UNITED AIRLS HLDGS INC

Ticker: UAL CUSIP: 910047109 Class: COM

CAPSTONE INVESTMENT ADVISORS, LLC's Holding History (CIK: 0001426196)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 18,493 Value ($000) $2,068 Avg Close $101.05 Range $88.55 - $116.32

Q3 2025

Shares 40,073 Value ($000) $3,867 Avg Close $96.17 Range $78.33 - $110.66

Q2 2025

Shares 127,452 Value ($000) $10,149 Avg Close $73.67 Range $52.00 - $85.80

Q1 2025

Shares 47,836 Value ($000) $3,303 Avg Close $94.43 Range $64.11 - $116.00

Q4 2024

Shares 6,468 Value ($000) $628 Avg Close $84.54 Range $54.64 - $105.09

Q2 2024

Shares 7,522 Value ($000) $366 Avg Close $50.33 Range $40.10 - $56.18

Q1 2024

Shares 35,871 Value ($000) $1,718 Avg Close $42.85 Range $37.68 - $48.00

Q4 2023

Shares 21,067 Value ($000) $869 Avg Close $39.32 Range $33.68 - $43.87

Q3 2023

Shares 21,462 Value ($000) $908 Avg Close $50.56 Range $41.62 - $58.23

Q2 2023

Shares 898 Value ($000) $49 Avg Close $47.22 Range $41.05 - $56.97

Q1 2023

Shares 10,131 Value ($000) $448 Avg Close $47.92 Range $36.82 - $55.04

Q4 2022

Shares 31,456 Value ($000) $1,186 Avg Close $40.58 Range $31.58 - $45.97

Q3 2022

Shares 33,438 Value ($000) $1,088 Avg Close $37.20 Range $31.80 - $41.97

Q2 2022

Shares 26,069 Value ($000) $923 Avg Close $43.89 Range $33.73 - $53.12

Q1 2022

Shares 25,568 Value ($000) $1,185 Avg Close $43.35 Range $30.54 - $50.94

Q4 2021

Shares 132,775 Value ($000) $5,813 Avg Close $46.38 Range $38.88 - $54.52

Q3 2021

Shares 45,059 Value ($000) $2,143 Avg Close $47.12 Range $42.56 - $53.76

Q2 2021

Shares 27,578 Value ($000) $1,442 Avg Close $55.46 Range $48.90 - $61.34

Q4 2020

Shares 10,265 Value ($000) $444 Avg Close $40.45 Range $32.16 - $51.31

Q3 2020

Shares 4,959 Value ($000) $172 Avg Close $34.59 Range $29.23 - $39.86

Q1 2020

Shares 16,124 Value ($000) $509 Avg Close $66.12 Range $17.80 - $90.57

Q4 2019

Shares 10,441 Value ($000) $920 Avg Close $89.75 Range $80.87 - $95.16

Q2 2019

Shares 3,807 Value ($000) $333 Avg Close $84.63 Range $77.35 - $90.16

Q1 2019

Shares 5,091 Value ($000) $406 Avg Close $84.40 Range $77.02 - $90.93

Q3 2018

Shares 34,205 Value ($000) $3,046 Avg Close $82.48 Range $67.94 - $91.39

Q2 2018

Shares 20,600 Value ($000) $1,436 Avg Close $69.49 Range $64.80 - $75.53

Q1 2018

Shares 52,600 Value ($000) $3,654 Avg Close $69.09 Range $60.44 - $79.00

Q3 2017

Shares 6,900 Value ($000) $420 Avg Close $66.62 Range $57.34 - $81.39

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	18,493	$2,068	$101.05	$88.55 - $116.32
Q3 2025	40,073	$3,867	$96.17	$78.33 - $110.66
Q2 2025	127,452	$10,149	$73.67	$52.00 - $85.80
Q1 2025	47,836	$3,303	$94.43	$64.11 - $116.00
Q4 2024	6,468	$628	$84.54	$54.64 - $105.09
Q2 2024	7,522	$366	$50.33	$40.10 - $56.18
Q1 2024	35,871	$1,718	$42.85	$37.68 - $48.00
Q4 2023	21,067	$869	$39.32	$33.68 - $43.87
Q3 2023	21,462	$908	$50.56	$41.62 - $58.23
Q2 2023	898	$49	$47.22	$41.05 - $56.97
Q1 2023	10,131	$448	$47.92	$36.82 - $55.04
Q4 2022	31,456	$1,186	$40.58	$31.58 - $45.97
Q3 2022	33,438	$1,088	$37.20	$31.80 - $41.97
Q2 2022	26,069	$923	$43.89	$33.73 - $53.12
Q1 2022	25,568	$1,185	$43.35	$30.54 - $50.94
Q4 2021	132,775	$5,813	$46.38	$38.88 - $54.52
Q3 2021	45,059	$2,143	$47.12	$42.56 - $53.76
Q2 2021	27,578	$1,442	$55.46	$48.90 - $61.34
Q4 2020	10,265	$444	$40.45	$32.16 - $51.31
Q3 2020	4,959	$172	$34.59	$29.23 - $39.86
Q1 2020	16,124	$509	$66.12	$17.80 - $90.57
Q4 2019	10,441	$920	$89.75	$80.87 - $95.16
Q2 2019	3,807	$333	$84.63	$77.35 - $90.16
Q1 2019	5,091	$406	$84.40	$77.02 - $90.93
Q3 2018	34,205	$3,046	$82.48	$67.94 - $91.39
Q2 2018	20,600	$1,436	$69.49	$64.80 - $75.53
Q1 2018	52,600	$3,654	$69.09	$60.44 - $79.00
Q3 2017	6,900	$420	$66.62	$57.34 - $81.39