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United Airlines

629 hedge funds and large institutions have $9.59B invested in United Airlines in 2023 Q4 according to their latest regulatory filings, with 100 funds opening new positions, 186 increasing their positions, 222 reducing their positions, and 85 closing their positions.

New
Increased
Maintained
Reduced
Closed

75% more funds holding in top 10

Funds holding in top 10: 47 (+3)

18% more first-time investments, than exits

New positions opened: 100 | Existing positions closed: 85

1% more funds holding

Funds holding: 621629 (+8)

0.5% more ownership

Funds ownership: 70.32%70.83% (+0.5%)

2% less capital invested

Capital invested by funds: $9.81B → $9.59B (-$216M)

16% less repeat investments, than reductions

Existing positions increased: 186 | Existing positions reduced: 222

64% less call options, than puts

Call options by funds: $807M | Put options by funds: $2.24B

Holders
629
Holders Change
+8
Holders Change %
+1.29%
% of All Funds
9.17%
Holding in Top 10
7
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+75%
% of All Funds
0.1%
New
100
Increased
186
Reduced
222
Closed
85
Calls
$807M
Puts
$2.24B
Net Calls
-$1.43B
Net Calls Change
-$351M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$1.53B -$6.18M -157,082 -0.4%
Primecap Management
2
Primecap Management
California
$964M -$4.57M -116,110 -0.5%
BlackRock
3
BlackRock
New York
$876M +$87.1M +2,214,207 +12%
Capital International Investors
4
Capital International Investors
California
$746M -$46.1M -1,172,725 -6%
Capital World Investors
5
Capital World Investors
California
$467M -$24.4M -621,794 -5%
State Street
6
State Street
Massachusetts
$417M +$9.17M +233,146 +2%
Morgan Stanley
7
Morgan Stanley
New York
$363M +$216M +5,491,233 +166%
Geode Capital Management
8
Geode Capital Management
Massachusetts
$312M +$7.7M +195,944 +3%
Invesco
9
Invesco
Georgia
$213M +$20.3M +515,254 +11%
Citadel Advisors
10
Citadel Advisors
Florida
$193M +$110M +2,804,258 +149%
Fidelity Investments
11
Fidelity Investments
Massachusetts
$174M -$43.8M -1,113,806 -21%
USGIU
12
U.S. Global Investors (USGI)
Texas
$172M +$39.5M +1,005,170 +32%
Dimensional Fund Advisors
13
Dimensional Fund Advisors
Texas
$171M +$31.9M +812,257 +24%
Newport Trust Company
14
Newport Trust Company
District of Columbia
$155M -$1.83M -46,587 -1%
LSV Asset Management
15
LSV Asset Management
Illinois
$141M -$782K -19,900 -0.6%
Point72 Asset Management
16
Point72 Asset Management
Connecticut
$112M +$107M +2,718,211 +43,842%
Northern Trust
17
Northern Trust
Illinois
$101M +$1.64M +41,632 +2%
PCM
18
PAR Capital Management
Massachusetts
$91.7M +$5.9M +150,000 +7%
Qube Research & Technologies (QRT)
19
Qube Research & Technologies (QRT)
United Kingdom
$90.5M -$29.9M -759,379 -26%
GC
20
GMT Capital
Georgia
$90.3M -$1.6M -40,700 -2%
Bank of New York Mellon
21
Bank of New York Mellon
New York
$72.5M -$2.45M -62,305 -3%
Renaissance Technologies
22
Renaissance Technologies
New York
$72.3M -$73.2M -1,860,600 -52%
Charles Schwab
23
Charles Schwab
California
$71.2M +$1.04M +26,488 +2%
Goldman Sachs
24
Goldman Sachs
New York
$66.5M -$4.54M -115,408 -7%
PCM
25
Patient Capital Management
Maryland
$50.4M +$5.11M +129,981 +12%

UAL Hedge Fund Activity: Q4 2023 in Review

629 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in United Airlines (UAL) for Q4 2023, worth a combined $9.59B — down 2.2% from $9.81B a quarter earlier.

Buyers outnumbered sellers: 100 funds opened new UAL positions and 85 closed out — a net gain of 15 holders — while 186 added to existing stakes and 222 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $216M. The largest seller was Balyasny Asset Management, exiting entirely with an estimated $130M sold.

  • 629 institutional investors held United Airlines (UAL) as of Q4 2023, up from 621 in Q3 2023.
  • Funds reported $9.59B of United Airlines stock for Q4 2023, down 2.2% quarter-over-quarter.
  • 100 funds opened new United Airlines positions in Q4 2023 and 85 closed out, a net change of +15 holders.
  • The largest United Airlines buyer in Q4 2023 was Morgan Stanley, an estimated $216M added.
  • The largest United Airlines seller in Q4 2023 was Balyasny Asset Management, an estimated $130M sold.

Based on aggregated 13F filings for Q4 2023.