Michael Gelband’s Frontier Group Holdings ULCC Stock Holding History

Michael Gelband’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
2026 Q2	$1.95M	Buy	+246,384	New	+$1.27M	0.01%	824
2026 Q1	–	Sell	-125,780	Closed	-$592K	–	2124
2025 Q4	$592K	Buy	+125,780	New	+$557K	﹤0.01%	1148
2025 Q2	–	Sell	-52,864	Closed	-$229K	–	1991
2025 Q1	$229K	Sell	52,864 -367,520	-87%	-$2.74M	﹤0.01%	1276
2024 Q4	$2.99M	Buy	420,384 +215,607	+105%	+$1.35M	0.02%	582
2024 Q3	$1.1M	Buy	204,777 +75,448	+58%	+$295K	0.01%	948
2024 Q2	$638K	Sell	129,329 -91,618	-41%	-$549K	﹤0.01%	1159
2024 Q1	$1.79M	Buy	+220,947	New	+$1.43M	0.01%	750
2023 Q4	–	Sell	-222,866	Closed	-$1.08M	–	2076
2023 Q3	$1.08M	Buy	+222,866	New	+$1.67M	0.01%	943
2023 Q2	–	Sell	-184,893	Closed	-$1.82M	–	2262
2023 Q1	$1.82M	Buy	184,893 +51,385	+38%	+$574K	0.02%	923
2022 Q4	$1.37M	Sell	133,508 -17,811	-12%	-$207K	0.02%	810
2022 Q3	$1.47M	Buy	+151,319	New	+$1.86M	0.02%	943
2022 Q2	–	Sell	-182,154	Closed	-$2.06M	–	2473
2022 Q1	$2.06M	Buy	+182,154	New	+$2.29M	0.03%	763

Other funds holding ULCC

Indigo Partners Phoenix, Arizona $453M AUM 128.46% 1-Year Est. Return

WCM

Wildcat Capital Management New York $229M AUM 132.65% 1-Year Est. Return

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

USGIU

U.S. Global Investors (USGI) San Antonio, Texas $1.04B AUM 73.31% 1-Year Est. Return

Two Sigma Investments New York $138B AUM 41.87% 1-Year Est. Return

Marshall Wace London, United Kingdom $127B AUM 46.06% 1-Year Est. Return

Vanguard Capital Management Malvern, Pennsylvania $4.68T AUM

Jane Street New York $1.21T AUM 78.12% 1-Year Est. Return

Vanguard Portfolio Management Malvern, Pennsylvania $2.22T AUM

Millennium Management New York $276B AUM 44.8% 1-Year Est. Return

Michael Gelband's ULCC Position: Q2 2026 in Review

Michael Gelband opened a new position in Frontier Group Holdings (ULCC) in Q2 2026: 246,384 shares worth $1.95M. The stake represents 0.01% of the portfolio and ranks #824 among its holdings. This is a return to the name: Michael Gelband previously reported a position in ULCC as recently as Q4 2025.

Michael Gelband first reported a position in ULCC in Q1 2022 and has held it in 12 quarters since. The position peaked at $2.99M in Q4 2024. 176 funds tracked by Wall St. Rank hold ULCC as of Q2 2026.

Michael Gelband held 246,384 shares of Frontier Group Holdings worth $1.95M as of Q2 2026.
Frontier Group Holdings was a new Michael Gelband position in Q2 2026.
Frontier Group Holdings made up 0.01% of Michael Gelband's portfolio in Q2 2026, its #824 holding.
Michael Gelband first reported a position in Frontier Group Holdings in Q1 2022 and has held it in 12 quarters since.
Michael Gelband's Frontier Group Holdings position peaked at $2.99M in Q4 2024.
176 funds tracked by Wall St. Rank held Frontier Group Holdings as of Q2 2026.

Based on ExodusPoint Capital Management's 13F filing for Q2 2026, filed 14 Aug 2026.