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United Airlines

397 hedge funds and large institutions have $14.9B invested in United Airlines in 2014 Q2 according to their latest regulatory filings, with 69 funds opening new positions, 148 increasing their positions, 113 reducing their positions, and 56 closing their positions.

New
Increased
Maintained
Reduced
Closed

190% more call options, than puts

Call options by funds: $1B | Put options by funds: $346M

31% more repeat investments, than reductions

Existing positions increased: 148 | Existing positions reduced: 113

23% more first-time investments, than exits

New positions opened: 69 | Existing positions closed: 56

3% more funds holding

Funds holding: 386397 (+11)

1.65% less ownership

Funds ownership: 98.85%97.2% (-1.7%)

9% less funds holding in top 10

Funds holding in top 10: 2220 (-2)

9% less capital invested

Capital invested by funds: $16.4B → $14.9B (-$1.5B)

Holders
397
Holders Change
+11
Holders Change %
+2.85%
% of All Funds
11.41%
Holding in Top 10
20
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-9.09%
% of All Funds
0.57%
New
69
Increased
148
Reduced
113
Closed
56
Calls
$1B
Puts
$346M
Net Calls
+$656M
Net Calls Change
+$262M
Name Holding Trade Value Shares
Change
Change in
Stake
Lazard Asset Management
176
Lazard Asset Management
New York
$4.37M
ID
177
Integral Derivatives
New York
$4.36M +$3.55M +82,385 +347%
JGC
178
J. Goldman & Co
New York
$4.34M +$4.55M +105,625 New
NIM
179
Needham Investment Management
New York
$4.31M +$215K +5,000 +5%
N
180
Natixis
France
$4.23M +$2.09M +48,600 +89%
HAI
181
Hennessy Advisors Inc
California
$4.21M -$17.2K -400 -0.4%
HHC
182
Hutchin Hill Capital
New York
$4.08M +$3.84M +89,100 +865%
Principal Financial Group
183
Principal Financial Group
Iowa
$3.97M -$622K -14,428 -13%
Asset Management One
184
Asset Management One
Japan
$3.97M -$633K -14,689 -13%
SIP
185
Stoneridge Investment Partners
Pennsylvania
$3.93M +$1.26M +29,303 +44%
WMSA
186
Weiss Multi-Strategy Advisers
New York
$3.9M +$560K +13,000 +16%
TCM
187
Tran Capital Management
California
$3.85M +$194K +4,500 +5%
BCMNY
188
Buckingham Capital Management (New York)
New York
$3.84M -$1.69M -39,330 -30%
AQR Capital Management
189
AQR Capital Management
Connecticut
$3.81M -$460K -10,664 -10%
IRF
190
IBM Retirement Fund
New York
$3.79M +$138K +3,199 +4%
BJ
191
BlackRock Japan
Japan
$3.77M -$430K -9,989 -10%
Swiss National Bank
192
Swiss National Bank
Switzerland
$3.71M +$112K +2,600 +3%
OCM
193
Oskie Capital Management
New York
$3.7M +$3.88M +90,000 New
ARTA
194
A.R.T. Advisors
New York
$3.53M +$3.71M +86,064 New
Royal Bank of Canada
195
Royal Bank of Canada
Ontario, Canada
$3.53M +$248K +5,755 +7%
Fuller & Thaler Asset Management
196
Fuller & Thaler Asset Management
California
$3.45M +$103K +2,400 +3%
GCA
197
Greenwood Capital Associates
South Carolina
$3.39M +$155K +3,600 +5%
APG Asset Management
198
APG Asset Management
Netherlands
$3.34M +$762K +17,686 +28%
ECP
199
Empyrean Capital Partners
California
$3.33M +$3.49M +81,000 New
CF
200
CNA Financial
Illinois
$3.29M +$1.29M +30,000 +60%

UAL Hedge Fund Activity: Q2 2014 in Review

397 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in United Airlines (UAL) for Q2 2014, worth a combined $14.9B — down 9.2% from $16.4B a quarter earlier.

Buyers outnumbered sellers: 69 funds opened new UAL positions and 56 closed out — a net gain of 13 holders — while 148 added to existing stakes and 113 trimmed.

The largest buyer was JP Morgan Chase, adding an estimated $270M. The largest seller was T. Rowe Price Associates, cutting an estimated $458M.

  • 397 institutional investors held United Airlines (UAL) as of Q2 2014, up from 386 in Q1 2014.
  • Funds reported $14.9B of United Airlines stock for Q2 2014, down 9.2% quarter-over-quarter.
  • 69 funds opened new United Airlines positions in Q2 2014 and 56 closed out, a net change of +13 holders.
  • The largest United Airlines buyer in Q2 2014 was JP Morgan Chase, an estimated $270M added.
  • The largest United Airlines seller in Q2 2014 was T. Rowe Price Associates, an estimated $458M sold.

Based on aggregated 13F filings for Q2 2014.