United Airlines Holdings, Inc.

**United Airlines Holdings, Inc.** manages $177M across a concentrated portfolio of three positions. The fund exhibits a significant overweight to **RJET**, representing $142.3M, which constitutes approximately 80% of its current assets. Further allocations include **ACHR** at $23.8M and **EVEX** at $10.6M. This structure suggests a high conviction, sector-specific thesis centered on the aviation and related infrastructure markets.

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