Under Armour
UAA
435 hedge funds and large institutions have $4B invested in Under Armour in 2021 Q1 according to their latest regulatory filings, with 74 funds opening new positions, 99 increasing their positions, 141 reducing their positions, and 55 closing their positions.
40% more capital invested
Capital invested by funds: $2.86B → $4B (+$1.14B)
35% more first-time investments, than exits
New positions opened: 74 | Existing positions closed: 55
7.39% more ownership
Funds ownership: 88.44% → 95.82% (+7.4%)
4% more funds holding
Funds holding: 418 → 435 (+17)
1% more call options, than puts
Call options by funds: $120M | Put options by funds: $119M
30% less repeat investments, than reductions
Existing positions increased: 99 | Existing positions reduced: 141
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$116M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$104M |
| 3 |
SIM
SRS Investment Management
New York
|
+$86.2M |
| 4 |
Renaissance Technologies
New York
|
+$51.9M |
| 5 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
+$41.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
-$153M |
| 2 |
Coatue Management
New York
|
-$66.7M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$61.3M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$48.4M |
| 5 |
AC
AKO Capital
London,
United Kingdom
|
-$32.2M |
UAA Hedge Fund Activity: Q1 2021 in Review
435 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Under Armour (UAA) for Q1 2021, worth a combined $4B — up 40% from $2.86B a quarter earlier.
Buyers outnumbered sellers: 74 funds opened new UAA positions and 55 closed out — a net gain of 19 holders — while 99 added to existing stakes and 141 trimmed.
The largest buyer was Ameriprise, adding an estimated $116M. The largest seller was Adage Capital Partners, cutting an estimated $153M.
- 435 institutional investors held Under Armour (UAA) as of Q1 2021, up from 418 in Q4 2020.
- Funds reported $4B of Under Armour stock for Q1 2021, up 40% quarter-over-quarter.
- 74 funds opened new Under Armour positions in Q1 2021 and 55 closed out, a net change of +19 holders.
- The largest Under Armour buyer in Q1 2021 was Ameriprise, an estimated $116M added.
- The largest Under Armour seller in Q1 2021 was Adage Capital Partners, an estimated $153M sold.
Based on aggregated 13F filings for Q1 2021.