United Airlines
866 hedge funds and large institutions have $22.4B invested in United Airlines in 2025 Q2 according to their latest regulatory filings, with 140 funds opening new positions, 338 increasing their positions, 267 reducing their positions, and 109 closing their positions.
28% more first-time investments, than exits
New positions opened: 140 | Existing positions closed: 109
27% more funds holding in top 10
Funds holding in top 10: 11 → 14 (+3)
27% more repeat investments, than reductions
Existing positions increased: 338 | Existing positions reduced: 267
13% more capital invested
Capital invested by funds: $19.8B → $22.4B (+$2.59B)
2% more funds holding
Funds holding: 848 → 866 (+18)
1.58% less ownership
Funds ownership: 87.85% → 86.26% (-1.6%)
19% less call options, than puts
Call options by funds: $1.76B | Put options by funds: $2.17B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$268M |
| 2 |
Capital International Investors
Los Angeles,
California
|
+$151M |
| 3 |
ACM
Anomaly Capital Management
New York
|
+$89.7M |
| 4 |
AssetMark Inc
Concord,
California
|
+$84.3M |
| 5 |
BlackRock
New York
|
+$82.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Alyeska Investment Group
Chicago,
Illinois
|
-$265M |
| 2 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$241M |
| 3 |
Primecap Management
Pasadena,
California
|
-$218M |
| 4 |
Renaissance Technologies
New York
|
-$159M |
| 5 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$97.5M |
UAL Hedge Fund Activity: Q2 2025 in Review
866 of the 7,613 institutional investors tracked by Wall St. Rank reported a position in United Airlines (UAL) for Q2 2025, worth a combined $22.4B — up 13% from $19.8B a quarter earlier.
Buyers outnumbered sellers: 140 funds opened new UAL positions and 109 closed out — a net gain of 31 holders — while 338 added to existing stakes and 267 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $268M. The largest seller was Alyeska Investment Group, cutting an estimated $265M.
- 866 institutional investors held United Airlines (UAL) as of Q2 2025, up from 848 in Q1 2025.
- Funds reported $22.4B of United Airlines stock for Q2 2025, up 13% quarter-over-quarter.
- 140 funds opened new United Airlines positions in Q2 2025 and 109 closed out, a net change of +31 holders.
- The largest United Airlines buyer in Q2 2025 was Fidelity Investments, an estimated $268M added.
- The largest United Airlines seller in Q2 2025 was Alyeska Investment Group, an estimated $265M sold.
Based on aggregated 13F filings for Q2 2025.