Under Armour Class C
304 hedge funds and large institutions have $994M invested in Under Armour Class C in 2025 Q2 according to their latest regulatory filings, with 32 funds opening new positions, 76 increasing their positions, 92 reducing their positions, and 39 closing their positions.
7% more capital invested
Capital invested by funds: $930M → $994M (+$64.3M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.13% less ownership
Funds ownership: 75.64% → 75.51% (-0.13%)
3% less funds holding
Funds holding: 312 → 304 (-8)
17% less repeat investments, than reductions
Existing positions increased: 76 | Existing positions reduced: 92
18% less first-time investments, than exits
New positions opened: 32 | Existing positions closed: 39
26% less call options, than puts
Call options by funds: $3.21M | Put options by funds: $4.32M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCP
BDT Capital Partners
Chicago,
Illinois
|
+$17.1M |
| 2 |
Fidelity International
Hamilton,
Bermuda
|
+$15.3M |
| 3 |
GAM
Gotham Asset Management
New York
|
+$5.78M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$5.31M |
| 5 |
Millennium Management
New York
|
+$4.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$9.26M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$8.94M |
| 3 |
Renaissance Technologies
New York
|
-$8.27M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
-$7.79M |
| 5 |
Janus Henderson Group
London,
United Kingdom
|
-$7.72M |
UA Hedge Fund Activity: Q2 2025 in Review
304 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in Under Armour Class C (UA) for Q2 2025, worth a combined $994M — up 6.9% from $930M a quarter earlier.
Sellers outnumbered buyers: 39 funds closed out of UA and 32 opened new positions — a net loss of 7 holders — while 92 trimmed existing stakes and 76 added.
The largest buyer was BDT Capital Partners, adding an estimated $17.1M. The largest seller was UBS Group, cutting an estimated $9.26M.
- 304 institutional investors held Under Armour Class C (UA) as of Q2 2025, down from 312 in Q1 2025.
- Funds reported $994M of Under Armour Class C stock for Q2 2025, up 6.9% quarter-over-quarter.
- 32 funds opened new Under Armour Class C positions in Q2 2025 and 39 closed out, a net change of -7 holders.
- The largest Under Armour Class C buyer in Q2 2025 was BDT Capital Partners, an estimated $17.1M added.
- The largest Under Armour Class C seller in Q2 2025 was UBS Group, an estimated $9.26M sold.
Based on aggregated 13F filings for Q2 2025.