Under Armour Class C
480 hedge funds and large institutions have $3.37B invested in Under Armour Class C in 2016 Q4 according to their latest regulatory filings, with 98 funds opening new positions, 141 increasing their positions, 157 reducing their positions, and 88 closing their positions.
11% more first-time investments, than exits
New positions opened: 98 | Existing positions closed: 88
0% more funds holding
Funds holding: 479 → 480 (+1)
10% less repeat investments, than reductions
Existing positions increased: 141 | Existing positions reduced: 157
14.42% less ownership
Funds ownership: 73.12% → 58.7% (-14%)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
25% less capital invested
Capital invested by funds: $4.51B → $3.37B (-$1.14B)
54% less call options, than puts
Call options by funds: $13.7M | Put options by funds: $29.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Bares Capital Management
Austin,
Texas
|
+$120M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$39M |
| 3 |
Goldman Sachs
New York
|
+$35.9M |
| 4 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$33.8M |
| 5 |
BAMCO Inc
New York
|
+$30.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$186M |
| 2 |
Winslow Capital Management
Minneapolis,
Minnesota
|
-$90.3M |
| 3 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
-$47.1M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$35M |
| 5 |
UBS AM
Chicago,
Illinois
|
-$31.7M |
UA Hedge Fund Activity: Q4 2016 in Review
480 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Under Armour Class C (UA) for Q4 2016, worth a combined $3.37B — down 25% from $4.51B a quarter earlier.
Buyers outnumbered sellers: 98 funds opened new UA positions and 88 closed out — a net gain of 10 holders — while 141 added to existing stakes and 157 trimmed.
The largest buyer was Bares Capital Management, opening a new position worth an estimated $120M. The largest seller was Fidelity Investments, cutting an estimated $186M.
- 480 institutional investors held Under Armour Class C (UA) as of Q4 2016, up from 479 in Q3 2016.
- Funds reported $3.37B of Under Armour Class C stock for Q4 2016, down 25% quarter-over-quarter.
- 98 funds opened new Under Armour Class C positions in Q4 2016 and 88 closed out, a net change of +10 holders.
- The largest Under Armour Class C buyer in Q4 2016 was Bares Capital Management, an estimated $120M added.
- The largest Under Armour Class C seller in Q4 2016 was Fidelity Investments, an estimated $186M sold.
Based on aggregated 13F filings for Q4 2016.