Frontier Group Holdings
ULCC
156 hedge funds and large institutions have $449M invested in Frontier Group Holdings in 2025 Q2 according to their latest regulatory filings, with 32 funds opening new positions, 62 increasing their positions, 40 reducing their positions, and 50 closing their positions.
55% more repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 40
15% more call options, than puts
Call options by funds: $3.56M | Put options by funds: $3.1M
1.87% more ownership
Funds ownership: 52.48% → 54.36% (+1.9%)
11% less funds holding
Funds holding: 176 → 156 (-20)
13% less capital invested
Capital invested by funds: $518M → $449M (-$68.9M)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
36% less first-time investments, than exits
New positions opened: 32 | Existing positions closed: 50
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$9.02M |
| 2 |
Citigroup
New York
|
+$8.93M |
| 3 |
USGIU
U.S. Global Investors (USGI)
San Antonio,
Texas
|
+$8.45M |
| 4 |
Morgan Stanley
New York
|
+$5.87M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$5.77M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SSA
Schonfeld Strategic Advisors
New York
|
-$13.7M |
| 2 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$6.36M |
| 3 |
Two Sigma Investments
New York
|
-$4.59M |
| 4 |
Voloridge Investment Management
Jupiter,
Florida
|
-$3.58M |
| 5 |
TC
Towle & Co
Denver,
Colorado
|
-$3.29M |
ULCC Hedge Fund Activity: Q2 2025 in Review
156 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in Frontier Group Holdings (ULCC) for Q2 2025, worth a combined $449M — down 13% from $518M a quarter earlier.
Sellers outnumbered buyers: 50 funds closed out of ULCC and 32 opened new positions — a net loss of 18 holders — while 40 trimmed existing stakes and 62 added.
The largest buyer was BlackRock, adding an estimated $9.02M. The largest seller was Schonfeld Strategic Advisors, exiting entirely with an estimated $13.7M sold.
- 156 institutional investors held Frontier Group Holdings (ULCC) as of Q2 2025, down from 176 in Q1 2025.
- Funds reported $449M of Frontier Group Holdings stock for Q2 2025, down 13% quarter-over-quarter.
- 32 funds opened new Frontier Group Holdings positions in Q2 2025 and 50 closed out, a net change of -18 holders.
- The largest Frontier Group Holdings buyer in Q2 2025 was BlackRock, an estimated $9.02M added.
- The largest Frontier Group Holdings seller in Q2 2025 was Schonfeld Strategic Advisors, an estimated $13.7M sold.
Based on aggregated 13F filings for Q2 2025.