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United Airlines

621 hedge funds and large institutions have $9.81B invested in United Airlines in 2023 Q3 according to their latest regulatory filings, with 75 funds opening new positions, 190 increasing their positions, 212 reducing their positions, and 93 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.4% less ownership

Funds ownership: 70.72%70.32% (-0.4%)

4% less funds holding

Funds holding: 646621 (-25)

10% less repeat investments, than reductions

Existing positions increased: 190 | Existing positions reduced: 212

19% less first-time investments, than exits

New positions opened: 75 | Existing positions closed: 93

23% less capital invested

Capital invested by funds: $12.7B → $9.81B (-$2.91B)

60% less call options, than puts

Call options by funds: $733M | Put options by funds: $1.81B

71% less funds holding in top 10

Funds holding in top 10: 144 (-10)

Holders
621
Holders Change
-25
Holders Change %
-3.87%
% of All Funds
9.86%
Holding in Top 10
4
Holding in Top 10 Change
-10
Holding in Top 10 Change %
-71.43%
% of All Funds
0.06%
New
75
Increased
190
Reduced
212
Closed
93
Calls
$733M
Puts
$1.81B
Net Calls
-$1.08B
Net Calls Change
+$205M
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of Montreal
51
Bank of Montreal
Ontario, Canada
$22.7M -$7.59M -150,170 -24%
Legal & General Group
52
Legal & General Group
United Kingdom
$22M -$3.03M -59,946 -10%
First Trust Advisors
53
First Trust Advisors
Illinois
$21.2M -$119K -2,352 -0.5%
Citigroup
54
Citigroup
New York
$21.1M -$58M -1,147,454 -70%
Royal Bank of Canada
55
Royal Bank of Canada
Ontario, Canada
$20.8M +$3.74M +74,024 +18%
BNP Paribas Financial Markets
56
BNP Paribas Financial Markets
France
$20.1M +$5.54M +109,660 +30%
DLA
57
Douglas Lane & Associates
New York
$20M -$252K -4,981 -1%
Jane Street
58
Jane Street
New York
$19.5M -$74M -1,463,154 -76%
Marshall Wace
59
Marshall Wace
United Kingdom
$19.2M -$2.54M -50,295 -10%
HIIFS
60
Harel Insurance Investments & Financial Services
Israel
$18.1M +$21.6M +427,001 New
CSS
61
Cubist Systematic Strategies
Connecticut
$17.6M +$2.93M +57,961 +16%
TRSOTSOK
62
Teachers Retirement System of the State of Kentucky
Kentucky
$17.4M +$19.3M +382,700 +1,301%
SO
63
STRS Ohio
Ohio
$16.7M +$89.5K +1,771 +0.4%
Deutsche Bank
64
Deutsche Bank
Germany
$16.4M +$7.23M +143,037 +58%
TAM
65
Todd Asset Management
Kentucky
$16.3M +$19.4M +384,623 New
Amundi
66
Amundi
France
$16.1M +$2.58M +50,935 +14%
Principal Financial Group
67
Principal Financial Group
Iowa
$16M +$141K +2,785 +0.7%
HSBC Holdings
68
HSBC Holdings
United Kingdom
$15.6M +$4.26M +84,282 +30%
LCM
69
Laurion Capital Management
New York
$15.2M +$18.2M +360,493 New
New York State Teachers Retirement System (NYSTRS)
70
New York State Teachers Retirement System (NYSTRS)
New York
$15.1M -$386K -7,628 -2%
Envestnet Asset Management
71
Envestnet Asset Management
Illinois
$14.6M -$4.75M -94,008 -21%
Voloridge Investment Management
72
Voloridge Investment Management
Florida
$14.5M -$6.26M -123,731 -27%
Massachusetts Financial Services
73
Massachusetts Financial Services
Massachusetts
$14.1M -$169K -3,344 -1%
Mackenzie Financial
74
Mackenzie Financial
Ontario, Canada
$13.5M -$3.21M -63,461 -16%
State Board of Administration of Florida Retirement System
75
State Board of Administration of Florida Retirement System
Florida
$13.3M -$885K -17,510 -5%

UAL Hedge Fund Activity: Q3 2023 in Review

621 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in United Airlines (UAL) for Q3 2023, worth a combined $9.81B — down 23% from $12.7B a quarter earlier.

Sellers outnumbered buyers: 93 funds closed out of UAL and 75 opened new positions — a net loss of 18 holders — while 212 trimmed existing stakes and 190 added.

The largest buyer was Balyasny Asset Management, adding an estimated $107M. The largest seller was Citadel Advisors, cutting an estimated $156M.

  • 621 institutional investors held United Airlines (UAL) as of Q3 2023, down from 646 in Q2 2023.
  • Funds reported $9.81B of United Airlines stock for Q3 2023, down 23% quarter-over-quarter.
  • 75 funds opened new United Airlines positions in Q3 2023 and 93 closed out, a net change of -18 holders.
  • The largest United Airlines buyer in Q3 2023 was Balyasny Asset Management, an estimated $107M added.
  • The largest United Airlines seller in Q3 2023 was Citadel Advisors, an estimated $156M sold.

Based on aggregated 13F filings for Q3 2023.