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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
PR
501
Payden & Rygel
California
$949K
MFS
502
Mirabella Financial Services
United Kingdom
$946K -$92.1M -2,006,660 -99%
OM
503
OV Management
Minnesota
$945K -$917K -19,976 -51%
WA
504
Waverly Advisors
Alabama
$939K +$161K +3,515 +23%
ET
505
Equitable Trust
Tennessee
$926K +$865K +18,837 New
BTI
506
Blue Trust Inc
Georgia
$918K -$44.1K -960 -5%
JSL
507
JT Stratford LLC
Georgia
$915K +$101K +2,197 +13%
MG
508
Marex Group
$913K -$698K -15,205 -45%
WBC
509
Westpac Banking Corp
Australia
$907K -$548K -11,925 -39%
CWM
510
Circle Wealth Management
New Jersey
$887K +$166K +3,621 +25%
Bessemer Group
511
Bessemer Group
New Jersey
$881K +$103K +2,237 +14%
MCM
512
MAI Capital Management
Ohio
$878K +$269K +5,859 +49%
NL
513
Navalign LLC
California
$876K -$18K -393 -2%
Boston Partners
514
Boston Partners
Massachusetts
$875K -$490K -10,675 -38%
BC
515
Bridgefront Capital
Texas
$865K +$808K +17,594 New
KRSITF
516
Kentucky Retirement Systems Insurance Trust Fund
Kentucky
$861K -$55.7K -1,214 -6%
CC
517
Covalis Capital
United Kingdom
$859K +$802K +17,458 New
DC
518
Davenport & Co
Virginia
$856K +$129K +2,815 +19%
VT
519
Vise Technologies
New York
$853K +$797K +17,351 New
ASN
520
Advisory Services Network
Georgia
$849K -$1.1M -23,889 -60%
BG
521
Bahl & Gaynor
Ohio
$847K +$19.7K +430 +3%
AFCM
522
Applied Finance Capital Management
Puerto Rico
$847K +$119K +2,602 +18%
Public Employees Retirement Association of Colorado
523
Public Employees Retirement Association of Colorado
Colorado
$844K
PL
524
Perpetual Ltd
Australia
$844K -$548K -11,925 -41%
SI
525
Stephens Inc
Arkansas
$836K -$19.9K -433 -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.