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 ($1.1m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $6.53. Options: 7 managers hold calls ($7.2m notional), 7 hold puts ($6.2m).
Trends to Q2 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 |
| Q2 2024 | 311 |
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 |
| Q2 2024 | 94 | 157 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $21.4m | $5.3m | 0.25 |
| Q4 2023 | $27.1m | $5.5m | 0.20 |
| Q1 2024 | $9.2m | $6.8m | 0.73 |
| Q2 2024 | $7.2m | $6.2m | 0.86 |
Biggest buyers
| BDT CAPITAL PARTNERS, LLC | Added | +6.9m |
| DIMENSIONAL FUND ADVISORS LP | Added | +795.8k |
| NORDEA INVESTMENT MANAGEMENT AB | New | +759.7k |
| VICTORY CAPITAL MANAGEMENT INC | Added | +752.0k |
| WINTON GROUP Ltd | New | +701.2k |
| VANGUARD GROUP INC | Added | +193.9k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Added | +185.4k |
| Balyasny Asset Management L.P. | Added | +167.7k |
| Gotham Asset Management, LLC | Added | +142.8k |
| NORTHERN TRUST CORP | Added | +135.9k |
Biggest sellers
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Sold out | -3.3m |
| MORGAN STANLEY | Reduced | -2.8m |
| Cambria Investment Management, L.P. | Sold out | -1.8m |
| CITADEL ADVISORS LLC | Reduced | -537.1k |
| NEUBERGER BERMAN GROUP LLC | Reduced | -369.0k |
| FRONTIER CAPITAL MANAGEMENT CO LLC | Reduced | -359.7k |
| FORMULA GROWTH LTD | Reduced | -335.0k |
| ROYAL BANK OF CANADA | Reduced | -292.8k |
| Verition Fund Management LLC | Sold out | -284.3k |
| Matthew 25 Management Corp | Sold out | -275.0k |
Biggest calls
| SIMPLEX TRADING, LLC | Added | $2.4m360.2k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $2.2m340.7k shares |
| CITADEL ADVISORS LLC | Added | $1.6m252.4k shares |
| Walleye Trading LLC | Added | $464.9k71.2k shares |
| WOLVERINE TRADING, LLC | Reduced | $327.2k50.1k shares |
| JANE STREET GROUP, LLC | Reduced | $156.7k24.0k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| SIMPLEX TRADING, LLC | Added | $4.1m609.3k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $1.2m184.9k shares |
| Walleye Trading LLC | Reduced | $387.2k59.3k shares |
| CITADEL ADVISORS LLC | Reduced | $327.2k50.1k shares |
| GTS SECURITIES LLC | Reduced | $124.1k19.0k shares |
| WOLVERINE TRADING, LLC | Reduced | $78.4k12.0k 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 Q2 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 |
|---|---|---|---|---|---|
| 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 | — | — |
| Q2 2024 | 0 | — | 0 | — | — |
None reported in Q2 2024.
Holders, Q2 2024
| Manager | Shares | Change |
|---|---|---|
| BDT CAPITAL PARTNERS, LLC 99.99% of their portfolio | 59.8m $390.7m | Added +6.9m |
| VANGUARD GROUP INC 0.00% of their portfolio | 19.9m $129.7m | Added +193.9k |
| BlackRock Inc. 0.00% of their portfolio | 16.9m $110.3m | Reduced -88.2k |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 11.1m $72.4m | Added +795.8k |
| VICTORY CAPITAL MANAGEMENT INC 0.04% of their portfolio | 6.1m $39.6m | Added +752.0k |
| STATE STREET CORP 0.00% of their portfolio | 5.7m $37.3m | Reduced -45.9k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.01% of their portfolio | 4.1m $27.0m | Reduced -74.4k |
| NEUBERGER BERMAN GROUP LLC 0.02% of their portfolio | 3.7m $24.5m | Reduced -369.0k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 3.1m $20.4m | Added +24.5k |
| NORGES BANK 0.00% of their portfolio | 2.6m $17.1m | Unchanged |
| MORGAN STANLEY 0.00% of their portfolio | 1.8m $12.0m | Reduced -2.8m |
| D. E. Shaw & Co., Inc. 0.02% of their portfolio | 1.6m $10.8m | Reduced -33.4k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 1.4m $9.3m | Reduced -5.8k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 1.3m $8.7m | Reduced -33.0k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 1.3m $8.6m | Added +135.9k |
| Invesco Ltd. 0.00% of their portfolio | 1.1m $7.2m | Reduced -635 |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 1.0m $6.8m | Added +48.0k |
| Corient Private Wealth LP 0.01% of their portfolio | 1.0m $6.6m | Reduced -543 |
| NORDEA INVESTMENT MANAGEMENT AB 0.01% of their portfolio | 759.7k $5.0m | New |
| WINTON GROUP Ltd 0.31% of their portfolio | 701.2k $4.6m | New |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 636.2k $4.2m | Reduced -83.3k |
| GMT Capital Corp 0.15% of their portfolio | 617.9k $4.0m | Unchanged |
| Quinn Opportunity Partners LLC 0.44% of their portfolio | 587.5k $3.8m | Added +60.0k |
| Profit Investment Management, LLC 2.33% of their portfolio | 569.9k $3.7m | Added +4.0k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 514.5k $3.4m | Reduced -11.2k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 507.0k $3.3m | Added +185.4k |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 471.3k $3.1m | Reduced -70.2k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio | 446.8k $2.9m | Reduced -11.5k |
| RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio | 410.3k $2.7m | Added +5.9k |
| UBS Group AG 0.00% of their portfolio | 407.6k $2.7m | Added +18.1k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 385.4k $2.5m | Reduced -73.1k |
| Federation des caisses Desjardins du Quebec 0.01% of their portfolio | 313.6k $2.0m | Added +5.0k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 308.6k $2.0m | Reduced -4.9k |
| BARCLAYS PLC 0.00% of their portfolio | 297.2k $1.9m | Reduced -92.7k |
| Swiss National Bank 0.00% of their portfolio | 292.0k $1.9m | Reduced -47.5k |
| Balyasny Asset Management L.P. 0.00% of their portfolio | 288.0k $1.9m | Added +167.7k |
| FORMULA GROWTH LTD 0.63% of their portfolio | 265.0k $1.7m | Reduced -335.0k |
| Legal & General Group Plc 0.00% of their portfolio | 260.7k $1.7m | Reduced -24.1k |
| JUPITER ASSET MANAGEMENT LTD 0.02% of their portfolio | 247.3k $1.6m | Unchanged |
| Corebridge Financial, Inc. 0.01% of their portfolio | 241.4k $1.6m | First filing |
| Retirement Systems of Alabama 0.01% of their portfolio | 235.5k $1.5m | Reduced -4.1k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 234.4k $1.5m | Reduced -12.7k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 233.4k $1.5m | Added +129.7k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio | 232.3k $1.5m | Reduced -1.4k |
| Gotham Asset Management, LLC 0.02% of their portfolio | 218.5k $1.4m | Added +142.8k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 209.5k $1.4m | Reduced -55.2k |
| HRT FINANCIAL LP 0.01% of their portfolio | 207.0k $1.4m | Added +782 |
| RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio | 206.2k $1.3m | Reduced -20.2k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 204.8k $1.3m | Added +22.8k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.00% of their portfolio | 161.6k $1.1m | Reduced -87.8k |
| Graham Capital Management, L.P. 0.04% of their portfolio | 158.6k $1.0m | Reduced -84.2k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 149.9k $979.0k | Added +83.8k |
| Ensign Peak Advisors, Inc 0.00% of their portfolio | 149.4k $975.5k | Unchanged |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 148.4k $969.2k | Reduced -26.8k |
| South Dakota Investment Council 0.02% of their portfolio | 147.9k $966.0k | Reduced -163 |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 140.5k $917.0k | Reduced -292.8k |
| AMALGAMATED BANK 0.01% of their portfolio | 121.1k $791.0k | Reduced -8.8k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 120.3k $785.3k | Reduced -4.1k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 119.0k $777.0k | Reduced -9.0k |
| LPL Financial LLC 0.00% of their portfolio | 115.0k $750.8k | Added +15.9k |
| Squarepoint Ops LLC 0.00% of their portfolio | 113.6k $741.9k | Added +40.1k |
| CANADA LIFE ASSURANCE Co 0.00% of their portfolio | 112.9k $736.0k | Added +326 |
| MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 109.3k $713.5k | Reduced -4.4k |
| Values First Advisors, Inc. 0.42% of their portfolio | 108.1k $705.8k | Added +19.1k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio | 103.3k $674.4k | Reduced -43.8k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 102.5k $670.0k | Reduced -3.6k |
| MetLife Investment Management, LLC 0.00% of their portfolio | 100.5k $656.5k | Reduced -4.5k |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 94.1k $652.2k | Reduced -3.1k |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 87.1k $568.5k | Reduced -841 |
| Treasurer of the State of North Carolina 0.00% of their portfolio | 84.2k $550.0k | Reduced -6.0k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 80.8k $527.6k | Added +65.0k |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 80.7k $527.0k | Added +171 |
| YOUSIF CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 80.1k $522.9k | Reduced -6.7k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.00% of their portfolio | 79.0k $516.0k | Reduced -3.0k |
| Tidal Investments LLC 0.01% of their portfolio | 76.7k $500.7k | Added +9.9k |
| COMERICA BANK 0.00% of their portfolio | 73.4k $479.5k | Reduced -37.1k |
| Quantinno Capital Management LP 0.01% of their portfolio | 72.0k $470.0k | Added +56.5k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 69.7k $455.2k | Reduced -58.3k |
| Teza Capital Management LLC 0.05% of their portfolio | 64.9k $423.8k | Added +46.8k |
| TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY 0.00% of their portfolio | 64.2k $419.0k | Unchanged |
| FRONTIER CAPITAL MANAGEMENT CO LLC 0.00% of their portfolio | 55.7k $363.9k | Reduced -359.7k |
| Louisiana State Employees Retirement System 0.01% of their portfolio | 54.0k $352.6k | Reduced -900 |
| Perigon Wealth Management, LLC 0.01% of their portfolio | 52.6k $343.5k | Added +1.9k |
| BROWN ADVISORY INC 0.00% of their portfolio | 51.1k $333.8k | Unchanged |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio | 50.3k $328.5k | Added +8.3k |
| SCS Capital Management LLC 0.01% of their portfolio | 49.8k $325.1k | Reduced -49.8k |
| Cullen Capital Management, LLC 0.00% of their portfolio | 48.0k $313.8k | Reduced -1.6k |
| Thrivent Financial for Lutherans 0.00% of their portfolio | 46.4k $303.0k | Reduced -1.7k |
| STATE OF MICHIGAN RETIREMENT SYSTEM 0.00% of their portfolio | 46.0k $300.4k | Reduced -400 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio | 44.8k $292.4k | Added +1.1k |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 43.0k $280.5k | Reduced -17.4k |
| NORTHWESTERN MUTUAL INVESTMENT MANAGEMENT COMPANY, LLC 0.01% of their portfolio | 42.6k $278.1k | Added +28 |
| ARIZONA STATE RETIREMENT SYSTEM 0.00% of their portfolio | 41.6k $271.3k | Reduced -5.7k |
| Ameritas Investment Partners, Inc. 0.01% of their portfolio | 40.6k $265.0k | Reduced -2.1k |
| Handelsbanken Fonder AB 0.00% of their portfolio | 39.7k $259.0k | Unchanged |
| OREGON PUBLIC EMPLOYEES RETIREMENT FUND 0.01% of their portfolio | 39.6k $258.7k | Reduced -7.5k |
| NEW MEXICO EDUCATIONAL RETIREMENT BOARD 0.01% of their portfolio | 38.7k $253.0k | Unchanged |
| Apollon Wealth Management, LLC 0.01% of their portfolio | 38.6k $252.2k | Added +11.0k |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 36.2k $236.6k | Unchanged |
| Marex Group Ltd 0.01% of their portfolio | 34.9k $228.2k | Reduced -400 |