Spirit Airlines, Inc.
SAVE
SAVE was delisted on the 15th of November, 2024.
206 hedge funds and large institutions have $217M invested in Spirit Airlines, Inc. in 2024 Q1 according to their latest regulatory filings, with 61 funds opening new positions, 55 increasing their positions, 61 reducing their positions, and 78 closing their positions.
10% less repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 61
8% less funds holding
Funds holding: 225 → 206 (-19)
22% less first-time investments, than exits
New positions opened: 61 | Existing positions closed: 78
52% less call options, than puts
Call options by funds: $122M | Put options by funds: $254M
80% less capital invested
Capital invested by funds: $1.07B → $217M (-$853M)
100% less funds holding in top 10
Funds holding in top 10: 7 → 0 (-7)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
+$13.4M |
| 2 |
Squarepoint
New York
|
+$5.66M |
| 3 |
BNP Paribas Financial Markets
Paris,
France
|
+$5.21M |
| 4 |
State Street
Boston,
Massachusetts
|
+$5M |
| 5 |
Walleye Capital
New York
|
+$4.56M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nomura Holdings
Tokyo,
Japan
|
-$55.5M |
| 2 |
DCP
Diameter Capital Partners
New York
|
-$41M |
| 3 |
AA
Ancient Art
Austin,
Texas
|
-$29.9M |
| 4 |
PCM
Philosophy Capital Management
Alamo,
California
|
-$16.5M |
| 5 |
IIA
IPG Investment Advisors
San Diego,
California
|
-$16.1M |
SAVE Hedge Fund Activity: Q1 2024 in Review
206 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Spirit Airlines, Inc. (SAVE) for Q1 2024, worth a combined $217M — down 80% from $1.07B a quarter earlier.
Sellers outnumbered buyers: 78 funds closed out of SAVE and 61 opened new positions — a net loss of 17 holders — while 61 trimmed existing stakes and 55 added.
The largest buyer was D.E. Shaw & Co, adding an estimated $13.4M. The largest seller was Nomura Holdings, exiting entirely with an estimated $55.5M sold.
- 206 institutional investors held Spirit Airlines, Inc. (SAVE) as of Q1 2024, down from 225 in Q4 2023.
- Funds reported $217M of Spirit Airlines, Inc. stock for Q1 2024, down 80% quarter-over-quarter.
- 61 funds opened new Spirit Airlines, Inc. positions in Q1 2024 and 78 closed out, a net change of -17 holders.
- The largest Spirit Airlines, Inc. buyer in Q1 2024 was D.E. Shaw & Co, an estimated $13.4M added.
- The largest Spirit Airlines, Inc. seller in Q1 2024 was Nomura Holdings, an estimated $55.5M sold.
Based on aggregated 13F filings for Q1 2024.