Appaloosa Management’s Delta Air Lines DAL Stock Holding History

Appaloosa Management’s Portfolio DAL Stock Details DAL Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q4	$371M	Buy	7,323,415 +1,246,382	+21%	+$61.6M	7.4%	4
2015 Q3	$273M	Buy	6,077,033 +1,807,522	+42%	+$81.2M	9.52%	3
2015 Q2	$175M	Sell	4,269,511 -402,028	-9%	-$17.6M	4.34%	9
2015 Q1	$210M	Buy	4,671,539 +1,450,065	+45%	+$67.2M	3.68%	10
2014 Q4	$158M	Sell	3,221,474 -4,259,325	-57%	-$179M	3.91%	10
2014 Q3	$270M	Buy	7,480,799 +1,069,316	+17%	+$40.9M	3.98%	10
2014 Q2	$248M	Buy	6,411,483 +441,800	+7%	+$16.7M	3.47%	11
2014 Q1	$207M	Buy	5,969,683 +334,000	+6%	+$10.7M	2.28%	14
2013 Q4	$155M	Sell	5,635,683 -2,764,317	-33%	-$74.3M	1.94%	11
2013 Q3	$198M	Sell	8,400,000 -1,890,884	-18%	-$39.4M	3.15%	6
2013 Q2	$193M	Buy	+10,290,884	New	+$178M	2.78%	6

Other funds holding DAL

LTI

Laffer Tengler Investments Nashville, Tennessee $677M AUM 27.58% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

JP Morgan Chase New York $1.56T AUM 27.86% 1-Year Est. Return

LPU

Lansdowne Partners (UK) London, United Kingdom $1.87B AUM 61.55% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

BIT

BlackRock Institutional Trust San Francisco, California $675B AUM 16.07% 1-Year Est. Return

Primecap Management Pasadena, California $127B AUM 44.11% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

PCM

PAR Capital Management Boston, Massachusetts $3.45B AUM 28.5% 1-Year Est. Return

Boston Partners Boston, Massachusetts $95.5B AUM 28.4% 1-Year Est. Return

Appaloosa Management's DAL Position: Q4 2015 in Review

Appaloosa Management increased its Delta Air Lines (DAL) stake by 21% in Q4 2015, buying an estimated $61.6M and bringing the position to 7,323,415 shares worth $371M. The position accounts for 7.4% of the portfolio, ranked #4.

Appaloosa Management first reported a position in DAL in Q2 2013 and has held it in 11 quarters since. 863 funds tracked by Wall St. Rank hold DAL as of Q4 2015.

Appaloosa Management held 7,323,415 shares of Delta Air Lines worth $371M as of Q4 2015.
Appaloosa Management bought 1,246,382 Delta Air Lines shares in Q4 2015, an estimated $61.6M.
Delta Air Lines made up 7.4% of Appaloosa Management's portfolio in Q4 2015, its #4 holding.
Appaloosa Management first reported a position in Delta Air Lines in Q2 2013 and has held it in 11 quarters since.
863 funds tracked by Wall St. Rank held Delta Air Lines as of Q4 2015.

Based on Appaloosa Management's 13F filing for Q4 2015, filed 12 Feb 2016.