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 ($682.8k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $8.36. Options: 8 managers hold calls ($10.9m notional), 8 hold puts ($3.6m).
Trends to Q3 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 |
| Q3 2024 | 325 |
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 |
| Q3 2024 | 114 | 116 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2023 | $27.1m | $5.5m | 0.20 |
| Q1 2024 | $9.2m | $6.8m | 0.73 |
| Q2 2024 | $7.2m | $6.2m | 0.86 |
| Q3 2024 | $10.9m | $3.6m | 0.33 |
Biggest buyers
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | New | +1.4m |
| HRT FINANCIAL LP | Added | +1.1m |
| Schonfeld Strategic Advisors LLC | New | +801.2k |
| AMERICAN CENTURY COMPANIES INC | Added | +716.5k |
| CITADEL ADVISORS LLC | Added | +694.0k |
| DIMENSIONAL FUND ADVISORS LP | Added | +522.4k |
| MILLENNIUM MANAGEMENT LLC | Added | +511.6k |
| JANE STREET GROUP, LLC | Added | +449.0k |
| Weiss Asset Management LP | New | +433.9k |
| Fund 1 Investments, LLC | New | +401.0k |
Biggest sellers
| VANGUARD GROUP INC | Reduced | -3.3m |
| STATE STREET CORP | Reduced | -945.6k |
| WINTON GROUP Ltd | Sold out | -701.2k |
| Invesco Ltd. | Reduced | -595.9k |
| VICTORY CAPITAL MANAGEMENT INC | Reduced | -574.4k |
| JPMORGAN CHASE & CO | Reduced | -535.8k |
| Bank of New York Mellon Corp | Reduced | -403.4k |
| PRINCIPAL FINANCIAL GROUP INC | Reduced | -331.6k |
| NORTHERN TRUST CORP | Reduced | -320.3k |
| Balyasny Asset Management L.P. | Sold out | -288.0k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $4.2m502.7k shares |
| SIMPLEX TRADING, LLC | Reduced | $2.9m344.5k shares |
| CITADEL ADVISORS LLC | Reduced | $2.1m248.5k shares |
| Walleye Trading LLC | Reduced | $576.8k69.0k shares |
| WOLVERINE TRADING, LLC | Added | $499.6k59.4k shares |
| GTS SECURITIES LLC | New | $366.2k43.8k shares |
| JANE STREET GROUP, LLC | Added | $220.7k26.4k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| SIMPLEX TRADING, LLC | Reduced | $1.2m138.3k shares |
| PEAK6 Investments LLC | New | $790.0k94.5k shares |
| Walleye Trading LLC | Reduced | $459.8k55.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $459.8k55.0k shares |
| IMC-Chicago, LLC | New | $352.8k42.2k shares |
| CITADEL ADVISORS LLC | Reduced | $239.9k28.7k shares |
| GTS SECURITIES LLC | Reduced | $97.0k11.6k 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 Q3 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 |
|---|---|---|---|---|---|
| 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 | — | — |
| Q3 2024 | 0 | — | 0 | — | — |
None reported in Q3 2024.
Holders, Q3 2024
| Manager | Shares | Change |
|---|---|---|
| BDT CAPITAL PARTNERS, LLC 100.00% of their portfolio | 60.0m $501.6m | Added +161.9k |
| VANGUARD GROUP INC 0.00% of their portfolio | 16.6m $138.6m | Reduced -3.3m |
| BlackRock, Inc. 0.00% of their portfolio | 13.7m $114.2m | First filing |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 11.6m $97.1m | Added +522.4k |
| VICTORY CAPITAL MANAGEMENT INC 0.04% of their portfolio | 5.5m $45.9m | Reduced -574.4k |
| STATE STREET CORP 0.00% of their portfolio | 4.8m $39.8m | Reduced -945.6k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.01% of their portfolio | 4.0m $33.6m | Reduced -113.1k |
| NEUBERGER BERMAN GROUP LLC 0.03% of their portfolio | 4.0m $33.4m | Added +251.1k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 2.9m $24.5m | Reduced -199.1k |
| NORGES BANK 0.00% of their portfolio | 2.8m $23.0m | Added +127.9k |
| MORGAN STANLEY 0.00% of their portfolio | 1.7m $14.3m | Reduced -124.9k |
| D. E. Shaw & Co., Inc. 0.02% of their portfolio | 1.4m $12.0m | Reduced -213.8k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio | 1.4m $12.0m | New |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 1.3m $11.2m | Reduced -84.8k |
| HRT FINANCIAL LP 0.06% of their portfolio | 1.3m $10.8m | Added +1.1m |
| Corient Private Wealth LP 0.01% of their portfolio | 1.0m $8.4m | Added +1.3k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 997.6k $8.3m | Reduced -320.3k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 934.9k $7.8m | Reduced -403.4k |
| Schonfeld Strategic Advisors LLC 0.05% of their portfolio | 801.2k $6.7m | New |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 797.2k $6.7m | Added +716.5k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 741.3k $6.2m | Added +355.9k |
| NORDEA INVESTMENT MANAGEMENT AB 0.01% of their portfolio | 716.1k $6.0m | Reduced -43.6k |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 698.0k $5.8m | Added +694.0k |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 682.4k $5.7m | Added +449.0k |
| FORMULA GROWTH LTD 1.81% of their portfolio | 630.0k $5.3m | Added +365.0k |
| GMT Capital Corp 0.21% of their portfolio | 617.9k $5.2m | Unchanged |
| Capula Management Ltd 0.06% of their portfolio | 614.4k $5.1m | Not comparable |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 592.4k $5.0m | Added +511.6k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 510.4k $4.3m | Reduced -535.8k |
| Invesco Ltd. 0.00% of their portfolio | 502.4k $4.2m | Reduced -595.9k |
| Quinn Opportunity Partners LLC 0.40% of their portfolio | 479.5k $4.0m | Reduced -108.0k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 469.8k $3.9m | Reduced -37.1k |
| Weiss Asset Management LP 0.09% of their portfolio | 433.9k $3.6m | New |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 410.8k $3.4m | Reduced -103.7k |
| Fund 1 Investments, LLC 0.52% of their portfolio | 401.0k $3.4m | New |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 361.6k $3.0m | Reduced -109.7k |
| RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio | 353.5k $3.0m | Reduced -56.8k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 348.7k $2.9m | Added +114.3k |
| Profit Investment Management, LLC 2.24% of their portfolio | 341.1k $2.9m | Reduced -228.8k |
| Verition Fund Management LLC 0.02% of their portfolio | 310.3k $2.6m | New |
| Gotham Asset Management, LLC 0.03% of their portfolio | 310.1k $2.6m | Added +91.6k |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 304.6k $2.5m | Reduced -331.6k |
| BARCLAYS PLC 0.00% of their portfolio | 304.3k $2.5m | Added +7.1k |
| Swiss National Bank 0.00% of their portfolio | 292.0k $2.4m | Unchanged |
| JUPITER ASSET MANAGEMENT LTD 0.02% of their portfolio | 247.3k $2.1m | Unchanged |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 242.0k $2.0m | Reduced -66.6k |
| UBS Group AG 0.00% of their portfolio | 240.1k $2.0m | Reduced -167.5k |
| Legal & General Group Plc 0.00% of their portfolio | 236.7k $2.0m | Reduced -23.9k |
| ExodusPoint Capital Management, LP 0.02% of their portfolio | 234.9k $2.0m | Added +230.8k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio | 232.3k $1.9m | Unchanged |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 223.8k $1.9m | Reduced -223.1k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 216.8k $1.8m | Added +147.1k |
| RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio | 215.8k $1.8m | Added +9.6k |
| Federation des caisses Desjardins du Quebec 0.01% of their portfolio | 211.6k $1.8m | Reduced -102.0k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 208.1k $1.7m | Added +3.3k |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 203.0k $1.7m | Added +202.0k |
| STRS OHIO 0.01% of their portfolio | 195.2k $1.6m | New |
| FMR LLC 0.00% of their portfolio | 189.3k $1.6m | Added +169.2k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 179.6k $1.5m | Reduced -30.0k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 168.8k $1.4m | Added +18.9k |
| Graham Capital Management, L.P. 0.04% of their portfolio | 161.8k $1.4m | Added +3.2k |
| Retirement Systems of Alabama 0.00% of their portfolio | 157.3k $1.3m | Reduced -78.2k |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 155.2k $1.3m | Added +61.1k |
| Corebridge Financial, Inc. 0.01% of their portfolio | 153.6k $1.3m | Reduced -87.8k |
| Ensign Peak Advisors, Inc 0.00% of their portfolio | 149.4k $1.2m | Unchanged |
| South Dakota Investment Council 0.02% of their portfolio | 147.9k $1.2m | Unchanged |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 144.7k $1.2m | Reduced -3.7k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 125.2k $1.0m | Added +111.0k |
| Boston Partners 0.00% of their portfolio | 121.5k $1.0m | New |
| XTX Topco Ltd 0.07% of their portfolio | 108.8k $909.5k | Added +82.1k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 106.9k $895.0k | Added +4.5k |
| Values First Advisors, Inc. 0.48% of their portfolio | 106.2k $887.9k | Reduced -1.9k |
| Quantinno Capital Management LP 0.01% of their portfolio | 104.5k $873.4k | Added +32.5k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio | 103.3k $863.4k | Unchanged |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 101.1k $846.0k | Reduced -39.4k |
| CANADA LIFE ASSURANCE Co 0.00% of their portfolio | 99.1k $830.0k | Reduced -13.8k |
| SHERBROOKE PARK ADVISERS LLC 0.18% of their portfolio | 91.8k $767.6k | New |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 88.0k $735.6k | Reduced -31.0k |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 87.1k $729.7k | Unchanged |
| Treasurer of the State of North Carolina 0.00% of their portfolio | 84.6k $707.0k | Added +340 |
| LPL Financial LLC 0.00% of their portfolio | 80.6k $674.2k | Reduced -34.3k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 77.6k $649.0k | Reduced -42.6k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.00% of their portfolio | 75.7k $632.9k | Reduced -3.3k |
| MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 70.0k $585.1k | Reduced -39.3k |
| MetLife Investment Management, LLC 0.00% of their portfolio | 68.0k $568.9k | Reduced -32.5k |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 64.3k $537.6k | Added +28.1k |
| TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY 0.00% of their portfolio | 64.2k $536.0k | Unchanged |
| Teza Capital Management LLC 0.06% of their portfolio | 61.3k $512.5k | Reduced -3.6k |
| AMALGAMATED BANK 0.00% of their portfolio | 60.6k $507.0k | Reduced -60.4k |
| Handelsbanken Fonder AB 0.00% of their portfolio | 60.3k $504.0k | Added +20.6k |
| PEAK6 Investments LLC 0.02% of their portfolio | 56.6k $472.9k | Added +26.4k |
| Y-Intercept (Hong Kong) Ltd 0.03% of their portfolio | 55.5k $463.9k | New |
| Bayesian Capital Management, LP 0.05% of their portfolio | 52.4k $438.1k | New |
| Perigon Wealth Management, LLC 0.01% of their portfolio | 50.9k $425.2k | Reduced -1.7k |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio | 50.3k $420.5k | Unchanged |
| YOUSIF CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 49.3k $412.2k | Reduced -30.8k |
| Alpha DNA Investment Management LLC 0.22% of their portfolio | 48.7k $407.4k | New |
| Tidal Investments LLC 0.00% of their portfolio | 48.5k $405.6k | Reduced -28.2k |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio | 45.0k $376.1k | Added +206 |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 44.2k $369.2k | New |