ALASKA AIR GROUP INC

Ticker: ALK CUSIP: 011659109 Class: COM

CAPITAL FUND MANAGEMENT S.A.'s Holding History (CIK: 0001323645)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 727,847 Value ($000) $36,611 Avg Close $46.23 Range $37.63 - $53.88

Q3 2025

Shares 360,236 Value ($000) $17,933 Avg Close $55.61 Range $48.81 - $65.88

Q2 2025

Shares 205,707 Value ($000) $10,178 Avg Close $48.58 Range $39.79 - $55.59

Q1 2025

Shares 158,255 Value ($000) $7,789 Avg Close $65.65 Range $47.37 - $78.08

Q3 2024

Shares 25,310 Value ($000) $1,144 Avg Close $37.94 Range $32.62 - $45.57

Q2 2023

Shares 49,263 Value ($000) $2,620 Avg Close $45.46 Range $41.25 - $53.40

Q4 2022

Shares 47,302 Value ($000) $2,031 Avg Close $44.06 Range $38.72 - $47.99

Q3 2022

Shares 66,457 Value ($000) $2,601,791 Avg Close $43.92 Range $38.44 - $48.76

Q2 2022

Shares 19,037 Value ($000) $762,431 Avg Close $48.82 Range $38.19 - $61.55

Q3 2021

Shares 34,440 Value ($000) $2,018,184 Avg Close $57.63 Range $51.75 - $62.85

Q4 2019

Shares 7,340 Value ($000) $497 Avg Close $67.73 Range $60.50 - $71.46

Q3 2019

Shares 11,195 Value ($000) $727 Avg Close $62.15 Range $56.52 - $65.82

Q4 2018

Shares 8,683 Value ($000) $528 Avg Close $62.77 Range $55.87 - $72.81

Q3 2018

Shares 7,500 Value ($000) $516 Avg Close $62.60 Range $55.86 - $68.52

Q3 2017

Shares 75,530 Value ($000) $5,761 Avg Close $77.46 Range $67.57 - $90.57

Q2 2017

Shares 40,619 Value ($000) $3,646 Avg Close $82.77 Range $77.31 - $88.12

Q1 2017

Shares 21,573 Value ($000) $1,989 Avg Close $89.03 Range $81.01 - $95.59

Q4 2016

Shares 106,606 Value ($000) $9,459 Avg Close $73.89 Range $61.40 - $86.33

Q3 2016

Shares 122,694 Value ($000) $8,081 Avg Close $61.44 Range $52.62 - $67.05

Q2 2016

Shares 152,725 Value ($000) $8,902 Avg Close $64.23 Range $50.81 - $77.28

Q1 2016

Shares 28,346 Value ($000) $2,325 Avg Close $68.47 Range $56.94 - $77.12

Q2 2015

Shares 24,444 Value ($000) $1,575 Avg Close $59.18 Range $53.49 - $62.99

Q1 2015

Shares 3,400 Value ($000) $225 Avg Close $59.43 Range $52.76 - $65.28

Q4 2014

Shares 45,869 Value ($000) $2,741 Avg Close $48.12 Range $37.12 - $55.72

Q3 2014

Shares 439,919 Value ($000) $19,154 Avg Close $42.26 Range $38.06 - $45.61

Q2 2014

Shares 146,305 Value ($000) $13,906 Avg Close $43.26 Range $39.84 - $45.93

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	727,847	$36,611	$46.23	$37.63 - $53.88
Q3 2025	360,236	$17,933	$55.61	$48.81 - $65.88
Q2 2025	205,707	$10,178	$48.58	$39.79 - $55.59
Q1 2025	158,255	$7,789	$65.65	$47.37 - $78.08
Q3 2024	25,310	$1,144	$37.94	$32.62 - $45.57
Q2 2023	49,263	$2,620	$45.46	$41.25 - $53.40
Q4 2022	47,302	$2,031	$44.06	$38.72 - $47.99
Q3 2022	66,457	$2,601,791	$43.92	$38.44 - $48.76
Q2 2022	19,037	$762,431	$48.82	$38.19 - $61.55
Q3 2021	34,440	$2,018,184	$57.63	$51.75 - $62.85
Q4 2019	7,340	$497	$67.73	$60.50 - $71.46
Q3 2019	11,195	$727	$62.15	$56.52 - $65.82
Q4 2018	8,683	$528	$62.77	$55.87 - $72.81
Q3 2018	7,500	$516	$62.60	$55.86 - $68.52
Q3 2017	75,530	$5,761	$77.46	$67.57 - $90.57
Q2 2017	40,619	$3,646	$82.77	$77.31 - $88.12
Q1 2017	21,573	$1,989	$89.03	$81.01 - $95.59
Q4 2016	106,606	$9,459	$73.89	$61.40 - $86.33
Q3 2016	122,694	$8,081	$61.44	$52.62 - $67.05
Q2 2016	152,725	$8,902	$64.23	$50.81 - $77.28
Q1 2016	28,346	$2,325	$68.47	$56.94 - $77.12
Q2 2015	24,444	$1,575	$59.18	$53.49 - $62.99
Q1 2015	3,400	$225	$59.43	$52.76 - $65.28
Q4 2014	45,869	$2,741	$48.12	$37.12 - $55.72
Q3 2014	439,919	$19,154	$42.26	$38.06 - $45.61
Q2 2014	146,305	$13,906	$43.26	$39.84 - $45.93