United Airlines
912 hedge funds and large institutions have $28B invested in United Airlines in 2025 Q3 according to their latest regulatory filings, with 149 funds opening new positions, 340 increasing their positions, 291 reducing their positions, and 93 closing their positions.
60% more first-time investments, than exits
New positions opened: 149 | Existing positions closed: 93
25% more capital invested
Capital invested by funds: $22.4B → $28B (+$5.54B)
17% more repeat investments, than reductions
Existing positions increased: 340 | Existing positions reduced: 291
14% more funds holding in top 10
Funds holding in top 10: 14 → 16 (+2)
5% more funds holding
Funds holding: 866 → 912 (+46)
3.24% more ownership
Funds ownership: 86.27% → 89.5% (+3.2%)
13% less call options, than puts
Call options by funds: $1.92B | Put options by funds: $2.19B
Top Buyers
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$555M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$386M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
+$254M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$97.1M |
| 5 |
CHP
Castle Hook Partners
New York
|
+$78.8M |
Top Sellers
| 1 |
Pacer Advisors
Malvern,
Pennsylvania
|
-$185M |
| 2 |
Squarepoint
New York
|
-$122M |
| 3 |
Voloridge Investment Management
Jupiter,
Florida
|
-$109M |
| 4 |
Charles Schwab
San Francisco,
California
|
-$91.8M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
-$83.7M |
UAL Hedge Fund Activity: Q3 2025 in Review
912 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in United Airlines (UAL) for Q3 2025, worth a combined $28B — up 25% from $22.4B a quarter earlier.
Buyers outnumbered sellers: 149 funds opened new UAL positions and 93 closed out — a net gain of 56 holders — while 340 added to existing stakes and 291 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $555M. The largest seller was Pacer Advisors, cutting an estimated $185M.
- 912 institutional investors held United Airlines (UAL) as of Q3 2025, up from 866 in Q2 2025.
- Funds reported $28B of United Airlines stock for Q3 2025, up 25% quarter-over-quarter.
- 149 funds opened new United Airlines positions in Q3 2025 and 93 closed out, a net change of +56 holders.
- The largest United Airlines buyer in Q3 2025 was Fidelity Investments, an estimated $555M added.
- The largest United Airlines seller in Q3 2025 was Pacer Advisors, an estimated $185M sold.
Based on aggregated 13F filings for Q3 2025.