Frontier Group Holdings
ULCC
120 hedge funds and large institutions have $2.23B invested in Frontier Group Holdings in 2022 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 42 increasing their positions, 38 reducing their positions, and 22 closing their positions.
166% more call options, than puts
Call options by funds: $2.48M | Put options by funds: $932K
11% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 38
4% more capital invested
Capital invested by funds: $2.14B → $2.23B (+$89.1M)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
5% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 22
1.59% less ownership
Funds ownership: 101.3% → 99.71% (-1.6%)
2% less funds holding
Funds holding: 122 → 120 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
PAR Capital Management
Boston,
Massachusetts
|
+$13.4M |
| 2 |
Prudential Financial
Newark,
New Jersey
|
+$5.4M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$4.29M |
| 4 |
TC
TwinBeech Capital
Purchase,
New York
|
+$3.98M |
| 5 |
N
Nuveen
Charlotte,
North Carolina
|
+$1.42M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
-$17.1M |
| 2 |
UBS AM
Chicago,
Illinois
|
-$13.2M |
| 3 |
Two Sigma Investments
New York
|
-$10.8M |
| 4 |
Adage Capital Partners
Boston,
Massachusetts
|
-$5.03M |
| 5 |
AA
Ancient Art
Austin,
Texas
|
-$4.03M |
ULCC Hedge Fund Activity: Q4 2022 in Review
120 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Frontier Group Holdings (ULCC) for Q4 2022, worth a combined $2.23B — up 4.2% from $2.14B a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of ULCC and 21 opened new positions — a net loss of 1 holder — while 38 trimmed existing stakes and 42 added.
The largest buyer was PAR Capital Management, adding an estimated $13.4M. The largest seller was Balyasny Asset Management, exiting entirely with an estimated $17.1M sold.
- 120 institutional investors held Frontier Group Holdings (ULCC) as of Q4 2022, down from 122 in Q3 2022.
- Funds reported $2.23B of Frontier Group Holdings stock for Q4 2022, up 4.2% quarter-over-quarter.
- 21 funds opened new Frontier Group Holdings positions in Q4 2022 and 22 closed out, a net change of -1 holder.
- The largest Frontier Group Holdings buyer in Q4 2022 was PAR Capital Management, an estimated $13.4M added.
- The largest Frontier Group Holdings seller in Q4 2022 was Balyasny Asset Management, an estimated $17.1M sold.
Based on aggregated 13F filings for Q4 2022.