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United Airlines

549 hedge funds and large institutions have $18.6B invested in United Airlines in 2018 Q1 according to their latest regulatory filings, with 78 funds opening new positions, 149 increasing their positions, 227 reducing their positions, and 69 closing their positions.

New
Increased
Maintained
Reduced
Closed

13% more first-time investments, than exits

New positions opened: 78 | Existing positions closed: 69

2.59% more ownership

Funds ownership: 91.5%94.09% (+2.6%)

4% more call options, than puts

Call options by funds: $630M | Put options by funds: $608M

2% more capital invested

Capital invested by funds: $18.3B → $18.6B (+$353M)

1% more funds holding

Funds holding: 546549 (+3)

0% more funds holding in top 10

Funds holding in top 10: 1717 (0)

34% less repeat investments, than reductions

Existing positions increased: 149 | Existing positions reduced: 227

Holders
549
Holders Change
+3
Holders Change %
+0.55%
% of All Funds
12.58%
Holding in Top 10
17
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.39%
New
78
Increased
149
Reduced
227
Closed
69
Calls
$630M
Puts
$608M
Net Calls
+$22.3M
Net Calls Change
+$190M
Name Holding Trade Value Shares
Change
Change in
Stake
Primecap Management
1
Primecap Management
California
$2.52B +$620M +8,976,847 +33%
Berkshire Hathaway
2
Berkshire Hathaway
Nebraska
$1.92B -$34.9M -505,600 -2%
Vanguard Group
3
Vanguard Group
Pennsylvania
$1.47B -$8.49M -122,852 -0.6%
BlackRock
4
BlackRock
New York
$1.37B -$29.4M -426,041 -2%
PCM
5
PAR Capital Management
Massachusetts
$1.07B +$5.18M +75,000 +0.5%
ACM
6
Altimeter Capital Management
Massachusetts
$812M +$38M +550,000 +5%
State Street
7
State Street
Massachusetts
$643M -$37.5M -542,134 -6%
T. Rowe Price Associates
8
T. Rowe Price Associates
Maryland
$569M -$337M -4,874,274 -37%
Fidelity Investments
9
Fidelity Investments
Massachusetts
$433M -$162M -2,343,480 -27%
Diamond Hill Capital Management
10
Diamond Hill Capital Management
Ohio
$389M +$166M +2,396,608 +75%
Capital World Investors
11
Capital World Investors
California
$386M
Newport Trust Company
12
Newport Trust Company
District of Columbia
$360M -$6.15M -89,077 -2%
LSV Asset Management
13
LSV Asset Management
Illinois
$296M +$4.53M +65,500 +2%
Dimensional Fund Advisors
14
Dimensional Fund Advisors
Texas
$290M +$39.3M +568,570 +16%
AQR Capital Management
15
AQR Capital Management
Connecticut
$272M -$48.5M -701,903 -15%
Janus Henderson Group
16
Janus Henderson Group
United Kingdom
$241M -$9.94M -143,895 -4%
Goldman Sachs
17
Goldman Sachs
New York
$225M +$4.06M +58,714 +2%
CCP
18
Cyrus Capital Partners
New York
$218M
Geode Capital Management
19
Geode Capital Management
Massachusetts
$198M +$11.1M +160,643 +6%
OA
20
Omega Advisors
New York
$189M +$32.9M +476,400 +21%
Northern Trust
21
Northern Trust
Illinois
$184M -$11.1M -160,404 -6%
FCM
22
Frontier Capital Management
Massachusetts
$122M -$275K -3,983 -0.2%
Bank of New York Mellon
23
Bank of New York Mellon
New York
$113M -$8.8M -127,317 -7%
Westfield Capital Management
24
Westfield Capital Management
Massachusetts
$103M -$3.7M -53,537 -3%
BGIM
25
Brandywine Global Investment Management
Pennsylvania
$95.5M -$10.1M -146,115 -10%

UAL Hedge Fund Activity: Q1 2018 in Review

549 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in United Airlines (UAL) for Q1 2018, worth a combined $18.6B — up 1.9% from $18.3B a quarter earlier.

Buyers outnumbered sellers: 78 funds opened new UAL positions and 69 closed out — a net gain of 9 holders — while 149 added to existing stakes and 227 trimmed.

The largest buyer was Primecap Management, adding an estimated $620M. The largest seller was T. Rowe Price Associates, cutting an estimated $337M.

  • 549 institutional investors held United Airlines (UAL) as of Q1 2018, up from 546 in Q4 2017.
  • Funds reported $18.6B of United Airlines stock for Q1 2018, up 1.9% quarter-over-quarter.
  • 78 funds opened new United Airlines positions in Q1 2018 and 69 closed out, a net change of +9 holders.
  • The largest United Airlines buyer in Q1 2018 was Primecap Management, an estimated $620M added.
  • The largest United Airlines seller in Q1 2018 was T. Rowe Price Associates, an estimated $337M sold.

Based on aggregated 13F filings for Q1 2018.