Cypress Funds’s Delta Air Lines DAL Stock Holding History

Cypress Funds’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 Q3	–	Sell	-585,000	Closed	-$21.3M	–	31
2016 Q2	$21.3M	Buy	585,000 +185,000	+46%	+$7.87M	5.03%	9
2016 Q1	$19.5M	Hold	400,000	–	–	4.88%	9
2015 Q4	$20.3M	Hold	400,000	–	–	5.16%	11
2015 Q3	$17.9M	Hold	400,000	–	–	5.2%	11
2015 Q2	$16.4M	Buy	400,000 +49,300	+14%	+$2.15M	4.97%	11
2015 Q1	$15.8M	Sell	350,700 -212,000	-38%	-$9.83M	4.14%	13
2014 Q4	$27.7M	Hold	562,700	–	–	7.29%	5
2014 Q3	$20.3M	Sell	562,700 -563,000	-50%	-$21.5M	6.41%	5
2014 Q2	$43.6M	Hold	1,125,700	–	–	11.39%	3
2014 Q1	$39M	Hold	1,125,700	–	–	9.41%	3
2013 Q4	$30.9M	Hold	1,125,700	–	–	8.72%	2
2013 Q3	$26.6M	Sell	1,125,700 -249,300	-18%	-$5.2M	8.94%	1
2013 Q2	$25.7M	Buy	+1,375,000	New	+$23.8M	9.61%	1

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

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

LPU

Lansdowne Partners (UK) London, United Kingdom $1.87B AUM 61.55% 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

T. Rowe Price Associates Baltimore, Maryland $865B AUM 30.76% 1-Year Est. Return

AllianceBernstein Nashville, Tennessee $309B AUM 23.92% 1-Year Est. Return

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

Cypress Funds's DAL Position: Q3 2016 in Review

Cypress Funds sold out of Delta Air Lines (DAL) in Q3 2016, closing a stake of 585,000 shares — an estimated $21.3M sold.

Cypress Funds first reported a position in DAL in Q2 2013 and held it in 13 quarters. The position peaked at $43.6M in Q2 2014. 769 funds tracked by Wall St. Rank hold DAL as of Q3 2016.

Cypress Funds reported no remaining Delta Air Lines position as of Q3 2016 after selling out during the quarter.
Cypress Funds sold 585,000 Delta Air Lines shares in Q3 2016, an estimated $21.3M.
Cypress Funds first reported a position in Delta Air Lines in Q2 2013 and held it in 13 quarters.
Cypress Funds's Delta Air Lines position peaked at $43.6M in Q2 2014.
769 funds tracked by Wall St. Rank held Delta Air Lines as of Q3 2016.

Based on Cypress Funds's 13F filing for Q3 2016, filed 7 Nov 2016.