United Airlines
UAL
546 hedge funds and large institutions have $18.2B invested in United Airlines in 2018 Q2 according to their latest regulatory filings, with 72 funds opening new positions, 151 increasing their positions, 220 reducing their positions, and 70 closing their positions.
35% more funds holding in top 10
Funds holding in top 10: 17 → 23 (+6)
22% more call options, than puts
Call options by funds: $598M | Put options by funds: $489M
3% more first-time investments, than exits
New positions opened: 72 | Existing positions closed: 70
0.2% more ownership
Funds ownership: 94.09% → 94.3% (+0.2%)
1% less funds holding
Funds holding: 549 → 546 (-3)
2% less capital invested
Capital invested by funds: $18.6B → $18.2B (-$374M)
31% less repeat investments, than reductions
Existing positions increased: 151 | Existing positions reduced: 220
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPU
Lansdowne Partners (UK)
London,
United Kingdom
|
+$251M |
| 2 |
Primecap Management
Pasadena,
California
|
+$139M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$94.2M |
| 4 |
ABC
Anchor Bolt Capital
Chicago,
Illinois
|
+$71.3M |
| 5 |
Millennium Management
New York
|
+$70M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
-$247M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$225M |
| 3 |
Goldman Sachs
New York
|
-$108M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$82.9M |
| 5 |
BlackRock
New York
|
-$82.8M |
UAL Hedge Fund Activity: Q2 2018 in Review
546 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in United Airlines (UAL) for Q2 2018, worth a combined $18.2B — down 2% from $18.6B a quarter earlier.
Buyers outnumbered sellers: 72 funds opened new UAL positions and 70 closed out — a net gain of 2 holders — while 151 added to existing stakes and 220 trimmed.
The largest buyer was Lansdowne Partners (UK), opening a new position worth an estimated $251M. The largest seller was AQR Capital Management, cutting an estimated $247M.
- 546 institutional investors held United Airlines (UAL) as of Q2 2018, down from 549 in Q1 2018.
- Funds reported $18.2B of United Airlines stock for Q2 2018, down 2% quarter-over-quarter.
- 72 funds opened new United Airlines positions in Q2 2018 and 70 closed out, a net change of +2 holders.
- The largest United Airlines buyer in Q2 2018 was Lansdowne Partners (UK), an estimated $251M added.
- The largest United Airlines seller in Q2 2018 was AQR Capital Management, an estimated $247M sold.
Based on aggregated 13F filings for Q2 2018.