Under Armour
438 hedge funds and large institutions have $3.89B invested in Under Armour in 2019 Q4 according to their latest regulatory filings, with 65 funds opening new positions, 130 increasing their positions, 138 reducing their positions, and 73 closing their positions.
8% more capital invested
Capital invested by funds: $3.6B → $3.89B (+$284M)
0.38% less ownership
Funds ownership: 96.03% → 95.65% (-0.38%)
6% less repeat investments, than reductions
Existing positions increased: 130 | Existing positions reduced: 138
4% less funds holding
Funds holding: 455 → 438 (-17)
11% less first-time investments, than exits
New positions opened: 65 | Existing positions closed: 73
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
61% less call options, than puts
Call options by funds: $72.9M | Put options by funds: $186M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
+$174M |
| 2 |
N
Nuveen
Charlotte,
North Carolina
|
+$70.1M |
| 3 |
DGI
Disciplined Growth Investors
Minneapolis,
Minnesota
|
+$44.2M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$29.1M |
| 5 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
+$18.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
-$117M |
| 2 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$61M |
| 3 |
Goldman Sachs
New York
|
-$46M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$28.8M |
| 5 |
JIM
Jupiter Investment Management
London,
United Kingdom
|
-$24.3M |
UAA Hedge Fund Activity: Q4 2019 in Review
438 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Under Armour (UAA) for Q4 2019, worth a combined $3.89B — up 7.9% from $3.6B a quarter earlier.
Sellers outnumbered buyers: 73 funds closed out of UAA and 65 opened new positions — a net loss of 8 holders — while 138 trimmed existing stakes and 130 added.
The largest buyer was Lone Pine Capital, opening a new position worth an estimated $174M. The largest seller was Adage Capital Partners, cutting an estimated $117M.
- 438 institutional investors held Under Armour (UAA) as of Q4 2019, down from 455 in Q3 2019.
- Funds reported $3.89B of Under Armour stock for Q4 2019, up 7.9% quarter-over-quarter.
- 65 funds opened new Under Armour positions in Q4 2019 and 73 closed out, a net change of -8 holders.
- The largest Under Armour buyer in Q4 2019 was Lone Pine Capital, an estimated $174M added.
- The largest Under Armour seller in Q4 2019 was Adage Capital Partners, an estimated $117M sold.
Based on aggregated 13F filings for Q4 2019.