Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

FRONTIER GROUP HLDGS INC (ULCC)

162 + 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
45%

Smart Money Signals — ULCC

Based on 152 hedge funds · latest filing: 2025 Q4 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their ULCC positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
📊

High ownership — 92% of 3.0Y peak

92% of all-time peak
152 funds currently hold this stock — 92% of the 3.0-year high of 165 funds (reached 2025 Q1). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
〰️

Stable — ownership unchanged year-over-year

fund count last 6Q
The number of hedge funds holding ULCC is almost the same as a year ago (-3 funds, -2% change). No significant rush to buy or sell — institutional backing is holding steady.
🟠

More sellers than buyers — 45% buying

71 buying87 selling
Last quarter: 87 funds reduced or exited vs 71 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.
⚠️

Fewer new buyers each quarter (-13 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 41 → 32 → 37 → 24. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔒

55% of holders stayed for 2+ years

■ 55% conviction (2yr+) ■ 29% medium ■ 16% new
84 out of 152 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.
📊

Peak discovery — momentum slowing

39 → 41 → 32 → 37 → 24 new funds/Q
New funds entering each quarter: 41 → 32 → 37 → 24. 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.
🏛️

Deep conviction — 64% of holders stayed 2+ years

■ 64% veterans ■ 15% 1-2yr ■ 21% new
Of 162 current holders: 104 (64%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
📋

Smaller funds dominant — 18% AUM from top-100

18% from top-100 AUM funds
28 of 152 holders rank in the top 100 by AUM, but together hold only 18% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
3.2
out of 10
Low Exit Risk
Exit risk score 3.2/10 — 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 2025 Q4, 71 hedge funds were net buyers of ULCC (24 opened a new position, 47 added to an existing one), while 87 reduced or exited (60 trimmed, 27 sold completely) — a 45% buyer ratio, indicating roughly balanced activity. Net fund flow last quarter: -3 funds (more exits than new entries). Total institutional holders: 152.

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

Industrials Airlines

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

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

27 top-rated funds 0 high-conviction
Consensus
6.3
/ 10
breadth
×
Elite
1.0
/ 10
conviction
Hedge Fund Positioning: ULCC
2026 Q1 Stats Unlock in 6 days 162 + Investors

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

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 162 166 -2.41%
13F Shares 126M 136M -6.99%
Total Value $595M $599M -0.76%
New Positions 24 40 -16
Increased Positions 58 70 -12
Closed Positions 28 34 -6
Reduced Positions 77 51 +26
Total Calls 7 7 -
Total Puts 6 8 -25.0%
PUT/CALL Ratio 0.86 1.14 Neutral

Statistics: ULCC

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Valuation Measures Data as of: --

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Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

162 + investors

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

Top 25 institutional holders of ULCC — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Wildcat Capital Management, LLC 93.29% 28,061,351 $99.1M
2 U S GLOBAL INVESTORS INC 2.79% 6,781,412 $23.9M
3 Atlas Wealth LLC 0.41% 9,475 $1.4M
4 Optimize Financial Inc 0.17% 97,037 $343K
5 nVerses Capital, LLC 0.15% 46,393 $164K
6 GSA CAPITAL PARTNERS LLP 0.13% 584,152 $2K
7 STRAIGHTLINE GROUP LLC 0.12% 65,576 $231K
8 Mountain Capital Investment Advisors Inc. 0.08% 140,535 $540K
9 State of Wyoming 0.04% 107,250 $379K
10 Quantbot Technologies LP 0.04% 250,607 $885K
11 McGowan Group Asset Management, Inc. 0.01% 30,000 $106K
12 OneDigital Investment Advisors LLC 0.01% 363,153 $1.3M
13 LANDSCAPE CAPITAL MANAGEMENT, L.L.C. 0.01% 46,843 $165K
14 Caitong International Asset Management Co., Ltd 0.01% 10,161 $36K
15 Aster Capital Management (DIFC) Ltd 0.00% 2,776 $12K
16 Russell Investments Group, Ltd. 0.00% 927,620 $3.3M
17 FIRST TRUST ADVISORS LP 0.00% 1,179,019 $4.2M
18 SUMMIT SECURITIES GROUP LLC 0.00% 6,802 $24K
19 DRW Securities, LLC 0.00% 35,858 $127K
20 PRIMECAP MANAGEMENT CO/CA/ 0.00% 494,900 $1.7M
21 LRI Investments, LLC 0.00% 4,230 $15K
22 Y-Intercept (Hong Kong) Ltd 0.00% 16,885 $60K
23 Creative Planning 0.00% 465,463 $1.6M
24 GROUP ONE TRADING LLC 0.00% 122,577 $433K
25 Walleye Capital LLC 0.00% 55,000 $194K
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?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their ULCC positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for ULCC?

More sellers than buyers — 45% buying: Last quarter: 87 funds reduced or exited vs 71 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?

Smaller funds dominant — 18% AUM from top-100: 28 of 152 holders rank in the top 100 by AUM, but together hold only 18% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held ULCC?

55% of holders stayed for 2+ years: 84 out of 152 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.