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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
BNP Paribas Financial Markets
51
BNP Paribas Financial Markets
France
$59.2M +$5.41M +61,566 +10%
BCM
52
Bridgeway Capital Management
Texas
$56.7M -$24.3M -276,700 -29%
California Public Employees Retirement System
53
California Public Employees Retirement System
California
$51.8M -$3.2M -36,435 -6%
New York State Common Retirement Fund
54
New York State Common Retirement Fund
New York
$51.3M -$5.15M -58,670 -9%
Barclays
55
Barclays
United Kingdom
$50.6M +$29.1M +330,733 +121%
OSAM
56
O'Shaughnessy Asset Management
Connecticut
$48.9M +$21.1M +240,751 +70%
AC
57
Ashler Capital
Illinois
$45.9M -$97.1M -1,105,311 -67%
Wells Fargo
58
Wells Fargo
California
$45.3M +$4.98M +56,740 +12%
CAM
59
ClariVest Asset Management
California
$41.8M +$43.8M +498,891 New
TA
60
Teachers Advisors
New York
$41.2M -$28.7M -327,162 -40%
ABC
61
Anchor Bolt Capital
Illinois
$38.5M -$11M -125,168 -21%
APG Asset Management
62
APG Asset Management
Netherlands
$38.4M +$40.3M +458,900 +708%
Legal & General Group
63
Legal & General Group
United Kingdom
$37.6M +$2.24M +25,453 +6%
Man Group
64
Man Group
United Kingdom
$35.9M +$36.7M +418,255 +3,805%
MC
65
Maverick Capital
Texas
$35.5M +$14.7M +167,150 +65%
New York State Teachers Retirement System (NYSTRS)
66
New York State Teachers Retirement System (NYSTRS)
New York
$34.4M +$450K +5,121 +1%
California State Teachers Retirement System (CalSTRS)
67
California State Teachers Retirement System (CalSTRS)
California
$34.2M -$290K -3,297 -0.8%
AllianceBernstein
68
AllianceBernstein
Tennessee
$33.6M +$1.41M +16,017 +4%
RhumbLine Advisers
69
RhumbLine Advisers
Massachusetts
$33.1M -$249K -2,837 -0.7%
PI
70
Putnam Investments
Massachusetts
$31.6M +$32.9M +374,602 +11,555%
Canada Pension Plan Investment Board
71
Canada Pension Plan Investment Board
Ontario, Canada
$31.4M -$21.1M -239,900 -39%
N
72
Nuveen
North Carolina
$30.4M +$19.6M +223,245 +159%
Principal Financial Group
73
Principal Financial Group
Iowa
$29.4M +$691K +7,866 +2%
CS
74
Credit Suisse
Switzerland
$28.8M +$2.42M +27,559 +9%
HP
75
Hosking Partners
United Kingdom
$28.3M -$14.2M -161,499 -32%

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.