United Airlines
349 hedge funds and large institutions have $13.6B invested in United Airlines in 2013 Q4 according to their latest regulatory filings, with 80 funds opening new positions, 111 increasing their positions, 118 reducing their positions, and 40 closing their positions.
100% more first-time investments, than exits
New positions opened: 80 | Existing positions closed: 40
38% more call options, than puts
Call options by funds: $636M | Put options by funds: $460M
26% more capital invested
Capital invested by funds: $10.8B → $13.6B (+$2.84B)
24% more funds holding in top 10
Funds holding in top 10: 17 → 21 (+4)
12% more funds holding
Funds holding: 311 → 349 (+38)
1.2% more ownership
Funds ownership: 98.38% → 99.58% (+1.2%)
6% less repeat investments, than reductions
Existing positions increased: 111 | Existing positions reduced: 118
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$198M |
| 2 |
PC
PointState Capital
New York
|
+$86.7M |
| 3 |
SIG
Senator Investment Group
New York
|
+$73.6M |
| 4 |
CGM
Capital Growth Management
Boston,
Massachusetts
|
+$53.2M |
| 5 |
Goldman Sachs
New York
|
+$50.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$148M |
| 2 |
AM
Appaloosa Management
Miami Beach,
Florida
|
-$86.7M |
| 3 |
CC
Carlson Capital
Dallas,
Texas
|
-$69.5M |
| 4 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
-$63.5M |
| 5 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
-$54M |
UAL Hedge Fund Activity: Q4 2013 in Review
349 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in United Airlines (UAL) for Q4 2013, worth a combined $13.6B — up 26% from $10.8B a quarter earlier.
Buyers outnumbered sellers: 80 funds opened new UAL positions and 40 closed out — a net gain of 40 holders — while 111 added to existing stakes and 118 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $198M. The largest seller was T. Rowe Price Associates, cutting an estimated $148M.
- 349 institutional investors held United Airlines (UAL) as of Q4 2013, up from 311 in Q3 2013.
- Funds reported $13.6B of United Airlines stock for Q4 2013, up 26% quarter-over-quarter.
- 80 funds opened new United Airlines positions in Q4 2013 and 40 closed out, a net change of +40 holders.
- The largest United Airlines buyer in Q4 2013 was Wellington Management Group, an estimated $198M added.
- The largest United Airlines seller in Q4 2013 was T. Rowe Price Associates, an estimated $148M sold.
Based on aggregated 13F filings for Q4 2013.