Stelliam Investment Management’s Delta Air Lines DAL Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2019 Q3	–	Sell	-547,500	Closed	-$31.1M	–	2
2019 Q2	$31.1M	Buy	547,500 +83,500	+18%	+$4.74M	7.69%	2
2019 Q1	$24M	Buy	464,000 +67,900	+17%	+$3.51M	4.96%	4
2018 Q4	$19.8M	Sell	396,100 -1,188,900	-75%	-$59.3M	4.87%	3
2018 Q3	$91.7M	Sell	1,585,000 -215,000	-12%	-$12.4M	4.9%	5
2018 Q2	$89.2M	Sell	1,800,000 -712,500	-28%	-$35.3M	4.11%	4
2018 Q1	$138M	Sell	2,512,500 -132,500	-5%	-$7.26M	5.75%	2
2017 Q4	$148M	Sell	2,645,000 -535,000	-17%	-$30M	6.12%	3
2017 Q3	$153M	Sell	3,180,000 -192,500	-6%	-$9.28M	4.67%	3
2017 Q2	$181M	Sell	3,372,500 -327,500	-9%	-$17.6M	5.85%	2
2017 Q1	$170M	Sell	3,700,000 -362,500	-9%	-$16.7M	6.53%	2
2016 Q4	$200M	Sell	4,062,500 -1,940,000	-32%	-$95.4M	6.64%	1
2016 Q3	$236M	Sell	6,002,500 -12,500	-0.2%	-$492K	7.91%	1
2016 Q2	$219M	Buy	6,015,000 +1,470,000	+32%	+$53.6M	7.58%	1
2016 Q1	$221M	Buy	4,545,000 +132,500	+3%	+$6.45M	6.85%	1
2015 Q4	$224M	Sell	4,412,500 -1,202,500	-21%	-$61M	6.68%	1
2015 Q3	$252M	Sell	5,615,000 -1,145,000	-17%	-$51.4M	6.26%	1
2015 Q2	$278M	Buy	6,760,000 +845,000	+14%	+$34.7M	5.88%	1
2015 Q1	$266M	Buy	5,915,000 +700,000	+13%	+$31.5M	5.98%	1
2014 Q4	$257M	Buy	5,215,000 +560,000	+12%	+$27.5M	5.92%	1
2014 Q3	$168M	Buy	4,655,000 +865,000	+23%	+$31.3M	4.44%	2
2014 Q2	$147M	Buy	3,790,000 +355,000	+10%	+$13.7M	3.92%	3
2014 Q1	$119M	Sell	3,435,000 -182,500	-5%	-$6.32M	3.94%	1
2013 Q4	$99.4M	Sell	3,617,500 -397,500	-10%	-$10.9M	4.05%	2
2013 Q3	$94.7M	Buy	4,015,000 +507,500	+14%	+$12M	4.51%	1
2013 Q2	$65.6M	Buy	+3,507,500	New	+$65.6M	3.56%	3