UNITED AIRLS HLDGS INC UAL
COM · Common Stock · CUSIP 910047109 · ISIN US9100471096
- SectorIndustrials
- IndustryAir Transportation, Scheduled
- HeadquartersChicago, IL
- Founded1968
- Websiteir.united.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 ($30.2m this quarter). Holder counts are more reliable. Shares outstanding: 326.9m as of 2022-10-13, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $32.54. Options: 39 managers hold calls ($873.2m notional), 45 hold puts ($1.4bn).
Biggest calls
| CITADEL ADVISORS LLC | — | $181.9m5.6m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | — | $128.1m3.9m shares |
| JANE STREET GROUP, LLC | — | $75.3m2.3m shares |
| GROUP ONE TRADING LLC | — | $72.0m2.2m shares |
| SIMPLEX TRADING, LLC | — | $46.0m1.4m shares |
| IMC-Chicago, LLC | — | $42.6m1.3m shares |
| CITIGROUP INC | — | $38.7m1.2m shares |
| Twin Tree Management, LP | — | $29.0m892.5k shares |
| BANK OF AMERICA CORP /DE/ | — | $28.7m883.5k shares |
| CTC LLC | — | $28.3m8.7k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | — | $154.3m4.7m shares |
| MILLENNIUM MANAGEMENT LLC | — | $154.3m4.7m shares |
| CITADEL ADVISORS LLC | — | $120.5m3.7m shares |
| UBS Group AG | — | $111.2m3.4m shares |
| Parallax Volatility Advisers, L.P. | — | $79.0m2.4m shares |
| JANE STREET GROUP, LLC | — | $78.7m2.4m shares |
| NOMURA HOLDINGS INC | — | $74.9m2.3m shares |
| D. E. Shaw & Co., Inc. | — | $67.4m2.1m shares |
| Lombard Odier Asset Management (USA) Corp | — | $52.0m1.6m shares |
| BANK OF AMERICA CORP /DE/ | — | $44.1m1.4m 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 |
|---|---|
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 7.3% |
Fell to 5% or below in the last year: Capital International Investors (2.0%, 2026-05-14), VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD CAPITAL MANAGEMENT LLC), PRIMECAP MANAGEMENT CO/CA/ (4.9%, 2026-02-11), FMR LLC (5.0%, 2026-02-05)
Insider purchases and sales in Q3 2022
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 2020 | 0 | — | 0 | — | — |
| Q1 2021 | 0 | — | 0 | — | — |
| Q2 2021 | 0 | — | 0 | — | — |
| Q3 2021 | 0 | — | 0 | — | — |
| Q4 2021 | 0 | — | 0 | — | — |
| Q1 2022 | 0 | — | 0 | — | — |
| Q2 2022 | 1 | $4.1m | 3 | $1.4m | — |
| Q3 2022 | 1 | $1.8m | 1 | $544.3k | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2022-08-08 | Hart Gregory L EVP, Chief Growth Officer | Sold | $544.3k14.0k shares |
| 2022-07-26 | SHAPIRO EDWARD Director | Bought | $891.0k25.0k shares |
| 2022-07-25 | SHAPIRO EDWARD Director | Bought | $896.0k25.0k 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, Q3 2022
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.03% of their portfolio | 35.8m $1.2bn | — |
| PRIMECAP MANAGEMENT CO/CA/ 0.77% of their portfolio | 24.5m $796.4m | — |
| BlackRock Inc. 0.02% of their portfolio | 16.6m $540.2m | — |
| Capital International Investors 0.11% of their portfolio | 12.0m $388.9m | — |
| STATE STREET CORP 0.02% of their portfolio | 10.0m $324.6m | — |
| GEODE CAPITAL MANAGEMENT, LLC 0.03% of their portfolio | 6.6m $215.8m | — |
| U S GLOBAL INVESTORS INC 12.05% of their portfolio | 6.0m $195.2m | — |
| Newport Trust Company, LLC 0.44% of their portfolio | 4.0m $131.2m | — |
| FMR LLC 0.01% of their portfolio | 4.0m $130.7m | — |
| MILLENNIUM MANAGEMENT LLC 0.16% of their portfolio | 3.9m $126.6m | — |
| PAR CAPITAL MANAGEMENT INC 4.63% of their portfolio | 3.8m $124.7m | — |
| NEUBERGER BERMAN GROUP LLC 0.10% of their portfolio | 3.0m $99.1m | — |
| MORGAN STANLEY 0.01% of their portfolio | 3.0m $98.5m | — |
| LSV ASSET MANAGEMENT 0.23% of their portfolio | 3.0m $96.8m | — |
| Invesco Ltd. 0.03% of their portfolio | 2.8m $91.7m | — |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio | 2.5m $82.6m | — |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.03% of their portfolio | 2.5m $81.0m | — |
| NORTHERN TRUST CORP 0.02% of their portfolio | 2.4m $78.7m | — |
| CITADEL ADVISORS LLC 0.08% of their portfolio | 2.0m $64.0m | — |
| Bank of New York Mellon Corp 0.01% of their portfolio | 1.8m $58.7m | — |
| RENAISSANCE TECHNOLOGIES LLC 0.08% of their portfolio | 1.7m $56.4m | — |
| GOLDMAN SACHS GROUP INC 0.02% of their portfolio | 1.6m $53.2m | — |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 1.5m $47.5m | — |
| CITIGROUP INC 0.06% of their portfolio | 1.3m $43.0m | — |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.03% of their portfolio | 1.2m $40.6m | — |
| BANK OF MONTREAL /CAN/ 0.02% of their portfolio | 1.2m $40.1m | — |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.08% of their portfolio | 1.2m $39.3m | — |
| Miller Value Partners, LLC 2.34% of their portfolio | 1.2m $38.5m | — |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 1.2m $37.7m | — |
| NORGES BANK 0.01% of their portfolio | 1.0m $33.2m | — |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 930.1k $30.3m | — |
| JANE STREET GROUP, LLC 0.06% of their portfolio | 926.3k $30.1m | — |
| BNP PARIBAS FINANCIAL MARKETS 0.07% of their portfolio | 829.0k $27.0m | — |
| D. E. Shaw & Co., Inc. 0.05% of their portfolio | 824.8k $26.8m | — |
| WHITEBOX ADVISORS LLC 0.70% of their portfolio | 770.0k $25.0m | — |
| California Public Employees Retirement System 0.02% of their portfolio | 719.8k $23.4m | — |
| TWINBEECH CAPITAL LP 0.56% of their portfolio | 649.0k $21.1m | — |
| UBS Group AG 0.01% of their portfolio | 618.1k $20.1m | — |
| Cubist Systematic Strategies, LLC 0.14% of their portfolio | 596.9k $19.4m | — |
| RHUMBLINE ADVISERS 0.03% of their portfolio | 575.5k $18.7m | — |
| Legal & General Group Plc 0.01% of their portfolio | 543.4k $17.7m | — |
| Capital Group Private Client Services, Inc. 0.21% of their portfolio | 467.4k $15.2m | — |
| GROUP ONE TRADING LLC 0.49% of their portfolio | 459.4k $14.9m | — |
| Qube Research & Technologies Ltd 0.09% of their portfolio | 446.4k $14.5m | — |
| PANAGORA ASSET MANAGEMENT INC 0.10% of their portfolio | 438.6k $14.3m | — |
| Douglas Lane & Associates, LLC 0.26% of their portfolio | 431.8k $14.0m | — |
| Point72 Asset Management, L.P. 0.06% of their portfolio | 429.8k $14.0m | — |
| NAN FUNG TRINITY (HK) LTD 4.39% of their portfolio | 418.8k $13.6m | — |
| ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio | 407.8k $13.3m | — |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 406.7k $13.2m | — |
| SeaTown Holdings Pte. Ltd. 1.99% of their portfolio | 402.5k $13.1m | — |
| STRS OHIO 0.06% of their portfolio | 386.1k $12.6m | — |
| NATIXIS 0.06% of their portfolio | 380.6k $12.5m | — |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.03% of their portfolio | 366.7k $11.9m | — |
| Quadrature Capital Ltd 0.38% of their portfolio | 356.4k $11.6m | — |
| Man Group plc 0.05% of their portfolio | 346.5k $11.3m | — |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.03% of their portfolio | 338.3k $11.0m | — |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 311.8k $10.1m | — |
| Pacer Advisors, Inc. 0.07% of their portfolio | 311.5k $10.1m | — |
| NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio | 304.5k $9.9m | — |
| OLD NATIONAL BANCORP /IN/ 0.17% of their portfolio | 303.7k $9.9m | — |
| Balyasny Asset Management L.P. 0.04% of their portfolio | 303.1k $9.9m | — |
| Trexquant Investment LP 0.34% of their portfolio | 300.0k $9.8m | — |
| Clal Insurance Enterprises Holdings Ltd 0.13% of their portfolio | 298.3k $9.7m | — |
| Capital International, Inc./CA/ 0.21% of their portfolio | 288.5k $9.4m | — |
| PRUDENTIAL FINANCIAL INC 0.02% of their portfolio | 288.0k $9.4m | — |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 286.4k $9.4m | — |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.05% of their portfolio | 285.8k $9.3m | — |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 283.1k $9.2m | — |
| Interval Partners, LP 0.54% of their portfolio | 283.0k $9.2m | — |
| Walleye Trading LLC 0.30% of their portfolio | 280.5k $9.1m | — |
| HSBC HOLDINGS PLC 0.02% of their portfolio | 255.3k $8.4m | — |
| NWI MANAGEMENT LP 1.79% of their portfolio | 255.0k $8.3m | — |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 236.4k $7.7m | — |
| Twin Tree Management, LP 0.21% of their portfolio | 234.7k $7.6m | — |
| MACKENZIE FINANCIAL CORP 0.01% of their portfolio | 232.9k $7.6m | — |
| TWO SIGMA ADVISERS, LP 0.02% of their portfolio | 217.9k $7.1m | — |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio | 215.7k $7.0m | — |
| Jump Financial, LLC 0.27% of their portfolio | 214.5k $7.0m | — |
| AQR CAPITAL MANAGEMENT LLC 0.02% of their portfolio | 200.3k $6.5m | — |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 200.0k $6.5m | — |
| Chevy Chase Trust Holdings, LLC 0.03% of their portfolio | 199.5k $6.5m | — |
| HRT FINANCIAL LP 0.07% of their portfolio | 198.5k $6.5m | — |
| GATEWAY INVESTMENT ADVISERS LLC 0.08% of their portfolio | 197.0k $6.4m | — |
| Point72 Hong Kong Ltd 0.35% of their portfolio | 180.5k $5.9m | — |
| COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio | 176.5k $5.7m | — |
| J. Goldman & Co LP 0.43% of their portfolio | 176.1k $5.7m | — |
| JUPITER ASSET MANAGEMENT LTD 0.09% of their portfolio | 175.3k $5.7m | — |
| LPL Financial LLC 0.01% of their portfolio | 174.4k $5.7m | — |
| CREDIT SUISSE AG/ 0.01% of their portfolio | 172.3k $5.6m | — |
| Sonic Fund II, L.P. 3.80% of their portfolio | 171.8k $5.6m | — |
| Capital Markets Trading UK LLP 5.99% of their portfolio | 171.3k $5.6m | — |
| Davidson Kempner Capital Management LP 0.11% of their portfolio | 170.3k $5.5m | — |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 166.9k $5.4m | — |
| Thrivent Financial for Lutherans 0.01% of their portfolio | 165.6k $5.4m | — |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.02% of their portfolio | 163.7k $5.3m | — |
| Assenagon Asset Management S.A. 0.02% of their portfolio | 158.7k $5.2m | — |
| AlphaCrest Capital Management LLC 0.31% of their portfolio | 154.6k $5.0m | — |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 151.3k $4.9m | — |
| Cinctive Capital Management LP 0.22% of their portfolio | 150.2k $4.9m | — |