Under Armour
380 hedge funds and large institutions have $8.24B invested in Under Armour in 2014 Q1 according to their latest regulatory filings, with 75 funds opening new positions, 107 increasing their positions, 144 reducing their positions, and 26 closing their positions.
188% more first-time investments, than exits
New positions opened: 75 | Existing positions closed: 26
100% more funds holding in top 10
Funds holding in top 10: 4 → 8 (+4)
24% more call options, than puts
Call options by funds: $443M | Put options by funds: $358M
13% more funds holding
Funds holding: 335 → 380 (+45)
7.77% less ownership
Funds ownership: 90.75% → 82.99% (-7.8%)
26% less repeat investments, than reductions
Existing positions increased: 107 | Existing positions reduced: 144
55% less capital inflows, than outflows
Capital inflows: $430M | Capital outflows: $957M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$89M |
| 2 |
Northern Trust
Chicago,
Illinois
|
+$55.8M |
| 3 |
SAM
Scopus Asset Management
New York
|
+$28.1M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$24.8M |
| 5 |
Guggenheim Capital
Chicago,
Illinois
|
+$18.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Waddell & Reed Financial
Overland Park,
Kansas
|
-$183M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$84.1M |
| 3 |
William Blair & Company
Chicago,
Illinois
|
-$77.1M |
| 4 |
Rainier Investment Management
Seattle,
Washington
|
-$68.6M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$56M |
UAA Hedge Fund Activity: Q1 2014 in Review
380 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in Under Armour (UAA) for Q1 2014, worth a combined $8.24B — up 21% from $6.79B a quarter earlier.
Buyers outnumbered sellers: 75 funds opened new UAA positions and 26 closed out — a net gain of 49 holders — while 107 added to existing stakes and 144 trimmed.
The largest buyer was 1832 Asset Management, opening a new position worth an estimated $89M. The largest seller was Waddell & Reed Financial, cutting an estimated $183M.
- 380 institutional investors held Under Armour (UAA) as of Q1 2014, up from 335 in Q4 2013.
- Funds reported $8.24B of Under Armour stock for Q1 2014, up 21% quarter-over-quarter.
- 75 funds opened new Under Armour positions in Q1 2014 and 26 closed out, a net change of +49 holders.
- The largest Under Armour buyer in Q1 2014 was 1832 Asset Management, an estimated $89M added.
- The largest Under Armour seller in Q1 2014 was Waddell & Reed Financial, an estimated $183M sold.
Based on aggregated 13F filings for Q1 2014.