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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
Wellington Management Group
26
Wellington Management Group
Massachusetts
$185M -$6.52M -142,094 -4%
PCM
27
PAR Capital Management
Massachusetts
$175M
Massachusetts Financial Services
28
Massachusetts Financial Services
Massachusetts
$170M +$7.56M +164,706 +5%
LSV Asset Management
29
LSV Asset Management
Illinois
$167M +$2.25M +48,997 +1%
Ameriprise
30
Ameriprise
Minnesota
$163M -$42M -914,926 -22%
Bank of America
31
Bank of America
North Carolina
$157M -$6.9M -150,356 -4%
Neuberger Berman Group
32
Neuberger Berman Group
New York
$154M +$3.72M +80,994 +3%
Ninety One (UK)
33
Ninety One (UK)
United Kingdom
$154M -$8.48M -184,652 -6%
N
34
Nuveen
North Carolina
$152M +$12.7M +275,676 +10%
Goldman Sachs
35
Goldman Sachs
New York
$151M -$91M -1,982,795 -39%
Victory Capital Management
36
Victory Capital Management
Texas
$148M +$2.73M +59,414 +2%
Russell Investments Group
37
Russell Investments Group
United Kingdom
$128M -$6.02M -131,081 -5%
Thrivent Financial for Lutherans
38
Thrivent Financial for Lutherans
Minnesota
$118M +$31.5M +685,312 +40%
JWBC
39
John W. Bristol & Co
New York
$118M +$26.6M +579,099 +32%
Allianz Asset Management
40
Allianz Asset Management
Germany
$110M +$10.4M +227,283 +11%
Qube Research & Technologies (QRT)
41
Qube Research & Technologies (QRT)
United Kingdom
$105M -$289M -6,287,993 -75%
HSBC Holdings
42
HSBC Holdings
United Kingdom
$104M -$19.3M -420,017 -17%
SAM
43
Silvercrest Asset Management
New York
$99.8M +$114K +2,483 +0.1%
BGIM
44
Brandywine Global Investment Management
Pennsylvania
$99.7M +$2.76M +60,137 +3%
DLA
45
Douglas Lane & Associates
New York
$96.7M -$5M -108,993 -5%
BNP Paribas Financial Markets
46
BNP Paribas Financial Markets
France
$92.7M +$1.94M +42,264 +2%
CCM
47
Candlestick Capital Management
Connecticut
$92.3M +$25.7M +560,288 +43%
UBS AM
48
UBS AM
Illinois
$91.4M +$15.3M +334,178 +22%
Point72 Asset Management
49
Point72 Asset Management
Connecticut
$89.3M +$83.4M +1,816,288 New
USGIU
50
U.S. Global Investors (USGI)
Texas
$86.9M -$1.56M -34,078 -2%

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.