Ranked by reported Q1 2026 13F market value
Share of total reported institutional value in UA held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | BDT CAPITAL PARTNERS, LLC | 65.1M | $376.6M | 0.0% | 15.249% | 10.73% |
| 2 | FAIRFAX FINANCIAL HOLDINGS LTD/ CAN | 22.0M | $126.9M | +132.6% | 5.157% | 6.53% |
| 3 | BlackRock, Inc. | 16.7M | $96.8M | -0.0% | 3.921% | 0.00% |
| 4 | DIMENSIONAL FUND ADVISORS LP | 11.5M | $66.7M | +6.6% | 2.700% | 0.01% |
| 5 | VANGUARD CAPITAL MANAGEMENT LLC | 7.8M | $45.0M | β | 1.823% | 0.00% |
| 6 | VANGUARD PORTFOLIO MANAGEMENT LLC | 6.6M | $38.3M | β | 1.551% | 0.00% |
| 7 | STATE STREET CORP | 4.6M | $26.7M | +1.6% | 1.082% | 0.00% |
| 8 | Neuberger Berman Group LLC | 4.0M | $23.1M | +6.2% | 0.938% | 0.02% |
| 9 | D. E. Shaw & Co., Inc. | 2.8M | $16.4M | -12.5% | 0.665% | 0.02% |
| 10 | GEODE CAPITAL MANAGEMENT, LLC | 2.7M | $15.5M | +4.7% | 0.627% | 0.00% |
| 11 | UBS Group AG | 2.2M | $13.0M | -41.9% | 0.525% | 0.00% |
| 12 | MILLENNIUM MANAGEMENT LLC | 1.8M | $10.2M | +194.1% | 0.411% | 0.01% |
| 13 | Gotham Asset Management, LLC | 1.2M | $7.1M | +3103.2% | 0.288% | 0.02% |
| 14 | VANGUARD FIDUCIARY TRUST CO | 1.2M | $7.0M | β | 0.283% | 0.00% |
| 15 | Point72 Asset Management, L.P. | 1.0M | $6.0M | +467.5% | 0.244% | 0.01% |
| 16 | SUSQUEHANNA INTERNATIONAL GROUP, LLP | 1.0M | $5.8M | +37.1% | 0.235% | 0.00% |
| 17 | GOLDMAN SACHS GROUP INC | 884K | $5.1M | +367.6% | 0.207% | 0.00% |
| 18 | NORTHERN TRUST CORP | 815K | $4.7M | +4.0% | 0.191% | 0.00% |
| 19 | Invesco Ltd. | 761K | $4.4M | -24.2% | 0.178% | 0.00% |
| 20 | MORGAN STANLEY | 715K | $4.1M | -25.6% | 0.168% | 0.00% |
| 21 | Bank of New York Mellon Corp | 714K | $4.1M | +1.2% | 0.167% | 0.00% |
| 22 | GMT CAPITAL CORP | 618K | $3.6M | β | 0.145% | 0.16% |
| 23 | Quinn Opportunity Partners LLC | 596K | $3.5M | -58.1% | 0.140% | 0.18% |
| 24 | PRINCIPAL FINANCIAL GROUP INC | 582K | $3.4M | +3.1% | 0.136% | 0.00% |
| 25 | Quantinno Capital Management LP | 433K | $2.5M | +211.6% | 0.102% | 0.00% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). β% of Fundβ shows how much of that investorβs total 13F portfolio is invested in UA β a direct measure of their conviction.
Filings activity in UA during Q1 2026, grouped by how each filer changed its position.
8 quarters of 13F filings Β· Ξ columns show change vs prior quarter
| Quarter | Inst. Holders | Ξ Holders | Ownership % | Ξ Ownership | Total 13F Value | Ξ Value |
|---|---|---|---|---|---|---|
| Q1 2026 | 299 | +0.7% | 38.96% | +8.51 pp | $977M | +28% |
| Q4 2025 | 297 | 0.7% | 30.45% | 0.11 pp | $764M | 0.4% |
| Q3 2025 | 299 | 0.3% | 30.56% | 8.64 pp | $767M | 22% |
| Q2 2025 | 300 | 2.3% | 39.20% | +3.13 pp | $983M | +8.7% |
| Q1 2025 | 307 | 5.8% | 36.07% | 11.07 pp | $905M | 23% |
| Q4 2024 | 326 | +3.8% | 47.14% | 3.36 pp | $1.18B | 6.6% |
| Q3 2024 | 314 | +3.0% | 50.50% | 89.21 pp | $1.27B | 64% |
| Q2 2024 | 305 | β | 139.71% | β | $3.50B | β |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Ξ columns compare to the immediately prior filed quarter.
Quick answers to the most common questions about buying UA stock.
Based on Q1 2026 13F filings, institutional ownership of Under Armour, Inc. stands at 39.0%, held across 299 reporting institutions.
BDT CAPITAL PARTNERS, LLC is the largest reported institutional holder of UA, with approximately 65,050,733 shares worth $0.38B as of Q1 2026.
Yes β 3 widely-followed marquee investors appear among the top 25 institutional holders of UA, including MILLENNIUM MANAGEMENT LLC, Point72 Asset Management, L.P., SUSQUEHANNA INTERNATIONAL GROUP, LLP.
Our composite Smart Money Score for UA is 71 out of 100 (Bullish). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
56 institutions opened new positions in UA during Q1 2026, while 54 fully exited. 201 added to existing positions and 36 trimmed.
UA institutional ownership rose by 8.51 percentage points quarter-over-quarter, with a net change of +2 holders.
The top 10 institutions account for 85.2% of all reported 13F value in UA, and the top 25 account for 93.8%.
All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.
Under Armour, Inc. (UA) Institutional Ownership