State Board of Administration of Florida Retirement System’s Frontier Group Holdings ULCC Stock Holding History

State Board of Administration of Florida Retirement System’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	-10,900	Closed	-$39.6K	–	2185
2025 Q2	$39.6K	Hold	10,900	–	–	﹤0.01%	2129
2025 Q1	$47.3K	Hold	10,900	–	–	﹤0.01%	2116
2024 Q4	$77.5K	Hold	10,900	–	–	﹤0.01%	2128
2024 Q3	$58.3K	Hold	10,900	–	–	﹤0.01%	2194
2024 Q2	$53.7K	Buy	+10,900	New	+$65.3K	﹤0.01%	2173
2024 Q1	–	Sell	-10,900	Closed	-$59.5K	–	2457
2023 Q4	$59.5K	Hold	10,900	–	–	﹤0.01%	2316
2023 Q3	$52.8K	Buy	10,900 +80	+0.7%	+$599	﹤0.01%	2331
2023 Q2	$105K	Buy	+10,820	New	+$97.2K	﹤0.01%	2267

Other funds holding ULCC

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

WCM

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

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

BlackRock New York $6.73T AUM 46.02% 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 $1.04B AUM 73.31% 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 $303B AUM 53.02% 1-Year Est. Return

State Board of Administration of Florida Retirement System's ULCC Position: Q3 2025 in Review

State Board of Administration of Florida Retirement System sold out of Frontier Group Holdings (ULCC) in Q3 2025, closing a stake of 10,900 shares — an estimated $39.6K sold.

State Board of Administration of Florida Retirement System first reported a position in ULCC in Q2 2023 and held it in 8 quarters. The position peaked at $105K in Q2 2023. 157 funds tracked by Wall St. Rank hold ULCC as of Q3 2025.

State Board of Administration of Florida Retirement System reported no remaining Frontier Group Holdings position as of Q3 2025 after selling out during the quarter.
State Board of Administration of Florida Retirement System sold 10,900 Frontier Group Holdings shares in Q3 2025, an estimated $39.6K.
State Board of Administration of Florida Retirement System first reported a position in Frontier Group Holdings in Q2 2023 and held it in 8 quarters.
State Board of Administration of Florida Retirement System's Frontier Group Holdings position peaked at $105K in Q2 2023.
157 funds tracked by Wall St. Rank held Frontier Group Holdings as of Q3 2025.

Based on State Board of Administration of Florida Retirement System's 13F filing for Q3 2025, filed 14 Nov 2025.