Under Armour Class C
363 hedge funds and large institutions have $1.43B invested in Under Armour Class C in 2020 Q2 according to their latest regulatory filings, with 43 funds opening new positions, 94 increasing their positions, 112 reducing their positions, and 81 closing their positions.
122% more call options, than puts
Call options by funds: $22.9M | Put options by funds: $10.3M
20% more capital invested
Capital invested by funds: $1.19B → $1.43B (+$239M)
5.45% more ownership
Funds ownership: 64.63% → 70.09% (+5.5%)
10% less funds holding
Funds holding: 403 → 363 (-40)
16% less repeat investments, than reductions
Existing positions increased: 94 | Existing positions reduced: 112
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
47% less first-time investments, than exits
New positions opened: 43 | Existing positions closed: 81
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$56.7M |
| 2 |
Janus Henderson Group
London,
|
+$40.8M |
| 3 |
Adage Capital Partners
Boston,
Massachusetts
|
+$35.2M |
| 4 |
Millennium Management
New York
|
+$20M |
| 5 |
Nuveen
Charlotte,
North Carolina
|
+$19.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
-$79.7M |
| 2 |
BCM
Bares Capital Management
Austin,
Texas
|
-$72.8M |
| 3 |
State Street
Boston,
Massachusetts
|
-$13.2M |
| 4 |
Renaissance Technologies
New York
|
-$12.4M |
| 5 |
BlackRock
New York
|
-$11M |
UA Hedge Fund Activity: Q2 2020 in Review
363 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in Under Armour Class C (UA) for Q2 2020, worth a combined $1.43B — up 20% from $1.19B a quarter earlier.
Sellers outnumbered buyers: 81 funds closed out of UA and 43 opened new positions — a net loss of 38 holders — while 112 trimmed existing stakes and 94 added.
The largest buyer was Wellington Management Group, adding an estimated $56.7M. The largest seller was Lone Pine Capital, exiting entirely with an estimated $79.7M sold.
- 363 institutional investors held Under Armour Class C (UA) as of Q2 2020, down from 403 in Q1 2020.
- Funds reported $1.43B of Under Armour Class C stock for Q2 2020, up 20% quarter-over-quarter.
- 43 funds opened new Under Armour Class C positions in Q2 2020 and 81 closed out, a net change of -38 holders.
- The largest Under Armour Class C buyer in Q2 2020 was Wellington Management Group, an estimated $56.7M added.
- The largest Under Armour Class C seller in Q2 2020 was Lone Pine Capital, an estimated $79.7M sold.
Based on aggregated 13F filings for Q2 2020.