Under Armour Class C
446 hedge funds and large institutions have $2.27B invested in Under Armour Class C in 2017 Q1 according to their latest regulatory filings, with 70 funds opening new positions, 148 increasing their positions, 142 reducing their positions, and 96 closing their positions.
4% more repeat investments, than reductions
Existing positions increased: 148 | Existing positions reduced: 142
2.78% less ownership
Funds ownership: 58.7% → 55.92% (-2.8%)
7% less funds holding
Funds holding: 481 → 446 (-35)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
27% less first-time investments, than exits
New positions opened: 70 | Existing positions closed: 96
33% less capital invested
Capital invested by funds: $3.37B → $2.27B (-$1.1B)
50% less call options, than puts
Call options by funds: $25.8M | Put options by funds: $52.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$219M |
| 2 |
MCMC
Matrix Capital Management Company
Portsmouth,
New Hampshire
|
+$104M |
| 3 |
BCM
Bares Capital Management
Austin,
Texas
|
+$68.1M |
| 4 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$40.3M |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$31.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Brown Advisory
Baltimore,
Maryland
|
-$141M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
-$90.1M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$45.9M |
| 4 |
Goldman Sachs
New York
|
-$25.5M |
| 5 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$25.4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IIC
526
Integrated Investment Consultants
Bloomfield Hills,
Michigan
| – | -$6K | -241 | Closed |
|
|
PCM
527
Penserra Capital Management
Orinda,
California
| – | -$5K | -236 | Closed |
|
|
SIC
528
Salem Investment Counselors
Winston Salem,
North Carolina
| – | -$3K | -100 | Closed |
|
|
WA
529
Winfield Associates
Cleveland,
Ohio
| – | -$3K | -100 | Closed |
|
530
EARNEST Partners
Atlanta,
Georgia
| – | -$2K | -85 | Closed |
|
|
WA
531
WFG Advisors
Dallas,
Texas
| – | -$1K | -36 | Closed |
|
|
TWA
532
TCI Wealth Advisors
Tucson,
Arizona
| – | -$1K | -33 | Closed |
|
|
WPA
533
West Paces Advisors
Atlanta,
Georgia
| – | -$378 | -15 | Closed |
|
|
RWML
534
RAFFA WEALTH MANAGEMENT, LLC
Washington,
District of Columbia
| – | -$176 | -7 | Closed |
|
535
Winslow Capital Management
Minneapolis,
Minnesota
| – | -$42 | -2 | -50% |
|
UA Hedge Fund Activity: Q1 2017 in Review
446 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in Under Armour Class C (UA) for Q1 2017, worth a combined $2.27B — down 33% from $3.37B a quarter earlier.
Sellers outnumbered buyers: 96 funds closed out of UA and 70 opened new positions — a net loss of 26 holders — while 142 trimmed existing stakes and 148 added.
The largest buyer was BlackRock, adding an estimated $219M. The largest seller was Brown Advisory, cutting an estimated $141M.
- 446 institutional investors held Under Armour Class C (UA) as of Q1 2017, down from 481 in Q4 2016.
- Funds reported $2.27B of Under Armour Class C stock for Q1 2017, down 33% quarter-over-quarter.
- 70 funds opened new Under Armour Class C positions in Q1 2017 and 96 closed out, a net change of -26 holders.
- The largest Under Armour Class C buyer in Q1 2017 was BlackRock, an estimated $219M added.
- The largest Under Armour Class C seller in Q1 2017 was Brown Advisory, an estimated $141M sold.
Based on aggregated 13F filings for Q1 2017.