Wheels Up
91 hedge funds and large institutions have $1.07B invested in Wheels Up in 2024 Q2 according to their latest regulatory filings, with 28 funds opening new positions, 13 increasing their positions, 16 reducing their positions, and 34 closing their positions.
0.03% more ownership
Funds ownership: 4.32% → 4.35% (+0.03%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
6% less funds holding
Funds holding: 97 → 91 (-6)
18% less first-time investments, than exits
New positions opened: 28 | Existing positions closed: 34
19% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 16
33% less capital invested
Capital invested by funds: $1.61B → $1.07B (-$540M)
53% less call options, than puts
Call options by funds: $535K | Put options by funds: $1.13M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$10.2M |
| 2 |
Geode Capital Management
Boston,
Massachusetts
|
+$2.52M |
| 3 |
State Street
Boston,
Massachusetts
|
+$2.08M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.44M |
| 5 |
Bank of New York Mellon
New York
|
+$591K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$3.07M |
| 2 |
Marshall Wace
London,
United Kingdom
|
-$2.86M |
| 3 |
Goldman Sachs
New York
|
-$1.36M |
| 4 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
-$785K |
| 5 |
Barclays
London,
United Kingdom
|
-$387K |
UP Hedge Fund Activity: Q2 2024 in Review
91 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in Wheels Up (UP) for Q2 2024, worth a combined $1.07B — down 33% from $1.61B a quarter earlier.
Sellers outnumbered buyers: 34 funds closed out of UP and 28 opened new positions — a net loss of 6 holders — while 16 trimmed existing stakes and 13 added.
The largest buyer was BlackRock, adding an estimated $10.2M. The largest seller was Millennium Management, exiting entirely with an estimated $3.07M sold.
- 91 institutional investors held Wheels Up (UP) as of Q2 2024, down from 97 in Q1 2024.
- Funds reported $1.07B of Wheels Up stock for Q2 2024, down 33% quarter-over-quarter.
- 28 funds opened new Wheels Up positions in Q2 2024 and 34 closed out, a net change of -6 holders.
- The largest Wheels Up buyer in Q2 2024 was BlackRock, an estimated $10.2M added.
- The largest Wheels Up seller in Q2 2024 was Millennium Management, an estimated $3.07M sold.
Based on aggregated 13F filings for Q2 2024.