United Airlines
560 hedge funds and large institutions have $10.2B invested in United Airlines in 2021 Q2 according to their latest regulatory filings, with 81 funds opening new positions, 198 increasing their positions, 151 reducing their positions, and 93 closing their positions.
31% more repeat investments, than reductions
Existing positions increased: 198 | Existing positions reduced: 151
29% more funds holding in top 10
Funds holding in top 10: 7 → 9 (+2)
3% less funds holding
Funds holding: 576 → 560 (-16)
3.24% less ownership
Funds ownership: 63.54% → 60.3% (-3.2%)
12% less capital invested
Capital invested by funds: $11.6B → $10.2B (-$1.44B)
13% less first-time investments, than exits
New positions opened: 81 | Existing positions closed: 93
27% less call options, than puts
Call options by funds: $1.34B | Put options by funds: $1.84B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$75.7M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$74.7M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$39.5M |
| 4 |
Neuberger Berman Group
New York
|
+$32.2M |
| 5 |
State of Wisconsin Investment Board
Madison,
Wisconsin
|
+$22.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$162M |
| 2 |
ACM
Altimeter Capital Management
Boston,
Massachusetts
|
-$71M |
| 3 |
MWA
Marshall Wace Asia
Central,
Hong Kong
|
-$66.4M |
| 4 |
USGIU
U.S. Global Investors (USGI)
San Antonio,
Texas
|
-$46.3M |
| 5 |
Primecap Management
Pasadena,
California
|
-$41.3M |
UAL Hedge Fund Activity: Q2 2021 in Review
560 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in United Airlines (UAL) for Q2 2021, worth a combined $10.2B — down 12% from $11.6B a quarter earlier.
Sellers outnumbered buyers: 93 funds closed out of UAL and 81 opened new positions — a net loss of 12 holders — while 151 trimmed existing stakes and 198 added.
The largest buyer was Vanguard Group, adding an estimated $75.7M. The largest seller was Fidelity Investments, cutting an estimated $162M.
- 560 institutional investors held United Airlines (UAL) as of Q2 2021, down from 576 in Q1 2021.
- Funds reported $10.2B of United Airlines stock for Q2 2021, down 12% quarter-over-quarter.
- 81 funds opened new United Airlines positions in Q2 2021 and 93 closed out, a net change of -12 holders.
- The largest United Airlines buyer in Q2 2021 was Vanguard Group, an estimated $75.7M added.
- The largest United Airlines seller in Q2 2021 was Fidelity Investments, an estimated $162M sold.
Based on aggregated 13F filings for Q2 2021.