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United Airlines

629 hedge funds and large institutions have $22.3B invested in United Airlines in 2018 Q4 according to their latest regulatory filings, with 120 funds opening new positions, 208 increasing their positions, 196 reducing their positions, and 65 closing their positions.

New
Increased
Maintained
Reduced
Closed

85% more first-time investments, than exits

New positions opened: 120 | Existing positions closed: 65

19% more call options, than puts

Call options by funds: $1.19B | Put options by funds: $1B

8% more funds holding

Funds holding: 580629 (+49)

1.29% more ownership

Funds ownership: 96.85%98.14% (+1.3%)

6% more repeat investments, than reductions

Existing positions increased: 208 | Existing positions reduced: 196

5% less capital invested

Capital invested by funds: $23.5B → $22.3B (-$1.2B)

18% less funds holding in top 10

Funds holding in top 10: 2218 (-4)

Holders
629
Holders Change
+49
Holders Change %
+8.45%
% of All Funds
14.02%
Holding in Top 10
18
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-18.18%
% of All Funds
0.4%
New
120
Increased
208
Reduced
196
Closed
65
Calls
$1.19B
Puts
$1B
Net Calls
+$191M
Net Calls Change
-$336M
Name Holding Trade Value Shares
Change
Change in
Stake
Robeco Institutional Asset Management
76
Robeco Institutional Asset Management
Netherlands
$28.3M +$8.9M +101,346 +43%
Citigroup
77
Citigroup
New York
$28.3M +$17.2M +195,294 +137%
SO
78
STRS Ohio
Ohio
$27.9M -$22.9M -260,596 -44%
Squarepoint
79
Squarepoint
New York
$27.7M +$25.2M +286,389 +648%
State Board of Administration of Florida Retirement System
80
State Board of Administration of Florida Retirement System
Florida
$27.4M -$237K -2,698 -0.8%
Canada Life
81
Canada Life
Manitoba, Canada
$26.9M +$663K +7,545 +2%
GAM
82
Gotham Asset Management
New York
$26.8M +$16.4M +186,639 +140%
TD Asset Management
83
TD Asset Management
Ontario, Canada
$26.6M +$3.34M +38,034 +14%
FMI
84
Factory Mutual Insurance
Massachusetts
$26.4M
NM
85
NWI Management
New York
$26.4M -$7.91M -90,000 -22%
AIMCA
86
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$25.4M +$8.84M +100,600 +50%
Sumitomo Mitsui Trust Group
87
Sumitomo Mitsui Trust Group
Japan
$25.1M +$3.22M +36,712 +14%
First Trust Advisors
88
First Trust Advisors
Illinois
$24.9M -$20.8M -236,350 -44%
Manulife (Manufacturers Life Insurance)
89
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$23.8M +$978K +11,139 +4%
DDPIC
90
Deroy & Devereaux Private Investment Counsel
Michigan
$23.7M -$522K -5,946 -2%
HA
91
Highland Associates
Alabama
$23.6M +$24.8M +282,200 New
BGIM
92
Brandywine Global Investment Management
Pennsylvania
$23.2M -$54.8M -624,260 -69%
MAM
93
Martingale Asset Management
Massachusetts
$22.9M +$9.91M +112,835 +70%
Holocene Advisors
94
Holocene Advisors
New York
$22.7M +$23.9M +271,671 New
AIM
95
Artemis Investment Management
United Kingdom
$22.6M +$23.8M +270,492 New
MSL
96
Mackay Shields LLC
New York
$22.5M -$6.84M -77,925 -22%
KBC Group
97
KBC Group
Belgium
$21.1M +$12.8M +146,100 +138%
GIA
98
Gateway Investment Advisers
Ohio
$20.6M -$78.3K -891 -0.4%
O
99
OppenheimerFunds
New York
$19.6M +$17.3M +197,028 +529%
UBS Group
100
UBS Group
Switzerland
$19.4M -$1.47M -16,714 -7%

UAL Hedge Fund Activity: Q4 2018 in Review

629 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in United Airlines (UAL) for Q4 2018, worth a combined $22.3B — down 5.1% from $23.5B a quarter earlier.

Buyers outnumbered sellers: 120 funds opened new UAL positions and 65 closed out — a net gain of 55 holders — while 208 added to existing stakes and 196 trimmed.

The largest buyer was Goldman Sachs, adding an estimated $274M. The largest seller was Berkshire Hathaway, cutting an estimated $355M.

  • 629 institutional investors held United Airlines (UAL) as of Q4 2018, up from 580 in Q3 2018.
  • Funds reported $22.3B of United Airlines stock for Q4 2018, down 5.1% quarter-over-quarter.
  • 120 funds opened new United Airlines positions in Q4 2018 and 65 closed out, a net change of +55 holders.
  • The largest United Airlines buyer in Q4 2018 was Goldman Sachs, an estimated $274M added.
  • The largest United Airlines seller in Q4 2018 was Berkshire Hathaway, an estimated $355M sold.

Based on aggregated 13F filings for Q4 2018.