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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
PAMP
1201
Polar Asset Management Partners
Ontario, Canada
-$4.94M -113,379 Closed
OCAM
1202
Owl Creek Asset Management
New York
-$4.92M -112,765 Closed
CCIA
1203
Campbell & Co Investment Adviser
Maryland
-$4.02M -92,168 Closed
QIM
1204
Quantitative Investment Management
Virginia
-$3.46M -79,485 Closed
LIP
1205
Lighthouse Investment Partners
Florida
-$3.12M -71,648 Closed
BPIM
1206
Brant Point Investment Management
New York
-$3.01M -69,149 Closed
AT
1207
AMF Tjänstepension
Sweden
-$2.86M -65,513 Closed
IGAM
1208
iA Global Asset Management
Quebec, Canada
-$2.82M -64,646 Closed
APF
1209
Alaska Permanent Fund
Alaska
-$2.56M -61,402 Closed
PI
1210
PGGM Investments
Netherlands
-$2.57M -59,044 Closed
IG
1211
ING Group
Netherlands
-$2.5M -57,430 Closed
AM
1212
AGF Management
Ontario, Canada
-$2.4M -55,062 Closed
SCM
1213
Stevens Capital Management
Pennsylvania
-$2.3M -52,851 Closed
WHG
1214
Westwood Holdings Group
Texas
-$1.89M -43,350 Closed
TC
1215
TownSquare Capital
Utah
-$1.85M -42,343 Closed
HSA
1216
Hussman Strategic Advisors
Maryland
-$1.83M -42,000 Closed
AA
1217
Altman Advisors
Illinois
-$1.63M -39,231 Closed
Hudson Bay Capital Management
1218
Hudson Bay Capital Management
Connecticut
-$1.68M -38,460 Closed
QCM
1219
Qsemble Capital Management
New York
-$1.38M -31,673 Closed
TI
1220
Trexquant Investment
Connecticut
-$1.37M -31,531 Closed
CIC
1221
Cornercap Investment Counsel
Georgia
-$1.31M -30,051 Closed
VF
1222
Virtu Financial
New York
-$1.19M -27,330 Closed
QC
1223
Quantessence Capital
New York
-$1.04M -23,950 Closed
TCM
1224
Teza Capital Management
Illinois
-$967K -22,169 Closed
NEI
1225
Northwest & Ethical Investments
Ontario, Canada
-$918K -21,049 Closed

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.