BWCP, LP: UNITED AIRLS HLDGS INC (UAL): Quarterly 13F Position History
As of Q1 2026, BWCP, LP reported 452,873 shares of UNITED AIRLS HLDGS INC (UAL), worth $41.7M and representing 6.4% of its 13F equity book. Quarter-over-quarter share count change: + 72,962 (+19.2%) . The position first appeared in Q4 2024 and has been disclosed across 6 13F-HR filings in Pactolio's tracked window.
- 452,873Shares Held (Latest Filing)
- $41.7MReported Market Value (Latest Filing)
- 6.4%Portfolio Weight (% of 13F Equity Book)
- +72,962Quarter-over-Quarter Share Change
- -$785.6KQuarter-over-Quarter Value Change
- 452,873Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 6 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| 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, not 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 6 reported quarters within Pactolio's tracked window.
What was BWCP, LP's most recent quarter-over-quarter share-count change in UAL?
Between Q4 2025 and Q1 2026, BWCP, LP added 72,962 shares of UAL (+19.2%), bringing the total reported position to 452,873 shares at a market value of $41.7M.
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.