Under Armour
388 hedge funds and large institutions have $1.46B invested in Under Armour in 2020 Q2 according to their latest regulatory filings, with 51 funds opening new positions, 109 increasing their positions, 127 reducing their positions, and 90 closing their positions.
1% less capital invested
Capital invested by funds: $1.47B → $1.46B (-$16.3M)
5.62% less ownership
Funds ownership: 85.06% → 79.44% (-5.6%)
10% less funds holding
Funds holding: 430 → 388 (-42)
14% less repeat investments, than reductions
Existing positions increased: 109 | Existing positions reduced: 127
43% less first-time investments, than exits
New positions opened: 51 | Existing positions closed: 90
61% less call options, than puts
Call options by funds: $41.8M | Put options by funds: $107M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$27.5M |
| 2 |
D.E. Shaw & Co
New York
|
+$25.8M |
| 3 |
Two Sigma Advisers
New York
|
+$23.9M |
| 4 |
Squarepoint
New York
|
+$21.1M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$17.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
-$161M |
| 2 |
Adage Capital Partners
Boston,
Massachusetts
|
-$38.4M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$19M |
| 4 |
DGI
Disciplined Growth Investors
Minneapolis,
Minnesota
|
-$12.8M |
| 5 |
BlackRock
New York
|
-$12.3M |
UAA Hedge Fund Activity: Q2 2020 in Review
388 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in Under Armour (UAA) for Q2 2020, worth a combined $1.46B — down 1.1% from $1.47B a quarter earlier.
Sellers outnumbered buyers: 90 funds closed out of UAA and 51 opened new positions — a net loss of 39 holders — while 127 trimmed existing stakes and 109 added.
The largest buyer was Arrowstreet Capital, opening a new position worth an estimated $27.5M. The largest seller was Lone Pine Capital, exiting entirely with an estimated $161M sold.
- 388 institutional investors held Under Armour (UAA) as of Q2 2020, down from 430 in Q1 2020.
- Funds reported $1.46B of Under Armour stock for Q2 2020, down 1.1% quarter-over-quarter.
- 51 funds opened new Under Armour positions in Q2 2020 and 90 closed out, a net change of -39 holders.
- The largest Under Armour buyer in Q2 2020 was Arrowstreet Capital, an estimated $27.5M added.
- The largest Under Armour seller in Q2 2020 was Lone Pine Capital, an estimated $161M sold.
Based on aggregated 13F filings for Q2 2020.