Masters Capital 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
2020 Q1	–	Sell	-1,050,293	Closed	-$23.9M	–	51
2019 Q4	$30.1M	Buy	1,050,293 +50,293	+5%	+$1.43M	1.71%	12
2019 Q3	$27M	Hold	1,000,000	–	–	1.6%	18
2019 Q2	$32.6M	Hold	1,000,000	–	–	1.59%	18
2019 Q1	$31.8M	Hold	1,000,000	–	–	1.7%	16
2018 Q4	$32.1M	Hold	1,000,000	–	–	1.75%	18
2018 Q3	$41.3M	Buy	1,000,000 +51,025	+5%	+$1.99M	1.02%	32
2018 Q2	$36M	Sell	948,975 -51,025	-5%	-$2.25M	1.01%	28
2018 Q1	$52M	Hold	1,000,000	–	–	1.13%	23
2017 Q4	$52M	Hold	1,000,000	–	–	1.25%	27
2017 Q3	$47.5M	Hold	1,000,000	–	–	1.11%	24
2017 Q2	$50.3M	Hold	1,000,000	–	–	1.25%	28
2017 Q1	$42.3M	Hold	1,000,000	–	–	1.05%	28
2016 Q4	$46.7M	Hold	1,000,000	–	–	1.03%	26
2016 Q3	$36.6M	Hold	1,000,000	–	–	0.74%	30
2016 Q2	$28.3M	Sell	1,000,000 -100,100	-9%	-$3.38M	0.83%	28
2016 Q1	$45.1M	Sell	1,100,100 -71,162	-6%	-$2.86M	0.94%	23
2015 Q4	$49.6M	Buy	1,171,262 +86,785	+8%	+$3.76M	1.3%	19
2015 Q3	$42.1M	Buy	1,084,477 +65,105	+6%	+$2.67M	1.43%	18
2015 Q2	$40.7M	Sell	1,019,372 -31,513	-3%	-$1.44M	1.33%	17
2015 Q1	$55.5M	Buy	1,050,885 +24,990	+2%	+$1.27M	1.6%	19
2014 Q4	$55M	Buy	1,025,895 +19,495	+2%	+$840K	1.52%	19
2014 Q3	$35.7M	Buy	1,006,400 +6,400	+0.6%	+$252K	1.31%	18
2014 Q2	$43M	Hold	1,000,000	–	–	1.98%	15
2014 Q1	$36.6M	Sell	1,000,000 -5,898	-0.6%	-$201K	1.23%	26
2013 Q4	$25.4M	Buy	+1,005,898	New	+$25.9M	1.06%	26