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United Airlines

538 hedge funds and large institutions have $15.5B invested in United Airlines in 2016 Q3 according to their latest regulatory filings, with 77 funds opening new positions, 149 increasing their positions, 239 reducing their positions, and 57 closing their positions.

New
Increased
Maintained
Reduced
Closed

59% more funds holding in top 10

Funds holding in top 10: 1727 (+10)

35% more first-time investments, than exits

New positions opened: 77 | Existing positions closed: 57

24% more capital invested

Capital invested by funds: $12.5B → $15.5B (+$3.04B)

3% more funds holding

Funds holding: 522538 (+16)

2.11% more ownership

Funds ownership: 89.84%91.94% (+2.1%)

6% less call options, than puts

Call options by funds: $364M | Put options by funds: $386M

38% less repeat investments, than reductions

Existing positions increased: 149 | Existing positions reduced: 239

Holders
538
Holders Change
+16
Holders Change %
+3.07%
% of All Funds
14.35%
Holding in Top 10
27
Holding in Top 10 Change
+10
Holding in Top 10 Change %
+58.82%
% of All Funds
0.72%
New
77
Increased
149
Reduced
239
Closed
57
Calls
$364M
Puts
$386M
Net Calls
-$21.4M
Net Calls Change
-$17.9M
Name Holding Trade Value Shares
Change
Change in
Stake
SDIC
76
South Dakota Investment Council
South Dakota
$31.9M +$1.83M +38,090 +7%
AllianceBernstein
77
AllianceBernstein
Tennessee
$30.4M -$1.18M -24,615 -4%
GC
78
Guggenheim Capital
Illinois
$30.3M -$4M -83,152 -13%
Capital International Investors
79
Capital International Investors
California
$29M
State of Wisconsin Investment Board
80
State of Wisconsin Investment Board
Wisconsin
$28M -$5.29K -110 -0%
GAM
81
Gotham Asset Management
New York
$26.7M -$2M -41,520 -8%
DCM
82
Discovery Capital Management
Connecticut
$25.7M +$23.6M +490,000 New
FMI
83
Factory Mutual Insurance
Massachusetts
$25.6M +$23.5M +488,300 New
TA
84
Teachers Advisors
New York
$25.5M +$1.57M +32,725 +7%
State Board of Administration of Florida Retirement System
85
State Board of Administration of Florida Retirement System
Florida
$25.5M -$536K -11,135 -2%
RhumbLine Advisers
86
RhumbLine Advisers
Massachusetts
$25.4M -$129K -2,686 -0.6%
GIA
87
Gateway Investment Advisers
Ohio
$24.7M -$211K -4,377 -0.9%
Manulife (Manufacturers Life Insurance)
88
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$24.5M -$1.35M -28,067 -6%
WBC
89
Westpac Banking Corp
Australia
$24.1M -$8.97M -186,554 -29%
MFM
90
Marianas Fund Management
New York
$24.1M -$2.16M -44,800 -9%
BlackRock
91
BlackRock
New York
$24M -$1.09M -22,727 -5%
Principal Financial Group
92
Principal Financial Group
Iowa
$23.9M -$2.19M -45,578 -9%
Bank of Montreal
93
Bank of Montreal
Ontario, Canada
$23.8M +$1.17M +24,354 +6%
RCM
94
Redwood Capital Management
New York
$23.6M
HP
95
Hosking Partners
United Kingdom
$23.4M +$2.51M +52,100 +13%
EDRAMF
96
Edmond de Rothschild Asset Management (France)
France
$23.2M -$2.65M -55,000 -11%
EDRH
97
Edmond de Rothschild Holding
Switzerland
$23.2M -$2.65M -55,000 -11%
Point72 Asset Management
98
Point72 Asset Management
Connecticut
$23.1M -$7.69M -159,800 -27%
Legal & General Group
99
Legal & General Group
United Kingdom
$22.6M +$313K +6,502 +2%
First Trust Advisors
100
First Trust Advisors
Illinois
$22.5M +$7.46M +155,010 +57%

UAL Hedge Fund Activity: Q3 2016 in Review

538 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in United Airlines (UAL) for Q3 2016, worth a combined $15.5B — up 24% from $12.5B a quarter earlier.

Buyers outnumbered sellers: 77 funds opened new UAL positions and 57 closed out — a net gain of 20 holders — while 149 added to existing stakes and 239 trimmed.

The largest buyer was Berkshire Hathaway, opening a new position worth an estimated $218M. The largest seller was T. Rowe Price Associates, cutting an estimated $196M.

  • 538 institutional investors held United Airlines (UAL) as of Q3 2016, up from 522 in Q2 2016.
  • Funds reported $15.5B of United Airlines stock for Q3 2016, up 24% quarter-over-quarter.
  • 77 funds opened new United Airlines positions in Q3 2016 and 57 closed out, a net change of +20 holders.
  • The largest United Airlines buyer in Q3 2016 was Berkshire Hathaway, an estimated $218M added.
  • The largest United Airlines seller in Q3 2016 was T. Rowe Price Associates, an estimated $196M sold.

Based on aggregated 13F filings for Q3 2016.