Frontier Group Holdings
ULCC
118 hedge funds and large institutions have $2.15B invested in Frontier Group Holdings in 2023 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 53 increasing their positions, 32 reducing their positions, and 26 closing their positions.
70% more call options, than puts
Call options by funds: $9.6M | Put options by funds: $5.64M
66% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 32
1.69% more ownership
Funds ownership: 99.48% → 101.17% (+1.7%)
0% more capital invested
Capital invested by funds: $2.14B → $2.15B (+$8.25M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
9% less funds holding
Funds holding: 129 → 118 (-11)
42% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 26
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
USGIU
U.S. Global Investors (USGI)
San Antonio,
Texas
|
+$50.1M |
| 2 |
HCM
Hodges Capital Management
Dallas,
Texas
|
+$13.8M |
| 3 |
Millennium Management
New York
|
+$8.06M |
| 4 |
AA
Ancient Art
Austin,
Texas
|
+$7.8M |
| 5 |
Man Group
London,
United Kingdom
|
+$4.46M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$11.5M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$7.42M |
| 3 |
SSA
Schonfeld Strategic Advisors
New York
|
-$7.22M |
| 4 |
IP
Interval Partners
New York
|
-$6.67M |
| 5 |
Goldman Sachs
New York
|
-$4.77M |
ULCC Hedge Fund Activity: Q2 2023 in Review
118 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Frontier Group Holdings (ULCC) for Q2 2023, worth a combined $2.15B — up 0.39% from $2.14B a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of ULCC and 15 opened new positions — a net loss of 11 holders — while 32 trimmed existing stakes and 53 added.
The largest buyer was U.S. Global Investors (USGI), opening a new position worth an estimated $50.1M. The largest seller was JP Morgan Chase, cutting an estimated $11.5M.
- 118 institutional investors held Frontier Group Holdings (ULCC) as of Q2 2023, down from 129 in Q1 2023.
- Funds reported $2.15B of Frontier Group Holdings stock for Q2 2023, up 0.39% quarter-over-quarter.
- 15 funds opened new Frontier Group Holdings positions in Q2 2023 and 26 closed out, a net change of -11 holders.
- The largest Frontier Group Holdings buyer in Q2 2023 was U.S. Global Investors (USGI), an estimated $50.1M added.
- The largest Frontier Group Holdings seller in Q2 2023 was JP Morgan Chase, an estimated $11.5M sold.
Based on aggregated 13F filings for Q2 2023.