Under Armour
UAA
336 hedge funds and large institutions have $6.76B invested in Under Armour in 2013 Q4 according to their latest regulatory filings, with 46 funds opening new positions, 113 increasing their positions, 114 reducing their positions, and 27 closing their positions.
70% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 27
13% more call options, than puts
Call options by funds: $214M | Put options by funds: $190M
8% more capital invested
Capital invested by funds: $6.27B → $6.76B (+$486M)
5% more funds holding
Funds holding: 319 → 336 (+17)
1% less repeat investments, than reductions
Existing positions increased: 113 | Existing positions reduced: 114
8.9% less ownership
Funds ownership: 374.49% → 365.6% (-8.9%)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jennison Associates
New York
|
+$306M |
| 2 |
FA
Friess Associates
Greenville,
Delaware
|
+$22.3M |
| 3 |
SCM
Sandler Capital Management
New York
|
+$16.9M |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$11.4M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$10.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
-$81.2M |
| 2 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$80M |
| 3 |
Morgan Stanley
New York
|
-$68.5M |
| 4 |
Calamos Advisors
Naperville,
Illinois
|
-$42.3M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$37.4M |
UAA Hedge Fund Activity: Q4 2013 in Review
336 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Under Armour (UAA) for Q4 2013, worth a combined $6.76B — up 7.7% from $6.27B a quarter earlier.
Buyers outnumbered sellers: 46 funds opened new UAA positions and 27 closed out — a net gain of 19 holders — while 113 added to existing stakes and 114 trimmed.
The largest buyer was Jennison Associates, adding an estimated $306M. The largest seller was BlackRock Advisors, cutting an estimated $81.2M.
- 336 institutional investors held Under Armour (UAA) as of Q4 2013, up from 319 in Q3 2013.
- Funds reported $6.76B of Under Armour stock for Q4 2013, up 7.7% quarter-over-quarter.
- 46 funds opened new Under Armour positions in Q4 2013 and 27 closed out, a net change of +19 holders.
- The largest Under Armour buyer in Q4 2013 was Jennison Associates, an estimated $306M added.
- The largest Under Armour seller in Q4 2013 was BlackRock Advisors, an estimated $81.2M sold.
Based on aggregated 13F filings for Q4 2013.