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Delta Air Lines

638 hedge funds and large institutions have $25.5B invested in Delta Air Lines in 2014 Q1 according to their latest regulatory filings, with 112 funds opening new positions, 231 increasing their positions, 236 reducing their positions, and 61 closing their positions.

New
Increased
Maintained
Reduced
Closed

84% more first-time investments, than exits

New positions opened: 112 | Existing positions closed: 61

77% more call options, than puts

Call options by funds: $555M | Put options by funds: $313M

27% more funds holding in top 10

Funds holding in top 10: 4456 (+12)

26% more capital invested

Capital invested by funds: $20.3B → $25.5B (+$5.19B)

8% more funds holding

Funds holding: 593638 (+45)

0.74% less ownership

Funds ownership: 86.57%85.83% (-0.74%)

2% less repeat investments, than reductions

Existing positions increased: 231 | Existing positions reduced: 236

Holders
638
Holders Change
+45
Holders Change %
+7.59%
% of All Funds
18.43%
Holding in Top 10
56
Holding in Top 10 Change
+12
Holding in Top 10 Change %
+27.27%
% of All Funds
1.62%
New
112
Increased
231
Reduced
236
Closed
61
Calls
$555M
Puts
$313M
Net Calls
+$242M
Net Calls Change
+$88.2M
Name Holding Trade Value Shares
Change
Change in
Stake
SAC
76
Smith Affiliated Capital
New York
$58.9M
BGIM
77
Brandywine Global Investment Management
Pennsylvania
$58.5M +$4.1M +127,538 +8%
SB
78
Suntrust Banks
Georgia
$56.9M +$46.5M +1,444,652 +736%
N
79
Nuveen
North Carolina
$55.1M -$1.61M -50,088 -3%
Jennison Associates
80
Jennison Associates
New York
$55M +$31.8M +988,874 +165%
New York State Teachers Retirement System (NYSTRS)
81
New York State Teachers Retirement System (NYSTRS)
New York
$54.3M -$1.54M -47,973 -3%
California State Teachers Retirement System (CalSTRS)
82
California State Teachers Retirement System (CalSTRS)
California
$54M -$315K -9,800 -0.6%
American Century Companies
83
American Century Companies
Missouri
$53.4M +$717K +22,287 +1%
Two Sigma Investments
84
Two Sigma Investments
New York
$53.3M -$71.1M -2,211,577 -59%
SFM
85
Soros Fund Management
New York
$52.6M -$2.31M -71,921 -5%
CCM
86
Cobalt Capital Management
New Jersey
$51.6M -$4.82M -150,000 -9%
U
87
UBS
Switzerland
$49.8M +$1.56M +48,483 +3%
FPP
88
Findlay Park Partners
United Kingdom
$49.3M +$45.7M +1,421,500 New
OC
89
Oakmont Corp
California
$49.2M -$1.96M -61,040 -4%
PPA
90
Parametric Portfolio Associates
Washington
$48.9M +$1.62M +50,462 +4%
TAM
91
Tocqueville Asset Management
New York
$48.1M +$980K +30,479 +2%
BNP Paribas Asset Management
92
BNP Paribas Asset Management
France
$48M -$2.62M -81,517 -6%
MP
93
MSD Partners
New York
$47.5M +$5.3M +164,843 +14%
Prudential Financial
94
Prudential Financial
New Jersey
$47M +$6.07M +188,800 +16%
Dimensional Fund Advisors
95
Dimensional Fund Advisors
Texas
$46.6M +$1.65M +51,232 +4%
NAM
96
NorthCoast Asset Management
Connecticut
$46.3M +$16.8M +521,300 +64%
UBS AM
97
UBS AM
Illinois
$46.2M +$7.43M +231,022 +21%
BIC
98
Beach Investment Counsel
Pennsylvania
$46M -$8.6M -267,539 -17%
State Board of Administration of Florida Retirement System
99
State Board of Administration of Florida Retirement System
Florida
$45.6M -$4.11M -127,934 -9%
ASC
100
Atalanta Sosnoff Capital
New York
$45.5M +$42.2M +1,312,831 New

DAL Hedge Fund Activity: Q1 2014 in Review

638 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Delta Air Lines (DAL) for Q1 2014, worth a combined $25.5B — up 26% from $20.3B a quarter earlier.

Buyers outnumbered sellers: 112 funds opened new DAL positions and 61 closed out — a net gain of 51 holders — while 231 added to existing stakes and 236 trimmed.

The largest buyer was JP Morgan Chase, adding an estimated $228M. The largest seller was Vanguard Group, cutting an estimated $299M.

  • 638 institutional investors held Delta Air Lines (DAL) as of Q1 2014, up from 593 in Q4 2013.
  • Funds reported $25.5B of Delta Air Lines stock for Q1 2014, up 26% quarter-over-quarter.
  • 112 funds opened new Delta Air Lines positions in Q1 2014 and 61 closed out, a net change of +51 holders.
  • The largest Delta Air Lines buyer in Q1 2014 was JP Morgan Chase, an estimated $228M added.
  • The largest Delta Air Lines seller in Q1 2014 was Vanguard Group, an estimated $299M sold.

Based on aggregated 13F filings for Q1 2014.