Beach Investment Management’s American Airlines Group AAL Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2018 Q2	–	Sell	-8,870	Closed	-$461K	–	40
2018 Q1	$461K	Hold	8,870	–	–	0.75%	40
2017 Q4	$462K	Hold	8,870	–	–	0.71%	39
2017 Q3	$421K	Sell	8,870 -7,840	-47%	-$379K	0.73%	39
2017 Q2	$841K	Hold	16,710	–	–	1.27%	31
2017 Q1	$707K	Buy	16,710 +8,940	+115%	+$404K	1.11%	34
2016 Q4	$363K	Buy	+7,770	New	+$338K	0.62%	39
2016 Q2	–	Sell	-19,810	Closed	-$812K	–	36
2016 Q1	$812K	Sell	19,810 -9,560	-33%	-$385K	1.48%	28
2015 Q4	$1.24M	Sell	29,370 -6,840	-19%	-$296K	2.19%	17
2015 Q3	$1.41M	Buy	36,210 +14,800	+69%	+$608K	2.93%	12
2015 Q2	$855K	Sell	21,410 -6,540	-23%	-$298K	1.28%	33
2015 Q1	$1.48M	Hold	27,950	–	–	2.17%	16
2014 Q4	$1.5M	Buy	27,950 +3,510	+14%	+$151K	2.11%	18
2014 Q3	$867K	Sell	24,440 -37,570	-61%	-$1.48M	1.27%	33
2014 Q2	$2.66M	Buy	62,010 +13,370	+27%	+$522K	3.65%	8
2014 Q1	$1.78M	Hold	48,640	–	–	2.35%	14
2013 Q4	$1.23M	Buy	+48,640	New	+$1.25M	1.7%	27