Causeway Capital Management’s Delta Air Lines DAL Stock Holding History

Causeway Capital 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
2016 Q1	–	Sell	-2,828,355	Closed	-$172M	–	76
2015 Q4	$172M	Sell	2,828,355 -737,550	-21%	-$36.5M	3.64%	7
2015 Q3	$197M	Buy	3,565,905 +611,544	+21%	+$27.5M	3.97%	4
2015 Q2	$142M	Buy	2,954,361 +674,108	+30%	+$29.5M	3.55%	9
2015 Q1	$136M	Buy	+2,280,253	New	+$106M	3.55%	10

Other funds holding DAL

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

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

BIT

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

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

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

Bank of New York Mellon New York $544B AUM 28.31% 1-Year Est. Return

IAM

Iridian Asset Management Westport, Connecticut $247M AUM 20.65% 1-Year Est. Return

Causeway Capital Management's DAL Position: Q1 2016 in Review

Causeway Capital Management sold out of Delta Air Lines (DAL) in Q1 2016, closing a stake of 2,828,355 shares — an estimated $172M sold.

Causeway Capital Management first reported a position in DAL in Q1 2015 and held it in 4 quarters. The position peaked at $197M in Q3 2015. 832 funds tracked by Wall St. Rank hold DAL as of Q1 2016.

Causeway Capital Management reported no remaining Delta Air Lines position as of Q1 2016 after selling out during the quarter.
Causeway Capital Management sold 2,828,355 Delta Air Lines shares in Q1 2016, an estimated $172M.
Causeway Capital Management first reported a position in Delta Air Lines in Q1 2015 and held it in 4 quarters.
Causeway Capital Management's Delta Air Lines position peaked at $197M in Q3 2015.
832 funds tracked by Wall St. Rank held Delta Air Lines as of Q1 2016.

Based on Causeway Capital Management's 13F filing for Q1 2016, filed 16 May 2016.