Indigo Partners LLC

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 17, 2026), Indigo Partners LLC reported 2 stock positions worth $339.9 million. Its top holding was Controladora Vuela Cia-ADR (VLRS) at 55.5% of the portfolio, followed by Frontier (ULCC, 44.5%). Its holdings were unchanged from Q3 2025.

Most Recent 13F
Q2 2026
Location
PHOENIX, AZ
CIK
0001846122
Portfolio Value
$339.9M (Q4 2025)
SEC Filing
0001193125-26-052917 ↗ filed Feb 17, 2026

Holdings Value

0$500.0M$1.0B$1.5B$2.0B Q1 2024: $1.6B Q1 2024 Q2 2024: $293.4M Q2 2024 Q3 2024: $306.3M Q3 2024 Q4 2024: $386.3M Q4 2024 Q1 2025: $250.2M Q1 2025 Q2 2025: $217.5M Q2 2025 Q3 2025: $294.3M Q3 2025 Q4 2025: $339.9M $339.9M Q4 2025 Q1 2026: $267.2M Q1 2026 Q2 2026: $453.0M Q2 2026

Holdings 2 stocks · $339.9M
VLRS Controladora Vuela Cia-ADR 55.53% 21,257,566 $188.8M No change
ULCC Frontier Group Holdings Inc. 44.47% 32,092,007 $151.2M No change

Portfolio Sells Q3 2025 → Q4 2025
None this quarter.

Portfolio Buys Q3 2025 → Q4 2025
None this quarter.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 2$453.0MULCC, VLRS
Q1 2026 2$267.2MVLRS, ULCC
Q4 2025 2$339.9MVLRS, ULCC
Q3 2025 2$294.3MVLRS, ULCC
Q2 2025 2$217.5MULCC, VLRS
Q1 2025 2$250.2MULCC, VLRS
Q4 2024 2$386.3MULCC, VLRS
Q3 2024 2$306.3MULCC, VLRS
Q2 2024 2$293.4MULCC, VLRS
Q1 2024 2$1.6BULCC, VLRS