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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
SCM
151
Sterling Capital Management
North Carolina
$7.89M +$5.4M +61,480 +187%
OPERF
152
Oregon Public Employees Retirement Fund
Oregon
$7.87M -$1.48M -16,866 -15%
Aviva
153
Aviva
United Kingdom
$7.84M -$262K -2,984 -3%
GHCM
154
Glen Harbor Capital Management
California
$7.74M +$2.38M +27,104 +42%
GCC
155
Game Creek Capital
Massachusetts
$7.47M -$202K -2,300 -3%
Marshall Wace
156
Marshall Wace
United Kingdom
$7.26M +$7.62M +86,754 New
ACI
157
AMP Capital Investors
Australia
$6.76M +$2.37M +27,025 +50%
KC
158
Kepos Capital
New York
$6.75M +$622K +7,083 +10%
CCM
159
Cobalt Capital Management
New Jersey
$6.66M -$7.33M -83,500 -51%
Balyasny Asset Management
160
Balyasny Asset Management
Illinois
$6.58M +$4.87M +55,391 +239%
LHC
161
Lodge Hill Capital
New York
$6.47M +$6.79M +77,315 New
Nisa Investment Advisors
162
Nisa Investment Advisors
Missouri
$6.4M -$2.15M -24,430 -24%
C
163
Consulta
United Kingdom
$6.28M +$6.59M +75,000 New
Parallax Volatility Advisers
164
Parallax Volatility Advisers
California
$6.21M -$2.41M -27,466 -27%
ZIG
165
Zurich Insurance Group
Switzerland
$6.13M +$1.48M +16,821 +30%
Victory Capital Management
166
Victory Capital Management
Texas
$6.12M +$1.25M +14,279 +24%
RC
167
RBF Capital
California
$5.86M
Bank of Nova Scotia
168
Bank of Nova Scotia
Ontario, Canada
$5.78M +$1.95M +22,171 +47%
RPI
169
Railway Pension Investments
United Kingdom
$5.74M +$6.03M +68,602 New
Aberdeen Group
170
Aberdeen Group
United Kingdom
$5.67M -$281K -3,202 -4%
SIM
171
Sentry Investment Management
Wisconsin
$5.64M -$301K -3,427 -5%
SOMRS
172
State of Michigan Retirement System
Michigan
$5.49M -$237K -2,700 -4%
MIM
173
MetLife Investment Management
New Jersey
$5.48M -$102K -1,160 -2%
MAM
174
Meeder Asset Management
Ohio
$5.37M -$367K -4,178 -6%
CTA
175
Carillon Tower Advisers
Florida
$5.29M +$5.55M +63,200 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.