Who owns VLRS
Which tracked institutional funds hold VLRS, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See VLRS company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-09-22). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
23 tracked funds added or opened VLRS while 10 trimmed or exited it between 2026-Q1 and 2026-Q2 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
VLRS’s largest tracked holder by dollar value, Indigo Partners LLC, sizes it at 44.0% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 44.0pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in VLRS divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2026-Q1 and 2026-Q2, across 72 tracked filers holding VLRS, 31 increased or opened the position and 49 reduced or closed it; over the same quarter, open-market insider Form 4s were net sales.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in VLRS between the 2026-Q1 and 2026-Q2 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 2
- Diversify Advisory Services, LLC$2M
- WINTON GROUP Ltd$653K
Full exits 7
- Dorsey Wright & Associates$2M
- ACADIAN ASSET MANAGEMENT LLC$2M
- ENVESTNET ASSET MANAGEMENT INC$2M
- LPL Financial LLC$983K
- AdvisorShares Investments LLC$860K
- HRT FINANCIAL LP$533K
Largest adds
- Indigo Partners LLC$45M
- WELLINGTON MANAGEMENT GROUP LLP$11M
- Thomist Capital Management, LP$5M
- GOLDMAN SACHS GROUP INC$4M
- Long Focus Capital Management, LLC$3M
- Teewinot Capital Advisers, L.L.C.$3M
Largest trims
- XTX Topco Ltd$1M
- ANTIPODES PARTNERS Ltd$1M
- STIFEL FINANCIAL CORP$416K
Institutional holders
One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| Indigo Partners LLC | 21,257,566 | $199M | 45.6% | 2026-Q2 |
| WELLINGTON MANAGEMENT GROUP LLP added | 4,619,543 | $43M | 9.9% | 2026-Q2 |
| Thomist Capital Management, LP added | 1,754,714 | $16M | 3.8% | 2026-Q2 |
| Long Focus Capital Management, LLC | 1,640,000 | $15M | 3.5% | 2026-Q2 |
| Teewinot Capital Advisers, L.L.C. | 1,495,062 | $14M | 3.2% | 2026-Q2 |
| MORGAN STANLEY trimmed | 1,196,606 | $11M | 2.6% | 2026-Q2 |
| DISCOVERY CAPITAL MANAGEMENT, LLC / CT | 964,171 | $9M | 2.1% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC added | 775,665 | $7M | 1.7% | 2026-Q2 |
| AMERICAN CENTURY COMPANIES INC added | 767,690 | $7M | 1.6% | 2026-Q2 |
| Walleye Capital LLC added | 715,407 | $7M | 1.5% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ added | 644,547 | $6M | 1.4% | 2026-Q2 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added | 491,984 | $5M | 1.1% | 2026-Q2 |
| Ancient Art, L.P. | 406,139 | $4M | 0.9% | 2026-Q2 |
| JPMORGAN CHASE & CO added | 318,975 | $3M | 0.7% | 2026-Q2 |
| BARCLAYS PLC added | 263,767 | $2M | 0.6% | 2026-Q2 |
| Diametric Capital, LP added | 252,959 | $2M | 0.5% | 2026-Q2 |
| Jump Financial, LLC added | 250,998 | $2M | 0.5% | 2026-Q2 |
| Empowered Funds, LLC added | 246,860 | $2M | 0.5% | 2026-Q2 |
| JANE STREET GROUP, LLC added | 239,569 | $2M | 0.5% | 2026-Q2 |
| DIMENSIONAL FUND ADVISORS LP trimmed | 229,532 | $2M | 0.5% | 2026-Q2 |
| Diversify Advisory Services, LLC new | 212,240 | $2M | 0.4% | 2026-Q2 |
| DIVERSIFY WEALTH MANAGEMENT, LLC added | 212,240 | $2M | 0.4% | 2026-Q2 |
| BNP PARIBAS FINANCIAL MARKETS added | 149,800 | $1M | 0.3% | 2026-Q2 |
| Birnam Oak Advisors, LP added | 130,158 | $1M | 0.3% | 2026-Q2 |
| M&T Bank Corp trimmed | 126,915 | $1M | 0.3% | 2026-Q2 |
| UBS Group AG trimmed | 90,342 | $847K | 0.2% | 2026-Q2 |
| Numerai GP LLC trimmed | 70,229 | $658K | 0.2% | 2026-Q2 |
| WINTON GROUP Ltd new | 69,700 | $653K | 0.1% | 2026-Q2 |
| ANTIPODES PARTNERS Ltd trimmed | 65,647 | $615K | 0.1% | 2026-Q2 |
| Farther Finance Advisors, LLC trimmed | 64,001 | $600K | 0.1% | 2026-Q2 |
| STATE STREET CORP trimmed | 59,112 | $554K | 0.1% | 2026-Q2 |
| STIFEL FINANCIAL CORP trimmed | 50,153 | $470K | 0.1% | 2026-Q2 |
| XTX Topco Ltd trimmed | 48,426 | $454K | 0.1% | 2026-Q2 |
| Engineers Gate Manager LP trimmed | 43,975 | $412K | 0.1% | 2026-Q2 |
| Cresset Asset Management, LLC | 41,504 | $389K | 0.1% | 2026-Q2 |
| PRIMECAP MANAGEMENT CO/CA/ | 41,000 | $384K | 0.1% | 2026-Q2 |
| CITADEL ADVISORS LLC added | 39,989 | $375K | 0.1% | 2026-Q2 |
| PRELUDE CAPITAL MANAGEMENT, LLC trimmed | 34,012 | $319K | 0.1% | 2026-Q2 |
| HB Wealth Management, LLC | 33,018 | $309K | 0.1% | 2026-Q2 |
| CONFLUENCE INVESTMENT MANAGEMENT LLC added | 30,676 | $287K | 0.1% | 2026-Q2 |
| MARSHALL WACE, LLP | 23,518 | $220K | 0.1% | 2026-Q2 |
| Inspire Advisors, LLC added | 20,724 | $194K | 0.0% | 2026-Q2 |
| OPPENHEIMER & CO INC | 20,450 | $192K | 0.0% | 2026-Q2 |
| Savant Capital, LLC trimmed | 20,357 | $191K | 0.0% | 2026-Q2 |
| NewEdge Wealth, LLC | 20,000 | $187K | 0.0% | 2026-Q2 |
| State of Wyoming trimmed | 15,202 | $142K | 0.0% | 2026-Q2 |
| MMA ASSET MANAGEMENT LLC | 15,000 | $141K | 0.0% | 2026-Q2 |
| Persistent Asset Partners Ltd new | 14,654 | $137K | 0.0% | 2026-Q2 |
| Allegheny Financial Group trimmed | 13,681 | $128K | 0.0% | 2026-Q2 |
| Voleon Capital Management LP new | 13,268 | $124K | 0.0% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 11,321 | $106K | 0.0% | 2026-Q2 |
| INSIGNEO ADVISORY SERVICES, LLC | 11,080 | $104K | 0.0% | 2026-Q2 |
| Quadrature Capital Ltd trimmed | 10,238 | $96K | 0.0% | 2026-Q2 |
| CITIGROUP INC trimmed | 3,285 | $31K | 0.0% | 2026-Q2 |
| GAMMA Investing LLC added | 3,265 | $31K | 0.0% | 2026-Q2 |
| Rockefeller Capital Management L.P. | 2,698 | $25K | 0.0% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN | 1,649 | $15K | 0.0% | 2026-Q2 |
| Elequin Capital, LP trimmed | 1,318 | $12K | 0.0% | 2026-Q2 |
| OSAIC HOLDINGS, INC. trimmed | 1,317 | $12K | 0.0% | 2026-Q2 |
| RHUMBLINE ADVISERS | 1,074 | $10K | 0.0% | 2026-Q2 |
| EverSource Wealth Advisors, LLC added | 892 | $8K | 0.0% | 2026-Q2 |
| GROUP ONE TRADING LLC trimmed | 724 | $7K | 0.0% | 2026-Q2 |
| Parallel Advisors, LLC | 527 | $5K | 0.0% | 2026-Q2 |
| SIMPLEX TRADING, LLC trimmed | 393 | $4K | 0.0% | 2026-Q2 |
| ISLAY CAPITAL MANAGEMENT, LLC | 350 | $3K | 0.0% | 2026-Q2 |
| Stone House Investment Management, LLC added | 233 | $2K | 0.0% | 2026-Q2 |
| ROYAL BANK OF CANADA trimmed | 123 | $1K | 0.0% | 2026-Q2 |
| Larson Financial Group LLC trimmed | 94 | $881 | 0.0% | 2026-Q2 |
| Physician Wealth Advisors, Inc. | 79 | $741 | 0.0% | 2026-Q2 |
| Caitong International Asset Management Co., Ltd trimmed | 71 | $665 | 0.0% | 2026-Q2 |
| NATIONAL BANK OF CANADA /FI/ new | 5 | $47 | 0.0% | 2026-Q2 |
| ROTHSCHILD INVESTMENT LLC | 1 | $9 | 0.0% | 2026-Q2 |
| Dorsey Wright & Associates new | 254,208 | $2M | 0.4% | 2026-Q1 stale (1 quarter behind) |
| ACADIAN ASSET MANAGEMENT LLC added | 218,775 | $2M | 0.4% | 2026-Q1 stale (1 quarter behind) |
| ENVESTNET ASSET MANAGEMENT INC added | 210,259 | $2M | 0.3% | 2026-Q1 stale (1 quarter behind) |
| LPL Financial LLC added | 135,802 | $983K | 0.2% | 2026-Q1 stale (1 quarter behind) |
| AdvisorShares Investments LLC new | 118,837 | $860K | 0.2% | 2026-Q1 stale (1 quarter behind) |
| HRT FINANCIAL LP added | 73,630 | $533K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| GSA CAPITAL PARTNERS LLP new | 69,445 | $503K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| Janney Montgomery Scott LLC new | 64,901 | $470K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| Aquatic Capital Management LLC added | 55,805 | $404K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| Burns Matteson Capital Management, LLC new | 51,551 | $373K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| MILLENNIUM MANAGEMENT LLC trimmed | 51,403 | $372K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| Atria Investments, Inc new | 43,110 | $312K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| SkyView Investment Advisors, LLC added | 41,003 | $297K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| Cetera Investment Advisers new | 35,629 | $258K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| Fundamenta Capital S.A. new | 33,915 | $246K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| Police & Firemen's Retirement System of New Jersey new | 30,632 | $222K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| PERSONAL CFO SOLUTIONS, LLC new | 30,516 | $221K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| North of South Capital LLP trimmed | 3,996,297 | $35M | 8.1% | 2025-Q4 stale (2 quarters behind) |
| Fourth Sail Capital LP added | 757,761 | $7M | 1.5% | 2025-Q4 stale (2 quarters behind) |
| Connor, Clark & Lunn Investment Management Ltd. added | 210,474 | $2M | 0.4% | 2025-Q4 stale (2 quarters behind) |
| Janney Capital Management LLC trimmed | 55,120 | $489K | 0.1% | 2025-Q4 stale (2 quarters behind) |
| Banco BTG Pactual S.A. trimmed | 70,000 | $503K | 0.1% | 2025-Q3 stale (3 quarters behind) |
| Schonfeld Strategic Advisors LLC added | 58,177 | $418K | 0.1% | 2025-Q3 stale (3 quarters behind) |
| WOLVERINE TRADING, LLC added | 37,513 | $256K | 0.1% | 2025-Q3 stale (3 quarters behind) |
| CANADA PENSION PLAN INVESTMENT BOARD | 296,981 | $1M | 0.3% | 2025-Q2 stale (4 quarters behind) |
| VICTORY CAPITAL MANAGEMENT INC | 184,952 | $879K | 0.2% | 2025-Q2 stale (4 quarters behind) |
| Acuitas Investments, LLC | 79,400 | $377K | 0.1% | 2025-Q2 stale (4 quarters behind) |
| Shay Capital LLC new | 45,000 | $214K | 0.0% | 2025-Q2 stale (4 quarters behind) |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.