Summary by Moomoo AI
PRIMECAP Management Company, an investment adviser, has filed an amendment to its Schedule 13G with the United States Securities and Exchange Commission on February 12, 2024, indicating a change in its holdings of American Airlines Group Inc. As of December 31, 2023, PRIMECAP reported beneficial ownership of 37,047,931 shares of American Airlines, representing 5.67% of the class. This filing, which is an update to a previous submission, shows that PRIMECAP has sole voting power over 36,350,486 shares and sole dispositive power over all 37,047,931 shares. The filing asserts that the shares were acquired in the ordinary course of business and not for the purpose of changing or influencing the control of the issuer.