Frontier Group Holdings
ULCC
178 hedge funds and large institutions have $1.08B invested in Frontier Group Holdings in 2026 Q2 according to their latest regulatory filings, with 45 funds opening new positions, 66 increasing their positions, 43 reducing their positions, and 24 closing their positions.
142% more capital invested
Capital invested by funds: $445M → $1.08B (+$630M)
88% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 24
53% more repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 43
40% more funds holding in top 10
Funds holding in top 10: 5 → 7 (+2)
16% more call options, than puts
Call options by funds: $5.38M | Put options by funds: $4.65M
11% more funds holding
Funds holding: 161 → 178 (+17)
4.34% more ownership
Funds ownership: 54.86% → 59.2% (+4.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$13.4M |
| 2 |
Jane Street
New York
|
+$13.4M |
| 3 |
Two Sigma Investments
New York
|
+$12.5M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
+$9.07M |
| 5 |
Renaissance Technologies
New York
|
+$7.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SPC
Silver Point Capital
Greenwich,
Connecticut
|
-$10.9M |
| 2 |
USGIU
U.S. Global Investors (USGI)
San Antonio,
Texas
|
-$9.63M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
-$8.11M |
| 4 |
PCM
PAR Capital Management
Boston,
Massachusetts
|
-$7.52M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
-$4.16M |
ULCC Hedge Fund Activity: Q2 2026 in Review
178 of the 8,305 institutional investors tracked by Wall St. Rank reported a position in Frontier Group Holdings (ULCC) for Q2 2026, worth a combined $1.08B — up 142% from $445M a quarter earlier.
Buyers outnumbered sellers: 45 funds opened new ULCC positions and 24 closed out — a net gain of 21 holders — while 66 added to existing stakes and 43 trimmed.
The largest buyer was Millennium Management, adding an estimated $13.4M. The largest seller was Silver Point Capital, cutting an estimated $10.9M.
- 178 institutional investors held Frontier Group Holdings (ULCC) as of Q2 2026, up from 161 in Q1 2026.
- Funds reported $1.08B of Frontier Group Holdings stock for Q2 2026, up 142% quarter-over-quarter.
- 45 funds opened new Frontier Group Holdings positions in Q2 2026 and 24 closed out, a net change of +21 holders.
- The largest Frontier Group Holdings buyer in Q2 2026 was Millennium Management, an estimated $13.4M added.
- The largest Frontier Group Holdings seller in Q2 2026 was Silver Point Capital, an estimated $10.9M sold.
Based on aggregated 13F filings for Q2 2026.