Delta Air Lines
827 hedge funds and large institutions have $31.5B invested in Delta Air Lines in 2016 Q4 according to their latest regulatory filings, with 148 funds opening new positions, 217 increasing their positions, 387 reducing their positions, and 75 closing their positions.
97% more first-time investments, than exits
New positions opened: 148 | Existing positions closed: 75
36% more call options, than puts
Call options by funds: $1.08B | Put options by funds: $794M
31% more capital invested
Capital invested by funds: $24.1B → $31.5B (+$7.37B)
14% more funds holding in top 10
Funds holding in top 10: 37 → 42 (+5)
8% more funds holding
Funds holding: 769 → 827 (+58)
2.57% more ownership
Funds ownership: 82.62% → 85.2% (+2.6%)
44% less repeat investments, than reductions
Existing positions increased: 217 | Existing positions reduced: 387
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Berkshire Hathaway
Omaha,
Nebraska
|
+$2.45B |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$203M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
+$139M |
| 4 |
CG
Carmignac Gestion
Paris,
France
|
+$137M |
| 5 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
+$127M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IAM
Iridian Asset Management
Westport,
Connecticut
|
-$416M |
| 2 |
JP Morgan Chase
New York
|
-$333M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$216M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$187M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$149M |
DAL Hedge Fund Activity: Q4 2016 in Review
827 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Delta Air Lines (DAL) for Q4 2016, worth a combined $31.5B — up 31% from $24.1B a quarter earlier.
Buyers outnumbered sellers: 148 funds opened new DAL positions and 75 closed out — a net gain of 73 holders — while 217 added to existing stakes and 387 trimmed.
The largest buyer was Berkshire Hathaway, adding an estimated $2.45B. The largest seller was Iridian Asset Management, cutting an estimated $416M.
- 827 institutional investors held Delta Air Lines (DAL) as of Q4 2016, up from 769 in Q3 2016.
- Funds reported $31.5B of Delta Air Lines stock for Q4 2016, up 31% quarter-over-quarter.
- 148 funds opened new Delta Air Lines positions in Q4 2016 and 75 closed out, a net change of +73 holders.
- The largest Delta Air Lines buyer in Q4 2016 was Berkshire Hathaway, an estimated $2.45B added.
- The largest Delta Air Lines seller in Q4 2016 was Iridian Asset Management, an estimated $416M sold.
Based on aggregated 13F filings for Q4 2016.