Wheels Up
74 hedge funds and large institutions have $159M invested in Wheels Up in 2021 Q1 according to their latest regulatory filings, with 63 funds opening new positions, increasing their positions, 10 reducing their positions, and 29 closing their positions.
117% more first-time investments, than exits
New positions opened: 63 | Existing positions closed: 29
85% more funds holding
Funds holding: 40 → 74 (+34)
7% more capital invested
Capital invested by funds: $148M → $159M (+$10.9M)
0.02% more ownership
Funds ownership: 0.31% → 0.33% (+0.02%)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Artisan Partners
Milwaukee,
Wisconsin
|
+$22.8M |
| 2 |
WCM
Woodson Capital Management
Greenwich,
Connecticut
|
+$15.8M |
| 3 |
TCM
TimesSquare Capital Management
New York
|
+$13.7M |
| 4 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$7.98M |
| 5 |
EPC
Emerson Point Capital
Larchmont,
New York
|
+$7.61M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIA
RP Investment Advisors
Toronto,
Ontario, Canada
|
-$13.5M |
| 2 |
JGC
J. Goldman & Co
New York
|
-$12.4M |
| 3 |
LA
Linden Advisors
New York
|
-$9.97M |
| 4 |
FTCM
Fir Tree Capital Management
New York
|
-$9.24M |
| 5 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$8.89M |
UP Hedge Fund Activity: Q1 2021 in Review
74 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in Wheels Up (UP) for Q1 2021, worth a combined $159M — up 7.3% from $148M a quarter earlier.
Buyers outnumbered sellers: 63 funds opened new UP positions and 29 closed out — a net gain of 34 holders — while 0 added to existing stakes and 10 trimmed.
The largest buyer was Artisan Partners, opening a new position worth an estimated $22.8M. The largest seller was RP Investment Advisors, exiting entirely with an estimated $13.5M sold.
- 74 institutional investors held Wheels Up (UP) as of Q1 2021, up from 40 in Q4 2020.
- Funds reported $159M of Wheels Up stock for Q1 2021, up 7.3% quarter-over-quarter.
- 63 funds opened new Wheels Up positions in Q1 2021 and 29 closed out, a net change of +34 holders.
- The largest Wheels Up buyer in Q1 2021 was Artisan Partners, an estimated $22.8M added.
- The largest Wheels Up seller in Q1 2021 was RP Investment Advisors, an estimated $13.5M sold.
Based on aggregated 13F filings for Q1 2021.