Spirit Airlines, Inc.
SAVE
SAVE was delisted on the 15th of November, 2024.
250 hedge funds and large institutions have $2.8B invested in Spirit Airlines, Inc. in 2016 Q3 according to their latest regulatory filings, with 46 funds opening new positions, 103 increasing their positions, 75 reducing their positions, and 29 closing their positions.
112% more call options, than puts
Call options by funds: $29.3M | Put options by funds: $13.8M
59% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 29
37% more repeat investments, than reductions
Existing positions increased: 103 | Existing positions reduced: 75
5% more funds holding
Funds holding: 237 → 250 (+13)
9% less capital invested
Capital invested by funds: $3.09B → $2.8B (-$294M)
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IP
Interval Partners
New York
|
+$34.3M |
| 2 |
TC
Tyvor Capital
Oak Brook,
Illinois
|
+$29M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$26.4M |
| 4 |
SC
Shellback Capital
Boston,
Massachusetts
|
+$21.1M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
+$21.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$144M |
| 2 |
GGHC
Gilder Gagnon Howe & Co
New York
|
-$42.6M |
| 3 |
SI
Scout Investments
Kansas City,
Missouri
|
-$31.6M |
| 4 |
HCM
Hodges Capital Management
Dallas,
Texas
|
-$30M |
| 5 |
TCM
TimesSquare Capital Management
New York
|
-$25.8M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FANJ
276
Financial Architects (New Jersey)
Marlton,
New Jersey
| – | -$9K | -200 | Closed |
|
277
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$3K | -60 | Closed |
|
|
BCI
278
Brinker Capital Investments
Berwyn,
Pennsylvania
| – | +$41 | +1 | New |
|
SAVE Hedge Fund Activity: Q3 2016 in Review
250 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Spirit Airlines, Inc. (SAVE) for Q3 2016, worth a combined $2.8B — down 9.5% from $3.09B a quarter earlier.
Buyers outnumbered sellers: 46 funds opened new SAVE positions and 29 closed out — a net gain of 17 holders — while 103 added to existing stakes and 75 trimmed.
The largest buyer was Interval Partners, adding an estimated $34.3M. The largest seller was Fidelity Investments, cutting an estimated $144M.
- 250 institutional investors held Spirit Airlines, Inc. (SAVE) as of Q3 2016, up from 237 in Q2 2016.
- Funds reported $2.8B of Spirit Airlines, Inc. stock for Q3 2016, down 9.5% quarter-over-quarter.
- 46 funds opened new Spirit Airlines, Inc. positions in Q3 2016 and 29 closed out, a net change of +17 holders.
- The largest Spirit Airlines, Inc. buyer in Q3 2016 was Interval Partners, an estimated $34.3M added.
- The largest Spirit Airlines, Inc. seller in Q3 2016 was Fidelity Investments, an estimated $144M sold.
Based on aggregated 13F filings for Q3 2016.