Under Armour
385 hedge funds and large institutions have $1.19B invested in Under Armour in 2024 Q1 according to their latest regulatory filings, with 64 funds opening new positions, 138 increasing their positions, 86 reducing their positions, and 49 closing their positions.
60% more repeat investments, than reductions
Existing positions increased: 138 | Existing positions reduced: 86
31% more first-time investments, than exits
New positions opened: 64 | Existing positions closed: 49
2.82% more ownership
Funds ownership: 82.28% → 85.1% (+2.8%)
2% more funds holding
Funds holding: 376 → 385 (+9)
13% less capital invested
Capital invested by funds: $1.37B → $1.19B (-$179M)
74% less call options, than puts
Call options by funds: $24.2M | Put options by funds: $92.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MFS
Mirabella Financial Services
London,
United Kingdom
|
+$36.4M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$19.9M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$13.5M |
| 4 |
Walleye Trading
New York
|
+$10.3M |
| 5 |
JAM
Jupiter Asset Management
London,
United Kingdom
|
+$9.64M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$32.8M |
| 2 |
SP
Sarasin & Partners
London,
United Kingdom
|
-$22.6M |
| 3 |
CU
CQS (US)
New York
|
-$20.4M |
| 4 |
Alyeska Investment Group
Chicago,
Illinois
|
-$17.9M |
| 5 |
GT
Glenmede Trust
Philadelphia,
Pennsylvania
|
-$13.4M |
UAA Hedge Fund Activity: Q1 2024 in Review
385 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Under Armour (UAA) for Q1 2024, worth a combined $1.19B — down 13% from $1.37B a quarter earlier.
Buyers outnumbered sellers: 64 funds opened new UAA positions and 49 closed out — a net gain of 15 holders — while 138 added to existing stakes and 86 trimmed.
The largest buyer was Mirabella Financial Services, adding an estimated $36.4M. The largest seller was Morgan Stanley, cutting an estimated $32.8M.
- 385 institutional investors held Under Armour (UAA) as of Q1 2024, up from 376 in Q4 2023.
- Funds reported $1.19B of Under Armour stock for Q1 2024, down 13% quarter-over-quarter.
- 64 funds opened new Under Armour positions in Q1 2024 and 49 closed out, a net change of +15 holders.
- The largest Under Armour buyer in Q1 2024 was Mirabella Financial Services, an estimated $36.4M added.
- The largest Under Armour seller in Q1 2024 was Morgan Stanley, an estimated $32.8M sold.
Based on aggregated 13F filings for Q1 2024.