![]() Stocks with higher number of hedge fund positions relative to other stocks as well as relative to their historical range receive a higher sentiment score. Our overall hedge fund sentiment score for AAL is 41. American Airlines Group Inc (NASDAQ:AAL) is not the most popular stock in this group but hedge fund interest is still above average. On the other hand Avery Dennison Corporation (NYSE: AVY) is the least popular one with only 20 bullish hedge fund positions. (NYSE: VICI) is the most popular stock in this table. That figure was $562 million in AAL's case. View table here if you experience formatting issues.Īs you can see these stocks had an average of 28.6 hedge funds with bullish positions and the average amount invested in these stocks was $717 million. This group of stocks' market caps match AAL's market cap. (NYSE: PAGS), Cenovus Energy Inc (NYSE: CVE), and VICI Properties Inc. (NASDAQ: GDRX), Avery Dennison Corporation (NYSE: AVY), Campbell Soup Company (NYSE: CPB), PagSeguro Digital Ltd. We will take a look at Teledyne Technologies Incorporated (NYSE: TDY), GoodRx Holdings, Inc. Let's now take a look at hedge fund activity in other stocks similar to American Airlines Group Inc (NASDAQ:AAL). These transactions are interesting, as aggregate hedge fund interest fell by 5 funds last quarter. Highbridge Capital Management, also dropped its stock, about $41 million worth. At the top of the heap, Robert Henry Lynch's Aristeia Capital dropped the largest investment of the 750 funds tracked by Insider Monkey, totaling close to $46.6 million in stock. Seeing as American Airlines Group Inc (NASDAQ:AAL) has experienced falling interest from hedge fund managers, it's safe to say that there is a sect of funds who sold off their full holdings last quarter. Greenhouse Funds is also relatively very bullish on the stock, designating 2.05 percent of its 13F equity portfolio to AAL. In terms of the portfolio weights assigned to each position Ovata Capital Management allocated the biggest weight to American Airlines Group Inc (NASDAQ:AAL), around 5.35% of its 13F portfolio. Citadel Investment Group, Millennium Management, and PAR Capital Management were also very fond of the stock, becoming one of the largest hedge fund holders of the company. Trailing Citadel Investment Group was Alkeon Capital Management, which amassed a stake valued at $155.4 million. More specifically, Citadel Investment Group was the largest shareholder of American Airlines Group Inc (NASDAQ:AAL), with a stake worth $160 million reported as of the end of March. You can download a sample issue of this newsletter on our website. Also, our monthly newsletter's portfolio of long stock picks returned 206.8% since March 2017 (through May 2021) and beat the S&P 500 Index by more than 115 percentage points. ![]() Insider Monkey's flagship short hedge fund strategy surpassed the S&P 500 short ETFs by around 20 percentage points a year since its inception in March 2017. Most estimates calculate that this group of people manage the lion's share of the hedge fund industry's total asset base, and by tailing their inimitable picks, Insider Monkey has uncovered several investment strategies that have historically outpaced the broader indices. While there are over 8000 funds in operation at the moment, Our researchers choose to focus on the masters of this club, approximately 850 funds. If you'd ask most market participants, hedge funds are perceived as slow, old investment vehicles of the past. Our calculations also showed that AAL isn't among the 30 most popular stocks among hedge funds (click for Q1 rankings). There were 37 hedge funds in our database with AAL positions at the end of the fourth quarter. The all time high for this statistic is 77. American Airlines Group Inc (NASDAQ: AAL) was in 32 hedge funds' portfolios at the end of the first quarter of 2021. In the following paragraphs, we find out what the billionaire investors and hedge funds think of American Airlines Group Inc (NASDAQ: AAL).Īmerican Airlines Group Inc (NASDAQ: AAL) has seen a decrease in hedge fund sentiment in recent months. ![]() This is a necessary first step in our investment process because our research has shown that the elite investors' consensus returns have been exceptional. Before we spend countless hours researching a company, we like to analyze what insiders, hedge funds and billionaire investors think of the stock first. ![]()
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