Under Armour
431 hedge funds and large institutions have $8.7B invested in Under Armour in 2014 Q2 according to their latest regulatory filings, with 99 funds opening new positions, 149 increasing their positions, 135 reducing their positions, and 45 closing their positions.
120% more first-time investments, than exits
New positions opened: 99 | Existing positions closed: 45
13% more funds holding
Funds holding: 380 → 431 (+51)
10% more repeat investments, than reductions
Existing positions increased: 149 | Existing positions reduced: 135
6% more capital invested
Capital invested by funds: $8.21B → $8.7B (+$485M)
16% less call options, than puts
Call options by funds: $225M | Put options by funds: $269M
25% less funds holding in top 10
Funds holding in top 10: 8 → 6 (-2)
165.52% less ownership
Funds ownership: 334.76% → 169.24% (-166%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
+$249M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$141M |
| 3 |
Jennison Associates
New York
|
+$120M |
| 4 |
CCI
Columbus Circle Investors
|
+$73.3M |
| 5 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$56.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$193M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$118M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$116M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$102M |
| 5 |
Bank of New York Mellon
New York
|
-$43.7M |
UAA Hedge Fund Activity: Q2 2014 in Review
431 of the 3,480 institutional investors tracked by Wall St. Rank reported a position in Under Armour (UAA) for Q2 2014, worth a combined $8.7B — up 5.9% from $8.21B a quarter earlier.
Buyers outnumbered sellers: 99 funds opened new UAA positions and 45 closed out — a net gain of 54 holders — while 149 added to existing stakes and 135 trimmed.
The largest buyer was Lone Pine Capital, opening a new position worth an estimated $249M. The largest seller was T. Rowe Price Associates, cutting an estimated $193M.
- 431 institutional investors held Under Armour (UAA) as of Q2 2014, up from 380 in Q1 2014.
- Funds reported $8.7B of Under Armour stock for Q2 2014, up 5.9% quarter-over-quarter.
- 99 funds opened new Under Armour positions in Q2 2014 and 45 closed out, a net change of +54 holders.
- The largest Under Armour buyer in Q2 2014 was Lone Pine Capital, an estimated $249M added.
- The largest Under Armour seller in Q2 2014 was T. Rowe Price Associates, an estimated $193M sold.
Based on aggregated 13F filings for Q2 2014.