Under Armour Class C
338 hedge funds and large institutions have $1.04B invested in Under Armour Class C in 2023 Q2 according to their latest regulatory filings, with 36 funds opening new positions, 74 increasing their positions, 105 reducing their positions, and 40 closing their positions.
154% more call options, than puts
Call options by funds: $15.7M | Put options by funds: $6.18M
4.87% more ownership
Funds ownership: 65.03% → 69.9% (+4.9%)
1% less funds holding
Funds holding: 342 → 338 (-4)
10% less first-time investments, than exits
New positions opened: 36 | Existing positions closed: 40
15% less capital invested
Capital invested by funds: $1.22B → $1.04B (-$184M)
30% less repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 105
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCP
BDT Capital Partners
Chicago,
Illinois
|
+$190M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$14.9M |
| 3 |
Neuberger Berman Group
New York
|
+$13.9M |
| 4 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$8.06M |
| 5 |
D.E. Shaw & Co
New York
|
+$5.14M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State of Wisconsin Investment Board
Madison,
Wisconsin
|
-$25.3M |
| 2 |
ESCM
Echo Street Capital Management
New York
|
-$24.1M |
| 3 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$22.8M |
| 4 |
DCM
Dorsal Capital Management
Redwood City,
California
|
-$18.4M |
| 5 |
Norges Bank
Oslo,
Norway
|
-$13.5M |
UA Hedge Fund Activity: Q2 2023 in Review
338 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Under Armour Class C (UA) for Q2 2023, worth a combined $1.04B — down 15% from $1.22B a quarter earlier.
Sellers outnumbered buyers: 40 funds closed out of UA and 36 opened new positions — a net loss of 4 holders — while 105 trimmed existing stakes and 74 added.
The largest buyer was BDT Capital Partners, adding an estimated $190M. The largest seller was State of Wisconsin Investment Board, cutting an estimated $25.3M.
- 338 institutional investors held Under Armour Class C (UA) as of Q2 2023, down from 342 in Q1 2023.
- Funds reported $1.04B of Under Armour Class C stock for Q2 2023, down 15% quarter-over-quarter.
- 36 funds opened new Under Armour Class C positions in Q2 2023 and 40 closed out, a net change of -4 holders.
- The largest Under Armour Class C buyer in Q2 2023 was BDT Capital Partners, an estimated $190M added.
- The largest Under Armour Class C seller in Q2 2023 was State of Wisconsin Investment Board, an estimated $25.3M sold.
Based on aggregated 13F filings for Q2 2023.