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SAVE

Spirit Airlines, Inc.

Delisted

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

212 hedge funds and large institutions have $720M invested in Spirit Airlines, Inc. in 2020 Q1 according to their latest regulatory filings, with 54 funds opening new positions, 62 increasing their positions, 64 reducing their positions, and 79 closing their positions.

New
Increased
Maintained
Reduced
Closed

43% more call options, than puts

Call options by funds: $26.9M | Put options by funds: $18.9M

3% less repeat investments, than reductions

Existing positions increased: 62 | Existing positions reduced: 64

12% less funds holding

Funds holding: 240212 (-28)

32% less first-time investments, than exits

New positions opened: 54 | Existing positions closed: 79

67% less funds holding in top 10

Funds holding in top 10: 62 (-4)

74% less capital invested

Capital invested by funds: $2.76B → $720M (-$2.04B)

Holders
212
Holders Change
-28
Holders Change %
-11.67%
% of All Funds
4.67%
Holding in Top 10
2
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-66.67%
% of All Funds
0.04%
New
54
Increased
62
Reduced
64
Closed
79
Calls
$26.9M
Puts
$18.9M
Net Calls
+$8.05M
Net Calls Change
+$100M
Name Holding Trade Value Shares
Change
Change in
Stake
MOACM
51
Mutual of America Capital Management
New York
$1.53M -$4.62M -143,662 -55%
Bank of America
52
Bank of America
North Carolina
$1.52M +$385K +11,970 +11%
RCM
53
Rockshelter Capital Management
Pennsylvania
$1.47M -$5.08M -157,968 -58%
IVA
54
International Value Advisers
$1.34M +$3.33M +103,712 New
California State Teachers Retirement System (CalSTRS)
55
California State Teachers Retirement System (CalSTRS)
California
$1.34M -$37.6K -1,170 -1%
RhumbLine Advisers
56
RhumbLine Advisers
Massachusetts
$1.3M +$102K +3,174 +3%
AllianceBernstein
57
AllianceBernstein
Tennessee
$1.24M -$45K -1,400 -1%
ACM
58
Axel Capital Management
New York
$1.16M +$2.89M +90,000 New
First Trust Advisors
59
First Trust Advisors
Illinois
$1.13M -$464K -14,437 -14%
OCM
60
Olstein Capital Management
New York
$1.11M -$3.41M -106,000 -55%
JP Morgan Chase
61
JP Morgan Chase
New York
$1.08M -$20M -622,600 -88%
Fidelity International
62
Fidelity International
Bermuda
$1.06M +$2.64M +82,246 New
Invesco
63
Invesco
Georgia
$1.05M -$78.8M -2,452,102 -97%
RC
64
RBF Capital
California
$1.03M -$321K -10,000 -11%
CS
65
Credit Suisse
Switzerland
$986K +$139K +4,321 +6%
PPA
66
Parametric Portfolio Associates
Washington
$978K -$626K -19,476 -20%
Jane Street
67
Jane Street
New York
$969K +$40.7K +1,267 +2%
MC
68
Maverick Capital
Texas
$931K +$2.32M +72,231 New
Russell Investments Group
69
Russell Investments Group
United Kingdom
$909K -$4.09M -127,291 -64%
Royal Bank of Canada
70
Royal Bank of Canada
Ontario, Canada
$835K -$610K -18,975 -23%
New York State Common Retirement Fund
71
New York State Common Retirement Fund
New York
$797K +$6.43K +200 +0.3%
OP
72
Oldfield Partners
United Kingdom
$764K +$270K +8,400 +17%
Connor, Clark & Lunn Investment Management (CC&L)
73
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$751K +$1.87M +58,250 New
Wells Fargo
74
Wells Fargo
California
$731K -$20.6M -640,285 -92%
Citigroup
75
Citigroup
New York
$725K +$125K +3,895 +7%

SAVE Hedge Fund Activity: Q1 2020 in Review

212 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Spirit Airlines, Inc. (SAVE) for Q1 2020, worth a combined $720M — down 74% from $2.76B a quarter earlier.

Sellers outnumbered buyers: 79 funds closed out of SAVE and 54 opened new positions — a net loss of 25 holders — while 64 trimmed existing stakes and 62 added.

The largest buyer was PAR Capital Management, adding an estimated $36.3M. The largest seller was Carmignac Gestion, exiting entirely with an estimated $117M sold.

  • 212 institutional investors held Spirit Airlines, Inc. (SAVE) as of Q1 2020, down from 240 in Q4 2019.
  • Funds reported $720M of Spirit Airlines, Inc. stock for Q1 2020, down 74% quarter-over-quarter.
  • 54 funds opened new Spirit Airlines, Inc. positions in Q1 2020 and 79 closed out, a net change of -25 holders.
  • The largest Spirit Airlines, Inc. buyer in Q1 2020 was PAR Capital Management, an estimated $36.3M added.
  • The largest Spirit Airlines, Inc. seller in Q1 2020 was Carmignac Gestion, an estimated $117M sold.

Based on aggregated 13F filings for Q1 2020.