Vault-13

WHEELS UP EXPERIENCE INC

COM CL A · Common Stock · CUSIP 96328L205

0 institutional holders -97 vs Q1 2026
—reported value*
0 new 0 added 0 reduced 95 sold out net sold ≈ $293.5m (-577.6m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable.

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

050100150Q2 23: 85Q3 23: 76Q4 23: 87Q1 24: 96Q2 24: 90Q3 24: 109Q4 24: 109Q1 25: 118Q2 25: 119Q3 25: 113Q4 25: 91Q1 26: 97Q2 26: 00Q2 23Q1 24Q4 24Q3 25Q2 26
Numbers
QuarterHolders
Q2 202385
Q3 202376
Q4 202387
Q1 202496
Q2 202490
Q3 2024109
Q4 2024109
Q1 2025118
Q2 2025119
Q3 2025113
Q4 202591
Q1 202697
Q2 20260

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
1000100Q3 24: 51 bought or addedQ3 24: 30 cut or sold outQ4 24: 41 bought or addedQ4 24: 48 cut or sold outQ4 24Q1 25: 42 bought or addedQ1 25: 43 cut or sold outQ2 25: 58 bought or addedQ2 25: 61 cut or sold outQ2 25Q3 25: 43 bought or addedQ3 25: 62 cut or sold outQ4 25: 33 bought or addedQ4 25: 61 cut or sold outQ4 25Q1 26: 39 bought or addedQ1 26: 39 cut or sold outQ2 26: 0 bought or addedQ2 26: 95 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 20245130
Q4 20244148
Q1 20254243
Q2 20255861
Q3 20254362
Q4 20253361
Q1 20263939
Q2 2026095

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$1m$2m$3mQ3 25 calls: $2.6mQ3 25 puts: $2.0mQ3 25P/C 0.76Q4 25 calls: $903.0kQ4 25 puts: $395.2kQ4 25P/C 0.44Q1 26 calls: $651.4kQ1 26 puts: $492.5kQ1 26P/C 0.76Q2 26 calls: $0Q2 26 puts: $0Q2 26P/C —
Numbers
QuarterCallsPutsP/C
Q3 2025$2.6m$2.0m0.76
Q4 2025$903.0k$395.2k0.44
Q1 2026$651.4k$492.5k0.76
Q2 2026$0$0—

Biggest buyers

None

Biggest sellers

DELTA AIR LINES, INC. Sold out -263,369,307-263.4m
Knighthead Capital Management, LLC Sold out -258,169,208-258.2m
WHITEBOX ADVISORS LLC Sold out -23,832,927-23.8m
Kore Advisors LP Sold out -15,194,884-15.2m
MASTERS CAPITAL MANAGEMENT LLC Sold out -4,000,000-4.0m
VANGUARD CAPITAL MANAGEMENT LLC Sold out -3,235,890-3.2m
BlackRock, Inc. Sold out -1,290,958-1.3m
Inspire Investing, LLC Sold out -1,114,326-1.1m
UBS Group AG Sold out -1,054,525-1.1m
GEODE CAPITAL MANAGEMENT, LLC Sold out -1,040,722-1.0m

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

No one currently above 5% in the filings since 19 Dec 2024.

Fell to 5% or below in the last year: WHITEBOX ADVISORS LLC (3.9%, 2025-11-14), Kore Advisors LP (2.4%, 2025-11-14)

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change