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United Airlines

546 hedge funds and large institutions have $18.2B invested in United Airlines in 2018 Q2 according to their latest regulatory filings, with 72 funds opening new positions, 151 increasing their positions, 220 reducing their positions, and 70 closing their positions.

New
Increased
Maintained
Reduced
Closed

35% more funds holding in top 10

Funds holding in top 10: 1723 (+6)

22% more call options, than puts

Call options by funds: $598M | Put options by funds: $489M

3% more first-time investments, than exits

New positions opened: 72 | Existing positions closed: 70

0.2% more ownership

Funds ownership: 94.09%94.3% (+0.2%)

1% less funds holding

Funds holding: 549546 (-3)

2% less capital invested

Capital invested by funds: $18.6B → $18.2B (-$374M)

31% less repeat investments, than reductions

Existing positions increased: 151 | Existing positions reduced: 220

Holders
546
Holders Change
-3
Holders Change %
-0.55%
% of All Funds
12.5%
Holding in Top 10
23
Holding in Top 10 Change
+6
Holding in Top 10 Change %
+35.29%
% of All Funds
0.53%
New
72
Increased
151
Reduced
220
Closed
70
Calls
$598M
Puts
$489M
Net Calls
+$109M
Net Calls Change
+$86.3M
Name Holding Trade Value Shares
Change
Change in
Stake
AQR Capital Management
76
AQR Capital Management
Connecticut
$25M -$247M -3,557,237 -91%
State Board of Administration of Florida Retirement System
77
State Board of Administration of Florida Retirement System
Florida
$24.8M -$620K -8,917 -2%
Principal Financial Group
78
Principal Financial Group
Iowa
$24.4M -$983K -14,143 -4%
Teacher Retirement System of Texas
79
Teacher Retirement System of Texas
Texas
$24.3M +$414K +5,957 +2%
Neuberger Berman Group
80
Neuberger Berman Group
New York
$24.1M -$29.5M -425,039 -55%
Adage Capital Partners
81
Adage Capital Partners
Massachusetts
$24.1M -$1.78M -25,659 -7%
HI
82
HBK Investments
Texas
$23.4M +$4.05M +58,229 +21%
OSAM
83
O'Shaughnessy Asset Management
Connecticut
$23.2M -$12.9M -185,859 -36%
SDIC
84
South Dakota Investment Council
South Dakota
$22.9M -$3.28M -47,210 -13%
RCM
85
Redwood Capital Management
New York
$20.9M
TRSOTSOK
86
Teachers Retirement System of the State of Kentucky
Kentucky
$20.5M +$14.6M +209,500 +248%
Russell Investments Group
87
Russell Investments Group
United Kingdom
$20.3M -$2.93M -42,212 -13%
UBS Group
88
UBS Group
Switzerland
$19.3M -$22.3M -320,359 -54%
Canada Pension Plan Investment Board
89
Canada Pension Plan Investment Board
Ontario, Canada
$18.5M -$13.9M -199,796 -43%
Sumitomo Mitsui Trust Group
90
Sumitomo Mitsui Trust Group
Japan
$18.1M +$694K +9,980 +4%
GIA
91
Gateway Investment Advisers
Ohio
$18M -$248K -3,567 -1%
KCM
92
Kingdon Capital Management
New York
$17.3M +$17.3M +248,628 New
CWM
93
CIBC World Markets
New York
$17.2M -$128K -1,839 -0.7%
HSBC Holdings
94
HSBC Holdings
United Kingdom
$17.1M -$7.28M -104,822 -30%
WCM
95
Wedge Capital Management
North Carolina
$16.8M -$404K -5,813 -2%
TD Asset Management
96
TD Asset Management
Ontario, Canada
$16.6M +$511K +7,360 +3%
Swiss National Bank
97
Swiss National Bank
Switzerland
$16.5M -$202K -2,900 -1%
Boston Partners
98
Boston Partners
Massachusetts
$15.7M -$51.6M -742,932 -77%
EMR
99
Errol M. Rudman
$15.7M -$1.04M -15,000 -6%
CS
100
Credit Suisse
Switzerland
$15.6M -$259K -3,722 -2%

UAL Hedge Fund Activity: Q2 2018 in Review

546 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in United Airlines (UAL) for Q2 2018, worth a combined $18.2B — down 2% from $18.6B a quarter earlier.

Buyers outnumbered sellers: 72 funds opened new UAL positions and 70 closed out — a net gain of 2 holders — while 151 added to existing stakes and 220 trimmed.

The largest buyer was Lansdowne Partners (UK), opening a new position worth an estimated $251M. The largest seller was AQR Capital Management, cutting an estimated $247M.

  • 546 institutional investors held United Airlines (UAL) as of Q2 2018, down from 549 in Q1 2018.
  • Funds reported $18.2B of United Airlines stock for Q2 2018, down 2% quarter-over-quarter.
  • 72 funds opened new United Airlines positions in Q2 2018 and 70 closed out, a net change of +2 holders.
  • The largest United Airlines buyer in Q2 2018 was Lansdowne Partners (UK), an estimated $251M added.
  • The largest United Airlines seller in Q2 2018 was AQR Capital Management, an estimated $247M sold.

Based on aggregated 13F filings for Q2 2018.