Frontier Group Holdings
ULCC
161 hedge funds and large institutions have $445M invested in Frontier Group Holdings in 2026 Q1 according to their latest regulatory filings, with 34 funds opening new positions, 37 increasing their positions, 64 reducing their positions, and 28 closing their positions.
25% more call options, than puts
Call options by funds: $2.11M | Put options by funds: $1.7M
21% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 28
3% more funds holding
Funds holding: 156 → 161 (+5)
0.14% more ownership
Funds ownership: 54.73% → 54.86% (+0.14%)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
25% less capital invested
Capital invested by funds: $590M → $445M (-$145M)
42% less repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 64
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Marshall Wace
London,
United Kingdom
|
+$14.5M |
| 2 |
USGIU
U.S. Global Investors (USGI)
San Antonio,
Texas
|
+$12.1M |
| 3 |
Tudor Investment Corp
Stamford,
Connecticut
|
+$5.21M |
| 4 |
HF
HRT Financial
New York
|
+$3.92M |
| 5 |
JF
Jump Financial
Chicago,
Illinois
|
+$3.64M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$9.51M |
| 2 |
BlackRock
New York
|
-$6.27M |
| 3 |
SPC
Silver Point Capital
Greenwich,
Connecticut
|
-$5.85M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
-$4.77M |
| 5 |
D.E. Shaw & Co
New York
|
-$4.4M |
ULCC Hedge Fund Activity: Q1 2026 in Review
161 of the 8,187 institutional investors tracked by Wall St. Rank reported a position in Frontier Group Holdings (ULCC) for Q1 2026, worth a combined $445M — down 25% from $590M a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new ULCC positions and 28 closed out — a net gain of 6 holders — while 37 added to existing stakes and 64 trimmed.
The largest buyer was Marshall Wace, adding an estimated $14.5M. The largest seller was Millennium Management, cutting an estimated $9.51M.
- 161 institutional investors held Frontier Group Holdings (ULCC) as of Q1 2026, up from 156 in Q4 2025.
- Funds reported $445M of Frontier Group Holdings stock for Q1 2026, down 25% quarter-over-quarter.
- 34 funds opened new Frontier Group Holdings positions in Q1 2026 and 28 closed out, a net change of +6 holders.
- The largest Frontier Group Holdings buyer in Q1 2026 was Marshall Wace, an estimated $14.5M added.
- The largest Frontier Group Holdings seller in Q1 2026 was Millennium Management, an estimated $9.51M sold.
Based on aggregated 13F filings for Q1 2026.