United Airlines
UAL
646 hedge funds and large institutions have $12.7B invested in United Airlines in 2023 Q2 according to their latest regulatory filings, with 109 funds opening new positions, 192 increasing their positions, 203 reducing their positions, and 61 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 7 → 14 (+7)
79% more first-time investments, than exits
New positions opened: 109 | Existing positions closed: 61
28% more capital invested
Capital invested by funds: $9.9B → $12.7B (+$2.82B)
7% more funds holding
Funds holding: 601 → 646 (+45)
2.18% more ownership
Funds ownership: 68.54% → 70.72% (+2.2%)
5% less repeat investments, than reductions
Existing positions increased: 192 | Existing positions reduced: 203
54% less call options, than puts
Call options by funds: $1.1B | Put options by funds: $2.38B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$131M |
| 2 |
BlackRock
New York
|
+$87.1M |
| 3 |
Man Group
London,
United Kingdom
|
+$82.5M |
| 4 |
PCM
Patient Capital Management
Baltimore,
Maryland
|
+$46.2M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
+$44.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$96.1M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
-$59.1M |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$55.9M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$54M |
| 5 |
MVP
Miller Value Partners
Sarasota,
Florida
|
-$43.9M |
UAL Hedge Fund Activity: Q2 2023 in Review
646 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in United Airlines (UAL) for Q2 2023, worth a combined $12.7B — up 28% from $9.9B a quarter earlier.
Buyers outnumbered sellers: 109 funds opened new UAL positions and 61 closed out — a net gain of 48 holders — while 192 added to existing stakes and 203 trimmed.
The largest buyer was Citadel Advisors, adding an estimated $131M. The largest seller was Envestnet Asset Management, cutting an estimated $96.1M.
- 646 institutional investors held United Airlines (UAL) as of Q2 2023, up from 601 in Q1 2023.
- Funds reported $12.7B of United Airlines stock for Q2 2023, up 28% quarter-over-quarter.
- 109 funds opened new United Airlines positions in Q2 2023 and 61 closed out, a net change of +48 holders.
- The largest United Airlines buyer in Q2 2023 was Citadel Advisors, an estimated $131M added.
- The largest United Airlines seller in Q2 2023 was Envestnet Asset Management, an estimated $96.1M sold.
Based on aggregated 13F filings for Q2 2023.