Spirit Airlines, Inc.
SAVE
SAVE was delisted on the 15th of November, 2024.
219 hedge funds and large institutions have $2.33B invested in Spirit Airlines, Inc. in 2017 Q3 according to their latest regulatory filings, with 43 funds opening new positions, 92 increasing their positions, 59 reducing their positions, and 71 closing their positions.
56% more repeat investments, than reductions
Existing positions increased: 92 | Existing positions reduced: 59
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
12% less funds holding
Funds holding: 250 → 219 (-31)
33% less capital invested
Capital invested by funds: $3.48B → $2.33B (-$1.15B)
38% less call options, than puts
Call options by funds: $32.7M | Put options by funds: $52.3M
39% less first-time investments, than exits
New positions opened: 43 | Existing positions closed: 71
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$108M |
| 2 |
O
OppenheimerFunds
New York
|
+$78.5M |
| 3 |
AVC
Arlington Value Capital
Salt Lake City,
Utah
|
+$51.4M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$33.7M |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$33.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$61.1M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$57.4M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$56.6M |
| 4 |
ABC
Anchor Bolt Capital
Chicago,
Illinois
|
-$50.2M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
-$39.1M |
SAVE Hedge Fund Activity: Q3 2017 in Review
219 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Spirit Airlines, Inc. (SAVE) for Q3 2017, worth a combined $2.33B — down 33% from $3.48B a quarter earlier.
Sellers outnumbered buyers: 71 funds closed out of SAVE and 43 opened new positions — a net loss of 28 holders — while 59 trimmed existing stakes and 92 added.
The largest buyer was Wellington Management Group, adding an estimated $108M. The largest seller was AJO LP, exiting entirely with an estimated $61.1M sold.
- 219 institutional investors held Spirit Airlines, Inc. (SAVE) as of Q3 2017, down from 250 in Q2 2017.
- Funds reported $2.33B of Spirit Airlines, Inc. stock for Q3 2017, down 33% quarter-over-quarter.
- 43 funds opened new Spirit Airlines, Inc. positions in Q3 2017 and 71 closed out, a net change of -28 holders.
- The largest Spirit Airlines, Inc. buyer in Q3 2017 was Wellington Management Group, an estimated $108M added.
- The largest Spirit Airlines, Inc. seller in Q3 2017 was AJO LP, an estimated $61.1M sold.
Based on aggregated 13F filings for Q3 2017.