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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
TPCW
651
TD Private Client Wealth
New York
$452K +$422K +9,199 New
BP
652
Ballentine Partners
Massachusetts
$450K +$175K +3,805 +71%
TCM
653
Twin Capital Management
Pennsylvania
$446K -$3.86K -84 -0.9%
N
654
Numerai
California
$445K +$415K +9,040 New
PD
655
Point72 (DIFC)
United Arab Emirates
$444K +$415K +9,035 New
LG
656
Leuthold Group
Minnesota
$441K
AWS
657
Atria Wealth Solutions
New York
$441K -$81.7K -1,780 -17%
WMP
658
Wealth Management Partners
Arizona
$438K +$50.9K +1,109 +14%
GI
659
GLOBALT Investments
Georgia
$437K -$91.6K -1,996 -18%
WDG
660
Wealth Dimensions Group
Ohio
$437K +$3.44K +75 +0.9%
RIA
661
Richwood Investment Advisors
Ohio
$434K -$7.99K -174 -2%
TWM
662
Tradition Wealth Management
Minnesota
$429K -$1.47K -32 -0.4%
GCS
663
Gordian Capital (Singapore)
Singapore
$428K -$289K -6,300 -42%
WWC
664
Waypoint Wealth Counsel
Georgia
$427K +$399K +8,689 New
KRW
665
Kaufman Rossin Wealth
Florida
$427K +$399K +8,683 New
KWS
666
Keystone Wealth Services
California
$426K +$132K +2,872 +50%
RCAG
667
Rehmann Capital Advisory Group
Michigan
$426K +$44.6K +972 +13%
FHC
668
First Heartland Consultants
Missouri
$423K -$60.7K -1,321 -13%
CIBC World Market
669
CIBC World Market
Ontario, Canada
$423K +$395K +8,595 New
MMA
670
Miracle Mile Advisors
California
$423K +$23.7K +516 +6%
MC
671
Moors & Cabot
Massachusetts
$420K -$49K -1,067 -11%
BWG
672
Beta Wealth Group
California
$419K +$4.73K +103 +1%
DADC
673
D.A. Davidson & Co
Montana
$415K -$365K -7,947 -49%
FRM
674
Fox Run Management
Connecticut
$411K -$331K -7,214 -46%
EAM
675
Erste Asset Management
Austria
$409K +$383K +8,352 New

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.