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Delta Air Lines

804 hedge funds and large institutions have $23.3B invested in Delta Air Lines in 2016 Q2 according to their latest regulatory filings, with 83 funds opening new positions, 332 increasing their positions, 322 reducing their positions, and 104 closing their positions.

New
Increased
Maintained
Reduced
Closed

56% more call options, than puts

Call options by funds: $1.07B | Put options by funds: $685M

3% more repeat investments, than reductions

Existing positions increased: 332 | Existing positions reduced: 322

3.2% less ownership

Funds ownership: 85.77%82.57% (-3.2%)

3% less funds holding

Funds holding: 832804 (-28)

20% less first-time investments, than exits

New positions opened: 83 | Existing positions closed: 104

28% less capital invested

Capital invested by funds: $32.1B → $23.3B (-$8.84B)

31% less funds holding in top 10

Funds holding in top 10: 5538 (-17)

Holders
804
Holders Change
-28
Holders Change %
-3.37%
% of All Funds
21.45%
Holding in Top 10
38
Holding in Top 10 Change
-17
Holding in Top 10 Change %
-30.91%
% of All Funds
1.01%
New
83
Increased
332
Reduced
322
Closed
104
Calls
$1.07B
Puts
$685M
Net Calls
+$386M
Net Calls Change
-$220M
Name Holding Trade Value Shares
Change
Change in
Stake
ATC
751
Adirondack Trust Company
New York
$12K
KA
752
Klingman & Associates
New York
$12K
GAM
753
Gemmer Asset Management
California
$12K +$1.91K +45 +15%
GWS
754
Glassman Wealth Services
Virginia
$12K +$14.5K +340 New
RI
755
Redwood Investments
Massachusetts
$11K -$12.7M -298,375 -100%
SFFS
756
Stonehage Fleming Financial Services
Jersey
$11K -$74.8K -1,760 -85%
CFS
757
Commonwealth Financial Services
West Virginia
$11K
MWP
758
MYCIO Wealth Partners
Pennsylvania
$11K +$43 +1 +0.3%
TCOV
759
Trust Company of Vermont
Vermont
$11K +$12.8K +300 New
HR
760
Howe & Rusling
New York
$10K +$2.72K +64 +30%
CAW
761
Cornerstone Advisors (Washington)
Washington
$9K -$595 -14 -5%
CCM
762
Cribstone Capital Management
Maine
$9K +$9.99K +235 New
AW
763
Alpha Windward
Massachusetts
$8K -$128 -3 -1%
IWMPD
764
Integrated Wealth Management (Palm Desert)
California
$8K
RCG
765
Ruggie Capital Group
Florida
$8K
SIA
766
SeaBridge Investment Advisors
New Jersey
$8K +$9.78K +230 New
MA
767
MCF Advisors
Kentucky
$7K -$16.8K -396 -67%
CPIG
768
Chicago Partners Investment Group
Illinois
$7K
DAM
769
Delta Asset Management
Tennessee
$7K +$8.5K +200 New
Loomis, Sayles & Company
770
Loomis, Sayles & Company
Massachusetts
$6K -$9.35K -220 -57%
EFSCE
771
Enterprise Financial Services Corp (EFSC)
Missouri
$6K -$3.95K -93 -36%
KKAMG
772
Kernodle & Katon Asset Management Group
Arkansas
$6K
WA
773
Winfield Associates
Ohio
$6K +$425 +10 +7%
WP
774
WealthPLAN Partners
Nebraska
$5.12K +$11.9K +280 New
APSP
775
Asset Planning Services (Pennsylvania)
Pennsylvania
$5K

DAL Hedge Fund Activity: Q2 2016 in Review

804 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Delta Air Lines (DAL) for Q2 2016, worth a combined $23.3B — down 28% from $32.1B a quarter earlier.

Sellers outnumbered buyers: 104 funds closed out of DAL and 83 opened new positions — a net loss of 21 holders — while 322 trimmed existing stakes and 332 added.

The largest buyer was Arrowstreet Capital, adding an estimated $127M. The largest seller was Appaloosa LP, exiting entirely with an estimated $418M sold.

  • 804 institutional investors held Delta Air Lines (DAL) as of Q2 2016, down from 832 in Q1 2016.
  • Funds reported $23.3B of Delta Air Lines stock for Q2 2016, down 28% quarter-over-quarter.
  • 83 funds opened new Delta Air Lines positions in Q2 2016 and 104 closed out, a net change of -21 holders.
  • The largest Delta Air Lines buyer in Q2 2016 was Arrowstreet Capital, an estimated $127M added.
  • The largest Delta Air Lines seller in Q2 2016 was Appaloosa LP, an estimated $418M sold.

Based on aggregated 13F filings for Q2 2016.