Institutional investors adjust holdings in American Airlines and Alico

Recent SEC filings reveal shifts in institutional holdings for American Airlines Group Inc. and Alico, Inc.

Pacer Advisors Inc. reduced its stake in American Airlines Group by 86.5% during the first quarter, leaving the firm with 77,882 shares valued at approximately $836,000. Conversely, Bank of America Corp DE increased its position in the airline by 39%, now holding over 2.1 million shares. Other investors, including the South Dakota Investment Council and Amundi, established new positions in the company during the same period.

In the case of Alico, Inc., Dimensional Fund Advisors LP trimmed its holdings by 10.3% in the first quarter, maintaining a stake of 287,141 shares worth roughly $11.85 million. Other institutional activity for Alico included new positions from Raymond James Financial Inc. and Hanson & Doremus Investment Management, as well as increased holdings from BNP Paribas Financial Markets and Tower Research Capital LLC.