Vault-13

CONTROLADORA VUELA COMP DE A VLRS

SPON ADR RP 10 · ADR · CUSIP 21240E105

Mexican low-cost airline

60 institutional holders -29 vs Q1 2025
42,054,69842.1m shares reported held*
$199.8mreported value*
14 new 17 added 14 reduced 41 sold out net sold ≈ $24.9m (-5.3m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($54.8k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $4.75. Options: 3 managers hold calls ($1.5k notional), 3 hold puts ($10.4k).

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

050100Q3 22: 78Q4 22: 75Q1 23: 73Q2 23: 85Q3 23: 91Q4 23: 88Q1 24: 80Q2 24: 86Q3 24: 79Q4 24: 93Q1 25: 89Q2 25: 6060Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 202278
Q4 202275
Q1 202373
Q2 202385
Q3 202391
Q4 202388
Q1 202480
Q2 202486
Q3 202479
Q4 202493
Q1 202589
Q2 202560

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
1000100Q3 23: 45 bought or addedQ3 23: 43 cut or sold outQ4 23: 42 bought or addedQ4 23: 44 cut or sold outQ4 23Q1 24: 28 bought or addedQ1 24: 42 cut or sold outQ2 24: 36 bought or addedQ2 24: 37 cut or sold outQ2 24Q3 24: 38 bought or addedQ3 24: 39 cut or sold outQ4 24: 42 bought or addedQ4 24: 42 cut or sold outQ4 24Q1 25: 36 bought or addedQ1 25: 52 cut or sold outQ2 25: 31 bought or addedQ2 25: 55 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 20234543
Q4 20234244
Q1 20242842
Q2 20243637
Q3 20243839
Q4 20244242
Q1 20253652
Q2 20253155

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$200k$400k$600kQ3 24 calls: $47.3kQ3 24 puts: $248.8kQ3 24P/C 5.26Q4 24 calls: $232.7kQ4 24 puts: $542.1kQ4 24P/C 2.33Q1 25 calls: $2.0kQ1 25 puts: $228.2kQ1 25P/C 114.09Q2 25 calls: $1.5kQ2 25 puts: $10.4kQ2 25P/C 7.03
Numbers
QuarterCallsPutsP/C
Q3 2024$47.3k$248.8k5.26
Q4 2024$232.7k$542.1k2.33
Q1 2025$2.0k$228.2k114.09
Q2 2025$1.5k$10.4k7.03

Biggest buyers

WELLINGTON MANAGEMENT GROUP LLP Added +4,573,428+4.6m
CITADEL ADVISORS LLC New +645,703+645.7k
Long Focus Capital Management, LLC Added +350,000+350.0k
Jump Financial, LLC New +339,083+339.1k
Diametric Capital, LP New +224,710+224.7k
GOLDMAN SACHS GROUP INC Added +172,485+172.5k
UBS Group AG Added +171,466+171.5k
M&T Bank Corp New +148,186+148.2k
Ancient Art, L.P. Added +144,349+144.3k
North of South Capital LLP Added +53,304+53.3k

Biggest sellers

Capital Research Global Investors Sold out -2,534,884-2.5m
WCM INVESTMENT MANAGEMENT, LLC Sold out -2,416,117-2.4m
AQR CAPITAL MANAGEMENT LLC Sold out -1,280,268-1.3m
ACADIAN ASSET MANAGEMENT LLC Sold out -1,268,133-1.3m
Alberta Investment Management Corp Sold out -655,040-655.0k
MORGAN STANLEY Reduced -654,137-654.1k
ABS Direct Equity Fund LLC Sold out -350,600-350.6k
Moneda S.A. Administradora General de Fondos Sold out -294,457-294.5k
Capitolis Liquid Global Markets LLC Sold out -274,600-274.6k
MILLENNIUM MANAGEMENT LLC Sold out -265,914-265.9k

Biggest calls

SIMPLEX TRADING, LLC Unchanged $1.0k400 shares
GROUP ONE TRADING LLC New $475100 shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

SIMPLEX TRADING, LLC Reduced $8.0k1.7k shares
GROUP ONE TRADING LLC Reduced $2.4k500 shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
FRANKE WILLIAM A 13D · may seek influence filed 2025-12-22
Stated purposeBoard Representatives Brian Franke, a principal at Indigo Partners LLC, and Andrew Broderick, a Managing Director of Indigo Partners LLC, are each affiliated with the Reporting Persons and serve as members of the Issuer's board of directors. Voting and Support Agreement On December 18, 2025, the Issuer and Grupo Viva Aerobus, S.A. de C.V. ("PrivateCo") entered into a business combination agreement (the "Business Combination Agreement"), pursuant to which, among other things, (i) PrivateCo will be merged with and into the Issuer, (ii) the separate corporate existence of PrivateCo will thereupon cease and (iii) the Issuer will continue as the surviving entity (the "Merger"). In connection with the signing of the Business Combination Agreement, on December 18, 2025, the Reporting Persons … Full filing
18.2% 212.6m 2025-12-22
BlackRock, Inc. 13G · institution new · filed 2026-04-29 5.8% new 68.1m 2026-04-29

Insider purchases and sales in Q2 2025

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

None reported in Q2 2025.

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Indigo Partners LLC 46.43% of their portfolio PHOENIX, AZ 21,257,56621.3m $101.0m $101.0m 46.43% Unchanged
2 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 5,207,9945.2m $24.7m $24.7m 0.00% Added +4.6m +4,573,428
3 North of South Capital LLP 2.48% of their portfolio LONDON, X0 4,964,4105.0m $23.6m $23.6m 2.48% Added +53.3k +53,304
4 Ancient Art, L.P. 3.01% of their portfolio AUSTIN, TX 1,960,5742.0m $9.3m $9.3m 3.01% Added +144.3k +144,349
5 Long Focus Capital Management, LLC 0.53% of their portfolio SAN JUAN, PR 1,715,2051.7m $8.1m $8.1m 0.53% Added +350.0k +350,000
6 Teewinot Capital Advisers, L.L.C. 0.58% of their portfolio Norwalk, CT 1,495,0621.5m $7.1m $7.1m 0.58% Unchanged
7 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio BOSTON, MA 1,155,2721.2m $5.5m $5.5m 0.00% Reduced -220.2k -220,226
8 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 645,703645.7k $3.1m $3.1m 0.00% New
9 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 353,171353.2k $1.7m $1.7m 0.00% Added +172.5k +172,485
10 Jump Financial, LLC 0.02% of their portfolio Chicago, IL 339,083339.1k $1.6m $1.6m 0.02% New
11 CANADA PENSION PLAN INVESTMENT BOARD 0.00% of their portfolio TORONTO ONTARIO, A6 296,981297.0k $1.4m $1.4m 0.00% Unchanged
12 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 283,820283.8k $1.3m $1.3m 0.00% Unchanged
13 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 281,473281.5k $1.3m $1.3m 0.00% Added +7.6k +7,626
14 Banco BTG Pactual S.A. 0.27% of their portfolio RIO DE JANEIRO, D5 280,000280.0k $1.3m $1.3m 0.27% Reduced -113.9k -113,921
15 UBS Group AG 0.00% of their portfolio ZURICH, V8 261,840261.8k $1.2m $1.2m 0.00% Added +171.5k +171,466
16 Diametric Capital, LP 0.57% of their portfolio BOSTON, MA 224,710224.7k $1.1m $1.1m 0.57% New
17 VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio San Antonio, TX 184,952185.0k $878.5k $878.5k 0.00% Unchanged
18 M&T Bank Corp 0.00% of their portfolio BUFFALO, NY 148,186148.2k $703.9k $703.9k 0.00% New
19 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 107,093107.1k $508.7k $508.7k 0.00% Reduced -33.2k -33,151
20 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 88,55588.6k $420.6k $420.6k 0.00% Reduced -654.1k -654,137
21 PRELUDE CAPITAL MANAGEMENT, LLC 0.04% of their portfolio NEW YORK, NY 87,91787.9k $417.6k $417.6k 0.04% Added +11.9k +11,904
22 Acuitas Investments, LLC 0.30% of their portfolio Seattle, WA 79,40079.4k $377.1k $377.1k 0.30% Unchanged
23 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 57,06157.1k $271.0k $271.0k 0.00% Reduced -89.9k -89,872
24 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 49,83449.8k $236.7k $236.7k 0.00% Added +13.6k +13,604
25 Shay Capital LLC 0.05% of their portfolio NEW YORK, NY 45,00045.0k $213.8k $213.8k 0.05% New
26 HRT FINANCIAL LP 0.00% of their portfolio NEW YORK, NY 44,79444.8k $212.0k $212.0k 0.00% Added +26.9k +26,942
27 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 44,24644.2k $210.2k $210.2k 0.00% Added +26.1k +26,092
28 OPPENHEIMER & CO INC 0.00% of their portfolio NEW YORK, NY 42,75042.8k $203.1k $203.1k 0.00% Unchanged
29 Cresset Asset Management, LLC 0.00% of their portfolio Chicago, IL 41,50441.5k $197.1k $197.1k 0.00% Unchanged
30 PRIMECAP MANAGEMENT CO/CA/ 0.00% of their portfolio PASADENA, CA 41,00041.0k $194.8k $194.8k 0.00% Unchanged
31 SkyView Investment Advisors, LLC 0.03% of their portfolio SHREWSBURY, NJ 39,55439.6k $185.0k $185.0k 0.03% Added +1.6k +1,575
32 Janney Capital Management LLC 0.01% of their portfolio PITTSBURGH, PA 36,77636.8k $175.0k $175.0k 0.01% Reduced -4.8k -4,799
33 Inspire Advisors, LLC 0.01% of their portfolio Meridian, ID 25,68125.7k $122.0k $122.0k 0.01% Added +7.9k +7,929
34 Schonfeld Strategic Advisors LLC 0.00% of their portfolio NEW YORK, NY 25,58125.6k $121.5k $121.5k 0.00% New
35 CONFLUENCE INVESTMENT MANAGEMENT LLC 0.00% of their portfolio ST. LOUIS, MO 25,31025.3k $120.2k $120.2k 0.00% Reduced -1.2k -1,230
36 MARSHALL WACE, LLP 0.00% of their portfolio LONDON, X0 23,51823.5k $111.7k $111.7k 0.00% Reduced -53.5k -53,492
37 OneDigital Investment Advisors LLC 0.00% of their portfolio OVERLAND PARK, KS 22,89022.9k $108.7k $108.7k 0.00% Added +113 +113
38 NewEdge Wealth, LLC 0.00% of their portfolio STAMFORD, CT 20,00020.0k $116.8k $116.8k 0.00% New
39 IPG Investment Advisors LLC 0.01% of their portfolio SAN DIEGO, CA 13,85013.8k $65.8k $65.8k 0.01% New
40 Inspire Investing, LLC 0.01% of their portfolio MERIDIAN, ID 11,53211.5k $54.8k $54.8k 0.01% New
41 INSIGNEO ADVISORY SERVICES, LLC 0.00% of their portfolio MIAMI, FL 10,00010.0k $47.5k $47.5k 0.00% Unchanged
42 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 6,0796.1k $28.9k $28.9k 0.00% Added +521 +521
43 SIMPLEX TRADING, LLC 0.00% of their portfolio CHICAGO, IL 5,2825.3k $25.0k $25.0k 0.00% Reduced -1.8k -1,804
44 BlackRock, Inc. 0.00% of their portfolio New York, NY 2,4242.4k $11.5k $11.5k 0.00% Reduced -3.8k -3,754
45 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 2,2532.3k $10.7k $10.7k 0.00% New
46 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 2,2502.2k $10.7k $10.7k 0.00% Unchanged
47 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 1,8491.8k $8.8k $8.8k 0.00% Unchanged
48 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 1,2401.2k $5.9k $5.9k 0.00% Reduced -34 -34
49 GAMMA Investing LLC 0.00% of their portfolio FOSTER CITY, CA 1,1041.1k $5.2k $5.2k 0.00% Added +513 +513
50 Caitong International Asset Management Co., Ltd 0.00% of their portfolio HONG KONG, K3 893893 $4.2k $4.2k 0.00% Added +481 +481
51 EverSource Wealth Advisors, LLC 0.00% of their portfolio BIRMINGHAM, AL 892892 $4.2k $4.2k 0.00% Reduced -146 -146
52 Parallel Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 527527 $2.5k $2.5k 0.00% Reduced -317 -317
53 ISLAY CAPITAL MANAGEMENT, LLC 0.00% of their portfolio Lubbock, TX 350350 $1.7k $1.7k 0.00% Unchanged
54 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 324324 $1.5k $1.5k 0.00% New
55 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 263263 $1.2k $1.2k 0.00% New
56 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 246246 $2.0k $2.0k 0.00% Reduced -2.4k -2,363
57 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 220220 $1.0k $1.0k 0.00% New
58 LRI Investments, LLC 0.00% of their portfolio PALM BEACH GARDENS, FL 185185 $879 $879 0.00% New
59 ROTHSCHILD INVESTMENT LLC 0.00% of their portfolio CHICAGO, IL 11 $5 $5 0.00% Unchanged
60 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged