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Delta Air Lines

1,330 hedge funds and large institutions have $38.6B invested in Delta Air Lines in 2026 Q1 according to their latest regulatory filings, with 172 funds opening new positions, 567 increasing their positions, 384 reducing their positions, and 142 closing their positions.

New
Increased
Maintained
Reduced
Closed

48% more repeat investments, than reductions

Existing positions increased: 567 | Existing positions reduced: 384

42% more call options, than puts

Call options by funds: $2.55B | Put options by funds: $1.8B

21% more first-time investments, than exits

New positions opened: 172 | Existing positions closed: 142

3.62% more ownership

Funds ownership: 85.26%88.88% (+3.6%)

0% more funds holding

Funds holding: 1,3261,330 (+4)

0% more funds holding in top 10

Funds holding in top 10: 1515 (0)

0% less capital invested

Capital invested by funds: $38.6B → $38.6B (-$2.66M)

Holders
1,330
Holders Change
+4
Holders Change %
+0.3%
% of All Funds
16.36%
Holding in Top 10
15
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.18%
New
172
Increased
567
Reduced
384
Closed
142
Calls
$2.55B
Puts
$1.8B
Net Calls
+$757M
Net Calls Change
+$794M
Name Holding Trade Value Shares
Change
Change in
Stake
MCM
76
Masters Capital Management
Georgia
$66.5M
Susquehanna International Group
77
Susquehanna International Group
Pennsylvania
$63.9M -$17.1M -253,389 -21%
Mitsubishi UFJ Asset Management
78
Mitsubishi UFJ Asset Management
Japan
$63.2M +$5.04M +74,897 +9%
First Trust Advisors
79
First Trust Advisors
Illinois
$62.7M +$31M +460,465 +95%
ASC
80
Atalanta Sosnoff Capital
New York
$62.4M +$63.2M +938,791 New
T. Rowe Price Associates
81
T. Rowe Price Associates
Maryland
$62M -$1.19M -17,684 -2%
Janus Henderson Group
82
Janus Henderson Group
United Kingdom
$60.1M -$12.5M -185,935 -17%
CI
83
Cambiar Investors
Colorado
$59.4M +$7.44M +110,562 +14%
GAM
84
Gotham Asset Management
New York
$59.4M -$5.31M -78,933 -8%
IP
85
Interval Partners
New York
$56.9M +$44.6M +661,761 +341%
Adage Capital Partners
86
Adage Capital Partners
Massachusetts
$52M +$13.2M +196,300 +34%
SIM
87
SRS Investment Management
New York
$51.9M +$2.97M +44,155 +6%
PCH
88
Polar Capital Holdings
United Kingdom
$50.7M +$23.6M +350,791 +85%
Principal Financial Group
89
Principal Financial Group
Iowa
$49.7M +$1.86M +27,577 +4%
IC
90
IEQ Capital
California
$48.3M +$5.65M +83,918 +13%
Rockefeller Capital Management
91
Rockefeller Capital Management
New York
$42.2M +$6.84M +101,515 +19%
New York State Teachers Retirement System (NYSTRS)
92
New York State Teachers Retirement System (NYSTRS)
New York
$41.4M +$14.9K +221 +0%
LPL Financial
93
LPL Financial
California
$41.2M +$1.16M +17,182 +3%
DDPIC
94
Deroy & Devereaux Private Investment Counsel
Michigan
$40.2M +$5.23M +77,606 +15%
SPS
95
Susquehanna Portfolio Strategies
Pennsylvania
$39.2M
NAMI
96
Nomura Asset Management International
Pennsylvania
$38.9M -$7.64M -113,504 -16%
Retirement Systems of Alabama
97
Retirement Systems of Alabama
Alabama
$38.5M -$3.03K -45 -0%
Marshall Wace
98
Marshall Wace
United Kingdom
$37.9M +$33.9M +503,050 +744%
RCMU
99
Rokos Capital Management (UK)
United Kingdom
$37.6M +$38M +564,962 New
CII
100
Capital International Inc
California
$37.2M +$2.29M +33,997 +6%

DAL Hedge Fund Activity: Q1 2026 in Review

1,330 of the 8,130 institutional investors tracked by Wall St. Rank reported a position in Delta Air Lines (DAL) for Q1 2026, worth a combined $38.6B — down 0.01% from $38.6B a quarter earlier.

Buyers outnumbered sellers: 172 funds opened new DAL positions and 142 closed out — a net gain of 30 holders — while 567 added to existing stakes and 384 trimmed.

The largest buyer was Berkshire Hathaway, opening a new position worth an estimated $2.68B. The largest seller was Wellington Management Group, cutting an estimated $648M.

  • 1,330 institutional investors held Delta Air Lines (DAL) as of Q1 2026, up from 1,326 in Q4 2025.
  • Funds reported $38.6B of Delta Air Lines stock for Q1 2026, down 0.01% quarter-over-quarter.
  • 172 funds opened new Delta Air Lines positions in Q1 2026 and 142 closed out, a net change of +30 holders.
  • The largest Delta Air Lines buyer in Q1 2026 was Berkshire Hathaway, an estimated $2.68B added.
  • The largest Delta Air Lines seller in Q1 2026 was Wellington Management Group, an estimated $648M sold.

Based on aggregated 13F filings for Q1 2026.