United Airlines
UAL
629 hedge funds and large institutions have $9.59B invested in United Airlines in 2023 Q4 according to their latest regulatory filings, with 100 funds opening new positions, 186 increasing their positions, 222 reducing their positions, and 85 closing their positions.
75% more funds holding in top 10
Funds holding in top 10: 4 → 7 (+3)
18% more first-time investments, than exits
New positions opened: 100 | Existing positions closed: 85
1% more funds holding
Funds holding: 621 → 629 (+8)
0.5% more ownership
Funds ownership: 70.32% → 70.83% (+0.5%)
2% less capital invested
Capital invested by funds: $9.81B → $9.59B (-$216M)
16% less repeat investments, than reductions
Existing positions increased: 186 | Existing positions reduced: 222
64% less call options, than puts
Call options by funds: $807M | Put options by funds: $2.24B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$216M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$110M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
+$107M |
| 4 |
BlackRock
New York
|
+$87.1M |
| 5 |
USGIU
U.S. Global Investors (USGI)
San Antonio,
Texas
|
+$39.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
-$130M |
| 2 |
Renaissance Technologies
New York
|
-$73.2M |
| 3 |
Prudential Financial
Newark,
New Jersey
|
-$47.1M |
| 4 |
Capital International Investors
Los Angeles,
California
|
-$46.1M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$43.8M |
UAL Hedge Fund Activity: Q4 2023 in Review
629 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in United Airlines (UAL) for Q4 2023, worth a combined $9.59B — down 2.2% from $9.81B a quarter earlier.
Buyers outnumbered sellers: 100 funds opened new UAL positions and 85 closed out — a net gain of 15 holders — while 186 added to existing stakes and 222 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $216M. The largest seller was Balyasny Asset Management, exiting entirely with an estimated $130M sold.
- 629 institutional investors held United Airlines (UAL) as of Q4 2023, up from 621 in Q3 2023.
- Funds reported $9.59B of United Airlines stock for Q4 2023, down 2.2% quarter-over-quarter.
- 100 funds opened new United Airlines positions in Q4 2023 and 85 closed out, a net change of +15 holders.
- The largest United Airlines buyer in Q4 2023 was Morgan Stanley, an estimated $216M added.
- The largest United Airlines seller in Q4 2023 was Balyasny Asset Management, an estimated $130M sold.
Based on aggregated 13F filings for Q4 2023.