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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
GJL
126
Gendell Jeffrey L
$12.2M -$28.8M -327,850 -69%
RCM
127
Riverhead Capital Management
Delaware
$12.1M +$3.72M +42,333 +41%
RJA
128
Raymond James & Associates
Florida
$11.9M +$2.25M +25,566 +22%
Macquarie Group
129
Macquarie Group
Australia
$11.6M +$11.8M +133,964 +2,627%
CBOA
130
Commonwealth Bank of Australia
Australia
$11.3M -$1.1M -12,500 -8%
Russell Investments Group
131
Russell Investments Group
United Kingdom
$11.1M -$17.4M -198,515 -60%
TAM
132
Tyers Asset Management
Texas
$10.6M +$3.27M +37,268 +42%
Asset Management One
133
Asset Management One
Japan
$10.6M -$344K -3,921 -3%
Treasurer of the State of North Carolina
134
Treasurer of the State of North Carolina
North Carolina
$10.3M +$142K +1,617 +1%
USGIU
135
U.S. Global Investors (USGI)
Texas
$9.92M -$1.62M -18,435 -13%
State of Wisconsin Investment Board
136
State of Wisconsin Investment Board
Wisconsin
$9.85M +$1.23M +13,990 +13%
MPM
137
Mountaineer Partners Management
New York
$9.85M +$10.3M +117,630 New
TI
138
Trexquant Investment
Connecticut
$9.51M +$8.66M +98,558 +655%
Toronto Dominion Bank
139
Toronto Dominion Bank
Ontario, Canada
$9.51M -$2.04M -23,281 -17%
ERSOT
140
Employees Retirement System of Texas
Texas
$9.39M +$6.15M +70,000 +166%
AIG
141
American International Group
New York
$9.14M +$1.64M +18,653 +21%
VOYA Investment Management
142
VOYA Investment Management
Georgia
$9.05M +$93.5K +1,064 +1%
MWNA
143
Marshall Wace North America
New York
$9M +$9.44M +107,509 New
AIM
144
Assured Investment Management
New York
$8.84M +$9.28M +105,619 New
Retirement Systems of Alabama
145
Retirement Systems of Alabama
Alabama
$8.84M
GC
146
Guggenheim Capital
Illinois
$8.69M +$1.64M +18,695 +22%
ARTA
147
A.R.T. Advisors
New York
$8.38M +$7.07M +80,500 +411%
TC
148
Tyvor Capital
Illinois
$8.37M -$26.2M -298,814 -75%
MSE
149
MUFG Securities EMEA
United Kingdom
$8.37M +$8.24M +93,792 +1,511%
GAMA
150
Graticule Asia Macro Advisors
New York
$8.17M +$8.57M +97,595 New

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.