Spirit Airlines, Inc.
SAVE
SAVE was delisted on the 15th of November, 2024.
225 hedge funds and large institutions have $1.07B invested in Spirit Airlines, Inc. in 2023 Q4 according to their latest regulatory filings, with 57 funds opening new positions, 76 increasing their positions, 53 reducing their positions, and 39 closing their positions.
46% more first-time investments, than exits
New positions opened: 57 | Existing positions closed: 39
43% more repeat investments, than reductions
Existing positions increased: 76 | Existing positions reduced: 53
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
6% more funds holding
Funds holding: 213 → 225 (+12)
11% less capital invested
Capital invested by funds: $1.21B → $1.07B (-$139M)
21% less call options, than puts
Call options by funds: $506M | Put options by funds: $638M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCP
Diameter Capital Partners
New York
|
+$36M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$14.1M |
| 3 |
Calamos Advisors
Naperville,
Illinois
|
+$13.9M |
| 4 |
Millennium Management
New York
|
+$10.9M |
| 5 |
Bank of New York Mellon
New York
|
+$10.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$73.8M |
| 2 |
CCP
Cyrus Capital Partners
New York
|
-$34.9M |
| 3 |
LBA
Letko, Brosseau & Associates
Montreal,
Quebec, Canada
|
-$27.2M |
| 4 |
State of Wisconsin Investment Board
Madison,
Wisconsin
|
-$22.9M |
| 5 |
AAM
Alpine Associates Management
Palm Beach,
Florida
|
-$18.2M |
SAVE Hedge Fund Activity: Q4 2023 in Review
225 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Spirit Airlines, Inc. (SAVE) for Q4 2023, worth a combined $1.07B — down 11% from $1.21B a quarter earlier.
Buyers outnumbered sellers: 57 funds opened new SAVE positions and 39 closed out — a net gain of 18 holders — while 76 added to existing stakes and 53 trimmed.
The largest buyer was Diameter Capital Partners, opening a new position worth an estimated $36M. The largest seller was Fidelity Investments, cutting an estimated $73.8M.
- 225 institutional investors held Spirit Airlines, Inc. (SAVE) as of Q4 2023, up from 213 in Q3 2023.
- Funds reported $1.07B of Spirit Airlines, Inc. stock for Q4 2023, down 11% quarter-over-quarter.
- 57 funds opened new Spirit Airlines, Inc. positions in Q4 2023 and 39 closed out, a net change of +18 holders.
- The largest Spirit Airlines, Inc. buyer in Q4 2023 was Diameter Capital Partners, an estimated $36M added.
- The largest Spirit Airlines, Inc. seller in Q4 2023 was Fidelity Investments, an estimated $73.8M sold.
Based on aggregated 13F filings for Q4 2023.