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United Airlines

465 hedge funds and large institutions have $6.15B invested in United Airlines in 2020 Q2 according to their latest regulatory filings, with 100 funds opening new positions, 161 increasing their positions, 153 reducing their positions, and 155 closing their positions.

New
Increased
Maintained
Reduced
Closed

5% more repeat investments, than reductions

Existing positions increased: 161 | Existing positions reduced: 153

8% less capital invested

Capital invested by funds: $6.7B → $6.15B (-$550M)

11% less funds holding

Funds holding: 523465 (-58)

17% less call options, than puts

Call options by funds: $968M | Put options by funds: $1.17B

22% less funds holding in top 10

Funds holding in top 10: 97 (-2)

24.56% less ownership

Funds ownership: 85.74%61.18% (-25%)

35% less first-time investments, than exits

New positions opened: 100 | Existing positions closed: 155

Holders
465
Holders Change
-58
Holders Change %
-11.09%
% of All Funds
9.53%
Holding in Top 10
7
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-22.22%
% of All Funds
0.14%
New
100
Increased
161
Reduced
153
Closed
155
Calls
$968M
Puts
$1.17B
Net Calls
-$198M
Net Calls Change
-$244M
Name Holding Trade Value Shares
Change
Change in
Stake
TD Asset Management
101
TD Asset Management
Ontario, Canada
$3.51M -$3.23M -107,682 -52%
SEI Investments
102
SEI Investments
Pennsylvania
$3.47M -$608K -20,282 -17%
Parallax Volatility Advisers
103
Parallax Volatility Advisers
California
$3.42M -$4.5M -150,019 -60%
Commonwealth Equity Services
104
Commonwealth Equity Services
Massachusetts
$3.39M +$1.57M +52,508 +115%
AIG
105
American International Group
New York
$3.39M -$106K -3,533 -3%
CWM
106
CIBC World Markets
New York
$3.35M +$1.8M +59,934 +163%
Osaic Holdings
107
Osaic Holdings
Arizona
$3.31M -$3.08M -102,719 -52%
FCM
108
Frontier Capital Management
Massachusetts
$3.2M -$16.6M -552,875 -86%
Qube Research & Technologies (QRT)
109
Qube Research & Technologies (QRT)
United Kingdom
$3.03M +$1.88M +62,679 +253%
LCM
110
Laurion Capital Management
New York
$3M +$2.6M +86,805 New
MC
111
Maverick Capital
Texas
$2.94M -$2.47M -82,213 -49%
State of Wisconsin Investment Board
112
State of Wisconsin Investment Board
Wisconsin
$2.81M -$669K -22,322 -22%
RJFSA
113
Raymond James Financial Services Advisors
Florida
$2.81M +$1.45M +48,424 +148%
Aberdeen Group
114
Aberdeen Group
United Kingdom
$2.78M -$618K -20,622 -20%
TC
115
TownSquare Capital
Utah
$2.73M -$64.2K -2,140 -2%
Calamos Advisors
116
Calamos Advisors
Illinois
$2.72M -$151K -5,026 -6%
Creative Planning
117
Creative Planning
Kansas
$2.66M +$694K +23,134 +43%
Mitsubishi UFJ Trust & Banking
118
Mitsubishi UFJ Trust & Banking
Japan
$2.58M -$1.82M -60,849 -45%
AL
119
AJO LP
Pennsylvania
$2.45M -$1.68M -56,050 -44%
RC
120
RBF Capital
California
$2.42M
Mirae Asset Global Investments
121
Mirae Asset Global Investments
South Korea
$2.35M +$36.5K +1,218 +2%
MIM
122
MetLife Investment Management
New Jersey
$2.29M +$300K +9,990 +18%
VI
123
Vestcor Inc
New Brunswick, Canada
$2.24M +$1.8M +60,050 +1,289%
SOMRS
124
State of Michigan Retirement System
Michigan
$2.23M +$437K +14,568 +29%
PI
125
PEAK6 Investments
Illinois
$2.22M +$1.93M +64,255 New

UAL Hedge Fund Activity: Q2 2020 in Review

465 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in United Airlines (UAL) for Q2 2020, worth a combined $6.15B — down 8.2% from $6.7B a quarter earlier.

Sellers outnumbered buyers: 155 funds closed out of UAL and 100 opened new positions — a net loss of 55 holders — while 153 trimmed existing stakes and 161 added.

The largest buyer was Vanguard Group, adding an estimated $262M. The largest seller was Berkshire Hathaway, exiting entirely with an estimated $699M sold.

  • 465 institutional investors held United Airlines (UAL) as of Q2 2020, down from 523 in Q1 2020.
  • Funds reported $6.15B of United Airlines stock for Q2 2020, down 8.2% quarter-over-quarter.
  • 100 funds opened new United Airlines positions in Q2 2020 and 155 closed out, a net change of -55 holders.
  • The largest United Airlines buyer in Q2 2020 was Vanguard Group, an estimated $262M added.
  • The largest United Airlines seller in Q2 2020 was Berkshire Hathaway, an estimated $699M sold.

Based on aggregated 13F filings for Q2 2020.