United Airlines
UAL
575 hedge funds and large institutions have $7.88B invested in United Airlines in 2022 Q4 according to their latest regulatory filings, with 118 funds opening new positions, 197 increasing their positions, 156 reducing their positions, and 41 closing their positions.
188% more first-time investments, than exits
New positions opened: 118 | Existing positions closed: 41
26% more repeat investments, than reductions
Existing positions increased: 197 | Existing positions reduced: 156
24% more capital invested
Capital invested by funds: $6.35B → $7.88B (+$1.53B)
14% more funds holding
Funds holding: 506 → 575 (+69)
4.27% more ownership
Funds ownership: 60.11% → 64.38% (+4.3%)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
37% less call options, than puts
Call options by funds: $1.03B | Put options by funds: $1.64B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$174M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$141M |
| 3 |
Two Sigma Investments
New York
|
+$66.6M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$56.9M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$53.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
-$84.5M |
| 2 |
PCM
PAR Capital Management
Boston,
Massachusetts
|
-$62.2M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$54.7M |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$40.9M |
| 5 |
USGIU
U.S. Global Investors (USGI)
San Antonio,
Texas
|
-$31.3M |
UAL Hedge Fund Activity: Q4 2022 in Review
575 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in United Airlines (UAL) for Q4 2022, worth a combined $7.88B — up 24% from $6.35B a quarter earlier.
Buyers outnumbered sellers: 118 funds opened new UAL positions and 41 closed out — a net gain of 77 holders — while 197 added to existing stakes and 156 trimmed.
The largest buyer was Renaissance Technologies, adding an estimated $174M. The largest seller was Neuberger Berman Group, cutting an estimated $84.5M.
- 575 institutional investors held United Airlines (UAL) as of Q4 2022, up from 506 in Q3 2022.
- Funds reported $7.88B of United Airlines stock for Q4 2022, up 24% quarter-over-quarter.
- 118 funds opened new United Airlines positions in Q4 2022 and 41 closed out, a net change of +77 holders.
- The largest United Airlines buyer in Q4 2022 was Renaissance Technologies, an estimated $174M added.
- The largest United Airlines seller in Q4 2022 was Neuberger Berman Group, an estimated $84.5M sold.
Based on aggregated 13F filings for Q4 2022.