Spirit Airlines, Inc.
SAVE
SAVE was delisted on the 15th of November, 2024.
230 hedge funds and large institutions have $2.79B invested in Spirit Airlines, Inc. in 2018 Q1 according to their latest regulatory filings, with 48 funds opening new positions, 64 increasing their positions, 92 reducing their positions, and 39 closing their positions.
23% more first-time investments, than exits
New positions opened: 48 | Existing positions closed: 39
13% more funds holding in top 10
Funds holding in top 10: 8 → 9 (+1)
4% more funds holding
Funds holding: 221 → 230 (+9)
18% less capital invested
Capital invested by funds: $3.39B → $2.79B (-$602M)
30% less repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 92
37% less call options, than puts
Call options by funds: $11.4M | Put options by funds: $18.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$113M |
| 2 |
TC
Tyvor Capital
Oak Brook,
Illinois
|
+$39.1M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$24.8M |
| 4 |
UBS AM
Chicago,
Illinois
|
+$24.4M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$22.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$73.3M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$69.3M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$62.2M |
| 4 |
Franklin Resources
San Mateo,
California
|
-$55.8M |
| 5 |
Millennium Management
New York
|
-$49M |
SAVE Hedge Fund Activity: Q1 2018 in Review
230 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Spirit Airlines, Inc. (SAVE) for Q1 2018, worth a combined $2.79B — down 18% from $3.39B a quarter earlier.
Buyers outnumbered sellers: 48 funds opened new SAVE positions and 39 closed out — a net gain of 9 holders — while 64 added to existing stakes and 92 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $113M. The largest seller was Wasatch Advisors, cutting an estimated $73.3M.
- 230 institutional investors held Spirit Airlines, Inc. (SAVE) as of Q1 2018, up from 221 in Q4 2017.
- Funds reported $2.79B of Spirit Airlines, Inc. stock for Q1 2018, down 18% quarter-over-quarter.
- 48 funds opened new Spirit Airlines, Inc. positions in Q1 2018 and 39 closed out, a net change of +9 holders.
- The largest Spirit Airlines, Inc. buyer in Q1 2018 was Fidelity Investments, an estimated $113M added.
- The largest Spirit Airlines, Inc. seller in Q1 2018 was Wasatch Advisors, an estimated $73.3M sold.
Based on aggregated 13F filings for Q1 2018.