Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Under Armour Inc (UAA)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +24
Streak
1Q ▲
Buyers last Q
53%

Smart Money Signals — UAA

Based on 372 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 UAA 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.
🏔️

At the ownership peak (96% of max)

96% of all-time peak
372 hedge funds hold UAA right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
〰️

Stable — ownership unchanged year-over-year

fund count last 6Q
The number of hedge funds holding UAA is almost the same as a year ago (-11 funds, -3% change). No significant rush to buy or sell — institutional backing is holding steady.
🟡

Slight buying edge — 53% buying

200 buying175 selling
Last quarter: 200 funds bought or added vs 175 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.
📈

More new buyers each quarter (+11 vs last Q)

new funds entering per quarter
Funds opening a new UAA position: 48 → 55 → 67 → 78. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

64% of holders stayed for 2+ years

■ 64% conviction (2yr+) ■ 19% medium ■ 17% new
238 out of 372 hedge funds have held UAA 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 +22% but shares only +4% — price-driven

Value
+21%
Shares
+4%
Last quarter: the total dollar value of institutional holdings rose +22%, but actual share count only changed +4%. 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

70 → 48 → 55 → 67 → 78 new funds/Q
New funds entering each quarter: 48 → 55 → 67 → 78. A growing number of institutions are discovering UAA each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 72% veterans vs 18% newcomers

■ 72% veterans ■ 10% 1-2yr ■ 18% new
Entry-cohort mix of 405 holders: 291 (72%) are 2+ year veterans, 42 entered 1–2 years ago, and 72 (18%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
✅

Strong quality — 36% AUM from major funds

36% from top-100 AUM funds
47 of 367 holders rank in the top 100 by AUM, accounting for 36% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
3.2
out of 10
Low Exit Risk
Exit risk score 3.2/10 — 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 — UAA

In 2026 Q1, 200 hedge funds were net buyers of UAA (78 opened a new position, 122 added to an existing one), while 175 reduced or exited (121 trimmed, 54 sold completely) — a 53% buyer ratio, indicating a slight buying edge. 36% of total institutional value in UAA is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +24 funds (more new holders than closures). Total institutional holders: 372.

Hedge Fund Ownership: UAA

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

Market Analysis: UAA

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: UAA

-- --

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

Is It Too Late to Buy Under Armour Inc (UAA) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much UAA has moved relative to its sector benchmark (XLY) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 81d ago
UAA
+2.5%
XLY
nan%

UAA outperformed XLY by nan% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 36d ago
UAA
+18.4%
XLY
nan%

Since the filing became public, UAA outperformed XLY by nan% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

26 top-rated funds 1 high-conviction
Consensus
6.2
/ 10
breadth
×
Elite
1.6
/ 10
conviction
Hedge Fund Positioning: UAA
371 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 371 348 6.61%
13F Shares 241M 231M 4.14%
Total Value $1.39B $1.15B 21.61%
New Positions 78 67 +11
Increased Positions 109 113 -4
Closed Positions 55 79 -24
Reduced Positions 116 98 +18
Total Calls 19 17 11.76%
Total Puts 19 18 5.56%
PUT/CALL Ratio 1.0 1.06 Neutral

Statistics: UAA

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Valuation Measures Data as of: --

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Forward P/E --
PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
Levered Free Cash Flow (ttm) --

Institutional Holders (2026 Q1)

371 + investors

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

QUARTER:
Top 25 UAA holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Fairfax Financial Holdings Ltd/ Can 13.06% 43,000,872 $253.7M
2 Kettle Hill Capital Management, LLC 2.64% 1,784,741 $10.5M
3 Deltroit Asset Management (UK) LLP 2.40% 2,523,328 $14.9M
4 Ovata Capital Management Ltd 1.16% 1,398,745 $8.3M
5 Credit Industriel Et Commercial 0.71% 1,536,404 $9.1M
6 Soviero Asset Management, LP 0.50% 170,000 $1.0M
7 WJ Financial Advisors LLC 0.41% 85,221 $504K
8 Lecap Asset Management Ltd 0.30% 134,033 $792K
9 O'Connor Alternative Investments LLC 0.20% 400,000 $2.4M
10 Cim Investment Management Inc 0.18% 113,096 $668K
11 Scientech Research LLC 0.17% 34,398 $203K
12 Sage Private Wealth Group, LLC 0.15% 50,342 $298K
13 nVerses Capital, LLC 0.14% 26,964 $159K
14 PDT Partners, LLC 0.14% 402,237 $2.4M
15 Maven Securities LTD 0.13% 1,184,325 $7.0M
16 Farringdon Capital, Ltd. 0.12% 93,472 $552K
17 Abc Arbitrage SA 0.12% 153,452 $907K
18 Campbell & CO Investment Adviser LLC 0.12% 354,236 $2.1M
19 Jupiter Asset Management Ltd 0.12% 3,763,156 $22.2M
20 Gmt Capital Corp 0.12% 435,780 $2.6M
21 Axq Capital, LP 0.11% 149,182 $882K
22 Aster Capital Management (DIFC) Ltd 0.10% 49,827 $311K
23 Blueshift Asset Management, LLC 0.09% 52,716 $312K
24 Dynamic Technology Lab Private Ltd 0.09% 97,268 $575K
25 Whitebox Advisors LLC 0.09% 1,186,792 $7.0M
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 (UAA)

What does the Smart Money Trend signal show for UAA?

Buying streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds added UAA 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 UAA?

Slight buying edge — 53% buying: Last quarter: 200 funds bought or added vs 175 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 UAA holders?

Strong quality — 36% AUM from major funds: 47 of 367 holders rank in the top 100 by AUM, accounting for 36% 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 UAA?

64% of holders stayed for 2+ years: 238 out of 372 hedge funds have held UAA 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.

Is it too late to buy Under Armour Inc (UAA) following the 2026 Q1 hedge fund 13F filings?

As of today, UAA has moved +18.4% since the 2026 Q1 13F filing date (May 15, 2026), compared to nan% for the XLY sector ETF — an outperformance of nan%. Since the quarter end (March 31, 2026), UAA has gained +2.5% vs nan% for XLY. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

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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