United Airlines
UAL
495 hedge funds and large institutions have $18.6B invested in United Airlines in 2015 Q2 according to their latest regulatory filings, with 73 funds opening new positions, 211 increasing their positions, 146 reducing their positions, and 74 closing their positions.
118% more call options, than puts
Call options by funds: $1.34B | Put options by funds: $617M
45% more repeat investments, than reductions
Existing positions increased: 211 | Existing positions reduced: 146
0.37% less ownership
Funds ownership: 92.37% → 92% (-0.37%)
1% less first-time investments, than exits
New positions opened: 73 | Existing positions closed: 74
1% less funds holding
Funds holding: 502 → 495 (-7)
22% less capital invested
Capital invested by funds: $23.9B → $18.6B (-$5.24B)
24% less funds holding in top 10
Funds holding in top 10: 33 → 25 (-8)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$185M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
+$126M |
| 3 |
Goldman Sachs
New York
|
+$121M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
+$115M |
| 5 |
CCM
Causeway Capital Management
Los Angeles,
California
|
+$109M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
-$625M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$353M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$284M |
| 4 |
Jennison Associates
New York
|
-$179M |
| 5 |
AM
Appaloosa Management
Miami Beach,
Florida
|
-$142M |
UAL Hedge Fund Activity: Q2 2015 in Review
495 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in United Airlines (UAL) for Q2 2015, worth a combined $18.6B — down 22% from $23.9B a quarter earlier.
Sellers outnumbered buyers: 74 funds closed out of UAL and 73 opened new positions — a net loss of 1 holder — while 146 trimmed existing stakes and 211 added.
The largest buyer was Janus Henderson Investors US, adding an estimated $185M. The largest seller was Capital World Investors, cutting an estimated $625M.
- 495 institutional investors held United Airlines (UAL) as of Q2 2015, down from 502 in Q1 2015.
- Funds reported $18.6B of United Airlines stock for Q2 2015, down 22% quarter-over-quarter.
- 73 funds opened new United Airlines positions in Q2 2015 and 74 closed out, a net change of -1 holder.
- The largest United Airlines buyer in Q2 2015 was Janus Henderson Investors US, an estimated $185M added.
- The largest United Airlines seller in Q2 2015 was Capital World Investors, an estimated $625M sold.
Based on aggregated 13F filings for Q2 2015.