CONTROLADORA VUELA COMP DE A VLRS
SPON ADR RP 10 · ADR · CUSIP 21240E105
Mexican low-cost airline
- SectorIndustrials
- IndustryAir Transportation, Scheduled
- HeadquartersMexico City, Mexico
- Founded2005
- Websitevolaris.com
- FilingsSEC EDGAR
* 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
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 78 |
| Q4 2022 | 75 |
| Q1 2023 | 73 |
| Q2 2023 | 85 |
| Q3 2023 | 91 |
| Q4 2023 | 88 |
| Q1 2024 | 80 |
| Q2 2024 | 86 |
| Q3 2024 | 79 |
| Q4 2024 | 93 |
| Q1 2025 | 89 |
| Q2 2025 | 60 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2023 | 45 | 43 |
| Q4 2023 | 42 | 44 |
| Q1 2024 | 28 | 42 |
| Q2 2024 | 36 | 37 |
| Q3 2024 | 38 | 39 |
| Q4 2024 | 42 | 42 |
| Q1 2025 | 36 | 52 |
| Q2 2025 | 31 | 55 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2024 | $47.3k | $248.8k | 5.26 |
| Q4 2024 | $232.7k | $542.1k | 2.33 |
| Q1 2025 | $2.0k | $228.2k | 114.09 |
| Q2 2025 | $1.5k | $10.4k | 7.03 |
Biggest buyers
| WELLINGTON MANAGEMENT GROUP LLP | Added | +4.6m |
| CITADEL ADVISORS LLC | New | +645.7k |
| Long Focus Capital Management, LLC | Added | +350.0k |
| Jump Financial, LLC | New | +339.1k |
| Diametric Capital, LP | New | +224.7k |
| GOLDMAN SACHS GROUP INC | Added | +172.5k |
| UBS Group AG | Added | +171.5k |
| M&T Bank Corp | New | +148.2k |
| Ancient Art, L.P. | Added | +144.3k |
| North of South Capital LLP | Added | +53.3k |
Biggest sellers
| Capital Research Global Investors | Sold out | -2.5m |
| WCM INVESTMENT MANAGEMENT, LLC | Sold out | -2.4m |
| AQR CAPITAL MANAGEMENT LLC | Sold out | -1.3m |
| ACADIAN ASSET MANAGEMENT LLC | Sold out | -1.3m |
| Alberta Investment Management Corp | Sold out | -655.0k |
| MORGAN STANLEY | Reduced | -654.1k |
| ABS Direct Equity Fund LLC | Sold out | -350.6k |
| Moneda S.A. Administradora General de Fondos | Sold out | -294.5k |
| Capitolis Liquid Global Markets LLC | Sold out | -274.6k |
| MILLENNIUM MANAGEMENT LLC | Sold out | -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.
| Holder | Stake |
|---|---|
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% |
| BlackRock, Inc. 13G · institution new · filed 2026-04-29 | 5.8% |
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
| Manager | Shares | Change |
|---|---|---|
| Indigo Partners LLC 46.43% of their portfolio | 21.3m $101.0m | Unchanged |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 5.2m $24.7m | Added +4.6m |
| North of South Capital LLP 2.48% of their portfolio | 5.0m $23.6m | Added +53.3k |
| Ancient Art, L.P. 3.01% of their portfolio | 2.0m $9.3m | Added +144.3k |
| Long Focus Capital Management, LLC 0.53% of their portfolio | 1.7m $8.1m | Added +350.0k |
| Teewinot Capital Advisers, L.L.C. 0.58% of their portfolio | 1.5m $7.1m | Unchanged |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio | 1.2m $5.5m | Reduced -220.2k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 645.7k $3.1m | New |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 353.2k $1.7m | Added +172.5k |
| Jump Financial, LLC 0.02% of their portfolio | 339.1k $1.6m | New |
| CANADA PENSION PLAN INVESTMENT BOARD 0.00% of their portfolio | 297.0k $1.4m | Unchanged |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 283.8k $1.3m | Unchanged |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 281.5k $1.3m | Added +7.6k |
| Banco BTG Pactual S.A. 0.27% of their portfolio | 280.0k $1.3m | Reduced -113.9k |
| UBS Group AG 0.00% of their portfolio | 261.8k $1.2m | Added +171.5k |
| Diametric Capital, LP 0.57% of their portfolio | 224.7k $1.1m | New |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 185.0k $878.5k | Unchanged |
| M&T Bank Corp 0.00% of their portfolio | 148.2k $703.9k | New |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 107.1k $508.7k | Reduced -33.2k |
| MORGAN STANLEY 0.00% of their portfolio | 88.6k $420.6k | Reduced -654.1k |
| PRELUDE CAPITAL MANAGEMENT, LLC 0.04% of their portfolio | 87.9k $417.6k | Added +11.9k |
| Acuitas Investments, LLC 0.30% of their portfolio | 79.4k $377.1k | Unchanged |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 57.1k $271.0k | Reduced -89.9k |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 49.8k $236.7k | Added +13.6k |
| Shay Capital LLC 0.05% of their portfolio | 45.0k $213.8k | New |
| HRT FINANCIAL LP 0.00% of their portfolio | 44.8k $212.0k | Added +26.9k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 44.2k $210.2k | Added +26.1k |
| OPPENHEIMER & CO INC 0.00% of their portfolio | 42.8k $203.1k | Unchanged |
| Cresset Asset Management, LLC 0.00% of their portfolio | 41.5k $197.1k | Unchanged |
| PRIMECAP MANAGEMENT CO/CA/ 0.00% of their portfolio | 41.0k $194.8k | Unchanged |
| SkyView Investment Advisors, LLC 0.03% of their portfolio | 39.6k $185.0k | Added +1.6k |
| Janney Capital Management LLC 0.01% of their portfolio | 36.8k $175.0k | Reduced -4.8k |
| Inspire Advisors, LLC 0.01% of their portfolio | 25.7k $122.0k | Added +7.9k |
| Schonfeld Strategic Advisors LLC 0.00% of their portfolio | 25.6k $121.5k | New |
| CONFLUENCE INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 25.3k $120.2k | Reduced -1.2k |
| MARSHALL WACE, LLP 0.00% of their portfolio | 23.5k $111.7k | Reduced -53.5k |
| OneDigital Investment Advisors LLC 0.00% of their portfolio | 22.9k $108.7k | Added +113 |
| NewEdge Wealth, LLC 0.00% of their portfolio | 20.0k $116.8k | New |
| IPG Investment Advisors LLC 0.01% of their portfolio | 13.8k $65.8k | New |
| Inspire Investing, LLC 0.01% of their portfolio | 11.5k $54.8k | New |
| INSIGNEO ADVISORY SERVICES, LLC 0.00% of their portfolio | 10.0k $47.5k | Unchanged |
| CITIGROUP INC 0.00% of their portfolio | 6.1k $28.9k | Added +521 |
| SIMPLEX TRADING, LLC 0.00% of their portfolio | 5.3k $25.0k | Reduced -1.8k |
| BlackRock, Inc. 0.00% of their portfolio | 2.4k $11.5k | Reduced -3.8k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 2.3k $10.7k | New |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 2.2k $10.7k | Unchanged |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 1.8k $8.8k | Unchanged |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 1.2k $5.9k | Reduced -34 |
| GAMMA Investing LLC 0.00% of their portfolio | 1.1k $5.2k | Added +513 |
| Caitong International Asset Management Co., Ltd 0.00% of their portfolio | 893 $4.2k | Added +481 |
| EverSource Wealth Advisors, LLC 0.00% of their portfolio | 892 $4.2k | Reduced -146 |
| Parallel Advisors, LLC 0.00% of their portfolio | 527 $2.5k | Reduced -317 |
| ISLAY CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 350 $1.7k | Unchanged |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 324 $1.5k | New |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio | 263 $1.2k | New |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 246 $2.0k | Reduced -2.4k |
| BARCLAYS PLC 0.00% of their portfolio | 220 $1.0k | New |
| LRI Investments, LLC 0.00% of their portfolio | 185 $879 | New |
| ROTHSCHILD INVESTMENT LLC 0.00% of their portfolio | 1 $5 | Unchanged |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio | 0 $0 | Unchanged |