UALNasdaqAir Transportation, ScheduledFiscal year ends December 31
United Airlines Holdings, Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Oct 21, 2026
$95.60−0.50 (-0.52%)
Close on Oct 19, 2026
- Market cap
- $31.22B
- P/E (TTM)
- 8.9
- Dividend yield
- –
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
89.7%
291M of 325M shares
Institutional holders
1,068
204 new, 100 sold out
Net institutional buying
7M
In Q2 2026
Insider trades, 12 months
0 buys · 14 sales
Net sold $53.42M
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| Vanguard Capital Management | 23,635,255 | 7.30% | 13G (passive) | Mar 31, 2026 |
| BlackRock, Inc. | 21,530,333 | 6.60% | 13G (passive) amendment | Dec 31, 2023 |
| FMR LLC | 16,417,563 | 5.00% | 13G (passive) | Dec 31, 2025 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of UAL | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| BlackRock, Inc. | 22,436,107 | 6.91% | $3.05B | +1,544,993 | 0.05% |
| Vanguard Capital Management LLC | 21,008,797 | 6.47% | $2.86B | +22,851 | 0.06% |
| FMR LLC | 19,473,813 | 6.00% | $2.65B | +2,453,195 | 0.11% |
| Primecap Management Co/Ca/ | 16,461,630 | 5.07% | $2.24B | +711,020 | 1.32% |
| Sanders Capital, LLC | 15,027,948 | 4.63% | $2.04B | −176,603 | 2.05% |
| Vanguard Portfolio Management LLC | 14,162,813 | 4.36% | $1.93B | +94,974 | 0.09% |
| State Street Corp | 11,788,111 | 3.63% | $1.60B | +162,283 | 0.05% |
| Capital World Investors | 11,353,742 | 3.50% | $1.54B | +241,131 | 0.18% |
| Geode Capital Management, LLC | 9,536,361 | 2.94% | $1.31B | +232,232 | 0.07% |
| Capital International Investors | 6,247,343 | 1.92% | $849.57M | −191,232 | 0.18% |
| Dimensional Fund Advisors LP | 5,385,982 | 1.66% | $732.44M | −278,556 | 0.13% |
| Par Capital Management Inc | 5,359,741 | 1.65% | $728.87M | +362,891 | 18.07% |
| Boston Partners | 4,379,941 | 1.35% | $591.36M | +862,907 | 0.53% |
| Citadel Advisors LLC | 4,331,239 | 1.33% | $589.01M | +236,448 | 0.07% |
| Morgan Stanley | 4,048,901 | 1.25% | $550.61M | −436,812 | 0.03% |
| JPMorgan Chase & Co | 3,620,362 | 1.12% | $489.44M | +1,438,545 | 0.03% |
| Invesco Ltd. | 3,481,627 | 1.07% | $473.47M | −442,560 | 0.04% |
| Goldman Sachs Group Inc | 3,445,226 | 1.06% | $468.52M | −1,319,106 | 0.04% |
| Slate Path Capital LP | 3,325,452 | 1.02% | $452.23M | +212,400 | 6.26% |
| Newport Trust Company, LLC | 3,141,879 | 0.97% | $427.26M | −78,011 | 1.03% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 1,068 | 291M | 89.7% | 204 / 368 | 343 / 100 | 31M | 24M |
| Q1 2026 | 978 | 284M | 87.5% | 139 / 413 | 278 / 164 | 67M | 36M |
| Q4 2025 | 1,020 | 291M | 89.7% | 211 / 376 | 296 / 83 | 28M | 28M |
| Q3 2025 | 914 | 291M | 89.8% | 152 / 341 | 289 / 93 | 33M | 24M |
| Q2 2025 | 866 | 283M | 87.1% | 142 / 336 | 267 / 109 | 29M | 34M |
| Q1 2025 | 847 | 288M | 88.7% | 171 / 321 | 238 / 165 | 45M | 44M |
| Q4 2024 | 858 | 288M | 88.7% | 276 / 246 | 231 / 60 | 50M | 33M |
| Q3 2024 | 653 | 271M | 83.5% | 85 / 201 | 240 / 96 | 55M | 25M |
| Q2 2024 | 670 | 259M | 79.8% | 113 / 198 | 210 / 75 | 36M | 37M |
| Q1 2024 | 636 | 260M | 80.2% | 103 / 211 | 194 / 91 | 49M | 22M |
| Q4 2023 | 630 | 233M | 71.8% | 100 / 184 | 225 / 85 | 27M | 25M |
| Q3 2023 | 622 | 231M | 71.2% | 75 / 190 | 212 / 93 | 19M | 20M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of UAL | Value | % of fund | As of |
|---|---|---|---|---|---|
| Growth Fund of America | 12,616,788 | 3.89% | $1.45B | 0.40% | May 31, 2026 |
| Vanguard Total Stock Market Index Fund | 10,305,622 | 3.18% | $1.40B | 0.06% | Jun 30, 2026 |
| Vanguard Primecap Fund | 8,904,603 | 2.74% | $1.21B | 1.26% | Jun 30, 2026 |
| Vanguard 500 Index Fund | 8,409,887 | 2.59% | $1.14B | 0.07% | Jun 30, 2026 |
| Vanguard Mid-Cap Index Fund | 7,034,476 | 2.17% | $956.62M | 0.43% | Jun 30, 2026 |
| iShares Core S&P 500 ETF | 4,465,517 | 1.38% | $607.27M | 0.07% | Jun 30, 2026 |
| Fidelity 500 Index Fund | 4,138,936 | 1.28% | $475.15M | 0.06% | May 31, 2026 |
| American Funds Fundamental Investors | 3,442,256 | 1.06% | $468.11M | 0.26% | Jun 30, 2026 |
| Fidelity Blue Chip Growth Fund | 3,164,568 | 0.97% | $383.96M | 0.39% | Jul 31, 2026 |
| Vanguard Capital Opportunity Fund | 3,119,243 | 0.96% | $424.19M | 1.30% | Jun 30, 2026 |
| Vanguard Value Index Fund | 3,088,350 | 0.95% | $419.98M | 0.17% | Jun 30, 2026 |
| Fidelity Growth Company Fund | 2,855,209 | 0.88% | $327.78M | 0.33% | May 31, 2026 |
| Vanguard Mid-Cap Value Index Fund | 2,085,172 | 0.64% | $283.56M | 0.76% | Jun 30, 2026 |
| Vanguard Windsor Ii Fund | 2,007,337 | 0.62% | $243.55M | 0.36% | Jul 31, 2026 |
| State Street(R) Industrial Select Sector SPDR(R) ETF | 1,912,992 | 0.59% | $260.15M | 0.77% | Jun 30, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| J. Scott Kirby | Chief Executive Officer, Director | 874,198 | 0.27% | Jul 28, 2026 |
| Andrew P. Nocella | EVP & Chief Commercial Officer | 214,955 | 0.07% | Aug 27, 2026 |
| Michael D. Leskinen | EVP & Chief Financial Officer | 48,936 | 0.02% | Aug 5, 2026 |
| Brett J. Hart | President | 364,122 | 0.11% | Jul 28, 2026 |
| Torbjorn J. Enqvist | EVP & Chief Operations Officer | 139,771 | 0.04% | Jul 28, 2026 |
| Kate Gebo | EVP HR and Labor Relations | 138,036 | 0.04% | Jul 28, 2026 |
| Brigitte Bokemeier | Vice President & Controller | 7,923 | 0.00% | Mar 6, 2026 |
| Linda P. Jojo | EVP & Chief Customer Officer | 63,599 | 0.02% | Nov 26, 2024 |
| Edward Shapiro | Director | 14,539,711 | 4.48% | Aug 21, 2026 |
| Matthew Friend | Director | 15 | 0.00% | Jul 2, 2026 |
| Laysha Ward | Director | – | – | Jul 2, 2026 |
| Walter Isaacson | Director | 7,707 | 0.00% | Jul 2, 2026 |
| Rosalind G. Brewer | Director | – | – | Jul 2, 2026 |
| Edward M. Philip | Director | 827 | 0.00% | May 22, 2026 |
| Michele J. Hooper | Director | 3,042 | 0.00% | May 22, 2026 |
| James M. Whitehurst | Director | 18,892 | 0.01% | May 22, 2026 |
| Barney Harford | Director | 91,000 | 0.03% | May 22, 2026 |
| Michelle Freyre | Director | 829 | 0.00% | May 22, 2026 |
| Brian Noyes | Director | – | – | Mar 25, 2025 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Andrew P. Nocella EVP & Chief Commercial Officer | Aug 25, 2026 | Sale | −5,000 | $117.00 | $585.00K | 214,955 |
| Edward Shapiro Director | Aug 19, 2026 | Gift | −50,000 | – | – | 150,000 |
| Andrew P. Nocella EVP & Chief Commercial Officer | Aug 4, 2026 | Sale | −3,000 | $132.30 | $396.90K | 219,955 |
| Michael D. Leskinen EVP & Chief Financial Officer | Aug 3, 2026 | Sale(10b5-1 plan) | −10,000 | $128.19 | $1.28M | 47,436 |
| Andrew P. Nocella EVP & Chief Commercial Officer | Jul 28, 2026 | Sale | −4,200 | $120.48 | $506.02K | 222,955 |
| Kate Gebo EVP HR and Labor Relations | Jul 28, 2026 | Gift | +4,968 | – | – | 69,018 |
| Kate Gebo EVP HR and Labor Relations | Jul 28, 2026 | Gift | −4,968 | – | – | 69,018 |
| Brett J. Hart President | Jul 28, 2026 | Gift | −7,461 | – | – | 364,122 |
| Brett J. Hart President | Jul 28, 2026 | Sale | −30,108 | $120.72 | $3.63M | 371,583 |
| Brett J. Hart President | Jul 27, 2026 | Tax withholding | −17,245 | $120.57 | $2.08M | 401,691 |
| Brett J. Hart President | Jul 27, 2026 | Option exercise | +21,521 | $77.56 | $1.67M | 418,936 |
| J. Scott Kirby Chief Executive Officer, Director | Jul 25, 2026 | Award | +71,347 | – | – | 869,198 |
| J. Scott Kirby Chief Executive Officer, Director | Jul 25, 2026 | Tax withholding | −28,076 | $118.27 | $3.32M | 841,122 |
| Andrew P. Nocella EVP & Chief Commercial Officer | Jul 25, 2026 | Award | +21,404 | – | – | 236,749 |
| Andrew P. Nocella EVP & Chief Commercial Officer | Jul 25, 2026 | Tax withholding | −9,594 | $118.27 | $1.13M | 227,155 |
| Kate Gebo EVP HR and Labor Relations | Jul 25, 2026 | Tax withholding | −7,901 | $118.27 | $934.45K | 73,986 |
| Kate Gebo EVP HR and Labor Relations | Jul 25, 2026 | Award | +17,837 | – | – | 81,887 |
| Torbjorn J. Enqvist EVP & Chief Operations Officer | Jul 25, 2026 | Award | +24,971 | – | – | 139,771 |
| Torbjorn J. Enqvist EVP & Chief Operations Officer | Jul 25, 2026 | Tax withholding | −9,825 | $118.27 | $1.16M | 129,946 |
| Michael D. Leskinen EVP & Chief Financial Officer | Jul 25, 2026 | Award | +17,837 | – | – | 65,337 |
| Michael D. Leskinen EVP & Chief Financial Officer | Jul 25, 2026 | Tax withholding | −7,901 | $118.27 | $934.45K | 57,436 |
| Brett J. Hart President | Jul 25, 2026 | Tax withholding | −20,543 | $118.27 | $2.43M | 397,415 |
| Brett J. Hart President | Jul 25, 2026 | Award | +46,375 | – | – | 417,958 |
| Torbjorn J. Enqvist EVP & Chief Operations Officer | Jul 24, 2026 | Sale | −20,000 | $119.91 | $2.40M | 114,800 |
| J. Scott Kirby Chief Executive Officer, Director | Jul 21, 2026 | Option exercise | +159,321 | $58.69 | $9.35M | 957,172 |
| J. Scott Kirby Chief Executive Officer, Director | Jul 21, 2026 | Sale | −159,321 | $118.05 | $18.81M | 797,851 |
| J. Scott Kirby Chief Executive Officer, Director | Jun 16, 2026 | Sale(10b5-1 plan) | −1,078 | $120.74 | $130.16K | 797,851 |
| J. Scott Kirby Chief Executive Officer, Director | Jun 15, 2026 | Sale(10b5-1 plan) | −48,303 | $121.30 | $5.86M | 798,929 |
| Kate Gebo EVP HR and Labor Relations | May 27, 2026 | Gift | +3,657 | – | – | 64,050 |
| Kate Gebo EVP HR and Labor Relations | May 27, 2026 | Gift | −3,657 | – | – | 64,050 |
| Kate Gebo EVP HR and Labor Relations | May 26, 2026 | Sale | −34,669 | $105.41 | $3.65M | 67,707 |
| Kate Gebo EVP HR and Labor Relations | May 26, 2026 | Sale | −5,331 | $105.51 | $562.47K | 60,393 |
| James M. Whitehurst Director | May 22, 2026 | Returned to company | −1,205 | $100.26 | $120.81K | 18,892 |
| James M. Whitehurst Director | May 22, 2026 | Option exercise | +2,410 | – | – | 20,097 |
| Andrew P. Nocella EVP & Chief Commercial Officer | May 1, 2026 | Sale | −7,000 | $90.19 | $631.33K | 215,345 |
| Torbjorn J. Enqvist EVP & Chief Operations Officer | Feb 28, 2026 | Tax withholding | −14,821 | $106.30 | $1.58M | 134,800 |
| Torbjorn J. Enqvist EVP & Chief Operations Officer | Feb 28, 2026 | Option exercise | +14,509 | – | – | 141,335 |
| Torbjorn J. Enqvist EVP & Chief Operations Officer | Feb 28, 2026 | Option exercise | +14,105 | – | – | 126,826 |
| Torbjorn J. Enqvist EVP & Chief Operations Officer | Feb 28, 2026 | Option exercise | +8,286 | – | – | 149,621 |
| Kate Gebo EVP HR and Labor Relations | Feb 28, 2026 | Option exercise | +1,370 | – | – | 67,756 |
| Kate Gebo EVP HR and Labor Relations | Feb 28, 2026 | Option exercise | +12,067 | – | – | 97,723 |
| Kate Gebo EVP HR and Labor Relations | Feb 28, 2026 | Option exercise | +11,849 | – | – | 109,572 |
| Kate Gebo EVP HR and Labor Relations | Feb 28, 2026 | Option exercise | +6,104 | – | – | 115,676 |
| Kate Gebo EVP HR and Labor Relations | Feb 28, 2026 | Tax withholding | −13,300 | $106.30 | $1.41M | 102,376 |
| Kate Gebo EVP HR and Labor Relations | Feb 28, 2026 | Option exercise | +1,894 | – | – | 64,526 |
| Kate Gebo EVP HR and Labor Relations | Feb 28, 2026 | Tax withholding | −2,032 | $106.30 | $216.00K | 65,724 |
| Kate Gebo EVP HR and Labor Relations | Feb 28, 2026 | Option exercise | +1,860 | – | – | 66,386 |
| Michael D. Leskinen EVP & Chief Financial Officer | Feb 28, 2026 | Option exercise | +6,395 | – | – | 58,142 |
| Michael D. Leskinen EVP & Chief Financial Officer | Feb 28, 2026 | Option exercise | +838 | – | – | 34,956 |
| Michael D. Leskinen EVP & Chief Financial Officer | Feb 28, 2026 | Option exercise | +6,212 | – | – | 41,168 |
| Michael D. Leskinen EVP & Chief Financial Officer | Feb 28, 2026 | Option exercise | +10,579 | – | – | 51,747 |
| Michael D. Leskinen EVP & Chief Financial Officer | Feb 28, 2026 | Tax withholding | −10,642 | $106.30 | $1.13M | 47,500 |
| Brett J. Hart President | Feb 28, 2026 | Option exercise | +31,142 | – | – | 388,514 |
| Brett J. Hart President | Feb 28, 2026 | Option exercise | +29,972 | – | – | 357,372 |
| Brett J. Hart President | Feb 28, 2026 | Option exercise | +18,210 | – | – | 406,724 |
| Brett J. Hart President | Feb 28, 2026 | Tax withholding | −35,141 | $106.30 | $3.74M | 371,583 |
| J. Scott Kirby Chief Executive Officer, Director | Feb 28, 2026 | Option exercise | +29,314 | – | – | 898,165 |
| J. Scott Kirby Chief Executive Officer, Director | Feb 28, 2026 | Tax withholding | −50,933 | $106.30 | $5.41M | 847,232 |
| J. Scott Kirby Chief Executive Officer, Director | Feb 28, 2026 | Option exercise | +50,560 | – | – | 868,851 |
| J. Scott Kirby Chief Executive Officer, Director | Feb 28, 2026 | Option exercise | +49,561 | – | – | 818,291 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Andrew P. Nocella Officer | Aug 25, 2026 | 5,000 | $585.00K | Aug 25, 2026 | Restricted Stock Vesting |
| Andrew P. Nocella Officer | Aug 4, 2026 | 3,000 | $396.90K | Aug 4, 2026 | Restricted Stock Vesting |
| Michael D. Leskinen Officer | Aug 3, 2026 | 10,000 | $1.25M | Aug 3, 2026 | Restricted Stock Vesting |
| Andrew P. Nocella Officer | Jul 28, 2026 | 4,200 | $506.00K | Jul 28, 2026 | Restricted Stock Vesting |
| Brett J. Hart Officer | Jul 28, 2026 | 30,108 | $3.63M | Jul 28, 2026 | Restricted Stock Vesting |
| Torbjorn J. Enqvist Officer | Jul 24, 2026 | 20,000 | $2.40M | Jul 24, 2026 | Restricted Stock Vesting |
| J. Scott Kirby Officer, Director | Jul 21, 2026 | 159,321 | $18.81M | Jul 21, 2026 | Stock Option Exercise |
| J. Scott Kirby Officer, Director | Jun 16, 2026 | 1,078 | $130.15K | Jun 16, 2026 | Restricted Stock Vesting |
| J. Scott Kirby Officer, Director | Jun 15, 2026 | 48,303 | $5.86M | Jun 15, 2026 | Restricted Stock Vesting |
| Kate Gebo Officer | May 26, 2026 | 34,669 | $3.65M | May 26, 2026 | Restricted Stock Vesting |
| Kate Gebo Member of immediate family of any of the foregoing | May 26, 2026 | 5,331 | $562.47K | May 26, 2026 | Restricted Stock Vesting |
| Kate Gebo Member of immediate family of any of the foregoing | May 26, 2026 | 5,331 | $562.47K | May 26, 2026 | Restricted Stock Vesting |
| Andrew P. Nocella Officer | May 1, 2026 | 7,000 | $631.33K | May 1, 2026 | Restricted Stock Vesting |
| Brett J. Hart Officer | Feb 2, 2026 | 19,000 | $2.02M | Feb 2, 2026 | Restricted Stock Vesting |
| J. Scott Kirby Officer, Director | Dec 3, 2025 | 120,000 | $12.94M | Dec 3, 2025 | Open Market Purchase |