Under Armour
470 hedge funds and large institutions have $2.94B invested in Under Armour in 2017 Q2 according to their latest regulatory filings, with 53 funds opening new positions, 158 increasing their positions, 167 reducing their positions, and 71 closing their positions.
15% more capital invested
Capital invested by funds: $2.56B → $2.94B (+$378M)
2.84% more ownership
Funds ownership: 70.32% → 73.16% (+2.8%)
5% less repeat investments, than reductions
Existing positions increased: 158 | Existing positions reduced: 167
4% less funds holding
Funds holding: 492 → 470 (-22)
25% less first-time investments, than exits
New positions opened: 53 | Existing positions closed: 71
57% less call options, than puts
Call options by funds: $177M | Put options by funds: $409M
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$135M |
| 2 |
Sands Capital Management
Arlington,
Virginia
|
+$46M |
| 3 |
BAMCO Inc
New York
|
+$27.1M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$22.7M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
+$20M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Coatue Management
New York
|
-$30.3M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$20.3M |
| 3 |
CC
Carve Capital
Stockholm,
Sweden
|
-$16.9M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$16.6M |
| 5 |
Citigroup
New York
|
-$14.5M |
UAA Hedge Fund Activity: Q2 2017 in Review
470 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Under Armour (UAA) for Q2 2017, worth a combined $2.94B — up 15% from $2.56B a quarter earlier.
Sellers outnumbered buyers: 71 funds closed out of UAA and 53 opened new positions — a net loss of 18 holders — while 167 trimmed existing stakes and 158 added.
The largest buyer was Baillie Gifford & Co, adding an estimated $135M. The largest seller was Coatue Management, exiting entirely with an estimated $30.3M sold.
- 470 institutional investors held Under Armour (UAA) as of Q2 2017, down from 492 in Q1 2017.
- Funds reported $2.94B of Under Armour stock for Q2 2017, up 15% quarter-over-quarter.
- 53 funds opened new Under Armour positions in Q2 2017 and 71 closed out, a net change of -18 holders.
- The largest Under Armour buyer in Q2 2017 was Baillie Gifford & Co, an estimated $135M added.
- The largest Under Armour seller in Q2 2017 was Coatue Management, an estimated $30.3M sold.
Based on aggregated 13F filings for Q2 2017.