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United Airlines

606 hedge funds and large institutions have $20.9B invested in United Airlines in 2019 Q1 according to their latest regulatory filings, with 73 funds opening new positions, 203 increasing their positions, 232 reducing their positions, and 87 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.13% more ownership

Funds ownership: 98.14%98.27% (+0.13%)

0% more funds holding in top 10

Funds holding in top 10: 1818 (0)

4% less funds holding

Funds holding: 629606 (-23)

6% less capital invested

Capital invested by funds: $22.3B → $20.9B (-$1.38B)

13% less repeat investments, than reductions

Existing positions increased: 203 | Existing positions reduced: 232

16% less first-time investments, than exits

New positions opened: 73 | Existing positions closed: 87

39% less call options, than puts

Call options by funds: $408M | Put options by funds: $666M

Holders
606
Holders Change
-23
Holders Change %
-3.66%
% of All Funds
13.12%
Holding in Top 10
18
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.39%
New
73
Increased
203
Reduced
232
Closed
87
Calls
$408M
Puts
$666M
Net Calls
-$258M
Net Calls Change
-$449M
Name Holding Trade Value Shares
Change
Change in
Stake
Primecap Management
1
Primecap Management
California
$3.05B -$4.42M -52,353 -0.1%
Berkshire Hathaway
2
Berkshire Hathaway
Nebraska
$1.75B
Vanguard Group
3
Vanguard Group
Pennsylvania
$1.67B +$7.83M +92,719 +0.4%
PCM
4
PAR Capital Management
Massachusetts
$1.25B -$422K -5,000 -0%
BlackRock
5
BlackRock
New York
$1.11B -$221M -2,618,745 -16%
ACM
6
Altimeter Capital Management
Massachusetts
$928M
T. Rowe Price Associates
7
T. Rowe Price Associates
Maryland
$844M -$24.5M -289,992 -3%
State Street
8
State Street
Massachusetts
$660M -$2.93M -34,705 -0.4%
LPU
9
Lansdowne Partners (UK)
United Kingdom
$604M +$62.1M +736,356 +11%
Newport Trust Company
10
Newport Trust Company
District of Columbia
$390M -$3.8M -45,030 -0.9%
LSV Asset Management
11
LSV Asset Management
Illinois
$379M +$22.6M +268,300 +6%
Dimensional Fund Advisors
12
Dimensional Fund Advisors
Texas
$351M -$2.86M -33,899 -0.8%
Invesco
13
Invesco
Georgia
$319M -$14.2M -168,083 -4%
Geode Capital Management
14
Geode Capital Management
Massachusetts
$303M +$34M +402,590 +12%
Diamond Hill Capital Management
15
Diamond Hill Capital Management
Ohio
$292M +$3.9M +46,265 +1%
Morgan Stanley
16
Morgan Stanley
New York
$240M +$159M +1,879,294 +166%
Bank of New York Mellon
17
Bank of New York Mellon
New York
$223M +$62.4M +739,434 +36%
Northern Trust
18
Northern Trust
Illinois
$217M -$8.36M -99,053 -4%
CCP
19
Cyrus Capital Partners
New York
$208M -$3.17M -37,611 -1%
Citadel Advisors
20
Citadel Advisors
Florida
$202M +$84.1M +996,434 +65%
AL
21
AJO LP
Pennsylvania
$194M +$29.8M +353,196 +17%
AQR Capital Management
22
AQR Capital Management
Connecticut
$191M -$80.2M -950,795 -28%
Renaissance Technologies
23
Renaissance Technologies
New York
$187M -$36.4M -430,959 -16%
Fidelity Investments
24
Fidelity Investments
Massachusetts
$178M -$49.4M -585,668 -21%
Deutsche Bank
25
Deutsche Bank
Germany
$124M -$104M -1,236,918 -44%

UAL Hedge Fund Activity: Q1 2019 in Review

606 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in United Airlines (UAL) for Q1 2019, worth a combined $20.9B — down 6.2% from $22.3B a quarter earlier.

Sellers outnumbered buyers: 87 funds closed out of UAL and 73 opened new positions — a net loss of 14 holders — while 232 trimmed existing stakes and 203 added.

The largest buyer was Morgan Stanley, adding an estimated $159M. The largest seller was Goldman Sachs, cutting an estimated $234M.

  • 606 institutional investors held United Airlines (UAL) as of Q1 2019, down from 629 in Q4 2018.
  • Funds reported $20.9B of United Airlines stock for Q1 2019, down 6.2% quarter-over-quarter.
  • 73 funds opened new United Airlines positions in Q1 2019 and 87 closed out, a net change of -14 holders.
  • The largest United Airlines buyer in Q1 2019 was Morgan Stanley, an estimated $159M added.
  • The largest United Airlines seller in Q1 2019 was Goldman Sachs, an estimated $234M sold.

Based on aggregated 13F filings for Q1 2019.