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Delta Air Lines

859 hedge funds and large institutions have $29.1B invested in Delta Air Lines in 2017 Q1 according to their latest regulatory filings, with 119 funds opening new positions, 301 increasing their positions, 330 reducing their positions, and 74 closing their positions.

New
Increased
Maintained
Reduced
Closed

61% more first-time investments, than exits

New positions opened: 119 | Existing positions closed: 74

49% more call options, than puts

Call options by funds: $864M | Put options by funds: $581M

4% more funds holding

Funds holding: 827859 (+32)

1.35% more ownership

Funds ownership: 85.2%86.55% (+1.4%)

9% less repeat investments, than reductions

Existing positions increased: 301 | Existing positions reduced: 330

7% less capital invested

Capital invested by funds: $31.5B → $29.1B (-$2.34B)

24% less funds holding in top 10

Funds holding in top 10: 4232 (-10)

Holders
859
Holders Change
+32
Holders Change %
+3.87%
% of All Funds
21.38%
Holding in Top 10
32
Holding in Top 10 Change
-10
Holding in Top 10 Change %
-23.81%
% of All Funds
0.8%
New
119
Increased
301
Reduced
330
Closed
74
Calls
$864M
Puts
$581M
Net Calls
+$283M
Net Calls Change
-$4.34M
Name Holding Trade Value Shares
Change
Change in
Stake
GC
51
GMT Capital
Georgia
$91.8M -$55.3M -1,133,400 -36%
Royal Bank of Canada
52
Royal Bank of Canada
Ontario, Canada
$91.7M +$2.26M +46,278 +2%
HP
53
Hosking Partners
United Kingdom
$85.6M +$8.25M +169,097 +10%
Invesco
54
Invesco
Georgia
$84.6M +$6.6M +135,242 +8%
HIM
55
Hermes Investment Management
United Kingdom
$82.3M +$2.19M +44,862 +3%
AIM
56
abrdn Investment Management
United Kingdom
$79.7M -$59.8M -1,225,616 -41%
MVP
57
Miller Value Partners
Florida
$79.6M -$6.09M -124,700 -7%
Los Angeles Capital Management
58
Los Angeles Capital Management
California
$79.3M +$31.3M +641,722 +59%
SAC
59
Smith Affiliated Capital
New York
$78.1M
WBC
60
Westpac Banking Corp
Australia
$77.5M +$13.3M +272,102 +19%
Thrivent Financial for Lutherans
61
Thrivent Financial for Lutherans
Minnesota
$75.9M -$21.9M -449,280 -21%
California State Teachers Retirement System (CalSTRS)
62
California State Teachers Retirement System (CalSTRS)
California
$71M -$3.51M -71,800 -4%
EAM
63
Edge Asset Management
Washington
$69.3M +$13.2M +271,120 +22%
EAM
64
Eagle Asset Management
Florida
$69.3M -$10.2M -209,501 -12%
California Public Employees Retirement System
65
California Public Employees Retirement System
California
$69.2M -$10.5M -214,400 -12%
MDSL
66
M.D. Sass LLC
New York
$69.2M +$5.8M +118,765 +9%
Massachusetts Financial Services
67
Massachusetts Financial Services
Massachusetts
$66.2M -$70.3M -1,439,989 -50%
TA
68
Teachers Advisors
New York
$66M +$2.88M +59,048 +4%
CC
69
Cannell & Co
New York
$66M -$3.15M -64,492 -4%
State of New Jersey Common Pension Fund D
70
State of New Jersey Common Pension Fund D
New Jersey
$64.3M -$10.5M -215,000 -13%
UBS AM
71
UBS AM
Illinois
$63.7M +$21.8M +446,573 +48%
CIBC World Market
72
CIBC World Market
Ontario, Canada
$62.5M +$62.9M +1,287,757 +1,807%
New York State Teachers Retirement System (NYSTRS)
73
New York State Teachers Retirement System (NYSTRS)
New York
$60.1M -$2.44M -49,974 -4%
Prudential Financial
74
Prudential Financial
New Jersey
$59.4M -$2.99M -61,182 -5%
GAM
75
Gotham Asset Management
New York
$59.3M +$7.47M +152,983 +13%

DAL Hedge Fund Activity: Q1 2017 in Review

859 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Delta Air Lines (DAL) for Q1 2017, worth a combined $29.1B — down 7.4% from $31.5B a quarter earlier.

Buyers outnumbered sellers: 119 funds opened new DAL positions and 74 closed out — a net gain of 45 holders — while 301 added to existing stakes and 330 trimmed.

The largest buyer was BlackRock, adding an estimated $2.14B. The largest seller was Sculptor Capital, cutting an estimated $283M.

  • 859 institutional investors held Delta Air Lines (DAL) as of Q1 2017, up from 827 in Q4 2016.
  • Funds reported $29.1B of Delta Air Lines stock for Q1 2017, down 7.4% quarter-over-quarter.
  • 119 funds opened new Delta Air Lines positions in Q1 2017 and 74 closed out, a net change of +45 holders.
  • The largest Delta Air Lines buyer in Q1 2017 was BlackRock, an estimated $2.14B added.
  • The largest Delta Air Lines seller in Q1 2017 was Sculptor Capital, an estimated $283M sold.

Based on aggregated 13F filings for Q1 2017.