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Delta Air Lines

638 hedge funds and large institutions have $25.5B invested in Delta Air Lines in 2014 Q1 according to their latest regulatory filings, with 112 funds opening new positions, 231 increasing their positions, 236 reducing their positions, and 61 closing their positions.

New
Increased
Maintained
Reduced
Closed

84% more first-time investments, than exits

New positions opened: 112 | Existing positions closed: 61

77% more call options, than puts

Call options by funds: $555M | Put options by funds: $313M

27% more funds holding in top 10

Funds holding in top 10: 4456 (+12)

26% more capital invested

Capital invested by funds: $20.3B → $25.5B (+$5.19B)

8% more funds holding

Funds holding: 593638 (+45)

0.74% less ownership

Funds ownership: 86.57%85.83% (-0.74%)

2% less repeat investments, than reductions

Existing positions increased: 231 | Existing positions reduced: 236

Holders
638
Holders Change
+45
Holders Change %
+7.59%
% of All Funds
18.43%
Holding in Top 10
56
Holding in Top 10 Change
+12
Holding in Top 10 Change %
+27.27%
% of All Funds
1.62%
New
112
Increased
231
Reduced
236
Closed
61
Calls
$555M
Puts
$313M
Net Calls
+$242M
Net Calls Change
+$88.2M
Name Holding Trade Value Shares
Change
Change in
Stake
SCA
226
SAC Capital Advisors
Connecticut
$9.98M -$4.07M -126,529 -31%
CAM
227
Capstone Asset Management
Texas
$9.88M +$6.26M +194,500 +215%
BJ
228
BlackRock Japan
Japan
$9.68M +$1.25M +38,867 +16%
MTB
229
Mizuho Trust & Banking
Japan
$9.67M -$430K -13,372 -5%
TSU
230
TD Securities (USA)
New York
$9.66M -$743K -23,115 -8%
Brown Advisory
231
Brown Advisory
Maryland
$9.27M +$2.38K +74 +0%
EMR
232
Errol M. Rudman
$9.19M -$51.5K -1,600 -0.6%
CCM
233
Concourse Capital Management
Georgia
$9.19M +$1.44M +44,841 +20%
Citigroup
234
Citigroup
New York
$9.13M -$25.3M -786,977 -75%
CAM
235
Centre Asset Management
New York
$8.84M +$2.8M +87,050 +52%
Jane Street
236
Jane Street
New York
$8.73M +$5.37M +167,054 +197%
Fifth Third Bancorp
237
Fifth Third Bancorp
Ohio
$8.57M +$339K +10,544 +4%
HCM
238
Hodges Capital Management
Texas
$8.54M -$6.87M -213,677 -46%
QI
239
QS Investors
New York
$8.5M +$6.76M +210,200 +597%
CII
240
CR Intrinsic Investors
Connecticut
$8.49M +$3.06M +95,000 +63%
BIM
241
BRC Investment Management
Colorado
$8.45M +$2.71M +84,140 +53%
APG Asset Management
242
APG Asset Management
Netherlands
$8.35M +$770K +23,937 +11%
CF
243
CNA Financial
Illinois
$8.31M -$516K -16,045 -6%
ASRS
244
Arizona State Retirement System
Arizona
$8.27M -$190K -5,900 -2%
Carson Wealth (CWM LLC)
245
Carson Wealth (CWM LLC)
Nebraska
$8.22M +$956K +29,713 +14%
US Bancorp
246
US Bancorp
Minnesota
$8.1M +$2.25M +69,823 +43%
CA
247
Commerzbank Aktiengesellschaft
Germany
$8.09M +$48.3K +1,501 +0.6%
AAF
248
Andra AP-fonden
Sweden
$8.09M +$1.24M +38,700 +20%
CCM
249
Clovis Capital Management
New York
$7.9M -$3.92M -122,000 -35%
RI
250
Redwood Investments
Massachusetts
$7.73M -$131K -4,060 -2%

DAL Hedge Fund Activity: Q1 2014 in Review

638 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Delta Air Lines (DAL) for Q1 2014, worth a combined $25.5B — up 26% from $20.3B a quarter earlier.

Buyers outnumbered sellers: 112 funds opened new DAL positions and 61 closed out — a net gain of 51 holders — while 231 added to existing stakes and 236 trimmed.

The largest buyer was JP Morgan Chase, adding an estimated $228M. The largest seller was Vanguard Group, cutting an estimated $299M.

  • 638 institutional investors held Delta Air Lines (DAL) as of Q1 2014, up from 593 in Q4 2013.
  • Funds reported $25.5B of Delta Air Lines stock for Q1 2014, up 26% quarter-over-quarter.
  • 112 funds opened new Delta Air Lines positions in Q1 2014 and 61 closed out, a net change of +51 holders.
  • The largest Delta Air Lines buyer in Q1 2014 was JP Morgan Chase, an estimated $228M added.
  • The largest Delta Air Lines seller in Q1 2014 was Vanguard Group, an estimated $299M sold.

Based on aggregated 13F filings for Q1 2014.