Delta Accumulation LLC Portfolio holdings
Delta Accumulation manages an options strategy built on long-term options on the stocks of large US companies. Its founder, principal owner and head portfolio manager, Joshua Piestrup, launched the strategy in July 2016, after working as a portfolio manager at Clarium Capital Management and for Peter Thiel's family office. The strategy is designed to do well in rising markets and in crises, and is aimed at high-net-worth individuals, family offices and other investors willing to hold positions for the long term.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Corning
GLW
|
+$637K |
| 2 |
TSMC
TSM
|
+$42.4K |
| 3 |
Invesco QQQ Trust
QQQ
|
+$2.14K |
| 4 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.52K |
| 5 |
Tyson Foods
TSN
|
+$56 |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Bank of New York Mellon
BNY
|
+$12.6M |
| 2 |
Citigroup
C
|
+$8.65M |
| 3 |
Cummins
CMI
|
+$3.49M |
| 4 |
Cisco
CSCO
|
+$1.63M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 99.66% |
| 2 | Technology | 0.2% |
| 3 | Communication Services | 0.08% |
| 4 | Consumer Discretionary | 0.03% |
| 5 | Financials | 0.02% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
176
PUT
Waste Management
WM
$94.4B
| – | – |
-8,100
| Closed | -$1.81M | – |
|
177
CALL
Zillow
Z
$6.54B
| – | – |
-10,000
| Closed | -$315K | – |
|
Similar funds
Delta Accumulation LLC's Q3 2026 Portfolio in Review
As of Q3 2026, Delta Accumulation LLC held 177 positions worth $2.47B, down 1.2% from $2.5B the previous quarter. Its ten largest holdings account for 58% of the portfolio.
Delta Accumulation LLC's Q3 2026 filing shows 21 new, 47 increased, 25 reduced and 23 closed positions. Its largest new stake was Corning: 4,007 shares worth $616K. The largest sale was Bank of New York Mellon, an estimated $12.6M.
By sector, the portfolio is most concentrated in Miscellaneous at 100% of assets, up from 99% a quarter earlier, followed by Technology and Communication Services.
- Delta Accumulation LLC's largest Q3 2026 buy was Corning: 4,007 shares worth $616K.
- Delta Accumulation LLC added most to Invesco QQQ Trust in Q3 2026, an estimated $2.14K increase.
- Delta Accumulation LLC's biggest Q3 2026 reduction was Bank of New York Mellon, cutting an estimated $12.6M.
- Delta Accumulation LLC fully exited Citigroup in Q3 2026, selling an estimated $8.65M.
- Delta Accumulation LLC's ten largest holdings make up 58% of its $2.47B portfolio in Q3 2026.
- Delta Accumulation LLC opened 21 new positions and closed 23 in Q3 2026.
- Delta Accumulation LLC's portfolio value fell 1.2% quarter-over-quarter to $2.47B.
Based on Delta Accumulation LLC's 13F filing for Q3 2026, filed 10 Nov 2026.