Under Armour
447 hedge funds and large institutions have $2.27B invested in Under Armour in 2017 Q3 according to their latest regulatory filings, with 48 funds opening new positions, 130 increasing their positions, 175 reducing their positions, and 63 closing their positions.
1.21% more ownership
Funds ownership: 73.16% → 74.36% (+1.2%)
5% less funds holding
Funds holding: 470 → 447 (-23)
23% less capital invested
Capital invested by funds: $2.94B → $2.27B (-$673M)
24% less first-time investments, than exits
New positions opened: 48 | Existing positions closed: 63
26% less repeat investments, than reductions
Existing positions increased: 130 | Existing positions reduced: 175
53% less call options, than puts
Call options by funds: $155M | Put options by funds: $332M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DGI
Disciplined Growth Investors
Minneapolis,
Minnesota
|
+$44.5M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$32.2M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$25.3M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$21.3M |
| 5 |
SO
STRS Ohio
Columbus,
Ohio
|
+$20.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Sands Capital Management
Arlington,
Virginia
|
-$41.7M |
| 2 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
-$21M |
| 3 |
CIC
Chilton Investment Company
Stamford,
Connecticut
|
-$18.7M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
-$17.1M |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$15.5M |
UAA Hedge Fund Activity: Q3 2017 in Review
447 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Under Armour (UAA) for Q3 2017, worth a combined $2.27B — down 23% from $2.94B a quarter earlier.
Sellers outnumbered buyers: 63 funds closed out of UAA and 48 opened new positions — a net loss of 15 holders — while 175 trimmed existing stakes and 130 added.
The largest buyer was Disciplined Growth Investors, opening a new position worth an estimated $44.5M. The largest seller was Sands Capital Management, cutting an estimated $41.7M.
- 447 institutional investors held Under Armour (UAA) as of Q3 2017, down from 470 in Q2 2017.
- Funds reported $2.27B of Under Armour stock for Q3 2017, down 23% quarter-over-quarter.
- 48 funds opened new Under Armour positions in Q3 2017 and 63 closed out, a net change of -15 holders.
- The largest Under Armour buyer in Q3 2017 was Disciplined Growth Investors, an estimated $44.5M added.
- The largest Under Armour seller in Q3 2017 was Sands Capital Management, an estimated $41.7M sold.
Based on aggregated 13F filings for Q3 2017.