Under Armour
381 hedge funds and large institutions have $1.53B invested in Under Armour in 2023 Q1 according to their latest regulatory filings, with 63 funds opening new positions, 88 increasing their positions, 127 reducing their positions, and 48 closing their positions.
31% more first-time investments, than exits
New positions opened: 63 | Existing positions closed: 48
2% more funds holding
Funds holding: 374 → 381 (+7)
0.87% less ownership
Funds ownership: 84.39% → 83.51% (-0.87%)
5% less capital invested
Capital invested by funds: $1.6B → $1.53B (-$73.5M)
26% less call options, than puts
Call options by funds: $29.1M | Put options by funds: $39.6M
31% less repeat investments, than reductions
Existing positions increased: 88 | Existing positions reduced: 127
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SP
Sarasin & Partners
London,
United Kingdom
|
+$27.5M |
| 2 |
Millennium Management
New York
|
+$25.4M |
| 3 |
ECM
ExodusPoint Capital Management
New York
|
+$22.9M |
| 4 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$22.7M |
| 5 |
NCM
Nine27 Capital Management
New York
|
+$20.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$50.8M |
| 2 |
Pacer Advisors
Malvern,
Pennsylvania
|
-$39.8M |
| 3 |
Barclays
London,
United Kingdom
|
-$25.1M |
| 4 |
Goldman Sachs
New York
|
-$19M |
| 5 |
Alyeska Investment Group
Chicago,
Illinois
|
-$17.2M |
UAA Hedge Fund Activity: Q1 2023 in Review
381 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Under Armour (UAA) for Q1 2023, worth a combined $1.53B — down 4.6% from $1.6B a quarter earlier.
Buyers outnumbered sellers: 63 funds opened new UAA positions and 48 closed out — a net gain of 15 holders — while 88 added to existing stakes and 127 trimmed.
The largest buyer was Sarasin & Partners, adding an estimated $27.5M. The largest seller was Arrowstreet Capital, cutting an estimated $50.8M.
- 381 institutional investors held Under Armour (UAA) as of Q1 2023, up from 374 in Q4 2022.
- Funds reported $1.53B of Under Armour stock for Q1 2023, down 4.6% quarter-over-quarter.
- 63 funds opened new Under Armour positions in Q1 2023 and 48 closed out, a net change of +15 holders.
- The largest Under Armour buyer in Q1 2023 was Sarasin & Partners, an estimated $27.5M added.
- The largest Under Armour seller in Q1 2023 was Arrowstreet Capital, an estimated $50.8M sold.
Based on aggregated 13F filings for Q1 2023.