Cliff Asness's AAL Position Overview
Cliff Asness (via Aqr Capital Management LLC) currently holds 1.98 M shares of American Airlines Group Inc. (AAL) worth $30.42 M, representing 0.02% of the portfolio. First purchased in 2013-Q4, this long-term strategic position has been held for 39 quarters.
Based on 13F filings, Cliff Asness has maintained a strategic position in AAL, demonstrating sustained confidence in this investment. Largest addition occurred in Q3 2019, adding 2.52 M shares. Largest reduction occurred in Q4 2019, reducing 2.49 M shares.
Analysis based on 13F filings available since 2013 Q2
Cliff Asness's American Airlines Group (AAL) Holding Value Over Time
Track share changes against reported price movement
Quarterly American Airlines Group (AAL) Trades by Cliff Asness
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2025 | +1.87 M | Add 1711.50% | 1.98 M | $15.33 |
| Q3 2025 | +44,164 | Add 67.55% | 109,548 | $11.24 |
| Q2 2025 | -129,226 | Reduce 66.40% | 65,384 | $11.22 |
| Q1 2025 | -595,887 | Reduce 75.38% | 194,610 | $10.22 |
| Q4 2024 | +183,108 | Add 30.15% | 790,497 | $17.43 |
| Q3 2024 | -2.12 M | Reduce 77.70% | 607,389 | $11.24 |
| Q2 2024 | -212,421 | Reduce 7.23% | 2.72 M | $11.26 |
| Q1 2024 | +2.09 M | Add 247.80% | 2.94 M | $15.27 |
| Q4 2023 | -253,919 | Reduce 23.12% | 844,269 | $13.74 |
| Q3 2023 | -109,270 | Reduce 9.05% | 1.1 M | $12.81 |
| Q2 2023 | +737,477 | Add 156.92% | 1.21 M | $17.81 |
| Q1 2023 | +469,981 | New Buy | 469,981 | $14.59 |
| Q3 2021 | -309,230 | Sold Out | 0 | $0.00 |
| Q2 2021 | +266,446 | Add 622.77% | 309,230 | $21.19 |
| Q1 2021 | +23,364 | Add 120.31% | 42,784 | $23.82 |
| Q4 2020 | -7,995 | Reduce 29.16% | 19,420 | $15.65 |
| Q3 2020 | -111,674 | Reduce 80.29% | 27,415 | $12.29 |
| Q2 2020 | -56,201 | Reduce 28.78% | 139,089 | $12.98 |
| Q1 2020 | +169,125 | Add 646.38% | 195,290 | $12.19 |
| Q4 2019 | -2.49 M | Reduce 98.96% | 26,165 | $28.51 |
| Q3 2019 | +2.52 M | New Buy | 2.52 M | $26.97 |
| Q1 2018 | -17,520 | Sold Out | 0 | $0.00 |
| Q4 2017 | -34,076 | Reduce 66.04% | 17,520 | $52.05 |
| Q3 2017 | +38,018 | Add 280.00% | 51,596 | $47.48 |
| Q2 2017 | +13,578 | New Buy | 13,578 | $50.30 |
| Q1 2017 | -247,337 | Sold Out | 0 | $0.00 |
| Q4 2016 | +143,162 | Add 137.42% | 247,337 | $46.69 |
| Q3 2016 | -188,982 | Reduce 64.46% | 104,175 | $36.61 |
| Q2 2016 | -507,380 | Reduce 63.38% | 293,157 | $28.31 |
| Q1 2016 | -958,912 | Reduce 54.50% | 800,537 | $41.01 |
| Q4 2015 | -419,651 | Reduce 19.26% | 1.76 M | $42.35 |
| Q3 2015 | +414,732 | Add 23.51% | 2.18 M | $38.83 |
| Q2 2015 | -313,663 | Reduce 15.09% | 1.76 M | $39.93 |
| Q1 2015 | +1.57 M | Add 311.22% | 2.08 M | $52.78 |
| Q4 2014 | -245,319 | Reduce 32.68% | 505,329 | $53.63 |
| Q3 2014 | +476,000 | Add 173.31% | 750,648 | $35.48 |
| Q2 2014 | +244,800 | Add 820.16% | 274,648 | $42.96 |
| Q1 2014 | -69,956 | Reduce 70.09% | 29,848 | $36.59 |
| Q4 2013 | +99,804 | New Buy | 99,804 | $25.25 |
Cliff Asness's American Airlines Group Investment FAQs
Cliff Asness first purchased American Airlines Group Inc. (AAL) in Q4 2013, acquiring 99,804 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Cliff Asness has held American Airlines Group Inc. (AAL) for 39 quarters since Q4 2013.
Cliff Asness's largest addition to American Airlines Group Inc. (AAL) was in Q3 2019, adding 2,515,260 shares worth $67.84 M.
According to the latest 13F filing for Q4 2025, Cliff Asness's firm, Aqr Capital Management LLC, owns 1,984,457 shares of American Airlines Group Inc. (AAL), valued at approximately $30.42 M.
As of the Q4 2025 filing, American Airlines Group Inc. (AAL) represents approximately 0.02% of Cliff Asness's publicly disclosed stock portfolio, making it one of their key holdings.
Cliff Asness's peak holding in American Airlines Group Inc. (AAL) was 2,936,337 shares, as reported at the end of Q1 2024.