Vault-13

AMERICAN AIRLINES GROUP INC AAL 6.5 07.01.25

NOTE 6.500% 7/0 · US DOMESTIC · CUSIP 02376RAF9

73 institutional holders +6 vs Q3 2022
30,866,00030.9m shares reported held*
$4.5bnreported value*
13 new 23 added 11 reduced 9 sold out net sold ≈ $22.6m (+2.2m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($718.7k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $146.52.

Trends to Q4 2022

Institutional holders

Managers reporting a position, each quarter

0255075Q3 22: 67Q4 22: 7373Q3 22Q4 22
Numbers
QuarterHolders
Q3 202267
Q4 202273

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$250k$500k$750k$1mQ3 22 calls: $0Q3 22 puts: $899.4kQ3 22P/C —Q4 22 calls: $0Q4 22 puts: $0Q4 22P/C —
Numbers
QuarterCallsPutsP/C
Q3 2022$0$899.4k—
Q4 2022$0$0—

Biggest buyers

MANUFACTURERS LIFE INSURANCE COMPANY, THE Added +32,265,226+32.3m
TWO SIGMA INVESTMENTS, LP Added +29,930,000+29.9m
Walleye Capital LLC New +10,000,000+10.0m
Jefferies Financial Group Inc. New +8,500,000+8.5m
Segantii Capital Management Ltd Added +7,500,000+7.5m
ADVENT CAPITAL MANAGEMENT /DE/ Added +7,495,000+7.5m
DLD Asset Management, LP New +7,250,000+7.2m
BNP PARIBAS ASSET MANAGEMENT Holding S.A. New +6,000,000+6.0m
BANK OF MONTREAL /CAN/ Added +5,436,500+5.4m
CSS LLC/IL New +5,000,000+5.0m

Biggest sellers

SOROS FUND MANAGEMENT LLC Reduced -52,000,000-52.0m
D. E. Shaw & Co., Inc. Reduced -34,500,000-34.5m
Balyasny Asset Management L.P. Sold out -14,094,000-14.1m
VOYA INVESTMENT MANAGEMENT LLC Reduced -11,095,000-11.1m
AQR Arbitrage LLC Reduced -10,200,000-10.2m
Point72 Asset Management, L.P. Sold out -8,500,000-8.5m
Pentwater Capital Management LP Sold out -7,850,000-7.8m
CAMDEN ASSET MANAGEMENT L P /CA Reduced -6,500,000-6.5m
LAZARD ASSET MANAGEMENT LLC Reduced -6,079,000-6.1m
MIZUHO SECURITIES USA LLC Reduced -2,720,000-2.7m

Holders, Q4 2022

#ManagerLocationShares Value% of their portfolioChangeShares change
1 WHITEBOX ADVISORS LLC 4.09% of their portfolio MINNEAPOLIS, MN 103,980,000104.0m $109.6m $109.6m 4.09% Added +4.5m +4,500,000
2 CAMDEN ASSET MANAGEMENT L P /CA 2.94% of their portfolio Los Angeles, CA 86,584,00086.6m $91.3m $91.3m 2.94% Reduced -6.5m -6,500,000
3 LAZARD ASSET MANAGEMENT LLC 0.11% of their portfolio NEW YORK, NY 73,000,00073.0m $77.3m $77.3m 0.11% Reduced -6.1m -6,079,000
4 Myriad Asset Management US LP 25.92% of their portfolio WEST PALM BEACH, FL 70,000,00070.0m $74.0m $74.0m 25.92% Unchanged
5 TWO SIGMA INVESTMENTS, LP 0.21% of their portfolio NEW YORK, NY 61,430,00061.4m $64.7m $64.7m 0.21% Added +29.9m +29,930,000
6 SOROS FUND MANAGEMENT LLC 1.10% of their portfolio NEW YORK, NY 61,054,00061.1m $64.5m $64.5m 1.10% Reduced -52.0m -52,000,000
7 BNP PARIBAS FINANCIAL MARKETS 0.13% of their portfolio PARIS, I0 48,543,00048.5m $51.2m $51.2m 0.13% Reduced -2.0m -2,038,000
8 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.10% of their portfolio BALA CYNWYD, PA 46,200,00046.2m $48.7m $48.7m 0.10% Added +2.5m +2,500,000
9 D. E. Shaw & Co., Inc. 0.08% of their portfolio New York, NY 43,320,00043.3m $45.8m $45.8m 0.08% Reduced -34.5m -34,500,000
10 MANUFACTURERS LIFE INSURANCE COMPANY, THE 2.16% of their portfolio Toronto, A6 32,400,00032.4m $3.4bn $3.4bn 2.16% Added +32.3m +32,265,226
11 ADVENT CAPITAL MANAGEMENT /DE/ 0.57% of their portfolio NEW YORK, NY 30,147,00030.1m $31.9m $31.9m 0.57% Added +7.5m +7,495,000
12 Magnetar Financial LLC 0.50% of their portfolio EVANSTON, IL 27,800,00027.8m $29.4m $29.4m 0.50% Added +2.7m +2,700,000
13 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 24,175,00024.2m $26.3m $26.3m 0.00% Added +800.0k +800,000
14 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 24,025,00024.0m $25.3m $25.3m 0.01% Added +3.0m +3,000,000
15 AQR Arbitrage LLC 0.57% of their portfolio Greenwich, CT 21,154,00021.2m $22.4m $22.4m 0.57% Reduced -10.2m -10,200,000
16 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 18,437,00018.4m $19.5m $19.5m 0.01% Added +3.0m +2,950,000
17 Calamos Advisors LLC 0.09% of their portfolio NAPERVILLE, IL 17,500,00017.5m $18.5m $18.5m 0.09% Unchanged
18 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 16,906,00016.9m $17.8m $17.8m 0.00% Reduced -1.6m -1,574,000
19 BlueCrest Capital Management Ltd 2.05% of their portfolio ST HELIER, Y9 16,000,00016.0m $16.9m $16.9m 2.05% Added +2.0m +2,000,000
20 Segantii Capital Management Ltd 0.63% of their portfolio HONG KONG, K3 15,000,00015.0m $16.4m $16.4m 0.63% Added +7.5m +7,500,000
21 MacKay Shields LLC 0.39% of their portfolio New York, NY 14,496,00014.5m $15.4m $15.4m 0.39% Unchanged
22 FMR LLC 0.00% of their portfolio BOSTON, MA 14,307,00014.3m $15.1m $15.1m 0.00% Added +1.6m +1,625,000
23 VOYA INVESTMENT MANAGEMENT LLC 0.02% of their portfolio ATLANTA, GA 13,990,00014.0m $14.8m $14.8m 0.02% Reduced -11.1m -11,095,000
24 Portman Square Capital LLP 6.98% of their portfolio London, X0 13,500,00013.5m $14.3m $14.3m 6.98% First filing
25 CI INVESTMENTS INC. 0.06% of their portfolio TORONTO, Z4 11,068,00011.1m $11.7m $11.7m 0.06% Unchanged
26 Walleye Capital LLC 0.23% of their portfolio NEW YORK, NY 10,000,00010.0m $10.6m $10.6m 0.23% New
27 BlackRock Inc. 0.00% of their portfolio New York, NY 9,520,0009.5m $10.0m $10.0m 0.00% Added +800.0k +800,000
28 SCHRODER INVESTMENT MANAGEMENT GROUP 0.02% of their portfolio London, X0 8,950,0008.9m $9.5m $9.5m 0.02% Unchanged
29 Jefferies Financial Group Inc. 0.15% of their portfolio NEW YORK, NY 8,500,0008.5m $9.0m $9.0m 0.15% New
30 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 8,297,0008.3m $8.7m $8.7m 0.00% Added +4.9m +4,942,000
31 ABSOLUTE INVESTMENT ADVISERS, LLC 1.31% of their portfolio ROSEMARY BEACH, FL 8,245,0008.2m $8.7m $8.7m 1.31% Added +2.0m +2,000,000
32 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 8,000,0008.0m $8.4m $8.4m 0.00% Added +5.4m +5,436,500
33 DLD Asset Management, LP 0.80% of their portfolio NEW YORK, NY 7,250,0007.2m $7.7m $7.7m 0.80% New
34 Skaana Management L.P. 2.73% of their portfolio BROOKLYN, NY 7,000,0007.0m $7.4m $7.4m 2.73% Unchanged
35 Clearbridge Investments, LLC 0.00% of their portfolio NEW YORK, NY 6,433,0006.4m $679.3k $679.3k 0.00% Unchanged
36 BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.02% of their portfolio Paris, I0 6,000,0006.0m $6.3m $6.3m 0.02% New
37 Man Group plc 0.02% of their portfolio LONDON, X0 5,850,0005.8m $6.2m $6.2m 0.02% Added +850.0k +850,000
38 Crystalline Management Inc. 2.93% of their portfolio Montreal, Quebec, Z4 5,500,0005.5m $5.8m $5.8m 2.93% First filing
39 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 5,375,0005.4m $5.7m $5.7m 0.00% Added +4.2m +4,250,000
40 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 5,018,0005.0m $5.3m $5.3m 0.00% Unchanged
41 CSS LLC/IL 0.35% of their portfolio CHICAGO, IL 5,000,0005.0m $5.3m $5.3m 0.35% New
42 Centiva Capital, LP 0.44% of their portfolio New York, NY 5,000,0005.0m $5.3m $5.3m 0.44% New
43 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 4,804,0004.8m $5.1m $5.1m 0.00% Added +4.0m +4,004,000
44 RWC Asset Management LLP 0.15% of their portfolio LONDON, X0 4,500,0004.5m $4.8m $4.8m 0.15% Unchanged
45 EDMOND DE ROTHSCHILD HOLDING S.A. 0.10% of their portfolio CHAMBESY, V8 4,054,0004.1m $4.3m $4.3m 0.10% Unchanged
46 BOOTHBAY FUND MANAGEMENT, LLC 0.12% of their portfolio NEW YORK, NY 3,539,0003.5m $3.8m $3.8m 0.12% Added +2.9m +2,914,000
47 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 3,194,0003.2m $3.4m $3.4m 0.00% First filing
48 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 2,650,0002.6m $2.8m $2.8m 0.00% New
49 ANGELO GORDON & CO., L.P. 0.51% of their portfolio NEW YORK, NY 2,500,0002.5m $2.6m $2.6m 0.51% Unchanged
50 WESTWOOD HOLDINGS GROUP INC 0.02% of their portfolio DALLAS, TX 2,500,0002.5m $2.7m $2.7m 0.02% New
51 FEDERATED HERMES, INC. 0.01% of their portfolio PITTSBURGH, PA 2,000,0002.0m $2.1m $2.1m 0.01% Unchanged
52 NOMURA HOLDINGS INC 0.00% of their portfolio TOKYO, M0 1,773,7651.8m $229.0k $229.0k 0.00% Added +498.1k +498,147
53 MIZUHO SECURITIES USA LLC 0.12% of their portfolio NEW YORK, NY 1,280,0001.3m $1.3m $1.3m 0.12% Reduced -2.7m -2,720,000
54 PALISADE CAPITAL MANAGEMENT, LP 0.03% of their portfolio FORT LEE, NJ 1,070,0001.1m $1.1m $1.1m 0.03% New
55 Worth Venture Partners, LLC 0.43% of their portfolio FORT LEE, NJ 675,000675.0k $718.7k $718.7k 0.43% New
56 PUTNAM INVESTMENTS LLC 0.00% of their portfolio BOSTON, MA 645,000645.0k $679.8k $679.8k 0.00% Reduced -36.0k -36,000
57 Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio ZURICH, V8 540,000540.0k $571.1k $571.1k 0.00% Unchanged
58 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.00% of their portfolio FRANKFURT AM MAIN, 2M 450,000450.0k $475.2k $475.2k 0.00% Unchanged
59 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 430,000430.0k $450.7k $450.7k 0.00% New
60 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 420,000420.0k $443.5k $443.5k 0.00% Unchanged
61 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 335,000335.0k $365.2k $365.2k 0.00% Added +188.0k +188,000
62 KBC Group NV 0.00% of their portfolio Brussels, C9 300,000300.0k $317.0k $317.0k 0.00% Unchanged
63 Federation des caisses Desjardins du Quebec 0.00% of their portfolio LEVIS, A8 225,000225.0k $245.2k $245.2k 0.00% Unchanged
64 BEESE FULMER INVESTMENT MANAGEMENT, INC. 0.03% of their portfolio CANTON, OH 200,000200.0k $211.2k $211.2k 0.03% Unchanged
65 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 195,000195.0k $206.5k $206.5k 0.00% Added +97.0k +97,000
66 Amundi 0.00% of their portfolio Paris, I0 159,000159.0k $187.5k $187.5k 0.00% Unchanged
67 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 150,000150.0k $165.5k $165.5k 0.00% New
68 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 75,00075.0k $79.0k $79.0k 0.00% Unchanged
69 SG Americas Securities, LLC 0.08% of their portfolio NEW YORK, NY 52,07052.1k $5.5m $5.5m 0.08% Reduced -1.3k -1,280
70 Pinnacle Holdings, LLC 0.02% of their portfolio TULSA, OK 50,00050.0k $52.8k $52.8k 0.02% Unchanged
71 Full Sail Capital, LLC 0.01% of their portfolio OKLAHOMA CITY, OK 50,00050.0k $52.7k $52.7k 0.01% Unchanged
72 Boussard & Gavaudan Investment Management LLP 0.36% of their portfolio London, X0 3,0003.0k $3.2m $3.2m 0.36% New
73 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged