United Airlines
UAL
538 hedge funds and large institutions have $15.5B invested in United Airlines in 2016 Q3 according to their latest regulatory filings, with 77 funds opening new positions, 149 increasing their positions, 239 reducing their positions, and 57 closing their positions.
59% more funds holding in top 10
Funds holding in top 10: 17 → 27 (+10)
35% more first-time investments, than exits
New positions opened: 77 | Existing positions closed: 57
24% more capital invested
Capital invested by funds: $12.5B → $15.5B (+$3.04B)
3% more funds holding
Funds holding: 522 → 538 (+16)
2.11% more ownership
Funds ownership: 89.84% → 91.94% (+2.1%)
6% less call options, than puts
Call options by funds: $364M | Put options by funds: $386M
38% less repeat investments, than reductions
Existing positions increased: 149 | Existing positions reduced: 239
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Berkshire Hathaway
Omaha,
Nebraska
|
+$218M |
| 2 |
Millennium Management
New York
|
+$100M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$83.8M |
| 4 |
D.E. Shaw & Co
New York
|
+$73.9M |
| 5 |
Capital Fund Management (CFM)
Paris,
France
|
+$57.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$196M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$146M |
| 3 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
-$135M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$103M |
| 5 |
CCM
Causeway Capital Management
Los Angeles,
California
|
-$73.5M |
UAL Hedge Fund Activity: Q3 2016 in Review
538 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in United Airlines (UAL) for Q3 2016, worth a combined $15.5B — up 24% from $12.5B a quarter earlier.
Buyers outnumbered sellers: 77 funds opened new UAL positions and 57 closed out — a net gain of 20 holders — while 149 added to existing stakes and 239 trimmed.
The largest buyer was Berkshire Hathaway, opening a new position worth an estimated $218M. The largest seller was T. Rowe Price Associates, cutting an estimated $196M.
- 538 institutional investors held United Airlines (UAL) as of Q3 2016, up from 522 in Q2 2016.
- Funds reported $15.5B of United Airlines stock for Q3 2016, up 24% quarter-over-quarter.
- 77 funds opened new United Airlines positions in Q3 2016 and 57 closed out, a net change of +20 holders.
- The largest United Airlines buyer in Q3 2016 was Berkshire Hathaway, an estimated $218M added.
- The largest United Airlines seller in Q3 2016 was T. Rowe Price Associates, an estimated $196M sold.
Based on aggregated 13F filings for Q3 2016.