Spirit Airlines, Inc.
SAVE
SAVE was delisted on the 15th of November, 2024.
219 hedge funds and large institutions have $1.34B invested in Spirit Airlines, Inc. in 2023 Q1 according to their latest regulatory filings, with 38 funds opening new positions, 65 increasing their positions, 66 reducing their positions, and 39 closing their positions.
40% more funds holding in top 10
Funds holding in top 10: 5 → 7 (+2)
1% more capital invested
Capital invested by funds: $1.33B → $1.34B (+$18.4M)
2% less repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 66
3% less first-time investments, than exits
New positions opened: 38 | Existing positions closed: 39
2% less funds holding
Funds holding: 223 → 219 (-4)
37% less call options, than puts
Call options by funds: $71.7M | Put options by funds: $114M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCP
Cyrus Capital Partners
New York
|
+$39.5M |
| 2 |
AA
Ancient Art
Austin,
Texas
|
+$32.2M |
| 3 |
SCM
Segantii Capital Management
Hong Kong
|
+$27.6M |
| 4 |
UOC
UBS O'Connor
Chicago,
Illinois
|
+$23.4M |
| 5 |
MC
MIG Capital
Newport Beach,
California
|
+$21.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Antara Capital
New York
|
-$22.1M |
| 2 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$19.5M |
| 3 |
UBS AM
Chicago,
Illinois
|
-$17.5M |
| 4 |
RA
Ramius Advisors
New York
|
-$6.95M |
| 5 |
VI
Versor Investments
New York
|
-$6.89M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LAM
251
Lakewood Asset Management
Naperville,
Illinois
| – | -$4K | -200 | Closed |
|
|
TWA
252
TCI Wealth Advisors
Tucson,
Arizona
| – | -$3.45K | -177 | Closed |
|
|
TFM
253
TFC Financial Management
Boston,
Massachusetts
| – | -$3.25K | -167 | Closed |
|
254
Parallax Volatility Advisers
San Francisco,
California
| – | -$1.48K | -76 | Closed |
|
|
CWA
255
Clearview Wealth Advisors
Salem,
Oregon
| – | -$1.17K | -60 | Closed |
|
256
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | -$523 | -28 | -70% |
|
|
FGAM
257
Financial Gravity Asset Management
Lakeway,
Texas
| – | -$193 | -19 | Closed |
|
|
TAM
258
Tucker Asset Management
Littleton,
Colorado
| – | -$79 | -4 | Closed |
|
SAVE Hedge Fund Activity: Q1 2023 in Review
219 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Spirit Airlines, Inc. (SAVE) for Q1 2023, worth a combined $1.34B — up 1.4% from $1.33B a quarter earlier.
Sellers outnumbered buyers: 39 funds closed out of SAVE and 38 opened new positions — a net loss of 1 holder — while 66 trimmed existing stakes and 65 added.
The largest buyer was Cyrus Capital Partners, opening a new position worth an estimated $39.5M. The largest seller was Antara Capital, cutting an estimated $22.1M.
- 219 institutional investors held Spirit Airlines, Inc. (SAVE) as of Q1 2023, down from 223 in Q4 2022.
- Funds reported $1.34B of Spirit Airlines, Inc. stock for Q1 2023, up 1.4% quarter-over-quarter.
- 38 funds opened new Spirit Airlines, Inc. positions in Q1 2023 and 39 closed out, a net change of -1 holder.
- The largest Spirit Airlines, Inc. buyer in Q1 2023 was Cyrus Capital Partners, an estimated $39.5M added.
- The largest Spirit Airlines, Inc. seller in Q1 2023 was Antara Capital, an estimated $22.1M sold.
Based on aggregated 13F filings for Q1 2023.