Frontier Group Holdings
ULCC
156 hedge funds and large institutions have $590M invested in Frontier Group Holdings in 2025 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 43 increasing their positions, 61 reducing their positions, and 20 closing their positions.
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
23% more call options, than puts
Call options by funds: $3.61M | Put options by funds: $2.94M
10% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 20
1% less funds holding
Funds holding: 157 → 156 (-1)
1% less capital invested
Capital invested by funds: $595M → $590M (-$4.61M)
4.33% less ownership
Funds ownership: 59.06% → 54.73% (-4.3%)
30% less repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 61
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$7.01M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
+$6.12M |
| 3 |
Two Sigma Investments
New York
|
+$6M |
| 4 |
MPM
Mountaineer Partners Management
New York
|
+$4.22M |
| 5 |
Two Sigma Advisers
New York
|
+$4.21M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$12.5M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$10.6M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
-$9.72M |
| 4 |
HPC
Highland Peak Capital
Old Greenwich,
Connecticut
|
-$7.82M |
| 5 |
SPC
Silver Point Capital
Greenwich,
Connecticut
|
-$5.87M |
ULCC Hedge Fund Activity: Q4 2025 in Review
156 of the 8,224 institutional investors tracked by Wall St. Rank reported a position in Frontier Group Holdings (ULCC) for Q4 2025, worth a combined $590M — down 0.77% from $595M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new ULCC positions and 20 closed out — a net gain of 2 holders — while 43 added to existing stakes and 61 trimmed.
The largest buyer was Millennium Management, adding an estimated $7.01M. The largest seller was Citigroup, cutting an estimated $12.5M.
- 156 institutional investors held Frontier Group Holdings (ULCC) as of Q4 2025, down from 157 in Q3 2025.
- Funds reported $590M of Frontier Group Holdings stock for Q4 2025, down 0.77% quarter-over-quarter.
- 22 funds opened new Frontier Group Holdings positions in Q4 2025 and 20 closed out, a net change of +2 holders.
- The largest Frontier Group Holdings buyer in Q4 2025 was Millennium Management, an estimated $7.01M added.
- The largest Frontier Group Holdings seller in Q4 2025 was Citigroup, an estimated $12.5M sold.
Based on aggregated 13F filings for Q4 2025.