Spirit Airlines, Inc.
SAVE
SAVE was delisted on the 15th of November, 2024.
216 hedge funds and large institutions have $3.51B invested in Spirit Airlines, Inc. in 2018 Q3 according to their latest regulatory filings, with 37 funds opening new positions, 54 increasing their positions, 90 reducing their positions, and 22 closing their positions.
68% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 22
30% more call options, than puts
Call options by funds: $24.6M | Put options by funds: $18.9M
21% more capital invested
Capital invested by funds: $2.89B → $3.51B (+$620M)
7% more funds holding
Funds holding: 201 → 216 (+15)
11% less funds holding in top 10
Funds holding in top 10: 9 → 8 (-1)
40% less repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 90
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$99.3M |
| 2 |
Capital International Investors
Los Angeles,
California
|
+$38.6M |
| 3 |
HAI
Hennessy Advisors Inc
Novato,
California
|
+$25.7M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$21.1M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$16.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS AM
Chicago,
Illinois
|
-$120M |
| 2 |
O
OppenheimerFunds
New York
|
-$47.1M |
| 3 |
Capital World Investors
Los Angeles,
California
|
-$38.6M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
-$32.5M |
| 5 |
Jennison Associates
New York
|
-$26.7M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MC
226
Menta Capital
San Francisco,
California
| – | -$502K | -13,800 | Closed |
|
|
AA
227
ALPS Advisors
Denver,
Colorado
| – | -$370K | -10,183 | Closed |
|
|
MVM
228
McClain Value Management
New Canaan,
Connecticut
| – | -$301K | -8,288 | Closed |
|
|
EMG
229
Ellington Management Group
Old Greenwich,
Connecticut
| – | -$236K | -6,500 | Closed |
|
230
Victory Capital Management
San Antonio,
Texas
| – | -$198K | -5,453 | Closed |
|
231
Parallax Volatility Advisers
San Francisco,
California
| – | -$55K | -1,503 | Closed |
|
|
PIA
232
Piedmont Investment Advisors
Durham,
North Carolina
| – | -$43K | -1,192 | Closed |
|
|
PCM
233
Prelude Capital Management
New York
| – | -$14K | -386 | Closed |
|
|
BCA
234
Bay Colony Advisors
Concord,
Massachusetts
| – | -$2K | -50 | Closed |
|
|
PMFA
235
Plante Moran Financial Advisors
Southfield,
Michigan
| – | -$1K | -38 | Closed |
|
|
TWA
236
TCI Wealth Advisors
Tucson,
Arizona
| – | -$530 | -12 | -63% |
|
|
WAP
237
Wealthcare Advisory Partners
West Chester,
Pennsylvania
| – | -$354 | -8 | -67% |
|
SAVE Hedge Fund Activity: Q3 2018 in Review
216 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Spirit Airlines, Inc. (SAVE) for Q3 2018, worth a combined $3.51B — up 21% from $2.89B a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new SAVE positions and 22 closed out — a net gain of 15 holders — while 54 added to existing stakes and 90 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $99.3M. The largest seller was UBS AM, cutting an estimated $120M.
- 216 institutional investors held Spirit Airlines, Inc. (SAVE) as of Q3 2018, up from 201 in Q2 2018.
- Funds reported $3.51B of Spirit Airlines, Inc. stock for Q3 2018, up 21% quarter-over-quarter.
- 37 funds opened new Spirit Airlines, Inc. positions in Q3 2018 and 22 closed out, a net change of +15 holders.
- The largest Spirit Airlines, Inc. buyer in Q3 2018 was Goldman Sachs, an estimated $99.3M added.
- The largest Spirit Airlines, Inc. seller in Q3 2018 was UBS AM, an estimated $120M sold.
Based on aggregated 13F filings for Q3 2018.