United Airlines
UAL
545 hedge funds and large institutions have $9B invested in United Airlines in 2021 Q3 according to their latest regulatory filings, with 70 funds opening new positions, 151 increasing their positions, 193 reducing their positions, and 74 closing their positions.
5% less first-time investments, than exits
New positions opened: 70 | Existing positions closed: 74
1.79% less ownership
Funds ownership: 60.3% → 58.51% (-1.8%)
3% less funds holding
Funds holding: 560 → 545 (-15)
12% less capital invested
Capital invested by funds: $10.2B → $9B (-$1.19B)
22% less repeat investments, than reductions
Existing positions increased: 151 | Existing positions reduced: 193
22% less funds holding in top 10
Funds holding in top 10: 9 → 7 (-2)
25% less call options, than puts
Call options by funds: $1.69B | Put options by funds: $2.25B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$124M |
| 2 |
USGIU
U.S. Global Investors (USGI)
San Antonio,
Texas
|
+$39.2M |
| 3 |
SH
SeaTown Holdings
Singapore
|
+$34.1M |
| 4 |
Goldman Sachs
New York
|
+$34M |
| 5 |
Man Group
London,
United Kingdom
|
+$33.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Altimeter Capital Management
Boston,
Massachusetts
|
-$150M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$123M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$87.5M |
| 4 |
JP Morgan Chase
New York
|
-$58.2M |
| 5 |
Two Sigma Advisers
New York
|
-$52.1M |
UAL Hedge Fund Activity: Q3 2021 in Review
545 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in United Airlines (UAL) for Q3 2021, worth a combined $9B — down 12% from $10.2B a quarter earlier.
Sellers outnumbered buyers: 74 funds closed out of UAL and 70 opened new positions — a net loss of 4 holders — while 193 trimmed existing stakes and 151 added.
The largest buyer was Bank of Montreal, adding an estimated $124M. The largest seller was Altimeter Capital Management, exiting entirely with an estimated $150M sold.
- 545 institutional investors held United Airlines (UAL) as of Q3 2021, down from 560 in Q2 2021.
- Funds reported $9B of United Airlines stock for Q3 2021, down 12% quarter-over-quarter.
- 70 funds opened new United Airlines positions in Q3 2021 and 74 closed out, a net change of -4 holders.
- The largest United Airlines buyer in Q3 2021 was Bank of Montreal, an estimated $124M added.
- The largest United Airlines seller in Q3 2021 was Altimeter Capital Management, an estimated $150M sold.
Based on aggregated 13F filings for Q3 2021.