Delta Air Lines
495 hedge funds and large institutions have $18.4B invested in Delta Air Lines in 2013 Q3 according to their latest regulatory filings, with 99 funds opening new positions, 198 increasing their positions, 148 reducing their positions, and 47 closing their positions.
111% more first-time investments, than exits
New positions opened: 99 | Existing positions closed: 47
69% more call options, than puts
Call options by funds: $642M | Put options by funds: $381M
35% more capital invested
Capital invested by funds: $13.6B → $18.4B (+$4.81B)
34% more repeat investments, than reductions
Existing positions increased: 198 | Existing positions reduced: 148
11% more funds holding
Funds holding: 446 → 495 (+49)
6.17% more ownership
Funds ownership: 84.55% → 90.72% (+6.2%)
5% more funds holding in top 10
Funds holding in top 10: 38 → 40 (+2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$383M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$261M |
| 3 |
JP Morgan Chase
New York
|
+$205M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$159M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$142M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$465M |
| 2 |
PCM
PAR Capital Management
Boston,
Massachusetts
|
-$165M |
| 3 |
Winslow Capital Management
Minneapolis,
Minnesota
|
-$133M |
| 4 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
-$96.6M |
| 5 |
SFM
Soros Fund Management
New York
|
-$96.4M |
DAL Hedge Fund Activity: Q3 2013 in Review
495 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Delta Air Lines (DAL) for Q3 2013, worth a combined $18.4B — up 35% from $13.6B a quarter earlier.
Buyers outnumbered sellers: 99 funds opened new DAL positions and 47 closed out — a net gain of 52 holders — while 198 added to existing stakes and 148 trimmed.
The largest buyer was State Street, adding an estimated $383M. The largest seller was Wellington Management Group, cutting an estimated $465M.
- 495 institutional investors held Delta Air Lines (DAL) as of Q3 2013, up from 446 in Q2 2013.
- Funds reported $18.4B of Delta Air Lines stock for Q3 2013, up 35% quarter-over-quarter.
- 99 funds opened new Delta Air Lines positions in Q3 2013 and 47 closed out, a net change of +52 holders.
- The largest Delta Air Lines buyer in Q3 2013 was State Street, an estimated $383M added.
- The largest Delta Air Lines seller in Q3 2013 was Wellington Management Group, an estimated $465M sold.
Based on aggregated 13F filings for Q3 2013.