United Airlines
522 hedge funds and large institutions have $12.5B invested in United Airlines in 2016 Q2 according to their latest regulatory filings, with 78 funds opening new positions, 176 increasing their positions, 208 reducing their positions, and 90 closing their positions.
0.24% less ownership
Funds ownership: 90.08% → 89.84% (-0.24%)
1% less call options, than puts
Call options by funds: $331M | Put options by funds: $334M
3% less funds holding
Funds holding: 538 → 522 (-16)
13% less first-time investments, than exits
New positions opened: 78 | Existing positions closed: 90
15% less repeat investments, than reductions
Existing positions increased: 176 | Existing positions reduced: 208
29% less funds holding in top 10
Funds holding in top 10: 24 → 17 (-7)
35% less capital invested
Capital invested by funds: $19.2B → $12.5B (-$6.72B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$203M |
| 2 |
LSV Asset Management
Chicago,
Illinois
|
+$151M |
| 3 |
Diamond Hill Capital Management
Columbus,
Ohio
|
+$92.2M |
| 4 |
PCM
PAR Capital Management
Boston,
Massachusetts
|
+$90.1M |
| 5 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
+$64.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$665M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$193M |
| 3 |
CCI
Columbus Circle Investors
|
-$165M |
| 4 |
JP Morgan Chase
New York
|
-$151M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$128M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
601
AssetMark Inc
Concord,
California
| – | -$57K | -953 | Closed |
|
|
RFWA
602
RPg Family Wealth Advisory
Burlington,
Massachusetts
| – | -$32.9K | -549 | Closed |
|
|
BKA
603
Brick & Kyle Associates
Newtown,
Pennsylvania
| – | -$18K | -300 | Closed |
|
|
GAM
604
Gemmer Asset Management
Walnut Creek,
California
| – | -$10K | -167 | Closed |
|
|
AP
605
Advisors Preferred
Rockville,
Maryland
| – | -$7K | -126 | Closed |
|
|
BFEC
606
Benjamin F. Edwards & Company
St. Louis,
Missouri
| – | -$7K | -113 | Closed |
|
|
CAW
607
Cornerstone Advisors (Washington)
Bellevue,
Washington
| – | -$7K | -112 | Closed |
|
|
MBT
608
Monroe Bank & Trust
Monroe,
Michigan
| – | -$6K | -108 | Closed |
|
|
UFA
609
US Financial Advisors
Braintree,
Massachusetts
| – | -$5K | -90 | Closed |
|
|
CBT
610
Central Bank & Trust
Lexington,
Kentucky
| – | -$4K | -71 | Closed |
|
|
PCP
611
Proficio Capital Partners
Newton,
Massachusetts
| – | -$1K | -23 | Closed |
|
|
LWA
612
Lenox Wealth Advisors
New York
| – | -$1K | -22 | Closed |
|
|
NR
613
Newfound Research
Wellesley Hills,
Massachusetts
| – | +$331 | +7 | New |
|
UAL Hedge Fund Activity: Q2 2016 in Review
522 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in United Airlines (UAL) for Q2 2016, worth a combined $12.5B — down 35% from $19.2B a quarter earlier.
Sellers outnumbered buyers: 90 funds closed out of UAL and 78 opened new positions — a net loss of 12 holders — while 208 trimmed existing stakes and 176 added.
The largest buyer was Citadel Advisors, opening a new position worth an estimated $203M. The largest seller was T. Rowe Price Associates, cutting an estimated $665M.
- 522 institutional investors held United Airlines (UAL) as of Q2 2016, down from 538 in Q1 2016.
- Funds reported $12.5B of United Airlines stock for Q2 2016, down 35% quarter-over-quarter.
- 78 funds opened new United Airlines positions in Q2 2016 and 90 closed out, a net change of -12 holders.
- The largest United Airlines buyer in Q2 2016 was Citadel Advisors, an estimated $203M added.
- The largest United Airlines seller in Q2 2016 was T. Rowe Price Associates, an estimated $665M sold.
Based on aggregated 13F filings for Q2 2016.