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United Airlines

546 hedge funds and large institutions have $18.2B invested in United Airlines in 2018 Q2 according to their latest regulatory filings, with 72 funds opening new positions, 151 increasing their positions, 220 reducing their positions, and 70 closing their positions.

New
Increased
Maintained
Reduced
Closed

35% more funds holding in top 10

Funds holding in top 10: 1723 (+6)

22% more call options, than puts

Call options by funds: $598M | Put options by funds: $489M

3% more first-time investments, than exits

New positions opened: 72 | Existing positions closed: 70

0.2% more ownership

Funds ownership: 94.09%94.3% (+0.2%)

1% less funds holding

Funds holding: 549546 (-3)

2% less capital invested

Capital invested by funds: $18.6B → $18.2B (-$374M)

31% less repeat investments, than reductions

Existing positions increased: 151 | Existing positions reduced: 220

Holders
546
Holders Change
-3
Holders Change %
-0.55%
% of All Funds
12.5%
Holding in Top 10
23
Holding in Top 10 Change
+6
Holding in Top 10 Change %
+35.29%
% of All Funds
0.53%
New
72
Increased
151
Reduced
220
Closed
70
Calls
$598M
Puts
$489M
Net Calls
+$109M
Net Calls Change
+$86.3M
Name Holding Trade Value Shares
Change
Change in
Stake
Primecap Management
1
Primecap Management
California
$2.67B +$139M +2,004,590 +6%
Berkshire Hathaway
2
Berkshire Hathaway
Nebraska
$1.86B -$71M -1,021,421 -4%
Vanguard Group
3
Vanguard Group
Pennsylvania
$1.39B -$82.9M -1,192,350 -6%
BlackRock
4
BlackRock
New York
$1.29B -$82.8M -1,192,197 -6%
PCM
5
PAR Capital Management
Massachusetts
$1.09B +$6.95M +100,000 +0.6%
ACM
6
Altimeter Capital Management
Massachusetts
$815M
State Street
7
State Street
Massachusetts
$610M -$35.6M -512,681 -6%
T. Rowe Price Associates
8
T. Rowe Price Associates
Maryland
$601M +$29.9M +430,403 +5%
Capital World Investors
9
Capital World Investors
California
$387M
Diamond Hill Capital Management
10
Diamond Hill Capital Management
Ohio
$367M -$23.1M -331,987 -6%
Newport Trust Company
11
Newport Trust Company
District of Columbia
$357M -$4.12M -59,268 -1%
LSV Asset Management
12
LSV Asset Management
Illinois
$305M +$8.3M +119,461 +3%
Dimensional Fund Advisors
13
Dimensional Fund Advisors
Texas
$301M +$10.1M +144,690 +3%
LPU
14
Lansdowne Partners (UK)
United Kingdom
$252M +$251M +3,610,804 New
CCP
15
Cyrus Capital Partners
New York
$219M
Fidelity Investments
16
Fidelity Investments
Massachusetts
$209M -$225M -3,237,898 -52%
Janus Henderson Group
17
Janus Henderson Group
United Kingdom
$201M -$41.2M -593,084 -17%
Geode Capital Management
18
Geode Capital Management
Massachusetts
$199M -$1.53K -22 -0%
OA
19
Omega Advisors
New York
$187M -$2.42M -34,800 -1%
Northern Trust
20
Northern Trust
Illinois
$178M -$6.95M -100,034 -4%
Citadel Advisors
21
Citadel Advisors
Florida
$168M +$94.2M +1,355,473 +128%
FCM
22
Frontier Capital Management
Massachusetts
$120M -$2.31M -33,194 -2%
Goldman Sachs
23
Goldman Sachs
New York
$117M -$108M -1,556,021 -48%
Bank of America
24
Bank of America
North Carolina
$111M +$58.8M +846,790 +113%
Bank of New York Mellon
25
Bank of New York Mellon
New York
$108M -$4.74M -68,142 -4%

UAL Hedge Fund Activity: Q2 2018 in Review

546 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in United Airlines (UAL) for Q2 2018, worth a combined $18.2B — down 2% from $18.6B a quarter earlier.

Buyers outnumbered sellers: 72 funds opened new UAL positions and 70 closed out — a net gain of 2 holders — while 151 added to existing stakes and 220 trimmed.

The largest buyer was Lansdowne Partners (UK), opening a new position worth an estimated $251M. The largest seller was AQR Capital Management, cutting an estimated $247M.

  • 546 institutional investors held United Airlines (UAL) as of Q2 2018, down from 549 in Q1 2018.
  • Funds reported $18.2B of United Airlines stock for Q2 2018, down 2% quarter-over-quarter.
  • 72 funds opened new United Airlines positions in Q2 2018 and 70 closed out, a net change of +2 holders.
  • The largest United Airlines buyer in Q2 2018 was Lansdowne Partners (UK), an estimated $251M added.
  • The largest United Airlines seller in Q2 2018 was AQR Capital Management, an estimated $247M sold.

Based on aggregated 13F filings for Q2 2018.