Under Armour
375 hedge funds and large institutions have $1.32B invested in Under Armour in 2025 Q2 according to their latest regulatory filings, with 48 funds opening new positions, 123 increasing their positions, 118 reducing their positions, and 59 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
4% more repeat investments, than reductions
Existing positions increased: 123 | Existing positions reduced: 118
4% less funds holding
Funds holding: 392 → 375 (-17)
5.42% less ownership
Funds ownership: 107.72% → 102.3% (-5.4%)
19% less first-time investments, than exits
New positions opened: 48 | Existing positions closed: 59
30% less capital inflows, than outflows
Capital inflows: $145M | Capital outflows: $208M
84% less call options, than puts
Call options by funds: $32.2M | Put options by funds: $198M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$18.8M |
| 2 |
Voloridge Investment Management
Jupiter,
Florida
|
+$14.6M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$12.8M |
| 4 |
Jupiter Asset Management
London,
United Kingdom
|
+$10.6M |
| 5 |
Marshall Wace
London,
United Kingdom
|
+$9.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fuller & Thaler Asset Management
San Mateo,
California
|
-$40.4M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$22.5M |
| 3 |
Renaissance Technologies
New York
|
-$17.7M |
| 4 |
Tudor Investment Corp
Stamford,
Connecticut
|
-$11.8M |
| 5 |
Two Sigma Investments
New York
|
-$10.1M |
UAA Hedge Fund Activity: Q2 2025 in Review
375 of the 7,630 institutional investors tracked by Wall St. Rank reported a position in Under Armour (UAA) for Q2 2025, worth a combined $1.32B — up 3.8% from $1.27B a quarter earlier.
Sellers outnumbered buyers: 59 funds closed out of UAA and 48 opened new positions — a net loss of 11 holders — while 118 trimmed existing stakes and 123 added.
The largest buyer was Millennium Management, adding an estimated $18.8M. The largest seller was Fuller & Thaler Asset Management, cutting an estimated $40.4M.
- 375 institutional investors held Under Armour (UAA) as of Q2 2025, down from 392 in Q1 2025.
- Funds reported $1.32B of Under Armour stock for Q2 2025, up 3.8% quarter-over-quarter.
- 48 funds opened new Under Armour positions in Q2 2025 and 59 closed out, a net change of -11 holders.
- The largest Under Armour buyer in Q2 2025 was Millennium Management, an estimated $18.8M added.
- The largest Under Armour seller in Q2 2025 was Fuller & Thaler Asset Management, an estimated $40.4M sold.
Based on aggregated 13F filings for Q2 2025.