Gratus Capital’s Delta Air Lines DAL Stock Holding History

Gratus Capital’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	-52,366	Closed	-$2.65M	–	75
2015 Q4	$2.65M	Buy	52,366 +2,424	+5%	+$120K	0.6%	32
2015 Q3	$2.24M	Buy	49,942 +3,690	+8%	+$166K	0.54%	43
2015 Q2	$1.9M	Buy	46,252 +2,151	+5%	+$94K	0.44%	59
2015 Q1	$1.98M	Sell	44,101 -9,375	-18%	-$435K	0.44%	54
2014 Q4	$2.63M	Buy	+53,476	New	+$2.25M	0.62%	35

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

Gratus Capital's DAL Position: Q1 2016 in Review

Gratus Capital sold out of Delta Air Lines (DAL) in Q1 2016, closing a stake of 52,366 shares — an estimated $2.65M sold.

Gratus Capital first reported a position in DAL in Q4 2014 and held it in 5 quarters. The position peaked at $2.65M in Q4 2015. 832 funds tracked by Wall St. Rank hold DAL as of Q1 2016.

Gratus Capital reported no remaining Delta Air Lines position as of Q1 2016 after selling out during the quarter.
Gratus Capital sold 52,366 Delta Air Lines shares in Q1 2016, an estimated $2.65M.
Gratus Capital first reported a position in Delta Air Lines in Q4 2014 and held it in 5 quarters.
Gratus Capital's Delta Air Lines position peaked at $2.65M in Q4 2015.
832 funds tracked by Wall St. Rank held Delta Air Lines as of Q1 2016.

Based on Gratus Capital's 13F filing for Q1 2016, filed 11 May 2016.