Spirit Airlines, Inc.
SAVE
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.
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: 3 → 4 (+1)
18% more funds holding
Funds holding: 233 → 275 (+42)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$127M |
| 2 |
JP Morgan Chase
New York
|
+$50.4M |
| 3 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
+$27.8M |
| 4 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$25.8M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$19.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$20.5M |
| 2 |
Renaissance Technologies
New York
|
-$19.1M |
| 3 |
D.E. Shaw & Co
New York
|
-$17.2M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
-$15.3M |
| 5 |
Jane Street
New York
|
-$14.5M |
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.