Under Armour
UAA
583 hedge funds and large institutions have $6.43B invested in Under Armour in 2016 Q2 according to their latest regulatory filings, with 69 funds opening new positions, 56 increasing their positions, 457 reducing their positions, and 110 closing their positions.
8% less funds holding
Funds holding: 634 → 583 (-51)
25% less call options, than puts
Call options by funds: $231M | Put options by funds: $310M
37% less first-time investments, than exits
New positions opened: 69 | Existing positions closed: 110
49% less capital invested
Capital invested by funds: $12.7B → $6.43B (-$6.26B)
67% less funds holding in top 10
Funds holding in top 10: 12 → 4 (-8)
82.81% less ownership
Funds ownership: 170.5% → 87.69% (-83%)
88% less repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 457
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$195M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$69.5M |
| 3 |
SAM
Scopus Asset Management
New York
|
+$64.8M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$55.3M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
+$52.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jennison Associates
New York
|
-$1.03B |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$778M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$612M |
| 4 |
Sands Capital Management
Arlington,
Virginia
|
-$380M |
| 5 |
Royal London Asset Management
United Kingdom
|
-$291M |
UAA Hedge Fund Activity: Q2 2016 in Review
583 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Under Armour (UAA) for Q2 2016, worth a combined $6.43B — down 49% from $12.7B a quarter earlier.
Sellers outnumbered buyers: 110 funds closed out of UAA and 69 opened new positions — a net loss of 41 holders — while 457 trimmed existing stakes and 56 added.
The largest buyer was Baillie Gifford & Co, adding an estimated $195M. The largest seller was Jennison Associates, cutting an estimated $1.03B.
- 583 institutional investors held Under Armour (UAA) as of Q2 2016, down from 634 in Q1 2016.
- Funds reported $6.43B of Under Armour stock for Q2 2016, down 49% quarter-over-quarter.
- 69 funds opened new Under Armour positions in Q2 2016 and 110 closed out, a net change of -41 holders.
- The largest Under Armour buyer in Q2 2016 was Baillie Gifford & Co, an estimated $195M added.
- The largest Under Armour seller in Q2 2016 was Jennison Associates, an estimated $1.03B sold.
Based on aggregated 13F filings for Q2 2016.