Under Armour
560 hedge funds and large institutions have $6B invested in Under Armour in 2016 Q3 according to their latest regulatory filings, with 45 funds opening new positions, 234 increasing their positions, 177 reducing their positions, and 65 closing their positions.
32% more repeat investments, than reductions
Existing positions increased: 234 | Existing positions reduced: 177
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
3.09% less ownership
Funds ownership: 87.7% → 84.61% (-3.1%)
4% less funds holding
Funds holding: 585 → 560 (-25)
7% less capital invested
Capital invested by funds: $6.44B → $6B (-$438M)
31% less first-time investments, than exits
New positions opened: 45 | Existing positions closed: 65
40% less call options, than puts
Call options by funds: $198M | Put options by funds: $329M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$131M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
+$64M |
| 3 |
MCL
MIK Capital LLC
New York
|
+$47.8M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$18.7M |
| 5 |
JGC
J. Goldman & Co
New York
|
+$16.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$157M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$105M |
| 3 |
SAM
Scopus Asset Management
New York
|
-$65.4M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
-$48.6M |
| 5 |
Bank of New York Mellon
New York
|
-$34.8M |
UAA Hedge Fund Activity: Q3 2016 in Review
560 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Under Armour (UAA) for Q3 2016, worth a combined $6B — down 6.8% from $6.44B a quarter earlier.
Sellers outnumbered buyers: 65 funds closed out of UAA and 45 opened new positions — a net loss of 20 holders — while 177 trimmed existing stakes and 234 added.
The largest buyer was Morgan Stanley, adding an estimated $131M. The largest seller was Wellington Management Group, cutting an estimated $157M.
- 560 institutional investors held Under Armour (UAA) as of Q3 2016, down from 585 in Q2 2016.
- Funds reported $6B of Under Armour stock for Q3 2016, down 6.8% quarter-over-quarter.
- 45 funds opened new Under Armour positions in Q3 2016 and 65 closed out, a net change of -20 holders.
- The largest Under Armour buyer in Q3 2016 was Morgan Stanley, an estimated $131M added.
- The largest Under Armour seller in Q3 2016 was Wellington Management Group, an estimated $157M sold.
Based on aggregated 13F filings for Q3 2016.