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Under Armour Class C

334 hedge funds and large institutions have $1.34B invested in Under Armour Class C in 2023 Q4 according to their latest regulatory filings, with 47 funds opening new positions, 84 increasing their positions, 96 reducing their positions, and 46 closing their positions.

New
Increased
Maintained
Reduced
Closed

391% more call options, than puts

Call options by funds: $27.1M | Put options by funds: $5.53M

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

38% more capital invested

Capital invested by funds: $970M → $1.34B (+$367M)

6.05% more ownership

Funds ownership: 68.45%74.51% (+6.1%)

2% more first-time investments, than exits

New positions opened: 47 | Existing positions closed: 46

0% less funds holding

Funds holding: 335334 (-1)

13% less repeat investments, than reductions

Existing positions increased: 84 | Existing positions reduced: 96

Holders
334
Holders Change
-1
Holders Change %
-0.3%
% of All Funds
4.87%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.03%
New
47
Increased
84
Reduced
96
Closed
46
Calls
$27.1M
Puts
$5.53M
Net Calls
+$21.6M
Net Calls Change
+$5.51M
Name Holding Trade Value Shares
Change
Change in
Stake
BCP
1
BDT Capital Partners
Illinois
$359M +$57.3M +7,919,165 +23%
Vanguard Group
2
Vanguard Group
Pennsylvania
$164M +$253K +34,965 +0.2%
BlackRock
3
BlackRock
New York
$140M -$1.56M -215,142 -1%
Dimensional Fund Advisors
4
Dimensional Fund Advisors
Texas
$76.9M +$14.9M +2,065,273 +29%
ACH
5
ArrowMark Colorado Holdings
Colorado
$63.6M -$6.85M -947,557 -11%
State Street
6
State Street
Massachusetts
$47.8M +$264K +36,540 +0.6%
Victory Capital Management
7
Victory Capital Management
Texas
$37.6M -$1.47M -202,642 -4%
Massachusetts Financial Services
8
Massachusetts Financial Services
Massachusetts
$35.2M +$162K +22,364 +0.5%
Morgan Stanley
9
Morgan Stanley
New York
$27.4M +$12.1M +1,678,665 +104%
Geode Capital Management
10
Geode Capital Management
Massachusetts
$25.1M +$190K +26,249 +0.9%
Neuberger Berman Group
11
Neuberger Berman Group
New York
$23.2M +$6.34M +877,120 +46%
D.E. Shaw & Co
12
D.E. Shaw & Co
New York
$21.9M -$11M -1,525,723 -37%
DCM
13
Dorsal Capital Management
California
$20.9M -$3.62M -500,000 -17%
Norges Bank
14
Norges Bank
Norway
$19.7M -$1.83M -252,841 -10%
Arrowstreet Capital
15
Arrowstreet Capital
Massachusetts
$16.9M +$11.7M +1,611,658 +389%
ICM
16
Invenomic Capital Management
Massachusetts
$14.8M -$6.18M -854,656 -33%
Bank of New York Mellon
17
Bank of New York Mellon
New York
$12.4M -$342K -47,240 -3%
N
18
Nuveen
North Carolina
$12.1M -$13.7K -1,889 -0.1%
Northern Trust
19
Northern Trust
Illinois
$11.4M +$72.7K +10,059 +0.7%
CIM
20
Cambria Investment Management
California
$10M +$8.66M +1,197,589 New
Corient Private Wealth
21
Corient Private Wealth
Florida
$8.43M +$114K +15,755 +2%
Susquehanna International Group
22
Susquehanna International Group
Pennsylvania
$6.97M +$4.02M +555,365 +199%
Renaissance Technologies
23
Renaissance Technologies
New York
$6.69M +$2.55M +353,000 +79%
JP Morgan Chase
24
JP Morgan Chase
New York
$6.13M +$2.39M +330,601 +82%
HSBC Holdings
25
HSBC Holdings
United Kingdom
$5.99M +$753K +104,129 +17%

UA Hedge Fund Activity: Q4 2023 in Review

334 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Under Armour Class C (UA) for Q4 2023, worth a combined $1.34B — up 38% from $970M a quarter earlier.

Buyers outnumbered sellers: 47 funds opened new UA positions and 46 closed out — a net gain of 1 holder — while 84 added to existing stakes and 96 trimmed.

The largest buyer was BDT Capital Partners, adding an estimated $57.3M. The largest seller was D.E. Shaw & Co, cutting an estimated $11M.

  • 334 institutional investors held Under Armour Class C (UA) as of Q4 2023, down from 335 in Q3 2023.
  • Funds reported $1.34B of Under Armour Class C stock for Q4 2023, up 38% quarter-over-quarter.
  • 47 funds opened new Under Armour Class C positions in Q4 2023 and 46 closed out, a net change of +1 holder.
  • The largest Under Armour Class C buyer in Q4 2023 was BDT Capital Partners, an estimated $57.3M added.
  • The largest Under Armour Class C seller in Q4 2023 was D.E. Shaw & Co, an estimated $11M sold.

Based on aggregated 13F filings for Q4 2023.