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Delta Air Lines

682 hedge funds and large institutions have $27.8B invested in Delta Air Lines in 2014 Q2 according to their latest regulatory filings, with 106 funds opening new positions, 261 increasing their positions, 253 reducing their positions, and 58 closing their positions.

New
Increased
Maintained
Reduced
Closed

83% more first-time investments, than exits

New positions opened: 106 | Existing positions closed: 58

9% more capital invested

Capital invested by funds: $25.5B → $27.8B (+$2.31B)

7% more funds holding

Funds holding: 638682 (+44)

4% more funds holding in top 10

Funds holding in top 10: 5658 (+2)

7% more call options, than puts

Call options by funds: $592M | Put options by funds: $554M

3% more repeat investments, than reductions

Existing positions increased: 261 | Existing positions reduced: 253

1.19% less ownership

Funds ownership: 85.83%84.64% (-1.2%)

Holders
682
Holders Change
+44
Holders Change %
+6.9%
% of All Funds
19.6%
Holding in Top 10
58
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+3.57%
% of All Funds
1.67%
New
106
Increased
261
Reduced
253
Closed
58
Calls
$592M
Puts
$554M
Net Calls
+$37.6M
Net Calls Change
-$204M
Name Holding Trade Value Shares
Change
Change in
Stake
BIM
51
BlackRock Investment Management
Delaware
$117M -$13.4M -354,640 -10%
PC
52
PointState Capital
New York
$115M +$89.7M +2,376,300 +406%
New York State Common Retirement Fund
53
New York State Common Retirement Fund
New York
$113M +$5.97M +158,165 +6%
VOYA Investment Management
54
VOYA Investment Management
Georgia
$108M -$6.85M -181,452 -6%
Invesco
55
Invesco
Georgia
$104M +$16.1M +427,931 +19%
DCLA
56
Douglas C. Lane & Associates
New York
$103M -$3.31M -87,629 -3%
CCP
57
Cyrus Capital Partners
New York
$102M -$33.5M -888,000 -25%
Susquehanna International Group
58
Susquehanna International Group
Pennsylvania
$98.5M +$81.7M +2,165,636 +573%
Charles Schwab
59
Charles Schwab
California
$98M -$4.18M -110,714 -4%
MVP
60
Miller Value Partners
Florida
$95M -$9.99M -264,675 -10%
D.E. Shaw & Co
61
D.E. Shaw & Co
New York
$94.9M +$77.1M +2,043,133 +501%
ECU
62
Egerton Capital (UK)
United Kingdom
$92.5M -$111M -2,951,409 -55%
AQR Capital Management
63
AQR Capital Management
Connecticut
$92M +$15.2M +404,100 +20%
Goldman Sachs
64
Goldman Sachs
New York
$89.5M -$73.7M -1,953,734 -46%
SO
65
STRS Ohio
Ohio
$88.9M +$50.4M +1,335,894 +139%
GC
66
Guggenheim Capital
Illinois
$82.5M -$2.92M -77,461 -4%
Royal Bank of Canada
67
Royal Bank of Canada
Ontario, Canada
$79M -$25.9M -687,357 -25%
DCM
68
Discovery Capital Management
Connecticut
$78.5M +$76.5M +2,026,500 New
GE
69
General Electric
Ohio
$76.1M +$25.6M +677,699 +53%
BlackRock
70
BlackRock
New York
$73.2M -$16.2M -430,186 -19%
U
71
UBS
Switzerland
$72.6M +$16.6M +438,600 +31%
MP
72
MSD Partners
New York
$71.3M +$17.7M +469,914 +34%
Millennium Management
73
Millennium Management
New York
$71.2M +$24.9M +660,879 +56%
CC
74
Cannell & Co
New York
$70.7M -$20.8M -550,095 -23%
MDSL
75
M.D. Sass LLC
New York
$69.4M -$9.62M -254,836 -12%

DAL Hedge Fund Activity: Q2 2014 in Review

682 of the 3,480 institutional investors tracked by Wall St. Rank reported a position in Delta Air Lines (DAL) for Q2 2014, worth a combined $27.8B — up 9.1% from $25.5B a quarter earlier.

Buyers outnumbered sellers: 106 funds opened new DAL positions and 58 closed out — a net gain of 48 holders — while 261 added to existing stakes and 253 trimmed.

The largest buyer was Boston Partners, opening a new position worth an estimated $134M. The largest seller was Odey Asset Management Group, cutting an estimated $165M.

  • 682 institutional investors held Delta Air Lines (DAL) as of Q2 2014, up from 638 in Q1 2014.
  • Funds reported $27.8B of Delta Air Lines stock for Q2 2014, up 9.1% quarter-over-quarter.
  • 106 funds opened new Delta Air Lines positions in Q2 2014 and 58 closed out, a net change of +48 holders.
  • The largest Delta Air Lines buyer in Q2 2014 was Boston Partners, an estimated $134M added.
  • The largest Delta Air Lines seller in Q2 2014 was Odey Asset Management Group, an estimated $165M sold.

Based on aggregated 13F filings for Q2 2014.