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 ($248.3k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $6.22. Options: 8 managers hold calls ($5.0m notional), 7 hold puts ($11.0m).
Trends to Q2 2026
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 |
| Q4 2024 | 336 |
| Q1 2025 | 313 |
| Q2 2025 | 306 |
| Q3 2025 | 307 |
| Q4 2025 | 300 |
| Q1 2026 | 303 |
| Q2 2026 | 300 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 114 | 116 |
| Q4 2024 | 116 | 139 |
| Q1 2025 | 102 | 146 |
| Q2 2025 | 105 | 131 |
| Q3 2025 | 112 | 144 |
| Q4 2025 | 114 | 153 |
| Q1 2026 | 136 | 108 |
| Q2 2026 | 123 | 120 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $3.3m | $12.9m | 3.90 |
| Q4 2025 | $4.0m | $12.0m | 2.99 |
| Q1 2026 | $5.3m | $11.4m | 2.17 |
| Q2 2026 | $5.0m | $11.0m | 2.20 |
Biggest buyers
| BlackRock, Inc. | Added | +5.6m |
| BDT CAPITAL PARTNERS, LLC | Added | +1.6m |
| VANGUARD PORTFOLIO MANAGEMENT LLC | Added | +1.2m |
| STATE STREET CORP | Added | +1.2m |
| Corient Private Wealth LP | New | +1.0m |
| GEODE CAPITAL MANAGEMENT, LLC | Added | +953.5k |
| NORTHERN TRUST CORP | Added | +768.0k |
| BANK OF NOVA SCOTIA | New | +518.9k |
| MORGAN STANLEY | Added | +506.2k |
| D. E. Shaw & Co., Inc. | Added | +478.2k |
Biggest sellers
| UBS Group AG | Reduced | -1.7m |
| HRT FINANCIAL LP | Sold out | -1.6m |
| Gotham Asset Management, LLC | Reduced | -1.1m |
| MILLENNIUM MANAGEMENT LLC | Reduced | -779.2k |
| JPMORGAN CHASE & CO | Reduced | -777.6k |
| CITADEL ADVISORS LLC | Sold out | -422.9k |
| Bastion Asset Management Inc. | Sold out | -278.0k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | -277.2k |
| Russell Investments Group, Ltd. | Reduced | -267.7k |
| Quinn Opportunity Partners LLC | Reduced | -185.0k |
Biggest calls
| JANE STREET GROUP, LLC | Reduced | $2.2m350.8k shares |
| SIMPLEX TRADING, LLC | Reduced | $1.0m162.3k shares |
| GROUP ONE TRADING LLC | Reduced | $497.6k80.0k shares |
| IMC-Chicago, LLC | Added | $421.7k67.8k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $320.3k51.5k shares |
| CITADEL ADVISORS LLC | Reduced | $281.8k45.3k shares |
| PRELUDE CAPITAL MANAGEMENT, LLC | Added | $255.0k150.0k shares |
| Walleye Trading LLC | Reduced | $41.1k6.6k shares |
Biggest puts
| SIMPLEX TRADING, LLC | Reduced | $9.3m1.5m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $1.0m167.9k shares |
| CITADEL ADVISORS LLC | Reduced | $249.4k40.1k shares |
| IMC-Chicago, LLC | Added | $223.3k35.9k shares |
| JANE STREET GROUP, LLC | Reduced | $145.5k23.4k shares |
| Walleye Trading LLC | Added | $64.7k10.4k shares |
| GROUP ONE TRADING LLC | Added | $6.2k1.0k 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 since 1 Apr 2026
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 2024 | 0 | — | 2 | $508.6k | — |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 0 | — | 1 | $100.2k | — |
| Q3 2025 | 4 | $1.5m | 0 | — | — |
| Q4 2025 | 0 | — | 0 | — | — |
| Q1 2026 | 0 | — | 0 | — | — |
| Q2 2026 | 0 | — | 0 | — | — |
| Q3 2026 | 1 | $100.2k | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-08-11 | Taleghani Reza Chief Financial Officer | Bought | $100.2k18.7k shares |
| 2026-05-14 | FAIRFAX FINANCIAL HOLDINGS LTD/ CAN +1 10% owner · See Footnote | Bought | $500100 shares |
| 2026-05-13 | FAIRFAX FINANCIAL HOLDINGS LTD/ CAN +1 10% owner · See Footnote | Bought | $3.7m739.5k shares |
| 2026-05-12 | FAIRFAX FINANCIAL HOLDINGS LTD/ CAN +1 10% owner · See Footnote | Bought | $2.2m438.7k 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, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| BDT CAPITAL PARTNERS, LLC 9.51% of their portfolio | 66.6m $414.3m | Added +1.6m |
| BlackRock, Inc. 0.00% of their portfolio | 22.3m $138.8m | Added +5.6m |
| FAIRFAX FINANCIAL HOLDINGS LTD/ CAN 5.18% of their portfolio | 22.0m $136.6m | Unchanged |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 11.5m $71.2m | Reduced -67.0k |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.00% of their portfolio | 7.8m $48.7m | Added +1.2m |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 7.8m $48.6m | Added +34.5k |
| STATE STREET CORP 0.00% of their portfolio | 5.8m $36.1m | Added +1.2m |
| NEUBERGER BERMAN GROUP LLC 0.02% of their portfolio | 4.3m $26.5m | Added +266.2k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 3.6m $22.6m | Added +953.5k |
| D. E. Shaw & Co., Inc. 0.01% of their portfolio | 3.3m $20.6m | Added +478.2k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 1.6m $9.8m | Added +768.0k |
| VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio | 1.3m $7.8m | Added +44.3k |
| MORGAN STANLEY 0.00% of their portfolio | 1.2m $7.6m | Added +506.2k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 1.1m $7.1m | Added +260.1k |
| Point72 Asset Management, L.P. 0.01% of their portfolio | 1.1m $6.5m | Added +11.5k |
| Corient Private Wealth LP 0.01% of their portfolio | 1.0m $6.3m | New |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 974.6k $6.1m | Reduced -779.2k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 851.8k $5.3m | Added +137.8k |
| Invesco Ltd. 0.00% of their portfolio | 850.8k $5.3m | Added +90.0k |
| Quantinno Capital Management LP 0.01% of their portfolio | 744.5k $4.6m | Added +311.3k |
| Connor, Clark & Lunn Investment Management Ltd. 0.01% of their portfolio | 714.5k $4.4m | Added +416.9k |
| NORGES BANK 0.00% of their portfolio | 621.1k $3.9m | Not comparable |
| GMT Capital Corp 0.20% of their portfolio | 617.9k $3.8m | Unchanged |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 579.1k $3.6m | Reduced -2.6k |
| BANK OF NOVA SCOTIA 0.00% of their portfolio | 518.9k $3.2m | New |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 516.7k $3.2m | Reduced -277.2k |
| UBS Group AG 0.00% of their portfolio | 512.4k $3.2m | Reduced -1.7m |
| FORMULA GROWTH LTD 1.09% of their portfolio | 500.0k $3.1m | Added +100.0k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 491.8k $3.1m | Added +60.7k |
| Nuveen, LLC 0.00% of their portfolio | 435.0k $2.7m | Added +74.4k |
| Quinn Opportunity Partners LLC 0.12% of their portfolio | 411.5k $2.6m | Reduced -185.0k |
| Public Sector Pension Investment Board 0.01% of their portfolio | 410.6k $2.6m | Reduced -15.6k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 367.9k $2.3m | Added +22.4k |
| JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio | 331.2k $2.0m | Added +78.7k |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 310.2k $1.9m | Added +18.1k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 306.4k $1.9m | Reduced -10.3k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 266.3k $1.7m | Reduced -113.8k |
| Legal & General Group Plc 0.00% of their portfolio | 263.1k $1.6m | Added +732 |
| Federation des caisses Desjardins du Quebec 0.00% of their portfolio | 262.3k $1.6m | Added +1.6k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 252.6k $1.6m | Added +156.6k |
| XTX Topco Ltd 0.02% of their portfolio | 251.0k $1.6m | Added +123.6k |
| Swiss National Bank 0.00% of their portfolio | 244.0k $1.5m | Added +5.8k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 232.6k $1.4m | Added +80.0k |
| ING GROEP NV 0.01% of their portfolio | 221.1k $1.4m | New |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 211.9k $1.3m | Reduced -13.6k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 206.3k $1.3m | Added +178.1k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 206.2k $1.3m | Reduced -777.6k |
| Fund 1 Investments, LLC 0.22% of their portfolio | 201.6k $1.3m | New |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 199.2k $1.2m | Added +161.2k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 186.5k $1.2m | Added +1.3k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 169.5k $1.1m | Added +3.9k |
| GROUP ONE TRADING LLC 0.03% of their portfolio | 163.0k $1.0m | Reduced -3.7k |
| CITIGROUP INC 0.00% of their portfolio | 152.9k $951.1k | Added +82.9k |
| Mariner, LLC 0.00% of their portfolio | 145.8k $906.9k | Reduced -32.5k |
| NewEdge Advisors, LLC 0.00% of their portfolio | 143.3k $891.4k | Added +22.1k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 139.3k $866.2k | Added +40.5k |
| VANGUARD ASSET MANAGEMENT, Ltd 0.00% of their portfolio | 136.1k $846.4k | Added +6.5k |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 135.5k $842.9k | Added +22.1k |
| Squarepoint Ops LLC 0.00% of their portfolio | 122.3k $760.6k | Added +59.3k |
| Schonfeld Strategic Advisors LLC 0.00% of their portfolio | 122.0k $758.9k | Added +61.7k |
| South Dakota Investment Council 0.01% of their portfolio | 119.8k $745.0k | Reduced -4.4k |
| Farringdon Capital, Ltd. 0.36% of their portfolio | 118.3k $735.7k | New |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 115.3k $717.1k | Reduced -5.6k |
| AXQ CAPITAL, LP 0.08% of their portfolio | 115.1k $715.6k | Reduced -2.6k |
| Gotham Asset Management, LLC 0.00% of their portfolio | 114.7k $713.5k | Reduced -1.1m |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 110.7k $688.4k | Added +13.0k |
| MetLife Investment Management, LLC 0.00% of their portfolio | 109.7k $682.1k | Added +106.7k |
| Vanguard Global Advisers, LLC 0.00% of their portfolio | 106.5k $662.2k | Reduced -19.5k |
| CANADA LIFE ASSURANCE Co 0.00% of their portfolio | 102.6k $637.0k | Unchanged |
| Values First Advisors, Inc. 0.26% of their portfolio | 91.6k $569.8k | Reduced -2.0k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 90.5k $563.0k | Reduced -4.8k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio | 90.1k $560.6k | Reduced -138.0k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 85.9k $534.2k | New |
| MAI Capital Management 0.00% of their portfolio | 85.6k $532.6k | Added +48.2k |
| LPL Financial LLC 0.00% of their portfolio | 81.1k $504.5k | Reduced -12.1k |
| Thrivent Financial for Lutherans 0.00% of their portfolio | 78.7k $490.0k | Reduced -1.3k |
| BARCLAYS PLC 0.00% of their portfolio | 71.7k $446.2k | Added +40.1k |
| Integrated Advisors Network LLC 0.02% of their portfolio | 71.4k $444.0k | Added +1.0k |
| ALLSTATE CORP 0.00% of their portfolio | 67.8k $421.8k | New |
| Jupiter Topco LLC 0.00% of their portfolio | 66.2k $411.6k | First filing |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 64.6k $401.6k | Reduced -222 |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 63.0k $391.8k | Added +50.1k |
| Dynamic Technology Lab Private Ltd 0.09% of their portfolio | 61.4k $382.0k | New |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 59.6k $370.8k | New |
| IMC-Chicago, LLC 0.00% of their portfolio | 59.5k $370.2k | Reduced -40.2k |
| RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio | 58.4k $363.2k | New |
| MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio | 55.9k $347.7k | Added +28.2k |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio | 55.7k $346.6k | Added +3.6k |
| Police & Firemen's Retirement System of New Jersey 0.00% of their portfolio | 52.6k $327.4k | Reduced -29.8k |
| Louisiana State Employees Retirement System 0.00% of their portfolio | 52.4k $325.9k | Reduced -600 |
| Blackstone Inc. 0.00% of their portfolio | 52.2k $324.6k | Not comparable |
| Summit Trail Advisors, LLC 0.00% of their portfolio | 46.7k $290.6k | Reduced -46.4k |
| IEQ CAPITAL, LLC 0.00% of their portfolio | 44.0k $273.8k | Added +18.2k |
| Cerity Partners LLC 0.00% of their portfolio | 43.4k $269.9k | Added +24.2k |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio | 40.8k $269.5k | Added +19.3k |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio | 39.6k $246.2k | Reduced -72 |
| State of Alaska, Department of Revenue 0.00% of their portfolio | 39.4k $244.0k | Reduced -20.9k |
| Cetera Investment Advisers 0.00% of their portfolio | 37.5k $233.1k | Added +5.3k |
| Vanguard Investments Australia, Ltd. 0.00% of their portfolio | 36.1k $224.3k | Unchanged |
| Wedmont Private Capital 0.01% of their portfolio | 36.0k $237.8k | Added +338 |