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Delta Air Lines

1,182 hedge funds and large institutions have $26B invested in Delta Air Lines in 2025 Q2 according to their latest regulatory filings, with 188 funds opening new positions, 444 increasing their positions, 388 reducing their positions, and 118 closing their positions.

New
Increased
Maintained
Reduced
Closed

59% more first-time investments, than exits

New positions opened: 188 | Existing positions closed: 118

30% more funds holding in top 10

Funds holding in top 10: 1013 (+3)

14% more repeat investments, than reductions

Existing positions increased: 444 | Existing positions reduced: 388

12% more capital invested

Capital invested by funds: $23.3B → $26B (+$2.69B)

5% more funds holding

Funds holding: 1,1261,182 (+56)

2% less call options, than puts

Call options by funds: $1.51B | Put options by funds: $1.55B

1.89% less ownership

Funds ownership: 82.68%80.79% (-1.9%)

Holders
1,182
Holders Change
+56
Holders Change %
+4.97%
% of All Funds
15.56%
Holding in Top 10
13
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+30%
% of All Funds
0.17%
New
188
Increased
444
Reduced
388
Closed
118
Calls
$1.51B
Puts
$1.55B
Net Calls
-$36.9M
Net Calls Change
-$579M
Name Holding Trade Value Shares
Change
Change in
Stake
FG
301
Foster Group
Iowa
$3.23M -$505 -11 -0%
RBA
302
Richard Bernstein Advisors
New York
$3.2M -$245K -5,336 -8%
SC
303
Soundwatch Capital
Connecticut
$3.18M +$238K +5,173 New
Zurich Cantonal Bank
304
Zurich Cantonal Bank
Switzerland
$3.18M +$615K +13,396 +26%
EAM
305
EULAV Asset Management
Florida
$3.15M -$505K -11,000 -15%
SCP
306
Steamboat Capital Partners
New York
$3.14M -$55.7K -1,212 -2%
LSA
307
Leonteq Securities AG
Switzerland
$3.12M +$448K +9,767 +18%
Northwestern Mutual Wealth Management
308
Northwestern Mutual Wealth Management
Wisconsin
$3.09M -$97.8K -2,129 -3%
Los Angeles Capital Management
309
Los Angeles Capital Management
California
$3.07M -$40.6M -883,260 -93%
CWM
310
CIBC World Markets
New York
$3.04M +$286K +6,234 +11%
AHC
311
Anderson Hoagland & Co
Missouri
$3.03M -$19.7K -429 -0.7%
MSV
312
MN Services Vermogensbeheer
Netherlands
$3M +$2.8M +61,000 New
QT
313
Quantbot Technologies
New York
$2.96M +$2.45M +53,457 +790%
Pathstone Holdings
314
Pathstone Holdings
New Jersey
$2.92M -$716K -15,590 -21%
Jane Street
315
Jane Street
New York
$2.89M -$15.3M -332,485 -85%
KF
316
KKM Financial
Illinois
$2.89M +$775K +16,868 +40%
NIM
317
NEOS Investment Management
Connecticut
$2.86M +$573K +12,481 +27%
Daiwa Securities Group
318
Daiwa Securities Group
Japan
$2.86M +$255K +5,564 +11%
RAM
319
Resona Asset Management
Japan
$2.82M +$43.9K +955 +2%
JF
320
Jump Financial
Illinois
$2.8M -$31.8M -692,451 -92%
State of New Jersey Common Pension Fund D
321
State of New Jersey Common Pension Fund D
New Jersey
$2.78M -$132K -2,877 -5%
NO
322
Ninety One
South Africa
$2.78M -$8.17K -178 -0.3%
OPERF
323
Oregon Public Employees Retirement Fund
Oregon
$2.77M +$59.7K +1,300 +2%
SCM
324
Sterling Capital Management
North Carolina
$2.74M +$112K +2,446 +5%
PAG
325
Private Advisor Group
New Jersey
$2.7M -$172K -3,752 -6%

DAL Hedge Fund Activity: Q2 2025 in Review

1,182 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in Delta Air Lines (DAL) for Q2 2025, worth a combined $26B — up 12% from $23.3B a quarter earlier.

Buyers outnumbered sellers: 188 funds opened new DAL positions and 118 closed out — a net gain of 70 holders — while 444 added to existing stakes and 388 trimmed.

The largest buyer was Capital International Investors, adding an estimated $355M. The largest seller was Capital World Investors, cutting an estimated $423M.

  • 1,182 institutional investors held Delta Air Lines (DAL) as of Q2 2025, up from 1,126 in Q1 2025.
  • Funds reported $26B of Delta Air Lines stock for Q2 2025, up 12% quarter-over-quarter.
  • 188 funds opened new Delta Air Lines positions in Q2 2025 and 118 closed out, a net change of +70 holders.
  • The largest Delta Air Lines buyer in Q2 2025 was Capital International Investors, an estimated $355M added.
  • The largest Delta Air Lines seller in Q2 2025 was Capital World Investors, an estimated $423M sold.

Based on aggregated 13F filings for Q2 2025.