Dark Forest Capital Management’s American Airlines Group AAL Stock Holding History

Dark Forest Capital Management’s Portfolio AAL Stock Details AAL Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q3	–	Sell	-42,351	Closed	-$475K	–	1112
2025 Q2	$475K	Sell	42,351 -12,637	-23%	-$135K	0.02%	943
2025 Q1	$580K	Buy	54,988 +41,907	+320%	+$631K	0.03%	879
2024 Q4	$228K	Sell	13,081 -11,329	-46%	-$163K	0.03%	772
2024 Q3	$274K	Buy	+24,410	New	+$258K	0.04%	681
2023 Q4	–	Sell	-21,401	Closed	-$274K	–	427
2023 Q3	$274K	Buy	+21,401	New	+$332K	0.02%	933
2022 Q3	–	Sell	-134	Closed	-$2K	–	1089
2022 Q2	$2K	Buy	+134	New	+$2.23K	﹤0.01%	707
2022 Q1	–	Sell	-16	Closed	–	–	1207
2021 Q4	$0	Buy	+16	New	+$307	﹤0.01%	1378

Other funds holding AAL

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

Primecap Management Pasadena, California $127B AUM 44.11% 1-Year Est. Return

D.E. Shaw & Co New York $166B AUM 43.98% 1-Year Est. Return

UBS Group Zurich, Switzerland $666B AUM 30.12% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

Two Sigma Investments New York $124B AUM 33.93% 1-Year Est. Return

Two Sigma Advisers New York $51.4B AUM 31.07% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.61T AUM 30.72% 1-Year Est. Return

SPC

Slate Path Capital New York $6.73B AUM 95.97% 1-Year Est. Return

Dark Forest Capital Management's AAL Position: Q3 2025 in Review

Dark Forest Capital Management sold out of American Airlines Group (AAL) in Q3 2025, closing a stake of 42,351 shares — an estimated $475K sold.

Dark Forest Capital Management first reported a position in AAL in Q4 2021 and held it in 7 quarters. The position peaked at $580K in Q1 2025. 549 funds tracked by Wall St. Rank hold AAL as of Q3 2025.

Dark Forest Capital Management reported no remaining American Airlines Group position as of Q3 2025 after selling out during the quarter.
Dark Forest Capital Management sold 42,351 American Airlines Group shares in Q3 2025, an estimated $475K.
Dark Forest Capital Management first reported a position in American Airlines Group in Q4 2021 and held it in 7 quarters.
Dark Forest Capital Management's American Airlines Group position peaked at $580K in Q1 2025.
549 funds tracked by Wall St. Rank held American Airlines Group as of Q3 2025.

Based on Dark Forest Capital Management's 13F filing for Q3 2025, filed 14 Nov 2025.