Under Armour Class C
403 hedge funds and large institutions have $1.19B invested in Under Armour Class C in 2020 Q1 according to their latest regulatory filings, with 52 funds opening new positions, 109 increasing their positions, 131 reducing their positions, and 71 closing their positions.
63% more call options, than puts
Call options by funds: $16.5M | Put options by funds: $10.1M
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
6% less funds holding
Funds holding: 428 → 403 (-25)
6.09% less ownership
Funds ownership: 70.73% → 64.64% (-6.1%)
17% less repeat investments, than reductions
Existing positions increased: 109 | Existing positions reduced: 131
27% less first-time investments, than exits
New positions opened: 52 | Existing positions closed: 71
62% less capital invested
Capital invested by funds: $3.11B → $1.19B (-$1.91B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
+$142M |
| 2 |
State of Wisconsin Investment Board
Madison,
Wisconsin
|
+$52M |
| 3 |
EFM
Ennismore Fund Management
London,
United Kingdom
|
+$27.7M |
| 4 |
Renaissance Technologies
New York
|
+$23.6M |
| 5 |
N
Nuveen
Charlotte,
North Carolina
|
+$14.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$136M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$105M |
| 3 |
Harris Associates
Chicago,
Illinois
|
-$93M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
-$72M |
| 5 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
-$62.7M |
UA Hedge Fund Activity: Q1 2020 in Review
403 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Under Armour Class C (UA) for Q1 2020, worth a combined $1.19B — down 62% from $3.11B a quarter earlier.
Sellers outnumbered buyers: 71 funds closed out of UA and 52 opened new positions — a net loss of 19 holders — while 131 trimmed existing stakes and 109 added.
The largest buyer was Lone Pine Capital, opening a new position worth an estimated $142M. The largest seller was Wellington Management Group, cutting an estimated $136M.
- 403 institutional investors held Under Armour Class C (UA) as of Q1 2020, down from 428 in Q4 2019.
- Funds reported $1.19B of Under Armour Class C stock for Q1 2020, down 62% quarter-over-quarter.
- 52 funds opened new Under Armour Class C positions in Q1 2020 and 71 closed out, a net change of -19 holders.
- The largest Under Armour Class C buyer in Q1 2020 was Lone Pine Capital, an estimated $142M added.
- The largest Under Armour Class C seller in Q1 2020 was Wellington Management Group, an estimated $136M sold.
Based on aggregated 13F filings for Q1 2020.