Spirit Airlines, Inc.
SAVE
SAVE was delisted on the 15th of November, 2024.
213 hedge funds and large institutions have $1.21B invested in Spirit Airlines, Inc. in 2023 Q3 according to their latest regulatory filings, with 27 funds opening new positions, 85 increasing their positions, 55 reducing their positions, and 31 closing their positions.
55% more repeat investments, than reductions
Existing positions increased: 85 | Existing positions reduced: 55
47% more call options, than puts
Call options by funds: $240M | Put options by funds: $163M
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
3% less capital invested
Capital invested by funds: $1.25B → $1.21B (-$37.2M)
3% less funds holding
Funds holding: 220 → 213 (-7)
13% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 31
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Philosophy Capital Management
Alamo,
California
|
+$9.77M |
| 2 |
Group One Trading
Chicago,
Illinois
|
+$8.88M |
| 3 |
AAM
Alpine Associates Management
Palm Beach,
Florida
|
+$7.43M |
| 4 |
CC
Clearline Capital
New York
|
+$6.75M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$6.19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Segantii Capital Management
Hong Kong
|
-$12.1M |
| 2 |
Nomura Holdings
Tokyo,
Japan
|
-$9.19M |
| 3 |
Franklin Resources
San Mateo,
California
|
-$8.98M |
| 4 |
IG
ING Group
Amsterdam,
Netherlands
|
-$6.86M |
| 5 |
AA
Ancient Art
Austin,
Texas
|
-$5.79M |
SAVE Hedge Fund Activity: Q3 2023 in Review
213 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Spirit Airlines, Inc. (SAVE) for Q3 2023, worth a combined $1.21B — down 3% from $1.25B a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of SAVE and 27 opened new positions — a net loss of 4 holders — while 55 trimmed existing stakes and 85 added.
The largest buyer was Philosophy Capital Management, adding an estimated $9.77M. The largest seller was Segantii Capital Management, cutting an estimated $12.1M.
- 213 institutional investors held Spirit Airlines, Inc. (SAVE) as of Q3 2023, down from 220 in Q2 2023.
- Funds reported $1.21B of Spirit Airlines, Inc. stock for Q3 2023, down 3% quarter-over-quarter.
- 27 funds opened new Spirit Airlines, Inc. positions in Q3 2023 and 31 closed out, a net change of -4 holders.
- The largest Spirit Airlines, Inc. buyer in Q3 2023 was Philosophy Capital Management, an estimated $9.77M added.
- The largest Spirit Airlines, Inc. seller in Q3 2023 was Segantii Capital Management, an estimated $12.1M sold.
Based on aggregated 13F filings for Q3 2023.