Kawa Capital Management’s Delek US DK Stock Holding History

Kawa Capital Management’s Portfolio DK Stock Details DK Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q4	–	Sell	-200,000	Closed	-$6.45M	–	5
2025 Q3	$6.45M	Sell	200,000 -150,000	-43%	-$3.92M	11.7%	5
2025 Q2	$7.41M	Sell	350,000 -50,000	-13%	-$840K	13.51%	4
2025 Q1	$6.19M	Buy	400,000 +167,750	+72%	+$2.9M	13.84%	3
2024 Q4	$4.3M	Buy	+232,250	New	+$4.16M	11.65%	4

Other funds holding DK

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

RCMNY

Rubric Capital Management (New York) New York $9.44B AUM 68.42% 1-Year Est. Return

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

RRAM

River Road Asset Management Louisville, Kentucky $8.99B AUM 12.83% 1-Year Est. Return

Goldman Sachs New York $871B AUM 31.28% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

IFM

ION Fund Management Herzliya $707M AUM

Norges Bank Oslo, Norway $935B AUM

Charles Schwab San Francisco, California $654B AUM 26.35% 1-Year Est. Return

Kawa Capital Management's DK Position: Q4 2025 in Review

Kawa Capital Management sold out of Delek US (DK) in Q4 2025, closing a stake of 200,000 shares — an estimated $6.45M sold.

Kawa Capital Management first reported a position in DK in Q4 2024 and held it in 4 quarters. The position peaked at $7.41M in Q2 2025. 254 funds tracked by Wall St. Rank hold DK as of Q4 2025.

Kawa Capital Management reported no remaining Delek US position as of Q4 2025 after selling out during the quarter.
Kawa Capital Management sold 200,000 Delek US shares in Q4 2025, an estimated $6.45M.
Kawa Capital Management first reported a position in Delek US in Q4 2024 and held it in 4 quarters.
Kawa Capital Management's Delek US position peaked at $7.41M in Q2 2025.
254 funds tracked by Wall St. Rank held Delek US as of Q4 2025.

Based on Kawa Capital Management's 13F filing for Q4 2025, filed 21 Jan 2026.