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Frontier Group Holdings

157 hedge funds and large institutions have $595M invested in Frontier Group Holdings in 2025 Q3 according to their latest regulatory filings, with 35 funds opening new positions, 61 increasing their positions, 36 reducing their positions, and 32 closing their positions.

New
Increased
Maintained
Reduced
Closed

69% more repeat investments, than reductions

Existing positions increased: 61 | Existing positions reduced: 36

32% more capital invested

Capital invested by funds: $449M → $595M (+$145M)

32% more call options, than puts

Call options by funds: $4.88M | Put options by funds: $3.71M

4.7% more ownership

Funds ownership: 54.36%59.06% (+4.7%)

9% more first-time investments, than exits

New positions opened: 35 | Existing positions closed: 32

1% more funds holding

Funds holding: 156157 (+1)

0% more funds holding in top 10

Funds holding in top 10: 44 (0)

Holders
157
Holders Change
+1
Holders Change %
+0.64%
% of All Funds
2.06%
Holding in Top 10
4
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.05%
New
35
Increased
61
Reduced
36
Closed
32
Calls
$4.88M
Puts
$3.71M
Net Calls
+$1.17M
Net Calls Change
+$720K
Name Holding Trade Value Shares
Change
Change in
Stake
IP
1
Indigo Partners
Arizona
$142M
WCM
2
Wildcat Capital Management
New York
$124M
Vanguard Group
3
Vanguard Group
Pennsylvania
$34.5M -$309K -68,084 -0.9%
BlackRock
4
BlackRock
New York
$28.4M +$102K +22,372 +0.3%
SPC
5
Silver Point Capital
Connecticut
$27.6M +$24.3M +5,360,000 +596%
USGIU
6
U.S. Global Investors (USGI)
Texas
$20.1M -$7.45M -1,641,517 -26%
AA
7
Ancient Art
Texas
$18.9M -$2.03M -447,030 -9%
Dimensional Fund Advisors
8
Dimensional Fund Advisors
Texas
$17.9M +$949K +209,154 +5%
Bank of America
9
Bank of America
North Carolina
$13.4M +$3.87M +852,798 +39%
Citigroup
10
Citigroup
New York
$12.5M +$1.58M +348,739 +14%
Balyasny Asset Management
11
Balyasny Asset Management
Illinois
$9.72M +$3.26M +718,147 +48%
Geode Capital Management
12
Geode Capital Management
Massachusetts
$9.66M +$577K +127,074 +6%
PCM
13
PAR Capital Management
Massachusetts
$9.52M -$113K -25,000 -1%
Morgan Stanley
14
Morgan Stanley
New York
$9.18M -$478K -105,416 -5%
State Street
15
State Street
Massachusetts
$8.68M +$224K +49,297 +3%
HPC
16
Highland Peak Capital
Connecticut
$7.82M +$8.03M +1,770,175 New
American Century Companies
17
American Century Companies
Missouri
$5.57M +$531K +117,028 +10%
UBS Group
18
UBS Group
Switzerland
$5.53M +$1.85M +408,271 +48%
Citadel Advisors
19
Citadel Advisors
Florida
$5.5M +$4.69M +1,034,100 +490%
Voloridge Investment Management
20
Voloridge Investment Management
Florida
$4.39M -$305K -67,317 -6%
Primecap Management
21
Primecap Management
California
$3.55M -$227K -50,000 -6%
Millennium Management
22
Millennium Management
New York
$3.44M +$2.36M +519,247 +200%
ECP
23
Empyrean Capital Partners
California
$3.19M -$1.71M -376,561 -34%
Northern Trust
24
Northern Trust
Illinois
$3.19M +$83.5K +18,408 +3%
VCM
25
Voleon Capital Management
California
$3.16M +$2.3M +506,704 +243%

ULCC Hedge Fund Activity: Q3 2025 in Review

157 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in Frontier Group Holdings (ULCC) for Q3 2025, worth a combined $595M — up 32% from $449M a quarter earlier.

Buyers outnumbered sellers: 35 funds opened new ULCC positions and 32 closed out — a net gain of 3 holders — while 61 added to existing stakes and 36 trimmed.

The largest buyer was Silver Point Capital, adding an estimated $24.3M. The largest seller was U.S. Global Investors (USGI), cutting an estimated $7.45M.

  • 157 institutional investors held Frontier Group Holdings (ULCC) as of Q3 2025, up from 156 in Q2 2025.
  • Funds reported $595M of Frontier Group Holdings stock for Q3 2025, up 32% quarter-over-quarter.
  • 35 funds opened new Frontier Group Holdings positions in Q3 2025 and 32 closed out, a net change of +3 holders.
  • The largest Frontier Group Holdings buyer in Q3 2025 was Silver Point Capital, an estimated $24.3M added.
  • The largest Frontier Group Holdings seller in Q3 2025 was U.S. Global Investors (USGI), an estimated $7.45M sold.

Based on aggregated 13F filings for Q3 2025.