[SCHEDULE 13G/A] StubHub Holdings, Inc. Amended Passive Investment Disclosure
StubHub amendment adds Deer Partners 5.02M shares
Amendment No. 1 to a Schedule 13G/A for StubHub Holdings, Inc. (Class A Common Stock) corrects a prior filing to include additional beneficial ownership held by Deer Partners Investment Fund LLC (DPIF).
Amendment No. 1 to a Schedule 13G/A for StubHub Holdings, Inc. (Class A Common Stock) corrects a prior filing to include additional beneficial ownership held by Deer Partners Investment Fund LLC (DPIF). The filing lists multiple related Bessemer and Deer entities and reports individual share counts and percent ownership for each reporting person.
Notable holders shown include Deer VIII & Co. entities with 20,319,804 shares (6.1%), BVP VIII funds with between 235,115 and 11,094,612 shares, and DPIF with 5,020,037 shares (1.5%). The amendment states the correction was necessary because the original filing inadvertently omitted DPIF's holdings.
Positive
None.
Negative
None.
Key Figures
Deer VIII holdings:20,319,804 sharesBVP VIII Institutional holdings:11,094,612 sharesDPIF holdings (added):5,020,037 shares+4 more
7 metrics
Deer VIII holdings20,319,804 sharesreported for Deer VIII & Co. entities
BVP VIII Institutional holdings11,094,612 sharesBessemer Venture Partners VIII Institutional L.P.
DPIF holdings (added)5,020,037 sharesDeer Partners Investment Fund LLC, added by amendment
BVP CF Institutional holdings1,483,570 sharesBessemer Venture Partners Century Fund Institutional L.P.
BVP CF holdings235,115 sharesBessemer Venture Partners Century Fund L.P.
CASF holdings46,808 sharesCloud All Star Fund, L.P.
Percent ownership example6.1%Percent of class reported for Deer VIII entities
Key Terms
Schedule 13G/A, beneficial ownership, sole dispositive power, general partner
4 terms
Schedule 13G/Aregulatory
"Amendment No. 1 to a Schedule 13G/A for StubHub Holdings, Inc."
A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
sole dispositive powerregulatory
"Sole power to dispose or to direct the disposition of: BVP VIII- 9,225,192 shares"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
general partnerfinancial
"Deer VIII & Co. Ltd. is the general partner of Deer VIII & Co. L.P."
A general partner is the person or firm that runs an investment partnership and legally represents it — they make the day-to-day decisions, choose which assets to buy or sell, and are responsible for the partnership’s obligations. Investors care because the general partner’s judgment, risk-taking and fee and profit-sharing arrangements determine both the potential returns and the level of exposure to losses; think of the GP as the ship’s captain whose skill and honesty shape the voyage’s outcome.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What change does the STUB Schedule 13G/A amendment make?
The amendment adds previously omitted beneficial ownership for Deer Partners Investment Fund LLC. It corrects the earlier Schedule 13G/A by listing DPIF's direct ownership of 5,020,037 shares and updates the collective reporting persons' holdings and voting/dispositive powers.
Who are the largest reporting holders listed in the STUB filing?
Largest holders in the excerpt are Deer VIII entities with 20,319,804 shares (6.1%) each and Bessemer Venture Partners VIII Institutional L.P. with 11,094,612 shares (3.3%). Several related funds and entities are shown with sole voting and dispositive power.
Does the amendment change how many shares each reporting person controls?
The amendment reports the same per-entity share counts in the filing excerpt and expressly adds DPIF's holdings; it lists sole voting and dispositive power for each reporting person alongside the share counts and percent of class for each entity.
What percent of Class A stock does DPIF hold per the amendment (STUB)?
The filing shows Deer Partners Investment Fund LLC directly owns 5,020,037 shares, representing 1.5% of the Class A Common Stock as reported in the Schedule 13G/A amendment.
Are these holdings reported as sole or shared power in the STUB filing?
For every listed reporting person in the excerpt, the filing reports sole power to vote and sole power to dispose for the stated share amounts, and zero shared voting or dispositive power for the same holdings.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 1)
StubHub Holdings, Inc.
(Name of Issuer)
Class A Common Stock, $0.001 par value per share
(Title of Class of Securities)
86384P109
(CUSIP Number)
09/30/2025
(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)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
86384P109
1
Names of Reporting Persons
Bessemer Venture Partners VIII L.P.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
CAYMAN ISLANDS
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
9,225,192.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
9,225,192.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
9,225,192.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
2.8 %
12
Type of Reporting Person (See Instructions)
PN
SCHEDULE 13G
CUSIP Number(s):
86384P109
1
Names of Reporting Persons
Bessemer Venture Partners VIII Institutional L.P.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
CAYMAN ISLANDS
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
11,094,612.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
11,094,612.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
11,094,612.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
3.3 %
12
Type of Reporting Person (See Instructions)
PN
SCHEDULE 13G
CUSIP Number(s):
86384P109
1
Names of Reporting Persons
Bessemer Venture Partners Century Fund Institutional L.P.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
CAYMAN ISLANDS
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
1,483,570.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
1,483,570.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,483,570.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
0.5 %
12
Type of Reporting Person (See Instructions)
PN
SCHEDULE 13G
CUSIP Number(s):
86384P109
1
Names of Reporting Persons
Bessemer Venture Partners Century Fund L.P.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
CAYMAN ISLANDS
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
235,115.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
235,115.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
235,115.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
0.07 %
12
Type of Reporting Person (See Instructions)
CO
SCHEDULE 13G
CUSIP Number(s):
86384P109
1
Names of Reporting Persons
Deer VIII & Co. L.P.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
CAYMAN ISLANDS
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
20,319,804.00
6
Shared Voting Power
7
Sole Dispositive Power
20,319,804.00
8
Shared Dispositive Power
9
Aggregate Amount Beneficially Owned by Each Reporting Person
20,319,804.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
6.1 %
12
Type of Reporting Person (See Instructions)
PN
SCHEDULE 13G
CUSIP Number(s):
86384P109
1
Names of Reporting Persons
Deer VIII & Co. Ltd.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
CAYMAN ISLANDS
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
20,319,804.00
6
Shared Voting Power
7
Sole Dispositive Power
20,319,804.00
8
Shared Dispositive Power
9
Aggregate Amount Beneficially Owned by Each Reporting Person
20,319,804.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
6.1 %
12
Type of Reporting Person (See Instructions)
CO
SCHEDULE 13G
CUSIP Number(s):
86384P109
1
Names of Reporting Persons
Deer X & Co. L.P.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
CAYMAN ISLANDS
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
1,718,685.00
6
Shared Voting Power
7
Sole Dispositive Power
1,718,685.00
8
Shared Dispositive Power
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,718,685.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
0.5 %
12
Type of Reporting Person (See Instructions)
PN
SCHEDULE 13G
CUSIP Number(s):
86384P109
1
Names of Reporting Persons
Deer X & Co. Ltd.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
CAYMAN ISLANDS
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
1,718,685.00
6
Shared Voting Power
7
Sole Dispositive Power
1,718,685.00
8
Shared Dispositive Power
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,718,685.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
0.5 %
12
Type of Reporting Person (See Instructions)
CO
SCHEDULE 13G
CUSIP Number(s):
86384P109
1
Names of Reporting Persons
Cloud All Star Fund, L.P.
2
Check the appropriate box if a member of a Group (see instructions)
(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
46,808.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
46,808.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
46,808.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
0.01 %
12
Type of Reporting Person (See Instructions)
PN
SCHEDULE 13G
CUSIP Number(s):
86384P109
1
Names of Reporting Persons
Deer Management Co. LLC
2
Check the appropriate box if a member of a Group (see instructions)
(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
46,808.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
46,808.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
46,808.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
0.01 %
12
Type of Reporting Person (See Instructions)
OO
SCHEDULE 13G
CUSIP Number(s):
86384P109
1
Names of Reporting Persons
Deer Partners Investment Fund LLC
2
Check the appropriate box if a member of a Group (see instructions)
(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
5,020,037.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
5,020,037.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
5,020,037.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
1.5 %
12
Type of Reporting Person (See Instructions)
OO
Comment for Type of Reporting Person: This Amendment No. 1 to Schedule 13G is being filed to correct the Schedule 13G filed by the Reporting Persons on November 14, 2025, which inadvertently omitted the beneficial ownership of certain securities held by Deer Partners Investment Fund LLC.
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
StubHub Holdings, Inc.
(b)
Address of issuer's principal executive offices:
175 Greenwich Street, 59th Floor, New York, NY 10007
Item 2.
(a)
Name of person filing:
This statement is being filed by the following persons with respect to certain shares of Class A Common Stock (the "Shares" or the "Common Stock") of the Issuer. Bessemer Venture Partners VIII L.P. ("BVP VIII"), Bessemer Venture Partners VIII Institutional L.P. ("BVP VIII Inst" and together with BVP VIII, the "BVP VIII Funds"), Bessemer Venture Partners Century Fund Institutional L.P. ("BVP CF Inst"), and Bessemer Venture Partners Century Fund L.P. ("BVP CF", and together with BVP CF Inst, the "BVP Century Funds") directly own shares of Class A Common Stock.
Deer VIII & Co. Ltd. ("Deer VIII Ltd") is the general partner of Deer VIII & Co. L.P. ("Deer VIII LP"), which is the general partner of the BVP VIII Funds.
Deer X & Co. Ltd. ("Deer X Ltd") is the general partner of Deer X & Co. L.P. ("Deer X LP"), which is the general partner of the BVP Century Funds.
Cloud All Star Fund, LP ("CASF") directly owns shares of Class A Common Stock. Deer Management Company LLC ("Deer") is the management company of the Funds and owns a material interest in Cloud All Star Fund GP, LLC, the general partner of CASF.
Deer Partners Investment Fund LLC ("DPIF") directly owns shares of Class A Common Stock.
BVP VIII, BVP VIII Inst, BVP CF Inst, BVP CF, CASF, Deer VIII Ltd, Deer VIII LP, Deer X Ltd, Deer X LP, DPIF and Deer are sometimes individually referred to herein as a "Reporting Person" and collectively as the "Reporting Persons."
(b)
Address or principal business office or, if none, residence:
The address of the principal business office of the Reporting Persons is:
c/o Bessemer Venture Partners
1865 Palmer Avenue; Suite 104
Larchmont, NY 10583
(c)
Citizenship:
Cayman Islands and Delaware
(d)
Title of class of securities:
Class A Common Stock, $0.001 par value per share
(e)
CUSIP No.:
86384P109
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Ownership of more than 5 Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
As the general partner of Deer VIII & Co. L.P., which in turn is the general partner of the BVP VIII Funds, Deer VIII & Co. Ltd. may be deemed to beneficially own all 20,319,804 Shares held directly by the BVP VIII Funds and have the power to direct the dividends from or the proceeds of the sale of such Shares. As the general partner of Deer X & Co. L.P., which in turn is the general partner of the BVP Century Funds, Deer X & Co. Ltd. may be deemed to beneficially own all 1,718,685 Shares held directly by the BVP Century Funds and have the power to direct the dividends from or the proceeds of the sale of such Shares. Deer owns a material interest in Cloud All Star Fund GP, LLC, the general partner of CASF, Deer may be deemed to beneficially own all 46,808 Shares held directly by CASF and have the power to direct the dividends from or the proceeds of the sale of such Shares.
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
Not Applicable
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Bessemer Venture Partners VIII L.P.
Signature:
/s/ Scott Ring
Name/Title:
Scott Ring, General Counsel
Date:
04/29/2026
Bessemer Venture Partners VIII Institutional L.P.
Signature:
/s/ Scott Ring
Name/Title:
/s/ Scott Ring, General Counsel Deer X & Co. Ltd., the GP of Deer X & Co. L.P.
Date:
04/29/2026
Bessemer Venture Partners Century Fund Institutional L.P.
Signature:
/s/ Scott Ring
Name/Title:
Scott Ring, GC Deer X &Co. Ltd., the GP of Deer X & Co. L.P., the GP of Bessemer Venture Partners X, L.P.
Date:
04/29/2026
Bessemer Venture Partners Century Fund L.P.
Signature:
/s/ Scott Ring
Name/Title:
Scott Ring, GC Deer X&Co. Ltd., the GP of Deer X &Co. L.P., the GP of Bessemer Venture Partners X Institutional L.P.
Date:
04/29/2026
Deer VIII & Co. L.P.
Signature:
/s/ Scott Ring
Name/Title:
Scott Ring, General Counsel, Deer VIII & Co. Ltd., the General Partner of Deer VIII & Co. L.P.
Date:
04/29/2026
Deer VIII & Co. Ltd.
Signature:
/s/ Scott Ring
Name/Title:
Scott Ring, General Counsel, Deer VIII & Co. Ltd.
Date:
04/29/2026
Deer X & Co. L.P.
Signature:
/s/ Scott Ring
Name/Title:
Scott Ring, General Counsel, Deer X & Co. Ltd., the General Partner of Deer X & Co. L.P.
Date:
04/29/2026
Deer X & Co. Ltd.
Signature:
/s/ Scott Ring
Name/Title:
Scott Ring, General Counsel, Deer X & Co. Ltd.
Date:
04/29/2026
Cloud All Star Fund, L.P.
Signature:
/s/ John Ailanjian
Name/Title:
John Ailanjian, Managing Member and Authorized Signatory