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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
Barclays
101
Barclays
United Kingdom
$44.8M -$28.8M -896,575 -41%
GE
102
General Electric
Ohio
$44.6M +$2.41M +74,790 +6%
CCP
103
Clough Capital Partners
Massachusetts
$43.3M +$408K +12,700 +1%
AL
104
AJO LP
Pennsylvania
$42.8M -$87.2M -2,710,920 -69%
PAM
105
Panagora Asset Management
Massachusetts
$41.6M +$24.3M +756,319 +170%
RhumbLine Advisers
106
RhumbLine Advisers
Massachusetts
$41.6M -$600K -18,666 -2%
Millennium Management
107
Millennium Management
New York
$40.8M -$22.7M -704,552 -37%
SG Americas Securities
108
SG Americas Securities
New York
$40.7M +$24.5M +763,147 +185%
Principal Financial Group
109
Principal Financial Group
Iowa
$40.6M +$356K +11,070 +1%
Sumitomo Mitsui Trust Group
110
Sumitomo Mitsui Trust Group
Japan
$39.8M -$812K -25,236 -2%
MCM
111
Masters Capital Management
Georgia
$39.2M +$2.79M +86,598 +8%
CF
112
Cypress Funds
California
$39M
CS
113
Credit Suisse
Switzerland
$38M -$29.5M -917,629 -46%
Legal & General Group
114
Legal & General Group
United Kingdom
$37.9M +$808K +25,128 +2%
EAM
115
Eagle Asset Management
Florida
$37.8M +$1.11M +34,400 +3%
CEP
116
Chicago Equity Partners
Illinois
$37.4M -$12.8M -398,365 -27%
SG
117
Swarthmore Group
Pennsylvania
$36.1M -$3.76M -116,850 -10%
CAM
118
ClariVest Asset Management
California
$35.8M +$401K +12,467 +1%
LBG
119
Lloyds Banking Group
United Kingdom
$35M +$1.75M +54,517 +6%
DCCA
120
D.C. Capital Advisors
New York
$34.6M
CC
121
Chubb Corp
New Jersey
$34.6M -$6.43M -200,000 -17%
CGM
122
Capital Growth Management
Massachusetts
$34.3M
SFM
123
Systematic Financial Management
New Jersey
$34.1M -$100M -3,116,645 -76%
Teacher Retirement System of Texas
124
Teacher Retirement System of Texas
Texas
$33.5M -$2.76M -85,768 -8%
SO
125
STRS Ohio
Ohio
$33.3M +$14.1M +439,300 +84%

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.