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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.

New
Increased
Maintained
Reduced
Closed

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: 806815 (+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: 6665 (-1)

14% less capital invested

Capital invested by funds: $36.7B → $31.5B (-$5.28B)

Holders
815
Holders Change
+9
Holders Change %
+1.12%
% of All Funds
21.72%
Holding in Top 10
65
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-1.52%
% of All Funds
1.73%
New
111
Increased
302
Reduced
312
Closed
92
Calls
$1.06B
Puts
$814M
Net Calls
+$245M
Net Calls Change
-$36.5M
Name Holding Trade Value Shares
Change
Change in
Stake
SIM
26
Stelliam Investment Management
New York
$266M +$32.5M +700,000 +13%
GC
27
GMT Capital
Georgia
$241M -$9.72M -209,600 -4%
TP
28
Third Point
New York
$236M +$64.9M +1,400,000 +36%
SC
29
Sculptor Capital
New York
$234M +$30.3M +653,233 +14%
Bank of America
30
Bank of America
North Carolina
$226M -$31.4M -676,744 -12%
JHIU
31
Janus Henderson Investors US
Colorado
$225M -$1.17M -25,225 -0.5%
CCI
32
Columbus Circle Investors
$217M -$9M -194,021 -4%
AM
33
Appaloosa Management
Florida
$210M +$67.2M +1,450,065 +45%
Morgan Stanley
34
Morgan Stanley
New York
$201M -$287K -6,185 -0.1%
O
35
OppenheimerFunds
New York
$198M -$53.8M -1,159,400 -21%
Adage Capital Partners
36
Adage Capital Partners
Massachusetts
$189M +$109M +2,346,975 +127%
VOYA Investment Management
37
VOYA Investment Management
Georgia
$178M +$716K +15,429 +0.4%
Ameriprise
38
Ameriprise
Minnesota
$175M -$204M -4,390,274 -53%
AQR Capital Management
39
AQR Capital Management
Connecticut
$172M -$45.6M -983,136 -20%
HSBC Holdings
40
HSBC Holdings
United Kingdom
$165M +$76.1M +1,641,073 +81%
New York State Common Retirement Fund
41
New York State Common Retirement Fund
New York
$155M +$20.8M +447,867 +15%
Thrivent Financial for Lutherans
42
Thrivent Financial for Lutherans
Minnesota
$153M -$7M -150,850 -4%
SM
43
Seminole Management
New York
$152M -$11.4M -246,204 -7%
UBS AM
44
UBS AM
Illinois
$141M +$83.1M +1,791,510 +134%
PNC Financial Services Group
45
PNC Financial Services Group
Pennsylvania
$140M -$5.27M -113,734 -4%
CCM
46
Causeway Capital Management
California
$136M +$106M +2,280,253 New
First Eagle Investment Management
47
First Eagle Investment Management
New York
$128M +$43.3M +932,700 +49%
Norges Bank
48
Norges Bank
Norway
$126M -$12M -258,459 -8%
MCM
49
Marsico Capital Management
Colorado
$124M -$74.3M -1,601,804 -37%
California Public Employees Retirement System
50
California Public Employees Retirement System
California
$123M

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.