• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI SuperconnectorNEW
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI SuperconnectorNEW
  • Settings
  • RSS Feeds
PublishGo to AppAI Superconnector
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI superconnector for talent & startupsNEW
    Legal
    Terms of usePrivacy policyCookie policy

    Amendment: SEC Form SC 13G/A filed by Maplebear Inc.

    11/14/24 12:55:38 PM ET
    $CART
    Real Estate
    Real Estate
    Get the next $CART alert in real time by email
    SC 13G/A 1 sc13ga11082cart_11132024.htm AMENDMENT NO. 1 TO SCHEDULE 13G

     UNITED STATES

    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

     

    Maplebear Inc.

     (Name of Issuer)

    Common Stock, par value $0.0001 per share

     (Title of Class of Securities)

    565394103

     (CUSIP Number)

    September 30, 2024

     (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)

     

     

     

    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 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

     

    CUSIP No. 565394103

     

      1   NAME OF REPORTING PERSON  
             
            GCM Grosvenor IC SPV, LLC  
      2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☐
            (b) ☒
               
      3   SEC USE ONLY    
               
                 
      4   CITIZENSHIP OR PLACE OF ORGANIZATION  
             
            State of Delaware  
    NUMBER OF   5   SOLE VOTING POWER  
    SHARES          
    BENEFICIALLY         0  
    OWNED BY   6   SHARED VOTING POWER  
    EACH          
    REPORTING         7,892,493  
    PERSON WITH   7   SOLE DISPOSITIVE POWER  
             
              0  
        8   SHARED DISPOSITIVE POWER  
               
              7,892,493  
      9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON  
             
            7,892,493  
      10   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES     ☐
           
               
      11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)  
             
            3.0%  
      12   TYPE OF REPORTING PERSON  
             
            OO  

      

    2

    CUSIP No. 565394103

      1   NAME OF REPORTING PERSON  
             
            GCM Grosvenor IC SPV 2, LLC  
      2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☐
            (b) ☒
               
      3   SEC USE ONLY    
               
                 
      4   CITIZENSHIP OR PLACE OF ORGANIZATION  
             
            State of Delaware  
    NUMBER OF   5   SOLE VOTING POWER  
    SHARES          
    BENEFICIALLY         0  
    OWNED BY   6   SHARED VOTING POWER  
    EACH          
    REPORTING         1,052,703  
    PERSON WITH   7   SOLE DISPOSITIVE POWER  
             
              0  
        8   SHARED DISPOSITIVE POWER  
               
              1,052,703  
      9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON  
             
            1,052,703  
      10   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES     ☐
           
               
      11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)  
             
            Less than 1%  
      12   TYPE OF REPORTING PERSON  
             
            OO  

      

    3

    CUSIP No. 565394103

     

      1   NAME OF REPORTING PERSON  
             
            GCM Special Opportunities Master Fund, Ltd.  
      2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☐
            (b) ☒
               
      3   SEC USE ONLY    
               
                 
      4   CITIZENSHIP OR PLACE OF ORGANIZATION  
             
            Cayman Islands  
    NUMBER OF   5   SOLE VOTING POWER  
    SHARES          
    BENEFICIALLY         0  
    OWNED BY   6   SHARED VOTING POWER  
    EACH          
    REPORTING         60,000  
    PERSON WITH   7   SOLE DISPOSITIVE POWER  
             
              0  
        8   SHARED DISPOSITIVE POWER  
               
              60,000  
      9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON  
             
            60,000  
      10   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES     ☐
           
               
      11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)  
             
            Less than 1%  
      12   TYPE OF REPORTING PERSON  
             
            CO  

      

    4

    CUSIP No. 565394103

     

      1   NAME OF REPORTING PERSON  
             
            GCM Investments 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  
             
            State of Delaware  
    NUMBER OF   5   SOLE VOTING POWER  
    SHARES          
    BENEFICIALLY         0  
    OWNED BY   6   SHARED VOTING POWER  
    EACH          
    REPORTING         8,945,196  
    PERSON WITH   7   SOLE DISPOSITIVE POWER  
             
              0  
        8   SHARED DISPOSITIVE POWER  
               
              8,945,196  
      9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON  
             
            8,945,196  
      10   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES     ☐
           
               
      11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)  
             
            3.4%  
      12   TYPE OF REPORTING PERSON  
             
            OO  

      

    5

    CUSIP No. 565394103

     

      1   NAME OF REPORTING PERSON  
             
            Grosvenor Capital Management, L.P.  
      2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☐
            (b) ☒
               
      3   SEC USE ONLY    
               
                 
      4   CITIZENSHIP OR PLACE OF ORGANIZATION  
             
            State of Illinois  
    NUMBER OF   5   SOLE VOTING POWER  
    SHARES          
    BENEFICIALLY         0  
    OWNED BY   6   SHARED VOTING POWER  
    EACH          
    REPORTING         9,005,196  
    PERSON WITH   7   SOLE DISPOSITIVE POWER  
             
              0  
        8   SHARED DISPOSITIVE POWER  
               
              9,005,196  
      9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON  
             
            9,005,196  
      10   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES     ☐
           
               
      11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)  
             
            3.5%  
      12   TYPE OF REPORTING PERSON  
             
            PN  

      

    6

    CUSIP No. 565394103

     

      1   NAME OF REPORTING PERSON  
             
            GCM, L.L.C.  
      2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☐
            (b) ☒
               
      3   SEC USE ONLY    
               
                 
      4   CITIZENSHIP OR PLACE OF ORGANIZATION  
             
            State of Delaware  
    NUMBER OF   5   SOLE VOTING POWER  
    SHARES          
    BENEFICIALLY         0  
    OWNED BY   6   SHARED VOTING POWER  
    EACH          
    REPORTING         9,005,196  
    PERSON WITH   7   SOLE DISPOSITIVE POWER  
             
              0  
        8   SHARED DISPOSITIVE POWER  
               
              9,005,196  
      9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON  
             
            9,005,196  
      10   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES     ☐
           
               
      11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)  
             
            3.5%  
      12   TYPE OF REPORTING PERSON  
             
            OO  

      

    7

    CUSIP No. 565394103

     

      1   NAME OF REPORTING PERSON  
             
            Grosvenor Capital Management Holdings, LLLP  
      2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☐
            (b) ☒
               
      3   SEC USE ONLY    
               
                 
      4   CITIZENSHIP OR PLACE OF ORGANIZATION  
             
            State of Delaware  
    NUMBER OF   5   SOLE VOTING POWER  
    SHARES          
    BENEFICIALLY         0  
    OWNED BY   6   SHARED VOTING POWER  
    EACH          
    REPORTING         9,005,196  
    PERSON WITH   7   SOLE DISPOSITIVE POWER  
             
              0  
        8   SHARED DISPOSITIVE POWER  
               
              9,005,196  
      9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON  
             
            9,005,196  
      10   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES     ☐
           
               
      11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)  
             
            3.5%  
      12   TYPE OF REPORTING PERSON  
             
            PN  

      

    8

    CUSIP No. 565394103

     

      1   NAME OF REPORTING PERSON  
             
            GCM Grosvenor Holdings, LLC  
      2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☐
            (b) ☒
               
      3   SEC USE ONLY    
               
                 
      4   CITIZENSHIP OR PLACE OF ORGANIZATION  
             
            State of Delaware  
    NUMBER OF   5   SOLE VOTING POWER  
    SHARES          
    BENEFICIALLY         0  
    OWNED BY   6   SHARED VOTING POWER  
    EACH          
    REPORTING         9,005,196  
    PERSON WITH   7   SOLE DISPOSITIVE POWER  
             
              0  
        8   SHARED DISPOSITIVE POWER  
               
              9,005,196  
      9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON  
             
            9,005,196  
      10   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES     ☐
           
               
      11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)  
             
            3.5%  
      12   TYPE OF REPORTING PERSON  
             
            OO  

      

    9

    CUSIP No. 565394103

     

      1   NAME OF REPORTING PERSON  
             
            GCM Grosvenor Inc.  
      2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☐
            (b) ☒
               
      3   SEC USE ONLY    
               
                 
      4   CITIZENSHIP OR PLACE OF ORGANIZATION  
             
            State of Delaware  
    NUMBER OF   5   SOLE VOTING POWER  
    SHARES          
    BENEFICIALLY         0  
    OWNED BY   6   SHARED VOTING POWER  
    EACH          
    REPORTING         9,005,196  
    PERSON WITH   7   SOLE DISPOSITIVE POWER  
             
              0  
        8   SHARED DISPOSITIVE POWER  
               
              9,005,196  
      9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON  
             
            9,005,196  
      10   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES     ☐
           
               
      11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)  
             
            3.5%  
      12   TYPE OF REPORTING PERSON  
             
            CO  

      

    10

    CUSIP No. 565394103

     

      1   NAME OF REPORTING PERSON  
             
            GCM V, L.L.C.  
      2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☐
            (b) ☒
               
      3   SEC USE ONLY    
               
                 
      4   CITIZENSHIP OR PLACE OF ORGANIZATION  
             
            State of Delaware  
    NUMBER OF   5   SOLE VOTING POWER  
    SHARES          
    BENEFICIALLY         0  
    OWNED BY   6   SHARED VOTING POWER  
    EACH          
    REPORTING         9,005,196  
    PERSON WITH   7   SOLE DISPOSITIVE POWER  
             
              0  
        8   SHARED DISPOSITIVE POWER  
               
              9,005,196  
      9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON  
             
            9,005,196  
      10   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES     ☐
           
               
      11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)  
             
            3.5%  
      12   TYPE OF REPORTING PERSON  
             
            OO  

      

    11

    CUSIP No. 565394103

     

      1   NAME OF REPORTING PERSON  
             
            Michael J. Sacks  
      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 of America  
    NUMBER OF   5   SOLE VOTING POWER  
    SHARES          
    BENEFICIALLY         0  
    OWNED BY   6   SHARED VOTING POWER  
    EACH          
    REPORTING         9,005,196  
    PERSON WITH   7   SOLE DISPOSITIVE POWER  
             
              0  
        8   SHARED DISPOSITIVE POWER  
               
              9,005,196  
      9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON  
             
            9,005,196  
      10   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES     ☐
           
               
      11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)  
             
            3.5%  
      12   TYPE OF REPORTING PERSON  
             
            IN  

      

    12

    CUSIP No. 565394103

    Item 1(a).Name of Issuer:

    The name of the issuer is Maplebear Inc. (the “Issuer”).

    Item 1(b).Address of Issuer’s Principal Executive Offices:

    The address of the Issuer’s principal executive offices is 50 Beale Street, Suite 600, San Francisco, California 94105.

    Item 2(a).Name of Person Filing:
    Item 2(b).Address of Principal Business Office or, if None, Residence:
    Item 2(c).Citizenship:

    This Schedule 13G is filed by:

    1.GCM Grosvenor IC SPV, LLC (“GCM SPV”)
    c/o GCM Grosvenor
    900 N. Michigan Avenue, Suite 1100
    Chicago, Illinois 60611
    Citizenship: State of Delaware
    2.GCM Grosvenor IC SPV 2, LLC (“GCM SPV2”)
    c/o GCM Grosvenor
    900 N. Michigan Avenue, Suite 1100
    Chicago, Illinois 60611
    Citizenship: State of Delaware
    3.GCM Special Opportunities Master Fund, Ltd. (“GCM SOF”)
    c/o GCM Grosvenor
    900 N. Michigan Avenue, Suite 1100
    Chicago, Illinois 60611
    Citizenship: Cayman Islands
    4.GCM Investments GP, LLC (“GCM GP”)
    c/o GCM Grosvenor
    900 N. Michigan Avenue, Suite 1100
    Chicago, Illinois 60611
    Citizenship: State of Delaware
    5.Grosvenor Capital Management, L.P. (“Grosvenor Capital Management”)
    c/o GCM Grosvenor
    900 N. Michigan Avenue, Suite 1100
    Chicago, Illinois 60611
    Citizenship: State of Illinois
    6.GCM, L.L.C.
    c/o GCM Grosvenor
    900 N. Michigan Avenue, Suite 1100
    Chicago, Illinois 60611
    Citizenship: State of Delaware
    13

    CUSIP No. 565394103

    7.Grosvenor Capital Management Holdings, LLLP (“Grosvenor Capital Holdings”)
    c/o GCM Grosvenor
    900 N. Michigan Avenue, Suite 1100
    Chicago, Illinois 60611
    Citizenship: State of Delaware
    8.GCM Grosvenor Holdings, LLC (“GCM Holdings”)
    c/o GCM Grosvenor
    900 N. Michigan Avenue, Suite 1100
    Chicago, Illinois 60611
    Citizenship: State of Delaware
    9.GCM Grosvenor Inc. (“GCM Grosvenor”)
    c/o GCM Grosvenor
    900 N. Michigan Avenue, Suite 1100
    Chicago, Illinois 60611
    Citizenship: State of Delaware
    10.GCM V, L.L.C. (“GCM V”)
    c/o GCM Grosvenor
    900 N. Michigan Avenue, Suite 1100
    Chicago, Illinois 60611
    Citizenship: State of Delaware
    11.Michael J. Sacks
    c/o GCM Grosvenor
    900 N. Michigan Avenue, Suite 1100
    Chicago, Illinois 60611
    Citizenship: United States

    The foregoing persons are hereinafter sometimes referred to individually as a “Reporting Person” and collectively as the “Reporting Persons”.

    Each of the Reporting Persons may be deemed to be a member of a group for purposes of Section 13(d) of the Securities Exchange Act of 1934 (the “Exchange Act”) that may be deemed to collectively beneficially own over 10% of the Issuer’s outstanding shares of Common Stock (as defined below). This filing shall not be deemed to be an affirmation that such a group exists for purposes of the Exchange Act or for any other purpose or that any such Reporting Person is a beneficial owner of securities of the Issuer. Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein.

    Item 2(d).Title of Class of Securities:

    The class of securities to which this Schedule 13G relates is the Issuer’s Common Stock, par value $0.0001 per share (the “Common Stock”).

    Item 2(e).CUSIP Number:

    The CUSIP number of the Common Stock is 565394103.

    14

    CUSIP No. 565394103

    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:
        x Not applicable.
      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 advisor 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 association 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 (15 U.S.C. 80a-3);
      j) ¨ A non-U.S. Institution in accordance with § 240.13d-1(b)(1)(ii)(J);
      k) ¨ Group, in accordance with § 240.13d-1(b)(1)(ii)(K).

     

    If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:

    Item 4.Ownership.
    a)Amount beneficially owned:

    As of September 30, 2024, (i) GCM SPV beneficially owned 7,892,493 shares of Common Stock, (ii) GCM SPV2 beneficially owned 1,052,703 shares of Common Stock, and (iii) GCM SOF beneficially owned 60,000 shares of Common Stock.

    GCM GP, as the general partner of each of GCM SPV and GCM SPV2, may be deemed to beneficially own the 8,945,196 shares of Common Stock owned in the aggregate by GCM SPV and GCM SPV2.

    Grosvenor Capital Management, as the investment manager of each of GCM SPV, GCM SPV2 and GCM SOF, may be deemed to beneficially own the 9,005,196 shares of Common Stock owned in the aggregate by GCM SPV, GCM SPV2 and GCM SOF.

    15

    CUSIP No. 565394103

    GCM, L.L.C., as the general partner of Grosvenor Capital Management, may be deemed to beneficially own the 9,005,196 shares of Common Stock owned in the aggregate by GCM SPV, GCM SPV2 and GCM SOF.

    Grosvenor Capital Holdings, as the sole member of each of GCM GP and GCM L.L.C, may be deemed to beneficially own the 9,005,196 shares of Common Stock owned in the aggregate by GCM SPV, GCM SPV2 and GCM SOF.

    GCM Holdings, as the general partner of Grosvenor Capital Holdings, may be deemed to beneficially own the 9,005,196 shares of Common Stock owned in the aggregate by GCM SPV, GCM SPV2 and GCM SOF.

    GCM Grosvenor, as the sole member of GCM Holdings, may be deemed to beneficially own the 9,005,196 shares of Common Stock owned in the aggregate by GCM SPV, GCM SPV2 and GCM SOF.

    GCM V, as a shareholder of GCM Grosvenor, may be deemed to beneficially own the 9,005,196 shares of Common Stock owned in the aggregate by GCM SPV, GCM SPV2 and GCM SOF.

    Mr. Sacks, as the manager of GCM V, may be deemed to beneficially own the 9,005,196 shares of Common Stock owned in the aggregate by GCM SPV, GCM SPV2 and GCM SOF.

    The foregoing should not be construed in and of itself as an admission by any Reporting Person as to beneficial ownership of any shares of Common Stock owned by another Reporting Person, and the filing of this statement shall not be construed as an admission that any such person or entity is the beneficial owner of any such securities.

    b)Percent of class:

    The percentages used in this Schedule 13G are calculated based upon 260,804,661 shares of Common Stock outstanding as of July 31, 2024, as reported in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on August 9, 2024.

    As of September 30, 2024, (i) GCM SPV beneficially owned approximately 3.0% of the outstanding shares of Common Stock, (ii) GCM SPV2 beneficially owned less than 1% of the outstanding shares of Common Stock, (iii) GCM SOF beneficially owned less than 1% of the outstanding shares of Common Stock, (iv) GCM GP beneficially owned approximately 3.4% of the outstanding shares of Common Stock, (v) Grosvenor Capital Management, GCM, L.L.C., Grosvenor Capital Holdings, GCM Holdings, GCM Grosvenor, GCM V, and Mr. Sacks may be deemed to beneficially own approximately 3.5% of the outstanding shares of Common Stock.

    c)Number of shares as to which such person has:
    (i)Sole power to vote or to direct the vote

    See Cover Pages Items 5-9.

    16

    CUSIP No. 565394103

    (ii)Shared power to vote or to direct the vote

    See Cover Pages Items 5-9.

    (iii)Sole power to dispose or to direct the disposition of

    See Cover Pages Items 5-9.

    (iv)Shared power to dispose or to direct the disposition of

    See Cover Pages Items 5-9.

    Item 5.Ownership of Five Percent or Less of a Class.

    If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following ¨

    Item 6.Ownership of More Than Five 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.

    See Exhibit 99.1 to the Schedule 13G filed by the Reporting Persons with the Securities and Exchange Commission on February 14, 2024. In addition, each of the Reporting Persons may be deemed to be a member of a group for purposes of Section 13(d) of the Exchange Act with D1 Capital Partners L.P. and Daniel Sundheim.

     

    Item 9.Notice of Dissolution of Group.

    Not applicable.

    Item 10.Certifications.

    Each Reporting Person hereby makes the following certification:

    By signing below each of the Reporting Persons certifies that, to the best of its 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.

    17

    CUSIP No. 565394103

    SIGNATURE

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

    Dated: November 14, 2024

    GCM GROSVENOR IC SPV, LLC  
    By:

    Grosvenor Capital Management, L.P.

    (its investment manager)

     
    By:

    GCM, L.L.C.

    (its general partner)

     
         
    By:

    /s/ Burke J. Montgomery

     
      Name: Burke J. Montgomery  
      Title: Authorized Signatory  

     

     

    GCM GROSVENOR IC SPV 2, LLC  
    By:

    Grosvenor Capital Management, L.P.

    (its investment manager)

     
    By:

    GCM, L.L.C.

    (its general partner)

     
         
    By:

    /s/ Burke J. Montgomery

     
      Name: Burke J. Montgomery  
      Title: Authorized Signatory  

     

     

    GCM SPECIAL OPPORTUNITIES MASTER FUND, LTD.  
    By:

    Grosvenor Capital Management, L.P.

    (its investment manager)

     
    By:

    GCM, L.L.C.

    (its general partner)

     
         
    By:

    /s/ Burke J. Montgomery

     
      Name: Burke J. Montgomery  
      Title: Authorized Signatory  

     

     

    GCM INVESTMENTS GP, LLC  
    By:

    Grosvenor Capital Management Holdings, LLLP

    (its sole member)

     
         
    By:

    /s/ Burke J. Montgomery

     
      Name: Burke J. Montgomery  
      Title: Authorized Signatory  

     

    18

    CUSIP No. 565394103

    GROSVENOR CAPITAL MANAGEMENT, L.P.  
    By:

    GCM, L.L.C.

    (its general partner)

     
         
    By:

    /s/ Burke J. Montgomery

     
      Name: Burke J. Montgomery  
      Title: Authorized Signatory  

     

     

    GCM, L.L.C.  
    By:

    Grosvenor Capital Management Holdings, LLLP

    (its sole member)

     
         
    By:

    /s/ Burke J. Montgomery

     
      Name: Burke J. Montgomery  
      Title: Authorized Signatory  

     

     

    GROSVENOR CAPITAL MANAGEMENT HOLDINGS, LLLP  
         
    By:

    /s/ Burke J. Montgomery

     
      Name: Burke J. Montgomery  
      Title: Authorized Signatory  

     

     

    GCM GROSVENOR HOLDINGS, LLC  
    By:

    GCM Grosvenor Inc.

    (its sole member)

     
         
    By:

    /s/ Burke J. Montgomery

     
      Name: Burke J. Montgomery  
      Title: Authorized Signatory  

     

     

    GCM GROSVENOR INC.  
    By:

    GCM V, L.L.C.

    (its shareholder)

     
         
    By:

    /s/ Burke J. Montgomery

     
      Name: Burke J. Montgomery  
      Title: Authorized Signatory  

     

     

    GCM V, L.L.C.  
         
    By:

    /s/ Burke J. Montgomery

     
      Name: Burke J. Montgomery  
      Title: Authorized Signatory  

     

     

    /s/ Michael J. Sacks

     
    MICHAEL J. SACKS  

    19

     

    Get the next $CART alert in real time by email

    Crush Q3 2025 with the Best AI Superconnector

    Stay ahead of the competition with Standout.work - your AI-powered talent-to-startup matching platform.

    AI-Powered Inbox
    Context-aware email replies
    Strategic Decision Support
    Get Started with Standout.work

    Recent Analyst Ratings for
    $CART

    DatePrice TargetRatingAnalyst
    8/8/2025$67.00Hold → Buy
    The Benchmark Company
    3/28/2025$44.00Sector Perform
    FBN Securities
    2/12/2025$62.00Buy
    Seaport Research Partners
    1/14/2025$55.00Outperform
    Mizuho
    1/14/2025$58.00Neutral → Buy
    BTIG Research
    1/13/2025$56.00Hold → Buy
    Needham
    1/10/2025$47.00Equal Weight
    Wells Fargo
    12/3/2024$37.00Hold
    Deutsche Bank
    More analyst ratings

    $CART
    Press Releases

    Fastest customizable press release news feed in the world

    View All

    INSTACART APPOINTS JOSH SILVERMAN TO BOARD OF DIRECTORS

    SAN FRANCISCO, Aug. 15, 2025 /PRNewswire/ -- Instacart (NASDAQ:CART), the leading grocery technology company in North America, today announced that Josh Silverman, Chief Executive Officer of Etsy, Inc., has joined the company's Board of Directors. "Josh is a proven marketplace innovator with a track record of scaling consumer platforms such as Etsy, Evite, and Skype," said Chris Rogers, Instacart's Chief Executive Officer. "His deep understanding of consumer technology, passion for empowering independent entrepreneurs, and commitment to sustainable growth make him an invaluabl

    8/15/25 9:00:00 AM ET
    $CART
    Real Estate

    Instacart Announces Second Quarter 2025 Financial Results

    SAN FRANCISCO, Aug. 7, 2025 /PRNewswire/ -- Instacart (NASDAQ:CART) today released financial results for its second quarter ended June 30, 2025. These financial results are available within Instacart's second quarter 2025 Shareholder Letter, which can be found on the company's Investor Relations website at https://investors.instacart.com/. Instacart management will host a conference call to discuss the company's results at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) today. An audio webcast of the conference call will be available on the company's Investor Relations website

    8/7/25 4:06:00 PM ET
    $CART
    Real Estate

    Bottlecapps Strengthens Retail Media Capabilities for Alcohol Brands with Instacart Carrot Ads

    New partnership unlocks retail media advertising opportunities for alcohol brands across Bottlecapps' network of over 1,300 alcohol retailers SAN FRANCISCO and DALLAS, Aug. 6, 2025 /PRNewswire/ -- Instacart (NASDAQ:CART), the leading grocery technology company in North America, today announced a partnership with Bottlecapps, a white-label e-commerce platform for more than 1,300 alcohol retailers, to bring Instacart Carrot Ads to Bottlecapps' platform. Bottlecapps retailers across the US and Canada will have access to Carrot Ads technology to help them build and enhance their advertising businesses.

    8/6/25 9:00:00 AM ET
    $CART
    Real Estate

    $CART
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    View All

    Instacart upgraded by The Benchmark Company with a new price target

    The Benchmark Company upgraded Instacart from Hold to Buy and set a new price target of $67.00

    8/8/25 7:57:18 AM ET
    $CART
    Real Estate

    FBN Securities initiated coverage on Instacart with a new price target

    FBN Securities initiated coverage of Instacart with a rating of Sector Perform and set a new price target of $44.00

    3/28/25 8:19:18 AM ET
    $CART
    Real Estate

    Seaport Research Partners initiated coverage on Instacart with a new price target

    Seaport Research Partners initiated coverage of Instacart with a rating of Buy and set a new price target of $62.00

    2/12/25 7:30:16 AM ET
    $CART
    Real Estate

    $CART
    SEC Filings

    View All

    SEC Form 144 filed by Maplebear Inc.

    144 - Maplebear Inc. (0001579091) (Subject)

    8/19/25 4:32:34 PM ET
    $CART
    Real Estate

    Maplebear Inc. filed SEC Form 8-K: Regulation FD Disclosure

    8-K - Maplebear Inc. (0001579091) (Filer)

    8/15/25 4:07:57 PM ET
    $CART
    Real Estate

    SEC Form 10-Q filed by Maplebear Inc.

    10-Q - Maplebear Inc. (0001579091) (Filer)

    8/8/25 4:10:26 PM ET
    $CART
    Real Estate

    $CART
    Insider Purchases

    Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

    View All

    Sc Us (Ttgp), Ltd. bought $4,115,180 worth of shares (137,472 units at $29.93) (SEC Form 4)

    4 - Maplebear Inc. (0001579091) (Issuer)

    2/27/24 7:59:46 PM ET
    $CART
    Real Estate

    Sc Us (Ttgp), Ltd. bought $4,115,180 worth of shares (137,472 units at $29.93) (SEC Form 4)

    4 - Maplebear Inc. (0001579091) (Issuer)

    2/27/24 7:56:40 PM ET
    $CART
    Real Estate

    Sc Us (Ttgp), Ltd. bought $4,115,180 worth of shares (137,472 units at $29.93) (SEC Form 4)

    4 - Maplebear Inc. (0001579091) (Issuer)

    2/27/24 7:55:48 PM ET
    $CART
    Real Estate

    $CART
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    View All

    Director Silverman Josh was granted 9,180 shares (SEC Form 4)

    4 - Maplebear Inc. (0001579091) (Issuer)

    8/19/25 4:20:01 PM ET
    $CART
    Real Estate

    SEC Form 3 filed by new insider Silverman Josh

    3 - Maplebear Inc. (0001579091) (Issuer)

    8/19/25 4:15:45 PM ET
    $CART
    Real Estate

    Former Chief Product Officer Danker Daniel covered exercise/tax liability with 24,763 shares, decreasing direct ownership by 5% to 445,427 units (SEC Form 4)

    4 - Maplebear Inc. (0001579091) (Issuer)

    8/19/25 4:12:38 PM ET
    $CART
    Real Estate

    $CART
    Leadership Updates

    Live Leadership Updates

    View All

    INSTACART APPOINTS JOSH SILVERMAN TO BOARD OF DIRECTORS

    SAN FRANCISCO, Aug. 15, 2025 /PRNewswire/ -- Instacart (NASDAQ:CART), the leading grocery technology company in North America, today announced that Josh Silverman, Chief Executive Officer of Etsy, Inc., has joined the company's Board of Directors. "Josh is a proven marketplace innovator with a track record of scaling consumer platforms such as Etsy, Evite, and Skype," said Chris Rogers, Instacart's Chief Executive Officer. "His deep understanding of consumer technology, passion for empowering independent entrepreneurs, and commitment to sustainable growth make him an invaluabl

    8/15/25 9:00:00 AM ET
    $CART
    Real Estate

    INSTACART APPOINTS CHRIS ROGERS AS CHIEF EXECUTIVE OFFICER

    SAN FRANCISCO, May 28, 2025 /PRNewswire/ -- Instacart (NASDAQ:CART), the leading grocery technology company in North America, today announced that it has appointed Chris Rogers as Chief Executive Officer, effective August 15, reporting to Instacart's Board of Directors. He'll also join Instacart's Board of Directors upon assuming the role of CEO. Fidji Simo, Instacart's current CEO, will remain Chair of the Board, helping to ensure a smooth transition. Rogers is a seasoned leader with more than 20 years of experience spanning consumer goods, technology, retail, and media. He j

    5/28/25 9:00:00 AM ET
    $CART
    Real Estate

    Instacart Delivers Its First-Ever Super Bowl Ad, with Help from a Few Iconic MVPs

    Beloved grocery brand mascots — including icons from past Super Bowl commercials — unite to show how Instacart takes care of your groceries so you can savor precious family time SAN FRANCISCO, Jan. 30, 2025 /PRNewswire/ -- Instacart (NASDAQ:CART), the leading grocery technology company in North America, today unveiled its first-ever Super Bowl commercial, which will air during the second quarter of the Big Game on Sunday, February 9, 2025. Entitled "We're Here" the 30-second spot brings together beloved icons from America's favorite grocery brands — including breakout stars from the most legendary Big Game ads of years past — for one epic delivery that is only possible with Instacart.

    1/30/25 9:00:00 AM ET
    $CART
    Real Estate

    $CART
    Financials

    Live finance-specific insights

    View All

    Instacart Announces Second Quarter 2025 Financial Results

    SAN FRANCISCO, Aug. 7, 2025 /PRNewswire/ -- Instacart (NASDAQ:CART) today released financial results for its second quarter ended June 30, 2025. These financial results are available within Instacart's second quarter 2025 Shareholder Letter, which can be found on the company's Investor Relations website at https://investors.instacart.com/. Instacart management will host a conference call to discuss the company's results at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) today. An audio webcast of the conference call will be available on the company's Investor Relations website

    8/7/25 4:06:00 PM ET
    $CART
    Real Estate

    Instacart to Report Second Quarter 2025 Financial Results on August 7, 2025

    SAN FRANCISCO, July 17, 2025 /PRNewswire/ -- Instacart (NASDAQ:CART) today announced it will report its second quarter 2025 financial results after market close on Thursday, August 7, 2025. The company's second quarter 2025 Shareholder Letter will be available on Instacart's Investor Relations website at https://investors.instacart.com. Instacart's CEO, Fidji Simo, and CFO, Emily Reuter, will also host a conference call to discuss the company's results at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on Thursday, August 7. To access a live webcast of the conference call, ple

    7/17/25 9:20:00 AM ET
    $CART
    Real Estate

    Instacart Announces First Quarter 2025 Financial Results

    SAN FRANCISCO, May 1, 2025 /PRNewswire/ -- Instacart (NASDAQ:CART) today released financial results for its first quarter ended March 31, 2025. These financial results are available within Instacart's first quarter 2025 Shareholder Letter, which can be found on the company's Investor Relations website at https://investors.instacart.com/.  Instacart management will host a conference call to discuss the company's results at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) today. An audio webcast of the conference call will be available on the company's Investor Relations website

    5/1/25 4:05:00 PM ET
    $CART
    Real Estate

    $CART
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    View All

    Amendment: SEC Form SC 13D/A filed by Maplebear Inc.

    SC 13D/A - Maplebear Inc. (0001579091) (Subject)

    11/21/24 6:50:56 PM ET
    $CART
    Real Estate

    Amendment: SEC Form SC 13G/A filed by Maplebear Inc.

    SC 13G/A - Maplebear Inc. (0001579091) (Subject)

    11/14/24 1:30:52 PM ET
    $CART
    Real Estate

    Amendment: SEC Form SC 13G/A filed by Maplebear Inc.

    SC 13G/A - Maplebear Inc. (0001579091) (Subject)

    11/14/24 12:55:38 PM ET
    $CART
    Real Estate