Under Armour
492 hedge funds and large institutions have $2.56B invested in Under Armour in 2017 Q1 according to their latest regulatory filings, with 62 funds opening new positions, 185 increasing their positions, 172 reducing their positions, and 113 closing their positions.
8% more repeat investments, than reductions
Existing positions increased: 185 | Existing positions reduced: 172
5% less ownership
Funds ownership: 75.32% → 70.32% (-5%)
11% less funds holding
Funds holding: 553 → 492 (-61)
36% less capital invested
Capital invested by funds: $4.02B → $2.56B (-$1.46B)
45% less first-time investments, than exits
New positions opened: 62 | Existing positions closed: 113
50% less funds holding in top 10
Funds holding in top 10: 6 → 3 (-3)
56% less call options, than puts
Call options by funds: $152M | Put options by funds: $344M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$242M |
| 2 |
Coatue Management
New York
|
+$35.7M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$35.6M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$22.5M |
| 5 |
Capital Fund Management (CFM)
Paris,
France
|
+$14.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$112M |
| 2 |
Brown Advisory
Baltimore,
Maryland
|
-$75.8M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
-$47.3M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$36.3M |
| 5 |
TG
TCW Group
Los Angeles,
California
|
-$35M |
UAA Hedge Fund Activity: Q1 2017 in Review
492 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Under Armour (UAA) for Q1 2017, worth a combined $2.56B — down 36% from $4.02B a quarter earlier.
Sellers outnumbered buyers: 113 funds closed out of UAA and 62 opened new positions — a net loss of 51 holders — while 172 trimmed existing stakes and 185 added.
The largest buyer was BlackRock, adding an estimated $242M. The largest seller was Morgan Stanley, cutting an estimated $112M.
- 492 institutional investors held Under Armour (UAA) as of Q1 2017, down from 553 in Q4 2016.
- Funds reported $2.56B of Under Armour stock for Q1 2017, down 36% quarter-over-quarter.
- 62 funds opened new Under Armour positions in Q1 2017 and 113 closed out, a net change of -51 holders.
- The largest Under Armour buyer in Q1 2017 was BlackRock, an estimated $242M added.
- The largest Under Armour seller in Q1 2017 was Morgan Stanley, an estimated $112M sold.
Based on aggregated 13F filings for Q1 2017.