Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Frontier Group Hldgs Inc (ULCC)

159 + Investors. Track Smart Money conviction in ULCC. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +3
Streak
1Q ▲
Buyers last Q
43%

Smart Money Signals — ULCC

Based on 161 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds added ULCC than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
📊

High ownership — 94% of 3.0Y peak

94% of all-time peak
161 funds currently hold this stock — 94% of the 3.0-year high of 171 funds (reached 2025 Q1). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📉

Outflows — 6% fewer funds vs a year ago

fund count last 6Q
10 fewer hedge funds hold ULCC compared to a year ago (-6% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🟠

More sellers than buyers — 43% buying

73 buying95 selling
Last quarter: 95 funds reduced or exited vs 73 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
📈

More new buyers each quarter (+8 vs last Q)

new funds entering per quarter
Funds opening a new ULCC position: 35 → 37 → 24 → 32. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

53% of holders stayed for 2+ years

■ 53% conviction (2yr+) ■ 30% medium ■ 17% new
85 out of 161 hedge funds have held ULCC for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
💎

Buying through price weakness — shares +1%, value -24%

Value
-24%
Shares
+1%
Last quarter: funds added +1% more shares while total portfolio value only changed -24%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
📊

Peak discovery — momentum slowing

41 → 35 → 37 → 24 → 32 new funds/Q
New funds entering each quarter: 35 → 37 → 24 → 32. ULCC is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.
🏛️

Veteran-anchored — 66% veterans vs 19% newcomers

■ 66% veterans ■ 15% 1-2yr ■ 19% new
Entry-cohort mix of 170 holders: 113 (66%) are 2+ year veterans, 25 entered 1–2 years ago, and 32 (19%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
✅

Strong quality — 20% AUM from major funds

20% from top-100 AUM funds
42 of 160 holders rank in the top 100 by AUM, accounting for 20% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
3.5
out of 10
Low Exit Risk
Exit risk score 3.5/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — ULCC

In 2026 Q1, 73 hedge funds were net buyers of ULCC (32 opened a new position, 41 added to an existing one), while 95 reduced or exited (66 trimmed, 29 sold completely) — a 43% buyer ratio, indicating roughly balanced activity. 20% of total institutional value in ULCC is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +3 funds (more new holders than closures). Total institutional holders: 161.

Hedge Fund Ownership: ULCC

How many hedge funds hold ULCC — quarterly history vs. share price
Quarterly hedge fund ownership of ULCC vs. share price

Market Analysis: ULCC

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: ULCC

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Loading signal freshness…
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

12 top-rated funds 1 high-conviction
Consensus
4.8
/ 10
breadth
×
Elite
1.7
/ 10
conviction
Hedge Fund Positioning: ULCC
2026 Q2 Stats Unlock in 1 days 159 + Investors

Track Smart Money conviction in ULCC. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 159 158 0.63%
13F Shares 128M 126M 1.31%
Total Value $450M $595M -24.31%
New Positions 32 24 +8
Increased Positions 37 44 -7
Closed Positions 30 28 +2
Reduced Positions 63 62 +1
Total Calls 5 7 -28.57%
Total Puts 5 6 -16.67%
PUT/CALL Ratio 1.0 0.86 Neutral

Statistics: ULCC

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Financial Highlights

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Institutional Holders (2026 Q2)

159 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in ULCC. Verified SEC 13F-HR filings.

QUARTER:
2026 Q2 filings are still coming in. Only funds that have filed so far are shown — top holders may not have reported yet. Full 13F data typically settles by ~50 days after quarter-end.
Top 25 ULCC holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Wildcat Capital Management, LLC 97.13% 28,061,351 $222.0M
2 Indigo Partners LLC 56.03% 32,092,007 $253.8M
3 Prentice Capital Management, LP 9.41% 628,567 $5.0M
4 Ancient Art, L.P. 3.87% 2,395,119 $18.9M
5 U S Global Investors Inc 3.74% 4,914,655 $38.9M
6 Silver Point Capital L.P. 1.10% 1,535,000 $12.1M
7 Blueshift Asset Management, LLC 0.64% 348,080 $2.8M
8 VARCOV Co. 0.55% 184,084 $1.5M
9 Olympiad Research LP 0.37% 22,392 $177K
10 Crawford Fund Management, LLC 0.33% 270,000 $2.1M
11 Sound Capital Solutions LLC 0.18% 96,701 $765K
12 Landscape Capital Management, L.L.C. 0.13% 249,973 $2.0M
13 Mountain Capital Investment Advisors Inc. 0.12% 109,529 $866K
14 Occudo Quantitative Strategies LP 0.11% 257,976 $2.0M
15 Straightline Group LLC 0.10% 26,670 $211K
16 State of Wyoming 0.09% 116,887 $925K
17 PDT Partners, LLC 0.08% 200,498 $1.6M
18 Quinn Opportunity Partners LLC 0.07% 190,200 $1.5M
19 Numerai GP LLC 0.07% 106,881 $845K
20 Aquatic Capital Management LLC 0.07% 250,722 $2.0M
21 R Squared Ltd 0.05% 12,365 $98K
22 Axq Capital, LP 0.05% 59,460 $470K
23 Voleon Capital Management LP 0.05% 312,699 $2.5M
24 Mirabella Financial Services LLP 0.04% 48,695 $385K
25 Quantbot Technologies LP 0.04% 112,221 $888K
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Frontier Group Hldgs Inc (ULCC)

What does the Smart Money Trend signal show for ULCC?

Buying streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds added ULCC than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for ULCC?

More sellers than buyers — 43% buying: Last quarter: 95 funds reduced or exited vs 73 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for ULCC holders?

Strong quality — 20% AUM from major funds: 42 of 160 holders rank in the top 100 by AUM, accounting for 20% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held ULCC?

53% of holders stayed for 2+ years: 85 out of 161 hedge funds have held ULCC for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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