Wheels Up
74 hedge funds and large institutions have $178M invested in Wheels Up in 2021 Q2 according to their latest regulatory filings, with 27 funds opening new positions, 16 increasing their positions, 20 reducing their positions, and 26 closing their positions.
163% more call options, than puts
Call options by funds: $963K | Put options by funds: $366K
12% more capital invested
Capital invested by funds: $159M → $178M (+$18.7M)
4% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 26
0.04% more ownership
Funds ownership: 0.33% → 0.37% (+0.04%)
0% more funds holding
Funds holding: 74 → 74 (0)
20% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LA
Linden Advisors
New York
|
+$22.6M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$17.7M |
| 3 |
6CM
683 Capital Management
New York
|
+$10M |
| 4 |
DPRC
Deer Park Road Corp
Steamboat Springs,
Colorado
|
+$5.48M |
| 5 |
CAC
Cowen and Company
New York
|
+$3.89M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$21.6M |
| 2 |
EPC
Emerson Point Capital
Larchmont,
New York
|
-$7.23M |
| 3 |
SCA
Southpoint Capital Advisors
New York
|
-$5M |
| 4 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
-$4.34M |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$4.22M |
UP Hedge Fund Activity: Q2 2021 in Review
74 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in Wheels Up (UP) for Q2 2021, worth a combined $178M — up 12% from $159M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new UP positions and 26 closed out — a net gain of 1 holder — while 16 added to existing stakes and 20 trimmed.
The largest buyer was Linden Advisors, opening a new position worth an estimated $22.6M. The largest seller was Artisan Partners, exiting entirely with an estimated $21.6M sold.
- 74 institutional investors held Wheels Up (UP) as of Q2 2021, unchanged from Q1 2021.
- Funds reported $178M of Wheels Up stock for Q2 2021, up 12% quarter-over-quarter.
- 27 funds opened new Wheels Up positions in Q2 2021 and 26 closed out, a net change of +1 holder.
- The largest Wheels Up buyer in Q2 2021 was Linden Advisors, an estimated $22.6M added.
- The largest Wheels Up seller in Q2 2021 was Artisan Partners, an estimated $21.6M sold.
Based on aggregated 13F filings for Q2 2021.