Under Armour
380 hedge funds and large institutions have $8.21B invested in Under Armour in 2014 Q1 according to their latest regulatory filings, with 75 funds opening new positions, 108 increasing their positions, 143 reducing their positions, and 27 closing their positions.
178% more first-time investments, than exits
New positions opened: 75 | Existing positions closed: 27
100% more funds holding in top 10
Funds holding in top 10: 4 → 8 (+4)
23% more call options, than puts
Call options by funds: $436M | Put options by funds: $354M
22% more capital invested
Capital invested by funds: $6.76B → $8.21B (+$1.46B)
13% more funds holding
Funds holding: 336 → 380 (+44)
24% less repeat investments, than reductions
Existing positions increased: 108 | Existing positions reduced: 143
30.83% less ownership
Funds ownership: 365.6% → 334.76% (-31%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$89M |
| 2 |
Northern Trust
Chicago,
Illinois
|
+$55.8M |
| 3 |
SAM
Scopus Asset Management
New York
|
+$28.1M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$24.8M |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$18.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$183M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$84.1M |
| 3 |
William Blair & Company
Chicago,
Illinois
|
-$77.1M |
| 4 |
RIM
Rainier Investment Management
Seattle,
Washington
|
-$68.6M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$56M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WCM
401
Westend Capital Management
Sausalito,
California
| – | -$96K | -4,431 | Closed |
|
|
GF
402
Gerstein Fisher
New York
| – | -$503K | -2,747 | Closed |
|
403
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | -$31K | -1,410 | Closed |
|
|
HNB
404
Huntington National Bank
Columbus,
Ohio
| – | -$29K | -1,354 | Closed |
|
|
BWFA
405
Baltimore-Washington Financial Advisors
Columbia,
Maryland
| – | -$22K | -1,007 | Closed |
|
|
FFC
406
First Financial Corp
Terre Haute,
Indiana
| – | -$9K | -403 | Closed |
|
|
HR
407
Howe & Rusling
Rochester,
New York
| – | -$1K | -60 | Closed |
|
UAA Hedge Fund Activity: Q1 2014 in Review
380 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in Under Armour (UAA) for Q1 2014, worth a combined $8.21B — up 22% from $6.76B a quarter earlier.
Buyers outnumbered sellers: 75 funds opened new UAA positions and 27 closed out — a net gain of 48 holders — while 108 added to existing stakes and 143 trimmed.
The largest buyer was 1832 Asset Management, opening a new position worth an estimated $89M. The largest seller was Waddell & Reed Financial, cutting an estimated $183M.
- 380 institutional investors held Under Armour (UAA) as of Q1 2014, up from 336 in Q4 2013.
- Funds reported $8.21B of Under Armour stock for Q1 2014, up 22% quarter-over-quarter.
- 75 funds opened new Under Armour positions in Q1 2014 and 27 closed out, a net change of +48 holders.
- The largest Under Armour buyer in Q1 2014 was 1832 Asset Management, an estimated $89M added.
- The largest Under Armour seller in Q1 2014 was Waddell & Reed Financial, an estimated $183M sold.
Based on aggregated 13F filings for Q1 2014.