Who owns United Airlines Holdings (UAL)
Which tracked institutional funds hold UAL, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See UAL company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-09-22). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
444 tracked funds added or opened UAL while 151 trimmed or exited it between 2026-Q1 and 2026-Q2 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
UAL’s largest tracked holder by dollar value, BlackRock, Inc., sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.1% of theirs — a 0.0pp gap the other way — the median holder sizes UAL more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in UAL divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2026-Q1 and 2026-Q2, across 1008 tracked filers holding UAL, 546 increased or opened the position and 490 reduced or closed it; over the same quarter, open-market insider Form 4s were net sales.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in UAL between the 2026-Q1 and 2026-Q2 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 58
- Holocene Advisors, LP$180M
- PointState Capital LP$121M
- Castle Hook Partners LP$120M
- Quadrature Capital Ltd$69M
- RENAISSANCE TECHNOLOGIES LLC$63M
- Weiss Asset Management LP$58M
Full exits 87
- LSV ASSET MANAGEMENT$238M
- Pacer Advisors, Inc.$158M
- Amundi$112M
- TOMS Capital Investment Management LP$110M
- KBC Group NV$52M
- Pentwater Capital Management LP$46M
Largest adds
- BlackRock, Inc.$1.4B
- FMR LLC$1.1B
- VANGUARD CAPITAL MANAGEMENT LLC$925M
- PRIMECAP MANAGEMENT CO/CA/$788M
- Sanders Capital, LLC$644M
- VANGUARD PORTFOLIO MANAGEMENT LLC$631M
Largest trims
- Caisse de depot et placement du Quebec$100M
- Qube Research & Technologies Ltd$79M
- LOS ANGELES CAPITAL MANAGEMENT LLC$72M
- BARCLAYS PLC$71M
- Squarepoint Ops LLC$53M
- Alyeska Investment Group, L.P.$48M
Institutional holders
One row per tracked fund, most shares held first (every row is from one quarter; reported value breaks ties). “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding.
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| BlackRock, Inc. added | 22,436,107 | $3.1B | 8.5% | 2026-Q2 |
| VANGUARD CAPITAL MANAGEMENT LLC added | 21,008,797 | $2.9B | 8.0% | 2026-Q2 |
| FMR LLC added | 19,473,813 | $2.6B | 7.4% | 2026-Q2 |
| PRIMECAP MANAGEMENT CO/CA/ added | 16,461,630 | $2.2B | 6.2% | 2026-Q2 |
| Sanders Capital, LLC trimmed | 15,027,948 | $2.0B | 5.7% | 2026-Q2 |
| VANGUARD PORTFOLIO MANAGEMENT LLC added | 14,162,813 | $1.9B | 5.4% | 2026-Q2 |
| STATE STREET CORP added | 11,788,111 | $1.6B | 4.5% | 2026-Q2 |
| Capital World Investors added | 11,353,742 | $1.5B | 4.3% | 2026-Q2 |
| GEODE CAPITAL MANAGEMENT, LLC added | 9,536,361 | $1.3B | 3.7% | 2026-Q2 |
| Capital International Investors trimmed | 6,247,343 | $850M | 2.4% | 2026-Q2 |
| DIMENSIONAL FUND ADVISORS LP trimmed | 5,385,982 | $732M | 2.0% | 2026-Q2 |
| PAR CAPITAL MANAGEMENT INC added | 5,359,741 | $729M | 2.0% | 2026-Q2 |
| Boston Partners added | 4,379,941 | $591M | 1.6% | 2026-Q2 |
| CITADEL ADVISORS LLC added | 4,331,239 | $589M | 1.6% | 2026-Q2 |
| MORGAN STANLEY trimmed | 4,048,901 | $551M | 1.5% | 2026-Q2 |
| JPMORGAN CHASE & CO added | 3,620,362 | $489M | 1.4% | 2026-Q2 |
| Invesco Ltd. trimmed | 3,481,627 | $473M | 1.3% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC trimmed | 3,445,226 | $469M | 1.3% | 2026-Q2 |
| Slate Path Capital LP added | 3,325,452 | $452M | 1.3% | 2026-Q2 |
| Newport Trust Company, LLC trimmed | 3,141,879 | $427M | 1.2% | 2026-Q2 |
| SRS Investment Management, LLC added | 2,942,727 | $400M | 1.1% | 2026-Q2 |
| Capital Research Global Investors added | 2,859,344 | $389M | 1.1% | 2026-Q2 |
| AQR CAPITAL MANAGEMENT LLC trimmed | 2,631,391 | $358M | 1.0% | 2026-Q2 |
| NORTHERN TRUST CORP trimmed | 2,433,370 | $331M | 0.9% | 2026-Q2 |
| PRICE T ROWE ASSOCIATES INC /MD/ added | 2,197,454 | $299M | 0.8% | 2026-Q2 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 2,158,857 | $294M | 0.8% | 2026-Q2 |
| D. E. Shaw & Co., Inc. added | 2,158,134 | $293M | 0.8% | 2026-Q2 |
| JANE STREET GROUP, LLC added | 2,147,706 | $292M | 0.8% | 2026-Q2 |
| BALYASNY ASSET MANAGEMENT L.P. added | 1,979,070 | $269M | 0.8% | 2026-Q2 |
| Allianz Asset Management GmbH trimmed | 1,918,450 | $177M | 0.5% | 2026-Q2 |
| NORGES BANK trimmed | 1,888,595 | $257M | 0.7% | 2026-Q2 |
| VANGUARD FIDUCIARY TRUST CO added | 1,825,103 | $248M | 0.7% | 2026-Q2 |
| Point72 Asset Management, L.P. added | 1,803,428 | $245M | 0.7% | 2026-Q2 |
| ASSETMARK, INC trimmed | 1,556,094 | $212M | 0.6% | 2026-Q2 |
| LANSDOWNE PARTNERS (UK) LLP added | 1,549,179 | $211M | 0.6% | 2026-Q2 |
| UBS Group AG trimmed | 1,520,372 | $207M | 0.6% | 2026-Q2 |
| AMERICAN CENTURY COMPANIES INC added | 1,451,914 | $197M | 0.6% | 2026-Q2 |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. added | 1,373,165 | $187M | 0.5% | 2026-Q2 |
| Holocene Advisors, LP trimmed | 1,320,123 | $180M | 0.5% | 2026-Q2 |
| DEUTSCHE BANK AG\ trimmed | 1,313,117 | $179M | 0.5% | 2026-Q2 |
| Bank of New York Mellon Corp trimmed | 1,312,655 | $179M | 0.5% | 2026-Q2 |
| ALLIANCEBERNSTEIN L.P. added | 1,246,038 | $115M | 0.3% | 2026-Q2 |
| ADAGE CAPITAL PARTNERS GP, L.L.C. added | 1,198,242 | $163M | 0.5% | 2026-Q2 |
| MILLENNIUM MANAGEMENT LLC added | 1,151,697 | $157M | 0.4% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ added | 1,129,035 | $154M | 0.4% | 2026-Q2 |
| Senator Investment Group LP trimmed | 1,075,439 | $146M | 0.4% | 2026-Q2 |
| Russell Investments Group, Ltd. added | 1,003,780 | $136M | 0.4% | 2026-Q2 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC added | 959,281 | $130M | 0.4% | 2026-Q2 |
| Quantinno Capital Management LP added | 913,882 | $124M | 0.3% | 2026-Q2 |
| PointState Capital LP new | 889,534 | $121M | 0.3% | 2026-Q2 |
| Castle Hook Partners LP added | 882,187 | $120M | 0.3% | 2026-Q2 |
| BARCLAYS PLC trimmed | 849,153 | $115M | 0.3% | 2026-Q2 |
| Nuveen, LLC added | 846,161 | $115M | 0.3% | 2026-Q2 |
| Duquesne Family Office LLC added | 794,795 | $108M | 0.3% | 2026-Q2 |
| Alyeska Investment Group, L.P. trimmed | 791,284 | $108M | 0.3% | 2026-Q2 |
| U S GLOBAL INVESTORS INC trimmed | 780,724 | $106M | 0.3% | 2026-Q2 |
| TWO SIGMA INVESTMENTS, LP added | 780,663 | $106M | 0.3% | 2026-Q2 |
| Patient Capital Management, LLC trimmed | 731,523 | $99M | 0.3% | 2026-Q2 |
| GMT Capital Corp trimmed | 726,800 | $99M | 0.3% | 2026-Q2 |
| California Public Employees Retirement System trimmed | 726,586 | $99M | 0.3% | 2026-Q2 |
| Qube Research & Technologies Ltd trimmed | 725,041 | $99M | 0.3% | 2026-Q2 |
| WORLDQUANT MILLENNIUM ADVISORS LLC added | 712,784 | $97M | 0.3% | 2026-Q2 |
| Legal & General Group Plc trimmed | 704,293 | $96M | 0.3% | 2026-Q2 |
| Vanguard Global Advisers, LLC trimmed | 697,168 | $95M | 0.3% | 2026-Q2 |
| HSBC HOLDINGS PLC trimmed | 685,459 | $93M | 0.3% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC trimmed | 651,020 | $89M | 0.2% | 2026-Q2 |
| FIRST TRUST ADVISORS LP added | 644,856 | $88M | 0.2% | 2026-Q2 |
| CAPITAL FUND MANAGEMENT S.A. added | 641,644 | $87M | 0.2% | 2026-Q2 |
| BNP PARIBAS FINANCIAL MARKETS trimmed | 640,688 | $87M | 0.2% | 2026-Q2 |
| MARSHALL WACE, LLP trimmed | 593,862 | $81M | 0.2% | 2026-Q2 |
| RHUMBLINE ADVISERS trimmed | 543,456 | $74M | 0.2% | 2026-Q2 |
| FEDERATED HERMES, INC. trimmed | 530,089 | $72M | 0.2% | 2026-Q2 |
| SEI INVESTMENTS CO added | 523,759 | $71M | 0.2% | 2026-Q2 |
| Avala Global LP trimmed | 517,300 | $70M | 0.2% | 2026-Q2 |
| Quadrature Capital Ltd added | 510,282 | $69M | 0.2% | 2026-Q2 |
| FRANKLIN RESOURCES INC trimmed | 510,145 | $69M | 0.2% | 2026-Q2 |
| Mitsubishi UFJ Asset Management Co., Ltd. added | 508,374 | $69M | 0.2% | 2026-Q2 |
| CITIGROUP INC trimmed | 506,557 | $69M | 0.2% | 2026-Q2 |
| GLENVIEW CAPITAL MANAGEMENT, LLC trimmed | 494,736 | $67M | 0.2% | 2026-Q2 |
| RENAISSANCE TECHNOLOGIES LLC added | 465,763 | $63M | 0.2% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN trimmed | 455,180 | $62M | 0.2% | 2026-Q2 |
| BWCP, LP trimmed | 431,744 | $59M | 0.2% | 2026-Q2 |
| Allspring Global Investments Holdings, LLC added | 427,252 | $58M | 0.2% | 2026-Q2 |
| Hudson Bay Capital Management LP added | 425,772 | $58M | 0.2% | 2026-Q2 |
| Weiss Asset Management LP new | 425,223 | $58M | 0.2% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 420,670 | $57M | 0.2% | 2026-Q2 |
| VICTORY CAPITAL MANAGEMENT INC added | 408,180 | $56M | 0.2% | 2026-Q2 |
| PRINCIPAL FINANCIAL GROUP INC added | 380,196 | $52M | 0.1% | 2026-Q2 |
| Douglas Lane & Associates, LLC trimmed | 365,512 | $50M | 0.1% | 2026-Q2 |
| CANADA PENSION PLAN INVESTMENT BOARD added | 359,300 | $49M | 0.1% | 2026-Q2 |
| Nearwater Capital Markets, Ltd new | 351,000 | $48M | 0.1% | 2026-Q2 |
| Man Group plc trimmed | 330,519 | $45M | 0.1% | 2026-Q2 |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC trimmed | 320,358 | $44M | 0.1% | 2026-Q2 |
| ROYAL BANK OF CANADA trimmed | 309,491 | $42M | 0.1% | 2026-Q2 |
| Connor, Clark & Lunn Investment Management Ltd. added | 308,191 | $42M | 0.1% | 2026-Q2 |
| Junto Capital Management LP new | 275,462 | $37M | 0.1% | 2026-Q2 |
| AustralianSuper Pty Ltd trimmed | 271,494 | $37M | 0.1% | 2026-Q2 |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM trimmed | 263,928 | $36M | 0.1% | 2026-Q2 |
| SCHRODER INVESTMENT MANAGEMENT GROUP added | 262,370 | $36M | 0.1% | 2026-Q2 |
| BANK OF MONTREAL /CAN/ added | 257,138 | $35M | 0.1% | 2026-Q2 |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.