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Delta Air Lines

1,182 hedge funds and large institutions have $26B invested in Delta Air Lines in 2025 Q2 according to their latest regulatory filings, with 188 funds opening new positions, 444 increasing their positions, 388 reducing their positions, and 118 closing their positions.

New
Increased
Maintained
Reduced
Closed

59% more first-time investments, than exits

New positions opened: 188 | Existing positions closed: 118

30% more funds holding in top 10

Funds holding in top 10: 1013 (+3)

14% more repeat investments, than reductions

Existing positions increased: 444 | Existing positions reduced: 388

12% more capital invested

Capital invested by funds: $23.3B → $26B (+$2.69B)

5% more funds holding

Funds holding: 1,1261,182 (+56)

2% less call options, than puts

Call options by funds: $1.51B | Put options by funds: $1.55B

1.89% less ownership

Funds ownership: 82.68%80.79% (-1.9%)

Holders
1,182
Holders Change
+56
Holders Change %
+4.97%
% of All Funds
15.56%
Holding in Top 10
13
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+30%
% of All Funds
0.17%
New
188
Increased
444
Reduced
388
Closed
118
Calls
$1.51B
Puts
$1.55B
Net Calls
-$36.9M
Net Calls Change
-$579M
Name Holding Trade Value Shares
Change
Change in
Stake
Mitsubishi UFJ Asset Management
76
Mitsubishi UFJ Asset Management
Japan
$40.6M +$3.08M +67,002 +9%
SEI Investments
77
SEI Investments
Pennsylvania
$39.9M -$991K -21,580 -3%
Macquarie Group
78
Macquarie Group
Australia
$39.2M -$546K -11,893 -1%
DFO
79
Duquesne Family Office
New York
$39M +$20.6M +448,375 +130%
JLBC
80
J.L. Bainbridge & Co
Florida
$37.8M -$468K -10,198 -1%
Franklin Resources
81
Franklin Resources
California
$37.5M +$554K +12,057 +2%
Principal Financial Group
82
Principal Financial Group
Iowa
$35.3M -$535K -11,643 -2%
Man Group
83
Man Group
United Kingdom
$34.3M -$20M -435,873 -38%
Verition Fund Management
84
Verition Fund Management
Connecticut
$33.3M +$17.5M +380,049 +128%
Citigroup
85
Citigroup
New York
$31.8M -$30.2M -658,222 -50%
Adage Capital Partners
86
Adage Capital Partners
Massachusetts
$30.9M -$808K -17,600 -3%
LPL Financial
87
LPL Financial
California
$30.7M +$3.5M +76,190 +14%
New York State Teachers Retirement System (NYSTRS)
88
New York State Teachers Retirement System (NYSTRS)
New York
$30.2M +$1.17M +25,389 +4%
Wells Fargo
89
Wells Fargo
California
$29.4M -$3.95M -85,968 -13%
SPS
90
Susquehanna Portfolio Strategies
Pennsylvania
$29M +$27.1M +589,953 New
State Board of Administration of Florida Retirement System
91
State Board of Administration of Florida Retirement System
Florida
$28.7M +$363K +7,900 +1%
Retirement Systems of Alabama
92
Retirement Systems of Alabama
Alabama
$28.6M -$257K -5,595 -1%
GIM
93
Generate Investment Management
New Zealand
$27.6M +$14.2M +309,056 +123%
Norges Bank
94
Norges Bank
Norway
$27.4M -$38.5M -838,909 -60%
AL
95
Appaloosa LP
New Jersey
$27M +$25.3M +550,000 New
CVA
96
Ceredex Value Advisors
Florida
$27M -$4.21M -91,619 -14%
DDPIC
97
Deroy & Devereaux Private Investment Counsel
Michigan
$26.7M -$37.8K -823 -0.2%
HP
98
Hosking Partners
United Kingdom
$25.8M +$7.78M +169,370 +48%
Renaissance Technologies
99
Renaissance Technologies
New York
$25.3M -$28.9M -629,800 -55%
CSS
100
Cubist Systematic Strategies
Connecticut
$24.7M +$23.1M +502,723 New

DAL Hedge Fund Activity: Q2 2025 in Review

1,182 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in Delta Air Lines (DAL) for Q2 2025, worth a combined $26B — up 12% from $23.3B a quarter earlier.

Buyers outnumbered sellers: 188 funds opened new DAL positions and 118 closed out — a net gain of 70 holders — while 444 added to existing stakes and 388 trimmed.

The largest buyer was Capital International Investors, adding an estimated $355M. The largest seller was Capital World Investors, cutting an estimated $423M.

  • 1,182 institutional investors held Delta Air Lines (DAL) as of Q2 2025, up from 1,126 in Q1 2025.
  • Funds reported $26B of Delta Air Lines stock for Q2 2025, up 12% quarter-over-quarter.
  • 188 funds opened new Delta Air Lines positions in Q2 2025 and 118 closed out, a net change of +70 holders.
  • The largest Delta Air Lines buyer in Q2 2025 was Capital International Investors, an estimated $355M added.
  • The largest Delta Air Lines seller in Q2 2025 was Capital World Investors, an estimated $423M sold.

Based on aggregated 13F filings for Q2 2025.