Spirit Airlines, Inc.
SAVE
SAVE was delisted on the 15th of November, 2024.
255 hedge funds and large institutions have $3.21B invested in Spirit Airlines, Inc. in 2016 Q1 according to their latest regulatory filings, with 60 funds opening new positions, 97 increasing their positions, 78 reducing their positions, and 46 closing their positions.
81% more call options, than puts
Call options by funds: $27.7M | Put options by funds: $15.3M
30% more first-time investments, than exits
New positions opened: 60 | Existing positions closed: 46
24% more repeat investments, than reductions
Existing positions increased: 97 | Existing positions reduced: 78
19% more capital invested
Capital invested by funds: $2.7B → $3.21B (+$510M)
5% more funds holding
Funds holding: 244 → 255 (+11)
36% less funds holding in top 10
Funds holding in top 10: 11 → 7 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$61.8M |
| 2 |
RIM
RS Investment Management
San Francisco,
California
|
+$30.9M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$27.8M |
| 4 |
Jennison Associates
New York
|
+$27.7M |
| 5 |
Franklin Resources
San Mateo,
California
|
+$26.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Hirzel Capital Management
Dallas,
Texas
|
-$45M |
| 2 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
-$43.8M |
| 3 |
IP
Interval Partners
New York
|
-$35.3M |
| 4 |
PC
Passport Capital
San Francisco,
California
|
-$26.2M |
| 5 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$23.1M |
SAVE Hedge Fund Activity: Q1 2016 in Review
255 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Spirit Airlines, Inc. (SAVE) for Q1 2016, worth a combined $3.21B — up 19% from $2.7B a quarter earlier.
Buyers outnumbered sellers: 60 funds opened new SAVE positions and 46 closed out — a net gain of 14 holders — while 97 added to existing stakes and 78 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $61.8M. The largest seller was Hirzel Capital Management, cutting an estimated $45M.
- 255 institutional investors held Spirit Airlines, Inc. (SAVE) as of Q1 2016, up from 244 in Q4 2015.
- Funds reported $3.21B of Spirit Airlines, Inc. stock for Q1 2016, up 19% quarter-over-quarter.
- 60 funds opened new Spirit Airlines, Inc. positions in Q1 2016 and 46 closed out, a net change of +14 holders.
- The largest Spirit Airlines, Inc. buyer in Q1 2016 was Wellington Management Group, an estimated $61.8M added.
- The largest Spirit Airlines, Inc. seller in Q1 2016 was Hirzel Capital Management, an estimated $45M sold.
Based on aggregated 13F filings for Q1 2016.