Delta Air Lines
1,135 hedge funds and large institutions have $32.2B invested in Delta Air Lines in 2019 Q4 according to their latest regulatory filings, with 190 funds opening new positions, 403 increasing their positions, 399 reducing their positions, and 99 closing their positions.
92% more first-time investments, than exits
New positions opened: 190 | Existing positions closed: 99
7% more funds holding in top 10
Funds holding in top 10: 42 → 45 (+3)
7% more funds holding
Funds holding: 1,065 → 1,135 (+70)
1% more repeat investments, than reductions
Existing positions increased: 403 | Existing positions reduced: 399
1% less capital invested
Capital invested by funds: $32.6B → $32.2B (-$434M)
2.04% less ownership
Funds ownership: 87.27% → 85.23% (-2%)
14% less call options, than puts
Call options by funds: $985M | Put options by funds: $1.15B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$128M |
| 2 |
Truist Financial
Charlotte,
North Carolina
|
+$127M |
| 3 |
GQG Partners
Ft. Lauderdale,
Florida
|
+$116M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$72.1M |
| 5 |
Nomura Holdings
Tokyo,
Japan
|
+$72M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$321M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
-$275M |
| 3 |
PCM
PAR Capital Management
Boston,
Massachusetts
|
-$252M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$153M |
| 5 |
LPU
Lansdowne Partners (UK)
London,
United Kingdom
|
-$138M |
DAL Hedge Fund Activity: Q4 2019 in Review
1,135 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Delta Air Lines (DAL) for Q4 2019, worth a combined $32.2B — down 1.3% from $32.6B a quarter earlier.
Buyers outnumbered sellers: 190 funds opened new DAL positions and 99 closed out — a net gain of 91 holders — while 403 added to existing stakes and 399 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $128M. The largest seller was T. Rowe Price Associates, cutting an estimated $321M.
- 1,135 institutional investors held Delta Air Lines (DAL) as of Q4 2019, up from 1,065 in Q3 2019.
- Funds reported $32.2B of Delta Air Lines stock for Q4 2019, down 1.3% quarter-over-quarter.
- 190 funds opened new Delta Air Lines positions in Q4 2019 and 99 closed out, a net change of +91 holders.
- The largest Delta Air Lines buyer in Q4 2019 was Wellington Management Group, an estimated $128M added.
- The largest Delta Air Lines seller in Q4 2019 was T. Rowe Price Associates, an estimated $321M sold.
Based on aggregated 13F filings for Q4 2019.