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Under Armour Class C

312 hedge funds and large institutions have $930M invested in Under Armour Class C in 2025 Q1 according to their latest regulatory filings, with 37 funds opening new positions, 69 increasing their positions, 93 reducing their positions, and 57 closing their positions.

New
Increased
Maintained
Reduced
Closed

1.22% more ownership

Funds ownership: 74.42%75.64% (+1.2%)

1% less call options, than puts

Call options by funds: $3.49M | Put options by funds: $3.52M

7% less funds holding

Funds holding: 336312 (-24)

20% less capital invested

Capital invested by funds: $1.16B → $930M (-$231M)

26% less repeat investments, than reductions

Existing positions increased: 69 | Existing positions reduced: 93

33% less funds holding in top 10

Funds holding in top 10: 32 (-1)

35% less first-time investments, than exits

New positions opened: 37 | Existing positions closed: 57

Holders
312
Holders Change
-24
Holders Change %
-7.14%
% of All Funds
4.18%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.03%
New
37
Increased
69
Reduced
93
Closed
57
Calls
$3.49M
Puts
$3.52M
Net Calls
-$25K
Net Calls Change
-$5.18M
Name Holding Trade Value Shares
Change
Change in
Stake
BCP
1
BDT Capital Partners
Illinois
$354M +$48.7M +7,149,056 +14%
Vanguard Group
2
Vanguard Group
Pennsylvania
$96.3M -$707K -103,735 -0.6%
BlackRock
3
BlackRock
New York
$86.1M +$708K +104,006 +0.7%
Dimensional Fund Advisors
4
Dimensional Fund Advisors
Texas
$70.4M +$2.62M +384,641 +3%
State Street
5
State Street
Massachusetts
$28.3M +$204K +29,931 +0.6%
Massachusetts Financial Services
6
Massachusetts Financial Services
Massachusetts
$23.2M -$644K -94,607 -2%
Neuberger Berman Group
7
Neuberger Berman Group
New York
$23M -$1.16M -169,979 -4%
American Century Companies
8
American Century Companies
Missouri
$18.6M +$6.01M +881,934 +39%
Geode Capital Management
9
Geode Capital Management
Massachusetts
$16.5M +$428K +62,770 +2%
Norges Bank
10
Norges Bank
Norway
$14.9M
Renaissance Technologies
11
Renaissance Technologies
New York
$13.1M +$6.24M +915,500 +71%
UBS Group
12
UBS Group
Switzerland
$11M +$4.82M +706,956 +62%
Victory Capital Management
13
Victory Capital Management
Texas
$11M -$19.6M -2,876,340 -61%
D.E. Shaw & Co
14
D.E. Shaw & Co
New York
$10.1M +$3.6M +529,143 +45%
Bank of America
15
Bank of America
North Carolina
$9.7M +$509K +74,717 +5%
Boston Partners
16
Boston Partners
Massachusetts
$8.96M -$1.47M -216,076 -13%
Janus Henderson Group
17
Janus Henderson Group
United Kingdom
$8.25M
Northern Trust
18
Northern Trust
Illinois
$6.97M -$381K -55,982 -5%
Morgan Stanley
19
Morgan Stanley
New York
$6.96M -$5.48M -804,710 -41%
N
20
Nuveen
North Carolina
$6.7M -$6.85M -1,005,556 -47%
Corient Private Wealth
21
Corient Private Wealth
Florida
$5.97M -$6.01K -882 -0.1%
FG
22
Formula Growth
Quebec, Canada
$5.95M
Bank of New York Mellon
23
Bank of New York Mellon
New York
$5.25M -$381K -55,870 -6%
TI
24
Trexquant Investment
Connecticut
$5.12M +$5.86M +860,868 New
Citadel Advisors
25
Citadel Advisors
Florida
$4.01M +$4.59M +674,083 New

UA Hedge Fund Activity: Q1 2025 in Review

312 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in Under Armour Class C (UA) for Q1 2025, worth a combined $930M — down 20% from $1.16B a quarter earlier.

Sellers outnumbered buyers: 57 funds closed out of UA and 37 opened new positions — a net loss of 20 holders — while 93 trimmed existing stakes and 69 added.

The largest buyer was BDT Capital Partners, adding an estimated $48.7M. The largest seller was Victory Capital Management, cutting an estimated $19.6M.

  • 312 institutional investors held Under Armour Class C (UA) as of Q1 2025, down from 336 in Q4 2024.
  • Funds reported $930M of Under Armour Class C stock for Q1 2025, down 20% quarter-over-quarter.
  • 37 funds opened new Under Armour Class C positions in Q1 2025 and 57 closed out, a net change of -20 holders.
  • The largest Under Armour Class C buyer in Q1 2025 was BDT Capital Partners, an estimated $48.7M added.
  • The largest Under Armour Class C seller in Q1 2025 was Victory Capital Management, an estimated $19.6M sold.

Based on aggregated 13F filings for Q1 2025.