Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Under Armour Inc (UA)

296 + Investors. Track Smart Money conviction in UA. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +7
Streak
1Q ▲
Buyers last Q
56%

Smart Money Signals — UA

Based on 300 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds added UA than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
📊

High ownership — 92% of 3.0Y peak

92% of all-time peak
300 funds currently hold this stock — 92% of the 3.0-year high of 327 funds (reached 2024 Q4). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
〰️

Stable — ownership unchanged year-over-year

fund count last 6Q
The number of hedge funds holding UA is almost the same as a year ago (-5 funds, -2% change). No significant rush to buy or sell — institutional backing is holding steady.
🟡

Slight buying edge — 56% buying

148 buying116 selling
Last quarter: 148 funds bought or added vs 116 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
➡️

Steady new buyers — ~54 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 33 → 54 → 58 → 54. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

68% of holders stayed for 2+ years

■ 68% conviction (2yr+) ■ 16% medium ■ 16% new
203 out of 300 hedge funds have held UA for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
💰

Value +31% but shares only +9% — price-driven

Value
+31%
Shares
+9%
Last quarter: the total dollar value of institutional holdings rose +31%, but actual share count only changed +9%. The gap is explained by the stock's price rising — not new buying. Strong value growth with weak share growth means the rally is price momentum, not fresh institutional demand.
📈

Growing discovery — still being found

41 → 33 → 54 → 58 → 54 new funds/Q
New funds entering each quarter: 33 → 54 → 58 → 54. A growing number of institutions are discovering UA each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 74% veterans vs 18% newcomers

■ 74% veterans ■ 8% 1-2yr ■ 18% new
Entry-cohort mix of 309 holders: 228 (74%) are 2+ year veterans, 24 entered 1–2 years ago, and 57 (18%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
✅

Strong quality — 33% AUM from major funds

33% from top-100 AUM funds
44 of 299 holders rank in the top 100 by AUM, accounting for 33% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
3.0
out of 10
Low Exit Risk
Exit risk score 3.0/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — UA

In 2026 Q1, 148 hedge funds were net buyers of UA (54 opened a new position, 94 added to an existing one), while 116 reduced or exited (69 trimmed, 47 sold completely) — a 56% buyer ratio, indicating a slight buying edge. 33% of total institutional value in UA is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +7 funds (more new holders than closures). Total institutional holders: 300.

Hedge Fund Ownership: UA

How many hedge funds hold UA — quarterly history vs. share price
Quarterly hedge fund ownership of UA vs. share price

Market Analysis: UA

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: UA

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Loading signal freshness…
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

23 top-rated funds 0 high-conviction
Consensus
6.0
/ 10
breadth
×
Elite
0.6
/ 10
conviction
Hedge Fund Positioning: UA
2026 Q2 Stats Unlock in 1 days 296 + Investors

Track Smart Money conviction in UA. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 296 292 1.37%
13F Shares 172M 160M 7.51%
Total Value $992M $768M 29.16%
New Positions 53 58 -5
Increased Positions 89 64 +25
Closed Positions 49 67 -18
Reduced Positions 67 90 -23
Total Calls 6 4 50.0%
Total Puts 4 4 -
PUT/CALL Ratio 0.67 1.0 Bullish

Statistics: UA

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Valuation Measures Data as of: --

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Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q2)

296 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in UA. Verified SEC 13F-HR filings.

QUARTER:
2026 Q2 filings are still coming in. Only funds that have filed so far are shown — top holders may not have reported yet. Full 13F data typically settles by ~50 days after quarter-end.
Top 25 UA holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Bdt Capital Partners, LLC 9.51% 66,605,319 $414.3M
2 Fairfax Financial Holdings Ltd/ Can 5.18% 21,999,128 $136.6M
3 PharVision Advisers, LLC 1.84% 15,709 $98K
4 Formula Growth Ltd 1.09% 500,000 $3.1M
5 Farringdon Capital, Ltd. 0.36% 118,283 $736K
6 Values First Advisors, Inc. 0.26% — $570K
7 Fund 1 Investments, LLC 0.21% 201,612 $1.3M
8 Gmt Capital Corp 0.20% 617,898 $3.8M
9 Quinn Opportunity Partners LLC 0.12% 411,471 $2.6M
10 Dynamic Technology Lab Private Ltd 0.09% 61,428 $382K
11 Axq Capital, LP 0.08% 115,052 $716K
12 Camelot Portfolios, LLC 0.07% 16,600 $103K
13 Sugar Maple Asset Management, LLC 0.04% 10,500 $65K
14 Harborfront Financial Group LLC 0.04% 1,731 $11K
15 New Insight Wealth Advisors 0.03% 17,409 $108K
16 Fielder Capital Group LLC 0.03% 22,320 $139K
17 PACK Private Wealth, LLC 0.03% 10,271 $64K
18 Integrated Advisors Network LLC 0.02% 71,386 $444K
19 XTX Topco Ltd 0.02% 251,009 $1.6M
20 Abc Arbitrage SA 0.02% 29,709 $185K
21 Neuberger Berman Group LLC 0.02% 4,269,378 $26.5M
22 Twinbeech Capital LP 0.01% 12,100 $75K
23 Capitol Family Office, Inc. 0.01% 1,960 $12K
24 Optas, LLC 0.01% 14,183 $88K
25 Occudo Quantitative Strategies LP 0.01% 34,673 $216K
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Under Armour Inc (UA)

What does the Smart Money Trend signal show for UA?

Buying streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds added UA than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for UA?

Slight buying edge — 56% buying: Last quarter: 148 funds bought or added vs 116 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for UA holders?

Strong quality — 33% AUM from major funds: 44 of 299 holders rank in the top 100 by AUM, accounting for 33% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held UA?

68% of holders stayed for 2+ years: 203 out of 300 hedge funds have held UA for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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