Wheels Up
109 hedge funds and large institutions have $956M invested in Wheels Up in 2024 Q4 according to their latest regulatory filings, with 19 funds opening new positions, 27 increasing their positions, 29 reducing their positions, and 18 closing their positions.
38% more call options, than puts
Call options by funds: $331K | Put options by funds: $239K
6% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 18
0% more funds holding
Funds holding: 109 → 109 (0)
0.02% less ownership
Funds ownership: 4.38% → 4.36% (-0.02%)
7% less repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 29
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
43% less capital invested
Capital invested by funds: $1.67B → $956M (-$712M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
+$1.61M |
| 2 |
State Street
Boston,
Massachusetts
|
+$718K |
| 3 |
Corient Private Wealth
Miami,
Florida
|
+$433K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$334K |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
+$254K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WA
Whitebox Advisors
Minneapolis,
Minnesota
|
-$5.58M |
| 2 |
KA
Kore Advisors
Boynton Beach,
Florida
|
-$3.33M |
| 3 |
ECM
ExodusPoint Capital Management
New York
|
-$963K |
| 4 |
Nuveen
Charlotte,
North Carolina
|
-$227K |
| 5 |
Jane Street
New York
|
-$213K |
UP Hedge Fund Activity: Q4 2024 in Review
109 of the 7,606 institutional investors tracked by Wall St. Rank reported a position in Wheels Up (UP) for Q4 2024, worth a combined $956M — down 43% from $1.67B a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new UP positions and 18 closed out — a net gain of 1 holder — while 27 added to existing stakes and 29 trimmed.
The largest buyer was First Trust Advisors, opening a new position worth an estimated $1.61M. The largest seller was Whitebox Advisors, cutting an estimated $5.58M.
- 109 institutional investors held Wheels Up (UP) as of Q4 2024, unchanged from Q3 2024.
- Funds reported $956M of Wheels Up stock for Q4 2024, down 43% quarter-over-quarter.
- 19 funds opened new Wheels Up positions in Q4 2024 and 18 closed out, a net change of +1 holder.
- The largest Wheels Up buyer in Q4 2024 was First Trust Advisors, an estimated $1.61M added.
- The largest Wheels Up seller in Q4 2024 was Whitebox Advisors, an estimated $5.58M sold.
Based on aggregated 13F filings for Q4 2024.