Skip to main content

United Airlines Holdings, Inc.

UAL
Exchange
Nasdaq
Industry
Air Transportation, Scheduled
SEC CIK
0000100517

In the last 90 days, United Airlines Holdings, Inc. insiders filed 0 open-market purchases and 7 sales; 1,072 institutions reported holding it in 13F filings for Q2 2026, worth $39.5B in total; Duquesne Family Office is the only superinvestor holding it.

13F holders, Q3 2025

Institutional positions in United Airlines Holdings, Inc. as of Sep 30, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
914
+60 vs. Q2 2025
Shares held
289.8M
+9.89M (+3.5%) vs. Q2 2025
Total value
$28.0B
+$5.69B (+25.5%) vs. Q2 2025
New holders
152
338 more added
Sold out
92
291 more reduced

12 institutions that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q2 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting UAL on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ3 2025: 914 institutions
Q1 2021: 577 institutionsQ2 2021: 563 institutionsQ3 2021: 549 institutionsQ4 2021: 542 institutionsQ1 2022: 539 institutionsQ2 2022: 508 institutionsQ3 2022: 508 institutionsQ4 2022: 576 institutionsQ1 2023: 604 institutionsQ2 2023: 647 institutionsQ3 2023: 623 institutionsQ4 2023: 629 institutionsQ1 2024: 636 institutionsQ2 2024: 670 institutionsQ3 2024: 653 institutionsQ4 2024: 858 institutionsQ1 2025: 847 institutionsQ2 2025: 866 institutionsQ3 2025: 914 institutionsQ4 2025: 1,020 institutionsQ1 2026: 978 institutionsQ2 2026: 1,072 institutions
Value heldQ3 2025: $28.0B
Q1 2021: $11.6BQ2 2021: $10.2BQ3 2021: $9.01BQ4 2021: $8.23BQ1 2022: $9.40BQ2 2022: $7.39BQ3 2022: $6.42BQ4 2022: $7.94BQ1 2023: $9.89BQ2 2023: $12.7BQ3 2023: $9.81BQ4 2023: $9.41BQ1 2024: $11.8BQ2 2024: $12.6BQ3 2024: $15.4BQ4 2024: $27.9BQ1 2025: $19.8BQ2 2025: $22.4BQ3 2025: $28.0BQ4 2025: $32.4BQ1 2026: $26.2BQ2 2026: $39.5B
Institutions holding UAL and their total value by quarter
QuarterHoldersValue
Q2 20261,072$39.5B
Q1 2026978$26.2B
Q4 20251,020$32.4B
Q3 2025914$28.0B
Q2 2025866$22.4B
Q1 2025847$19.8B
Q4 2024858$27.9B
Q3 2024653$15.4B
Q2 2024670$12.6B
Q1 2024636$11.8B
Q4 2023629$9.41B
Q3 2023623$9.81B
Q2 2023647$12.7B
Q1 2023604$9.89B
Q4 2022576$7.94B
Q3 2022508$6.42B
Q2 2022508$7.39B
Q1 2022539$9.40B
Q4 2021542$8.23B
Q3 2021549$9.01B
Q2 2021563$10.2B
Q1 2021577$11.6B

Institutions, Q3 2025

Shares, value and share of portfolio for each institution holding United Airlines Holdings, Inc.; share changes are against Q2 2025.

Institutions holding UAL in Q3 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Walleye Capital LLC291,062$28.1M0.23%+32,285+12.5%Added
Khrom Capital Management LLC282,775$27.3M2.84%−796,321−73.8%Reduced
State Board of Administration of Florida Retirement System274,795$26.5M0.05%−10,560−3.7%Reduced
Rakuten Investment Management, Inc.108,735$25.9M0.10%+108,735New
Envestnet Asset Management Inc264,701$25.5M0.01%+59,378+28.9%Added
Mackenzie Financial Corp264,692$25.5M0.03%+232,432+720.5%Added
Raymond James Financial Inc263,649$25.4M0.01%−1,851−0.7%Reduced
LPL Financial LLC257,445$24.8M0.01%+15,548+6.4%Added
First Trust Advisors LP255,547$24.7M0.02%−37,033−12.7%Reduced
Aquatic Capital Management LLC251,919$24.3M0.45%+221,219+720.6%Added
Davidson Kempner Capital Management LP250,000$24.1M0.34%+250,000New
BNP Paribas Arbitrage, SA249,151$24.0M0.02%−487,277−66.2%Reduced
Mane Global Capital Management LP247,252$23.9M1.12%+247,252New
Owl Creek Asset Management, L.P.240,112$23.2M2.63%+240,112New
Swiss National Bank235,300$22.7M0.01%−12,100−4.9%Reduced
Brandywine Global Investment Management, LLC229,344$22.1M0.15%+14,496+6.7%Added
STRS Ohio217,783$21.0M0.08%−42,577−16.4%Reduced
Ensign Peak Advisors, Inc211,254$20.4M0.03%+65,532+45.0%Added
Grantham, Mayo, Van Otterloo & Co. LLC207,699$20.0M0.06%−27,305−11.6%Reduced
Prudential Financial Inc207,608$20.0M0.02%−9,323−4.3%Reduced
Sumitomo Mitsui Trust Holdings, Inc.204,488$19.7M0.01%+6,598+3.3%Added
Bank of Montreal200,665$19.4M0.01%+35,531+21.5%Added
Cartenna Capital, LP200,000$19.3M1.01%+200,000New
Parallax Volatility Advisers, L.P.196,359$18.9M0.56%+117,351+148.5%Added
New York State Common Retirement Fund188,393$18.2M0.02%+7,695+4.3%Added
Manufacturers Life Insurance Company, The187,556$18.1M0.01%+1,335+0.7%Added
Public Employees Retirement System of Ohio182,304$17.6M0.06%−2,518−1.4%Reduced
Walleye Trading LLC179,795$17.4M0.28%+20,702+13.0%Added
Massachusetts Financial Services Co178,332$17.2M0.01%−41,601−18.9%Reduced
ExodusPoint Capital Management, LP177,362$17.1M0.24%+153,961+657.9%Added
Great West Life Assurance Co171,286$16.9M0.02%+379+0.2%Added
Marsico Capital Management LLC172,692$16.7M0.43%+156,781+985.4%Added
Cinctive Capital Management LP171,137$16.5M0.82%+166,215+3,377.0%Added
Pinebridge Investments, L.P.171,061$16.5M0.12%−41,536−19.5%Reduced
Chevy Chase Trust Holdings, Inc.165,216$15.9M0.04%−7,292−4.2%Reduced
KLP Kapitalforvaltning AS162,200$15.7M0.06%−13,200−7.5%Reduced
Long Focus Capital Management, LLC159,000$15.3M0.88%−109,000−40.7%Reduced
Knightsbridge Asset Management, LLC158,997$15.3M2.59%−5,474−3.3%Reduced
Universal- Beteiligungs- und Servicegesellschaft mbH155,198$15.0M0.02%−11,812−7.1%Reduced
TD Asset Management Inc151,627$14.6M0.01%−120−0.1%Reduced
Cobalt Capital Management, Inc.150,000$14.5M6.65%−30,000−16.7%Reduced
CIBC World Markets Inc.147,523$14.2M0.03%+433+0.3%Added
Advisor Group Holdings, Inc.143,659$14.1M0.02%+86,447+151.1%Added
Macquarie Group Ltd142,876$13.8M0.02%−3,717−2.5%Reduced
O'Shaughnessy Asset Management, LLC142,867$13.8M0.08%+29,833+26.4%Added
Gotham Asset Management, LLC142,370$13.7M0.06%+70,890+99.2%Added
State of Tennessee, Treasury Department136,695$13.2M0.04%+3,540+2.7%Added
Woodline Partners LP133,126$12.8M0.06%−136,101−50.6%Reduced
Squarepoint Ops LLC122,378$11.8M0.03%−1,265,975−91.2%Reduced
Creative Planning122,361$11.8M0.01%+14,362+13.3%Added
Cubist Systematic Strategies, LLC120,069$11.6M0.16%+120,069New
Voya Investment Management LLC115,541$11.1M0.01%−108,598−48.5%Reduced
CastleKnight Management LP115,100$11.1M0.60%−10,100−8.1%Reduced
California State Teachers Retirement System113,288$10.9M0.01%−1,682−1.5%Reduced
Meeder Asset Management Inc113,204$10.9M0.62%−410.0%Reduced
Virginia Retirement Systems Et Al108,000$10.4M0.07%+28,000+35.0%Added
Wealthfront Advisers LLC107,796$10.4M0.02%+9,039+9.2%Added
State of Wisconsin Investment Board107,479$10.4M0.02%+63,213+142.8%Added
BI Asset Management Fondsmaeglerselskab A/S102,155$9.86M0.09%−31,134−23.4%Reduced
First Citizens Bank & Trust Co101,865$9.83M0.21%+11,394+12.6%Added
National Bank of Canada97,505$9.41M0.01%−133,102−57.7%Reduced
Envestnet Portfolio Solutions, Inc.97,418$9.40M0.03%+10,075+11.5%Added
Sierra Summit Advisors LLC96,053$9.27M1.41%−9,857−9.3%Reduced
Shellback Capital, LP95,000$9.17M0.58%−90,305−48.7%Reduced
CI Private Wealth, LLC92,487$8.92M0.01%−858−0.9%Reduced
Robeco Institutional Asset Management B.V.92,327$8.91M0.01%+12,224+15.3%Added
Cetera Investment Advisers92,131$8.89M0.01%+22,206+31.8%Added
Empowered Funds, LLC92,064$8.88M0.09%−8,392−8.4%Reduced
State of Michigan Retirement System90,228$8.71M0.04%−1,300−1.4%Reduced
Man Group plc88,590$8.55M0.02%−829,961−90.4%Reduced
Caption Management, LLC87,700$8.46M0.49%+47,000+115.5%Added
Achmea Investment Management B.V.87,625$8.46M0.11%+83,649+2,103.8%Added
Swedbank AB86,954$8.39M0.01%+1,413+1.7%Added
Wellington Management Group LLP86,066$8.31M0.00%+65,514+318.8%Added
Quantbot Technologies LP84,582$8.16M0.22%+14,645+20.9%Added
Mitsubishi UFJ Trust & Banking Corp84,273$8.13M0.02%−733−0.9%Reduced
Ieq Capital, LLC83,753$8.08M0.02%−625−0.7%Reduced
Czech National Bank82,222$7.93M0.05%+2,390+3.0%Added
Toronto Dominion Bank80,645$7.78M0.02%−7,603−8.6%Reduced
MetLife Investment Management80,350$7.75M0.04%−2,848−3.4%Reduced
QRG Capital Management, Inc.80,199$7.74M0.09%−215,588−72.9%Reduced
RBF Capital, LLC80,000$7.72M0.35%00.0%Unchanged
Commonwealth of Pennsylvania Public School Empls Retrmt Sys77,740$7.50M0.04%−2,361−2.9%Reduced
Howard Capital Management Inc.77,103$7.44M0.10%+54+0.1%Added
Handelsbanken Fonder AB76,655$7.40M0.02%+2,506+3.4%Added
Standard Life Aberdeen plc74,234$7.16M0.01%−26,708−26.5%Reduced
SG Americas Securities, LLC73,863$7.13M0.03%+47,041+175.4%Added
Mariner, LLC72,406$6.99M0.01%+11,711+19.3%Added
Point72 Hong Kong Ltd72,376$6.98M0.32%+72,376New
PEAK6 LLC69,945$6.75M0.17%+69,945New
MML Investors Services, LLC69,316$6.69M0.02%+5,273+8.2%Added
Retirement Systems of Alabama69,058$6.66M0.02%−1,025−1.5%Reduced
Bank of Nova Scotia68,572$6.62M0.01%−68,922−50.1%Reduced
Empirical Financial Services, LLC d.b.a. Empirical Wealth Management67,988$6.56M0.13%−4,215−5.8%Reduced
Cerity Partners LLC67,525$6.52M0.01%+2,461+3.8%Added
Engineers Gate Manager LP66,660$6.43M0.07%−23,081−25.7%Reduced
Aware Super Pty Ltd as trustee of Aware Super65,727$6.34M0.09%00.0%Unchanged
Teacher Retirement System of Texas65,468$6.32M0.03%−72,396−52.5%Reduced
D. E. Shaw & Co., Inc.65,334$6.30M0.01%+14,309+28.0%Added
iA Global Asset Management Inc.65,244$6.30M0.09%−768−1.2%Reduced