Spirit Airlines, Inc.
SAVE
SAVE was delisted on the 15th of November, 2024.
220 hedge funds and large institutions have $1.25B invested in Spirit Airlines, Inc. in 2023 Q2 according to their latest regulatory filings, with 41 funds opening new positions, 53 increasing their positions, 71 reducing their positions, and 39 closing their positions.
120% more call options, than puts
Call options by funds: $190M | Put options by funds: $86.1M
5% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 39
0% more funds holding
Funds holding: 219 → 220 (+1)
7% less capital invested
Capital invested by funds: $1.34B → $1.25B (-$97.3M)
25% less repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 71
29% less funds holding in top 10
Funds holding in top 10: 7 → 5 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nomura Holdings
Tokyo,
Japan
|
+$54.3M |
| 2 |
CWM
CIBC World Markets
New York
|
+$19.9M |
| 3 |
CCP
Cyrus Capital Partners
New York
|
+$16.5M |
| 4 |
Adage Capital Partners
Boston,
Massachusetts
|
+$12.2M |
| 5 |
IIA
IPG Investment Advisors
San Diego,
California
|
+$10.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$52.1M |
| 2 |
AC
Antara Capital
New York
|
-$50.5M |
| 3 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$26M |
| 4 |
VI
Versor Investments
New York
|
-$21.5M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$19.8M |
SAVE Hedge Fund Activity: Q2 2023 in Review
220 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Spirit Airlines, Inc. (SAVE) for Q2 2023, worth a combined $1.25B — down 7.2% from $1.34B a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new SAVE positions and 39 closed out — a net gain of 2 holders — while 53 added to existing stakes and 71 trimmed.
The largest buyer was Nomura Holdings, opening a new position worth an estimated $54.3M. The largest seller was Magnetar Financial, exiting entirely with an estimated $52.1M sold.
- 220 institutional investors held Spirit Airlines, Inc. (SAVE) as of Q2 2023, up from 219 in Q1 2023.
- Funds reported $1.25B of Spirit Airlines, Inc. stock for Q2 2023, down 7.2% quarter-over-quarter.
- 41 funds opened new Spirit Airlines, Inc. positions in Q2 2023 and 39 closed out, a net change of +2 holders.
- The largest Spirit Airlines, Inc. buyer in Q2 2023 was Nomura Holdings, an estimated $54.3M added.
- The largest Spirit Airlines, Inc. seller in Q2 2023 was Magnetar Financial, an estimated $52.1M sold.
Based on aggregated 13F filings for Q2 2023.