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Delta Air Lines

1,026 hedge funds and large institutions have $16.7B invested in Delta Air Lines in 2023 Q3 according to their latest regulatory filings, with 96 funds opening new positions, 368 increasing their positions, 367 reducing their positions, and 134 closing their positions.

New
Increased
Maintained
Reduced
Closed

28% more call options, than puts

Call options by funds: $1.23B | Put options by funds: $965M

0% more repeat investments, than reductions

Existing positions increased: 368 | Existing positions reduced: 367

1.38% less ownership

Funds ownership: 71.6%70.22% (-1.4%)

5% less funds holding

Funds holding: 1,0761,026 (-50)

23% less capital invested

Capital invested by funds: $21.8B → $16.7B (-$5.13B)

28% less first-time investments, than exits

New positions opened: 96 | Existing positions closed: 134

38% less funds holding in top 10

Funds holding in top 10: 2113 (-8)

Holders
1,026
Holders Change
-50
Holders Change %
-4.65%
% of All Funds
16.28%
Holding in Top 10
13
Holding in Top 10 Change
-8
Holding in Top 10 Change %
-38.1%
% of All Funds
0.21%
New
96
Increased
368
Reduced
367
Closed
134
Calls
$1.23B
Puts
$965M
Net Calls
+$269M
Net Calls Change
+$85.3M
Name Holding Trade Value Shares
Change
Change in
Stake
Charles Schwab
26
Charles Schwab
California
$122M +$1.09M +25,065 +0.8%
LSV Asset Management
27
LSV Asset Management
Illinois
$120M -$3.92M -90,300 -3%
Bank of America
28
Bank of America
North Carolina
$117M -$24.9M -574,139 -15%
Massachusetts Financial Services
29
Massachusetts Financial Services
Massachusetts
$106M +$160K +3,684 +0.1%
Susquehanna International Group
30
Susquehanna International Group
Pennsylvania
$99.7M +$60.6M +1,396,386 +108%
Wellington Management Group
31
Wellington Management Group
Massachusetts
$99.4M +$14.7M +339,554 +14%
Neuberger Berman Group
32
Neuberger Berman Group
New York
$94.2M +$5.57M +128,379 +5%
DLA
33
Douglas Lane & Associates
New York
$91M -$2.27M -52,384 -2%
Goldman Sachs
34
Goldman Sachs
New York
$88.3M +$4.25M +97,905 +4%
Millennium Management
35
Millennium Management
New York
$81.8M +$43.7M +1,006,092 +84%
UBS Group
36
UBS Group
Switzerland
$76.8M +$28.3M +651,443 +46%
JWBC
37
John W. Bristol & Co
New York
$76M -$803K -18,487 -0.9%
BGIM
38
Brandywine Global Investment Management
Pennsylvania
$69.9M -$1.01M -23,285 -1%
PCM
39
Patient Capital Management
Maryland
$67.5M -$1.8M -41,396 -2%
Thrivent Financial for Lutherans
40
Thrivent Financial for Lutherans
Minnesota
$67.1M -$7.22M -166,194 -8%
AllianceBernstein
41
AllianceBernstein
Tennessee
$64.6M +$65.3K +1,505 +0.1%
MCM
42
Marsico Capital Management
Colorado
$62.5M +$6.91M +159,200 +10%
Marshall Wace
43
Marshall Wace
United Kingdom
$58.9M +$68.2M +1,570,811 +7,382%
TC
44
TwinBeech Capital
New York
$54.7M +$64.2M +1,478,267 New
Amundi
45
Amundi
France
$54M -$2.49M -57,430 -4%
SAM
46
Silvercrest Asset Management
New York
$53.1M +$6.29M +144,831 +11%
Franklin Resources
47
Franklin Resources
California
$51.9M -$41M -943,368 -40%
Norges Bank
48
Norges Bank
Norway
$51.2M +$3.07M +70,770 +5%
Legal & General Group
49
Legal & General Group
United Kingdom
$50.7M -$6.45M -148,481 -10%
T. Rowe Price Associates
50
T. Rowe Price Associates
Maryland
$49.8M -$27M -622,384 -32%

DAL Hedge Fund Activity: Q3 2023 in Review

1,026 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Delta Air Lines (DAL) for Q3 2023, worth a combined $16.7B — down 23% from $21.8B a quarter earlier.

Sellers outnumbered buyers: 134 funds closed out of DAL and 96 opened new positions — a net loss of 38 holders — while 367 trimmed existing stakes and 368 added.

The largest buyer was Renaissance Technologies, adding an estimated $208M. The largest seller was Capital World Investors, cutting an estimated $506M.

  • 1,026 institutional investors held Delta Air Lines (DAL) as of Q3 2023, down from 1,076 in Q2 2023.
  • Funds reported $16.7B of Delta Air Lines stock for Q3 2023, down 23% quarter-over-quarter.
  • 96 funds opened new Delta Air Lines positions in Q3 2023 and 134 closed out, a net change of -38 holders.
  • The largest Delta Air Lines buyer in Q3 2023 was Renaissance Technologies, an estimated $208M added.
  • The largest Delta Air Lines seller in Q3 2023 was Capital World Investors, an estimated $506M sold.

Based on aggregated 13F filings for Q3 2023.