United Airlines
621 hedge funds and large institutions have $9.81B invested in United Airlines in 2023 Q3 according to their latest regulatory filings, with 75 funds opening new positions, 190 increasing their positions, 212 reducing their positions, and 93 closing their positions.
0.4% less ownership
Funds ownership: 70.72% → 70.32% (-0.4%)
4% less funds holding
Funds holding: 646 → 621 (-25)
10% less repeat investments, than reductions
Existing positions increased: 190 | Existing positions reduced: 212
19% less first-time investments, than exits
New positions opened: 75 | Existing positions closed: 93
23% less capital invested
Capital invested by funds: $12.7B → $9.81B (-$2.91B)
60% less call options, than puts
Call options by funds: $733M | Put options by funds: $1.81B
71% less funds holding in top 10
Funds holding in top 10: 14 → 4 (-10)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
+$107M |
| 2 |
Renaissance Technologies
New York
|
+$100M |
| 3 |
Millennium Management
New York
|
+$62.9M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$44.8M |
| 5 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$44.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$156M |
| 2 |
Man Group
London,
United Kingdom
|
-$88.3M |
| 3 |
Jane Street
New York
|
-$74M |
| 4 |
Capital International Investors
Los Angeles,
California
|
-$73.2M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$63.6M |
UAL Hedge Fund Activity: Q3 2023 in Review
621 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in United Airlines (UAL) for Q3 2023, worth a combined $9.81B — down 23% from $12.7B a quarter earlier.
Sellers outnumbered buyers: 93 funds closed out of UAL and 75 opened new positions — a net loss of 18 holders — while 212 trimmed existing stakes and 190 added.
The largest buyer was Balyasny Asset Management, adding an estimated $107M. The largest seller was Citadel Advisors, cutting an estimated $156M.
- 621 institutional investors held United Airlines (UAL) as of Q3 2023, down from 646 in Q2 2023.
- Funds reported $9.81B of United Airlines stock for Q3 2023, down 23% quarter-over-quarter.
- 75 funds opened new United Airlines positions in Q3 2023 and 93 closed out, a net change of -18 holders.
- The largest United Airlines buyer in Q3 2023 was Balyasny Asset Management, an estimated $107M added.
- The largest United Airlines seller in Q3 2023 was Citadel Advisors, an estimated $156M sold.
Based on aggregated 13F filings for Q3 2023.