Wheels Up
202 hedge funds and large institutions have $125M invested in Wheels Up in 2022 Q4 according to their latest regulatory filings, with 39 funds opening new positions, 46 increasing their positions, 45 reducing their positions, and 33 closing their positions.
748% more call options, than puts
Call options by funds: $568K | Put options by funds: $67K
18% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 33
2% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 45
0% more funds holding
Funds holding: 201 → 202 (+1)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.01% less ownership
Funds ownership: 0.26% → 0.24% (-0.01%)
15% less capital invested
Capital invested by funds: $146M → $125M (-$21.6M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JFG
Jefferies Financial Group
New York
|
+$2.07M |
| 2 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$1.85M |
| 3 |
SIG
Stonegate Investment Group
Birmingham,
Alabama
|
+$996K |
| 4 |
First Eagle Investment Management
New York
|
+$594K |
| 5 |
Morgan Stanley
New York
|
+$415K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$5.44M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$2.87M |
| 3 |
State Street
Boston,
Massachusetts
|
-$2.37M |
| 4 |
Mariner
Overland Park,
Kansas
|
-$1.51M |
| 5 |
HRCM
Hawk Ridge Capital Management
Los Angeles,
California
|
-$851K |
UP Hedge Fund Activity: Q4 2022 in Review
202 of the 6,237 institutional investors tracked by Wall St. Rank reported a position in Wheels Up (UP) for Q4 2022, worth a combined $125M — down 15% from $146M a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new UP positions and 33 closed out — a net gain of 6 holders — while 46 added to existing stakes and 45 trimmed.
The largest buyer was Jefferies Financial Group, opening a new position worth an estimated $2.07M. The largest seller was Franklin Resources, cutting an estimated $5.44M.
- 202 institutional investors held Wheels Up (UP) as of Q4 2022, up from 201 in Q3 2022.
- Funds reported $125M of Wheels Up stock for Q4 2022, down 15% quarter-over-quarter.
- 39 funds opened new Wheels Up positions in Q4 2022 and 33 closed out, a net change of +6 holders.
- The largest Wheels Up buyer in Q4 2022 was Jefferies Financial Group, an estimated $2.07M added.
- The largest Wheels Up seller in Q4 2022 was Franklin Resources, an estimated $5.44M sold.
Based on aggregated 13F filings for Q4 2022.