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Under Armour Class C

312 hedge funds and large institutions have $930M invested in Under Armour Class C in 2025 Q1 according to their latest regulatory filings, with 37 funds opening new positions, 69 increasing their positions, 93 reducing their positions, and 57 closing their positions.

New
Increased
Maintained
Reduced
Closed

1.22% more ownership

Funds ownership: 74.42%75.64% (+1.2%)

1% less call options, than puts

Call options by funds: $3.49M | Put options by funds: $3.52M

7% less funds holding

Funds holding: 336312 (-24)

20% less capital invested

Capital invested by funds: $1.16B → $930M (-$231M)

26% less repeat investments, than reductions

Existing positions increased: 69 | Existing positions reduced: 93

33% less funds holding in top 10

Funds holding in top 10: 32 (-1)

35% less first-time investments, than exits

New positions opened: 37 | Existing positions closed: 57

Holders
312
Holders Change
-24
Holders Change %
-7.14%
% of All Funds
4.18%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.03%
New
37
Increased
69
Reduced
93
Closed
57
Calls
$3.49M
Puts
$3.52M
Net Calls
-$25K
Net Calls Change
-$5.18M
Name Holding Trade Value Shares
Change
Change in
Stake
Millennium Management
51
Millennium Management
New York
$968K -$1.87M -274,925 -63%
Raymond James Financial
52
Raymond James Financial
Florida
$962K -$48.7K -7,156 -4%
QCM
53
Quantinno Capital Management
New York
$944K +$151K +22,127 +16%
Fidelity International
54
Fidelity International
Bermuda
$944K +$1.08M +158,600 New
Retirement Systems of Alabama
55
Retirement Systems of Alabama
Alabama
$928K -$12K -1,755 -1%
Ensign Peak Advisors
56
Ensign Peak Advisors
Utah
$889K
SDIC
57
South Dakota Investment Council
South Dakota
$880K
JAM
58
Jupiter Asset Management
United Kingdom
$880K -$22.1K -3,250 -2%
CF
59
Corebridge Financial
Texas
$844K -$35.7K -5,234 -4%
California State Teachers Retirement System (CalSTRS)
60
California State Teachers Retirement System (CalSTRS)
California
$782K
HighTower Advisors
61
HighTower Advisors
Illinois
$742K +$713K +104,604 +519%
TI
62
Tidal Investments
Wisconsin
$647K +$130K +19,134 +21%
T. Rowe Price Associates
63
T. Rowe Price Associates
Maryland
$634K -$34.5K -5,060 -5%
AQR Capital Management
64
AQR Capital Management
Connecticut
$587K +$478K +70,231 +247%
VFA
65
Values First Advisors
Tennessee
$546K -$4.52K -664 -0.7%
Marshall Wace
66
Marshall Wace
United Kingdom
$537K -$4.64M -681,588 -88%
Royal Bank of Canada
67
Royal Bank of Canada
Ontario, Canada
$534K -$217K -31,929 -26%
New York State Common Retirement Fund
68
New York State Common Retirement Fund
New York
$524K
Treasurer of the State of North Carolina
69
Treasurer of the State of North Carolina
North Carolina
$519K +$23.2K +3,400 +4%
Barclays
70
Barclays
United Kingdom
$469K -$1.79M -262,360 -77%
Manulife (Manufacturers Life Insurance)
71
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$450K -$3.04K -447 -0.6%
PFSRSONJ
72
Police & Firemen's Retirement System of New Jersey
New Jersey
$447K
Canada Life
73
Canada Life
Manitoba, Canada
$447K -$164K -24,072 -24%
Bank of Montreal
74
Bank of Montreal
Ontario, Canada
$436K +$313K +45,962 +168%
MIM
75
MetLife Investment Management
New Jersey
$430K -$13K -1,908 -3%

UA Hedge Fund Activity: Q1 2025 in Review

312 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in Under Armour Class C (UA) for Q1 2025, worth a combined $930M — down 20% from $1.16B a quarter earlier.

Sellers outnumbered buyers: 57 funds closed out of UA and 37 opened new positions — a net loss of 20 holders — while 93 trimmed existing stakes and 69 added.

The largest buyer was BDT Capital Partners, adding an estimated $48.7M. The largest seller was Victory Capital Management, cutting an estimated $19.6M.

  • 312 institutional investors held Under Armour Class C (UA) as of Q1 2025, down from 336 in Q4 2024.
  • Funds reported $930M of Under Armour Class C stock for Q1 2025, down 20% quarter-over-quarter.
  • 37 funds opened new Under Armour Class C positions in Q1 2025 and 57 closed out, a net change of -20 holders.
  • The largest Under Armour Class C buyer in Q1 2025 was BDT Capital Partners, an estimated $48.7M added.
  • The largest Under Armour Class C seller in Q1 2025 was Victory Capital Management, an estimated $19.6M sold.

Based on aggregated 13F filings for Q1 2025.