Under Armour Class C
342 hedge funds and large institutions have $1.22B invested in Under Armour Class C in 2023 Q1 according to their latest regulatory filings, with 36 funds opening new positions, 63 increasing their positions, 120 reducing their positions, and 41 closing their positions.
1.21% more ownership
Funds ownership: 63.82% → 65.03% (+1.2%)
3% less funds holding
Funds holding: 353 → 342 (-11)
5% less capital invested
Capital invested by funds: $1.29B → $1.22B (-$64.6M)
12% less first-time investments, than exits
New positions opened: 36 | Existing positions closed: 41
33% less call options, than puts
Call options by funds: $7.25M | Put options by funds: $10.8M
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
48% less repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 120
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCP
BDT Capital Partners
Chicago,
Illinois
|
+$68.4M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
+$29.5M |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$28M |
| 4 |
Janus Henderson Group
London,
United Kingdom
|
+$24M |
| 5 |
Millennium Management
New York
|
+$23.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Dorsal Capital Management
Redwood City,
California
|
-$57.9M |
| 2 |
Citigroup
New York
|
-$29.1M |
| 3 |
N
Nuveen
Charlotte,
North Carolina
|
-$25.2M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$22.1M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$18.4M |
UA Hedge Fund Activity: Q1 2023 in Review
342 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Under Armour Class C (UA) for Q1 2023, worth a combined $1.22B — down 5% from $1.29B a quarter earlier.
Sellers outnumbered buyers: 41 funds closed out of UA and 36 opened new positions — a net loss of 5 holders — while 120 trimmed existing stakes and 63 added.
The largest buyer was BDT Capital Partners, opening a new position worth an estimated $68.4M. The largest seller was Dorsal Capital Management, cutting an estimated $57.9M.
- 342 institutional investors held Under Armour Class C (UA) as of Q1 2023, down from 353 in Q4 2022.
- Funds reported $1.22B of Under Armour Class C stock for Q1 2023, down 5% quarter-over-quarter.
- 36 funds opened new Under Armour Class C positions in Q1 2023 and 41 closed out, a net change of -5 holders.
- The largest Under Armour Class C buyer in Q1 2023 was BDT Capital Partners, an estimated $68.4M added.
- The largest Under Armour Class C seller in Q1 2023 was Dorsal Capital Management, an estimated $57.9M sold.
Based on aggregated 13F filings for Q1 2023.