Darsana Capital Partners’s Delta Air Lines DAL Stock Holding History

Darsana Capital Partners’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 Q4	–	Sell	-500,000	Closed	-$19.7M	–	22
2016 Q3	$19.7M	Sell	500,000 -2,500,000	-83%	-$94.6M	0.98%	19
2016 Q2	$109M	Buy	3,000,000 +1,000,000	+50%	+$42.5M	5.68%	10
2016 Q1	$97.4M	Buy	+2,000,000	New	+$93.4M	4.3%	13
2015 Q3	–	Sell	-1,000,000	Closed	-$41.1M	–	20
2015 Q2	$41.1M	Sell	1,000,000 -3,500,000	-78%	-$153M	2.09%	19
2015 Q1	$202M	Buy	4,500,000 +250,000	+6%	+$11.6M	9.11%	4
2014 Q4	$209M	Buy	+4,250,000	New	+$179M	9.41%	2

Other funds holding DAL

Berkshire Hathaway Omaha, Nebraska $263B AUM 16.68% 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

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

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

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

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

Darsana Capital Partners's DAL Position: Q4 2016 in Review

Darsana Capital Partners sold out of Delta Air Lines (DAL) in Q4 2016, closing a stake of 800,000 shares — an estimated $31.5M sold.

Darsana Capital Partners first reported a position in DAL in Q4 2014 and held it in 8 quarters. The position peaked at $153M in Q4 2015. 828 funds tracked by Wall St. Rank hold DAL as of Q4 2016.

Darsana Capital Partners reported no remaining Delta Air Lines position as of Q4 2016 after selling out during the quarter.
Darsana Capital Partners sold 800,000 Delta Air Lines shares in Q4 2016, an estimated $31.5M.
Darsana Capital Partners first reported a position in Delta Air Lines in Q4 2014 and held it in 8 quarters.
Darsana Capital Partners's Delta Air Lines position peaked at $153M in Q4 2015.
828 funds tracked by Wall St. Rank held Delta Air Lines as of Q4 2016.

Based on Darsana Capital Partners's 13F filing for Q4 2016, filed 14 Feb 2017.