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SAVE

Spirit Airlines, Inc.

Delisted

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

275 hedge funds and large institutions have $2.52B invested in Spirit Airlines, Inc. in 2021 Q1 according to their latest regulatory filings, with 90 funds opening new positions, 80 increasing their positions, 58 reducing their positions, and 46 closing their positions.

New
Increased
Maintained
Reduced
Closed

96% more first-time investments, than exits

New positions opened: 90 | Existing positions closed: 46

71% more capital invested

Capital invested by funds: $1.48B → $2.52B (+$1.04B)

38% more repeat investments, than reductions

Existing positions increased: 80 | Existing positions reduced: 58

35% more call options, than puts

Call options by funds: $159M | Put options by funds: $118M

33% more funds holding in top 10

Funds holding in top 10: 34 (+1)

18% more funds holding

Funds holding: 233275 (+42)

Holders
275
Holders Change
+42
Holders Change %
+18.03%
% of All Funds
4.83%
Holding in Top 10
4
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+33.33%
% of All Funds
0.07%
New
90
Increased
80
Reduced
58
Closed
46
Calls
$159M
Puts
$118M
Net Calls
+$41.6M
Net Calls Change
-$83.2M
Name Holding Trade Value Shares
Change
Change in
Stake
SFI
26
Sonic Fund II
Hawaii
$16.1M
First Trust Advisors
27
First Trust Advisors
Illinois
$15M -$267K -8,329 -2%
Bank of New York Mellon
28
Bank of New York Mellon
New York
$14.4M +$21.1K +658 +0.2%
HCM
29
Hodges Capital Management
Texas
$13.6M +$11.8M +367,199 New
Primecap Management
30
Primecap Management
California
$12.6M -$940K -29,300 -8%
Ameriprise
31
Ameriprise
Minnesota
$12.4M +$492K +15,347 +5%
New York State Common Retirement Fund
32
New York State Common Retirement Fund
New York
$12M +$7.64M +237,995 +269%
Connor, Clark & Lunn Investment Management (CC&L)
33
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$12M +$9.67M +301,219 +1,243%
Principal Financial Group
34
Principal Financial Group
Iowa
$11.9M +$1.3M +40,378 +14%
UBS Group
35
UBS Group
Switzerland
$11.6M -$1.26M -39,341 -11%
CCM
36
Candlestick Capital Management
Connecticut
$11.6M -$2.13M -66,509 -18%
Royal Bank of Canada
37
Royal Bank of Canada
Ontario, Canada
$11.5M +$8.75M +272,754 +711%
Norges Bank
38
Norges Bank
Norway
$11.4M +$2.22M +69,201 +29%
California Public Employees Retirement System
39
California Public Employees Retirement System
California
$11.4M +$3.5M +108,954 +55%
OCM
40
Osterweis Capital Management
California
$10.6M +$9.23M +287,805 New
Parallax Volatility Advisers
41
Parallax Volatility Advisers
California
$10.3M -$10.5M -327,218 -54%
PCM
42
Penn Capital Management
Pennsylvania
$10.2M +$8.91M +277,650 New
BGIM
43
Brandywine Global Investment Management
Pennsylvania
$8.84M +$3.75M +116,855 +95%
YRHAM
44
Yong Rong (HK) Asset Management
Hong Kong
$8.49M +$7.38M +230,000 New
TCA
45
Teewinot Capital Advisers
New York
$8.34M
CS
46
Credit Suisse
Switzerland
$8.25M -$1.15M -35,820 -14%
CM
47
Castleark Management
Illinois
$8.15M +$7.09M +221,015 New
MCM
48
Marsico Capital Management
Colorado
$7.14M +$6.21M +193,427 New
Bank of America
49
Bank of America
North Carolina
$6.63M +$1.48M +46,209 +35%
Thrivent Financial for Lutherans
50
Thrivent Financial for Lutherans
Minnesota
$6.38M +$4.51M +140,669 +435%

SAVE Hedge Fund Activity: Q1 2021 in Review

275 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Spirit Airlines, Inc. (SAVE) for Q1 2021, worth a combined $2.52B — up 71% from $1.48B a quarter earlier.

Buyers outnumbered sellers: 90 funds opened new SAVE positions and 46 closed out — a net gain of 44 holders — while 80 added to existing stakes and 58 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $127M. The largest seller was Millennium Management, cutting an estimated $20.5M.

  • 275 institutional investors held Spirit Airlines, Inc. (SAVE) as of Q1 2021, up from 233 in Q4 2020.
  • Funds reported $2.52B of Spirit Airlines, Inc. stock for Q1 2021, up 71% quarter-over-quarter.
  • 90 funds opened new Spirit Airlines, Inc. positions in Q1 2021 and 46 closed out, a net change of +44 holders.
  • The largest Spirit Airlines, Inc. buyer in Q1 2021 was Fidelity Investments, an estimated $127M added.
  • The largest Spirit Airlines, Inc. seller in Q1 2021 was Millennium Management, an estimated $20.5M sold.

Based on aggregated 13F filings for Q1 2021.