Hudson Bay Capital Management’s United Airlines UAL Stock Holding History

Hudson Bay Capital Management’s Portfolio UAL Stock Details UAL Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2024 Q2	–	Sell	-40,000	Closed	-$1.92M	–	945
2024 Q1	$1.92M	Buy	+40,000	New	+$1.71M	0.01%	458
2023 Q4	–	Sell	-300,000	Closed	-$12.7M	–	898
2023 Q3	$12.7M	Buy	+300,000	New	+$15.2M	0.1%	131
2019 Q2	–	Sell	-50,000	Closed	-$3.99M	–	698
2019 Q1	$3.99M	Sell	50,000 -320,000	-86%	-$27M	0.05%	325
2018 Q4	$31M	Buy	+370,000	New	+$32.5M	0.41%	41
2018 Q3	–	Sell	-50,000	Closed	-$3.49M	–	896
2018 Q2	$3.49M	Sell	50,000 -400	-0.8%	-$27.8K	0.05%	377
2018 Q1	$3.5M	Buy	+50,400	New	+$3.48M	0.07%	314
2017 Q3	–	Sell	-66,700	Closed	-$5.02M	–	528
2017 Q2	$5.02M	Sell	66,700 -15,900	-19%	-$1.2M	0.1%	192
2017 Q1	$5.83M	Buy	82,600 +16,000	+24%	+$1.16M	0.08%	240
2016 Q4	$4.85M	Buy	66,600 +31,600	+90%	+$2.01M	0.1%	206
2016 Q3	$1.84M	Hold	35,000	–	–	0.04%	245
2016 Q2	$1.44M	Buy	+35,000	New	+$1.66M	0.04%	222

Other funds holding UAL

VCM

Vanguard Capital Management Malvern, Pennsylvania $4.04T AUM

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

Primecap Management Pasadena, California $127B AUM 44.11% 1-Year Est. Return

Sanders Capital West Palm Beach, Florida $83.9B AUM 37.89% 1-Year Est. Return

VPM

Vanguard Portfolio Management Malvern, Pennsylvania $1.91T AUM

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

Capital World Investors Los Angeles, California $733B AUM 35.63% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.61T AUM 30.72% 1-Year Est. Return

Capital International Investors Los Angeles, California $427B AUM 29.17% 1-Year Est. Return

Hudson Bay Capital Management's UAL Position: Q1 2026 in Review

Hudson Bay Capital Management reduced its United Airlines (UAL) stake by 5.4% in Q1 2026, selling an estimated $2.38M and leaving 396,459 shares worth $36.5M. The position accounts for 0.13% of the portfolio, ranked #140.

Hudson Bay Capital Management first reported a position in UAL in Q2 2015 and has held it in 24 quarters since. The position peaked at $46.9M in Q4 2025. 973 funds tracked by Wall St. Rank hold UAL as of Q1 2026.

Hudson Bay Capital Management held 396,459 shares of United Airlines worth $36.5M as of Q1 2026.
Hudson Bay Capital Management sold 22,710 United Airlines shares in Q1 2026, an estimated $2.38M.
United Airlines made up 0.13% of Hudson Bay Capital Management's portfolio in Q1 2026, its #140 holding.
Hudson Bay Capital Management first reported a position in United Airlines in Q2 2015 and has held it in 24 quarters since.
Hudson Bay Capital Management's United Airlines position peaked at $46.9M in Q4 2025.
973 funds tracked by Wall St. Rank held United Airlines as of Q1 2026.

Based on Hudson Bay Capital Management's 13F filing for Q1 2026, filed 13 May 2026.