| 4 | U S GLOBAL INVESTORS INC | 4.9M | $38.9M | -27.5% | 2.135% | 3.74% |
| 5 | TWO SIGMA INVESTMENTS, LP | 4.7M | $37.0M | +106.4% | 2.034% | 0.03% |
| 6 | MARSHALL WACE, LLP | 4.2M | $33.3M | +4.3% | 1.827% | 0.03% |
| 7 | JANE STREET GROUP, LLC | 3.7M | $29.3M | +258.5% | 1.610% | 0.00% |
| 8 | VANGUARD CAPITAL MANAGEMENT LLC | 3.7M | $28.9M | +1.8% | 1.587% | 0.00% |
| 9 | VANGUARD PORTFOLIO MANAGEMENT LLC | 3.4M | $26.7M | +3.1% | 1.465% | 0.00% |
| 10 | MILLENNIUM MANAGEMENT LLC | 2.9M | $22.8M | +924.0% | 1.250% | 0.01% |
| 11 | DIMENSIONAL FUND ADVISORS LP | 2.5M | $19.8M | +1.7% | 1.086% | 0.00% |
| 12 | STATE STREET CORP | 2.4M | $19.1M | +5.6% | 1.049% | 0.00% |
| 13 | Ancient Art, L.P. | 2.4M | $18.9M | -23.3% | 1.040% | 3.87% |
| 14 | CITADEL ADVISORS LLC | 2.0M | $15.8M | +169.7% | 0.869% | 0.00% |
| 15 | GEODE CAPITAL MANAGEMENT, LLC | 1.9M | $15.1M | +5.2% | 0.831% | 0.00% |
| 16 | BALYASNY ASSET MANAGEMENT L.P. | 1.8M | $13.9M | — | 0.764% | 0.02% |
| 17 | TUDOR INVESTMENT CORP ET AL | 1.6M | $12.8M | +41.9% | 0.703% | 0.02% |
| 18 | Silver Point Capital L.P. | 1.5M | $12.1M | -58.0% | 0.667% | 1.10% |
| 19 | Point72 Asset Management, L.P. | 1.4M | $11.4M | +101.2% | 0.626% | 0.01% |
| 20 | RENAISSANCE TECHNOLOGIES LLC | 1.4M | $11.0M | — | 0.606% | 0.02% |
| 21 | D. E. Shaw & Co., Inc. | 1.2M | $9.6M | +488.1% | 0.525% | 0.00% |
| 22 | GOLDMAN SACHS GROUP INC | 1.2M | $9.4M | +0.6% | 0.515% | 0.00% |
| 23 | JPMORGAN CHASE & CO | 1.2M | $9.2M | +4996.6% | 0.533% | 0.00% |
| 24 | BANK OF AMERICA CORP /DE/ | 928K | $7.3M | +118.2% | 0.403% | 0.00% |
| 25 | Jump Financial, LLC | 908K | $7.2M | +14.0% | 0.395% | 0.06% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). “% of Fund” shows how much of that investor’s total 13F portfolio is invested in ULCC — a direct measure of their conviction.
| 52.03% |
| +0.55 pp |
| $512M |
| 38% |
| Q4 2024 | 160 | +13% | 51.48% | 0.19 pp | $820M | +33% |
| Q3 2024 | 141 | — | 51.67% | — | $614M | — |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Δ columns compare to the immediately prior filed quarter.
42 institutions opened new positions in ULCC during Q2 2026, while 22 fully exited. 115 added to existing positions and 17 trimmed.
ULCC institutional ownership rose by 4.34 percentage points quarter-over-quarter, with a net change of +18 holders.
The top 10 institutions account for 69.5% of all reported 13F value in ULCC, and the top 25 account for 87.6%.
All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.
Frontier Group Holdings, Inc. (ULCC) Institutional Ownership