| 4 |
| PRIMECAP MANAGEMENT CO/CA/ |
| 16.5M |
| $2.24B |
| +4.5% |
| 5.072% |
| 1.32% |
| 5 | Sanders Capital, LLC | 15.0M | $2.04B | -1.2% | 4.630% | 2.05% |
| 6 | VANGUARD PORTFOLIO MANAGEMENT LLC | 14.2M | $1.93B | +0.7% | 4.364% | 0.09% |
| 7 | JANE STREET GROUP, LLC | 13.0M | $1.77B | +103.1% | 4.007% | 0.15% |
| 8 | STATE STREET CORP | 11.8M | $1.60B | +1.4% | 3.632% | 0.02% |
| 9 | Capital World Investors | 11.4M | $1.54B | +2.2% | 3.498% | 0.18% |
| 10 | GEODE CAPITAL MANAGEMENT, LLC | 9.5M | $1.31B | +2.5% | 2.938% | 0.07% |
| 11 | CITADEL ADVISORS LLC | 8.9M | $1.21B | -29.8% | 2.747% | 0.07% |
| 12 | SUSQUEHANNA INTERNATIONAL GROUP, LLP | 8.0M | $1.08B | -22.5% | 2.454% | 0.08% |
| 13 | Capital International Investors | 6.2M | $849.6M | -3.0% | 1.925% | 0.18% |
| 14 | DIMENSIONAL FUND ADVISORS LP | 5.4M | $732.4M | -4.9% | 1.659% | 0.13% |
| 15 | PAR CAPITAL MANAGEMENT INC | 5.4M | $728.9M | +7.3% | 1.651% | 18.07% |
| 16 | Boston Partners | 4.4M | $591.4M | +24.5% | 1.349% | 0.53% |
| 17 | MORGAN STANLEY | 4.0M | $550.6M | -9.7% | 1.248% | 0.03% |
| 18 | GOLDMAN SACHS GROUP INC | 3.9M | $529.0M | -26.8% | 1.198% | 0.05% |
| 19 | JPMORGAN CHASE & CO | 3.6M | $489.4M | +65.9% | 1.115% | 0.03% |
| 20 | Invesco Ltd. | 3.5M | $473.5M | -11.3% | 1.073% | 0.04% |
| 21 | Slate Path Capital LP | 3.3M | $452.2M | +6.8% | 1.025% | 6.26% |
| 22 | Newport Trust Company, LLC | 3.1M | $427.3M | -2.4% | 0.968% | 1.03% |
| 23 | SRS Investment Management, LLC | 2.9M | $400.2M | +1.0% | 0.907% | 3.70% |
| 24 | Capital Research Global Investors | 2.9M | $388.8M | +120.2% | 0.881% | 0.05% |
| 25 | UBS Group AG | 2.8M | $375.7M | -24.8% | 0.851% | 0.05% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). “% of Fund” shows how much of that investor’s total 13F portfolio is invested in UAL — a direct measure of their conviction.
| 89.96% |
| 1.45 pp |
| $19.99B |
| 31% |
| Q4 2024 | 820 | +31% | 91.41% | +6.43 pp | $29.02B | +84% |
| Q3 2024 | 624 | — | 84.98% | — | $15.75B | — |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Δ columns compare to the immediately prior filed quarter.
187 institutions opened new positions in UAL during Q2 2026, while 101 fully exited. 745 added to existing positions and 117 trimmed.
UAL institutional ownership fell by 0.08 percentage points quarter-over-quarter, with a net change of +93 holders.
The top 10 institutions account for 49.8% of all reported 13F value in UAL, and the top 25 account for 71.8%.
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.