Under Armour
455 hedge funds and large institutions have $3.6B invested in Under Armour in 2019 Q3 according to their latest regulatory filings, with 45 funds opening new positions, 138 increasing their positions, 154 reducing their positions, and 92 closing their positions.
2.57% more ownership
Funds ownership: 93.46% → 96.03% (+2.6%)
10% less funds holding
Funds holding: 507 → 455 (-52)
10% less repeat investments, than reductions
Existing positions increased: 138 | Existing positions reduced: 154
19% less capital invested
Capital invested by funds: $4.45B → $3.6B (-$850M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
46% less call options, than puts
Call options by funds: $66.7M | Put options by funds: $124M
51% less first-time investments, than exits
New positions opened: 45 | Existing positions closed: 92
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
American Century Companies
Kansas City,
Missouri
|
+$101M |
| 2 |
Adage Capital Partners
Boston,
Massachusetts
|
+$86.6M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$75.6M |
| 4 |
Goldman Sachs
New York
|
+$28.6M |
| 5 |
JIM
Jupiter Investment Management
London,
United Kingdom
|
+$24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$66.5M |
| 2 |
D.E. Shaw & Co
New York
|
-$43.1M |
| 3 |
N
Nuveen
Charlotte,
North Carolina
|
-$28.8M |
| 4 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$24.3M |
| 5 |
Morgan Stanley
New York
|
-$19.7M |
UAA Hedge Fund Activity: Q3 2019 in Review
455 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Under Armour (UAA) for Q3 2019, worth a combined $3.6B — down 19% from $4.45B a quarter earlier.
Sellers outnumbered buyers: 92 funds closed out of UAA and 45 opened new positions — a net loss of 47 holders — while 154 trimmed existing stakes and 138 added.
The largest buyer was American Century Companies, opening a new position worth an estimated $101M. The largest seller was Citadel Advisors, cutting an estimated $66.5M.
- 455 institutional investors held Under Armour (UAA) as of Q3 2019, down from 507 in Q2 2019.
- Funds reported $3.6B of Under Armour stock for Q3 2019, down 19% quarter-over-quarter.
- 45 funds opened new Under Armour positions in Q3 2019 and 92 closed out, a net change of -47 holders.
- The largest Under Armour buyer in Q3 2019 was American Century Companies, an estimated $101M added.
- The largest Under Armour seller in Q3 2019 was Citadel Advisors, an estimated $66.5M sold.
Based on aggregated 13F filings for Q3 2019.