[SCHEDULE 13G/A] UWM Holdings Corporation SEC Filing

Rhea-AI Filing Summary

Citadel-affiliated entities and Kenneth Griffin disclosed collective holdings in UWM Holdings Corporation (UWMC). The filing reports that several Citadel entities each beneficially own specific blocks of Class A common stock, with Citadel Advisors LLC, Citadel Advisors Holdings LP and Citadel GP LLC each reported as having shared voting and dispositive power over 3,176,929 shares (1.6% of the class based on 201,418,588 shares outstanding). Citadel Securities LLC holds 1,083,315 shares (0.5%), Citadel Securities Group LP and Citadel Securities GP LLC each 2,407,699 shares (1.2%), and Kenneth Griffin a total of 5,584,628 shares (2.8%).

The filing states the securities were not acquired to change or influence control of the issuer and provides the reporting persons' principal address as 830 Brickell Plaza, Miami, Florida 33131.

Positive

• Clear, itemized ownership disclosure by multiple Citadel-related reporting persons with exact share counts and percentages
• Certification of non-control intent indicating the positions are reported as passive under Schedule 13G rules

Negative

• None.

Insights

Financial Analyst

TL;DR: Disclosure shows modest, non-controlling positions by Citadel entities and Kenneth Griffin, totaling under 3% each for major filers.

The Schedule 13G/A provides transparent ownership figures for multiple Citadel-related reporting persons across UWM Holdings.

The positions disclosed are small relative to the 201.4 million share base, with the largest single beneficial ownership reported for Mr. Kenneth Griffin at 5,584,628 shares (2.8%). The filing explicitly states these holdings are not for the purpose of changing control, which aligns with a passive investor posture under Rule 13d-1(b). For investors, the filing confirms concentrated internal aggregation of positions among affiliated entities but no single >5% controlling stake.

Corporate Governance Expert

TL;DR: Governance impact appears limited; disclosures clarify voting and dispositive powers are shared and assert no intent to affect control.

The document details shared voting and dispositive power rather than sole control across reporting persons, which reduces immediate governance-change implications.

The certification that the securities were not acquired to influence control is material for governance assessment, indicating a passive reporting status. The filing also documents the ownership chain and relationships among Citadel entities and Mr. Griffin, which aids transparency about potential coordinated action despite the stated non-control intent.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 3)

UWM Holdings Corporation

(Name of Issuer)

Class A Common Stock, par value $0.0001 per share (the "Shares")

(Title of Class of Securities)

91823B109

(CUSIP Number)

06/30/2025

(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)

SCHEDULE 13G

CUSIP No. 91823B109

1

Names of Reporting Persons

Citadel Advisors 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 3,176,929.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 3,176,929.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

3,176,929.00

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)

1.6 %

12

Type of Reporting Person (See Instructions)

IA, HC, OO

Comment for Type of Reporting Person: The percentages reported in this Schedule 13G are based upon 201,418,588 Shares outstanding as of May 2, 2025 (according to the issuer's Form 10-Q as filed with the Securities and Exchange Commission on May 6, 2025).

SCHEDULE 13G

CUSIP No. 91823B109

1

Names of Reporting Persons

Citadel Advisors Holdings 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 3,176,929.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 3,176,929.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

3,176,929.00

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)

1.6 %

12

Type of Reporting Person (See Instructions)

HC, PN

SCHEDULE 13G

CUSIP No. 91823B109

1

Names of Reporting Persons

Citadel 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 3,176,929.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 3,176,929.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

3,176,929.00

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)

1.6 %

12

Type of Reporting Person (See Instructions)

HC, OO

SCHEDULE 13G

CUSIP No. 91823B109

1

Names of Reporting Persons

Citadel Securities 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 1,083,315.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 1,083,315.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

1,083,315.00

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)

BD, OO

SCHEDULE 13G

CUSIP No. 91823B109

1

Names of Reporting Persons

Citadel Securities Group 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 2,407,699.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 2,407,699.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

2,407,699.00

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)

1.2 %

12

Type of Reporting Person (See Instructions)

HC, PN

SCHEDULE 13G

CUSIP No. 91823B109

1

Names of Reporting Persons

Citadel Securities 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 2,407,699.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 2,407,699.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

2,407,699.00

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)

1.2 %

12

Type of Reporting Person (See Instructions)

HC, OO

SCHEDULE 13G

CUSIP No. 91823B109

1

Names of Reporting Persons

Kenneth Griffin

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 0.00
6	Shared Voting Power 5,584,628.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 5,584,628.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

5,584,628.00

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)

HC, IN

SCHEDULE 13G

Item 1.
(a)	Name of issuer: UWM Holdings Corporation
(b)	Address of issuer's principal executive offices: 585 South Boulevard E., Pontiac, MI, 48341
Item 2.
(a)	Name of person filing: This Schedule 13G is being jointly filed by Citadel Advisors LLC ("Citadel Advisors"), Citadel Advisors Holdings LP ("CAH"), Citadel GP LLC ("CGP"), Citadel Securities LLC ("Citadel Securities"), Citadel Securities Group LP ("CALC4"), Citadel Securities GP LLC ("CSGP") and Mr. Kenneth Griffin (collectively with Citadel Advisors, CAH, CGP, Citadel Securities, CALC4 and CSGP, the "Reporting Persons") with respect to the Shares of the above-named issuer owned by Citadel Multi-Strategy Equities Master Fund Ltd., a Cayman Islands company ("CM"), CRBU Holdings LLC, a Delaware limited liability company ("CRBH"), Citadel Securities Principal Strategies LLC, a Delaware limited liability company ("CSP"), and Citadel Securities. Such owned Shares may include other instruments exercisable for or convertible into Shares. Citadel Advisors is the portfolio manager for CM. CAH is the sole member of Citadel Advisors. CGP is the general partner of CAH. CALC4 is the non-member manager of CRBH, CSP and Citadel Securities. CSGP is the general partner of CALC4. Mr. Griffin is the President and Chief Executive Officer of CGP, and owns a controlling interest in CGP and CSGP. The filing of this statement shall not be construed as an admission that any of the Reporting Persons is the beneficial owner of any securities covered by the statement other than the securities actually owned by such person (if any).
(b)	Address or principal business office or, if none, residence: The address of each of the Reporting Persons is 830 Brickell Plaza, Miami, Florida 33131.
(c)	Citizenship: Each of Citadel Advisors, CGP, Citadel Securities and CSGP is organized as a limited liability company under the laws of the State of Delaware. Each of CALC4 and CAH is organized as a limited partnership under the laws of the State of Delaware. Mr. Griffin is a U.S. citizen.
(d)	Title of class of securities: Class A Common Stock, par value $0.0001 per share (the "Shares")
(e)	CUSIP No.: 91823B109
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: 1. Each of Citadel Advisors LLC, Citadel Advisors Holdings LP and Citadel GP LLC may be deemed to beneficially own 3,176,929 Shares. 2. Citadel Securities LLC may be deemed to beneficially own 1,083,315 Shares. 3. Each of Citadel Securities Group LP and Citadel Securities GP LLC may be deemed to beneficially own 2,407,699 Shares. 4. Mr. Griffin may be deemed to beneficially own 5,584,628 Shares.
(b)	Percent of class: 1. The number of Shares that each of Citadel Advisors LLC, Citadel Advisors Holdings LP and Citadel GP LLC may be deemed to beneficially own constitutes 1.6% of the Shares outstanding. 2. The number of Shares that Citadel Securities LLC may be deemed to beneficially own constitutes 0.5% of the Shares outstanding. 3. The number of Shares that each of Citadel Securities Group LP and Citadel Securities GP LLC may be deemed to beneficially own constitutes 1.2% of the Shares outstanding. 4. The number of Shares that Mr. Griffin may be deemed to beneficially own constitutes 2.8% of the Shares outstanding.
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 1. Each of Citadel Advisors LLC, Citadel Advisors Holdings LP and Citadel GP LLC: 0 2. Citadel Securities LLC: 0 3. Each of Citadel Securities Group LP and Citadel Securities GP LLC: 0 4. Mr. Griffin: 0
	(ii) Shared power to vote or to direct the vote: 1. Each of Citadel Advisors LLC, Citadel Advisors Holdings LP and Citadel GP LLC: 3,176,929 2. Citadel Securities LLC: 1,083,315 3. Each of Citadel Securities Group LP and Citadel Securities GP LLC: 2,407,699 4. Mr. Griffin: 5,584,628
	(iii) Sole power to dispose or to direct the disposition of: 1. Each of Citadel Advisors LLC, Citadel Advisors Holdings LP and Citadel GP LLC: 0 2. Citadel Securities LLC: 0 3. Each of Citadel Securities Group LP and Citadel Securities GP LLC: 0 4. Mr. Griffin: 0
	(iv) Shared power to dispose or to direct the disposition of: 1. Each of Citadel Advisors LLC, Citadel Advisors Holdings LP and Citadel GP LLC: 3,176,929 2. Citadel Securities LLC: 1,083,315 3. Each of Citadel Securities Group LP and Citadel Securities GP LLC: 2,407,699 4. Mr. Griffin: 5,584,628
Item 5.	Ownership of 5 Percent or Less of a Class.
	Ownership of 5 percent or less of a class
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.
	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 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.

Citadel Advisors LLC

Signature:	/s/ Seth Levy
Name/Title:	Seth Levy, Authorized Signatory
Date:	08/14/2025

Citadel Advisors Holdings LP

Signature:	/s/ Seth Levy
Name/Title:	Seth Levy, Authorized Signatory
Date:	08/14/2025

Citadel GP LLC

Signature:	/s/ Seth Levy
Name/Title:	Seth Levy, Authorized Signatory
Date:	08/14/2025

Citadel Securities LLC

Signature:	/s/ Seth Levy
Name/Title:	Seth Levy, Authorized Signatory
Date:	08/14/2025

Citadel Securities Group LP

Signature:	/s/ Seth Levy
Name/Title:	Seth Levy, Authorized Signatory
Date:	08/14/2025

Citadel Securities GP LLC

Signature:	/s/ Seth Levy
Name/Title:	Seth Levy, Authorized Signatory
Date:	08/14/2025

Kenneth Griffin

Signature:	/s/ Seth Levy
Name/Title:	Seth Levy, attorney-in-fact*
Date:	08/14/2025

Comments accompanying signature: * Seth Levy is signing on behalf of Kenneth Griffin as attorney-in-fact pursuant to a power of attorney previously filed with the Securities and Exchange Commission, and hereby incorporated by reference herein. The power of attorney was filed as an attachment to a filing by Citadel Advisors LLC on Schedule 13G for Allakos Inc. on October 13, 2023.

FAQ

How many UWM (UWMC) shares does Kenneth Griffin beneficially own?

Kenneth Griffin is reported to beneficially own 5,584,628 shares, representing 2.8% of the class based on 201,418,588 shares outstanding.

What stake do Citadel Advisors entities report in UWMC?

Citadel Advisors LLC, Citadel Advisors Holdings LP and Citadel GP LLC are each reported as having shared power over 3,176,929 shares, or 1.6% of the class.

Does the filing indicate intent to influence control of UWM?

No. The filing includes a certification stating the securities were not acquired and are not held for the purpose of changing or influencing control of the issuer.

What is the total share count used to calculate percentages?

Percentages are based on 201,418,588 shares outstanding as of the issuer filing referenced in the Schedule 13G.

Where are the reporting persons based?

The principal address for the reporting persons is listed as 830 Brickell Plaza, Miami, Florida 33131.