Delta Air Lines
815 hedge funds and large institutions have $31.5B invested in Delta Air Lines in 2015 Q1 according to their latest regulatory filings, with 111 funds opening new positions, 302 increasing their positions, 312 reducing their positions, and 92 closing their positions.
30% more call options, than puts
Call options by funds: $1.06B | Put options by funds: $814M
21% more first-time investments, than exits
New positions opened: 111 | Existing positions closed: 92
1% more funds holding
Funds holding: 806 → 815 (+9)
0.21% less ownership
Funds ownership: 85.1% → 84.89% (-0.21%)
3% less repeat investments, than reductions
Existing positions increased: 302 | Existing positions reduced: 312
2% less funds holding in top 10
Funds holding in top 10: 66 → 65 (-1)
14% less capital invested
Capital invested by funds: $36.7B → $31.5B (-$5.28B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IAM
Iridian Asset Management
Westport,
Connecticut
|
+$144M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$132M |
| 3 |
Adage Capital Partners
Boston,
Massachusetts
|
+$109M |
| 4 |
SIG
Senator Investment Group
New York
|
+$109M |
| 5 |
CCM
Causeway Capital Management
Los Angeles,
California
|
+$106M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Americafirst Capital Management
Roseville,
California
|
-$1.71B |
| 2 |
Viking Global Investors
Stamford,
Connecticut
|
-$433M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$204M |
| 4 |
CCP
Cyrus Capital Partners
New York
|
-$202M |
| 5 |
State Street
Boston,
Massachusetts
|
-$168M |
DAL Hedge Fund Activity: Q1 2015 in Review
815 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Delta Air Lines (DAL) for Q1 2015, worth a combined $31.5B — down 14% from $36.7B a quarter earlier.
Buyers outnumbered sellers: 111 funds opened new DAL positions and 92 closed out — a net gain of 19 holders — while 302 added to existing stakes and 312 trimmed.
The largest buyer was Iridian Asset Management, adding an estimated $144M. The largest seller was Americafirst Capital Management, exiting entirely with an estimated $1.71B sold.
- 815 institutional investors held Delta Air Lines (DAL) as of Q1 2015, up from 806 in Q4 2014.
- Funds reported $31.5B of Delta Air Lines stock for Q1 2015, down 14% quarter-over-quarter.
- 111 funds opened new Delta Air Lines positions in Q1 2015 and 92 closed out, a net change of +19 holders.
- The largest Delta Air Lines buyer in Q1 2015 was Iridian Asset Management, an estimated $144M added.
- The largest Delta Air Lines seller in Q1 2015 was Americafirst Capital Management, an estimated $1.71B sold.
Based on aggregated 13F filings for Q1 2015.