Under Armour
372 hedge funds and large institutions have $1.01B invested in Under Armour in 2023 Q2 according to their latest regulatory filings, with 52 funds opening new positions, 87 increasing their positions, 131 reducing their positions, and 59 closing their positions.
2% less funds holding
Funds holding: 381 → 372 (-9)
7.78% less ownership
Funds ownership: 82.11% → 74.34% (-7.8%)
12% less first-time investments, than exits
New positions opened: 52 | Existing positions closed: 59
12% less call options, than puts
Call options by funds: $21.9M | Put options by funds: $25.1M
31% less capital invested
Capital invested by funds: $1.48B → $1.01B (-$465M)
34% less repeat investments, than reductions
Existing positions increased: 87 | Existing positions reduced: 131
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Alyeska Investment Group
Chicago,
Illinois
|
+$22.9M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
+$22.4M |
| 3 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$15.3M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$14.2M |
| 5 |
State Street
Boston,
Massachusetts
|
+$13.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Two Sigma Investments
New York
|
-$37.3M |
| 2 |
Millennium Management
New York
|
-$35.6M |
| 3 |
Two Sigma Advisers
New York
|
-$29.9M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$23.4M |
| 5 |
HP
Harvey Partners
Tarrytown,
New York
|
-$22.2M |
UAA Hedge Fund Activity: Q2 2023 in Review
372 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Under Armour (UAA) for Q2 2023, worth a combined $1.01B — down 31% from $1.48B a quarter earlier.
Sellers outnumbered buyers: 59 funds closed out of UAA and 52 opened new positions — a net loss of 7 holders — while 131 trimmed existing stakes and 87 added.
The largest buyer was Alyeska Investment Group, opening a new position worth an estimated $22.9M. The largest seller was Two Sigma Investments, exiting entirely with an estimated $37.3M sold.
- 372 institutional investors held Under Armour (UAA) as of Q2 2023, down from 381 in Q1 2023.
- Funds reported $1.01B of Under Armour stock for Q2 2023, down 31% quarter-over-quarter.
- 52 funds opened new Under Armour positions in Q2 2023 and 59 closed out, a net change of -7 holders.
- The largest Under Armour buyer in Q2 2023 was Alyeska Investment Group, an estimated $22.9M added.
- The largest Under Armour seller in Q2 2023 was Two Sigma Investments, an estimated $37.3M sold.
Based on aggregated 13F filings for Q2 2023.