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United Airlines

629 hedge funds and large institutions have $22.3B invested in United Airlines in 2018 Q4 according to their latest regulatory filings, with 120 funds opening new positions, 208 increasing their positions, 196 reducing their positions, and 65 closing their positions.

New
Increased
Maintained
Reduced
Closed

85% more first-time investments, than exits

New positions opened: 120 | Existing positions closed: 65

19% more call options, than puts

Call options by funds: $1.19B | Put options by funds: $1B

8% more funds holding

Funds holding: 580629 (+49)

1.29% more ownership

Funds ownership: 96.85%98.14% (+1.3%)

6% more repeat investments, than reductions

Existing positions increased: 208 | Existing positions reduced: 196

5% less capital invested

Capital invested by funds: $23.5B → $22.3B (-$1.2B)

18% less funds holding in top 10

Funds holding in top 10: 2218 (-4)

Holders
629
Holders Change
+49
Holders Change %
+8.45%
% of All Funds
14.02%
Holding in Top 10
18
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-18.18%
% of All Funds
0.4%
New
120
Increased
208
Reduced
196
Closed
65
Calls
$1.19B
Puts
$1B
Net Calls
+$191M
Net Calls Change
-$336M
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of New York Mellon
26
Bank of New York Mellon
New York
$172M +$41.9M +476,745 +30%
Prudential Financial
27
Prudential Financial
New Jersey
$151M +$87.8M +999,447 +125%
JP Morgan Chase
28
JP Morgan Chase
New York
$133M -$30.7M -349,262 -18%
Citadel Advisors
29
Citadel Advisors
Florida
$128M -$29.7M -337,614 -18%
OA
30
Omega Advisors
New York
$97.2M -$128M -1,458,127 -56%
FCM
31
Frontier Capital Management
Massachusetts
$96.1M -$19.2M -218,025 -16%
Morgan Stanley
32
Morgan Stanley
New York
$94.8M +$35.5M +404,672 +56%
Arrowstreet Capital
33
Arrowstreet Capital
Massachusetts
$94M +$75.6M +861,077 +329%
Thrivent Financial for Lutherans
34
Thrivent Financial for Lutherans
Minnesota
$93.8M +$2.38M +27,081 +2%
Royal Bank of Canada
35
Royal Bank of Canada
Ontario, Canada
$92.4M +$295K +3,356 +0.3%
PPA
36
Parametric Portfolio Associates
Washington
$92.4M -$3.33M -37,946 -3%
Charles Schwab
37
Charles Schwab
California
$91.2M +$13.5M +154,162 +16%
Bank of America
38
Bank of America
North Carolina
$90.3M +$16.7M +189,879 +21%
DLA
39
Douglas Lane & Associates
New York
$86.2M -$14.8M -168,410 -14%
Norges Bank
40
Norges Bank
Norway
$86.1M +$4.3M +48,921 +5%
Bank of Montreal
41
Bank of Montreal
Ontario, Canada
$79.9M -$599K -6,817 -0.7%
Janus Henderson Group
42
Janus Henderson Group
United Kingdom
$79.8M -$114M -1,299,375 -58%
USAA
43
United Services Automobile Association
Texas
$77.2M +$6.26M +71,213 +8%
MVP
44
Miller Value Partners
Florida
$74.7M -$9.17M -104,440 -10%
Two Sigma Advisers
45
Two Sigma Advisers
New York
$70.8M +$1.97M +22,419 +3%
Rockefeller Capital Management
46
Rockefeller Capital Management
New York
$70.6M -$32M -364,703 -30%
Ameriprise
47
Ameriprise
Minnesota
$68.3M -$35M -398,927 -33%
Teacher Retirement System of Texas
48
Teacher Retirement System of Texas
Texas
$66.8M +$18.1M +205,863 +35%
UBS AM
49
UBS AM
Illinois
$60.7M +$2.26M +25,731 +4%
TCIM
50
TIAA CREF Investment Management
New York
$60.6M -$4.67M -53,126 -7%

UAL Hedge Fund Activity: Q4 2018 in Review

629 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in United Airlines (UAL) for Q4 2018, worth a combined $22.3B — down 5.1% from $23.5B a quarter earlier.

Buyers outnumbered sellers: 120 funds opened new UAL positions and 65 closed out — a net gain of 55 holders — while 208 added to existing stakes and 196 trimmed.

The largest buyer was Goldman Sachs, adding an estimated $274M. The largest seller was Berkshire Hathaway, cutting an estimated $355M.

  • 629 institutional investors held United Airlines (UAL) as of Q4 2018, up from 580 in Q3 2018.
  • Funds reported $22.3B of United Airlines stock for Q4 2018, down 5.1% quarter-over-quarter.
  • 120 funds opened new United Airlines positions in Q4 2018 and 65 closed out, a net change of +55 holders.
  • The largest United Airlines buyer in Q4 2018 was Goldman Sachs, an estimated $274M added.
  • The largest United Airlines seller in Q4 2018 was Berkshire Hathaway, an estimated $355M sold.

Based on aggregated 13F filings for Q4 2018.