Delta Air Lines
DAL
1,017 hedge funds and large institutions have $29.7B invested in Delta Air Lines in 2018 Q4 according to their latest regulatory filings, with 159 funds opening new positions, 340 increasing their positions, 377 reducing their positions, and 109 closing their positions.
46% more first-time investments, than exits
New positions opened: 159 | Existing positions closed: 109
23% more call options, than puts
Call options by funds: $1.05B | Put options by funds: $855M
19% more funds holding in top 10
Funds holding in top 10: 37 → 44 (+7)
4% more funds holding
Funds holding: 978 → 1,017 (+39)
0.06% less ownership
Funds ownership: 87.28% → 87.22% (-0.06%)
10% less repeat investments, than reductions
Existing positions increased: 340 | Existing positions reduced: 377
15% less capital invested
Capital invested by funds: $34.9B → $29.7B (-$5.18B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$196M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$150M |
| 3 |
Two Sigma Advisers
New York
|
+$129M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$125M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$80.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
-$197M |
| 2 |
JP Morgan Chase
New York
|
-$149M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
-$123M |
| 4 |
Neuberger Berman Group
New York
|
-$84M |
| 5 |
BlackRock
New York
|
-$78M |
DAL Hedge Fund Activity: Q4 2018 in Review
1,017 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Delta Air Lines (DAL) for Q4 2018, worth a combined $29.7B — down 15% from $34.9B a quarter earlier.
Buyers outnumbered sellers: 159 funds opened new DAL positions and 109 closed out — a net gain of 50 holders — while 340 added to existing stakes and 377 trimmed.
The largest buyer was AJO LP, adding an estimated $196M. The largest seller was Capital World Investors, cutting an estimated $197M.
- 1,017 institutional investors held Delta Air Lines (DAL) as of Q4 2018, up from 978 in Q3 2018.
- Funds reported $29.7B of Delta Air Lines stock for Q4 2018, down 15% quarter-over-quarter.
- 159 funds opened new Delta Air Lines positions in Q4 2018 and 109 closed out, a net change of +50 holders.
- The largest Delta Air Lines buyer in Q4 2018 was AJO LP, an estimated $196M added.
- The largest Delta Air Lines seller in Q4 2018 was Capital World Investors, an estimated $197M sold.
Based on aggregated 13F filings for Q4 2018.