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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
SPC
51
Slate Path Capital
New York
$86.7M -$5.8M -126,400 -7%
Amundi
52
Amundi
France
$83.7M -$64.1K -1,396 -0.1%
American Century Companies
53
American Century Companies
Missouri
$81.9M +$16.7M +364,313 +28%
GLA
54
Great Lakes Advisors
Illinois
$81.7M -$6.75M -146,933 -8%
LPU
55
Lansdowne Partners (UK)
United Kingdom
$76.4M -$21.6M -471,110 -23%
AllianceBernstein
56
AllianceBernstein
Tennessee
$75.4M -$6.58M -143,323 -9%
Bank of Montreal
57
Bank of Montreal
Ontario, Canada
$75.1M -$1.32M -28,653 -2%
SCA
58
Southpoint Capital Advisors
New York
$68.9M +$13.8M +300,000 +27%
CI
59
Cambiar Investors
Colorado
$68.1M +$10.4M +226,234 +20%
Barclays
60
Barclays
United Kingdom
$66.8M -$13.3M -289,027 -18%
Legal & General Group
61
Legal & General Group
United Kingdom
$66.4M -$1.31M -28,480 -2%
Raymond James Financial
62
Raymond James Financial
Florida
$63.8M -$14.2M -310,092 -19%
Janus Henderson Group
63
Janus Henderson Group
United Kingdom
$62.6M -$407K -8,856 -0.7%
California Public Employees Retirement System
64
California Public Employees Retirement System
California
$61.2M +$3.93M +85,677 +7%
IP
65
Interval Partners
New York
$60.1M +$56.1M +1,221,151 New
Deutsche Bank
66
Deutsche Bank
Germany
$56.6M -$18.1M -394,124 -26%
RhumbLine Advisers
67
RhumbLine Advisers
Massachusetts
$55.8M -$134K -2,928 -0.3%
Susquehanna International Group
68
Susquehanna International Group
Pennsylvania
$50.7M +$13.4M +291,458 +39%
Rockefeller Capital Management
69
Rockefeller Capital Management
New York
$50.2M +$23.6M +513,848 +101%
Royal Bank of Canada
70
Royal Bank of Canada
Ontario, Canada
$49.8M -$20.8M -453,846 -31%
MCM
71
Masters Capital Management
Georgia
$49.2M -$4.21M -91,628 -8%
T. Rowe Price Associates
72
T. Rowe Price Associates
Maryland
$46.7M -$18.4M -400,703 -30%
PCM
73
Patient Capital Management
Maryland
$44.2M +$6.03M +131,432 +17%
PAM
74
Panagora Asset Management
Massachusetts
$43.8M +$1.71M +37,158 +4%
Millennium Management
75
Millennium Management
New York
$42.6M -$44.6M -971,978 -53%

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.