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United Airlines

562 hedge funds and large institutions have $22.1B invested in United Airlines in 2016 Q4 according to their latest regulatory filings, with 103 funds opening new positions, 147 increasing their positions, 243 reducing their positions, and 69 closing their positions.

New
Increased
Maintained
Reduced
Closed

49% more first-time investments, than exits

New positions opened: 103 | Existing positions closed: 69

43% more capital invested

Capital invested by funds: $15.5B → $22.1B (+$6.61B)

19% more funds holding in top 10

Funds holding in top 10: 2732 (+5)

4% more funds holding

Funds holding: 538562 (+24)

3.41% more ownership

Funds ownership: 91.94%95.35% (+3.4%)

2% more call options, than puts

Call options by funds: $601M | Put options by funds: $591M

40% less repeat investments, than reductions

Existing positions increased: 147 | Existing positions reduced: 243

Holders
562
Holders Change
+24
Holders Change %
+4.46%
% of All Funds
14.05%
Holding in Top 10
32
Holding in Top 10 Change
+5
Holding in Top 10 Change %
+18.52%
% of All Funds
0.8%
New
103
Increased
147
Reduced
243
Closed
69
Calls
$601M
Puts
$591M
Net Calls
+$10.5M
Net Calls Change
+$31.9M
Name Holding Trade Value Shares
Change
Change in
Stake
Berkshire Hathaway
1
Berkshire Hathaway
Nebraska
$2.11B +$1.56B +24,418,340 +539%
Vanguard Group
2
Vanguard Group
Pennsylvania
$1.58B +$37.8M +592,730 +3%
Primecap Management
3
Primecap Management
California
$1.44B -$7.35M -115,397 -0.6%
PCM
4
PAR Capital Management
Massachusetts
$1.19B
JP Morgan Chase
5
JP Morgan Chase
New York
$941M -$112M -1,764,738 -12%
State Street
6
State Street
Massachusetts
$790M +$47.1M +739,535 +7%
ACM
7
Altimeter Capital Management
Massachusetts
$748M -$79.7M -1,251,503 -11%
BIT
8
BlackRock Institutional Trust
California
$551M -$5.85M -91,822 -1%
Fidelity Investments
9
Fidelity Investments
Massachusetts
$545M +$39.6M +622,056 +9%
T. Rowe Price Associates
10
T. Rowe Price Associates
Maryland
$516M +$30.1M +472,763 +7%
AQR Capital Management
11
AQR Capital Management
Connecticut
$494M -$39.6M -620,877 -8%
JHIU
12
Janus Henderson Investors US
Colorado
$463M -$119M -1,875,087 -23%
BFA
13
BlackRock Fund Advisors
California
$458M +$41.7M +653,792 +12%
ETC
14
Evercore Trust Company
New York
$408M -$8.9M -139,726 -2%
AL
15
AJO LP
Pennsylvania
$337M -$15.9M -250,277 -5%
LSV Asset Management
16
LSV Asset Management
Illinois
$305M +$1.15M +18,103 +0.4%
Ameriprise
17
Ameriprise
Minnesota
$292M -$38.3M -601,610 -13%
Boston Partners
18
Boston Partners
Massachusetts
$272M +$45M +706,343 +23%
BA
19
BlackRock Advisors
Delaware
$271M -$37.6M -590,167 -14%
Capital World Investors
20
Capital World Investors
California
$235M
Dimensional Fund Advisors
21
Dimensional Fund Advisors
Texas
$232M +$31.1M +487,952 +18%
Northern Trust
22
Northern Trust
Illinois
$228M -$7.8M -122,378 -4%
Goldman Sachs
23
Goldman Sachs
New York
$228M +$52.5M +824,291 +36%
Geode Capital Management
24
Geode Capital Management
Massachusetts
$210M +$21M +329,648 +13%
FCM
25
Frontier Capital Management
Massachusetts
$203M -$3.64M -57,100 -2%

UAL Hedge Fund Activity: Q4 2016 in Review

562 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in United Airlines (UAL) for Q4 2016, worth a combined $22.1B — up 43% from $15.5B a quarter earlier.

Buyers outnumbered sellers: 103 funds opened new UAL positions and 69 closed out — a net gain of 34 holders — while 147 added to existing stakes and 243 trimmed.

The largest buyer was Berkshire Hathaway, adding an estimated $1.56B. The largest seller was Citadel Advisors, cutting an estimated $181M.

  • 562 institutional investors held United Airlines (UAL) as of Q4 2016, up from 538 in Q3 2016.
  • Funds reported $22.1B of United Airlines stock for Q4 2016, up 43% quarter-over-quarter.
  • 103 funds opened new United Airlines positions in Q4 2016 and 69 closed out, a net change of +34 holders.
  • The largest United Airlines buyer in Q4 2016 was Berkshire Hathaway, an estimated $1.56B added.
  • The largest United Airlines seller in Q4 2016 was Citadel Advisors, an estimated $181M sold.

Based on aggregated 13F filings for Q4 2016.