Who owns UALWhat UAL owns

What United Airlines Holdings, Inc. owns

The company's own 13F portfolio · as of 2026-06-30 · long US-listed stakes only — private holdings, bonds and cash are not disclosable on a 13F

$385.2M

disclosed stock portfolio

positions

57.2%

in RJET

Positions, as of 2026-06-30

ordered by filed value · % of book = share of the disclosed stock portfolio · PUT/CALL tags = options positions (share-equivalents), not shares held

#	Issuer	Shares	Value	% of book
1	RJETREPUBLIC AWYS HLDGS INC	10.5M	$220.4M	57.2%
2	AZULAZUL S A	15.9M	$143.1M	37.2%
3	ACHRARCHER AVIATION INC	3.2M	$15.0M	3.9%
4	EVEXEVE HLDG INC	2.7M	$6.7M	1.7%

Source: SEC Form 13F-HR filed by United Airlines Holdings, Inc. (CIK 100517), reporting period 2026-06-30. Values are quarter-end filed marks. Research, not investment advice.