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 ($1.3m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $7.14. Options: 11 managers hold calls ($9.2m notional), 7 hold puts ($6.8m).
Trends to Q1 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 354 |
| Q4 2022 | 352 |
| Q1 2023 | 342 |
| Q2 2023 | 338 |
| Q3 2023 | 335 |
| Q4 2023 | 334 |
| Q1 2024 | 339 |
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 |
| Q2 2023 | 105 | 145 |
| Q3 2023 | 133 | 115 |
| Q4 2023 | 115 | 143 |
| Q1 2024 | 129 | 130 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2023 | $15.7m | $6.2m | 0.39 |
| Q3 2023 | $21.4m | $5.3m | 0.25 |
| Q4 2023 | $27.1m | $5.5m | 0.20 |
| Q1 2024 | $9.2m | $6.8m | 0.73 |
Biggest buyers
| BDT CAPITAL PARTNERS, LLC | Added | +10.0m |
| MORGAN STANLEY | Added | +1.4m |
| NEUBERGER BERMAN GROUP LLC | Added | +1.3m |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Added | +1.3m |
| DIMENSIONAL FUND ADVISORS LP | Added | +1.1m |
| VICTORY CAPITAL MANAGEMENT INC | Added | +805.5k |
| GMT Capital Corp | New | +617.9k |
| Invesco Ltd. | Added | +580.7k |
| Cambria Investment Management, L.P. | Added | +559.2k |
| Quinn Opportunity Partners LLC | New | +527.5k |
Biggest sellers
| ArrowMark Colorado Holdings LLC | Sold out | -7.6m |
| Dorsal Capital Management, LP | Sold out | -2.5m |
| Invenomic Capital Management LP | Sold out | -1.8m |
| D. E. Shaw & Co., Inc. | Reduced | -936.7k |
| HighTower Advisors, LLC | Reduced | -500.7k |
| JPMORGAN CHASE & CO | Reduced | -471.1k |
| Schonfeld Strategic Advisors LLC | Sold out | -468.9k |
| DISCOVERY CAPITAL MANAGEMENT, LLC / CT | Sold out | -439.3k |
| TWINBEECH CAPITAL LP | Sold out | -401.3k |
| RENAISSANCE TECHNOLOGIES LLC | Reduced | -396.3k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $3.6m499.2k shares |
| SIMPLEX TRADING, LLC | Reduced | $2.5m350.6k shares |
| CITADEL ADVISORS LLC | Added | $1.7m241.5k shares |
| WOLVERINE TRADING, LLC | Reduced | $471.2k66.0k shares |
| ROYAL BANK OF CANADA | New | $357.0k50.0k shares |
| GTS SECURITIES LLC | Reduced | $235.6k33.0k shares |
| JANE STREET GROUP, LLC | Reduced | $227.8k31.9k shares |
| SG Americas Securities, LLC | Reduced | $73.0k1.2m shares |
| HSBC HOLDINGS PLC | Reduced | $59.3k8.3k shares |
| Walleye Trading LLC | Reduced | $2.1k300 shares |
Biggest puts
| SIMPLEX TRADING, LLC | Added | $4.2m572.9k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $1.2m169.0k shares |
| Walleye Trading LLC | Reduced | $544.1k76.2k shares |
| CITADEL ADVISORS LLC | Added | $516.2k72.3k shares |
| GTS SECURITIES LLC | Reduced | $156.4k21.9k shares |
| WOLVERINE TRADING, LLC | Reduced | $128.5k18.0k 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 2024
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 2022 | 1 | $474.8k | 0 | — | — |
| Q3 2022 | 0 | — | 0 | — | — |
| Q4 2022 | 0 | — | 0 | — | — |
| Q1 2023 | 0 | — | 1 | $650.8k | — |
| Q2 2023 | 0 | — | 1 | $98.1m | — |
| Q3 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 0 | — | 0 | — | — |
None reported in Q1 2024.
Holders, Q1 2024
| Manager | Shares | Change |
|---|---|---|
| BDT CAPITAL PARTNERS, LLC 99.98% of their portfolio | 53.0m $378.1m | Added +10.0m |
| VANGUARD GROUP INC 0.00% of their portfolio | 19.7m $140.4m | Added +41.6k |
| BlackRock Inc. 0.00% of their portfolio | 17.0m $121.2m | Added +208.9k |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 10.3m $73.5m | Added +1.1m |
| STATE STREET CORP 0.00% of their portfolio | 5.8m $41.1m | Added +26.1k |
| VICTORY CAPITAL MANAGEMENT INC 0.04% of their portfolio | 5.3m $37.9m | Added +805.5k |
| MORGAN STANLEY 0.00% of their portfolio | 4.6m $33.2m | Added +1.4m |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.01% of their portfolio | 4.2m $30.0m | Reduced -15.7k |
| NEUBERGER BERMAN GROUP LLC 0.02% of their portfolio | 4.1m $29.4m | Added +1.3m |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.02% of their portfolio | 3.3m $23.9m | Added +1.3m |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 3.1m $22.2m | Added +96.9k |
| NORGES BANK 0.00% of their portfolio | 2.6m $18.7m | Added +265.1k |
| Cambria Investment Management, L.P. 0.75% of their portfolio | 1.8m $12.5m | Added +559.2k |
| D. E. Shaw & Co., Inc. 0.02% of their portfolio | 1.7m $12.0m | Reduced -936.7k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 1.4m $10.2m | Reduced -16.1k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 1.4m $9.8m | Reduced -109.1k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 1.2m $8.4m | Reduced -179.5k |
| Invesco Ltd. 0.00% of their portfolio | 1.1m $7.8m | Added +580.7k |
| Corient Private Wealth LP 0.01% of their portfolio | 1.0m $7.2m | Reduced -4.7k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 998.2k $7.1m | Reduced -471.1k |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 719.5k $5.1m | Added +7.7k |
| GMT Capital Corp 0.17% of their portfolio | 617.9k $4.4m | New |
| FORMULA GROWTH LTD 1.37% of their portfolio | 600.0k $4.3m | Added +25.0k |
| Profit Investment Management, LLC 2.28% of their portfolio | 565.9k $4.0m | Added +118.0k |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 541.5k $3.9m | Reduced -172.3k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 541.1k $3.9m | Added +115.6k |
| Quinn Opportunity Partners LLC 0.43% of their portfolio | 527.5k $3.8m | New |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 525.7k $3.8m | Reduced -32.4k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 458.5k $3.3m | Reduced -128.4k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 458.3k $3.3m | Reduced -376.4k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 433.3k $3.1m | Added +4.9k |
| FRONTIER CAPITAL MANAGEMENT CO LLC 0.03% of their portfolio | 415.4k $3.0m | Added +41.2k |
| RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio | 404.4k $2.9m | Reduced -396.3k |
| BARCLAYS PLC 0.00% of their portfolio | 389.9k $2.8m | Reduced -7.4k |
| UBS Group AG 0.00% of their portfolio | 389.4k $2.8m | Added +187.5k |
| Swiss National Bank 0.00% of their portfolio | 339.5k $2.4m | Reduced -10.8k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 321.6k $2.3m | Reduced -11.4k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 313.5k $2.2m | Reduced -5.0k |
| Federation des caisses Desjardins du Quebec 0.02% of their portfolio | 308.6k $2.2m | Added +4.6k |
| Legal & General Group Plc 0.00% of their portfolio | 284.8k $2.0m | Added +13.0k |
| Verition Fund Management LLC 0.02% of their portfolio | 284.3k $2.0m | Added +139.2k |
| Matthew 25 Management Corp 0.67% of their portfolio | 275.0k $2.0m | Unchanged |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 264.7k $1.9m | Added +18.7k |
| AMERICAN INTERNATIONAL GROUP, INC. 0.01% of their portfolio | 252.7k $1.8m | Reduced -8.7k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.01% of their portfolio | 249.5k $1.8m | Reduced -388.3k |
| JUPITER ASSET MANAGEMENT LTD 0.02% of their portfolio | 247.3k $1.8m | Reduced -163.2k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 247.1k $1.8m | Reduced -2.8k |
| Graham Capital Management, L.P. 0.05% of their portfolio | 242.8k $1.7m | New |
| Retirement Systems of Alabama 0.01% of their portfolio | 239.6k $1.7m | Reduced -2.6k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio | 233.7k $2.0m | Added +1.4k |
| RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio | 226.4k $1.6m | Added +29.4k |
| CREDIT SUISSE AG/ 0.00% of their portfolio | 218.2k $1.6m | Added +15.3k |
| HRT FINANCIAL LP 0.01% of their portfolio | 206.2k $1.5m | Reduced -13.2k |
| SHERBROOKE PARK ADVISERS LLC 0.26% of their portfolio | 188.2k $1.3m | Added +175.8k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 182.0k $1.3m | Added +100.7k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 175.2k $1.3m | Reduced -16.4k |
| Edgestream Partners, L.P. 0.06% of their portfolio | 170.4k $1.2m | New |
| TEXAS PERMANENT SCHOOL FUND CORP 0.01% of their portfolio | 167.0k $1.2m | Reduced -12 |
| Ensign Peak Advisors, Inc 0.00% of their portfolio | 149.4k $1.1m | Reduced -7.5k |
| South Dakota Investment Council 0.02% of their portfolio | 148.0k $1.1m | Unchanged |
| STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio | 147.1k $1.1m | Reduced -18.6k |
| FMR LLC 0.00% of their portfolio | 146.8k $1.0m | Reduced -49.6k |
| STRS OHIO 0.00% of their portfolio | 143.6k $1.0m | New |
| AMALGAMATED BANK 0.01% of their portfolio | 129.9k $927.0k | Added +4.4k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 128.0k $913.9k | Added +35.1k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 128.0k $913.6k | Reduced -16.0k |
| AMH Equity Ltd 0.98% of their portfolio | 125.0k $892.5k | New |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 124.3k $887.8k | Reduced -4.1k |
| Balyasny Asset Management L.P. 0.00% of their portfolio | 120.4k $859.5k | New |
| XTX Topco Ltd 0.12% of their portfolio | 119.9k $856.2k | Added +56.3k |
| Capula Management Ltd 0.03% of their portfolio | 113.9k $813.5k | Not comparable |
| MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 113.7k $811.8k | Reduced -6.0k |
| CANADA LIFE ASSURANCE Co 0.00% of their portfolio | 112.6k $802.0k | Reduced -69.6k |
| COMERICA BANK 0.00% of their portfolio | 110.5k $789.2k | Added +31.5k |
| Eudaimonia Partners, LLC 0.18% of their portfolio | 108.4k $773.9k | Added +1.1k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 106.1k $758.0k | Added +6.5k |
| MetLife Investment Management, LLC 0.01% of their portfolio | 105.1k $750.1k | Reduced -4.2k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 103.7k $740.5k | Reduced -351.0k |
| SCS Capital Management LLC 0.01% of their portfolio | 99.6k $710.9k | Unchanged |
| LPL Financial LLC 0.00% of their portfolio | 99.1k $707.5k | Added +1.2k |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 97.2k $678.5k | Added +122 |
| ClearAlpha Technologies LP 0.29% of their portfolio | 94.9k $677.9k | New |
| Treasurer of the State of North Carolina 0.00% of their portfolio | 90.3k $645.0k | Added +620 |
| Values First Advisors, Inc. 0.37% of their portfolio | 89.0k $635.5k | Reduced -1.1k |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 88.0k $627.7k | Reduced -13 |
| YOUSIF CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 86.8k $619.5k | Reduced -3.8k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.00% of their portfolio | 82.0k $585.5k | Reduced -6.8k |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 80.5k $575.0k | Added +171 |
| Walleye Trading LLC 0.01% of their portfolio | 76.7k $547.3k | Reduced -121.5k |
| Gotham Asset Management, LLC 0.01% of their portfolio | 75.6k $540.0k | New |
| Squarepoint Ops LLC 0.00% of their portfolio | 73.6k $525.2k | Added +59.3k |
| Tidal Investments LLC 0.01% of their portfolio | 66.7k $476.5k | New |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 66.2k $472.4k | Added +6.2k |
| TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY 0.00% of their portfolio | 64.2k $459.0k | Unchanged |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 60.4k $431.2k | Reduced -4.2k |
| PEAK6 Investments LLC 0.02% of their portfolio | 55.3k $394.7k | Added +14.7k |
| Louisiana State Employees Retirement System 0.01% of their portfolio | 54.9k $392.0k | Added +600 |
| Brevan Howard Capital Management LP 0.04% of their portfolio | 54.8k $404.1k | New |
| BROWN ADVISORY INC 0.00% of their portfolio | 51.1k $365.0k | Added +292 |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 50.9k $363.3k | Added +37.6k |