| # | Holder | Shares | Value | % of shares out | Δ QoQ |
|---|---|---|---|---|---|
| 1 | United Airlines Holdings, Inc. | 10,490,74510.5M | $188M | 22.40% | ADD 35% |
| 2 | American Airlines Group Inc. | 9,755,8899.8M | $174M | 20.83% | — |
| 3 | DELTA AIR LINES, INC. | 6,770,6016.8M | $121M | 14.46% | — |
| 4 | Owl Creek Asset Management, L.P. | 4,231,2464.2M | $76M | 9.04% | ADD 3% |
| 5 | CONTRARIAN CAPITAL MANAGEMENT, L.L.C. | 4,446,2104.4M | $72M | 9.49% | — |
| 6 | PAR CAPITAL MANAGEMENT INC | 506,844506,844 | $9M | 1.08% | ADD 186% |
| 7 | BlackRock, Inc. | 387,449387,449 | $7M | 0.83% | ADD 1012% |
| 8 | SUSQUEHANNA INTERNATIONAL GROUP, LLP | 318,807318,807 | $6M | 0.68% | NEW |
| 9 | GEODE CAPITAL MANAGEMENT, LLC | 239,013239,013 | $4M | 0.51% | ADD 893% |
| 10 | VANGUARD CAPITAL MANAGEMENT LLC | 225,283225,283 | $4M | 0.48% | NEW |
| 11 | Orvieto Partners, L.P. | 116,989116,989 | $2M | 0.25% | ADD 47% |
| 12 | Pinnacle Holdings, LLC | 113,234113,234 | $2M | 0.24% | ADD 2% |
| 13 | VANGUARD FIDUCIARY TRUST CO | 107,262107,262 | $2M | 0.23% | NEW |
| 14 | CastleKnight Management LP | 105,650105,650 | $2M | 0.23% | ADD 464% |
| 15 | DONALD SMITH & CO., INC. | 91,75091,750 | $2M | 0.20% | NEW |
| 16 | Qube Research & Technologies Ltd | 73,19873,198 | $1M | 0.16% | ADD 333% |
| 17 | WEXFORD CAPITAL LP | 66,00066,000 | $1M | 0.14% | TRIM -88% |
| 18 | NORTHERN TRUST CORP | 43,43443,434 | $776,600 | 0.09% | NEW |
| 19 | BANK OF AMERICA CORP /DE/ | 37,23837,238 | $665,815 | 0.08% | ADD 531871% |
| 20 | MILLENNIUM MANAGEMENT LLC | 36,55336,553 | $653,568 | 0.08% | ADD 70% |
| 21 | STATE STREET CORP | 31,26431,264 | $559,000 | 0.07% | NEW |
| 22 | BNP PARIBAS FINANCIAL MARKETS | 27,23827,238 | $487,015 | 0.06% | ADD 118326% |
| 23 | GOLDMAN SACHS GROUP INC | 22,91022,910 | $409,631 | 0.05% | NEW |
| 24 | CITIGROUP INC | 21,26021,260 | $380,129 | 0.05% | ADD 2125900% |
| 25 | UBS Group AG | 18,20018,200 | $325,416 | 0.04% | ADD 721% |
| 26 | Brevan Howard Capital Management LP | 11,53111,531 | $206,174 | 0.02% | NEW |
| 27 | Hudson Bay Capital Management LP | 11,38611,386 | $203,582 | 0.02% | NEW |
| 28 | Diametric Capital, LP | 10,20710,207 | $182,501 | 0.02% | NEW |
| 29 | Vanguard Global Advisers, LLC | 8,9078,907 | $159,257 | 0.02% | NEW |
| 30 | MORGAN STANLEY | 7,4877,487 | $133,867 | 0.02% | TRIM -3% |
| 31 | INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC | 4,1334,133 | $72,245 | 0.01% | ADD 16% |
| 32 | FMR LLC | 946946 | $16,914 | 0.00% | ADD 15667% |
| 33 | BARCLAYS PLC | 926926 | $16,557 | 0.00% | TRIM -95% |
| 34 | GROUP ONE TRADING LLC | 493493 | $8,815 | 0.00% | ADD 142% |
| 35 | WELLS FARGO & COMPANY/MN | 472472 | $8,439 | 0.00% | TRIM -44% |
| 36 | Owl Creek Wealth Partners LLC | 190190 | $3,398 | 0.00% | NEW |
| 37 | SIGNATUREFD, LLC | 178178 | $3,183 | 0.00% | NEW |
| 38 | US BANCORP \DE\ | 6868 | $1,216 | 0.00% | NEW |
| 39 | SBI Securities Co., Ltd. | 5656 | $1,001 | 0.00% | ADD 100% |
| 40 | ROYAL BANK OF CANADA | 5858 | $1,000 | 0.00% | NEW |
| 41 | Allworth Financial LP | 5454 | $966 | 0.00% | NEW |
| 42 | Parallel Advisors, LLC | 4747 | $840 | 0.00% | NEW |
| 43 | JPMORGAN CHASE & CO | 55 | $88 | 0.00% | — |
| 44 | Advisory Services Network, LLC | 33 | $54 | 0.00% | NEW |
| 45 | CoreCap Advisors, LLC | 33 | $54 | 0.00% | — |
| 46 | Tower Research Capital LLC (TRC) | 11 | $18 | 0.00% | TRIM -100% |
Rows rank by the value each filer reported — 13F filers price their own positions, so a holder with fewer shares can rank just above one with more.
| Holder | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| United Airlines Holdings, Inc. | — | — | — | — | 7.7M | 10.5M | $188M |
| American Airlines Group Inc. | — | — | — | — | 9.8M | 9.8M | $174M |
| DELTA AIR LINES, INC. | — | — | — | — | 6.8M | 6.8M | $121M |
| Owl Creek Asset Management, L.P. | — | — | — | — | 4.1M | 4.2M | $76M |
| CONTRARIAN CAPITAL MANAGEMENT, L.L.C. | — | — | — | — | 4.4M | 4.4M | $72M |
| PAR CAPITAL MANAGEMENT INC | — | — | — | — | 177K | 507K | $9M |
| BlackRock, Inc. | — | — | — | — | 35K | 387K | $7M |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | — | — | — | — | — | 319K | $6M |
| GEODE CAPITAL MANAGEMENT, LLC | — | — | — | — | 24K | 239K | $4M |
| VANGUARD CAPITAL MANAGEMENT LLC | — | — | — | — | — | 225K | $4M |
| Orvieto Partners, L.P. | — | — | — | — | 80K | 117K | $2M |
| Pinnacle Holdings, LLC | — | — | — | — | 111K | 113K | $2M |
| VANGUARD FIDUCIARY TRUST CO | — | — | — | — | — | 107K | $2M |
| CastleKnight Management LP | — | — | — | — | 19K | 106K | $2M |
| DONALD SMITH & CO., INC. | — | — | — | — | — | 92K | $2M |
Shares reported each quarter by the largest current holders. Green = added vs the prior filing, red = trimmed, grey = roughly held; a dash is a quarter with no 13F on file (a gap is skipped, not read as an exit). 13F is filed up to 45 days after quarter-end. Up to 40 quarters (10 years) available — use the selector above.
Line breaks are honest gaps — quarters with no 13F record, or a suppressed % — never interpolated. % of shares outstanding uses today's share count for every quarter (the only count stored).
| Quarter | Holders | Shares held | % shares out | Value held |
|---|---|---|---|---|
| 2026-Q1 | 46 | 38,341,418 | 81.9% | $678M |
| 2025-Q4 | 36 | 34,264,236 | 73.2% | $629M |
Short interest has its own tab now — open SI →
Source: SEC Form 13F — every institution manager (≥ $100M in 13F securities) reporting a long US-listed position, across ~10,250 filers over 10 years of history. 13F is long-only, US-listed, filed up to 45 days after quarter-end.
