Wheels Up
201 hedge funds and large institutions have $146M invested in Wheels Up in 2022 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 45 increasing their positions, 44 reducing their positions, and 26 closing their positions.
277% more call options, than puts
Call options by funds: $702K | Put options by funds: $186K
2% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 44
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.02% less ownership
Funds ownership: 0.28% → 0.26% (-0.02%)
2% less funds holding
Funds holding: 205 → 201 (-4)
15% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 26
46% less capital invested
Capital invested by funds: $269M → $146M (-$123M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$4.36M |
| 2 |
Renaissance Technologies
New York
|
+$995K |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
+$843K |
| 4 |
GCM
Graham Capital Management
Rowayton,
Connecticut
|
+$571K |
| 5 |
Millennium Management
New York
|
+$513K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$11.7M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$7.33M |
| 3 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
-$2.27M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.77M |
| 5 |
State Street
Boston,
Massachusetts
|
-$1.6M |
UP Hedge Fund Activity: Q3 2022 in Review
201 of the 5,828 institutional investors tracked by Wall St. Rank reported a position in Wheels Up (UP) for Q3 2022, worth a combined $146M — down 46% from $269M a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of UP and 22 opened new positions — a net loss of 4 holders — while 44 trimmed existing stakes and 45 added.
The largest buyer was BlackRock, adding an estimated $4.36M. The largest seller was Fidelity Investments, cutting an estimated $11.7M.
- 201 institutional investors held Wheels Up (UP) as of Q3 2022, down from 205 in Q2 2022.
- Funds reported $146M of Wheels Up stock for Q3 2022, down 46% quarter-over-quarter.
- 22 funds opened new Wheels Up positions in Q3 2022 and 26 closed out, a net change of -4 holders.
- The largest Wheels Up buyer in Q3 2022 was BlackRock, an estimated $4.36M added.
- The largest Wheels Up seller in Q3 2022 was Fidelity Investments, an estimated $11.7M sold.
Based on aggregated 13F filings for Q3 2022.