Spirit Airlines, Inc.
SAVE
SAVE was delisted on the 15th of November, 2024.
226 hedge funds and large institutions have $1.39B invested in Spirit Airlines, Inc. in 2022 Q3 according to their latest regulatory filings, with 40 funds opening new positions, 62 increasing their positions, 74 reducing their positions, and 50 closing their positions.
4% less funds holding
Funds holding: 236 → 226 (-10)
16% less repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 74
19% less capital invested
Capital invested by funds: $1.71B → $1.39B (-$327M)
20% less first-time investments, than exits
New positions opened: 40 | Existing positions closed: 50
44% less funds holding in top 10
Funds holding in top 10: 9 → 5 (-4)
54% less call options, than puts
Call options by funds: $85.5M | Put options by funds: $184M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Antara Capital
New York
|
+$79.4M |
| 2 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$72.9M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
+$22.3M |
| 4 |
RA
Ramius Advisors
New York
|
+$22.2M |
| 5 |
TAL
TIG Advisors LLC
New York
|
+$17.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
PAR Capital Management
Boston,
Massachusetts
|
-$102M |
| 2 |
USGIU
U.S. Global Investors (USGI)
San Antonio,
Texas
|
-$94.6M |
| 3 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
-$27.9M |
| 4 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
-$19.9M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$12.8M |
SAVE Hedge Fund Activity: Q3 2022 in Review
226 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Spirit Airlines, Inc. (SAVE) for Q3 2022, worth a combined $1.39B — down 19% from $1.71B a quarter earlier.
Sellers outnumbered buyers: 50 funds closed out of SAVE and 40 opened new positions — a net loss of 10 holders — while 74 trimmed existing stakes and 62 added.
The largest buyer was Antara Capital, opening a new position worth an estimated $79.4M. The largest seller was PAR Capital Management, exiting entirely with an estimated $102M sold.
- 226 institutional investors held Spirit Airlines, Inc. (SAVE) as of Q3 2022, down from 236 in Q2 2022.
- Funds reported $1.39B of Spirit Airlines, Inc. stock for Q3 2022, down 19% quarter-over-quarter.
- 40 funds opened new Spirit Airlines, Inc. positions in Q3 2022 and 50 closed out, a net change of -10 holders.
- The largest Spirit Airlines, Inc. buyer in Q3 2022 was Antara Capital, an estimated $79.4M added.
- The largest Spirit Airlines, Inc. seller in Q3 2022 was PAR Capital Management, an estimated $102M sold.
Based on aggregated 13F filings for Q3 2022.