Who owns VLRS (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-Q1 13F filings. 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
25 tracked funds added or opened VLRS while 16 trimmed or exited it between 2025-Q4 and 2026-Q1 — 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 57.6% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 57.6pp 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 2025-Q4 and 2026-Q1, across 91 tracked filers holding VLRS, 59 increased or opened the position and 31 reduced or closed it; over the same quarter, there were no open-market insider Form 4s.
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 2025-Q4 and 2026-Q1 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 11
- DISCOVERY CAPITAL MANAGEMENT, LLC / CT$7M
- Dorsey Wright & Associates$2M
- ENVESTNET ASSET MANAGEMENT INC$2M
- DIVERSIFY WEALTH MANAGEMENT, LLC$1M
- Empowered Funds, LLC$1M
- LPL Financial LLC$983K
Full exits 4
- North of South Capital LLP$35M
- Fourth Sail Capital LP$7M
- Connor, Clark & Lunn Investment Management Ltd.$2M
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$774K
Largest adds
- MORGAN STANLEY$7M
- Thomist Capital Management, LP$2M
- GOLDMAN SACHS GROUP INC$2M
- AMERICAN CENTURY COMPANIES INC$1M
- Jump Financial, LLC$1M
- ACADIAN ASSET MANAGEMENT LLC$989K
Largest trims
- Indigo Partners LLC$35M
- WELLINGTON MANAGEMENT GROUP LLP$13M
- Ancient Art, L.P.$13M
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIP$12M
- MILLENNIUM MANAGEMENT LLC$8M
- Long Focus Capital Management, LLC$3M
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 | $154M | 39.3% | 2026-Q1 |
| WELLINGTON MANAGEMENT GROUP LLP trimmed | 4,406,692 | $32M | 8.1% | 2026-Q1 |
| Long Focus Capital Management, LLC trimmed | 1,640,000 | $12M | 3.0% | 2026-Q1 |
| Thomist Capital Management, LP added | 1,539,094 | $11M | 2.8% | 2026-Q1 |
| MORGAN STANLEY added | 1,525,557 | $11M | 2.8% | 2026-Q1 |
| Teewinot Capital Advisers, L.L.C. | 1,495,062 | $11M | 2.8% | 2026-Q1 |
| DISCOVERY CAPITAL MANAGEMENT, LLC / CT added | 964,171 | $7M | 1.8% | 2026-Q1 |
| Walleye Capital LLC added | 689,614 | $5M | 1.3% | 2026-Q1 |
| AMERICAN CENTURY COMPANIES INC added | 681,565 | $5M | 1.3% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ added | 588,981 | $4M | 1.1% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC added | 473,584 | $3M | 0.9% | 2026-Q1 |
| Ancient Art, L.P. trimmed | 406,139 | $3M | 0.8% | 2026-Q1 |
| DIMENSIONAL FUND ADVISORS LP | 276,284 | $2M | 0.5% | 2026-Q1 |
| Dorsey Wright & Associates added | 254,208 | $2M | 0.5% | 2026-Q1 |
| Diametric Capital, LP trimmed | 239,829 | $2M | 0.4% | 2026-Q1 |
| ANTIPODES PARTNERS Ltd added | 238,322 | $2M | 0.4% | 2026-Q1 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP trimmed | 230,654 | $2M | 0.4% | 2026-Q1 |
| Jump Financial, LLC added | 226,800 | $2M | 0.4% | 2026-Q1 |
| XTX Topco Ltd added | 224,604 | $2M | 0.4% | 2026-Q1 |
| ACADIAN ASSET MANAGEMENT LLC added | 218,775 | $2M | 0.4% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 210,259 | $2M | 0.4% | 2026-Q1 |
| DIVERSIFY WEALTH MANAGEMENT, LLC new | 180,128 | $1M | 0.3% | 2026-Q1 |
| BARCLAYS PLC trimmed | 174,494 | $1M | 0.3% | 2026-Q1 |
| Empowered Funds, LLC new | 152,417 | $1M | 0.3% | 2026-Q1 |
| UBS Group AG trimmed | 139,936 | $1M | 0.3% | 2026-Q1 |
| LPL Financial LLC added | 135,802 | $983K | 0.3% | 2026-Q1 |
| M&T Bank Corp added | 132,780 | $961K | 0.2% | 2026-Q1 |
| BNP PARIBAS FINANCIAL MARKETS added | 130,775 | $947K | 0.2% | 2026-Q1 |
| JANE STREET GROUP, LLC added | 127,386 | $922K | 0.2% | 2026-Q1 |
| STIFEL FINANCIAL CORP added | 122,391 | $886K | 0.2% | 2026-Q1 |
| AdvisorShares Investments LLC new | 118,837 | $860K | 0.2% | 2026-Q1 |
| Farther Finance Advisors, LLC new | 82,137 | $601K | 0.2% | 2026-Q1 |
| Engineers Gate Manager LP added | 78,544 | $569K | 0.1% | 2026-Q1 |
| Birnam Oak Advisors, LP new | 75,158 | $544K | 0.1% | 2026-Q1 |
| Numerai GP LLC new | 74,411 | $539K | 0.1% | 2026-Q1 |
| HRT FINANCIAL LP added | 73,630 | $533K | 0.1% | 2026-Q1 |
| GSA CAPITAL PARTNERS LLP added | 69,445 | $503K | 0.1% | 2026-Q1 |
| Janney Montgomery Scott LLC new | 64,901 | $470K | 0.1% | 2026-Q1 |
| STATE STREET CORP trimmed | 64,131 | $464K | 0.1% | 2026-Q1 |
| PRELUDE CAPITAL MANAGEMENT, LLC trimmed | 60,709 | $440K | 0.1% | 2026-Q1 |
| Aquatic Capital Management LLC added | 55,805 | $404K | 0.1% | 2026-Q1 |
| State of Wyoming trimmed | 52,467 | $380K | 0.1% | 2026-Q1 |
| Burns Matteson Capital Management, LLC new | 51,551 | $373K | 0.1% | 2026-Q1 |
| MILLENNIUM MANAGEMENT LLC trimmed | 51,403 | $372K | 0.1% | 2026-Q1 |
| Atria Investments, Inc new | 43,110 | $312K | 0.1% | 2026-Q1 |
| Cresset Asset Management, LLC | 41,504 | $300K | 0.1% | 2026-Q1 |
| SkyView Investment Advisors, LLC added | 41,003 | $297K | 0.1% | 2026-Q1 |
| PRIMECAP MANAGEMENT CO/CA/ | 41,000 | $297K | 0.1% | 2026-Q1 |
| Cetera Investment Advisers new | 35,629 | $258K | 0.1% | 2026-Q1 |
| CITADEL ADVISORS LLC added | 34,003 | $246K | 0.1% | 2026-Q1 |
| Fundamenta Capital S.A. new | 33,915 | $246K | 0.1% | 2026-Q1 |
| HB Wealth Management, LLC | 33,018 | $239K | 0.1% | 2026-Q1 |
| Police & Firemen's Retirement System of New Jersey new | 30,632 | $222K | 0.1% | 2026-Q1 |
| PERSONAL CFO SOLUTIONS, LLC new | 30,516 | $221K | 0.1% | 2026-Q1 |
| Virtu Financial LLC added | 28,184 | $204K | 0.1% | 2026-Q1 |
| Allegheny Financial Group new | 26,990 | $195K | 0.0% | 2026-Q1 |
| JPMORGAN CHASE & CO added | 27,712 | $193K | 0.0% | 2026-Q1 |
| CONFLUENCE INVESTMENT MANAGEMENT LLC added | 26,149 | $189K | 0.0% | 2026-Q1 |
| CWM, LLC new | 25,691 | $186K | 0.0% | 2026-Q1 |
| Integrated Wealth Concepts LLC new | 25,056 | $181K | 0.0% | 2026-Q1 |
| Y-Intercept (Hong Kong) Ltd trimmed | 24,474 | $177K | 0.0% | 2026-Q1 |
| MARSHALL WACE, LLP trimmed | 23,518 | $170K | 0.0% | 2026-Q1 |
| Savant Capital, LLC trimmed | 22,465 | $163K | 0.0% | 2026-Q1 |
| OneDigital Investment Advisors LLC trimmed | 22,288 | $161K | 0.0% | 2026-Q1 |
| OPPENHEIMER & CO INC trimmed | 20,450 | $148K | 0.0% | 2026-Q1 |
| NewEdge Wealth, LLC | 20,000 | $145K | 0.0% | 2026-Q1 |
| Elequin Capital, LP new | 16,318 | $118K | 0.0% | 2026-Q1 |
| Beverly Hills Private Wealth, LLC new | 15,999 | $116K | 0.0% | 2026-Q1 |
| Inspire Advisors, LLC trimmed | 15,493 | $112K | 0.0% | 2026-Q1 |
| North of South Capital LLP trimmed | 3,996,297 | $35M | 9.1% | 2025-Q4 stale |
| Capital Research Global Investors trimmed | 2,534,884 | $13M | 3.4% | 2025-Q1 stale |
| WCM INVESTMENT MANAGEMENT, LLC trimmed | 2,416,117 | $13M | 3.3% | 2025-Q1 stale |
| Fourth Sail Capital LP added | 757,761 | $7M | 1.7% | 2025-Q4 stale |
| AQR CAPITAL MANAGEMENT LLC added | 1,280,268 | $7M | 1.7% | 2025-Q1 stale |
| Alberta Investment Management Corp trimmed | 655,040 | $3M | 0.9% | 2025-Q1 stale |
| Connor, Clark & Lunn Investment Management Ltd. added | 210,474 | $2M | 0.5% | 2025-Q4 stale |
| ABS Direct Equity Fund LLC added | 350,600 | $2M | 0.5% | 2025-Q1 stale |
| Moneda S.A. Administradora General de Fondos added | 294,457 | $2M | 0.4% | 2025-Q1 stale |
| Capitolis Liquid Global Markets LLC new | 274,600 | $1M | 0.4% | 2025-Q1 stale |
| CANADA PENSION PLAN INVESTMENT BOARD | 296,981 | $1M | 0.4% | 2025-Q2 stale |
| RENAISSANCE GROUP LLC trimmed | 264,551 | $1M | 0.4% | 2025-Q1 stale |
| Perpetual Ltd trimmed | 199,118 | $1M | 0.3% | 2025-Q1 stale |
| LAZARD ASSET MANAGEMENT LLC trimmed | 197,551 | $1M | 0.3% | 2025-Q1 stale |
| VICTORY CAPITAL MANAGEMENT INC | 184,952 | $879K | 0.2% | 2025-Q2 stale |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 87,169 | $774K | 0.2% | 2025-Q4 stale |
| VIRTUS ADVISERS, LLC new | 118,670 | $619K | 0.2% | 2025-Q1 stale |
| Itau Unibanco Holding S.A. new | 102,326 | $534K | 0.1% | 2025-Q1 stale |
| Banco BTG Pactual S.A. trimmed | 70,000 | $503K | 0.1% | 2025-Q3 stale |
| Janney Capital Management LLC trimmed | 55,120 | $489K | 0.1% | 2025-Q4 stale |
| SouthState Corp added | 85,400 | $446K | 0.1% | 2025-Q1 stale |
| Schonfeld Strategic Advisors LLC added | 58,177 | $418K | 0.1% | 2025-Q3 stale |
| Acuitas Investments, LLC | 79,400 | $377K | 0.1% | 2025-Q2 stale |
| Russell Investments Group, Ltd. added | 69,150 | $373K | 0.1% | 2025-Q1 stale |
| Advisors Preferred, LLC added | 59,121 | $310K | 0.1% | 2025-Q1 stale |
| WOLVERINE TRADING, LLC added | 37,513 | $256K | 0.1% | 2025-Q3 stale |
| Shay Capital LLC added | 45,000 | $214K | 0.1% | 2025-Q2 stale |
| Verition Fund Management LLC trimmed | 35,226 | $184K | 0.0% | 2025-Q1 stale |
| DELTEC ASSET MANAGEMENT LLC trimmed | 19,700 | $175K | 0.0% | 2025-Q4 stale |
| RENAISSANCE TECHNOLOGIES LLC trimmed | 33,100 | $173K | 0.0% | 2025-Q1 stale |
| PharVision Advisers, LLC new | 15,586 | $138K | 0.0% | 2025-Q4 stale |
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.