Delta Air Lines
DAL
806 hedge funds and large institutions have $36.7B invested in Delta Air Lines in 2014 Q4 according to their latest regulatory filings, with 169 funds opening new positions, 266 increasing their positions, 309 reducing their positions, and 64 closing their positions.
164% more first-time investments, than exits
New positions opened: 169 | Existing positions closed: 64
42% more capital invested
Capital invested by funds: $25.9B → $36.7B (+$10.9B)
38% more funds holding in top 10
Funds holding in top 10: 48 → 66 (+18)
28% more call options, than puts
Call options by funds: $1.28B | Put options by funds: $998M
13% more funds holding
Funds holding: 712 → 806 (+94)
0.74% more ownership
Funds ownership: 84.36% → 85.1% (+0.74%)
14% less repeat investments, than reductions
Existing positions increased: 266 | Existing positions reduced: 309
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Viking Global Investors
Stamford,
Connecticut
|
+$288M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$278M |
| 3 |
TP
Third Point
New York
|
+$162M |
| 4 |
PCM
PAR Capital Management
Boston,
Massachusetts
|
+$159M |
| 5 |
Boston Partners
Boston,
Massachusetts
|
+$156M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$320M |
| 2 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$297M |
| 3 |
Capital World Investors
Los Angeles,
California
|
-$253M |
| 4 |
AM
Appaloosa Management
Miami Beach,
Florida
|
-$179M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$146M |
DAL Hedge Fund Activity: Q4 2014 in Review
806 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Delta Air Lines (DAL) for Q4 2014, worth a combined $36.7B — up 42% from $25.9B a quarter earlier.
Buyers outnumbered sellers: 169 funds opened new DAL positions and 64 closed out — a net gain of 105 holders — while 266 added to existing stakes and 309 trimmed.
The largest buyer was Viking Global Investors, adding an estimated $288M. The largest seller was T. Rowe Price Associates, cutting an estimated $320M.
- 806 institutional investors held Delta Air Lines (DAL) as of Q4 2014, up from 712 in Q3 2014.
- Funds reported $36.7B of Delta Air Lines stock for Q4 2014, up 42% quarter-over-quarter.
- 169 funds opened new Delta Air Lines positions in Q4 2014 and 64 closed out, a net change of +105 holders.
- The largest Delta Air Lines buyer in Q4 2014 was Viking Global Investors, an estimated $288M added.
- The largest Delta Air Lines seller in Q4 2014 was T. Rowe Price Associates, an estimated $320M sold.
Based on aggregated 13F filings for Q4 2014.