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Delta Air Lines

815 hedge funds and large institutions have $31.5B invested in Delta Air Lines in 2015 Q1 according to their latest regulatory filings, with 111 funds opening new positions, 302 increasing their positions, 312 reducing their positions, and 92 closing their positions.

New
Increased
Maintained
Reduced
Closed

30% more call options, than puts

Call options by funds: $1.06B | Put options by funds: $814M

21% more first-time investments, than exits

New positions opened: 111 | Existing positions closed: 92

1% more funds holding

Funds holding: 806815 (+9)

0.21% less ownership

Funds ownership: 85.1%84.89% (-0.21%)

3% less repeat investments, than reductions

Existing positions increased: 302 | Existing positions reduced: 312

2% less funds holding in top 10

Funds holding in top 10: 6665 (-1)

14% less capital invested

Capital invested by funds: $36.7B → $31.5B (-$5.28B)

Holders
815
Holders Change
+9
Holders Change %
+1.12%
% of All Funds
21.72%
Holding in Top 10
65
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-1.52%
% of All Funds
1.73%
New
111
Increased
302
Reduced
312
Closed
92
Calls
$1.06B
Puts
$814M
Net Calls
+$245M
Net Calls Change
-$36.5M
Name Holding Trade Value Shares
Change
Change in
Stake
PPA
101
Parametric Portfolio Associates
Washington
$59.2M +$1.44M +30,947 +2%
AC
102
Alleghany Corporation
New York
$58.4M -$4.64M -100,000 -7%
RhumbLine Advisers
103
RhumbLine Advisers
Massachusetts
$58.3M -$832K -17,935 -1%
GGHC
104
Gilder Gagnon Howe & Co
New York
$57.7M +$16.1M +346,768 +37%
PAM
105
Panagora Asset Management
Massachusetts
$56.2M +$4.37M +94,302 +8%
SO
106
STRS Ohio
Ohio
$56M -$199K -4,295 -0.3%
GAM
107
Gotham Asset Management
New York
$53.5M +$261K +5,623 +0.5%
PI
108
Putnam Investments
Massachusetts
$52M -$16.4M -353,390 -23%
Prudential Financial
109
Prudential Financial
New Jersey
$51M -$946K -20,400 -2%
State Board of Administration of Florida Retirement System
110
State Board of Administration of Florida Retirement System
Florida
$50.1M -$5.51M -118,911 -10%
Chevy Chase Trust
111
Chevy Chase Trust
Maryland
$49.1M +$10.4M +223,543 +26%
TAM
112
Tocqueville Asset Management
New York
$49.1M -$1.76M -37,945 -3%
MCM
113
Masters Capital Management
Georgia
$48.6M +$2.55M +55,075 +5%
NMVA
114
New Mountain Vantage Advisers
New York
$48.4M +$27.8M +600,052 +126%
NAM
115
NorthCoast Asset Management
Connecticut
$46.9M +$5.2M +112,023 +12%
Legal & General Group
116
Legal & General Group
United Kingdom
$45.7M -$3.71M -79,896 -7%
CC
117
Chubb Corp
New Jersey
$45M
DCCA
118
D.C. Capital Advisors
New York
$45M
State of New Jersey Common Pension Fund D
119
State of New Jersey Common Pension Fund D
New Jersey
$45M +$35.2M +760,000 +317%
Millennium Management
120
Millennium Management
New York
$44.4M +$1.62M +34,927 +4%
SG
121
Swarthmore Group
Pennsylvania
$43M -$614K -13,250 -1%
Sumitomo Mitsui Trust Group
122
Sumitomo Mitsui Trust Group
Japan
$42.9M +$2.36M +50,887 +6%
RCM
123
Redwood Capital Management
New York
$42.7M +$13.9M +300,000 +46%
ACM
124
Altimeter Capital Management
Massachusetts
$42.2M -$1.17M -25,128 -3%
JIM
125
Jupiter Investment Management
United Kingdom
$41.9M +$43.2M +932,542 New

DAL Hedge Fund Activity: Q1 2015 in Review

815 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Delta Air Lines (DAL) for Q1 2015, worth a combined $31.5B — down 14% from $36.7B a quarter earlier.

Buyers outnumbered sellers: 111 funds opened new DAL positions and 92 closed out — a net gain of 19 holders — while 302 added to existing stakes and 312 trimmed.

The largest buyer was Iridian Asset Management, adding an estimated $144M. The largest seller was Americafirst Capital Management, exiting entirely with an estimated $1.71B sold.

  • 815 institutional investors held Delta Air Lines (DAL) as of Q1 2015, up from 806 in Q4 2014.
  • Funds reported $31.5B of Delta Air Lines stock for Q1 2015, down 14% quarter-over-quarter.
  • 111 funds opened new Delta Air Lines positions in Q1 2015 and 92 closed out, a net change of +19 holders.
  • The largest Delta Air Lines buyer in Q1 2015 was Iridian Asset Management, an estimated $144M added.
  • The largest Delta Air Lines seller in Q1 2015 was Americafirst Capital Management, an estimated $1.71B sold.

Based on aggregated 13F filings for Q1 2015.