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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, Q4 2025

Institutional positions in United Airlines Holdings, Inc. as of Dec 31, 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
1,020
+128 vs. Q3 2025
Shares held
290.0M
+898.4K (+0.3%) vs. Q3 2025
Total value
$32.4B
+$4.49B (+16.1%) vs. Q3 2025
New holders
211
376 more added
Sold out
83
294 more reduced

22 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 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 holdersQ4 2025: 1,020 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 heldQ4 2025: $32.4B
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, Q4 2025

Shares, value and share of portfolio for each institution holding United Airlines Holdings, Inc.; share changes are against Q3 2025.

Institutions holding UAL in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Vanguard Group Inc37,379,569$4.18B0.06%+55,210+0.1%Added
BlackRock, Inc.21,420,528$2.40B0.04%+972,386+4.8%Added
Capital International Investors18,199,969$2.04B0.32%−3,815,497−17.3%Reduced
FMR LLC16,417,564$1.84B0.09%+1,857,987+12.8%Added
Primecap Management Co15,978,490$1.79B1.35%−2,024,470−11.2%Reduced
Sanders Capital, LLC15,182,819$1.70B1.96%+409,234+2.8%Added
State Street Corp11,510,200$1.29B0.04%+52,962+0.5%Added
Geode Capital Management, LLC9,012,731$1.02B0.06%+68,565+0.8%Added
Capital World Investors7,265,530$812.4M0.11%+22,464+0.3%Added
Dimensional Fund Advisors LP5,474,521$612.1M0.13%+13,627+0.2%Added
Par Capital Management Inc4,894,850$547.3M14.52%−74,000−1.5%Reduced
Citadel Advisors LLC4,401,311$492.2M0.33%+61,955+1.4%Added
Invesco Ltd.3,847,571$430.2M0.04%−142,683−3.6%Reduced
Morgan Stanley3,580,241$400.3M0.02%−60,151−1.7%Reduced
Newport Trust Co3,266,669$365.3M0.87%−64,192−1.9%Reduced
Senator Investment Group LP3,128,629$349.8M14.03%+33,986+1.1%Added
Barclays PLC3,087,540$345.2M0.14%+626,776+25.5%Added
Goldman Sachs Group Inc2,965,089$331.6M0.05%−570,843−16.1%Reduced
AQR Capital Management LLC2,928,657$325.5M0.17%+1,060,371+56.8%Added
SRS Investment Management, LLC2,903,678$324.7M3.42%+2,565+0.1%Added
UBS Group AG2,866,570$320.5M0.06%−1,069,855−27.2%Reduced
Pacer Advisors, Inc.2,730,727$305.3M0.79%−622,306−18.6%Reduced
LSV Asset Management2,514,959$281.2M0.61%−42,600−1.7%Reduced
Northern Trust Corp2,460,875$275.2M0.04%−76,018−3.0%Reduced
Boston Partners2,344,675$262.5M0.27%−90,300−3.7%Reduced
Norges Bank2,094,830$234.2M0.03%+2,094,830New
Charles Schwab Investment Management Inc2,064,021$230.8M0.04%−2,650−0.1%Reduced
Allianz Asset Management GmbH1,958,518$219.0M0.25%+497,324+34.0%Added
Slate Path Capital LP1,889,952$211.3M2.85%+731,780+63.2%Added
Point72 Asset Management, L.P.1,791,602$200.3M0.31%+1,153,496+180.8%Added
JPMorgan Chase & Co1,739,501$194.5M0.01%+109,888+6.7%Added
Jane Street Group, LLC1,726,042$193.0M0.23%+1,053,082+156.5%Added
Ameriprise Financial Inc1,646,896$184.2M0.04%−62,270−3.6%Reduced
Qube Research & Technologies Ltd1,595,491$178.4M0.26%+471,649+42.0%Added
Assetmark, Inc1,594,916$178.3M0.36%−59,689−3.6%Reduced
Nuveen, LLC1,528,242$170.9M0.04%+726,022+90.5%Added
Bank of America Corp1,472,181$164.6M0.01%+90,526+6.6%Added
Price T Rowe Associates Inc1,419,796$158.8M0.02%−12,722−0.9%Reduced
Bank of New York Mellon Corp1,371,269$153.3M0.03%−45,268−3.2%Reduced
Two Sigma Investments, LP1,341,548$150.0M0.22%+1,305,748+3,647.3%Added
TOMS Capital Investment Management LP1,300,600$145.4M10.13%+540,600+71.1%Added
Deutsche Bank AG1,264,952$141.4M0.05%+409,868+47.9%Added
Lansdowne Partners (UK) LLP1,229,971$137.5M10.09%+129,760+11.8%Added
Alliancebernstein L.P.1,132,920$126.7M0.04%+637,328+128.6%Added
Interval Partners, LP1,109,396$124.1M2.90%+713,249+180.0%Added
American Century Companies Inc1,106,681$123.7M0.06%+57,788+5.5%Added
Avala Global LP1,077,749$120.5M5.77%+307,700+40.0%Added
Anomaly Capital Management, LP1,023,889$114.5M4.11%−90,903−8.2%Reduced
Russell Investments Group, Ltd.992,493$111.0M0.12%+83,230+9.2%Added
GMT Capital Corp920,900$103.0M5.37%−171,000−15.7%Reduced
BNP PARIBAS ASSET MANAGEMENT Holding S.A.920,813$103.0M0.12%+302,832+49.0%Added
Los Angeles Capital Management LLC1,045,485$97.6M0.33%+338,214+47.8%Added
Millennium Management LLC816,329$91.3M0.07%+200,855+32.6%Added
Marshall Wace, LLP811,277$90.7M0.09%−148,760−15.5%Reduced
U S Global Investors Inc792,076$88.6M9.48%+11,893+1.5%Added
Legal & General Group Plc782,093$87.5M0.02%−59,302−7.0%Reduced
UBS Asset Management Americas Inc777,968$87.0M0.02%+71,420+10.1%Added
HSBC Holdings PLC766,076$85.7M0.05%−231,898−23.2%Reduced
Two Sigma Advisers, LP748,600$83.7M0.16%+748,600New
Amundi730,040$81.6M0.02%−268,304−26.9%Reduced
Alyeska Investment Group, L.P.701,700$78.5M0.22%+240,393+52.1%Added
California Public Employees Retirement System699,334$78.2M0.04%−6,774−1.0%Reduced
Patient Capital Management, LLC654,121$73.1M2.82%−12,394−1.9%Reduced
Federated Hermes, Inc.624,820$69.9M0.12%−32,385−4.9%Reduced
Quantinno Capital Management LP614,367$68.7M0.14%+217,625+54.9%Added
Franklin Resources Inc572,182$64.0M0.02%−130,471−18.6%Reduced
Skandinaviska Enskilda Banken AB (publ)566,532$63.4M0.25%+517,815+1,062.9%Added
Susquehanna International Group, LLP555,017$62.1M0.09%−473,757−46.1%Reduced
Rhumbline Advisers543,027$60.7M0.05%+1,204+0.2%Added
Glenview Capital Management, LLC511,281$57.2M1.22%−70,728−12.2%Reduced
KBC Group NV485,001$54.2M0.12%+2,040+0.4%Added
Citigroup Inc477,305$53.4M0.04%+48,521+11.3%Added
Appaloosa LPSuperinvestorAppaloosa465,000$52.0M0.76%+2,500+0.5%Added
Wells Fargo & Company460,988$51.5M0.01%+11,448+2.5%Added
Schonfeld Strategic Advisors LLC457,972$51.2M0.26%+399,652+685.3%Added
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.447,645$50.6M0.03%+28,927+6.9%Added
Squarepoint Ops LLC430,160$48.1M0.10%+307,782+251.5%Added
Allspring Global Investments Holdings, LLC421,000$47.6M0.08%+13,978+3.4%Added
Hudson Bay Capital Management LP419,169$46.9M0.27%−6,454−1.5%Reduced
Khrom Capital Management LLC418,280$46.8M4.86%+135,505+47.9%Added
Palestra Capital Management LLC412,889$46.2M1.64%+412,889New
Electron Capital Partners, LLC391,337$43.8M2.03%−197,652−33.6%Reduced
BNP Paribas Arbitrage, SA390,668$43.7M0.03%+141,517+56.8%Added
Douglas Lane & Associates, LLC385,397$43.1M0.59%−19,589−4.8%Reduced
BWCP, LP379,911$42.5M7.05%−15,334−3.9%Reduced
Voloridge Investment Management, LLC379,065$42.4M0.15%+355,967+1,541.1%Added
SEI Investments Co376,587$42.1M0.04%−62,526−14.2%Reduced
Royal Bank of Canada376,536$42.1M0.01%−546,331−59.2%Reduced
Victory Capital Management Inc369,193$41.3M0.02%+58,364+18.8%Added
Assenagon Asset Management S.A.367,104$41.0M0.06%−595,914−61.9%Reduced
Principal Financial Group Inc359,837$40.2M0.02%+8,659+2.5%Added
Duquesne Family Office LLCSuperinvestorDuquesne Family Office348,400$39.0M0.92%+348,400New
Walleye Capital LLC342,418$38.3M0.22%+51,356+17.6%Added
Engineers Gate Manager LP336,906$37.7M0.45%+270,246+405.4%Added
New York State Teachers Retirement System312,733$35.0M0.07%−4,387−1.4%Reduced
Quadrature Capital Ltd305,389$34.1M0.35%+305,389New
D. E. Shaw & Co., Inc.296,557$33.2M0.03%+231,223+353.9%Added
Mercer Global Advisors Inc287,550$32.2M0.05%−12,041−4.0%Reduced
Owl Creek Asset Management, L.P.284,195$31.8M3.83%+44,083+18.4%Added
Teachers Retirement System of the State of Kentucky282,583$31.6M0.24%−36,510−11.4%Reduced