Delta Air Lines
DAL
1,026 hedge funds and large institutions have $16.7B invested in Delta Air Lines in 2023 Q3 according to their latest regulatory filings, with 96 funds opening new positions, 368 increasing their positions, 367 reducing their positions, and 134 closing their positions.
28% more call options, than puts
Call options by funds: $1.23B | Put options by funds: $965M
0% more repeat investments, than reductions
Existing positions increased: 368 | Existing positions reduced: 367
1.38% less ownership
Funds ownership: 71.6% → 70.22% (-1.4%)
5% less funds holding
Funds holding: 1,076 → 1,026 (-50)
23% less capital invested
Capital invested by funds: $21.8B → $16.7B (-$5.13B)
28% less first-time investments, than exits
New positions opened: 96 | Existing positions closed: 134
38% less funds holding in top 10
Funds holding in top 10: 21 → 13 (-8)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$208M |
| 2 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$158M |
| 3 |
Marshall Wace
London,
United Kingdom
|
+$68.2M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$65.2M |
| 5 |
TC
TwinBeech Capital
Purchase,
New York
|
+$64.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
-$506M |
| 2 |
BNP Paribas Financial Markets
Paris,
France
|
-$228M |
| 3 |
DZ Bank
Frankfurt Am Main,
Germany
|
-$173M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$171M |
| 5 |
BlackRock
New York
|
-$92.5M |
DAL Hedge Fund Activity: Q3 2023 in Review
1,026 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Delta Air Lines (DAL) for Q3 2023, worth a combined $16.7B — down 23% from $21.8B a quarter earlier.
Sellers outnumbered buyers: 134 funds closed out of DAL and 96 opened new positions — a net loss of 38 holders — while 367 trimmed existing stakes and 368 added.
The largest buyer was Renaissance Technologies, adding an estimated $208M. The largest seller was Capital World Investors, cutting an estimated $506M.
- 1,026 institutional investors held Delta Air Lines (DAL) as of Q3 2023, down from 1,076 in Q2 2023.
- Funds reported $16.7B of Delta Air Lines stock for Q3 2023, down 23% quarter-over-quarter.
- 96 funds opened new Delta Air Lines positions in Q3 2023 and 134 closed out, a net change of -38 holders.
- The largest Delta Air Lines buyer in Q3 2023 was Renaissance Technologies, an estimated $208M added.
- The largest Delta Air Lines seller in Q3 2023 was Capital World Investors, an estimated $506M sold.
Based on aggregated 13F filings for Q3 2023.