State of Wyoming’s Frontier Group Holdings ULCC Stock Holding History

State of Wyoming’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 Q1	$379K	Sell	107,250 -21,376	-17%	-$97.7K	0.04%	521
2025 Q4	$606K	Sell	128,626 -11,549	-8%	-$51.2K	0.07%	284
2025 Q3	$619K	Sell	140,175 -4,228	-3%	-$19.2K	0.07%	213
2025 Q2	$524K	Buy	144,403 +121,926	+542%	+$447K	0.06%	273
2025 Q1	$97.5K	Buy	+22,477	New	+$167K	0.01%	1220
2023 Q3	–	Sell	-6,655	Closed	-$64.4K	–	1825
2023 Q2	$64.4K	Buy	6,655 +1,452	+28%	+$13K	0.02%	1051
2023 Q1	$51.2K	Buy	+5,203	New	+$58.1K	0.02%	1109
2022 Q3	–	Sell	-9,335	Closed	-$87K	–	1949
2022 Q2	$87K	Buy	9,335 +5,774	+162%	+$58.4K	0.05%	590
2022 Q1	$40K	Buy	3,561 +3,448	+3,051%	+$43.3K	0.02%	1179
2021 Q4	$2K	Buy	+113	New	+$1.73K	﹤0.01%	1783

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

USGIU

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

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

Marshall Wace London, United Kingdom $100B AUM 35.1% 1-Year Est. Return

SPC

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

VCM

Vanguard Capital Management Malvern, Pennsylvania $4.04T AUM

VPM

Vanguard Portfolio Management Malvern, Pennsylvania $1.91T AUM

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

State of Wyoming's ULCC Position: Q1 2026 in Review

State of Wyoming reduced its Frontier Group Holdings (ULCC) stake by 17% in Q1 2026, selling an estimated $97.7K and leaving 107,250 shares worth $379K. The position accounts for 0.04% of the portfolio, ranked #521.

State of Wyoming first reported a position in ULCC in Q4 2021 and has held it in 10 quarters since. The position peaked at $619K in Q3 2025. 161 funds tracked by Wall St. Rank hold ULCC as of Q1 2026.

State of Wyoming held 107,250 shares of Frontier Group Holdings worth $379K as of Q1 2026.
State of Wyoming sold 21,376 Frontier Group Holdings shares in Q1 2026, an estimated $97.7K.
Frontier Group Holdings made up 0.04% of State of Wyoming's portfolio in Q1 2026, its #521 holding.
State of Wyoming first reported a position in Frontier Group Holdings in Q4 2021 and has held it in 10 quarters since.
State of Wyoming's Frontier Group Holdings position peaked at $619K in Q3 2025.
161 funds tracked by Wall St. Rank held Frontier Group Holdings as of Q1 2026.

Based on State of Wyoming's 13F filing for Q1 2026, filed 13 May 2026.