PAR Capital Management’s Delta Air Lines DAL Stock Holding History

PAR Capital Management’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
2026 Q1	$234M	Sell	3,514,445 -59,765	-2%	-$4.02M	6.79%	6
2025 Q4	$248M	Hold	3,574,210	–	–	6.58%	5
2025 Q3	$203M	Buy	3,574,210 +10,210	+0.3%	+$583K	5.99%	5
2025 Q2	$175M	Hold	3,564,000	–	–	5.73%	7
2025 Q1	$155M	Sell	3,564,000 -891,000	-20%	-$52.8M	5.21%	8
2024 Q4	$270M	Hold	4,455,000	–	–	7.96%	5
2024 Q3	$226M	Hold	4,455,000	–	–	6.42%	7
2024 Q2	$211M	Hold	4,455,000	–	–	6.65%	7
2024 Q1	$213M	Hold	4,455,000	–	–	6.63%	7
2023 Q4	$179M	Sell	4,455,000 -45,000	-1%	-$1.63M	5.89%	6
2023 Q3	$167M	Sell	4,500,000 -20,800	-0.5%	-$903K	6.23%	6
2023 Q2	$215M	Sell	4,520,800 -379,200	-8%	-$14M	7.48%	6
2023 Q1	$171M	Sell	4,900,000 -234,729	-5%	-$8.71M	6.3%	6
2022 Q4	$169M	Buy	5,134,729 +2,134,729	+71%	+$70.8M	6.07%	7
2022 Q3	$84.2M	Sell	3,000,000 -8,000	-0.3%	-$254K	3.12%	10
2022 Q2	$87.1M	Buy	3,008,000 +8,000	+0.3%	+$305K	2.92%	12
2022 Q1	$119M	Buy	3,000,000 +254,100	+9%	+$9.89M	2.84%	12
2021 Q4	$107M	Sell	2,745,900 -157,600	-5%	-$6.31M	2.9%	8
2021 Q3	$124M	Sell	2,903,500 -385,300	-12%	-$15.7M	2.97%	9
2021 Q2	$142M	Buy	3,288,800 +288,800	+10%	+$13.4M	3.54%	8
2021 Q1	$145M	Sell	3,000,000 -500,000	-14%	-$22.1M	3.42%	11
2020 Q4	$141M	Sell	3,500,000 -26,450	-0.8%	-$962K	4.1%	11
2020 Q3	$108M	Buy	3,526,450 +9,450	+0.3%	+$272K	4.09%	9
2020 Q2	$98.7M	Sell	3,517,000 -516,500	-13%	-$13.1M	3.79%	9
2020 Q1	$115M	Buy	4,033,500 +33,500	+0.8%	+$1.66M	4.95%	6
2019 Q4	$234M	Sell	4,000,000 -4,500,000	-53%	-$252M	4.55%	6
2019 Q3	$490M	Sell	8,500,000 -1,391,190	-14%	-$82.4M	8.52%	3
2019 Q2	$561M	Sell	9,891,190 -2,174,619	-18%	-$122M	9.41%	3
2019 Q1	$623M	Sell	12,065,809 -50,000	-0.4%	-$2.48M	11.56%	3
2018 Q4	$605M	Sell	12,115,809 -1,150,000	-9%	-$62.6M	10.11%	3
2018 Q3	$767M	Sell	13,265,809 -100,000	-0.7%	-$5.51M	8.81%	3
2018 Q2	$662M	Buy	13,365,809 +25,000	+0.2%	+$1.33M	7.45%	3
2018 Q1	$731M	Buy	13,340,809 +285,000	+2%	+$15.7M	8.03%	3
2017 Q4	$731M	Sell	13,055,809 -57,000	-0.4%	-$2.98M	8.17%	3
2017 Q3	$632M	Buy	13,112,809 +47,000	+0.4%	+$2.34M	7.18%	3
2017 Q2	$702M	Buy	13,065,809 +2,000,000	+18%	+$98M	7.89%	3
2017 Q1	$509M	Hold	11,065,809	–	–	6.18%	3
2016 Q4	$544M	Sell	11,065,809 -400,000	-3%	-$18.2M	7.12%	3
2016 Q3	$451M	Hold	11,465,809	–	–	6.52%	3
2016 Q2	$418M	Hold	11,465,809	–	–	6.93%	3
2016 Q1	$558M	Sell	11,465,809 -3,850,000	-25%	-$180M	8.94%	2
2015 Q4	$776M	Buy	15,315,809 +350,000	+2%	+$17.3M	14.28%	1
2015 Q3	$672M	Buy	14,965,809 +2,600,000	+21%	+$117M	14.16%	1
2015 Q2	$508M	Buy	12,365,809 +1,110,000	+10%	+$48.5M	11.49%	1
2015 Q1	$506M	Sell	11,255,809 -170,200	-1%	-$7.89M	11.67%	1
2014 Q4	$562M	Buy	11,426,009 +3,786,209	+50%	+$159M	12.98%	1
2014 Q3	$276M	Buy	7,639,800 +2,276,000	+42%	+$87M	7.39%	3
2014 Q2	$208M	Sell	5,363,800 -81,200	-1%	-$3.06M	5.73%	6
2014 Q1	$189M	Buy	5,445,000 +40,000	+0.7%	+$1.29M	5.7%	5
2013 Q4	$148M	Hold	5,405,000	–	–	4.95%	6
2013 Q3	$128M	Sell	5,405,000 -7,918,600	-59%	-$165M	3.92%	8
2013 Q2	$249M	Buy	+13,323,600	New	+$231M	7%	3