ThredUp Inc. (TDUP) disclosed that Capital World Investors has a significant passive ownership stake in the company. Capital World Investors reports beneficial ownership of 8,707,600 shares of ThredUp common stock, representing 8.4% of the 104,273,162 shares believed to be outstanding as of the relevant date.
Capital World Investors, a division of Capital Research and Management Company and its affiliated investment management entities, has sole voting and sole dispositive power over all of these shares, with no shared voting or dispositive authority. The filing is made on a Schedule 13G/A, indicating the shares are held in the ordinary course of business and not for the purpose of changing or influencing control of ThredUp.
What ownership stake does Capital World Investors report in ThredUp (TDUP)?
Capital World Investors reports beneficial ownership of 8,707,600 ThredUp common shares, equal to 8.4% of the class. This percentage is based on 104,273,162 shares believed to be outstanding, making Capital World Investors a significant institutional shareholder in the company.
Is Capital World Investors seeking control of ThredUp (TDUP) with this stake?
No. Capital World Investors certifies the shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of ThredUp, consistent with a passive institutional investment reported on Schedule 13G/A.
How much voting power does Capital World Investors have in ThredUp (TDUP)?
Capital World Investors reports sole voting power over 8,707,600 shares of ThredUp common stock. It also indicates zero shared voting power, meaning all reported voting authority over these shares is held solely by Capital World Investors and its related investment management entities.
What is the nature of Capital World Investors’ dispositive power in ThredUp (TDUP)?
Capital World Investors has sole dispositive power over 8,707,600 shares of ThredUp common stock, with no shared dispositive power. Sole dispositive power means it alone can decide if and when these shares are sold or otherwise transferred, subject to any client arrangements.
Who is Capital World Investors in relation to ThredUp (TDUP)?
Capital World Investors is a division of Capital Research and Management Company and its investment management subsidiaries. These entities collectively provide investment management services under the Capital World Investors name and are deemed beneficial owner of the disclosed ThredUp position.
Which other entity is mentioned in connection with ThredUp (TDUP) ownership?
The filing identifies SMALLCAP World Fund, Inc. under the section addressing ownership of more than 5% on behalf of another person. This indicates another related party may have an economic interest tied to part of the reported ThredUp share position.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 6)
ThredUp Inc.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
88556E102
(CUSIP Number)
12/31/2025
(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)
SCHEDULE 13G
CUSIP No.
88556E102
1
Names of Reporting Persons
Capital World Investors
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
8,707,600.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
8,707,600.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
8,707,600.00
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)
8.4 %
12
Type of Reporting Person (See Instructions)
IA
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
ThredUp Inc.
(b)
Address of issuer's principal executive offices:
969 Broadway, Suite 200, Oakland, CA 94607, United States of America
Item 2.
(a)
Name of person filing:
Capital World Investors
(b)
Address or principal business office or, if none, residence:
333 SOUTH HOPE STREET, 55TH FLOOR, LOS ANGELES, CALIFORNIA 90071
(c)
Citizenship:
N/A
(d)
Title of class of securities:
Common Stock
(e)
CUSIP No.:
88556E102
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:
8,707,600 **
**Capital World Investors ("CWI") is a division of Capital Research and Management Company ("CRMC"), as well as its investment management subsidiaries and affiliates Capital Bank and Trust Company, Capital International, Inc., Capital International Limited, Capital International Sarl, Capital International K.K., Capital Group Private Client Services, Inc., and Capital Group Investment Management Private Limited (together with CRMC, the "investment management entities"). CWI's divisions of each of the investment management entities collectively provide investment management services under the name "Capital World Investors." CWI is deemed to be the beneficial owner of 8,707,600 shares or 8.4% of the 104,273,162 shares believed to be outstanding.
(b)
Percent of class:
8.4 %
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
8,707,600
(ii) Shared power to vote or to direct the vote:
0
(iii) Sole power to dispose or to direct the disposition of:
8,707,600
(iv) Shared power to dispose or to direct the disposition of:
0
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.
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.
SMALLCAP World Fund, Inc.
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 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 acquired and are held in the ordinary course of business and 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.
Capital World Investors
Signature:
Timothy J. Moon
Name/Title:
Vice President and Senior Counsel, Capital Research and Management Company
