Vault-13

SPIRIT AIRLS INC SAVE

COM · Common Stock · CUSIP 848577102 · ISIN US8485771021

222 institutional holders -3 vs Q3 2022
71,431,04471.4m shares reported held*
$1.4bnreported value*
24 new 67 added 70 reduced 33 sold out net sold ≈ $59.8m (-3.1m 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 ($4.8m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $19.49. Options: 17 managers hold calls ($63.3m notional), 22 hold puts ($109.9m).

Trends to Q4 2022

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 225Q4 22: 222222Q3 22Q4 22
Numbers
QuarterHolders
Q3 2022225
Q4 2022222

Calls vs puts

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

CallsPuts
$0$50m$100m$150m$200mQ3 22 calls: $85.5mQ3 22 puts: $191.6mQ3 22P/C 2.24Q4 22 calls: $63.3mQ4 22 puts: $109.9mQ4 22P/C 1.74
Numbers
QuarterCallsPutsP/C
Q3 2022$85.5m$191.6m2.24
Q4 2022$63.3m$109.9m1.74

Biggest buyers

Antara Capital LP Added +885,000+885.0k
LETKO, BROSSEAU & ASSOCIATES INC Added +460,550+460.6k
Versor Investments LP Added +455,446+455.4k
STATE OF WISCONSIN INVESTMENT BOARD Added +322,215+322.2k
NORGES BANK Added +308,300+308.3k
BANK OF AMERICA CORP /DE/ Added +295,550+295.6k
Qube Research & Technologies Ltd Added +281,964+282.0k
DEUTSCHE BANK AG\ Added +267,561+267.6k
ALPINE ASSOCIATES MANAGEMENT INC. Added +250,714+250.7k
Public Sector Pension Investment Board New +245,000+245.0k

Biggest sellers

Invesco Ltd. Reduced -1,399,303-1.4m
TIG Advisors, LLC Reduced -1,077,010-1.1m
JPMORGAN CHASE & CO Reduced -833,858-833.9k
Sonic Fund II, L.P. Sold out -600,000-600.0k
RAMIUS ADVISORS LLC Reduced -573,174-573.2k
New York Life Investment Management LLC Sold out -541,499-541.5k
DISCOVERY CAPITAL MANAGEMENT, LLC / CT Reduced -442,142-442.1k
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Reduced -434,319-434.3k
Maven Securities LTD Sold out -352,500-352.5k
MORGAN STANLEY Reduced -339,537-339.5k

Biggest calls

JANE STREET GROUP, LLC Reduced $14.4m740.5k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $14.3m734.1k shares
GROUP ONE TRADING LLC Reduced $11.0m564.1k shares
CITADEL ADVISORS LLC Reduced $6.3m325.8k shares
Walleye Trading LLC Reduced $5.5m280.0k shares
MILLENNIUM MANAGEMENT LLC New $3.9m202.5k shares
TIG Advisors, LLC New $3.1m158.5k shares
IMC-Chicago, LLC Reduced $1.7m88.4k shares
Parallax Volatility Advisers, L.P. Reduced $1.2m63.0k shares
SIMPLEX TRADING, LLC Reduced $1.2m62.8k shares

Biggest puts

Antara Capital LP Reduced $73.1m3.8m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $7.8m399.7k shares
BANK OF MONTREAL /CAN/ Unchanged $7.7m364.2k shares
Walleye Trading LLC Reduced $3.6m185.3k shares
TIG Advisors, LLC New $3.0m156.4k shares
GROUP ONE TRADING LLC Reduced $3.0m152.2k shares
GOLDMAN SACHS GROUP INC Unchanged $1.9m100.0k shares
CITADEL ADVISORS LLC Reduced $1.9m96.8k shares
EQUITEC PROPRIETARY MARKETS, LLC Unchanged $1.4m70.5k shares
IMC-Chicago, LLC Reduced $1.3m68.9k 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.

Holders, Q4 2022

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VANGUARD GROUP INC 0.01% of their portfolio Valley Forge, PA 10,157,57910.2m $197.9m $197.9m 0.01% Added +203.2k +203,192
2 BlackRock Inc. 0.00% of their portfolio New York, NY 7,668,3197.7m $149.4m $149.4m 0.00% Added +127.8k +127,769
3 FMR LLC 0.01% of their portfolio BOSTON, MA 6,035,6046.0m $117.6m $117.6m 0.01% Added +76.7k +76,711
4 Antara Capital LP 10.07% of their portfolio New York, NY 4,269,3304.3m $83.2m $83.2m 10.07% Added +885.0k +885,000
5 Magnetar Financial LLC 1.35% of their portfolio EVANSTON, IL 4,080,4874.1m $79.5m $79.5m 1.35% Reduced -169.3k -169,291
6 DIMENSIONAL FUND ADVISORS LP 0.03% of their portfolio AUSTIN, TX 3,704,9593.7m $72.2m $72.2m 0.03% Added +128 +128
7 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 2,470,3492.5m $48.1m $48.1m 0.00% Added +7.7k +7,741
8 GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio BOSTON, MA 1,975,6992.0m $38.5m $38.5m 0.01% Added +63.5k +63,459
9 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 1,742,9861.7m $34.0m $34.0m 0.01% Reduced -147.5k -147,460
10 Versor Investments LP 2.71% of their portfolio New York, NY 1,619,8581.6m $31.6m $31.6m 2.71% Added +455.4k +455,446
11 ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio NASHVILLE, TN 1,533,2701.5m $29.9m $29.9m 0.01% Added +139.2k +139,223
12 ALPINE ASSOCIATES MANAGEMENT INC. 1.27% of their portfolio PALM BEACH, FL 1,426,4141.4m $27.8m $27.8m 1.27% Added +250.7k +250,714
13 LETKO, BROSSEAU & ASSOCIATES INC 0.48% of their portfolio MONTREAL, A8 1,366,8101.4m $26.6m $26.6m 0.48% Added +460.6k +460,550
14 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio NEW YORK, NY 1,352,3001.4m $26.3m $26.3m 0.01% Reduced -434.3k -434,319
15 AQR Arbitrage LLC 0.52% of their portfolio Greenwich, CT 1,043,0421.0m $20.3m $20.3m 0.52% Added +9.7k +9,737
16 STATE OF WISCONSIN INVESTMENT BOARD 0.07% of their portfolio MADISON, WI 1,037,0481.0m $20.2m $20.2m 0.07% Added +322.2k +322,215
17 MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio NEW YORK, NY 1,018,6861.0m $19.8m $19.8m 0.02% Reduced -251.9k -251,899
18 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio SAN FRANCISCO, CA 966,174966.2k $18.8m $18.8m 0.01% Added +5.7k +5,661
19 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 940,851940.9k $18.3m $18.3m 0.00% Added +16.1k +16,050
20 MARSHALL WACE, LLP 0.04% of their portfolio LONDON, X0 819,764819.8k $16.0m $16.0m 0.04% Added +162.6k +162,593
21 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 702,996703.0k $13.7m $13.7m 0.00% Reduced -339.5k -339,537
22 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 656,196656.2k $12.8m $12.8m 0.01% Reduced -162.3k -162,346
23 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 630,130630.1k $12.3m $12.3m 0.00% Reduced -53.7k -53,739
24 NORGES BANK 0.00% of their portfolio OSLO, Q8 609,585609.6k $11.9m $11.9m 0.00% Added +308.3k +308,300
25 Sonic GP LLC 8.77% of their portfolio HONOLULU, HI 600,000600.0k $11.7m $11.7m 8.77% First filing
26 Segantii Capital Management Ltd 0.42% of their portfolio HONG KONG, K3 555,000555.0k $10.8m $10.8m 0.42% Added +55.0k +55,000
27 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 460,844460.8k $9.0m $9.0m 0.00% Added +295.6k +295,550
28 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 446,085446.1k $8.7m $8.7m 0.00% Added +4.2k +4,199
29 ANQA MANAGEMENT LLC 13.07% of their portfolio SAG HARBOR, NY 443,307443.3k $8.6m $8.6m 13.07% Added +20.0k +20,000
30 Qube Research & Technologies Ltd 0.05% of their portfolio LONDON, X0 417,322417.3k $8.1m $8.1m 0.05% Added +282.0k +281,964
31 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 392,047392.0k $8.3m $8.3m 0.00% Reduced -645 -645
32 RAMIUS ADVISORS LLC 7.02% of their portfolio NEW YORK, NY 373,936373.9k $7.3m $7.3m 7.02% Reduced -573.2k -573,174
33 TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY 0.07% of their portfolio FRANKFORT, KY 340,528340.5k $6.6m $6.6m 0.07% Reduced -105.6k -105,600
34 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 332,034332.0k $6.5m $6.5m 0.00% Reduced -833.9k -833,858
35 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 312,685312.7k $6.1m $6.1m 0.00% Added +267.6k +267,561
36 WILBANKS SMITH & THOMAS ASSET MANAGEMENT LLC 0.23% of their portfolio NORFOLK, VA 305,583305.6k $6.0m $6.0m 0.23% Added +83.4k +83,368
37 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 297,743297.7k $5.8m $5.8m 0.00% Reduced -10.4k -10,390
38 Crabel Capital Management, LLC 2.08% of their portfolio MILWAUKEE, WI 295,392295.4k $5.8m $5.8m 2.08% Unchanged
39 California Public Employees Retirement System 0.00% of their portfolio Sacramento, CA 273,387273.4k $5.3m $5.3m 0.00% Reduced -65.8k -65,839
40 TWO SIGMA INVESTMENTS, LP 0.02% of their portfolio NEW YORK, NY 273,116273.1k $5.3m $5.3m 0.02% Reduced -61.7k -61,691
41 Hudson Bay Capital Management LP 0.06% of their portfolio STAMFORD, CT 249,543249.5k $4.9m $4.9m 0.06% Added +126.4k +126,443
42 UBS Group AG 0.00% of their portfolio ZURICH, V8 248,758248.8k $4.8m $4.8m 0.00% Reduced -86.6k -86,635
43 DISCOVERY CAPITAL MANAGEMENT, LLC / CT 0.72% of their portfolio SOUTH NORWALK, CT 248,061248.1k $4.8m $4.8m 0.72% Reduced -442.1k -442,142
44 Public Sector Pension Investment Board 0.04% of their portfolio MONTREAL, A8 245,000245.0k $4.8m $4.8m 0.04% New
45 PRIMECAP MANAGEMENT CO/CA/ 0.00% of their portfolio PASADENA, CA 234,800234.8k $4.6m $4.6m 0.00% Reduced -33.6k -33,600
46 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 219,081219.1k $4.3m $4.3m 0.01% Reduced -79.2k -79,202
47 EHP Funds Inc. 0.85% of their portfolio TORONTO, Z4 208,012208.0k $4.1m $4.1m 0.85% Reduced -118.6k -118,599
48 Brandywine Global Investment Management, LLC 0.03% of their portfolio PHILADELPHIA, PA 206,273206.3k $4.0m $4.0m 0.03% Reduced -6.5k -6,532
49 VR Advisory Services Ltd 1.44% of their portfolio CAMANA BAY, GRAND CAYMAN, E9 200,000200.0k $3.9m $3.9m 1.44% Unchanged
50 Crestline Management, L.P. 0.57% of their portfolio FORT WORTH, TX 200,000200.0k $3.9m $3.9m 0.57% New
51 Calamos Advisors LLC 0.02% of their portfolio NAPERVILLE, IL 191,391191.4k $3.7m $3.7m 0.02% Reduced -24.8k -24,790
52 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 183,118183.1k $3.6m $3.6m 0.00% First filing
53 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 181,961182.0k $3.5m $3.5m 0.00% Added +4.9k +4,865
54 South Dakota Investment Council 0.08% of their portfolio SIOUX FALLS, SD 176,930176.9k $3.4m $3.4m 0.08% Added +25.7k +25,700
55 Russell Investments Group, Ltd. 0.01% of their portfolio Seattle, WA 159,978160.0k $3.1m $3.1m 0.01% Reduced -4.5k -4,490
56 HRT FINANCIAL LP 0.05% of their portfolio NEW YORK, NY 159,384159.4k $3.1m $3.1m 0.05% Reduced -103.7k -103,716
57 TIG Advisors, LLC 0.21% of their portfolio New York, NY 156,437156.4k $3.0m $3.0m 0.21% Reduced -1.1m -1,077,010
58 GABELLI FUNDS LLC 0.02% of their portfolio Rye, NY 152,731152.7k $3.0m $3.0m 0.02% Added +56.7k +56,681
59 Demars Financial Group, LLC 1.62% of their portfolio SPOKANE VALLEY, WA 150,546150.5k $2.9m $2.9m 1.62% New
60 GROUP ONE TRADING LLC 0.09% of their portfolio CHICAGO, IL 139,902139.9k $2.7m $2.7m 0.09% Reduced -659 -659
61 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 135,658135.7k $2.6m $2.6m 0.00% Added +3.9k +3,891
62 Berry Street Capital Management LLP 1.28% of their portfolio LONDON, X0 125,000125.0k $2.4m $2.4m 1.28% New
63 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 123,389123.4k $2.4m $2.4m 0.00% Reduced -34 -34
64 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 109,277109.3k $2.1m $2.1m 0.00% Reduced -1.4m -1,399,303
65 GABELLI & Co INVESTMENT ADVISERS, INC. 0.45% of their portfolio Rye, NY 108,400108.4k $2.1m $2.1m 0.45% Added +32.8k +32,750
66 K2 PRINCIPAL FUND, L.P. 0.56% of their portfolio TORONTO, A6 104,665104.7k $2.0m $2.0m 0.56% Added +14.8k +14,763
67 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 103,614103.6k $2.0m $2.0m 0.00% Reduced -4.5k -4,458
68 BCK CAPITAL MANAGEMENT LP 2.07% of their portfolio STAMFORD, CT 103,500103.5k $2.0m $2.0m 2.07% Unchanged
69 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.01% of their portfolio TORONTO, A6 101,000101.0k $2.0m $2.0m 0.01% New
70 DLD Asset Management, LP 0.20% of their portfolio NEW YORK, NY 100,000100.0k $1.9m $1.9m 0.20% New
71 NATIONS FINANCIAL GROUP INC, /IA/ /ADV 0.22% of their portfolio CEDAR RAPIDS, IA 98,58398.6k $1.9m $1.9m 0.22% Reduced -4.3k -4,282
72 SUMMIT SECURITIES GROUP LLC 0.38% of their portfolio NEW YORK, NY 96,00096.0k $1.9m $1.9m 0.38% New
73 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 83,20783.2k $1.6m $1.6m 0.00% Added +12.9k +12,939
74 SG Americas Securities, LLC 0.02% of their portfolio NEW YORK, NY 80,86080.9k $1.6m $1.6m 0.02% Added +65.3k +65,314
75 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 80,34780.3k $1.6m $1.6m 0.00% Reduced -58 -58
76 PRELUDE CAPITAL MANAGEMENT, LLC 0.09% of their portfolio NEW YORK, NY 72,02072.0k $1.4m $1.4m 0.09% Reduced -36.2k -36,247
77 EQUITEC PROPRIETARY MARKETS, LLC 0.80% of their portfolio CHICAGO, IL 70,50070.5k $1.4m $1.4m 0.80% Unchanged
78 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 67,84167.8k $1.3m $1.3m 0.00% Reduced -22.8k -22,797
79 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 67,16767.2k $1.3m $1.3m 0.00% Added +735 +735
80 One68 Global Capital, LLC 3.97% of their portfolio NEW YORK, NY 66,00066.0k $1.3m $1.3m 3.97% First filing
81 Swiss National Bank 0.00% of their portfolio ZURICH, V8 65,70065.7k $1.3m $1.3m 0.00% Added +1.6k +1,600
82 WATER ISLAND CAPITAL LLC 0.10% of their portfolio NEW YORK, NY 61,43361.4k $1.2m $1.2m 0.10% Added +701 +701
83 Lombard Odier Asset Management (USA) Corp 0.18% of their portfolio New York, NY 56,91256.9k $1.1m $1.1m 0.18% Added +27.9k +27,927
84 MetLife Investment Management, LLC 0.01% of their portfolio Whippany, NJ 56,66956.7k $1.1m $1.1m 0.01% Unchanged
85 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 55,70655.7k $1.1m $1.1m 0.00% Added +738 +738
86 ALGERT GLOBAL LLC 0.06% of their portfolio SAN FRANCISCO, CA 55,47355.5k $1.1m $1.1m 0.06% Reduced -27.0k -27,030
87 AMERICAN INTERNATIONAL GROUP, INC. 0.01% of their portfolio New York, NY 51,57951.6k $1.0m $1.0m 0.01% Reduced -188 -188
88 BOOTHBAY FUND MANAGEMENT, LLC 0.03% of their portfolio NEW YORK, NY 51,31851.3k $999.7k $999.7k 0.03% New
89 Verition Fund Management LLC 0.02% of their portfolio GREENWICH, CT 50,80850.8k $989.7k $989.7k 0.02% Reduced -63.2k -63,174
90 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 50,48050.5k $983.4k $983.4k 0.00% Reduced -5.1k -5,110
91 Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio SEOUL, M5 46,76346.8k $910.9k $910.9k 0.00% Added +563 +563
92 Squarepoint Ops LLC 0.01% of their portfolio NEW YORK, NY 44,30744.3k $863.1k $863.1k 0.01% Unchanged
93 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 42,20442.2k $821.7k $821.7k 0.00% Reduced -2.4k -2,430
94 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 41,52941.5k $809.0k $809.0k 0.00% Reduced -298 -298
95 VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio ATLANTA, GA 41,47141.5k $807.9k $807.9k 0.00% Unchanged
96 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 41,39641.4k $806.0k $806.0k 0.00% Reduced -189 -189
97 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 40,39340.4k $786.9k $786.9k 0.00% Added +150 +150
98 Diametric Capital, LP 0.37% of their portfolio BOSTON, MA 39,17239.2k $763.1k $763.1k 0.37% Reduced -8.3k -8,325
99 Compagnie Lombard Odier SCmA 0.02% of their portfolio 1204 GENEVA, V8 37,12337.1k $723.0k $723.0k 0.02% Unchanged
100 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 35,28035.3k $687.3k $687.3k 0.00% Added +8.3k +8,267