Under Armour Class C
393 hedge funds and large institutions have $2.73B invested in Under Armour Class C in 2022 Q1 according to their latest regulatory filings, with 49 funds opening new positions, 108 increasing their positions, 121 reducing their positions, and 55 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
44% more call options, than puts
Call options by funds: $47.7M | Put options by funds: $33.1M
0.9% less ownership
Funds ownership: 70.15% → 69.25% (-0.9%)
3% less funds holding
Funds holding: 404 → 393 (-11)
11% less repeat investments, than reductions
Existing positions increased: 108 | Existing positions reduced: 121
11% less first-time investments, than exits
New positions opened: 49 | Existing positions closed: 55
15% less capital invested
Capital invested by funds: $3.2B → $2.73B (-$474M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Dorsal Capital Management
Redwood City,
California
|
+$157M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$49.2M |
| 3 |
N
Natixis
Paris,
France
|
+$17M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$16M |
| 5 |
N
Nuveen
Charlotte,
North Carolina
|
+$14.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$66.7M |
| 2 |
State of Wisconsin Investment Board
Madison,
Wisconsin
|
-$38.9M |
| 3 |
Norges Bank
Oslo,
Norway
|
-$31.2M |
| 4 |
CU
CQS (US)
New York
|
-$30.3M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$27.6M |
UA Hedge Fund Activity: Q1 2022 in Review
393 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Under Armour Class C (UA) for Q1 2022, worth a combined $2.73B — down 15% from $3.2B a quarter earlier.
Sellers outnumbered buyers: 55 funds closed out of UA and 49 opened new positions — a net loss of 6 holders — while 121 trimmed existing stakes and 108 added.
The largest buyer was Dorsal Capital Management, opening a new position worth an estimated $157M. The largest seller was Arrowstreet Capital, exiting entirely with an estimated $66.7M sold.
- 393 institutional investors held Under Armour Class C (UA) as of Q1 2022, down from 404 in Q4 2021.
- Funds reported $2.73B of Under Armour Class C stock for Q1 2022, down 15% quarter-over-quarter.
- 49 funds opened new Under Armour Class C positions in Q1 2022 and 55 closed out, a net change of -6 holders.
- The largest Under Armour Class C buyer in Q1 2022 was Dorsal Capital Management, an estimated $157M added.
- The largest Under Armour Class C seller in Q1 2022 was Arrowstreet Capital, an estimated $66.7M sold.
Based on aggregated 13F filings for Q1 2022.