American Airlines Group Inc. (AAL) was formed following the merger between American Airlines and US Airways Group. One of the major global airlines, it carries passengers and cargo, flying to about 350 destinations in more than 50 countries. It has hubs in Charlotte, Chicago, Dallas/Fort Worth, Los Angeles, Miami, New York, Philadelphia, Phoenix, and Washington, D.C. American Airlines generates more than 79% of its revenue from passengers and another 7% from moving cargo.
"Insider" refers to people in senior management positions and members of the board of directors, as well as people or entities that own more than 10% of the company's stock. In this context, it has nothing to do with insider trading.
American Airlines' top shareholders are W. Douglas Parker, Robert D. Isom, Stephen L. Johnson, Vanguard Group Inc., PRIMECAP Management Co., and BlackRock Inc. (BLK).
Its 12-month trailing net loss and revenue were $8.9 billion $17.4 billion, respectively. The company's market cap is about $15.4 billion. These financial data are as of March 31.
Here is a more detailed look at American Airlines' six largest shareholders.
Top 3 Individual Insider Shareholders
W. Douglas Parker
W. Douglas Parker owns a total of 2,658,505 American Airlines shares, representing 0.4% of the company's total shares outstanding. Parker is the company's chair and chief executive officer (CEO), taking on the role after American Airlines and US Airways merged in 2013. Previously, Parker was chair, president and CEO of America West Airlines before the merger of US Airways and America West Airlines in 2005. He is an experienced airline executive, working in the sector over four decades.
Robert D. Isom
Robert Isom owns a total of 1,059,038 American Airlines shares, representing 0.2% of the company's total shares outstanding. Isom became American Airlines Group's president in 2016 after working as chief operating officer (COO) following the 2013 merger. He held the same position at US Airways. Between 1995 and 2000, Isom held several positions with America West Airlines.
Stephen L. Johnson
Stephen Johnson owns a total of 816,942 American Airlines shares, representing 0.1% of the company's total shares outstanding. Johnson is the company's executive vice president, corporate affairs. In this role, he has broad responsibilities, including overseeing corporate governance, legal affairs, government and regulatory affairs, sustainability efforts, labor relations, and real estate. Before joining American Airlines, Johnson was a partner at Indigo Partners LLC, a private equity firm, and held a variety of positions at America West Airlines.
Top 3 Institutional Shareholders
Vanguard Group Inc.
Vanguard Group owns 58.2 million shares of American Airlines Group, representing 9.1% of total shares outstanding for the period ending December 31, 2020, according to the company's 13F filing. Vanguard is primarily a mutual fund and ETF management company with about $6.2 trillion of global assets under management (AUM) as of Jan. 31. This includes the Vanguard S&P 500 ETF (VOO), which had over $194 billion of AUM. American Airlines comprises about 0.04% of the fund.
PRIMECAP Management Co.
PRIMECAP Management Co. owns 47.7 million shares of American Airlines Group, representing 7.5% of total shares outstanding for the period ending December 31, 2020, according to the company's 13F filing. PRIMECAP manages U.S.-focused equity portfolios for mutual funds and other institutional investors with about $147 billion of AUM. PRIMECAP’s Odyssey Aggressive Growth Fund has $11.6 billion in assets, making it the largest of its three Odyssey funds. American Airlines comprised less than 00.01% of the fund's holdings as of December 31.
BlackRock Inc.
BlackRock owns 31.5 million shares of American Airlines Group, representing 4.9% of total shares outstanding for the period ending December 31, 2020, according to the company's 13F filing. BlackRock is an investment management company with $8.7 trillion AUM. The iShares Core S&P 500 ETF (IVV) is one of BlackRock's largest ETFs with approximately $239 billion in AUM. American Airlines comprises about 0.05% of IVV's holdings.