Under Armour Class C
422 hedge funds and large institutions have $2.14B invested in Under Armour Class C in 2017 Q3 according to their latest regulatory filings, with 58 funds opening new positions, 126 increasing their positions, 135 reducing their positions, and 71 closing their positions.
3% more ownership
Funds ownership: 61.27% → 64.27% (+3%)
7% less repeat investments, than reductions
Existing positions increased: 126 | Existing positions reduced: 135
4% less funds holding
Funds holding: 441 → 422 (-19)
18% less first-time investments, than exits
New positions opened: 58 | Existing positions closed: 71
22% less capital invested
Capital invested by funds: $2.73B → $2.14B (-$592M)
67% less call options, than puts
Call options by funds: $19M | Put options by funds: $57.9M
100% less funds holding in top 10
Funds holding in top 10: 4 → 0 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Harris Associates
Chicago,
Illinois
|
+$201M |
| 2 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
+$37.8M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$10.6M |
| 4 |
GC
GMT Capital
Atlanta,
Georgia
|
+$10.5M |
| 5 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
+$10.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Sands Capital Management
Arlington,
Virginia
|
-$38.9M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$34.8M |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$28M |
| 4 |
WCM Investment Management
Laguna Beach,
California
|
-$27.6M |
| 5 |
SAM
Sheffield Asset Management
Chicago,
Illinois
|
-$15.8M |
UA Hedge Fund Activity: Q3 2017 in Review
422 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Under Armour Class C (UA) for Q3 2017, worth a combined $2.14B — down 22% from $2.73B a quarter earlier.
Sellers outnumbered buyers: 71 funds closed out of UA and 58 opened new positions — a net loss of 13 holders — while 135 trimmed existing stakes and 126 added.
The largest buyer was Harris Associates, adding an estimated $201M. The largest seller was Sands Capital Management, cutting an estimated $38.9M.
- 422 institutional investors held Under Armour Class C (UA) as of Q3 2017, down from 441 in Q2 2017.
- Funds reported $2.14B of Under Armour Class C stock for Q3 2017, down 22% quarter-over-quarter.
- 58 funds opened new Under Armour Class C positions in Q3 2017 and 71 closed out, a net change of -13 holders.
- The largest Under Armour Class C buyer in Q3 2017 was Harris Associates, an estimated $201M added.
- The largest Under Armour Class C seller in Q3 2017 was Sands Capital Management, an estimated $38.9M sold.
Based on aggregated 13F filings for Q3 2017.