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United Airlines

606 hedge funds and large institutions have $20.9B invested in United Airlines in 2019 Q1 according to their latest regulatory filings, with 73 funds opening new positions, 203 increasing their positions, 232 reducing their positions, and 87 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.13% more ownership

Funds ownership: 98.14%98.27% (+0.13%)

0% more funds holding in top 10

Funds holding in top 10: 1818 (0)

4% less funds holding

Funds holding: 629606 (-23)

6% less capital invested

Capital invested by funds: $22.3B → $20.9B (-$1.38B)

13% less repeat investments, than reductions

Existing positions increased: 203 | Existing positions reduced: 232

16% less first-time investments, than exits

New positions opened: 73 | Existing positions closed: 87

39% less call options, than puts

Call options by funds: $408M | Put options by funds: $666M

Holders
606
Holders Change
-23
Holders Change %
-3.66%
% of All Funds
13.12%
Holding in Top 10
18
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.39%
New
73
Increased
203
Reduced
232
Closed
87
Calls
$408M
Puts
$666M
Net Calls
-$258M
Net Calls Change
-$449M
Name Holding Trade Value Shares
Change
Change in
Stake
UBS AM
51
UBS AM
Illinois
$58.3M +$463K +5,484 +0.8%
TCIM
52
TIAA CREF Investment Management
New York
$56.8M -$1.03M -12,206 -2%
Canada Pension Plan Investment Board
53
Canada Pension Plan Investment Board
Ontario, Canada
$54.9M +$26.4M +313,092 +83%
Nomura Holdings
54
Nomura Holdings
Japan
$52.5M +$50.3M +596,379 +1,134%
BCM
55
Bridgeway Capital Management
Texas
$51.3M -$2.91M -34,500 -5%
New York State Common Retirement Fund
56
New York State Common Retirement Fund
New York
$49.7M +$893K +10,586 +2%
California Public Employees Retirement System
57
California Public Employees Retirement System
California
$48.6M -$810K -9,594 -2%
Robeco Institutional Asset Management
58
Robeco Institutional Asset Management
Netherlands
$47.2M +$21.4M +253,232 +75%
AIMCA
59
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$46.8M +$23.9M +283,600 +94%
Holocene Advisors
60
Holocene Advisors
New York
$46.2M +$26M +307,937 +113%
OSAM
61
O'Shaughnessy Asset Management
Connecticut
$43.9M -$2.65M -31,397 -5%
Assenagon Asset Management
62
Assenagon Asset Management
Luxembourg
$42.6M +$44.6M +528,592 +9,745%
Legal & General Group
63
Legal & General Group
United Kingdom
$42.6M +$7.15M +84,738 +19%
Prudential Financial
64
Prudential Financial
New Jersey
$41.1M -$108M -1,284,714 -71%
Barclays
65
Barclays
United Kingdom
$40.6M -$8.06M -95,487 -16%
TA
66
Teachers Advisors
New York
$40.5M +$1.3M +15,374 +3%
LHC
67
Lodge Hill Capital
New York
$38.7M +$7.17M +84,940 +110%
PI
68
Putnam Investments
Massachusetts
$38M +$8.36M +99,000 +26%
CAM
69
ClariVest Asset Management
California
$37.3M -$2.7M -31,984 -6%
Millennium Management
70
Millennium Management
New York
$36.5M -$206M -2,446,425 -84%
N
71
Nuveen
North Carolina
$34.7M +$6.02M +71,281 +20%
Alyeska Investment Group
72
Alyeska Investment Group
Illinois
$34.1M +$36M +426,871 New
New York State Teachers Retirement System (NYSTRS)
73
New York State Teachers Retirement System (NYSTRS)
New York
$32.4M -$485K -5,750 -1%
California State Teachers Retirement System (CalSTRS)
74
California State Teachers Retirement System (CalSTRS)
California
$31.9M -$728K -8,620 -2%
JIM
75
Jupiter Investment Management
United Kingdom
$31.7M +$33.6M +397,855 New

UAL Hedge Fund Activity: Q1 2019 in Review

606 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in United Airlines (UAL) for Q1 2019, worth a combined $20.9B — down 6.2% from $22.3B a quarter earlier.

Sellers outnumbered buyers: 87 funds closed out of UAL and 73 opened new positions — a net loss of 14 holders — while 232 trimmed existing stakes and 203 added.

The largest buyer was Morgan Stanley, adding an estimated $159M. The largest seller was Goldman Sachs, cutting an estimated $234M.

  • 606 institutional investors held United Airlines (UAL) as of Q1 2019, down from 629 in Q4 2018.
  • Funds reported $20.9B of United Airlines stock for Q1 2019, down 6.2% quarter-over-quarter.
  • 73 funds opened new United Airlines positions in Q1 2019 and 87 closed out, a net change of -14 holders.
  • The largest United Airlines buyer in Q1 2019 was Morgan Stanley, an estimated $159M added.
  • The largest United Airlines seller in Q1 2019 was Goldman Sachs, an estimated $234M sold.

Based on aggregated 13F filings for Q1 2019.