As of November 8, 2026, one holder's latest Schedule 13D or 13G filing report owning 5% or more of Air T Inc. The largest reported stake is AO Partners I, LP's, at 48.3%. 2 filings are on record since January 22, 2026 (Schedule 13D/A, July 17, 2026).
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Air T Inc has 2 Schedule 13D or 13G filings on record since 2026-01-22. 1 holder's latest filing reports 5% or more of common stock, par value of $0.25 per share. Each figure below is the holder's own, as filed, with the filing linked.
Holders
| Holder | Percent | Shares | Latest | Event date |
|---|---|---|---|---|
| AO Partners I, LP | 48.3% | 920,954 | SCHEDULE 13D/A, 2026-07-17 | 2026-07-15 |
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More on Air T Inc and the records around it.
Air T Inc elsewhere on the record
- Acquisition Jun 2026
- Who owns it
Companies that share a holder
- AO Partners I, LP also filed stake reports on 1 other company: Park Dental Partners, Inc. (Jun 2026)
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What They Do, And How The Money Works
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Voting and dispositive power, as filed
| Reporting person | Sole voting | Shared voting | Sole dispositive | Shared dispositive | Filing |
|---|---|---|---|---|---|
| AO Partners I, LP | 0 | 920,954 | 0 | 920,954 | SCHEDULE 13D/A, 2026-07-17 |
| AO Partners LLC | 0 | 920,954 | 0 | 920,954 | SCHEDULE 13D/A, 2026-07-17 |
| Swenson Nicholas John | 3,750 | 1,299,589 | 3,750 | 1,299,589 | SCHEDULE 13D/A, 2026-07-17 |
| Groveland Capital, LLC | 0 | 51,099 | 0 | 51,099 | SCHEDULE 13D/A, 2026-07-17 |
| Glenhurst Co. | 94,438 | 0 | 94,438 | 0 | SCHEDULE 13D/A, 2026-07-17 |
| Groveland DST LLC | 0 | 233,098 | 0 | 233,098 | SCHEDULE 13D/A, 2026-07-17 |
The latest filing identifies Air T Inc by CUSIP 009207101 and gives its principal executive office as 5930 Balsom Ridge Road, Denver, NC 28037 (SCHEDULE 13D/A, 2026-07-17).
Source of funds (Item 3)
The Common Stock of the Reporting Persons was acquired in open market purchases with working capital of AO Partners Fund and the personal investment capital of Mr. Swenson. The amount of funds expended to acquire the aggregate shares held by the Reporting Persons is $11,600,977.AO Partners I, LP, SCHEDULE 13D/A, 2026-07-17
Purpose of Transaction (Item 4)
AO Partners I, LP
This amendment is being filed to reflect aggregate prior changes, none of which are individually material, resulting from reconciliation of the holdings to current records. The AO Partners Group acquired shares of Common Stock because it believes that the Common Stock is undervalued. The AO Partners Group's intent is to influence the policies of the Issuer and assert shareholder rights, with a goal of maximizing the value of the Common Stock. The Reporting Persons previously reported the transfer of shares of Common Stock to Groveland DST. This transfer was effected solely for tax and estate planning purposes, and for income tax purposes was a transfer between Mr. Swenson, individually, and an entity owned by Mr. Swenson. The Reporting Persons may make further purchases of shares of Common Stock. The Reporting Persons may dispose of any or all the shares of Common Stock held by them. To the extent the actions described herein may be deemed to constitute a "control purpose" with respect to the Securities Exchange Act of 1934, as amended, and the regulations thereunder, the Reporting Persons have such a purpose. Except as noted in this Amended and Restated schedule 13D, none of the Reporting Persons has any plans or proposals, which relate to, or would result in, any of the matters referred to in paragraphs (b) through J), inclusive of Item (4) of Schedule 13D. Such persons may, at any time and from time to time, review or reconsider their positions and formulate plans or …The first part of Item 4 of the SCHEDULE 13D/A filed 2026-07-17; the filing has the rest
Timeline
| Filed | Holder | Percent | Filing |
|---|---|---|---|
| 2026-01-22 | AO Partners I, LP | 49.4% | SCHEDULE 13D/A |
| 2026-07-17 | AO Partners I, LP | 48.3% | SCHEDULE 13D/A |
Questions about who owns Air T Inc
Who owns Air T Inc?
On this page, one holder's latest ownership filing reports 5% or more of Air T Inc: AO Partners I, LP (48.3%, Schedule 13D/A, filed 2026-07-17).
When did AO Partners I, LP buy into Air T Inc?
The filings give report dates, not purchase dates. The earliest filing from AO Partners I, LP on this page is the Schedule 13D/A, filed 2026-01-22, reporting 49.4%; its latest, Schedule 13D/A filed 2026-07-17, reports 48.3%. That earliest filing is itself an amendment, which updates an earlier report.
Is this an audit or a full list?
Neither. The ownership list on this page covers only Schedule 13D and 13G filings, which holders make once they own 5% or more of a class of shares (an amendment can report a stake that has since fallen below 5%); 2 such filings are shown here. It is not an audit and not a full cap table: holders who never reached 5% are not listed, and a stake can change after its latest filing.
Also on the record for Air T Inc
| Date | Record | Figure | Our page | Source |
|---|---|---|---|---|
| June 10, 2026 | Acquired Arena Aviation Partners B.V. | $6.20M | Acquisition | Source |
| December 17, 2025 | Acquired Regional Express Holdings Limited | $108M | Acquisition | Source |
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Where this comes from
Anyone who comes to own more than 5% of a class of a listed company's voting shares has to tell the SEC. A holder who may seek to change or influence the company files Schedule 13D, and has to say in Item 4, "Purpose of Transaction", what it intends to do. A holder with no such intent, such as many index and passive funds, may file the shorter Schedule 13G. Both are amended when the stake changes, including when it falls below 5%.
Every row here is one of those filings, linked to the filing itself. Percentages and share counts are exactly as the holder filed them, for the holder the filing names; an amendment showing a lower figure is shown as filed. Item 4 text is quoted word for word. Where a 13D's Item 4 contains a sentence stating a definite intent to influence the company, that sentence is marked and quoted; the page does not describe the holder or its motives beyond the words it filed. Nothing here is investment advice.
