American Airlines Group
AAL
495 hedge funds and large institutions have $3.36B invested in American Airlines Group in 2020 Q3 according to their latest regulatory filings, with 74 funds opening new positions, 184 increasing their positions, 124 reducing their positions, and 93 closing their positions.
48% more repeat investments, than reductions
Existing positions increased: 184 | Existing positions reduced: 124
3.01% less ownership
Funds ownership: 56.23% → 53.22% (-3%)
4% less funds holding
Funds holding: 516 → 495 (-21)
10% less capital invested
Capital invested by funds: $3.73B → $3.36B (-$372M)
20% less first-time investments, than exits
New positions opened: 74 | Existing positions closed: 93
29% less funds holding in top 10
Funds holding in top 10: 7 → 5 (-2)
57% less call options, than puts
Call options by funds: $755M | Put options by funds: $1.75B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
USGIU
U.S. Global Investors (USGI)
San Antonio,
Texas
|
+$68.1M |
| 2 |
BlackRock
New York
|
+$46.6M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$43.6M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$35.3M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$33.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$119M |
| 2 |
D.E. Shaw & Co
New York
|
-$106M |
| 3 |
CCM
CAAS Capital Management
New York
|
-$103M |
| 4 |
Primecap Management
Pasadena,
California
|
-$33.7M |
| 5 |
SCM
Stonehill Capital Management
New York
|
-$22.9M |
AAL Hedge Fund Activity: Q3 2020 in Review
495 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in American Airlines Group (AAL) for Q3 2020, worth a combined $3.36B — down 10% from $3.73B a quarter earlier.
Sellers outnumbered buyers: 93 funds closed out of AAL and 74 opened new positions — a net loss of 19 holders — while 124 trimmed existing stakes and 184 added.
The largest buyer was U.S. Global Investors (USGI), adding an estimated $68.1M. The largest seller was Arrowstreet Capital, exiting entirely with an estimated $119M sold.
- 495 institutional investors held American Airlines Group (AAL) as of Q3 2020, down from 516 in Q2 2020.
- Funds reported $3.36B of American Airlines Group stock for Q3 2020, down 10% quarter-over-quarter.
- 74 funds opened new American Airlines Group positions in Q3 2020 and 93 closed out, a net change of -19 holders.
- The largest American Airlines Group buyer in Q3 2020 was U.S. Global Investors (USGI), an estimated $68.1M added.
- The largest American Airlines Group seller in Q3 2020 was Arrowstreet Capital, an estimated $119M sold.
Based on aggregated 13F filings for Q3 2020.