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United Airlines

546 hedge funds and large institutions have $18.2B invested in United Airlines in 2018 Q2 according to their latest regulatory filings, with 72 funds opening new positions, 151 increasing their positions, 220 reducing their positions, and 70 closing their positions.

New
Increased
Maintained
Reduced
Closed

35% more funds holding in top 10

Funds holding in top 10: 1723 (+6)

22% more call options, than puts

Call options by funds: $598M | Put options by funds: $489M

3% more first-time investments, than exits

New positions opened: 72 | Existing positions closed: 70

0.2% more ownership

Funds ownership: 94.09%94.3% (+0.2%)

1% less funds holding

Funds holding: 549546 (-3)

2% less capital invested

Capital invested by funds: $18.6B → $18.2B (-$374M)

31% less repeat investments, than reductions

Existing positions increased: 151 | Existing positions reduced: 220

Holders
546
Holders Change
-3
Holders Change %
-0.55%
% of All Funds
12.5%
Holding in Top 10
23
Holding in Top 10 Change
+6
Holding in Top 10 Change %
+35.29%
% of All Funds
0.53%
New
72
Increased
151
Reduced
220
Closed
70
Calls
$598M
Puts
$489M
Net Calls
+$109M
Net Calls Change
+$86.3M
Name Holding Trade Value Shares
Change
Change in
Stake
Nisa Investment Advisors
151
Nisa Investment Advisors
Missouri
$5.22M -$57.3K -825 -1%
AIA
152
Avalon Investment & Advisory
Texas
$5.12M -$107K -1,545 -2%
HCM
153
Hodges Capital Management
Texas
$4.96M -$52.1K -750 -2%
RC
154
RBF Capital
California
$4.88M
SOMRS
155
State of Michigan Retirement System
Michigan
$4.86M -$104K -1,500 -2%
ZIG
156
Zurich Insurance Group
Switzerland
$4.86M +$4.85M +69,731 New
MIM
157
MetLife Investment Management
New Jersey
$4.84M -$240K -3,449 -5%
NA
158
Neuburgh Advisers
California
$4.55M +$730K +10,506 +19%
Aberdeen Group
159
Aberdeen Group
United Kingdom
$4.54M +$121K +1,741 +3%
Bank of Nova Scotia
160
Bank of Nova Scotia
Ontario, Canada
$4.52M +$2.35M +33,750 +108%
Lord, Abbett & Co
161
Lord, Abbett & Co
New Jersey
$4.43M -$229K -3,300 -5%
QC
162
Quadrature Capital
United Kingdom
$4.42M +$169K +2,434 +4%
Twin Tree Management
163
Twin Tree Management
Texas
$4.4M +$3.29M +47,406 +301%
SIM
164
Sentry Investment Management
Wisconsin
$4.38M -$487K -7,010 -10%
PAMU
165
Pictet Asset Management (UK)
United Kingdom
$4.36M -$2.95M -42,500 -40%
GC
166
Guggenheim Capital
Illinois
$4.18M -$44.9M -645,535 -91%
Comerica Bank
167
Comerica Bank
Texas
$4.05M -$158K -2,278 -4%
ASRS
168
Arizona State Retirement System
Arizona
$4.04M -$1.43M -20,581 -26%
ProShare Advisors
169
ProShare Advisors
Maryland
$4.01M -$83.9K -1,207 -2%
ACI
170
AMP Capital Investors
Australia
$4.01M +$144K +2,067 +4%
TPSF
171
Texas Permanent School Fund
Texas
$4.01M -$349K -5,016 -8%
ECM
172
Element Capital Management
New York
$4M +$3.11M +44,794 +358%
SC
173
Shellback Capital
Massachusetts
$3.94M -$2.08M -30,000 -35%
VIA
174
Vident Investment Advisory
Georgia
$3.87M +$428K +6,161 +12%
PCIG
175
Partners Capital Investment Group
Massachusetts
$3.84M +$793K +11,416 +26%

UAL Hedge Fund Activity: Q2 2018 in Review

546 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in United Airlines (UAL) for Q2 2018, worth a combined $18.2B — down 2% from $18.6B a quarter earlier.

Buyers outnumbered sellers: 72 funds opened new UAL positions and 70 closed out — a net gain of 2 holders — while 151 added to existing stakes and 220 trimmed.

The largest buyer was Lansdowne Partners (UK), opening a new position worth an estimated $251M. The largest seller was AQR Capital Management, cutting an estimated $247M.

  • 546 institutional investors held United Airlines (UAL) as of Q2 2018, down from 549 in Q1 2018.
  • Funds reported $18.2B of United Airlines stock for Q2 2018, down 2% quarter-over-quarter.
  • 72 funds opened new United Airlines positions in Q2 2018 and 70 closed out, a net change of +2 holders.
  • The largest United Airlines buyer in Q2 2018 was Lansdowne Partners (UK), an estimated $251M added.
  • The largest United Airlines seller in Q2 2018 was AQR Capital Management, an estimated $247M sold.

Based on aggregated 13F filings for Q2 2018.