BWCP, LP: UNITED AIRLS HLDGS INC (UAL): Quarterly 13F Position History
As of Q2 2026, BWCP, LP reported 431,744 shares of UNITED AIRLS HLDGS INC (UAL), worth $58.7M and representing 8.4% of its 13F equity book. Quarter-over-quarter share count change: 21,129 (-4.7%) . The position first appeared in Q4 2024 and has been disclosed across 7 13F-HR filings in Pactolio's tracked window.
- 431,744Shares Held (Latest Filing)
- $58.7MReported Market Value (Latest Filing)
- 8.4%Portfolio Weight (% of 13F Equity Book)
- 21,129Quarter-over-Quarter Share Change
- +$17.0MQuarter-over-Quarter Value Change
- 452,873Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 7 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q2 2026 | 431,744 | 21,129 | -4.7% | $58.7M | 8.4% | $136.0 |
| Q1 2026 | 452,873 | +72,962 | +19.2% | $41.7M | 6.4% | $92.1 |
| Q4 2025 | 379,911 | 15,334 | -3.9% | $42.5M | 7.0% | $111.8 |
| Q3 2025 | 395,245 | +28,415 | +7.7% | $38.1M | 6.6% | $96.5 |
| Q2 2025 | 366,830 | +10,607 | +3.0% | $29.2M | 4.8% | $79.6 |
| Q1 2025 | 356,223 | +42,833 | +13.7% | $24.6M | 5.0% | $69.0 |
| Q4 2024 | 313,390 | – | – | $30.4M | 6.5% | $97.1 |
Methodology & FAQ
How This Position History Is Sourced
Each row is one SEC Form 13F-HR filing disclosing this position. Share count, market value, and reported quarter are taken verbatim from the filing; portfolio weight is recomputed against the same filing's total reported equity book. Implied price-per-share is market value divided by shares, a quarter-end mark rather than the manager's cost basis. See the full methodology document for the normalization rules.
When did BWCP, LP first disclose a UAL position in 13F-HR filings?
BWCP, LP first reported UNITED AIRLS HLDGS INC (UAL) on its 13F-HR filing for the period ending 2024-12-31 (Q4 2024). The position has appeared on 7 reported quarters within Pactolio's tracked window.
What was BWCP, LP's most recent quarter-over-quarter share-count change in UAL?
Between Q1 2026 and Q2 2026, BWCP, LP reduced its UAL position by 21,129 shares (-4.7%), leaving 431,744 shares at a market value of $58.7M.
Does the implied price-per-share represent BWCP, LP's cost basis in UAL?
No. The implied price-per-share column is the 13F-HR reported market value divided by reported share count on the filing date (end of quarter). It is a quarter-end mark, not a cost basis or transaction price. Use it as a sanity check on the value column, not as an indicator of the manager's entry or exit price.