diff --git a/news/3934.fixed.md b/news/3934.fixed.md
new file mode 100644
index 0000000000..a30f475770
--- /dev/null
+++ b/news/3934.fixed.md
@@ -0,0 +1,7 @@
+(pypi) `pip.parse(uv_lock = ...)` no longer exposes uv workspace/root members
+that resolve to no wheel or sdist (e.g. `source = { virtual = "." }` or editable
+installs). Previously these source-less packages were added to the hub's
+`all_requirements` / `all_whl_requirements` with an alias to a subpackage that
+does not exist, breaking analysis for anything enumerating the full set such as
+`modules_mapping(wheels = all_whl_requirements)`
+([#3934](https://github.com/bazel-contrib/rules_python/issues/3934)).
diff --git a/python/private/pypi/parse_requirements.bzl b/python/private/pypi/parse_requirements.bzl
index be3ad9a5e5..648ec9e65c 100644
--- a/python/private/pypi/parse_requirements.bzl
+++ b/python/private/pypi/parse_requirements.bzl
@@ -292,7 +292,14 @@ def _parse_uv_lock_json(uv_lock, all_platforms, logger, extra_pip_args = None, p
         versions = sorted(info["versions"].keys())
         item = struct(
             name = norm_name,
-            is_exposed = True,
+            # Only expose packages that resolved to at least one source. uv
+            # workspace/root members (e.g. `source = { virtual = "." }` or
+            # editable installs) resolve to no wheel/sdist, so exposing them
+            # would add a dangling entry to the hub's `all_requirements` /
+            # `all_whl_requirements` and create an alias to a subpackage that
+            # doesn't exist. This mirrors the requirements path, which also
+            # gates `is_exposed`.
+            is_exposed = bool(info["resolved_srcs"]),
             is_multiple_versions = len(versions) > 1,
             index_url = info["index_url"],
             srcs = info["resolved_srcs"],
diff --git a/tests/pypi/parse_requirements/parse_requirements_tests.bzl b/tests/pypi/parse_requirements/parse_requirements_tests.bzl
index 576a31ae5d..57b3ea5d3e 100644
--- a/tests/pypi/parse_requirements/parse_requirements_tests.bzl
+++ b/tests/pypi/parse_requirements/parse_requirements_tests.bzl
@@ -1193,7 +1193,7 @@ def _test_uv_lock_primary_source_includes_virtual(env):
         struct(
             name = "virtual_pkg",
             index_url = "",
-            is_exposed = True,
+            is_exposed = False,
             is_multiple_versions = False,
             srcs = [],
         ),
@@ -1620,7 +1620,7 @@ def _test_uv_lock_requires_dist_extras(env):
         struct(
             name = "root_pkg",
             index_url = "",
-            is_exposed = True,
+            is_exposed = False,
             is_multiple_versions = False,
             srcs = [],
         ),