Delta Air Lines
DAL
977 hedge funds and large institutions have $15.5B invested in Delta Air Lines in 2023 Q1 according to their latest regulatory filings, with 117 funds opening new positions, 366 increasing their positions, 295 reducing their positions, and 96 closing their positions.
24% more repeat investments, than reductions
Existing positions increased: 366 | Existing positions reduced: 295
22% more first-time investments, than exits
New positions opened: 117 | Existing positions closed: 96
8% more funds holding in top 10
Funds holding in top 10: 12 → 13 (+1)
8% more capital invested
Capital invested by funds: $14.4B → $15.5B (+$1.08B)
1.4% more ownership
Funds ownership: 67.97% → 69.37% (+1.4%)
0% more funds holding
Funds holding: 973 → 977 (+4)
18% less call options, than puts
Call options by funds: $786M | Put options by funds: $955M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal London Asset Management
United Kingdom
|
+$148M |
| 2 |
Capital International Investors
Los Angeles,
California
|
+$133M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$128M |
| 4 |
Capital World Investors
Los Angeles,
California
|
+$117M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$68.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$167M |
| 2 |
Renaissance Technologies
New York
|
-$131M |
| 3 |
JP Morgan Chase
New York
|
-$117M |
| 4 |
Neuberger Berman Group
New York
|
-$91M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$59M |
DAL Hedge Fund Activity: Q1 2023 in Review
977 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Delta Air Lines (DAL) for Q1 2023, worth a combined $15.5B — up 7.5% from $14.4B a quarter earlier.
Buyers outnumbered sellers: 117 funds opened new DAL positions and 96 closed out — a net gain of 21 holders — while 366 added to existing stakes and 295 trimmed.
The largest buyer was Royal London Asset Management, adding an estimated $148M. The largest seller was Millennium Management, cutting an estimated $167M.
- 977 institutional investors held Delta Air Lines (DAL) as of Q1 2023, up from 973 in Q4 2022.
- Funds reported $15.5B of Delta Air Lines stock for Q1 2023, up 7.5% quarter-over-quarter.
- 117 funds opened new Delta Air Lines positions in Q1 2023 and 96 closed out, a net change of +21 holders.
- The largest Delta Air Lines buyer in Q1 2023 was Royal London Asset Management, an estimated $148M added.
- The largest Delta Air Lines seller in Q1 2023 was Millennium Management, an estimated $167M sold.
Based on aggregated 13F filings for Q1 2023.