Frontier Group Holdings
ULCC
176 hedge funds and large institutions have $518M invested in Frontier Group Holdings in 2025 Q1 according to their latest regulatory filings, with 44 funds opening new positions, 61 increasing their positions, 42 reducing their positions, and 27 closing their positions.
63% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 27
45% more repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 42
10% more funds holding
Funds holding: 160 → 176 (+16)
1% more ownership
Funds ownership: 51.48% → 52.48% (+1%)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
37% less capital invested
Capital invested by funds: $825M → $518M (-$307M)
51% less call options, than puts
Call options by funds: $1.65M | Put options by funds: $3.34M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$15.6M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$10.8M |
| 3 |
SSA
Schonfeld Strategic Advisors
New York
|
+$9.36M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$8.84M |
| 5 |
SPC
Silver Point Capital
Greenwich,
Connecticut
|
+$6.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
-$17M |
| 2 |
TC
Towle & Co
Denver,
Colorado
|
-$11.8M |
| 3 |
USGIU
U.S. Global Investors (USGI)
San Antonio,
Texas
|
-$10.9M |
| 4 |
Millennium Management
New York
|
-$7.04M |
| 5 |
AA
Ancient Art
Austin,
Texas
|
-$6.59M |
ULCC Hedge Fund Activity: Q1 2025 in Review
176 of the 7,458 institutional investors tracked by Wall St. Rank reported a position in Frontier Group Holdings (ULCC) for Q1 2025, worth a combined $518M — down 37% from $825M a quarter earlier.
Buyers outnumbered sellers: 44 funds opened new ULCC positions and 27 closed out — a net gain of 17 holders — while 61 added to existing stakes and 42 trimmed.
The largest buyer was Qube Research & Technologies (QRT), opening a new position worth an estimated $15.6M. The largest seller was Balyasny Asset Management, exiting entirely with an estimated $17M sold.
- 176 institutional investors held Frontier Group Holdings (ULCC) as of Q1 2025, up from 160 in Q4 2024.
- Funds reported $518M of Frontier Group Holdings stock for Q1 2025, down 37% quarter-over-quarter.
- 44 funds opened new Frontier Group Holdings positions in Q1 2025 and 27 closed out, a net change of +17 holders.
- The largest Frontier Group Holdings buyer in Q1 2025 was Qube Research & Technologies (QRT), an estimated $15.6M added.
- The largest Frontier Group Holdings seller in Q1 2025 was Balyasny Asset Management, an estimated $17M sold.
Based on aggregated 13F filings for Q1 2025.