Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

AMERICAN AIRLINES GROUP INC (AAL)

594 + Investors. Track Smart Money conviction in AAL. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +10
Streak
1Q ▲
Buyers last Q
50%

Smart Money Signals — AAL

Based on 538 hedge funds · latest filing: 2025 Q4 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds added AAL than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
📊

High ownership — 94% of 3.0Y peak

94% of all-time peak
538 funds currently hold this stock — 94% of the 3.0-year high of 570 funds (reached 2024 Q2). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📉

Outflows — 5% fewer funds vs a year ago

fund count last 6Q
30 fewer hedge funds hold AAL compared to a year ago (-5% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🟡

Slight buying edge — 50% buying

276 buying280 selling
Last quarter: 276 funds bought or added vs 280 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
📈

More new buyers each quarter (+20 vs last Q)

new funds entering per quarter
Funds opening a new AAL position: 98 → 92 → 74 → 94. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

67% of holders stayed for 2+ years

■ 67% conviction (2yr+) ■ 17% medium ■ 16% new
360 out of 538 hedge funds have held AAL for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
💰

Price up while funds trimmed (+31% value, -6% shares)

Value
+31%
Shares
-5%
Last quarter: total value of institutional AAL holdings rose +31% even though funds reduced share count by 6%. The stock price increased enough to offset the selling. Institutions are quietly trimming into price strength — watch for rotation.
➡️

Steady discovery — ~94 new funds/quarter

119 → 98 → 92 → 74 → 94 new funds/Q
New funds entering each quarter: 98 → 92 → 74 → 94. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Deep conviction — 72% of holders stayed 2+ years

■ 72% veterans ■ 10% 1-2yr ■ 18% new
Of 594 current holders: 428 (72%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
✅

Strong quality — 30% AUM from major funds

30% from top-100 AUM funds
38 of 538 holders rank in the top 100 by AUM, accounting for 30% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
3.1
out of 10
Low Exit Risk
Exit risk score 3.1/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Hedge Fund Ownership: AAL

How many hedge funds hold AAL — quarterly history vs. share price
Quarterly hedge fund ownership of AAL vs. share price

Market Analysis: AAL

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: AAL

-- --
Smart Money Signal ?
Broad Consensus, Selective Conviction

Many quality funds hold this stock, but top-tier positions remain relatively small.

76 top-rated funds 2 high-conviction
Consensus
8.2
/ 10
breadth
×
Elite
3.3
/ 10
conviction
Hedge Fund Positioning: AAL
2026 Q1 Stats Unlock in 20 days 594 + Investors

Track Smart Money conviction in AAL. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 594 590 0.68%
13F Shares 652M 690M -5.51%
Total Value $10.05B $7.66B 31.16%
New Positions 95 78 +17
Increased Positions 255 256 -1
Closed Positions 88 91 -3
Reduced Positions 280 270 +10
Total Calls 29 32 -9.38%
Total Puts 45 52 -13.46%
PUT/CALL Ratio 1.55 1.62 Bearish

Statistics: AAL

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Valuation Measures Data as of: --

Market Cap --
Enterprise Value --
Trailing P/E --
Forward P/E --
PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
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Institutional Holders (2026 Q1)

594 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in AAL. Verified SEC 13F-HR filings.

Top 25 institutional holders of AAL — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 HENNESSY ADVISORS INC 1.09% 2,810,900 $30.2M
2 Collaborative Fund Advisors, LLC 1.02% 153,939 $1.7M
3 BW Gestao de Investimentos Ltda. 0.88% 2,468,000 $26.5M
4 FSA WEALTH PARTNERS, INC. 0.57% 110,680 $1.2M
5 KWMG, LLC 0.44% 486,436 $5.2M
6 Daytona Street Capital LLC 0.39% 45,150 $505K
7 Hosking Partners LLP 0.35% 908,643 $9.8M
8 Leonteq Securities AG 0.26% 652,275 $7.0M
9 Hodges Capital Management Inc. 0.25% 282,500 $3.0M
10 Index Technologies Group LLC 0.25% 21,396 $230K
11 Gibraltar Capital Management, Inc. 0.23% 126,600 $1.4M
12 Consilium Wealth Advisory, LLC 0.21% 56,565 $608K
13 Avondale Wealth Management 0.21% 39,000 $419K
14 MQS Management LLC 0.18% 25,238 $271K
15 Quantum Portfolio Management LLC 0.16% 34,980 $376K
16 Marex Group plc 0.15% 494,488 $5.6M
17 Register Financial Advisors LLC 0.13% 32,605 $350K
18 FNY Investment Advisers, LLC 0.12% 25,000 —
19 R Squared Ltd 0.08% 13,577 $146K
20 REXFORD CAPITAL INC 0.08% 10,238 $110K
21 PING CAPITAL MANAGEMENT, INC. 0.08% 25,000 $268K
22 Leonteq Securities AG 0.07% 180,000 $1.9M
23 Strathmore Capital Advisors, Inc. 0.07% 20,162 $244K
24 Bayforest Capital Ltd 0.04% 3,725 $40K
25 PayPay Securities Corp 0.04% 92 $1K
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — AMERICAN AIRLINES GROUP INC (AAL)

What does the Smart Money Trend signal show for AAL?

Buying streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds added AAL than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for AAL?

Slight buying edge — 50% buying: Last quarter: 276 funds bought or added vs 280 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for AAL holders?

Strong quality — 30% AUM from major funds: 38 of 538 holders rank in the top 100 by AUM, accounting for 30% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held AAL?

67% of holders stayed for 2+ years: 360 out of 538 hedge funds have held AAL for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.