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United Airlines

562 hedge funds and large institutions have $22.1B invested in United Airlines in 2016 Q4 according to their latest regulatory filings, with 103 funds opening new positions, 147 increasing their positions, 243 reducing their positions, and 69 closing their positions.

New
Increased
Maintained
Reduced
Closed

49% more first-time investments, than exits

New positions opened: 103 | Existing positions closed: 69

43% more capital invested

Capital invested by funds: $15.5B → $22.1B (+$6.61B)

19% more funds holding in top 10

Funds holding in top 10: 2732 (+5)

4% more funds holding

Funds holding: 538562 (+24)

3.41% more ownership

Funds ownership: 91.94%95.35% (+3.4%)

2% more call options, than puts

Call options by funds: $601M | Put options by funds: $591M

40% less repeat investments, than reductions

Existing positions increased: 147 | Existing positions reduced: 243

Holders
562
Holders Change
+24
Holders Change %
+4.46%
% of All Funds
14.05%
Holding in Top 10
32
Holding in Top 10 Change
+5
Holding in Top 10 Change %
+18.52%
% of All Funds
0.8%
New
103
Increased
147
Reduced
243
Closed
69
Calls
$601M
Puts
$591M
Net Calls
+$10.5M
Net Calls Change
+$31.9M
Name Holding Trade Value Shares
Change
Change in
Stake
AllianceBernstein
76
AllianceBernstein
Tennessee
$40.7M -$1.31M -20,602 -4%
Millennium Management
77
Millennium Management
New York
$40.7M -$138M -2,170,425 -80%
SDIC
78
South Dakota Investment Council
South Dakota
$39M -$4.62M -72,520 -12%
GAM
79
Gotham Asset Management
New York
$38.7M +$1.43M +22,474 +4%
Los Angeles Capital Management
80
Los Angeles Capital Management
California
$38.5M +$30.4M +477,636 +951%
RhumbLine Advisers
81
RhumbLine Advisers
Massachusetts
$37.7M +$2.11M +33,077 +7%
FMI
82
Factory Mutual Insurance
Massachusetts
$35.4M
SO
83
STRS Ohio
Ohio
$35.3M -$10.9M -170,892 -26%
State Board of Administration of Florida Retirement System
84
State Board of Administration of Florida Retirement System
Florida
$34.8M -$531K -8,335 -2%
BlackRock
85
BlackRock
New York
$33.9M +$510K +8,006 +2%
CS
86
Credit Suisse
Switzerland
$33.3M +$5.59M +87,692 +24%
UBS AM
87
UBS AM
Illinois
$33.2M +$11.5M +179,844 +65%
TCM
88
Tetrem Capital Management
Manitoba, Canada
$33.2M +$29M +455,200 New
Principal Financial Group
89
Principal Financial Group
Iowa
$32.7M -$432K -6,782 -1%
WBC
90
Westpac Banking Corp
Australia
$32.7M -$8.56M -134,293 -29%
Manulife (Manufacturers Life Insurance)
91
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$32.3M -$1.53M -23,951 -5%
HP
92
Hosking Partners
United Kingdom
$31.7M -$713K -11,184 -3%
Legal & General Group
93
Legal & General Group
United Kingdom
$30.8M -$554K -8,700 -2%
GJL
94
Gendell Jeffrey L
$30.7M +$1.44M +22,593 +6%
Adage Capital Partners
95
Adage Capital Partners
Massachusetts
$30.2M -$873K -13,700 -3%
RCM
96
Redwood Capital Management
New York
$29.2M -$3.19M -50,000 -11%
Acadian Asset Management
97
Acadian Asset Management
Massachusetts
$28.8M +$24.6M +386,666 +4,227%
Wellington Management Group
98
Wellington Management Group
Massachusetts
$28.2M +$14.1M +221,047 +133%
WMC
99
Westwood Management Corporation
Illinois
$26.9M +$23.5M +369,350 New
EDRH
100
Edmond de Rothschild Holding
Switzerland
$26.7M -$4.91M -77,000 -17%

UAL Hedge Fund Activity: Q4 2016 in Review

562 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in United Airlines (UAL) for Q4 2016, worth a combined $22.1B — up 43% from $15.5B a quarter earlier.

Buyers outnumbered sellers: 103 funds opened new UAL positions and 69 closed out — a net gain of 34 holders — while 147 added to existing stakes and 243 trimmed.

The largest buyer was Berkshire Hathaway, adding an estimated $1.56B. The largest seller was Citadel Advisors, cutting an estimated $181M.

  • 562 institutional investors held United Airlines (UAL) as of Q4 2016, up from 538 in Q3 2016.
  • Funds reported $22.1B of United Airlines stock for Q4 2016, up 43% quarter-over-quarter.
  • 103 funds opened new United Airlines positions in Q4 2016 and 69 closed out, a net change of +34 holders.
  • The largest United Airlines buyer in Q4 2016 was Berkshire Hathaway, an estimated $1.56B added.
  • The largest United Airlines seller in Q4 2016 was Citadel Advisors, an estimated $181M sold.

Based on aggregated 13F filings for Q4 2016.