PointState entities disclose 6.1% stake in StubHub Holdings (STUB)

Rhea-AI Filing Summary

PointState Capital and related entities report beneficial ownership in StubHub Holdings. The filing states 20,126,701 shares of Class A common stock are held with shared voting and dispositive power by PointState entities (listed as 6.1%). Individual reporting person Zachary J. Schreiber is shown with 975,868 shares of sole voting and dispositive power and total beneficial ownership of 21,102,569 shares (6.4%).

The filing lists the issuer address as 175 Greenwich Street, 59th Floor, New York, NY 10007 and the reporting persons' business office at 9 West 57th Street, 37th Floor, New York, NY 10019. Signatures show Mr. Schreiber signed on 05/15/2026.

Insights

Corporate Governance Specialist

PointState reports a ~6% stake with shared control lines and an individual attributable stake for Mr. Schreiber.

The filing lists 20,126,701 shares under shared voting and dispositive power across PointState entities, labeled as 6.1%. It also shows Mr. Schreiber's sole voting/dispositive holdings of 975,868 and a combined beneficial position of 21,102,569 (6.4%).

Cash‑flow treatment and any plans to trade or change holdings are not disclosed in the excerpt; subsequent SEC schedules would show transactional moves or changes in ownership.

Investor Relations Analyst

Disclosure clarifies reporting structure and addresses for the holder and issuer.

The report names PointState Capital, PointState Holdings LLC, PointState Capital GP LLC, and Zachary J. Schreiber as reporting persons, with business office at 9 West 57th Street and issuer address at 175 Greenwich Street. The cover entries and percent figures are incorporated by reference on the cover pages.

Watch for future amendments or Forms 4/13D that would state purchases, sales, or intent; this schedule is a beneficial‑ownership disclosure snapshot.

Key Figures

PointState shared holdings: 20,126,701 shares PointState percent: 6.1% Schreiber sole holdings: 975,868 shares +3 more

6 metrics

PointState shared holdings 20,126,701 shares Class A common stock, shared voting/dispositive power

PointState percent 6.1% Percent of class as shown on cover entries

Schreiber sole holdings 975,868 shares Sole voting and dispositive power

Schreiber total beneficial 21,102,569 shares Total beneficial ownership reported

Issuer address 175 Greenwich Street, 59th Floor Issuer principal executive office

Reporting office 9 West 57th Street, 37th Floor Business office of reporting persons

Key Terms

shared dispositive power, beneficial ownership, Schedule 13G/A

3 terms

shared dispositive power regulatory

"Shared Dispositive Power 20,126,701.00"

beneficial ownership regulatory

"Amount beneficially owned: The information in Items 5 through 9"

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.

Schedule 13G/A regulatory

"Item 1. (a) Name of issuer: 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.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Accepted by SEC EDGAR 05/15/2026 - 05:00 PM Learn about SEC filing dates

FAQ

What stake does PointState Capital report in STUB?

PointState entities report 20,126,701 shares of Class A common stock, representing 6.1% of the class according to the cover entries incorporated by reference. The filing shows shared voting and dispositive power for that amount.

How many shares does Zachary J. Schreiber beneficially own in STUB?

Zachary J. Schreiber is shown with 975,868 shares of sole voting and dispositive power and total beneficial ownership of 21,102,569 shares, equal to 6.4% of the class as reported on the cover.

When were these ownership figures signed and by whom?

The signatures on the amendment show Zachary J. Schreiber signing on behalf of the reporting entities on 05/15/2026, as indicated in the signature block included in the excerpt.

Where are the issuer and reporting persons located?

The issuer's principal executive office is listed at 175 Greenwich Street, 59th Floor, New York, NY 10007. The reporting persons' business office is listed at 9 West 57th Street, 37th Floor, New York, NY 10019.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 2)

StubHub Holdings, Inc.

(Name of Issuer)

Class A Common Stock, par value $0.001 per share

(Title of Class of Securities)

86384P109

(CUSIP Number)

03/31/2026

(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

PointState Capital LP

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 0.00
6	Shared Voting Power 20,126,701.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 20,126,701.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

20,126,701.00

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)

IA, PN

SCHEDULE 13G

CUSIP Number(s): 86384P109

1

Names of Reporting Persons

PointState Holdings 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 0.00
6	Shared Voting Power 20,126,701.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 20,126,701.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

20,126,701.00

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)

OO

SCHEDULE 13G

CUSIP Number(s): 86384P109

1

Names of Reporting Persons

PointState Capital GP 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 0.00
6	Shared Voting Power 20,126,701.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 20,126,701.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

20,126,701.00

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)

OO

SCHEDULE 13G

CUSIP Number(s): 86384P109

1

Names of Reporting Persons

Zachary J. Schreiber

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

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 975,868.00
6	Shared Voting Power 20,126,701.00
7	Sole Dispositive Power 975,868.00
8	Shared Dispositive Power 20,126,701.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

21,102,569.00

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)

6.4 %

12

Type of Reporting Person (See Instructions)

IN

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, New York, 10007
Item 2.
(a)	Name of person filing: PointState Capital LP
(b)	Address or principal business office or, if none, residence: The address of the business office of each of the Reporting Persons is care of PointState Capital LP, 9 West 57th Street, 37th Floor, New York, NY 10019.
(c)	Citizenship: Delaware
(d)	Title of class of securities: Class A Common Stock, par value $0.001 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).
Item 4.	Ownership
(a)	Amount beneficially owned: The information in Items 5 through 9 and Item 11 on the cover pages to this Schedule 13G is hereby incorporated by reference.
(b)	Percent of class: The applicable information on the cover pages to this Schedule 13G is hereby incorporated by reference.
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: The applicable information on the cover pages to this Schedule 13G is hereby incorporated by reference.
	(ii) Shared power to vote or to direct the vote: The applicable information on the cover pages to this Schedule 13G is hereby incorporated by reference.
	(iii) Sole power to dispose or to direct the disposition of: The applicable information on the cover pages to this Schedule 13G is hereby incorporated by reference.
	(iv) Shared power to dispose or to direct the disposition of: The applicable information on the cover pages to this Schedule 13G is hereby incorporated by reference.
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary. The information in Items 2 and 4 is hereby incorporated by reference.
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

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.

PointState Capital LP

Signature:	/s/ Zachary J. Schreiber
Name/Title:	Zachary J. Schreiber, Managing Member
Date:	05/15/2026

PointState Holdings LLC

Signature:	/s/ Zachary J. Schreiber
Name/Title:	Zachary J. Schreiber, Managing Member of PointState Holdings LLC, the general partner of SteelMill Master Fund LP
Date:	05/15/2026

PointState Capital GP LLC

Signature:	/s/ Zachary J. Schreiber
Name/Title:	Managing Member of PointState Holdings LLC and PointState Capital GP LLC, the general partner of PointState Capital LP
Date:	05/15/2026

Zachary J. Schreiber

Signature:	/s/ Zachary J. Schreiber
Name/Title:	Zachary J. Schreiber
Date:	05/15/2026