Miller Value Partners’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	-2,702,650	Closed	-$77.5M	–	74
2019 Q4	$77.5M	Buy	2,702,650 +514,600	+24%	+$14.7M	2.77%	14
2019 Q3	$59M	Buy	2,188,050 +643,275	+42%	+$18.8M	2.39%	18
2019 Q2	$50.4M	Buy	1,544,775 +200	+0%	+$6.46K	2.01%	26
2019 Q1	$49.1M	Buy	1,544,575 +1,775	+0.1%	+$59.6K	1.95%	26
2018 Q4	$49.5M	Sell	1,542,800 -4,425	-0.3%	-$154K	2.26%	22
2018 Q3	$63.9M	Buy	1,547,225 +17,725	+1%	+$693K	2.08%	22
2018 Q2	$58.1M	Sell	1,529,500 -8,250	-0.5%	-$364K	2.18%	22
2018 Q1	$79.9M	Sell	1,537,750 -96,450	-6%	-$5.17M	3.43%	8
2017 Q4	$85M	Sell	1,634,200 -23,925	-1%	-$1.19M	3.68%	7
2017 Q3	$78.7M	Sell	1,658,125 -56,500	-3%	-$2.73M	3.62%	9
2017 Q2	$86.3M	Sell	1,714,625 -45,900	-3%	-$2.13M	3.92%	10
2017 Q1	$74.5M	Sell	1,760,525 -157,000	-8%	-$7.1M	3.86%	10
2016 Q4	$89.5M	Sell	1,917,525 -94,125	-5%	-$4.1M	4.76%	4
2016 Q3	$73.6M	Sell	2,011,650 -2,675	-0.1%	-$94.5K	4.19%	12
2016 Q2	$57M	Sell	2,014,325 -350,800	-15%	-$11.9M	3.68%	13
2016 Q1	$97M	Sell	2,365,125 -221,500	-9%	-$8.91M	4.81%	6
2015 Q4	$110M	Buy	2,586,625 +182,200	+8%	+$7.9M	4.19%	5
2015 Q3	$93.4M	Hold	2,404,425	–	–	3.98%	7
2015 Q2	$96M	Hold	2,404,425	–	–	3.64%	5
2015 Q1	$127M	Buy	2,404,425 +3,200	+0.1%	+$162K	4.79%	2
2014 Q4	$129M	Buy	2,401,225 +114,950	+5%	+$4.95M	5.05%	1
2014 Q3	$81.1M	Buy	2,286,275 +66,500	+3%	+$2.62M	3.44%	4
2014 Q2	$95.4M	Sell	2,219,775 -261,475	-11%	-$10.2M	3.83%	2
2014 Q1	$90.8M	Buy	2,481,250 +11,325	+0.5%	+$385K	3.64%	3
2013 Q4	$62.4M	Buy	+2,469,925	New	+$63.6M	2.9%	9