Who Owns Frontier Group Holdings, Inc.?
Updated onExplore the ownership hierarchy of Frontier Group Holdings, Inc.. See parent companies, holding structures, and ultimate controllers.
Ownership Chain
Frontier Group Holdings, Inc.
Publicly traded ultra-low-cost airline holding company and parent of Frontier Airlines, headquartered in Denver, Colorado, that provides low-fare passenger air travel across the United States and select international markets.
Frontier Group Holdings, Inc. appears to be independent with no known parent company.
Frontier Group Holdings, Inc.
Publicly traded ultra-low-cost airline holding company and parent of Frontier Airlines, headquartered in Denver, Colorado, that provides low-fare passenger air travel across the United States and select international markets.
Frontier Group Holdings, Inc. appears to be independent with no known parent company.
Major Shareholders
Frontier Group Holdings, Inc.
Major Shareholders
| Name | Type | Ownership | Voting | As of |
|---|---|---|---|---|
William A. Franke Largest individual shareholder; MarketScreener and related ownership data report he holds about 67.4M ULCC shares (~29.4% of outstanding) after the 2024 Indigo Partners distribution. | Individual | 29.4% | 29.4% | May 2025 |
Group Holdings - Frontier LLC Private holding company that directly owns roughly 34.4M ULCC shares (~15% stake) according to institutional-holder filings. | Corporate | 15.0% | 15.0% | Mar 2025 |
Indigo Partners LLC Private equity firm focused on airlines; after distributing most Frontier shares in April 2024, it still directly holds about 32.1M ULCC shares (~14%). | Institutional | 14.0% | 14.0% | Jun 2025 |
Wildcat Capital Management, LLC Hedge fund that directly owns about 28.1M ULCC shares (~12.3%), making Frontier its largest disclosed holding. | Institutional | 12.3% | 12.3% | Jun 2025 |
Vanguard Fiduciary Trust Co. (The Vanguard Group, Inc.) Vanguard-affiliated entity holding around 7.8M ULCC shares (~3.4%) via index and other funds. | Institutional | 3.4% | 3.4% | Jun 2025 |
Silver Point Capital LP Credit- and special-situations focused investment firm; filings show ownership of about 6.26M ULCC shares (~2.7%). | Institutional | 2.7% | 2.7% | — |
BlackRock Advisors LLC (BlackRock, Inc.) BlackRock group entities collectively report holding roughly 6.1–6.4M ULCC shares (about 2.7–2.8% of the company). | Institutional | 2.7% | 2.7% | Jun 2025 |
Brian H. Franke Director and significant individual shareholder; MarketScreener reports ownership of about 5.74M ULCC shares (~2.5%). | Individual | 2.5% | 2.5% | May 2025 |
U.S. Global Investors, Inc. Investment manager whose funds collectively own roughly 4.56M ULCC shares (about 2.0%). | Institutional | 2.0% | 2.0% | Sep 2025 |
Ancient Art, L.P. Investment partnership (also known as Teton Capital) holding around 4.3–4.7M ULCC shares, or roughly 1.9% of the company. | Institutional | 1.9% | 1.9% | Jun 2025 |
Dimensional Fund Advisors LP Quantitative asset manager whose funds together own approximately 3.8–4.0M ULCC shares (around 1.7–1.8%). | Institutional | 1.8% | 1.8% | Jun 2025 |
Bank of America Corporation Bank of America and affiliates report beneficial ownership of just over 3.0M ULCC shares (~1.3%). | Institutional | 1.3% | 1.3% | Jun 2025 |
Citigroup Inc. Citigroup-related entities hold roughly 2.5–2.8M ULCC shares, corresponding to about 1.1–1.2% of outstanding shares. | Institutional | 1.2% | 1.2% | Jun 2025 |
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