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UP.WS

Wheels Up Experience Inc. Redeemable Warrants, each warrant exercisable for 1/10th of a share of Common Stock at an exercise price of $115.00 per whole share of Common Stock

Delisted

UP.WS was delisted on the 23rd of June, 2023.

18 hedge funds and large institutions have $1.95M invested in Wheels Up Experience Inc. Redeemable Warrants, each warrant exercisable for 1/10th of a share of Common Stock at an exercise price of $115.00 per whole share of Common Stock in 2022 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 2 increasing their positions, 3 reducing their positions, and 1 closing their positions.

New
Increased
Maintained
Reduced
Closed

400% more first-time investments, than exits

New positions opened: 5 | Existing positions closed: 1

20% more funds holding

Funds holding: 1518 (+3)

10% less capital invested

Capital invested by funds: $2.17M → $1.95M (-$218K)

33% less repeat investments, than reductions

Existing positions increased: 2 | Existing positions reduced: 3

Holders
18
Holders Change
+3
Holders Change %
+20%
% of All Funds
0.29%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
5
Increased
2
Reduced
3
Closed
1
Calls
$10K
Puts
Net Calls
+$10K
Net Calls Change
-$191K
Name Holding Trade Value Shares
Change
Change in
Stake
LP
1
LMR Partners
United Kingdom
$1.76M +$30.9K +269,767 +19%
ICM
2
Ionic Capital Management
New York
$79.6K
CCA
3
Castle Creek Arbitrage
Colorado
$40.8K
PFM
4
Privium Fund Management
Netherlands
$16.2K -$6.02K -52,546 -16%
CL
5
CSS LLC
Illinois
$13.1K +$25K +217,974 New
WAM
6
Weiss Asset Management
Massachusetts
$10.8K
Jane Street
7
Jane Street
New York
$6.2K +$205 +1,790 +2%
TCM
8
Tenor Capital Management
New York
$6K
JFG
9
Jefferies Financial Group
New York
$6K +$11.4K +100,000 New
D.E. Shaw & Co
10
D.E. Shaw & Co
New York
$3.03K -$1.91K -16,701 -25%
AC
11
Aristides Capital
Kentucky
$2.1K
CC
12
Cannell & Co
New York
$1.44K
VI
13
Vestcor Inc
New Brunswick, Canada
$1K
OMC
14
Old Mission Capital
Illinois
$771 +$1.47K +12,854 New
UBS Group
15
UBS Group
Switzerland
$4 +$8 +70 New
MVP
16
Miller Value Partners
Florida
-$39K -250,000 Closed
HF
17
HRT Financial
New York
-$1.59K -13,893 -49%
CS
18
Clear Street
New York
+$11 +100 New

UP.WS Hedge Fund Activity: Q4 2022 in Review

18 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Wheels Up Experience Inc. Redeemable Warrants, each warrant exercisable for 1/10th of a share of Common Stock at an exercise price of $115.00 per whole share of Common Stock (UP.WS) for Q4 2022, worth a combined $1.95M — down 10% from $2.17M a quarter earlier.

Buyers outnumbered sellers: 5 funds opened new UP.WS positions and 1 closed out — a net gain of 4 holders — while 2 added to existing stakes and 3 trimmed.

The largest buyer was LMR Partners, adding an estimated $30.9K. The largest seller was Miller Value Partners, exiting entirely with an estimated $39K sold.

  • 18 institutional investors held Wheels Up Experience Inc. Redeemable Warrants, each warrant exercisable for 1/10th of a share of Common Stock at an exercise price of $115.00 per whole share of Common Stock (UP.WS) as of Q4 2022, up from 15 in Q3 2022.
  • Funds reported $1.95M of Wheels Up Experience Inc. Redeemable Warrants, each warrant exercisable for 1/10th of a share of Common Stock at an exercise price of $115.00 per whole share of Common Stock stock for Q4 2022, down 10% quarter-over-quarter.
  • 5 funds opened new Wheels Up Experience Inc. Redeemable Warrants, each warrant exercisable for 1/10th of a share of Common Stock at an exercise price of $115.00 per whole share of Common Stock positions in Q4 2022 and 1 closed out, a net change of +4 holders.
  • The largest Wheels Up Experience Inc. Redeemable Warrants, each warrant exercisable for 1/10th of a share of Common Stock at an exercise price of $115.00 per whole share of Common Stock buyer in Q4 2022 was LMR Partners, an estimated $30.9K added.
  • The largest Wheels Up Experience Inc. Redeemable Warrants, each warrant exercisable for 1/10th of a share of Common Stock at an exercise price of $115.00 per whole share of Common Stock seller in Q4 2022 was Miller Value Partners, an estimated $39K sold.

Based on aggregated 13F filings for Q4 2022.