Frontier Group Holdings
ULCC
129 hedge funds and large institutions have $2.14B invested in Frontier Group Holdings in 2023 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 46 increasing their positions, 34 reducing their positions, and 21 closing their positions.
110% more call options, than puts
Call options by funds: $12.5M | Put options by funds: $5.96M
43% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 21
35% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 34
8% more funds holding
Funds holding: 120 → 129 (+9)
0.24% less ownership
Funds ownership: 99.71% → 99.48% (-0.24%)
4% less capital invested
Capital invested by funds: $2.23B → $2.14B (-$89.6M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SSA
Schonfeld Strategic Advisors
New York
|
+$14.5M |
| 2 |
Marshall Wace
London,
United Kingdom
|
+$12.6M |
| 3 |
IP
Interval Partners
New York
|
+$11M |
| 4 |
Goldman Sachs
New York
|
+$6.53M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$6.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
USGIU
U.S. Global Investors (USGI)
San Antonio,
Texas
|
-$51.4M |
| 2 |
JP Morgan Chase
New York
|
-$13.2M |
| 3 |
Two Sigma Investments
New York
|
-$5.43M |
| 4 |
TC
TwinBeech Capital
Purchase,
New York
|
-$4.84M |
| 5 |
State Street
Boston,
Massachusetts
|
-$4.29M |
ULCC Hedge Fund Activity: Q1 2023 in Review
129 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in Frontier Group Holdings (ULCC) for Q1 2023, worth a combined $2.14B — down 4% from $2.23B a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new ULCC positions and 21 closed out — a net gain of 9 holders — while 46 added to existing stakes and 34 trimmed.
The largest buyer was Schonfeld Strategic Advisors, opening a new position worth an estimated $14.5M. The largest seller was U.S. Global Investors (USGI), exiting entirely with an estimated $51.4M sold.
- 129 institutional investors held Frontier Group Holdings (ULCC) as of Q1 2023, up from 120 in Q4 2022.
- Funds reported $2.14B of Frontier Group Holdings stock for Q1 2023, down 4% quarter-over-quarter.
- 30 funds opened new Frontier Group Holdings positions in Q1 2023 and 21 closed out, a net change of +9 holders.
- The largest Frontier Group Holdings buyer in Q1 2023 was Schonfeld Strategic Advisors, an estimated $14.5M added.
- The largest Frontier Group Holdings seller in Q1 2023 was U.S. Global Investors (USGI), an estimated $51.4M sold.
Based on aggregated 13F filings for Q1 2023.