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SAVE

Spirit Airlines, Inc.

Delisted

SAVE was delisted on the 15th of November, 2024.

219 hedge funds and large institutions have $2.33B invested in Spirit Airlines, Inc. in 2017 Q3 according to their latest regulatory filings, with 43 funds opening new positions, 92 increasing their positions, 59 reducing their positions, and 71 closing their positions.

New
Increased
Maintained
Reduced
Closed

56% more repeat investments, than reductions

Existing positions increased: 92 | Existing positions reduced: 59

0% more funds holding in top 10

Funds holding in top 10: 55 (0)

12% less funds holding

Funds holding: 250219 (-31)

33% less capital invested

Capital invested by funds: $3.48B → $2.33B (-$1.15B)

38% less call options, than puts

Call options by funds: $32.7M | Put options by funds: $52.3M

39% less first-time investments, than exits

New positions opened: 43 | Existing positions closed: 71

Holders
219
Holders Change
-31
Holders Change %
-12.4%
% of All Funds
5.46%
Holding in Top 10
5
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.12%
New
43
Increased
92
Reduced
59
Closed
71
Calls
$32.7M
Puts
$52.3M
Net Calls
-$19.6M
Net Calls Change
-$15.9M
Name Holding Trade Value Shares
Change
Change in
Stake
Deutsche Bank
26
Deutsche Bank
Germany
$20.3M -$9.95M -248,546 -29%
FPA
27
First Pacific Advisors
California
$20.1M +$24.1M +603,045 New
LBA
28
Letko, Brosseau & Associates
Quebec, Canada
$20.1M +$24.1M +601,200 New
AQR Capital Management
29
AQR Capital Management
Connecticut
$19.3M +$18.4M +461,030 +394%
First Trust Advisors
30
First Trust Advisors
Illinois
$18.7M +$443K +11,067 +2%
RA
31
Royce & Associates
New York
$18.5M +$5.14M +128,481 +30%
JP Morgan Chase
32
JP Morgan Chase
New York
$17.7M +$11.8M +294,721 +126%
Millennium Management
33
Millennium Management
New York
$17.2M +$15.7M +391,647 +318%
NM
34
NWI Management
New York
$15M +$14M +350,000 +350%
HCM
35
Hodges Capital Management
Texas
$14.7M +$4.61M +115,130 +36%
Morgan Stanley
36
Morgan Stanley
New York
$14.3M +$8.39M +209,718 +96%
OCM
37
Olstein Capital Management
New York
$13.6M +$7.29M +182,128 +81%
PC
38
Precocity Capital
Connecticut
$13.4M +$10M +250,000 +167%
Prudential Financial
39
Prudential Financial
New Jersey
$12.5M -$2.94M -73,546 -16%
T. Rowe Price Associates
40
T. Rowe Price Associates
Maryland
$12.3M -$2.61M -65,254 -15%
CFM
41
Coronation Fund Managers
South Africa
$12M +$14.4M +359,452 New
GIC
42
GFI Investment Counsel
Ontario, Canada
$11.7M +$1.09M +27,179 +8%
WCM
43
Wedge Capital Management
North Carolina
$11.7M +$210K +5,258 +2%
GGHC
44
Gilder Gagnon Howe & Co
New York
$11.7M -$809K -20,211 -5%
New York State Common Retirement Fund
45
New York State Common Retirement Fund
New York
$11.5M +$4.82M +120,524 +54%
Charles Schwab
46
Charles Schwab
California
$11.1M +$1.91M +47,696 +17%
Royal Bank of Canada
47
Royal Bank of Canada
Ontario, Canada
$10.9M -$10.9M -272,177 -45%
Northern Trust
48
Northern Trust
Illinois
$10.1M -$312K -7,791 -3%
RCM
49
Rockshelter Capital Management
Pennsylvania
$9.87M +$1.56M +39,003 +15%
Bank of New York Mellon
50
Bank of New York Mellon
New York
$9.43M -$1.15M -28,692 -9%

SAVE Hedge Fund Activity: Q3 2017 in Review

219 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Spirit Airlines, Inc. (SAVE) for Q3 2017, worth a combined $2.33B — down 33% from $3.48B a quarter earlier.

Sellers outnumbered buyers: 71 funds closed out of SAVE and 43 opened new positions — a net loss of 28 holders — while 59 trimmed existing stakes and 92 added.

The largest buyer was Wellington Management Group, adding an estimated $108M. The largest seller was AJO LP, exiting entirely with an estimated $61.1M sold.

  • 219 institutional investors held Spirit Airlines, Inc. (SAVE) as of Q3 2017, down from 250 in Q2 2017.
  • Funds reported $2.33B of Spirit Airlines, Inc. stock for Q3 2017, down 33% quarter-over-quarter.
  • 43 funds opened new Spirit Airlines, Inc. positions in Q3 2017 and 71 closed out, a net change of -28 holders.
  • The largest Spirit Airlines, Inc. buyer in Q3 2017 was Wellington Management Group, an estimated $108M added.
  • The largest Spirit Airlines, Inc. seller in Q3 2017 was AJO LP, an estimated $61.1M sold.

Based on aggregated 13F filings for Q3 2017.