Frontier Group Holdings Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

NasdaqGS:ULCC Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
06 Dec 24	SellUS$1,054,758	Josh Connor	Individual	180,000	US$6.00
04 Dec 24	SellUS$350,811	Josh Connor	Individual	60,000	US$5.95
14 Nov 24	SellUS$81,006	Josh Wetzel	Individual	12,000	US$6.75
16 May 24	SellUS$66,000	Josh Wetzel	Individual	11,000	US$6.00
23 Feb 24	SellUS$3,605	Barry Biffle	Individual	500	US$7.21

Insider Trading Volume

Insider Buying: ULCC insiders have only sold shares in the past 3 months.

Ownership Breakdown

What is the ownership structure of ULCC?
Owner Type	Number of Shares	Ownership Percentage
Hedge Funds	28,061,351	12.2%
VC/PE Firms	32,092,007	14%
Private Companies	34,406,526	15%
Institutions	56,669,679	24.7%
Individual Insiders	78,014,991	34%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 96.89% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
29.9%	William Franke	67,385,792	US$454.9m	0%	no data
15.3%	Group Holdings - Frontier Llc	34,406,526	US$232.2m	0%	no data
14.2%	Indigo Partners LLC	32,092,007	US$216.6m	0%	25.49%
12.5%	Wildcat Capital Management, LLC	28,061,351	US$189.4m	0%	79.11%
3.62%	The Vanguard Group, Inc.	8,159,951	US$55.1m	73.2%	no data
3.36%	U.S. Global Investors, Inc.	7,564,954	US$51.1m	71.4%	3.02%
3.34%	Ancient Art, L.P.	7,527,721	US$50.8m	0%	7.76%
2.54%	Brian Franke	5,714,173	US$38.6m	0%	no data
1.91%	Tiedemann Advisors, LLC	4,304,682	US$29.1m	0%	0.68%
1.78%	BlackRock, Inc.	4,014,585	US$27.1m	15.4%	no data
0.98%	Towle & Co	2,214,159	US$14.9m	-33.8%	2.06%
0.92%	Schonfeld Strategic Advisors LLC	2,068,172	US$14.0m	-38.5%	0.11%
0.83%	Millennium Management LLC	1,862,879	US$12.6m	60.3%	0.01%
0.81%	Balyasny Asset Management L.P.	1,818,734	US$12.3m	291%	0.03%
0.78%	Par Capital Management, Inc.	1,756,100	US$11.9m	0%	0.27%
0.71%	Geode Capital Management, LLC	1,590,598	US$10.7m	38.4%	no data
0.64%	Bank of America Corporation, Asset Management Arm	1,444,231	US$9.7m	53.8%	no data
0.51%	Barry Biffle	1,152,741	US$7.8m	12.9%	no data
0.45%	State Street Global Advisors, Inc.	1,007,478	US$6.8m	-2.6%	no data
0.37%	Andrew Broderick	823,486	US$5.6m	0%	no data
0.36%	Citadel Advisors LLC	807,278	US$5.4m	0%	0.01%
0.34%	James Dempsey	755,687	US$5.1m	19.7%	no data
0.29%	Verition Fund Management LLC	646,243	US$4.4m	236%	0.03%
0.27%	Charles Schwab Investment Management, Inc.	599,006	US$4.0m	81.6%	no data
0.26%	Howard Diamond	578,475	US$3.9m	6.52%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/22 03:45
End of Day Share Price	2024/12/20 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Frontier Group Holdings, Inc. is covered by 14 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Brandon Oglenski	Barclays
Brandon Oglenski	Barclays
Andrew Didora	BofA Global Research