Institutional Investors' Sentiment Split on American Airlines Group (AAL)

2024-03-12

American Airlines Group (AAL) was under close scrutiny by a significant number of hedge funds and ETFs during the last quarter. At that time, 571 hedge funds collectively held 612,149,733 AAL shares, while 70 ETFs had a stake in 55,605,568 AAL shares.

Notable institutional holders of AAL shares included Vanguard Group Inc., BlackRock Inc., and Primecap Management Co/CA, all of which held substantial amounts of AAL shares, indicating a high level of confidence in the company's performance.

Throughout the quarter, 192 hedge funds were actively buying AAL shares, while 262 were selling. Of particular interest was the fact that 41 hedge funds doubled down on their positions in AAL, signaling a notable increase in bullish sentiment. Conversely, 11 hedge funds offloaded at least 90% of their AAL shares, reflecting a more bearish outlook.

Among the most pessimistic institutions regarding AAL were Two Sigma Advisers, LP, D. E. Shaw & Co., Inc., and Citadel Advisors LLC. On the flip side, the most optimistic institutions included Barclays PLC, Citigroup Inc., and Diameter Capital Partners LP.

This data, obtained from sharkstracker.com, offers a data-driven perspective on the market and can be a valuable resource for investors seeking insights into the sentiment surrounding AAL.