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SAVE

Spirit Airlines, Inc.

Delisted

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

206 hedge funds and large institutions have $217M invested in Spirit Airlines, Inc. in 2024 Q1 according to their latest regulatory filings, with 61 funds opening new positions, 55 increasing their positions, 61 reducing their positions, and 78 closing their positions.

New
Increased
Maintained
Reduced
Closed

10% less repeat investments, than reductions

Existing positions increased: 55 | Existing positions reduced: 61

8% less funds holding

Funds holding: 225206 (-19)

22% less first-time investments, than exits

New positions opened: 61 | Existing positions closed: 78

52% less call options, than puts

Call options by funds: $122M | Put options by funds: $254M

80% less capital invested

Capital invested by funds: $1.07B → $217M (-$853M)

100% less funds holding in top 10

Funds holding in top 10: 70 (-7)

Holders
206
Holders Change
-19
Holders Change %
-8.44%
% of All Funds
2.97%
Holding in Top 10
Holding in Top 10 Change
-7
Holding in Top 10 Change %
-100%
% of All Funds
New
61
Increased
55
Reduced
61
Closed
78
Calls
$122M
Puts
$254M
Net Calls
-$133M
Net Calls Change
-$606K
Name Holding Trade Value Shares
Change
Change in
Stake
LPL Financial
76
LPL Financial
California
$215K -$480K -64,947 -59%
TIM
77
Total Investment Management
Arizona
$211K +$16K +2,159 +5%
Manulife (Manufacturers Life Insurance)
78
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$201K +$2.2K +297 +0.7%
SG Americas Securities
79
SG Americas Securities
New York
$186K -$5.81M -786,094 -95%
UBS AM
80
UBS AM
Illinois
$186K -$3.62M -490,211 -93%
Envestnet Asset Management
81
Envestnet Asset Management
Illinois
$181K +$276K +37,327 New
SPA
82
Sherbrooke Park Advisers
New York
$180K +$275K +37,234 New
California State Teachers Retirement System (CalSTRS)
83
California State Teachers Retirement System (CalSTRS)
California
$172K -$50.2K -6,792 -16%
VOYA Investment Management
84
VOYA Investment Management
Georgia
$171K -$64.8K -8,770 -20%
MS
85
Maven Securities
Jersey
$169K +$259K +35,000 New
CS
86
Credit Suisse
Switzerland
$167K -$450K -60,919 -64%
LFA
87
Legacy Financial Advisors
Kentucky
$165K +$251K +34,000 New
SSG
88
Summit Securities Group
New York
$164K +$199K +26,900 +385%
Legal & General Group
89
Legal & General Group
United Kingdom
$162K -$1.86K -252 -0.7%
Handelsbanken Fonder
90
Handelsbanken Fonder
Sweden
$158K
CPA
91
Capital Performance Advisors
California
$148K +$226K +30,522 New
CAS
92
CTC Alternative Strategies
Illinois
$147K +$2.3K +311 +1%
AWM
93
Angeles Wealth Management
California
$144K +$220K +29,689 New
CMF
94
Counterpoint Mutual Funds
California
$142K +$217K +29,379 New
Commonwealth Equity Services
95
Commonwealth Equity Services
Massachusetts
$135K +$115K +15,527 +125%
Royal Bank of Canada
96
Royal Bank of Canada
Ontario, Canada
$131K -$1.01M -137,063 -84%
Chevy Chase Trust
97
Chevy Chase Trust
Maryland
$126K
CIM
98
CIM Investment Management
Pennsylvania
$126K
IIM
99
Ironwood Investment Management
Massachusetts
$125K -$9K -1,217 -4%
Hudson Bay Capital Management
100
Hudson Bay Capital Management
Connecticut
$119K +$182K +24,600 New

SAVE Hedge Fund Activity: Q1 2024 in Review

206 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Spirit Airlines, Inc. (SAVE) for Q1 2024, worth a combined $217M — down 80% from $1.07B a quarter earlier.

Sellers outnumbered buyers: 78 funds closed out of SAVE and 61 opened new positions — a net loss of 17 holders — while 61 trimmed existing stakes and 55 added.

The largest buyer was D.E. Shaw & Co, adding an estimated $13.4M. The largest seller was Nomura Holdings, exiting entirely with an estimated $55.5M sold.

  • 206 institutional investors held Spirit Airlines, Inc. (SAVE) as of Q1 2024, down from 225 in Q4 2023.
  • Funds reported $217M of Spirit Airlines, Inc. stock for Q1 2024, down 80% quarter-over-quarter.
  • 61 funds opened new Spirit Airlines, Inc. positions in Q1 2024 and 78 closed out, a net change of -17 holders.
  • The largest Spirit Airlines, Inc. buyer in Q1 2024 was D.E. Shaw & Co, an estimated $13.4M added.
  • The largest Spirit Airlines, Inc. seller in Q1 2024 was Nomura Holdings, an estimated $55.5M sold.

Based on aggregated 13F filings for Q1 2024.