Knighthead Capital Management, LLC: WHEELS UP EXPERIENCE INC (2CH): Quarterly 13F Position History
As of Q1 2026, Knighthead Capital Management, LLC reported 258,169,208 shares of WHEELS UP EXPERIENCE INC (2CH), worth $133.3M and representing 13.5% of its 13F equity book. Quarter-over-quarter share count change: + 43,264 (+0.0%) . The position first appeared in Q3 2023 and has been disclosed across 6 13F-HR filings in Pactolio's tracked window.
- 258,169,208Shares Held (Latest Filing)
- $133.3MReported Market Value (Latest Filing)
- 13.5%Portfolio Weight (% of 13F Equity Book)
- +43,264Quarter-over-Quarter Share Change
- -$491.4MQuarter-over-Quarter Value Change
- 258,169,208Peak 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 | 258,169,208 | +43,264 | +0.0% | $133.3M | 13.5% | $0.5 |
| Q3 2024 | 258,125,944 | 0 | — | $624.8M | 32.5% | $2.4 |
| Q2 2024 | 258,125,944 | 43,264 | -0.0% | $487.9M | 41.3% | $1.9 |
| Q1 2024 | 258,169,208 | 0 | — | $740.9M | 33.4% | $2.9 |
| Q4 2023 | 258,169,208 | +197,616,381 | +326.4% | $885.5M | 31.3% | $3.4 |
| Q3 2023 | 60,552,827 | — | — | $125.3M | 5.1% | $2.1 |
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 Knighthead Capital Management, LLC first disclose a 2CH position in 13F-HR filings?
Knighthead Capital Management, LLC first reported WHEELS UP EXPERIENCE INC (2CH) on its 13F-HR filing for the period ending 2023-09-30 (Q3 2023). The position has appeared on 6 reported quarters within Pactolio's tracked window.
What was Knighthead Capital Management, LLC's most recent quarter-over-quarter share-count change in 2CH?
Between Q3 2024 and Q1 2026, Knighthead Capital Management, LLC added 43,264 shares of 2CH (+0.0%), bringing the total reported position to 258,169,208 shares at a market value of $133.3M.
Does the implied price-per-share represent Knighthead Capital Management, LLC's cost basis in 2CH?
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.