 49 | $311.0K | $5.4M74 |
| 2024 | Andrew HubackerFormer EVP, Chief Financial Officer & Chief Accounting Officer | $379.0K | $3.2M74 | |
| 2023 | Mat IshbiaChief Executive Officer | 46 | $600.0K | $12.2M74 |
| 2023 | Melinda WilnerEVP, Chief Operating Officer | 50 | $399.0K | $2.9M74 |
| 2023 | Alex ElezajEVP, Chief Strategy Officer | 49 | $369.0K | $2.8M74 |
| 2023 | Laura LawsonEVP, Chief People Officer | 49 | $299.0K | $1.8M74 |
| 2023 | Andrew HubackerFormer EVP, Chief Financial Officer & Chief Accounting Officer | $359.0K | $1.2M74 |
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.
| Fund | Shares | Value | Share of the fund | Change |
|---|---|---|---|---|
| Fmr LLC | 30,457,810 | $69.7M | 0.0% | +3,949,548 |
| BlackRock, Inc. | 17,581,973 | $40.3M | 0.0% | +4,981,220 |
| Vanguard Portfolio Management LLC | 13,861,844 | $31.7M | 0.0% | +4,265,025 |
| Norges Bank | 13,750,000 | $31.5M | 0.0% | New |
| Vanguard Capital Management LLC | 13,174,409 | $30.2M | 0.0% | +2,039,143 |
| Ameriprise Financial Inc | 11,422,221 | $26.2M | 0.0% | New |
| Goldman Sachs Group Inc | 10,126,852 | $23.2M | 0.0% | +3,997,989 |
| Bank Of America Corp /de/ | 7,634,328 | $17.5M | 0.0% | +664,519 |
| Citadel Advisors LLC | 7,011,042 | $16.1M | 0.0% | +2,826,918 |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 6,725,165 | $15.4M | 0.0% | New |
| Freestone Grove Partners LP | 6,488,779 | $14.9M | 0.1% | −3,270,347 |
| Northern Trust Corp | 5,800,878 | $13.3M | 0.0% | −1,104,308 |
| Integrated Investment Consultants, LLC | 5,382,453 | $12.3M | 2.4% | +10,789 |
| Geode Capital Management, LLC | 5,348,788 | $12.3M | 0.0% | +1,107,158 |
| State Street Corp | 5,019,364 | $11.9M | 0.0% | +1,453,726 |
| Owl Creek Asset Management, L.P. | 4,911,463 | $11.2M | 1.0% | New |
| Invesco Ltd. | 4,871,588 | $11.2M | 0.0% | +2,481,939 |
| Morgan Stanley | 4,805,724 | $11.0M | 0.0% | +794,049 |
| Canada Pension Plan Investment Board | 4,518,400 | $10.3M | 0.0% | +930,200 |
| Aqr Capital Management LLC | 4,368,394 | $9.5M | 0.0% | +1,484,749 |
| Renaissance Technologies LLC | 4,106,460 | $9.4M | 0.0% | +568,960 |
| Platinum Equity, LLC | 2,990,201 | $6.8M | 21.4% | No change |
| Canyon Capital Advisors LLC | 2,531,196 | $5.8M | 0.7% | New |
| Dimensional Fund Advisors LP | 2,522,552 | $5.8M | 0.0% | +2,375,728 |
| Susquehanna International Group, Llp | 2,461,482 | $5.6M | 0.0% | +150,697 |
13F reports cover disclosed long positions in U.S. stocks only.
SEC filer profile
How UWM Holdings is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARUWM Holdings Corp2
- CIK0001783398
- Employer ID (EIN)84-21241675
- Filer statusLarge accelerated filer not an emerging growth company; not a smaller reporting company; not a shell company5
- Incorporated inDelaware5
- Fiscal year endsDecember 312
- Industry code (SIC)6162 Mortgage Bankers & Loan Correspondents2
- SEC reviewing officeOffice of Finance, Division of Corporation Finance2
- Business address585 South Blvd E, Pontiac, MI 483412
- Phone800-981-88982
- Shares outstanding294,864,131 Common Class A shares; 1,305,082,620 Common Class D shares as of Feb 23, 20265
- Public float$828.7M as of Jun 30, 20255
- AuditorDeloitte & Touche LLP, Detroit, Michigan PCAOB ID 34; it also attests to the company’s internal control over financial reporting5
- On EDGAR sinceJul 31, 20192
- Filings524 in all: 4 (199), 8-K (72), SCHEDULE 13G/A (29), 3 (22), 10-Q (20), SC 13G/A (20), SC 13G (16), DEFA14A (12)2
All 50 form types
SCHEDULE 13D/A (12), DFAN14A (11), 424B3 (9), CORRESP (9), EFFECT (8), UPLOAD (8), 10-K (7), POS AM (7), SCHEDULE 13G (7), DEF 14A (5), 144 (4), ARS (4), SC 13D/A (4), 8-K/A (3), S-1 (3), 425 (2), 8-A12B (2), CERT (2), DRS (2), DRS/A (2), S-1/A (2), 10-K/A (1), 25 (1), 25-NSE (1), 4/A (1), 424B4 (1), 424B5 (1), 424B7 (1), DEF 14C (1), DEFC14A (1), DEFM14A (1), DEFR14A (1), DRSLTR (1), FWP (1), PRE 14C (1), PREC14A (1), PREM14A (1), PRER14A (1), S-3ASR (1), S-4 (1), S-8 (1), SC 13D (1)
- Latest filingsAnnual report (10-K) Feb 25, 2026
Quarterly report (10-Q) Aug 7, 2026
Proxy statement (DEF 14A) Apr 24, 2026
Latest 8-K (8-K) Oct 5, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Class A Common Stock, par value $0.0001 per share | UWMC | New York Stock Exchange |
From the cover page of the 10-K filed Feb 25, 2026 (Section 12(b) of the Exchange Act).5
Risk factors and legal proceedings
The risks UWM Holdings names in Item 1A of its 10-K filed Feb 25, 2026: 52 risks under these headings, as written.5
- Risks Related to Our Business
- Our loan origination volume is highly dependent on macroeconomic and U.S. residential real estate market conditions which is outside of our control.
- Volatility from changes in prevailing interest rates can adversely affect the value of our MSR portfolio and servicing revenue and changes in the value, or inaccuracies in the estimates of their value, could adversely affect our financial condition and liquidity.
- We face intense competition that could adversely affect our business.
- Our business is highly dependent on Fannie Mae and Freddie Mac and certain U.S. government agencies, and any changes in these entities or their current roles could be detrimental to our business.
- Changes in the GSEs, FHA, VA, and USDA guidelines or GSE and Ginnie Mae guarantees could adversely affect our business.
- If the mortgage loans originated and sold by us do not comply with the guidelines established by the GSEs, Ginnie Mae or private investors to whom they are sold, we are required to repurchase or substitute these loans or indemnify for related losses.
- Our business is dependent on our ability to maintain and expand our relationships with our clients, the Independent Mortgage Brokers.
- Our acquisition of Two Harbors may not be consummated and we may incur significant time and expenses to consummate this strategic acquisition.
- We may fail to realize all of the anticipated benefits of the Merger, or those benefits may take longer to realize than expected.
- Our transition to in-house servicing operations for our MSR portfolio and the commencement of serving as a subservicer for third party owned MSRs may expose us to new and additional risks.
- All of our mortgage loans are initiated by third parties, which exposes us to business, competitive and underwriting risks.
The other 41 risks
- Our products rely on software and services from third-party vendors and if any of these services became unavailable or unreliable, it could adversely affect the quality and timeliness of our mortgage origination process.
- The conduct of the Independent Mortgage Brokers through whom we originate mortgage loans could subject us to fines or other penalties.
- The mortgage industry can be very cyclical, with loan origination volumes varying materially based on macroeconomic conditions. If we are unable to effectively manage our team members during periods of volatility, it could adversely affect our current business operations and our growth.
- We may not be able to detect or prevent cyberattacks and other data and security breaches, which could adversely affect our business and subject us to liability to third parties.
- Technology disruptions or failures, including a failure in our operational or security systems or infrastructure, or those of third parties with whom we do business, could disrupt our business, cause legal or reputational harm and adversely impact our results of operations and financial condition.
- The development, proliferation and use of AI could give rise to legal and/or regulatory action, damage our reputation or otherwise materially harm our business.
- We could be adversely affected if we do not adequately obtain, maintain, protect and enforce our intellectual property and proprietary rights and may encounter disputes from time to time relating to our use of the intellectual property of third parties.
- Loss of our key management could result in a material adverse effect on our business.
- We rely on a third party sub-servicer who services all the mortgage loans for which we hold MSRs, and our financial performance may be adversely affected by its inability to adequately perform its servicing functions.
- We are required to make servicing advances that can be subject to delays in recovery or may not be recoverable in certain circumstances and could have a material adverse effect on our cash flows, business and financial condition.
- The success and growth of our business will depend upon our ability to be a leader in technological innovation in our industry.
- Fraud could result in significant financial losses and harm to our reputation.
- Our counterparties may terminate our servicing rights, which could have a material adverse effect on our revenues.
- If we cannot maintain our corporate culture, we could lose the innovation, collaboration and focus on the mission that contributes to our business.
- Substantially all of our operations are housed on one campus, and if the facilities are damaged or rendered inoperable by natural or man-made disasters, our business may be negatively impacted.
- Risks Related to our Financing
- We rely on our warehouse facilities, structured as repurchase agreements, to finance our loan originations. These instruments are short-term and subject us to various risks different from other types of credit facilities.
- We depend on our ability to sell loans and MSRs in the secondary market to fund our operations.
- A substantial portion of our assets are measured at fair value, and if our estimates with respect to the determination of the fair value of those assets prove to be incorrect, we may be required to write down the value of such assets, which could adversely affect our earnings, financial condition and liquidity.
- Our financing arrangements subject us to risk in volatile interest rate environments.
- Our hedging strategies may not be successful in mitigating our risks associated with changes in interest rates.
- Our rights under our repurchase agreements may be subject to the effects of bankruptcy laws in the event of the bankruptcy or insolvency of us or our lenders under the repurchase agreements, which may allow our lenders to repudiate our repurchase agreements.
- Our financing arrangements contain certain financial and restrictive covenants that limit our ability to operate our business.
- Risks Related to our Regulatory Environment
- We operate in a heavily regulated industry, and our mortgage loan origination and servicing activities expose us to risks of noncompliance with an increasing and inconsistent body of complex laws and regulations at the U.S. federal, state and local levels.
- Changes in regulatory capital, liquidity, and net worth requirements applicable to non-bank mortgage companies could materially affect our ability to operate and grow our business.
- The CFPB has traditionally been active in its monitoring of the loan origination and servicing sectors, and to the extent that it continues its path of regulation and examination it will impact our regulatory compliance burden and associated costs.
- The state regulatory agencies, GSEs and others continue to be active in their supervision of the loan origination and servicing sectors and the results of these examinations may be detrimental to our business.
- If we do not obtain and maintain the appropriate state licenses, we will not be allowed to originate or service loans in some states, which would adversely affect our operations.
- If new laws and regulations lengthen foreclosure times or introduce new regulatory requirements regarding foreclosure procedures, our operating costs could increase and we could be subject to regulatory action.
- Our servicing policies and procedures are subject to examination by our regulators, and the results of these examinations may be detrimental to our business.
- From time to time, we are subject to various legal actions that if decided adversely, could be detrimental to our business.
- We are subject to various consumer protection regulatory regimes which expose us to liability directly from consumers.
- Accounting rules for certain of our transactions are highly complex and involve significant judgment and assumptions. Changes in accounting interpretations or assumptions could impact our financial statements.
- Risks Associated with Our Corporate Structure and our Capital Structure
- In certain circumstances, Holdings LLC will be required to make distributions to us and SFS Corp. and the distributions that Holdings LLC will be required to make may be substantial and in excess of our tax liabilities and obligations under the tax receivable agreement. To the extent we do not distribute such excess cash, SFS Corp. would benefit from any value attributable to such cash balances as a result of their ownership of Class B common stock (or Class A common stock, as applicable) following an exchange of Holdings LLC Common Units and the stapled shares of Common Stock.
- We are required to pay SFS Corp. for certain tax benefits we may claim, and the amounts we may pay could be significant.
- We are controlled by SFS Corp., whose interests may conflict with our interests and the interests of other stockholders.
- Resales of the outstanding shares of Class A common stock, future issuances of Class A common stock or shares issuable upon an Exchange Transaction could depress the market price of our Class A common stock or result in dilution.
- As a “controlled company” within the meaning of NYSE listing rules, we qualify for exemptions from certain corporate governance requirements. We have the opportunity to elect any of the exemptions afforded a controlled company.
- Anti-takeover provisions contained in our Charter and Amended and Restated Bylaws, as well as provisions of Delaware law, could impair a takeover attempt.
- Our Charter contains a provision renouncing our interest and expectancy in certain corporate opportunities.
- The provision of our Charter requiring exclusive forum in the state courts in the State of Michigan or the State of Delaware for certain types of lawsuits may have the effect of discouraging lawsuits against our directors and officers.
- General Risk Factors
- Unanticipated changes in effective tax rates or adverse outcomes resulting from examination of our income or other tax returns could adversely affect our financial condition and results of operations.
Legal proceedings
We operate in a heavily regulated industry that is highly sensitive to consumer protection, and we are subject to numerous federal, state and local laws. We are routinely involved in consumer complaints, regulatory actions and legal proceedings in the ordinary course of our business. We also, from time to time, initiate legal proceedings against parties from which we believe we have a contractual or other recourse. We are also routinely involved in state regulatory audits and examinations, and occasionally involved in other governmental proceedings arising in connection with our respective business. The resolution of these matters, including the matters specifically described below, is not currently expected to have a material adverse effect on our financial position, financial performance or cash flows.
The opening of Item 3, Legal Proceedings.5
Links
- Websitewww.uwm.com1
- X (Twitter)x.com/UWMlending1
- Instagramwww.instagram.com/uwmlending1
- YouTubewww.youtube.com/channel/UCoEosGADHJZ1e-c4sGJb7dw1
- WikidataQ106024170
- SEC EDGARCIK 1783398
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1WikidataUWM Holdings on Wikidata
- 2SEC EDGARUWM Holdings filings on SEC EDGAR
- 3SEC EDGARUWM Holdings 10-K for fiscal 2025
- 4SEC EDGARUWM Holdings filings on SEC EDGAR
- 5
- 6SEC EDGARUWM Holdings 10-K for fiscal 2019
- 7SEC EDGARUWM Holdings 10-K for fiscal 2020
- 8SEC EDGARUWM Holdings 10-K for fiscal 2021
- 9SEC EDGARUWM Holdings 10-K for fiscal 2022
- 10SEC EDGARUWM Holdings 10-K for fiscal 2020
- 11SEC EDGARUWM Holdings 10-Q for fiscal 2025
- 12SEC EDGARUWM Holdings 10-Q for fiscal 2025
- 13SEC EDGARUWM Holdings 10-Q for fiscal 2026
- 14SEC EDGARUWM Holdings 10-Q for fiscal 2025
- 15SEC EDGARIshbia Mat, Chief executive officer
- 16SEC EDGARRami Hasani, Chief financial officer
- 17
- 18
- 19
- 20
- 21
- 22SEC EDGARAndrew Hubacker, CAO
- 23
- 24SEC EDGARNicholas Daniel Basso, Board member
- 25SEC EDGARStacey Coopes, Board member
- 26SEC EDGARIsiah Thomas Iii., Board member
- 27SEC EDGARJeff Ishbia, Board member
- 28SEC EDGARJustin Ishbia, Board member
- 29SEC EDGARKelly Czubak, Board member
- 30SEC EDGARRobert Verdun, Board member
- 31SEC EDGARJeffrey Gene Rea, Board member
- 32SEC EDGARRandy Bort, Board member
- 33SEC EDGARWilliam B. Patton Jr., Board member
- 34SEC EDGARAdam A. Wolfe, General counsel
- 35SEC EDGAROther events
- 36SEC EDGAROther events
- 37
- 38SEC EDGARShareholder vote
- 39SEC EDGARRegulation FD disclosure
- 40SEC EDGARRegulation FD disclosure
- 41SEC EDGARRegulation FD disclosure
- 42
- 43SEC EDGARRegulation FD disclosure
- 44SEC EDGARRegulation FD disclosure
- 45SEC EDGAROther events
- 46SEC EDGARRegulation FD disclosure
- 47NasdaqNasdaq calendar
- 48
- 49
- 50
- 51
- 52
- 53
- 54
- 55
- 56
- 57
- 58
- 59
- 60
- 61
- 62
- 63
- 64
- 65
- 66
- 67SEC EDGARIshbia Mat SC 13D/A on UWM Holdings
- 68
- 69
- 70
- 71
- 72
- 73
- 74