Under Armour Class C
413 hedge funds and large institutions have $2.87B invested in Under Armour Class C in 2019 Q3 according to their latest regulatory filings, with 36 funds opening new positions, 119 increasing their positions, 129 reducing their positions, and 64 closing their positions.
34% more call options, than puts
Call options by funds: $22.9M | Put options by funds: $17.1M
2.67% more ownership
Funds ownership: 66.54% → 69.21% (+2.7%)
8% less repeat investments, than reductions
Existing positions increased: 119 | Existing positions reduced: 129
7% less funds holding
Funds holding: 445 → 413 (-32)
15% less capital invested
Capital invested by funds: $3.37B → $2.87B (-$504M)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
44% less first-time investments, than exits
New positions opened: 36 | Existing positions closed: 64
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
+$139M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$39.7M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$22.1M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$19.2M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
+$8.66M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$38.8M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$12.7M |
| 3 |
SCM
Segantii Capital Management
Hong Kong
|
-$10.1M |
| 4 |
Goldman Sachs
New York
|
-$8.99M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$8.74M |
UA Hedge Fund Activity: Q3 2019 in Review
413 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in Under Armour Class C (UA) for Q3 2019, worth a combined $2.87B — down 15% from $3.37B a quarter earlier.
Sellers outnumbered buyers: 64 funds closed out of UA and 36 opened new positions — a net loss of 28 holders — while 129 trimmed existing stakes and 119 added.
The largest buyer was Adage Capital Partners, adding an estimated $139M. The largest seller was Fidelity Investments, cutting an estimated $38.8M.
- 413 institutional investors held Under Armour Class C (UA) as of Q3 2019, down from 445 in Q2 2019.
- Funds reported $2.87B of Under Armour Class C stock for Q3 2019, down 15% quarter-over-quarter.
- 36 funds opened new Under Armour Class C positions in Q3 2019 and 64 closed out, a net change of -28 holders.
- The largest Under Armour Class C buyer in Q3 2019 was Adage Capital Partners, an estimated $139M added.
- The largest Under Armour Class C seller in Q3 2019 was Fidelity Investments, an estimated $38.8M sold.
Based on aggregated 13F filings for Q3 2019.