UNDER ARMOUR INC UA
CL C · Common Stock · CUSIP 904311206 · ISIN US9043112062
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 ($1.0m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $8.54. Options: 10 managers hold calls ($7.2m notional), 10 hold puts ($10.8m).
Trends to Q1 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 354 |
| Q4 2022 | 352 |
| Q1 2023 | 342 |
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 | 142 | 144 |
| Q1 2023 | 98 | 160 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $6.1m | $12.3m | 2.02 |
| Q4 2022 | $11.3m | $18.5m | 1.64 |
| Q1 2023 | $7.2m | $10.8m | 1.49 |
Biggest buyers
| BDT CAPITAL PARTNERS, LLC | New | +7.4m |
| VICTORY CAPITAL MANAGEMENT INC | Added | +3.2m |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | New | +3.0m |
| JANUS HENDERSON GROUP PLC | Added | +2.6m |
| MILLENNIUM MANAGEMENT LLC | Added | +2.6m |
| CITADEL ADVISORS LLC | Added | +2.3m |
| DIMENSIONAL FUND ADVISORS LP | Added | +1.4m |
| GMT Capital Corp | New | +617.9k |
| MORGAN STANLEY | Added | +534.7k |
| RENAISSANCE TECHNOLOGIES LLC | Added | +507.8k |
Biggest sellers
| Dorsal Capital Management, LP | Reduced | -6.3m |
| CITIGROUP INC | Reduced | -3.2m |
| Nuveen Asset Management, LLC | Reduced | -2.7m |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Reduced | -2.4m |
| WELLINGTON MANAGEMENT GROUP LLP | Sold out | -2.1m |
| GOLDMAN SACHS GROUP INC | Reduced | -1.8m |
| Fort Baker Capital Management LP | Reduced | -1.3m |
| VANGUARD GROUP INC | Reduced | -1.1m |
| EVR Research LP | Sold out | -1.1m |
| Assenagon Asset Management S.A. | Reduced | -725.1k |
Biggest calls
| SIMPLEX TRADING, LLC | Reduced | $3.4m359.7k shares |
| SG Americas Securities, LLC | New | $1.6m1.1m shares |
| CITADEL ADVISORS LLC | Added | $898.2k105.3k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $614.2k72.0k shares |
| Walleye Trading LLC | Reduced | $483.7k56.7k shares |
| JANE STREET GROUP, LLC | Reduced | $239.7k28.1k shares |
| Cutler Group LLC / CA | Added | $25.0k62.3k shares |
| PEAK6 Investments LLC | Reduced | $23.0k2.7k shares |
| Parallax Volatility Advisers, L.P. | New | $1.7k200 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| SIMPLEX TRADING, LLC | Added | $6.4m676.9k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $1.0m122.9k shares |
| PEAK6 Investments LLC | Reduced | $1.0m117.4k shares |
| Walleye Trading LLC | Added | $779.6k91.4k shares |
| CITADEL ADVISORS LLC | Reduced | $740.4k86.8k shares |
| SG Americas Securities, LLC | New | $439.0k585.0k shares |
| JANE STREET GROUP, LLC | New | $424.8k49.8k shares |
| Cutler Group LLC / CA | Reduced | $2.0k2.8k shares |
| HSBC HOLDINGS PLC | Unchanged | $845100 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 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 |
|---|---|
| BlackRock, Inc. 13G · institution +2.6 pts · filed 2026-07-08 | 10.9% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27)
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 | 20.8m $177.1m | Reduced -1.1m |
| BlackRock Inc. 0.00% of their portfolio | 16.4m $140.3m | Reduced -390.3k |
| ArrowMark Colorado Holdings LLC 0.77% of their portfolio | 8.0m $67.8m | Reduced -299.3k |
| BDT CAPITAL PARTNERS, LLC 22.19% of their portfolio | 7.4m $63.5m | New |
| JANUS HENDERSON GROUP PLC 0.04% of their portfolio | 7.4m $63.3m | Added +2.6m |
| STATE STREET CORP 0.00% of their portfolio | 5.5m $47.3m | Reduced -196.6k |
| D. E. Shaw & Co., Inc. 0.06% of their portfolio | 4.5m $38.2m | Reduced -299.7k |
| VICTORY CAPITAL MANAGEMENT INC 0.04% of their portfolio | 4.3m $36.7m | Added +3.2m |
| STATE OF WISCONSIN INVESTMENT BOARD 0.10% of their portfolio | 4.1m $35.1m | Reduced -75.8k |
| Dorsal Capital Management, LP 1.22% of their portfolio | 3.7m $31.6m | Reduced -6.3m |
| NORGES BANK 0.01% of their portfolio | 3.6m $30.7m | Reduced -256.0k |
| MILLENNIUM MANAGEMENT LLC 0.03% of their portfolio | 3.5m $29.9m | Added +2.6m |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 3.3m $27.8m | Added +1.4m |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.01% of their portfolio | 3.0m $26.0m | New |
| Echo Street Capital Management LLC 0.22% of their portfolio | 2.8m $24.1m | Reduced -553.0k |
| CITADEL ADVISORS LLC 0.03% of their portfolio | 2.7m $23.4m | Added +2.3m |
| Assenagon Asset Management S.A. 0.09% of their portfolio | 2.7m $22.8m | Reduced -725.1k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 2.6m $22.4m | Added +7.5k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 2.4m $20.2m | Added +29.0k |
| MORGAN STANLEY 0.00% of their portfolio | 1.8m $15.5m | Added +534.7k |
| AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio | 1.8m $15.0m | Added +483.5k |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 1.6m $13.7m | Reduced -2.7m |
| Bank of New York Mellon Corp 0.00% of their portfolio | 1.6m $13.5m | Reduced -59.3k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 1.4m $11.7m | Reduced -62.5k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio | 1.4m $11.6m | Reduced -2.4m |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.05% of their portfolio | 1.1m $9.7m | Added +46.9k |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 1.1m $9.6m | Added +507.8k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 1.1m $9.2m | Reduced -1.8m |
| HSBC HOLDINGS PLC 0.01% of their portfolio | 873.5k $7.4m | Added +239.6k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio | 854.0k $7.3m | Reduced -29.7k |
| Invenomic Capital Management LP 0.38% of their portfolio | 776.2k $6.6m | Reduced -204.5k |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 750.5k $6.4m | Reduced -22.5k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 735.5k $6.3m | Added +401.1k |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 734.9k $6.3m | Reduced -620.7k |
| FORMULA GROWTH LTD 1.76% of their portfolio | 640.0k $5.5m | Reduced -160.0k |
| GMT Capital Corp 0.21% of their portfolio | 617.9k $5.3m | New |
| Corient Private Wealth LP 0.01% of their portfolio | 609.7k $5.2m | Reduced -630 |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 572.2k $4.9m | Reduced -21.6k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 548.1k $4.7m | Added +15.4k |
| Fort Baker Capital Management LP 0.96% of their portfolio | 523.1k $4.5m | Reduced -1.3m |
| Point72 Asset Management, L.P. 0.02% of their portfolio | 521.7k $4.5m | Added +439.7k |
| Swiss National Bank 0.00% of their portfolio | 420.3k $3.6m | Reduced -56.1k |
| UBS Group AG 0.00% of their portfolio | 400.4k $3.4m | Reduced -74.1k |
| Profit Investment Management, LLC 2.14% of their portfolio | 380.1k $3.2m | Unchanged |
| Invesco Ltd. 0.00% of their portfolio | 378.4k $3.2m | Reduced -283.9k |
| JUPITER ASSET MANAGEMENT LTD 0.04% of their portfolio | 343.0k $2.9m | Unchanged |
| LANDSCAPE CAPITAL MANAGEMENT, L.L.C. 0.39% of their portfolio | 335.1k $2.9m | Reduced -28.0k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 321.9k $2.7m | Reduced -3.8k |
| BARCLAYS PLC 0.00% of their portfolio | 303.0k $2.6m | Added +228.5k |
| AMERICAN INTERNATIONAL GROUP, INC. 0.02% of their portfolio | 292.5k $2.5m | Reduced -14.3k |
| Legal & General Group Plc 0.00% of their portfolio | 286.8k $2.4m | Added +2.0k |
| Jefferies Financial Group Inc. 0.05% of their portfolio | 263.1k $2.2m | Unchanged |
| FRONTIER CAPITAL MANAGEMENT CO LLC 0.02% of their portfolio | 255.1k $2.2m | Reduced -308.7k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 253.5k $2.2m | Reduced -16.2k |
| MARSHALL WACE, LLP 0.01% of their portfolio | 252.8k $2.2m | Reduced -279.3k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 249.1k $2.1m | Reduced -19.8k |
| Retirement Systems of Alabama 0.01% of their portfolio | 247.7k $2.1m | Reduced -12.0k |
| FMR LLC 0.00% of their portfolio | 246.9k $2.1m | Added +230.4k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 242.1k $2.1m | Reduced -8.6k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio | 233.7k $2.0m | Unchanged |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 233.2k $2.0m | Added +6.0k |
| FAIRFAX FINANCIAL HOLDINGS LTD/ CAN 0.11% of their portfolio | 229.0k $2.0m | Unchanged |
| SG Americas Securities, LLC 0.02% of their portfolio | 200.1k $1.7m | Reduced -480.2k |
| CANADA LIFE ASSURANCE Co 0.00% of their portfolio | 179.5k $1.5m | Reduced -2.9k |
| Federation des caisses Desjardins du Quebec 0.02% of their portfolio | 176.2k $1.5m | Added +3.2k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 170.8k $1.5m | Reduced -39.7k |
| TEXAS PERMANENT SCHOOL FUND CORP 0.01% of their portfolio | 170.0k $1.5m | Added +37.6k |
| CREDIT SUISSE AG/ 0.00% of their portfolio | 168.6k $1.4m | Reduced -47.8k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 160.0k $1.4m | Reduced -95.4k |
| Illinois Municipal Retirement Fund 0.03% of their portfolio | 154.2k $1.3m | Unchanged |
| MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC 0.02% of their portfolio | 152.7k $1.3m | Reduced -9.2k |
| Engineers Gate Manager LP 0.05% of their portfolio | 146.5k $1.2m | Added +116.0k |
| Ensign Peak Advisors, Inc 0.00% of their portfolio | 146.3k $1.2m | Added +4.7k |
| BOOTHBAY FUND MANAGEMENT, LLC 0.03% of their portfolio | 144.0k $1.2m | New |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 140.1k $1.2m | Reduced -12.1k |
| AMALGAMATED BANK 0.01% of their portfolio | 131.3k $1.1m | Reduced -45.7k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 130.2k $1.1m | Reduced -7.2k |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.01% of their portfolio | 119.2k $1.0m | Reduced -3.2k |
| MetLife Investment Management, LLC 0.01% of their portfolio | 116.3k $991.6k | Reduced -7.8k |
| HighTower Advisors, LLC 0.00% of their portfolio | 110.1k $940.0k | Added +100.0k |
| RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio | 108.7k $927.1k | Reduced -57.2k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 104.8k $893.9k | Added +23.6k |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 102.8k $876.2k | Reduced -10.8k |
| Thrivent Financial for Lutherans 0.00% of their portfolio | 98.8k $843.0k | Reduced -47.0k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.00% of their portfolio | 98.2k $837.0k | Reduced -6.4k |
| LPL Financial LLC 0.00% of their portfolio | 97.5k $831.3k | Reduced -4.5k |
| YOUSIF CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 97.4k $830.7k | Reduced -3.7k |
| Mint Tower Capital Management B.V. 0.11% of their portfolio | 93.0k $794.0k | Unchanged |
| Treasurer of the State of North Carolina 0.00% of their portfolio | 90.0k $768.0k | Added +4.3k |
| South Dakota Investment Council 0.02% of their portfolio | 88.2k $753.0k | Unchanged |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 83.5k $713.0k | Added +6.6k |
| ALGERT GLOBAL LLC 0.03% of their portfolio | 80.3k $684.7k | Added +7.7k |
| Matthew 25 Management Corp 0.27% of their portfolio | 80.0k $682.4k | Added +70.0k |
| Aigen Investment Management, LP 0.09% of their portfolio | 76.0k $648.3k | New |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 74.9k $638.5k | Reduced -170.7k |
| CQS (US), LLC 0.08% of their portfolio | 74.7k $637.2k | Reduced -4.0k |
| PEAK6 Investments LLC 0.04% of their portfolio | 74.3k $633.6k | New |
| Trexquant Investment LP 0.02% of their portfolio | 74.1k $632.1k | New |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 73.5k $626.0k | Added +5.6k |
| CHOREO, LLC 0.02% of their portfolio | 59.2k $505.2k | Added +195 |