United Airlines
636 hedge funds and large institutions have $11.8B invested in United Airlines in 2024 Q1 according to their latest regulatory filings, with 104 funds opening new positions, 209 increasing their positions, 196 reducing their positions, and 91 closing their positions.
43% more funds holding in top 10
Funds holding in top 10: 7 → 10 (+3)
26% more capital invested
Capital invested by funds: $9.41B → $11.8B (+$2.4B)
14% more first-time investments, than exits
New positions opened: 104 | Existing positions closed: 91
5.7% more ownership
Funds ownership: 69.49% → 75.19% (+5.7%)
1% more funds holding
Funds holding: 629 → 636 (+7)
7% more repeat investments, than reductions
Existing positions increased: 209 | Existing positions reduced: 196
46% less call options, than puts
Call options by funds: $1.08B | Put options by funds: $2.01B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$147M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$123M |
| 3 |
PCM
PAR Capital Management
Boston,
Massachusetts
|
+$100M |
| 4 |
IP
Interval Partners
New York
|
+$92.5M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
+$89.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$143M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
-$103M |
| 3 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$88.3M |
| 4 |
USGIU
U.S. Global Investors (USGI)
San Antonio,
Texas
|
-$42.3M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$33.8M |
UAL Hedge Fund Activity: Q1 2024 in Review
636 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in United Airlines (UAL) for Q1 2024, worth a combined $11.8B — up 26% from $9.41B a quarter earlier.
Buyers outnumbered sellers: 104 funds opened new UAL positions and 91 closed out — a net gain of 13 holders — while 209 added to existing stakes and 196 trimmed.
The largest buyer was Millennium Management, adding an estimated $147M. The largest seller was BlackRock, cutting an estimated $143M.
- 636 institutional investors held United Airlines (UAL) as of Q1 2024, up from 629 in Q4 2023.
- Funds reported $11.8B of United Airlines stock for Q1 2024, up 26% quarter-over-quarter.
- 104 funds opened new United Airlines positions in Q1 2024 and 91 closed out, a net change of +13 holders.
- The largest United Airlines buyer in Q1 2024 was Millennium Management, an estimated $147M added.
- The largest United Airlines seller in Q1 2024 was BlackRock, an estimated $143M sold.
Based on aggregated 13F filings for Q1 2024.