Global Endowment Management’s Frontier Group Holdings ULCC Stock Holding History

Global Endowment Management’s Portfolio ULCC Stock Details ULCC Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q3	–	Sell	-54,707	Closed	-$199K	–	141
2025 Q2	$199K	Buy	54,707 +3,079	+6%	+$11.3K	0.03%	127
2025 Q1	$224K	Sell	51,628 -61,036	-54%	-$454K	0.03%	135
2024 Q4	$801K	Sell	112,664 -60,544	-35%	-$378K	0.1%	83
2024 Q3	$927K	Buy	173,208 +44,311	+34%	+$173K	0.09%	82
2024 Q2	$635K	Buy	128,897 +46,883	+57%	+$281K	0.07%	100
2024 Q1	$665K	Sell	82,014 -33,003	-29%	-$214K	0.07%	94
2023 Q4	$628K	Sell	115,017 -10,657	-8%	-$46.6K	0.07%	94
2023 Q3	$608K	Buy	+125,674	New	+$941K	0.07%	96

Other funds holding ULCC

Indigo Partners Phoenix, Arizona $267M AUM 9% 1-Year Est. Return

WCM

Wildcat Capital Management New York $106M AUM 0.1% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

SPC

Silver Point Capital Greenwich, Connecticut $1.3B AUM 18.3% 1-Year Est. Return

USGIU

U.S. Global Investors (USGI) San Antonio, Texas $858M AUM 47.1% 1-Year Est. Return

Ancient Art Austin, Texas $459M AUM 52.34% 1-Year Est. Return

Dimensional Fund Advisors Austin, Texas $481B AUM 30.42% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

Citigroup New York $235B AUM 32.99% 1-Year Est. Return

Global Endowment Management's ULCC Position: Q3 2025 in Review

Global Endowment Management sold out of Frontier Group Holdings (ULCC) in Q3 2025, closing a stake of 54,707 shares — an estimated $199K sold.

Global Endowment Management first reported a position in ULCC in Q3 2023 and held it in 8 quarters. The position peaked at $927K in Q3 2024. 157 funds tracked by Wall St. Rank hold ULCC as of Q3 2025.

Global Endowment Management reported no remaining Frontier Group Holdings position as of Q3 2025 after selling out during the quarter.
Global Endowment Management sold 54,707 Frontier Group Holdings shares in Q3 2025, an estimated $199K.
Global Endowment Management first reported a position in Frontier Group Holdings in Q3 2023 and held it in 8 quarters.
Global Endowment Management's Frontier Group Holdings position peaked at $927K in Q3 2024.
157 funds tracked by Wall St. Rank held Frontier Group Holdings as of Q3 2025.

Based on Global Endowment Management's 13F filing for Q3 2025, filed 13 Nov 2025.