Vault-13

SPIRIT AIRLS INC SAVE

COM · Common Stock · CUSIP 848577102 · ISIN US8485771021

206 institutional holders -20 vs Q4 2023
46,512,01446.5m shares reported held*
$225.9mreported value*
60 new 56 added 60 reduced 78 sold out net sold ≈ $93.2m (-19.3m 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. Holder counts are more reliable. Implied quarter-end price ≈ $4.86. Options: 29 managers hold calls ($121.5m notional), 44 hold puts ($254.1m).

Trends to Q1 2024

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 225Q4 22: 222Q1 23: 219Q2 23: 220Q3 23: 213Q4 23: 226Q1 24: 206206Q3 22Q1 23Q3 23Q1 24
Numbers
QuarterHolders
Q3 2022225
Q4 2022222
Q1 2023219
Q2 2023220
Q3 2023213
Q4 2023226
Q1 2024206

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q4 22: 91 bought or addedQ4 22: 103 cut or sold outQ4 22Q1 23: 103 bought or addedQ1 23: 102 cut or sold outQ1 23Q2 23: 91 bought or addedQ2 23: 110 cut or sold outQ2 23Q3 23: 110 bought or addedQ3 23: 86 cut or sold outQ3 23Q4 23: 122 bought or addedQ4 23: 92 cut or sold outQ4 23Q1 24: 116 bought or addedQ1 24: 138 cut or sold outQ1 24
Numbers
QuarterBought or addedCut or sold out
Q4 202291103
Q1 2023103102
Q2 202391110
Q3 202311086
Q4 202312292
Q1 2024116138

Calls vs puts

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

CallsPuts
$0$200m$400m$600m$800mQ2 23 calls: $189.5mQ2 23 puts: $86.1mQ2 23P/C 0.45Q3 23 calls: $252.8mQ3 23 puts: $163.3mQ3 23P/C 0.65Q4 23 calls: $538.8mQ4 23 puts: $639.3mQ4 23P/C 1.19Q1 24 calls: $121.5mQ1 24 puts: $254.1mQ1 24P/C 2.09
Numbers
QuarterCallsPutsP/C
Q2 2023$189.5m$86.1m0.45
Q3 2023$252.8m$163.3m0.65
Q4 2023$538.8m$639.3m1.19
Q1 2024$121.5m$254.1m2.09

Biggest buyers

D. E. Shaw & Co., Inc. Added +1,806,215+1.8m
MORGAN STANLEY Added +831,153+831.2k
Squarepoint Ops LLC Added +765,225+765.2k
BNP PARIBAS FINANCIAL MARKETS Added +704,134+704.1k
STATE STREET CORP Added +676,164+676.2k
Walleye Capital LLC New +616,347+616.3k
TWO SIGMA INVESTMENTS, LP New +551,499+551.5k
CITIGROUP INC Added +246,658+246.7k
TWO SIGMA ADVISERS, LP New +196,801+196.8k
Bayesian Capital Management, LP New +171,191+171.2k

Biggest sellers

NOMURA HOLDINGS INC Sold out -3,386,693-3.4m
Diameter Capital Partners LP Sold out -2,500,000-2.5m
Ancient Art, L.P. Sold out -1,825,295-1.8m
DIMENSIONAL FUND ADVISORS LP Reduced -1,267,879-1.3m
Calamos Advisors LLC Reduced -1,200,634-1.2m
Philosophy Capital Management LLC Sold out -1,004,638-1.0m
IPG Investment Advisors LLC Sold out -980,655-980.7k
CIBC WORLD MARKETS CORP Reduced -820,000-820.0k
SG Americas Securities, LLC Reduced -786,094-786.1k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -776,214-776.2k

Biggest calls

Skaana Management L.P. Reduced $65.2m171.6k shares
Silver Point Capital L.P. New $11.7m2.4m shares
SIMPLEX TRADING, LLC Added $9.4m1.9m shares
GROUP ONE TRADING LLC Reduced $6.8m1.4m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $4.3m891.0k shares
JANE STREET GROUP, LLC Reduced $4.1m845.0k shares
D. E. Shaw & Co., Inc. Reduced $3.3m690.0k shares
Walleye Trading LLC Reduced $3.2m666.8k shares
CITADEL ADVISORS LLC Reduced $3.0m622.1k shares
UBS Group AG Reduced $2.2m445.6k shares

Biggest puts

Skaana Management L.P. Added $92.0m242.0k shares
Graham Capital Management, L.P. New $22.3m4.6m shares
LMR Partners LLP Added $16.7m3.4m shares
Shaolin Capital Management LLC New $12.1m2.5m shares
III Capital Management Added $11.9m2.5m shares
JANE STREET GROUP, LLC Added $11.2m2.3m shares
Balyasny Asset Management L.P. Reduced $10.9m2.3m shares
Murchinson Ltd. New $9.0m1.9m shares
MILLENNIUM MANAGEMENT LLC Added $8.2m1.7m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $7.8m1.6m 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, Q1 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 10,491,94710.5m $50.8m $50.8m 0.00% Added +73.0k +73,044
2 BlackRock Inc. 0.00% of their portfolio New York, NY 7,857,4017.9m $38.0m $38.0m 0.00% Reduced -564.1k -564,143
3 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 3,276,8143.3m $15.9m $15.9m 0.00% Added +676.2k +676,164
4 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 2,381,8672.4m $11.5m $11.5m 0.00% Added +43.7k +43,673
5 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 2,099,7872.1m $10.2m $10.2m 0.00% Added +831.2k +831,153
6 D. E. Shaw & Co., Inc. 0.01% of their portfolio New York, NY 1,937,5921.9m $9.4m $9.4m 0.01% Added +1.8m +1,806,215
7 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 1,875,5051.9m $9.1m $9.1m 0.00% Reduced -1.3m -1,267,879
8 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 1,132,4781.1m $5.5m $5.5m 0.00% Reduced -45.2k -45,243
9 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 973,725973.7k $4.7m $4.7m 0.00% Reduced -731.1k -731,113
10 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 920,363920.4k $4.5m $4.5m 0.00% Reduced -41.2k -41,155
11 Squarepoint Ops LLC 0.02% of their portfolio NEW YORK, NY 804,793804.8k $3.9m $3.9m 0.02% Added +765.2k +765,225
12 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 804,492804.5k $3.9m $3.9m 0.00% Reduced -252.7k -252,732
13 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 790,468790.5k $3.8m $3.8m 0.00% Added +3.9k +3,850
14 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 733,846733.8k $3.6m $3.6m 0.00% Added +704.1k +704,134
15 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 626,421626.4k $3.0m $3.0m 0.00% Reduced -219.0k -219,036
16 Walleye Capital LLC 0.03% of their portfolio NEW YORK, NY 616,347616.3k $3.0m $3.0m 0.03% New
17 TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio NEW YORK, NY 551,499551.5k $2.7m $2.7m 0.01% New
18 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 496,477496.5k $2.4m $2.4m 0.00% Reduced -776.2k -776,214
19 CIBC WORLD MARKETS CORP 0.01% of their portfolio NEW YORK, NY 395,000395.0k $1.9m $1.9m 0.01% Reduced -820.0k -820,000
20 UBS Group AG 0.00% of their portfolio ZURICH, V8 362,362362.4k $1.8m $1.8m 0.00% Added +142.0k +142,006
21 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 331,151331.2k $1.6m $1.6m 0.00% Added +246.7k +246,658
22 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 322,193322.2k $1.6m $1.6m 0.00% Reduced -26.9k -26,905
23 READYSTATE ASSET MANAGEMENT LP 0.05% of their portfolio CHICAGO, IL 304,741304.7k $1.5m $1.5m 0.05% Added +117.3k +117,321
24 Susquehanna Portfolio Strategies, LLC 0.03% of their portfolio Bala Cynwyd, PA 265,586265.6k $1.3m $1.3m 0.03% Reduced -22.9k -22,888
25 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 255,235255.2k $1.2m $1.2m 0.00% Added +124.2k +124,178
26 TWO SIGMA ADVISERS, LP 0.00% of their portfolio NEW YORK, NY 196,801196.8k $952.5k $952.5k 0.00% New
27 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 184,829184.8k $894.6k $894.6k 0.00% Reduced -3.7k -3,749
28 Cubist Systematic Strategies, LLC 0.01% of their portfolio STAMFORD, CT 184,159184.2k $891.3k $891.3k 0.01% Added +123.2k +123,157
29 Bayesian Capital Management, LP 0.08% of their portfolio Brooklyn, NY 171,191171.2k $828.6k $828.6k 0.08% New
30 ROMAN BUTLER FULLERTON & CO 0.25% of their portfolio ST LOUIS, MO 167,438167.4k $654.7k $654.7k 0.25% Added +27.6k +27,562
31 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 160,896160.9k $778.7k $778.7k 0.00% Reduced -145.9k -145,851
32 FMR LLC 0.00% of their portfolio BOSTON, MA 160,857160.9k $778.5k $778.5k 0.00% Reduced -4.7k -4,681
33 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 152,322152.3k $737.2k $737.2k 0.00% Reduced -523.1k -523,068
34 Brevan Howard Capital Management LP 0.06% of their portfolio ST. HELIER, Y9 141,253141.3k $683.7k $683.7k 0.06% New
35 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 127,109127.1k $615.2k $615.2k 0.00% Reduced -131.4k -131,376
36 WHITEBOX ADVISORS LLC 0.02% of their portfolio MINNEAPOLIS, MN 125,000125.0k $605.0k $605.0k 0.02% New
37 Balyasny Asset Management L.P. 0.00% of their portfolio Chicago, IL 116,983117.0k $566.2k $566.2k 0.00% New
38 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 115,742115.7k $560.0k $560.0k 0.00% Added +46.6k +46,608
39 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 114,469114.5k $556.3k $556.3k 0.00% Added +89.7k +89,687
40 Calamos Advisors LLC 0.00% of their portfolio NAPERVILLE, IL 110,100110.1k $532.9k $532.9k 0.00% Reduced -1.2m -1,200,634
41 Virtu Financial LLC 0.04% of their portfolio New York, NY 102,478102.5k $496.0k $496.0k 0.04% New
42 FEDERATED HERMES, INC. 0.00% of their portfolio PITTSBURGH, PA 100,306100.3k $485.5k $485.5k 0.00% New
43 PAR CAPITAL MANAGEMENT INC 0.02% of their portfolio BOSTON, MA 100,000100.0k $484.0k $484.0k 0.02% Unchanged
44 NORGES BANK 0.00% of their portfolio OSLO, Q8 97,85797.9k $473.6k $473.6k 0.00% Added +76.7k +76,721
45 SkyView Investment Advisors, LLC 0.09% of their portfolio SHREWSBURY, NJ 96,44096.4k $467.0k $467.0k 0.09% Added +15.7k +15,692
46 Wealth Group Ltd 0.11% of their portfolio EDEN PRAIRIE, MN 93,70593.7k $356.1k $356.1k 0.11% Added +9.0k +9,020
47 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 90,49590.5k $438.0k $438.0k 0.00% Reduced -322.6k -322,641
48 Lombard Odier Asset Management (USA) Corp 0.06% of their portfolio New York, NY 81,13481.1k $392.7k $392.7k 0.06% New
49 Quantbot Technologies LP 0.02% of their portfolio NEW YORK, NY 74,48974.5k $360.5k $360.5k 0.02% Added +17.4k +17,350
50 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 73,62273.6k $357.0k $357.0k 0.00% Added +4.0k +3,955
51 SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.02% of their portfolio BALA CYNWYD, PA 72,63872.6k $351.6k $351.6k 0.02% New
52 OneDigital Investment Advisors LLC 0.01% of their portfolio OVERLAND PARK, KS 69,75069.8k $337.6k $337.6k 0.01% Added +5.2k +5,219
53 MAVERICK CAPITAL LTD 0.01% of their portfolio DALLAS, TX 65,62165.6k $317.6k $317.6k 0.01% Reduced -5.0k -4,963
54 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 64,40064.4k $311.7k $311.7k 0.00% Reduced -587.6k -587,618
55 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 63,25063.2k $306.1k $306.1k 0.00% Added +40.2k +40,236
56 Wealthfront Advisers LLC 0.00% of their portfolio Palo Alto, CA 62,84562.8k $304.2k $304.2k 0.00% New
57 TWO SIGMA SECURITIES, LLC 0.01% of their portfolio NEW YORK, NY 60,77260.8k $294.1k $294.1k 0.01% New
58 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 58,75858.8k $284.4k $284.4k 0.00% Added +3.3k +3,317
59 Tower Research Capital LLC (TRC) 0.01% of their portfolio NEW YORK, NY 56,99457.0k $275.9k $275.9k 0.01% Added +29.6k +29,630
60 MetLife Investment Management, LLC 0.00% of their portfolio Whippany, NJ 56,52856.5k $273.6k $273.6k 0.00% Reduced -1.2k -1,178
61 AMERICAN INTERNATIONAL GROUP, INC. 0.00% of their portfolio New York, NY 54,10454.1k $261.9k $261.9k 0.00% Reduced -465 -465
62 Swiss National Bank 0.00% of their portfolio ZURICH, V8 53,80053.8k $260.4k $260.4k 0.00% Unchanged
63 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 52,90252.9k $256.0k $256.0k 0.00% New
64 Edgestream Partners, L.P. 0.01% of their portfolio Princeton, NJ 52,00252.0k $251.7k $251.7k 0.01% Added +7.3k +7,306
65 PATTEN & PATTEN INC/TN 0.02% of their portfolio CHATTANOOGA, TN 50,50150.5k $244.4k $244.4k 0.02% New
66 CAPITAL ADVISORS INC/OK 0.01% of their portfolio TULSA, OK 50,00050.0k $242.0k $242.0k 0.01% Unchanged
67 XTX Topco Ltd 0.03% of their portfolio LONDON, X0 49,57849.6k $240.0k $240.0k 0.03% New
68 Verition Fund Management LLC 0.00% of their portfolio GREENWICH, CT 49,28849.3k $238.6k $238.6k 0.00% Reduced -228.1k -228,092
69 Schonfeld Strategic Advisors LLC 0.00% of their portfolio NEW YORK, NY 49,19249.2k $238.1k $238.1k 0.00% Added +47.7k +47,720
70 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 48,76948.8k $236.0k $236.0k 0.00% Added +1.4k +1,364
71 HARBOR CAPITAL ADVISORS, INC. 0.03% of their portfolio CHICAGO, IL 47,07347.1k $228.0k $228.0k 0.03% New
72 Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio SEOUL, M5 46,76346.8k $781.4k $781.4k 0.00% Reduced -2.6k -2,628
73 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 45,43845.4k $219.9k $219.9k 0.00% Added +19.6k +19,559
74 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 44,63544.6k $216.0k $216.0k 0.00% Reduced -276 -276
75 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 44,34844.3k $214.6k $214.6k 0.00% Reduced -64.9k -64,947
76 TOTAL INVESTMENT MANAGEMENT INC 0.03% of their portfolio SCOTTSDALE, AZ 43,49643.5k $210.5k $210.5k 0.03% Added +2.2k +2,159
77 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 41,49441.5k $200.8k $200.8k 0.00% Added +297 +297
78 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 38,34538.3k $185.6k $185.6k 0.00% Reduced -490.2k -490,211
79 SG Americas Securities, LLC 0.00% of their portfolio NEW YORK, NY 38,33238.3k $186.0k $186.0k 0.00% Reduced -786.1k -786,094
80 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 37,32737.3k $180.7k $180.7k 0.00% New
81 SHERBROOKE PARK ADVISERS LLC 0.04% of their portfolio WHITE PLAINS, NY 37,23437.2k $180.2k $180.2k 0.04% New
82 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 35,57735.6k $172.2k $172.2k 0.00% Reduced -6.8k -6,792
83 VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio ATLANTA, GA 35,32135.3k $171.0k $171.0k 0.00% Reduced -8.8k -8,770
84 Maven Securities LTD 0.01% of their portfolio ST HELIER, Y9 35,00035.0k $169.4k $169.4k 0.01% New
85 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 34,59634.6k $167.4k $167.4k 0.00% Reduced -60.9k -60,919
86 STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio TALLAHASSEE, FL 34,35134.4k $589.8k $589.8k 0.00% Added +3.0k +3,020
87 Legacy Financial Advisors, Inc. 0.03% of their portfolio COVINGTON, KY 34,00034.0k $164.6k $164.6k 0.03% New
88 SUMMIT SECURITIES GROUP LLC 0.08% of their portfolio NEW YORK, NY 33,89033.9k $164.0k $164.0k 0.08% Added +26.9k +26,900
89 Legal & General Group Plc 0.00% of their portfolio London, X0 33,48233.5k $162.1k $162.1k 0.00% Reduced -252 -252
90 Handelsbanken Fonder AB 0.00% of their portfolio STOCKHOLM, V7 32,60032.6k $158.0k $158.0k 0.00% Unchanged
91 EARNED WEALTH ADVISORS, LLC 0.06% of their portfolio WALNUT CREEK, CA 30,52230.5k $147.7k $147.7k 0.06% New
92 CTC Alternative Strategies, Ltd. 0.09% of their portfolio CHICAGO, IL 30,31130.3k $146.7k $146.7k 0.09% Added +311 +311
93 ANGELES WEALTH MANAGEMENT, LLC 0.01% of their portfolio SANTA MONICA, CA 29,68929.7k $143.7k $143.7k 0.01% New
94 Counterpoint Mutual Funds LLC 0.03% of their portfolio San Diego, CA 29,37929.4k $142.2k $142.2k 0.03% New
95 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 27,90227.9k $135.0k $135.0k 0.00% Added +15.5k +15,527
96 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 26,89026.9k $131.0k $131.0k 0.00% Reduced -137.1k -137,063
97 Chevy Chase Trust Holdings, LLC 0.00% of their portfolio BETHESDA, MD 26,00026.0k $125.8k $125.8k 0.00% Unchanged
98 CIM INVESTMENT MANAGEMENT INC 0.04% of their portfolio PITTSBURGH, PA 25,93725.9k $125.5k $125.5k 0.04% Unchanged
99 IRONWOOD INVESTMENT MANAGEMENT LLC 0.06% of their portfolio BOSTON, MA 25,83025.8k $125.0k $125.0k 0.06% Reduced -1.2k -1,217
100 Hudson Bay Capital Management LP 0.00% of their portfolio STAMFORD, CT 24,60024.6k $119.1k $119.1k 0.00% New