Under Armour Class C
393 hedge funds and large institutions have $2.53B invested in Under Armour Class C in 2020 Q4 according to their latest regulatory filings, with 61 funds opening new positions, 102 increasing their positions, 117 reducing their positions, and 39 closing their positions.
57% more capital invested
Capital invested by funds: $1.61B → $2.53B (+$922M)
56% more first-time investments, than exits
New positions opened: 61 | Existing positions closed: 39
24% more call options, than puts
Call options by funds: $50.8M | Put options by funds: $41.1M
6% more funds holding
Funds holding: 372 → 393 (+21)
2.58% more ownership
Funds ownership: 70.85% → 73.43% (+2.6%)
13% less repeat investments, than reductions
Existing positions increased: 102 | Existing positions reduced: 117
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$49M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$42.7M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$31.1M |
| 4 |
Janus Henderson Group
London,
United Kingdom
|
+$16.8M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
+$14.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$26.9M |
| 2 |
N
Nuveen
Charlotte,
North Carolina
|
-$20.6M |
| 3 |
Goldman Sachs
New York
|
-$18.2M |
| 4 |
EFM
Ennismore Fund Management
London,
United Kingdom
|
-$17.3M |
| 5 |
JP Morgan Chase
New York
|
-$14.6M |
UA Hedge Fund Activity: Q4 2020 in Review
393 of the 5,652 institutional investors tracked by Wall St. Rank reported a position in Under Armour Class C (UA) for Q4 2020, worth a combined $2.53B — up 57% from $1.61B a quarter earlier.
Buyers outnumbered sellers: 61 funds opened new UA positions and 39 closed out — a net gain of 22 holders — while 102 added to existing stakes and 117 trimmed.
The largest buyer was Millennium Management, adding an estimated $49M. The largest seller was Bank of America, cutting an estimated $26.9M.
- 393 institutional investors held Under Armour Class C (UA) as of Q4 2020, up from 372 in Q3 2020.
- Funds reported $2.53B of Under Armour Class C stock for Q4 2020, up 57% quarter-over-quarter.
- 61 funds opened new Under Armour Class C positions in Q4 2020 and 39 closed out, a net change of +22 holders.
- The largest Under Armour Class C buyer in Q4 2020 was Millennium Management, an estimated $49M added.
- The largest Under Armour Class C seller in Q4 2020 was Bank of America, an estimated $26.9M sold.
Based on aggregated 13F filings for Q4 2020.