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United Airlines

546 hedge funds and large institutions have $18.2B invested in United Airlines in 2018 Q2 according to their latest regulatory filings, with 72 funds opening new positions, 151 increasing their positions, 220 reducing their positions, and 70 closing their positions.

New
Increased
Maintained
Reduced
Closed

35% more funds holding in top 10

Funds holding in top 10: 1723 (+6)

22% more call options, than puts

Call options by funds: $598M | Put options by funds: $489M

3% more first-time investments, than exits

New positions opened: 72 | Existing positions closed: 70

0.2% more ownership

Funds ownership: 94.09%94.3% (+0.2%)

1% less funds holding

Funds holding: 549546 (-3)

2% less capital invested

Capital invested by funds: $18.6B → $18.2B (-$374M)

31% less repeat investments, than reductions

Existing positions increased: 151 | Existing positions reduced: 220

Holders
546
Holders Change
-3
Holders Change %
-0.55%
% of All Funds
12.5%
Holding in Top 10
23
Holding in Top 10 Change
+6
Holding in Top 10 Change %
+35.29%
% of All Funds
0.53%
New
72
Increased
151
Reduced
220
Closed
70
Calls
$598M
Puts
$489M
Net Calls
+$109M
Net Calls Change
+$86.3M
Name Holding Trade Value Shares
Change
Change in
Stake
Calamos Advisors
51
Calamos Advisors
Illinois
$49.4M +$9.1M +130,934 +23%
GJL
52
Gendell Jeffrey L
$48M +$3.89M +56,009 +9%
UBS AM
53
UBS AM
Illinois
$47.1M +$23.1M +332,778 +97%
California Public Employees Retirement System
54
California Public Employees Retirement System
California
$46M -$5.04M -72,464 -10%
New York State Common Retirement Fund
55
New York State Common Retirement Fund
New York
$44.8M -$87.6K -1,260 -0.2%
AAMU
56
Amundi Asset Management US
Massachusetts
$43.8M -$30.6M -440,099 -41%
Wellington Management Group
57
Wellington Management Group
Massachusetts
$43.7M +$8M +115,184 +23%
First Trust Advisors
58
First Trust Advisors
Illinois
$37.5M -$13.7M -196,647 -27%
TC
59
Tyvor Capital
Illinois
$37M -$3.01M -43,353 -8%
AL
60
Appaloosa LP
New Jersey
$36.6M -$903 -13 -0%
NM
61
NWI Management
New York
$36.6M -$4.17M -60,000 -10%
Balyasny Asset Management
62
Balyasny Asset Management
Illinois
$36.5M +$28.3M +407,933 +354%
HP
63
Hosking Partners
United Kingdom
$35.9M +$632K +9,100 +2%
GH
64
Grosvenor Holdings
Illinois
$35.4M +$35.3M +507,934 New
AC
65
Ashler Capital
Illinois
$34.7M +$34.6M +497,457 New
FMI
66
Factory Mutual Insurance
Massachusetts
$30.2M +$292K +4,200 +1%
California State Teachers Retirement System (CalSTRS)
67
California State Teachers Retirement System (CalSTRS)
California
$29.2M -$1.56M -22,391 -5%
Legal & General Group
68
Legal & General Group
United Kingdom
$29M -$4.47M -64,380 -13%
Manulife (Manufacturers Life Insurance)
69
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$28.9M -$5.08M -73,033 -15%
RhumbLine Advisers
70
RhumbLine Advisers
Massachusetts
$28.9M -$2.36M -33,927 -8%
New York State Teachers Retirement System (NYSTRS)
71
New York State Teachers Retirement System (NYSTRS)
New York
$28.4M -$1.46M -21,008 -5%
AllianceBernstein
72
AllianceBernstein
Tennessee
$28.1M -$2.91M -41,943 -9%
Susquehanna International Group
73
Susquehanna International Group
Pennsylvania
$28.1M +$11.6M +166,762 +71%
Royal Bank of Canada
74
Royal Bank of Canada
Ontario, Canada
$26.9M +$15.8M +227,349 +144%
DDPIC
75
Deroy & Devereaux Private Investment Counsel
Michigan
$26.5M +$15.9K +229 +0.1%

UAL Hedge Fund Activity: Q2 2018 in Review

546 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in United Airlines (UAL) for Q2 2018, worth a combined $18.2B — down 2% from $18.6B a quarter earlier.

Buyers outnumbered sellers: 72 funds opened new UAL positions and 70 closed out — a net gain of 2 holders — while 151 added to existing stakes and 220 trimmed.

The largest buyer was Lansdowne Partners (UK), opening a new position worth an estimated $251M. The largest seller was AQR Capital Management, cutting an estimated $247M.

  • 546 institutional investors held United Airlines (UAL) as of Q2 2018, down from 549 in Q1 2018.
  • Funds reported $18.2B of United Airlines stock for Q2 2018, down 2% quarter-over-quarter.
  • 72 funds opened new United Airlines positions in Q2 2018 and 70 closed out, a net change of +2 holders.
  • The largest United Airlines buyer in Q2 2018 was Lansdowne Partners (UK), an estimated $251M added.
  • The largest United Airlines seller in Q2 2018 was AQR Capital Management, an estimated $247M sold.

Based on aggregated 13F filings for Q2 2018.