Vault-13

SPIRIT AIRLS INC SAVE

COM · Common Stock · CUSIP 848577102 · ISIN US8485771021

194 institutional holders -12 vs Q1 2024
38,714,16138.7m shares reported held*
$141.6mreported value*
40 new 48 added 53 reduced 56 sold out net sold ≈ $28.9m (-7.9m 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 ≈ $3.66. Options: 31 managers hold calls ($38.0m notional), 40 hold puts ($125.5m).

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 225Q4 22: 222Q1 23: 219Q2 23: 220Q3 23: 213Q4 23: 226Q1 24: 206Q2 24: 194194Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 2022225
Q4 2022222
Q1 2023219
Q2 2023220
Q3 2023213
Q4 2023226
Q1 2024206
Q2 2024194

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 outQ2 23: 91 bought or addedQ2 23: 110 cut or sold outQ2 23Q3 23: 110 bought or addedQ3 23: 86 cut or sold outQ4 23: 122 bought or addedQ4 23: 92 cut or sold outQ4 23Q1 24: 116 bought or addedQ1 24: 138 cut or sold outQ2 24: 88 bought or addedQ2 24: 109 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 202291103
Q1 2023103102
Q2 202391110
Q3 202311086
Q4 202312292
Q1 2024116138
Q2 202488109

Calls vs puts

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

CallsPuts
$0$200m$400m$600m$800mQ3 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 2.09Q2 24 calls: $38.0mQ2 24 puts: $125.5mQ2 24P/C 3.30
Numbers
QuarterCallsPutsP/C
Q3 2023$252.8m$163.3m0.65
Q4 2023$538.8m$639.3m1.19
Q1 2024$121.5m$254.1m2.09
Q2 2024$38.0m$125.5m3.30

Biggest buyers

LMR Partners LLP New +1,000,000+1.0m
GOLDMAN SACHS GROUP INC Added +572,239+572.2k
FEDERATED HERMES, INC. Added +332,188+332.2k
BlackRock Inc. Added +268,978+269.0k
ALLIANCEBERNSTEIN L.P. Added +105,570+105.6k
GEODE CAPITAL MANAGEMENT, LLC Added +101,610+101.6k
BANK OF MONTREAL /CAN/ Added +95,589+95.6k
OneDigital Investment Advisors LLC Added +90,642+90.6k
AQR CAPITAL MANAGEMENT LLC New +83,468+83.5k
Brevan Howard Capital Management LP Added +70,892+70.9k

Biggest sellers

VANGUARD GROUP INC Reduced -2,399,448-2.4m
MORGAN STANLEY Reduced -1,539,868-1.5m
MILLENNIUM MANAGEMENT LLC Reduced -945,489-945.5k
Squarepoint Ops LLC Reduced -715,930-715.9k
DIMENSIONAL FUND ADVISORS LP Reduced -625,743-625.7k
Walleye Capital LLC Reduced -582,762-582.8k
STATE STREET CORP Reduced -538,006-538.0k
TWO SIGMA INVESTMENTS, LP Reduced -439,713-439.7k
CIBC WORLD MARKETS CORP Sold out -395,000-395.0k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -351,011-351.0k

Biggest calls

GROUP ONE TRADING LLC Added $8.0m2.2m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $4.9m1.3m shares
Silver Point Capital L.P. Reduced $3.4m919.1k shares
JANE STREET GROUP, LLC Added $3.3m911.5k shares
SIMPLEX TRADING, LLC Reduced $2.7m745.5k shares
Walleye Trading LLC Added $2.7m732.1k shares
CITADEL ADVISORS LLC Reduced $2.2m603.2k shares
D. E. Shaw & Co., Inc. Reduced $2.1m580.0k shares
Marathon Trading Investment Management LLC Added $1.4m392.5k shares
UBS Group AG Reduced $1.3m349.9k shares

Biggest puts

Graham Capital Management, L.P. Added $31.2m8.5m shares
Kore Advisors LP Added $16.5m4.5m shares
LMR Partners LLP Reduced $12.2m3.3m shares
III Capital Management Reduced $8.3m2.3m shares
JANE STREET GROUP, LLC Reduced $7.5m2.0m shares
SIMPLEX TRADING, LLC Added $6.7m1.8m shares
CITADEL ADVISORS LLC Added $4.5m1.2m shares
Balyasny Asset Management L.P. Reduced $4.0m1.1m shares
BOOTHBAY FUND MANAGEMENT, LLC Reduced $3.4m939.9k shares
BlackRock Inc. New $3.1m850.0k 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, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BlackRock Inc. 0.00% of their portfolio New York, NY 8,126,3798.1m $29.7m $29.7m 0.00% Added +269.0k +268,978
2 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 8,092,4998.1m $29.6m $29.6m 0.00% Reduced -2.4m -2,399,448
3 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 2,738,8082.7m $10.0m $10.0m 0.00% Reduced -538.0k -538,006
4 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 2,483,4772.5m $9.1m $9.1m 0.00% Added +101.6k +101,610
5 D. E. Shaw & Co., Inc. 0.01% of their portfolio New York, NY 1,976,3042.0m $7.2m $7.2m 0.01% Added +38.7k +38,712
6 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 1,249,7621.2m $4.6m $4.6m 0.00% Reduced -625.7k -625,743
7 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 1,079,9621.1m $4.0m $4.0m 0.00% Reduced -52.5k -52,516
8 LMR Partners LLP 0.08% of their portfolio LONDON, X0 1,000,0001.0m $3.7m $3.7m 0.08% New
9 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 893,967894.0k $3.3m $3.3m 0.00% Reduced -26.4k -26,396
10 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 856,488856.5k $3.1m $3.1m 0.00% Added +52.0k +51,996
11 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 745,469745.5k $2.7m $2.7m 0.00% Added +11.6k +11,623
12 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 724,561724.6k $2.7m $2.7m 0.00% Added +572.2k +572,239
13 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 559,919559.9k $2.0m $2.0m 0.00% Reduced -1.5m -1,539,868
14 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 518,696518.7k $1.9m $1.9m 0.00% Reduced -271.8k -271,772
15 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 465,854465.9k $1.7m $1.7m 0.00% Reduced -160.6k -160,567
16 FEDERATED HERMES, INC. 0.00% of their portfolio PITTSBURGH, PA 432,494432.5k $1.6m $1.6m 0.00% Added +332.2k +332,188
17 UBS Group AG 0.00% of their portfolio ZURICH, V8 404,239404.2k $1.5m $1.5m 0.00% Added +41.9k +41,877
18 Susquehanna Portfolio Strategies, LLC 0.04% of their portfolio Bala Cynwyd, PA 265,586265.6k $972.0k $972.0k 0.04% Unchanged
19 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 251,758251.8k $921.4k $921.4k 0.00% Reduced -3.5k -3,477
20 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 225,660225.7k $825.9k $825.9k 0.00% Reduced -105.5k -105,491
21 Brevan Howard Capital Management LP 0.05% of their portfolio ST. HELIER, Y9 212,145212.1k $776.5k $776.5k 0.05% Added +70.9k +70,892
22 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 210,058210.1k $768.8k $768.8k 0.00% Added +95.6k +95,589
23 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 186,056186.1k $680.9k $680.9k 0.00% Added +1.2k +1,227
24 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 179,934179.9k $658.6k $658.6k 0.00% Added +19.0k +19,038
25 ROMAN BUTLER FULLERTON & CO 0.18% of their portfolio ST LOUIS, MO 178,033178.0k $543.0k $543.0k 0.18% Added +10.6k +10,595
26 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 169,970170.0k $622.1k $622.1k 0.00% Added +105.6k +105,570
27 OneDigital Investment Advisors LLC 0.01% of their portfolio OVERLAND PARK, KS 160,392160.4k $587.0k $587.0k 0.01% Added +90.6k +90,642
28 Balyasny Asset Management L.P. 0.00% of their portfolio Chicago, IL 159,060159.1k $582.2k $582.2k 0.00% Added +42.1k +42,077
29 FMR LLC 0.00% of their portfolio BOSTON, MA 158,323158.3k $579.5k $579.5k 0.00% Reduced -2.5k -2,534
30 SkyView Investment Advisors, LLC 0.10% of their portfolio SHREWSBURY, NJ 145,844145.8k $534.0k $534.0k 0.10% Added +49.4k +49,404
31 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 145,466145.5k $532.4k $532.4k 0.00% Reduced -351.0k -351,011
32 WHITEBOX ADVISORS LLC 0.02% of their portfolio MINNEAPOLIS, MN 140,000140.0k $512.4k $512.4k 0.02% Added +15.0k +15,000
33 READYSTATE ASSET MANAGEMENT LP 0.02% of their portfolio CHICAGO, IL 128,134128.1k $469.0k $469.0k 0.02% Reduced -176.6k -176,607
34 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 127,109127.1k $465.2k $465.2k 0.00% Unchanged
35 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 111,786111.8k $409.1k $409.1k 0.00% Reduced -439.7k -439,713
36 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 110,221110.2k $403.4k $403.4k 0.00% Reduced -212.0k -211,972
37 Calamos Advisors LLC 0.00% of their portfolio NAPERVILLE, IL 110,100110.1k $403.0k $403.0k 0.00% Unchanged
38 SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.01% of their portfolio BALA CYNWYD, PA 101,059101.1k $369.9k $369.9k 0.01% Added +28.4k +28,421
39 PAR CAPITAL MANAGEMENT INC 0.01% of their portfolio BOSTON, MA 100,000100.0k $366.0k $366.0k 0.01% Unchanged
40 Wealth Group Ltd 0.10% of their portfolio EDEN PRAIRIE, MN 93,70593.7k $343.0k $343.0k 0.10% Unchanged
41 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 93,58593.6k $342.5k $342.5k 0.00% Added +3.1k +3,090
42 Squarepoint Ops LLC 0.00% of their portfolio NEW YORK, NY 88,86388.9k $325.2k $325.2k 0.00% Reduced -715.9k -715,930
43 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 83,46883.5k $305.5k $305.5k 0.00% New
44 Virtu Financial LLC 0.02% of their portfolio New York, NY 80,05680.1k $293.0k $293.0k 0.02% Reduced -22.4k -22,422
45 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 76,99177.0k $282.0k $282.0k 0.00% Added +3.4k +3,369
46 PATTEN & PATTEN INC/TN 0.02% of their portfolio CHATTANOOGA, TN 75,03575.0k $274.6k $274.6k 0.02% Added +24.5k +24,534
47 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 67,00667.0k $245.2k $245.2k 0.00% Added +8.2k +8,248
48 MetLife Investment Management, LLC 0.00% of their portfolio Whippany, NJ 63,24663.2k $231.5k $231.5k 0.00% Added +6.7k +6,718
49 III Capital Management 0.01% of their portfolio BOCA RATON, FL 62,40062.4k $228.4k $228.4k 0.01% New
50 Wealthfront Advisers LLC 0.00% of their portfolio Palo Alto, CA 59,96960.0k $219.5k $219.5k 0.00% Reduced -2.9k -2,876
51 Corebridge Financial, Inc. 0.00% of their portfolio HOUSTON, TX 59,05659.1k $216.1k $216.1k 0.00% First filing
52 TWO SIGMA SECURITIES, LLC 0.01% of their portfolio NEW YORK, NY 57,66857.7k $211.1k $211.1k 0.01% Reduced -3.1k -3,104
53 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio CAUSEWAY BAY, K3 55,31855.3k $202.5k $202.5k 0.00% First filing
54 Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio ST. PETERSBURG, FL 51,78651.8k $189.5k $189.5k 0.00% Added +36.1k +36,092
55 Jefferies Financial Group Inc. 0.00% of their portfolio NEW YORK, NY 50,00050.0k $183.0k $183.0k 0.00% New
56 CAPITAL ADVISORS INC/OK 0.00% of their portfolio TULSA, OK 50,00050.0k $183.0k $183.0k 0.00% Unchanged
57 Sculptor Capital LP 0.00% of their portfolio New York, NY 50,00050.0k $183.0k $183.0k 0.00% New
58 Verition Fund Management LLC 0.00% of their portfolio GREENWICH, CT 48,54548.5k $177.7k $177.7k 0.00% Reduced -743 -743
59 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 45,64245.6k $167.0k $167.0k 0.00% Added +1.3k +1,294
60 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 44,59344.6k $163.2k $163.2k 0.00% Reduced -845 -845
61 HARBOR CAPITAL ADVISORS, INC. 0.01% of their portfolio CHICAGO, IL 44,29044.3k $162.0k $162.0k 0.01% Reduced -2.8k -2,783
62 TOTAL INVESTMENT MANAGEMENT INC 0.02% of their portfolio SCOTTSDALE, AZ 44,21544.2k $161.8k $161.8k 0.02% Added +719 +719
63 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 42,48042.5k $155.5k $155.5k 0.00% Added +986 +986
64 Engineers Gate Manager LP 0.00% of their portfolio NEW YORK, NY 42,34442.3k $155.0k $155.0k 0.00% New
65 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 39,80739.8k $145.7k $145.7k 0.00% Reduced -9.0k -8,962
66 EARNED WEALTH ADVISORS, LLC 0.05% of their portfolio WALNUT CREEK, CA 36,72236.7k $134.4k $134.4k 0.05% Added +6.2k +6,200
67 VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio ATLANTA, GA 36,54736.5k $133.8k $133.8k 0.00% Added +1.2k +1,226
68 Cerity Partners LLC 0.00% of their portfolio NEW YORK, NY 35,06835.1k $128.3k $128.3k 0.00% New
69 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 34,71334.7k $127.0k $127.0k 0.00% Reduced -28.5k -28,537
70 Legacy Financial Advisors, Inc. 0.02% of their portfolio COVINGTON, KY 34,00034.0k $124.4k $124.4k 0.02% Unchanged
71 Walleye Capital LLC 0.00% of their portfolio NEW YORK, NY 33,58533.6k $122.9k $122.9k 0.00% Reduced -582.8k -582,762
72 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 32,09532.1k $117.5k $117.5k 0.00% Reduced -24.9k -24,899
73 SHERBROOKE PARK ADVISERS LLC 0.02% of their portfolio WHITE PLAINS, NY 31,33931.3k $114.7k $114.7k 0.02% Reduced -5.9k -5,895
74 STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio TALLAHASSEE, FL 31,33131.3k $114.7k $114.7k 0.00% Reduced -3.0k -3,020
75 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 30,71830.7k $112.4k $112.4k 0.00% Added +10.6k +10,580
76 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 30,52330.5k $111.6k $111.6k 0.00% Reduced -85.2k -85,219
77 ANGELES WEALTH MANAGEMENT, LLC 0.01% of their portfolio SANTA MONICA, CA 29,68929.7k $108.7k $108.7k 0.01% Unchanged
78 GW HENSSLER & ASSOCIATES LTD 0.01% of their portfolio KENNESAW, GA 28,50028.5k $104.3k $104.3k 0.01% New
79 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 28,23628.2k $103.3k $103.3k 0.00% Reduced -945.5k -945,489
80 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 25,51525.5k $93.0k $93.0k 0.00% Reduced -2.4k -2,387
81 Sigma Planning Corp 0.00% of their portfolio ANN ARBOR, MI 25,33625.3k $92.7k $92.7k 0.00% Added +5.8k +5,801
82 IRONWOOD INVESTMENT MANAGEMENT LLC 0.05% of their portfolio BOSTON, MA 25,29825.3k $92.6k $92.6k 0.05% Reduced -532 -532
83 WOLVERINE TRADING, LLC 0.00% of their portfolio CHICAGO, IL 25,07225.1k $91.8k $91.8k 0.00% New
84 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 24,72624.7k $90.5k $90.5k 0.00% Reduced -19.9k -19,909
85 SG Americas Securities, LLC 0.00% of their portfolio NEW YORK, NY 23,66523.7k $87.0k $87.0k 0.00% Reduced -14.7k -14,667
86 OMERS ADMINISTRATION Corp 0.00% of their portfolio TORONTO, A6 23,50023.5k $86.0k $86.0k 0.00% New
87 Scientech Research LLC 0.02% of their portfolio JERSEY CITY, NJ 22,22322.2k $81.3k $81.3k 0.02% New
88 XTX Topco Ltd 0.01% of their portfolio LONDON, X0 22,02522.0k $80.6k $80.6k 0.01% Reduced -27.6k -27,553
89 Arete Wealth Advisors, LLC 0.01% of their portfolio CHICAGO, IL 21,83121.8k $79.0k $79.0k 0.01% New
90 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 20,95821.0k $77.0k $77.0k 0.00% Reduced -2.3k -2,300
91 CIM INVESTMENT MANAGEMENT INC 0.02% of their portfolio PITTSBURGH, PA 20,95521.0k $76.7k $76.7k 0.02% Reduced -5.0k -4,982
92 Quinn Opportunity Partners LLC 0.01% of their portfolio CHARLOTTESVILLE, VA 20,00020.0k $73.2k $73.2k 0.01% New
93 Intrepid Financial Planning Group LLC 0.03% of their portfolio CARMEL, IN 19,60119.6k $71.7k $71.7k 0.03% Reduced -240 -240
94 Advisor Resource Council 0.08% of their portfolio DALLAS, TX 19,02219.0k $69.6k $69.6k 0.08% New
95 NISA INVESTMENT ADVISORS, LLC 0.00% of their portfolio ST. LOUIS, MO 18,66318.7k $68.3k $68.3k 0.00% Added +16.9k +16,886
96 Avion Wealth 0.02% of their portfolio THE WOODLANDS, TX 18,00518.0k $65.0k $65.0k 0.02% Unchanged
97 SeaCrest Wealth Management, LLC 0.01% of their portfolio PURCHASE, NY 17,20417.2k $63.0k $63.0k 0.01% New
98 Farther Finance Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 16,99017.0k $60.1k $60.1k 0.00% Unchanged
99 Corton Capital Inc. 0.03% of their portfolio Carrying Place, A6 15,07215.1k $55.2k $55.2k 0.03% New
100 Baron Wealth Management LLC 0.03% of their portfolio TROY, MI 15,00415.0k $54.9k $54.9k 0.03% New