United Parcel Service, Inc.

The full register, from 13F filings

The Register tab above is hand research: a dozen holders, each traced to the filing it came from. This asks the same question of the whole market for the quarter ended 31-mar-2026, where 2,068 managers reported a position. Broad where the research is deep, and shallow in the ways a 13F always is.

Built from 13F filings, which report US listed, long, US custodied positions only. A register from this source is a floor rather than a level: a holder's true position can be far larger, as BlackRock's ASML stake shows at 1.28m shares in a 13F against 26.3m in its 13G/A. Holdings held through derivatives, outside US custody, or below a manager's reporting obligation do not appear. Where a holder is marked as a family, its total sums several separate filing entities and describes something no single filing describes; the constituent entities and their share counts are listed so the total can be checked. That roll-up can legitimately exceed the family's own Schedule 13G, because a 13G is filed by one legal entity: Vanguard reports Alphabet through ten advisory entities, and The Vanguard Group Inc itself reported zero after its January 2026 disaggregation.

What a reader needs to know to read these numbers

• UPS has a dual-class structure: Class A common stock (10 votes per share, not publicly traded, held by current and former employees, largely through the UPS 401(k) Savings Plan's UPS Stock Fund, plus some held directly) and Class B common stock (1 vote per share, the NYSE-listed line, ticker UPS). As of 17 July 2026 (the 10-Q cover date, the most current count available): 101,432,177 Class A shares and 749,349,405 Class B shares, 850,781,582 total. Source: https://www.sec.gov/Archives/edgar/data/1090727/000162828026053249/ups-20260630.htm
• shares_outstanding (850,781,582) is the sum of both classes as of 17 Jul 2026. Register rows against 13F filings use the Class B count only as denominator, since a 13F filer holding 'UPS' (CUSIP 911312106) holds Class B; register rows sourced to the proxy or the 401(k) plan's 11-K use the combined two-class total or single-class totals as stated in each row's pct_denominator, per the brief's requirement not to conflate the two.
• UPS does not file Form 13F. Its EDGAR filing history under CIK 0001090727 (submissions JSON, checked 17 August 2026) contains no 13F-HR or 13F-NT of any vintage, consistent with UPS not acting as an institutional investment manager on behalf of clients.
• UPS's holdings list is empty and that is the sourced finding, not a gap. The FY2025 Form 10-K (period ended 31 Dec 2025, filed 17 Feb 2026) and the Q2 2026 Form 10-Q (period ended 30 Jun 2026, filed 5 Aug 2026) were both searched for 'equity method', 'joint venture', 'measurement alternative', 'non-marketable', 'unrealized gain' and 'noncontrolling'. The 10-K discloses combined balances only, with no investee named: equity-method investments carried at $254 million (2025) and $304 million (2024) combined, plus $46 million (2025) and $42 million (2024) of 'other equity securities' held under the ASC 321 measurement alternative, combined. Per the brief, a combined balance covering several investees sizes none of them, so no individual holding is recorded; these combined figures are the finding.
• The 10-K and 10-Q both mention a 2025 impairment charge of $19 million against 'an equity method investment' without naming the investee; a Q2 2025 10-Q text snippet (not independently re-fetched in this task, seen via search summary) referenced UPS selling an equity-method investment carrying $31 million for a promissory note, also unnamed. Neither figure is attributable to a specific company and is not recorded as a holding.
• Roadie (crowdsourced same-day delivery) and UPS Capital are described in the 10-K as UPS's own operating businesses within Supply Chain Solutions, not equity-method investees; UPS acquired Roadie outright in 2021 after first backing it through the UPS Strategic Enterprise Fund, so it is a wholly owned subsidiary and excluded per the brief. Bomi Group, MNX Global Logistics, Happy Returns and Andlauer Healthcare Group are likewise wholly owned acquisitions and excluded.
• UPS Strategic Enterprise Fund (UPS's corporate venture arm) is reported by third-party trackers (PitchBook, Tracxn, CB Insights) to hold minority stakes in logistics and healthcare-logistics startups, but none of these are SEC filings and none disclose a UPS-verifiable share count, percentage or carrying value tied to a named investee, so nothing from them is recorded here per the brief's sourcing standard.
• Vanguard's UPS position moved between reporting entities in 2026: the parent 'Vanguard Group, Inc.' (CIK 0000102909) filed 13F-NT (no holdings) for the quarters ended 31 Mar 2026 and 30 Jun 2026 and a 13G/A on 27 Mar 2026 showing 0 shares now that the position is disaggregated to a subsidiary; the register instead uses the newly separate 'Vanguard Capital Management' entity's 13G filed 30 Apr 2026, reporting 55,681,378 Class B shares (7.46 percent) as of the 31 Mar 2026 event date. Vanguard's stale Q4 2025 13F-HR (68,496,420 Class B shares, as of 2025-12-31) is not used because a fresher, more specific figure exists.
• The 19 March 2026 DEF 14A proxy's own 5-percent-holder table (based on older 13G/A filings from Apr 2025 and Feb 2024) shows BlackRock at 44,732,830 Class B shares (6.0 percent) and Vanguard at 67,218,177 Class B shares (9.0 percent), both materially different from the fresher 13F and 13G figures used in the register. This is a timing discrepancy, not a data error: the proxy's table was already stale on the day it was filed, since it relies on the last Schedule 13G/A on record rather than the newer quarterly 13F.
• The founder-descendant framing in the research brief is UPS's historical narrative more than a current disclosed fact: the 2026 proxy attributes founder Jim Casey with instilling an employee-ownership culture, but states plainly that Class A shares 'are held by current and former employees' generally, are 'not publicly traded,' and that all directors and executive officers as a group hold less than 1.5 percent of total voting power. No named founder-family trust or descendant holder is disclosed at any threshold in this proxy; the UPS 401(k) Savings Plan's UPS Stock Fund (recorded above) is the identifiable large employee-ownership vehicle.
• Market capitalisation of $88.91 billion is the figure published on the source page as of 14 August 2026. Cross-check: 850,781,582 shares (both classes) at that date's closing price of roughly $104.5 implies approximately $88.9 billion, consistent.
• All Q2 2026 (30 Jun 2026) 13F share counts and values are the managers' own reported figures, filed within the 45-day post-quarter deadline (all filed 7-13 August 2026).