Delta Air Lines
1,082 hedge funds and large institutions have $26B invested in Delta Air Lines in 2024 Q3 according to their latest regulatory filings, with 121 funds opening new positions, 390 increasing their positions, 405 reducing their positions, and 124 closing their positions.
46% more funds holding in top 10
Funds holding in top 10: 13 → 19 (+6)
10% more capital invested
Capital invested by funds: $23.6B → $26B (+$2.4B)
2.22% more ownership
Funds ownership: 76.96% → 79.18% (+2.2%)
8% more call options, than puts
Call options by funds: $2.03B | Put options by funds: $1.89B
2% less first-time investments, than exits
New positions opened: 121 | Existing positions closed: 124
4% less repeat investments, than reductions
Existing positions increased: 390 | Existing positions reduced: 405
1% less funds holding
Funds holding: 1,093 → 1,082 (-11)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pzena Investment Management
New York
|
+$241M |
| 2 |
CHP
Castle Hook Partners
New York
|
+$162M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
+$160M |
| 4 |
SPC
Slate Path Capital
New York
|
+$103M |
| 5 |
WHCM
Wolf Hill Capital Management
Greenwich,
Connecticut
|
+$69.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$90.3M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
-$87.1M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$70.7M |
| 4 |
Royal London Asset Management
United Kingdom
|
-$58.6M |
| 5 |
Jennison Associates
New York
|
-$49.9M |
DAL Hedge Fund Activity: Q3 2024 in Review
1,082 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Delta Air Lines (DAL) for Q3 2024, worth a combined $26B — up 10% from $23.6B a quarter earlier.
Sellers outnumbered buyers: 124 funds closed out of DAL and 121 opened new positions — a net loss of 3 holders — while 405 trimmed existing stakes and 390 added.
The largest buyer was Pzena Investment Management, opening a new position worth an estimated $241M. The largest seller was Wellington Management Group, cutting an estimated $90.3M.
- 1,082 institutional investors held Delta Air Lines (DAL) as of Q3 2024, down from 1,093 in Q2 2024.
- Funds reported $26B of Delta Air Lines stock for Q3 2024, up 10% quarter-over-quarter.
- 121 funds opened new Delta Air Lines positions in Q3 2024 and 124 closed out, a net change of -3 holders.
- The largest Delta Air Lines buyer in Q3 2024 was Pzena Investment Management, an estimated $241M added.
- The largest Delta Air Lines seller in Q3 2024 was Wellington Management Group, an estimated $90.3M sold.
Based on aggregated 13F filings for Q3 2024.