UNDER ARMOUR INC UAA
CL A · Common Stock · CUSIP 904311107 · ISIN US9043111072
American sports clothing and accessories company
- SectorConsumer discretionary
- IndustryApparel & Other Finishd Prods of Fabrics & Similar Matl
- HeadquartersBaltimore, MD
- Founded1996
- Websiteunderarmour.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($6.0m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $9.72. Options: 20 managers hold calls ($29.1m notional), 18 hold puts ($39.6m).
Trends to Q1 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 384 |
| Q4 2022 | 374 |
| Q1 2023 | 383 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 148 | 162 |
| Q1 2023 | 152 | 171 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $20.3m | $29.4m | 1.45 |
| Q4 2022 | $58.8m | $45.1m | 0.77 |
| Q1 2023 | $29.1m | $39.6m | 1.36 |
Biggest buyers
| Sarasin & Partners LLP | Added | +2.6m |
| MILLENNIUM MANAGEMENT LLC | Added | +2.4m |
| ExodusPoint Capital Management, LP | Added | +2.2m |
| Qube Research & Technologies Ltd | New | +2.2m |
| Nine27 Capital Management, LP | New | +2.0m |
| BOOTHBAY FUND MANAGEMENT, LLC | Added | +1.4m |
| DIMENSIONAL FUND ADVISORS LP | Added | +1.3m |
| Hudson Bay Capital Management LP | New | +1.2m |
| Squarepoint Ops LLC | Added | +1.0m |
| BANK OF MONTREAL /CAN/ | Added | +910.0k |
Biggest sellers
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Reduced | -4.9m |
| Pacer Advisors, Inc. | Reduced | -3.8m |
| BARCLAYS PLC | Reduced | -2.4m |
| GOLDMAN SACHS GROUP INC | Reduced | -1.8m |
| Alyeska Investment Group, L.P. | Sold out | -1.7m |
| Balyasny Asset Management L.P. | Sold out | -1.7m |
| STATE STREET CORP | Reduced | -1.5m |
| RENAISSANCE TECHNOLOGIES LLC | Reduced | -1.4m |
| BlackRock Inc. | Reduced | -1.0m |
| Amundi | Reduced | -945.5k |
Biggest calls
| BARCLAYS PLC | Reduced | $5.8m612.3k shares |
| CITADEL ADVISORS LLC | Reduced | $4.5m469.5k shares |
| Walleye Trading LLC | Reduced | $2.7m284.7k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $2.3m246.1k shares |
| JANE STREET GROUP, LLC | Reduced | $2.3m237.1k shares |
| HSBC HOLDINGS PLC | Reduced | $1.9m199.5k shares |
| WOLVERINE TRADING, LLC | New | $1.8m197.4k shares |
| Longitude (Cayman) Ltd. | New | $1.5m157.0k shares |
| CAPITAL FUND MANAGEMENT S.A. | Added | $1.5m155.7k shares |
| Squarepoint Ops LLC | New | $1.4m168.3k shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $6.2m652.6k shares |
| Twin Tree Management, LP | New | $5.9m622.8k shares |
| D. E. Shaw & Co., Inc. | Added | $5.5m581.0k shares |
| PEAK6 Investments LLC | Added | $4.3m452.4k shares |
| Walleye Trading LLC | Added | $3.6m377.0k shares |
| HSBC HOLDINGS PLC | Reduced | $3.1m332.6k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $2.5m263.1k shares |
| JANE STREET GROUP, LLC | Reduced | $2.3m245.4k shares |
| BARCLAYS PLC | Reduced | $1.8m188.4k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $1.0m106.2k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| FAIRFAX FINANCIAL HOLDINGS LTD/ CAN 13D · may seek influence +1.8 pts · filed 2026-05-15 | 24.0% |
| BlackRock, Inc. 13G · institution +3.7 pts · filed 2026-07-30 | 14.3% |
| Frasers Group plc 13G · passive investor new · filed 2026-10-01 | 8.8% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 5.8% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC), DIMENSIONAL FUND ADVISORS LP (3.8%, 2026-01-21)
Insider purchases and sales in Q1 2023
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q2 2021 | 0 | — | 0 | — | — |
| Q3 2021 | 0 | — | 0 | — | — |
| Q4 2021 | 0 | — | 3 | $28.1m | — |
| Q1 2022 | 0 | — | 1 | $45.3k | — |
| Q2 2022 | 1 | $474.8k | 0 | — | — |
| Q3 2022 | 0 | — | 0 | — | — |
| Q4 2022 | 0 | — | 0 | — | — |
| Q1 2023 | 0 | — | 1 | $650.8k | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2023-02-10 | Rocker Tchernavia Chief Administrative Officer | Sold | $650.8k69.8k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q1 2023
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.00% of their portfolio | 17.4m $165.2m | Added +599.0k |
| BlackRock Inc. 0.00% of their portfolio | 16.1m $152.9m | Reduced -1.0m |
| STATE STREET CORP 0.00% of their portfolio | 8.9m $84.8m | Reduced -1.5m |
| MILLENNIUM MANAGEMENT LLC 0.07% of their portfolio | 6.0m $56.7m | Added +2.4m |
| DISCIPLINED GROWTH INVESTORS INC /MN 1.31% of their portfolio | 5.4m $51.0m | Reduced -580.2k |
| Sarasin & Partners LLP 0.41% of their portfolio | 5.2m $76.8m | Added +2.6m |
| LOOMIS SAYLES & CO L P 0.08% of their portfolio | 4.9m $46.4m | Reduced -319.7k |
| CITADEL ADVISORS LLC 0.05% of their portfolio | 4.5m $42.7m | Added +576.2k |
| TWO SIGMA INVESTMENTS, LP 0.11% of their portfolio | 3.9m $37.3m | Added +105.0k |
| TWO SIGMA ADVISERS, LP 0.09% of their portfolio | 3.8m $35.9m | Added +607.6k |
| ExodusPoint Capital Management, LP 0.36% of their portfolio | 3.4m $31.9m | Added +2.2m |
| MORGAN STANLEY 0.00% of their portfolio | 3.0m $28.8m | Reduced -496.7k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 2.7m $25.9m | Added +1.3m |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 2.7m $25.7m | Added +88.4k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 2.3m $22.2m | Added +105.7k |
| Harvey Partners, LLC 2.81% of their portfolio | 2.3m $22.2m | Added +65.0k |
| Qube Research & Technologies Ltd 0.12% of their portfolio | 2.2m $20.7m | New |
| AMERICAN CENTURY COMPANIES INC 0.02% of their portfolio | 2.1m $19.9m | Added +661.9k |
| Nine27 Capital Management, LP 20.74% of their portfolio | 2.0m $19.0m | New |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.09% of their portfolio | 2.0m $18.9m | Reduced -878.1k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 1.8m $17.0m | Added +42.5k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 1.8m $16.8m | Reduced -236.4k |
| D. E. Shaw & Co., Inc. 0.03% of their portfolio | 1.7m $16.5m | Reduced -126.1k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.10% of their portfolio | 1.6m $15.6m | Reduced -237.6k |
| CRITERIA CAIXA, S.A.U. 1.72% of their portfolio | 1.5m $14.1m | Unchanged |
| Squarepoint Ops LLC 0.10% of their portfolio | 1.5m $14.0m | Added +1.0m |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 1.5m $14.0m | Reduced -75.9k |
| BOOTHBAY FUND MANAGEMENT, LLC 0.37% of their portfolio | 1.5m $14.0m | Added +1.4m |
| BNP PARIBAS FINANCIAL MARKETS 0.03% of their portfolio | 1.3m $12.6m | Added +10.8k |
| FRONTIER CAPITAL MANAGEMENT CO LLC 0.13% of their portfolio | 1.3m $12.4m | Reduced -52.9k |
| FIRST TRUST ADVISORS LP 0.01% of their portfolio | 1.3m $11.9m | Added +169.3k |
| RENAISSANCE TECHNOLOGIES LLC 0.02% of their portfolio | 1.2m $11.7m | Reduced -1.4m |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio | 1.2m $11.4m | Reduced -4.9m |
| BARCLAYS PLC 0.01% of their portfolio | 1.2m $11.3m | Reduced -2.4m |
| Hudson Bay Capital Management LP 0.07% of their portfolio | 1.2m $11.2m | New |
| UBS Group AG 0.00% of their portfolio | 1.1m $10.6m | Reduced -168.3k |
| CITIGROUP INC 0.01% of their portfolio | 1.0m $9.5m | Added +93.2k |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 964.4k $9.2m | Added +910.0k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 963.5k $9.1m | Reduced -61.3k |
| Leonteq Securities AG 0.84% of their portfolio | 963.1k $9.1m | Added +117.9k |
| AQR CAPITAL MANAGEMENT LLC 0.02% of their portfolio | 954.1k $8.9m | Added +601.7k |
| SAMLYN CAPITAL, LLC 0.17% of their portfolio | 949.3k $9.0m | Reduced -192.0k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 929.7k $8.8m | Reduced -1.8m |
| Mesirow Institutional Investment Management, Inc. 0.88% of their portfolio | 853.6k $8.1m | Reduced -136.2k |
| Schonfeld Strategic Advisors LLC 0.08% of their portfolio | 842.4k $8.0m | Added +678.1k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 756.7k $7.2m | Reduced -137.5k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.04% of their portfolio | 748.4k $7.1m | Added +423.4k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 746.9k $7.1m | Added +6.7k |
| Point72 Asset Management, L.P. 0.03% of their portfolio | 745.0k $7.1m | Added +445.3k |
| Invesco Ltd. 0.00% of their portfolio | 653.2k $6.2m | Reduced -208.4k |
| Amundi 0.00% of their portfolio | 653.0k $5.9m | Reduced -945.5k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 567.3k $5.4m | Reduced -4.6k |
| VOYA INVESTMENT MANAGEMENT LLC 0.01% of their portfolio | 537.9k $5.1m | Reduced -176.0k |
| HSBC HOLDINGS PLC 0.01% of their portfolio | 519.4k $4.9m | Added +147.2k |
| TUDOR INVESTMENT CORP ET AL 0.09% of their portfolio | 513.3k $4.9m | Added +360.2k |
| CAPITAL FUND MANAGEMENT S.A. 0.09% of their portfolio | 492.5k $4.7m | Reduced -394.9k |
| BANCO BILBAO VIZCAYA ARGENTARIA, S.A. 0.06% of their portfolio | 480.7k $4.5m | Added +178.5k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 475.5k $4.5m | Reduced -126.9k |
| Brookfield Corp /ON/ 0.02% of their portfolio | 451.6k $4.3m | Added +414.1k |
| MAVERICK CAPITAL LTD 0.11% of their portfolio | 449.2k $4.3m | Added +71.0k |
| GMT Capital Corp 0.16% of their portfolio | 435.8k $4.1m | New |
| MARSHALL WACE, LLP 0.01% of their portfolio | 409.3k $3.9m | Reduced -93.8k |
| Swiss National Bank 0.00% of their portfolio | 407.3k $3.9m | Reduced -48.3k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 392.5k $3.7m | Added +49.8k |
| Twin Tree Management, LP 0.10% of their portfolio | 374.3k $3.6m | New |
| FMR LLC 0.00% of their portfolio | 357.4k $3.4m | Added +178.1k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio | 355.0k $3.4m | Added +209.4k |
| CREDIT SUISSE AG/ 0.00% of their portfolio | 346.5k $3.3m | Reduced -249.0k |
| Vontobel Holding Ltd. 0.03% of their portfolio | 344.9k $3.3m | Added +30.1k |
| LANDSCAPE CAPITAL MANAGEMENT, L.L.C. 0.42% of their portfolio | 323.9k $3.1m | New |
| Simplicity Solutions, LLC 0.08% of their portfolio | 316.7k $3.0m | New |
| Bleakley Financial Group, LLC 0.10% of their portfolio | 316.7k $3.0m | Added +17.0k |
| Cubist Systematic Strategies, LLC 0.03% of their portfolio | 305.9k $2.9m | Added +290.1k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 293.6k $2.8m | Reduced -4.4k |
| AMERICAN INTERNATIONAL GROUP, INC. 0.02% of their portfolio | 291.2k $2.8m | Reduced -2.7k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 284.8k $2.7m | Reduced -248.3k |
| DUALITY ADVISERS, LP 0.31% of their portfolio | 283.9k $2.7m | Added +271.2k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 281.7k $2.7m | Reduced -25.8k |
| FEDERATED HERMES, INC. 0.01% of their portfolio | 279.1k $2.6m | Added +34.8k |
| Legal & General Group Plc 0.00% of their portfolio | 271.3k $2.6m | Added +4.0k |
| PICTET ASSET MANAGEMENT SA 0.00% of their portfolio | 246.6k $2.3m | Added +13.9k |
| Retirement Systems of Alabama 0.01% of their portfolio | 246.6k $2.3m | Reduced -2.1k |
| Point72 Middle East FZE 0.13% of their portfolio | 244.0k $2.3m | New |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 236.3k $2.2m | Reduced -3.6k |
| State of New Jersey Common Pension Fund D 0.01% of their portfolio | 230.8k $2.2m | New |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 222.8k $2.1m | Added +9.2k |
| Allspring Global Investments Holdings, LLC 0.00% of their portfolio | 220.0k $2.1m | Reduced -251.7k |
| Assenagon Asset Management S.A. 0.01% of their portfolio | 216.6k $2.1m | New |
| Holocene Advisors, LP 0.01% of their portfolio | 216.2k $2.1m | Reduced -8.6k |
| Cinctive Capital Management LP 0.08% of their portfolio | 215.6k $2.0m | New |
| PEAK6 Investments LLC 0.13% of their portfolio | 213.3k $2.0m | New |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 200.8k $1.9m | Reduced -16.0k |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 189.4k $1.8m | Reduced -82.8k |
| OCCUDO QUANTITATIVE STRATEGIES LP 0.16% of their portfolio | 183.8k $1.7m | New |
| NORGES BANK 0.00% of their portfolio | 177.2k $1.7m | Added +72.9k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio | 175.6k $1.7m | Unchanged |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 173.4k $1.6m | Reduced -1.4k |
| TEXAS PERMANENT SCHOOL FUND CORP 0.02% of their portfolio | 169.2k $1.6m | Added +42.7k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio | 161.8k $1.5m | Reduced -18.1k |
| Aigen Investment Management, LP 0.21% of their portfolio | 159.8k $1.5m | Reduced -108.3k |