United Airlines
566 hedge funds and large institutions have $20B invested in United Airlines in 2015 Q4 according to their latest regulatory filings, with 87 funds opening new positions, 193 increasing their positions, 211 reducing their positions, and 60 closing their positions.
45% more first-time investments, than exits
New positions opened: 87 | Existing positions closed: 60
7% more funds holding in top 10
Funds holding in top 10: 27 → 29 (+2)
4% more funds holding
Funds holding: 543 → 566 (+23)
5% more call options, than puts
Call options by funds: $456M | Put options by funds: $434M
4% more capital invested
Capital invested by funds: $19.1B → $20B (+$813M)
9% less repeat investments, than reductions
Existing positions increased: 193 | Existing positions reduced: 211
3.35% less ownership
Funds ownership: 95.44% → 92.09% (-3.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
+$118M |
| 2 |
Adage Capital Partners
Boston,
Massachusetts
|
+$85M |
| 3 |
ACM
Altimeter Capital Management
Boston,
Massachusetts
|
+$78M |
| 4 |
MFM
Marianas Fund Management
New York
|
+$74.9M |
| 5 |
Two Sigma Investments
New York
|
+$63.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
-$552M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$313M |
| 3 |
SC
Sculptor Capital
New York
|
-$200M |
| 4 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
-$140M |
| 5 |
Goldman Sachs
New York
|
-$114M |
UAL Hedge Fund Activity: Q4 2015 in Review
566 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in United Airlines (UAL) for Q4 2015, worth a combined $20B — up 4.2% from $19.1B a quarter earlier.
Buyers outnumbered sellers: 87 funds opened new UAL positions and 60 closed out — a net gain of 27 holders — while 193 added to existing stakes and 211 trimmed.
The largest buyer was AQR Capital Management, adding an estimated $118M. The largest seller was Capital World Investors, cutting an estimated $552M.
- 566 institutional investors held United Airlines (UAL) as of Q4 2015, up from 543 in Q3 2015.
- Funds reported $20B of United Airlines stock for Q4 2015, up 4.2% quarter-over-quarter.
- 87 funds opened new United Airlines positions in Q4 2015 and 60 closed out, a net change of +27 holders.
- The largest United Airlines buyer in Q4 2015 was AQR Capital Management, an estimated $118M added.
- The largest United Airlines seller in Q4 2015 was Capital World Investors, an estimated $552M sold.
Based on aggregated 13F filings for Q4 2015.