United Airlines
UAL
847 hedge funds and large institutions have $19.8B invested in United Airlines in 2025 Q1 according to their latest regulatory filings, with 171 funds opening new positions, 321 increasing their positions, 238 reducing their positions, and 165 closing their positions.
35% more repeat investments, than reductions
Existing positions increased: 321 | Existing positions reduced: 238
4% more first-time investments, than exits
New positions opened: 171 | Existing positions closed: 165
0.42% more ownership
Funds ownership: 87.42% → 87.85% (+0.42%)
1% less funds holding
Funds holding: 858 → 847 (-11)
16% less call options, than puts
Call options by funds: $1.85B | Put options by funds: $2.22B
30% less capital invested
Capital invested by funds: $28.2B → $19.8B (-$8.34B)
63% less funds holding in top 10
Funds holding in top 10: 30 → 11 (-19)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pacer Advisors
Malvern,
Pennsylvania
|
+$474M |
| 2 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$356M |
| 3 |
Alyeska Investment Group
Chicago,
Illinois
|
+$175M |
| 4 |
BA
Bridgewater Associates
Westport,
Connecticut
|
+$145M |
| 5 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$140M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CHP
Castle Hook Partners
New York
|
-$347M |
| 2 |
D.E. Shaw & Co
New York
|
-$345M |
| 3 |
Koshinski Asset Management
Decatur,
Illinois
|
-$259M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$236M |
| 5 |
Capital World Investors
Los Angeles,
California
|
-$204M |
UAL Hedge Fund Activity: Q1 2025 in Review
847 of the 7,458 institutional investors tracked by Wall St. Rank reported a position in United Airlines (UAL) for Q1 2025, worth a combined $19.8B — down 30% from $28.2B a quarter earlier.
Buyers outnumbered sellers: 171 funds opened new UAL positions and 165 closed out — a net gain of 6 holders — while 321 added to existing stakes and 238 trimmed.
The largest buyer was Pacer Advisors, adding an estimated $474M. The largest seller was Castle Hook Partners, cutting an estimated $347M.
- 847 institutional investors held United Airlines (UAL) as of Q1 2025, down from 858 in Q4 2024.
- Funds reported $19.8B of United Airlines stock for Q1 2025, down 30% quarter-over-quarter.
- 171 funds opened new United Airlines positions in Q1 2025 and 165 closed out, a net change of +6 holders.
- The largest United Airlines buyer in Q1 2025 was Pacer Advisors, an estimated $474M added.
- The largest United Airlines seller in Q1 2025 was Castle Hook Partners, an estimated $347M sold.
Based on aggregated 13F filings for Q1 2025.