American Airlines Group
AAL
654 hedge funds and large institutions have $18.8B invested in American Airlines Group in 2015 Q4 according to their latest regulatory filings, with 96 funds opening new positions, 172 increasing their positions, 294 reducing their positions, and 69 closing their positions.
39% more first-time investments, than exits
New positions opened: 96 | Existing positions closed: 69
34% more call options, than puts
Call options by funds: $1.51B | Put options by funds: $1.12B
5% more capital invested
Capital invested by funds: $17.9B → $18.8B (+$900M)
3% more funds holding
Funds holding: 633 → 654 (+21)
2% more funds holding in top 10
Funds holding in top 10: 45 → 46 (+1)
41% less repeat investments, than reductions
Existing positions increased: 172 | Existing positions reduced: 294
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Primecap Management
Pasadena,
California
|
+$140M |
| 2 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
+$121M |
| 3 |
Adage Capital Partners
Boston,
Massachusetts
|
+$98.4M |
| 4 |
Millennium Management
New York
|
+$65.4M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$60.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$271M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$174M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$90.2M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$78M |
| 5 |
Capital World Investors
Los Angeles,
California
|
-$73M |
AAL Hedge Fund Activity: Q4 2015 in Review
654 of the 3,824 institutional investors tracked by Wall St. Rank reported a position in American Airlines Group (AAL) for Q4 2015, worth a combined $18.8B — up 5% from $17.9B a quarter earlier.
Buyers outnumbered sellers: 96 funds opened new AAL positions and 69 closed out — a net gain of 27 holders — while 172 added to existing stakes and 294 trimmed.
The largest buyer was Primecap Management, adding an estimated $140M. The largest seller was Fidelity Investments, cutting an estimated $271M.
- 654 institutional investors held American Airlines Group (AAL) as of Q4 2015, up from 633 in Q3 2015.
- Funds reported $18.8B of American Airlines Group stock for Q4 2015, up 5% quarter-over-quarter.
- 96 funds opened new American Airlines Group positions in Q4 2015 and 69 closed out, a net change of +27 holders.
- The largest American Airlines Group buyer in Q4 2015 was Primecap Management, an estimated $140M added.
- The largest American Airlines Group seller in Q4 2015 was Fidelity Investments, an estimated $271M sold.
Based on aggregated 13F filings for Q4 2015.