Stone Ridge Trust V

CUSIP No. 91680M107

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13G

(Rule 13d-102)

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT

TO RULES 13d-1(b),(c) AND (d) AND AMENDMENTS THERETO FILED

PURSUANT TO RULE 13d-2(b)

(Amendment No. 1)1

Upstart Holdings, Inc.

 

(Name of Issuer)

Common Stock, $0.0001 par value

 

(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:

[    ] Rule 13d-1(b)

[    ] Rule 13d-1(c)

[X] 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 disclosures provided in a prior cover page. The information required on 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 or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act.

 

1


CUSIP No. 91680M107

 

  1.   

NAME OF REPORTING PERSON

S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (VOLUNTARY)

 

Stone Ridge Trust V, on behalf of its series, Stone Ridge Alternative Lending Risk Premium Fund

 

    

 

  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

 

  

 

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

 

  

 

[    ]    

 

11.

 

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

  

 

0    

 

12.

 

 

 

TYPE OF REPORTING PERSON

 

  

 

IV    

 

2


CUSIP No. 91680M107

 

  1.   

NAME OF REPORTING PERSON

S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (VOLUNTARY)

 

Stone Ridge Asset Management 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

 

  

 

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

 

  

 

[    ]    

 

11.

 

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

  

 

0    

 

12.

 

 

 

TYPE OF REPORTING PERSON

 

  

 

IA    

 

3


CUSIP No. 91680M107

 

  1.   

NAME OF REPORTING PERSON

S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (VOLUNTARY)

 

Stone Ridge Holdings Group LP

 

    

 

  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

 

  

 

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

 

  

 

[    ]    

 

11.

 

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

  

 

0    

 

12.

 

 

 

TYPE OF REPORTING PERSON

 

  

 

PN    

 

4


CUSIP No. 91680M107

 

  1.   

NAME OF REPORTING PERSON

S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (VOLUNTARY)

 

Stone Ridge Holdings Group (GP) 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

 

  

 

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

 

  

 

[    ]    

 

11.

 

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

  

 

0    

 

12.

 

 

 

TYPE OF REPORTING PERSON

 

  

 

OO    

 

5


CUSIP No. 91680M107

 

  1.   

NAME OF REPORTING PERSON

S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (VOLUNTARY)

 

Ross Stevens

 

    

 

  2.

 

 

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

  

 

(a)      [    ]        

 

(b)      [    ]        

 

 

  3.

 

 

SEC USE ONLY

 

    

 

  4.

 

 

CITIZENSHIP OR PLACE OF ORGANIZATION

 

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

 

  

 

[    ]    

 

11.

 

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

  

 

0    

 

12.

 

 

 

TYPE OF REPORTING PERSON

 

  

 

IN, HC    

 

6


CUSIP No. 91680M107

 

AMENDMENT NO. 1 TO SCHEDULE 13G (FINAL AMENDMENT)

Reference is hereby made to the statement on Schedule 13G filed with the Securities and Exchange Commission by the Reporting Persons with respect to the Common Stock, $0.0001 par value, of the Issuer on January 27, 2021 (the “Schedule 13G”). Terms used in the Schedule 13G are used herein as so defined.

The following items of the Schedule 13G are hereby amended and restated as follows:

 

ITEM 4

   OWNERSHIP:
   The information requested in this item is incorporated herein by reference to the cover pages to this Amendment No. 1 to Schedule 13G.

ITEM 5

   OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS:
   If this statement is being filed to report the fact that the Reporting Persons have ceased to be the beneficial owners of more than five percent of the Common Stock, check the following: [X]

 

7


CUSIP No. 91680M107

 

SIGNATURE

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

Dated: January 13, 2022

 

STONE RIDGE TRUST V
By:  

  /s/ Ross Stevens

Name:     Ross Stevens
Title:     President

 

STONE RIDGE ASSET MANAGEMENT LLC
By:  

  /s/ Ross Stevens

Name:     Ross Stevens
Title:     Chief Executive Officer

 

STONE RIDGE HOLDINGS GROUP LP
By:  

  /s/ Ross Stevens

Name:     Ross Stevens
Title:     Manager of Stone Ridge Holdings   Group (GP) LLC, its General Partner

 

STONE RIDGE HOLDINGS GROUP (GP) LLC
By:  

  /s/ Ross Stevens

Name:     Ross Stevens
Title:     Manager

 

ROSS STEVENS

  /s/ Ross Stevens

  Ross Stevens, individually

 

8