Delta Air Lines
794 hedge funds and large institutions have $32.7B invested in Delta Air Lines in 2015 Q3 according to their latest regulatory filings, with 101 funds opening new positions, 281 increasing their positions, 327 reducing their positions, and 84 closing their positions.
20% more first-time investments, than exits
New positions opened: 101 | Existing positions closed: 84
16% more capital invested
Capital invested by funds: $28.1B → $32.7B (+$4.62B)
7% more funds holding in top 10
Funds holding in top 10: 54 → 58 (+4)
2% more ownership
Funds ownership: 83.95% → 85.94% (+2%)
2% more funds holding
Funds holding: 781 → 794 (+13)
14% less repeat investments, than reductions
Existing positions increased: 281 | Existing positions reduced: 327
15% less call options, than puts
Call options by funds: $679M | Put options by funds: $797M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$127M |
| 2 |
PCM
PAR Capital Management
Boston,
Massachusetts
|
+$117M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$115M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
+$108M |
| 5 |
CCP
Cyrus Capital Partners
New York
|
+$96M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$190M |
| 2 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
-$115M |
| 3 |
TP
Third Point
New York
|
-$113M |
| 4 |
State Street
Boston,
Massachusetts
|
-$104M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$75.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PIA
876
Peachtree Investment Advisors
Atlanta,
Georgia
| – | -$12K | -301 | Closed |
|
|
JIC
877
Joel Isaacson & Co
New York
| – | -$8K | -195 | Closed |
|
878
Loomis, Sayles & Company
Boston,
Massachusetts
| – | -$6K | -154 | Closed |
|
|
CA
879
CapWealth Advisors
Franklin,
Tennessee
| – | -$4K | -100 | Closed |
|
|
OSAM
880
O'Shaughnessy Asset Management
Stamford,
Connecticut
| – | -$2K | -46 | Closed |
|
DAL Hedge Fund Activity: Q3 2015 in Review
794 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Delta Air Lines (DAL) for Q3 2015, worth a combined $32.7B — up 16% from $28.1B a quarter earlier.
Buyers outnumbered sellers: 101 funds opened new DAL positions and 84 closed out — a net gain of 17 holders — while 281 added to existing stakes and 327 trimmed.
The largest buyer was Bank of America, adding an estimated $127M. The largest seller was JP Morgan Chase, cutting an estimated $190M.
- 794 institutional investors held Delta Air Lines (DAL) as of Q3 2015, up from 781 in Q2 2015.
- Funds reported $32.7B of Delta Air Lines stock for Q3 2015, up 16% quarter-over-quarter.
- 101 funds opened new Delta Air Lines positions in Q3 2015 and 84 closed out, a net change of +17 holders.
- The largest Delta Air Lines buyer in Q3 2015 was Bank of America, an estimated $127M added.
- The largest Delta Air Lines seller in Q3 2015 was JP Morgan Chase, an estimated $190M sold.
Based on aggregated 13F filings for Q3 2015.