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Delta Air Lines

1,135 hedge funds and large institutions have $32.2B invested in Delta Air Lines in 2019 Q4 according to their latest regulatory filings, with 190 funds opening new positions, 403 increasing their positions, 399 reducing their positions, and 99 closing their positions.

New
Increased
Maintained
Reduced
Closed

92% more first-time investments, than exits

New positions opened: 190 | Existing positions closed: 99

7% more funds holding in top 10

Funds holding in top 10: 4245 (+3)

7% more funds holding

Funds holding: 1,0651,135 (+70)

1% more repeat investments, than reductions

Existing positions increased: 403 | Existing positions reduced: 399

1% less capital invested

Capital invested by funds: $32.6B → $32.2B (-$434M)

2.04% less ownership

Funds ownership: 87.27%85.23% (-2%)

14% less call options, than puts

Call options by funds: $985M | Put options by funds: $1.15B

Holders
1,135
Holders Change
+70
Holders Change %
+6.57%
% of All Funds
22.36%
Holding in Top 10
45
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+7.14%
% of All Funds
0.89%
New
190
Increased
403
Reduced
399
Closed
99
Calls
$985M
Puts
$1.15B
Net Calls
-$162M
Net Calls Change
+$6.41M
Name Holding Trade Value Shares
Change
Change in
Stake
WHRC
101
W.H. Reaves & Co
New Jersey
$50.7M +$1.15M +20,455 +2%
ClearBridge Investments
102
ClearBridge Investments
New York
$50.3M +$292K +5,200 +0.6%
Public Employees Retirement Association of Colorado
103
Public Employees Retirement Association of Colorado
Colorado
$49M -$279K -4,981 -0.6%
BGIM
104
Brandywine Global Investment Management
Pennsylvania
$47.4M +$496K +8,835 +1%
BNP Paribas Asset Management
105
BNP Paribas Asset Management
France
$46.8M +$10.9M +194,960 +32%
Susquehanna International Group
106
Susquehanna International Group
Pennsylvania
$46.1M +$24.6M +438,360 +125%
State Board of Administration of Florida Retirement System
107
State Board of Administration of Florida Retirement System
Florida
$45.3M -$844K -15,045 -2%
CI
108
Cambiar Investors
Colorado
$44.8M +$12.1M +215,787 +39%
Adage Capital Partners
109
Adage Capital Partners
Massachusetts
$41.4M -$662K -11,800 -2%
TRSOTSOK
110
Teachers Retirement System of the State of Kentucky
Kentucky
$41.2M -$2.51M -44,723 -6%
C
111
Consulta
United Kingdom
$40.9M +$32.3M +575,000 +460%
Sumitomo Mitsui Trust Group
112
Sumitomo Mitsui Trust Group
Japan
$40.3M +$40.8K +728 +0.1%
State of Tennessee, Department of Treasury
113
State of Tennessee, Department of Treasury
Tennessee
$39.7M -$40.6M -724,404 -52%
BCM
114
Bridgeway Capital Management
Texas
$38.7M +$56.1K +1,000 +0.2%
HSBC Holdings
115
HSBC Holdings
United Kingdom
$38.6M -$2.22M -39,572 -6%
WCM
116
Woodson Capital Management
Connecticut
$38.6M +$17.9M +320,000 +94%
Citigroup
117
Citigroup
New York
$37.5M +$20.8M +370,313 +136%
Bank of Montreal
118
Bank of Montreal
Ontario, Canada
$37.2M -$19.4M -346,511 -35%
MSL
119
Mackay Shields LLC
New York
$36.2M +$3.87M +68,950 +13%
Retirement Systems of Alabama
120
Retirement Systems of Alabama
Alabama
$35.5M +$984K +17,548 +3%
SIC
121
Schwartz Investment Counsel
Michigan
$34.3M +$841K +15,000 +3%
RHBC
122
R.H. Bluestein & Co
Michigan
$34M +$1.48M +26,341 +5%
AIMCA
123
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$33.8M -$10.4M -185,700 -24%
Lazard Asset Management
124
Lazard Asset Management
New York
$33.6M +$8.44M +150,440 +36%
CAPTRUST Financial Advisors
125
CAPTRUST Financial Advisors
North Carolina
$33M +$30.9M +550,925 +7,437%

DAL Hedge Fund Activity: Q4 2019 in Review

1,135 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Delta Air Lines (DAL) for Q4 2019, worth a combined $32.2B — down 1.3% from $32.6B a quarter earlier.

Buyers outnumbered sellers: 190 funds opened new DAL positions and 99 closed out — a net gain of 91 holders — while 403 added to existing stakes and 399 trimmed.

The largest buyer was Wellington Management Group, adding an estimated $128M. The largest seller was T. Rowe Price Associates, cutting an estimated $321M.

  • 1,135 institutional investors held Delta Air Lines (DAL) as of Q4 2019, up from 1,065 in Q3 2019.
  • Funds reported $32.2B of Delta Air Lines stock for Q4 2019, down 1.3% quarter-over-quarter.
  • 190 funds opened new Delta Air Lines positions in Q4 2019 and 99 closed out, a net change of +91 holders.
  • The largest Delta Air Lines buyer in Q4 2019 was Wellington Management Group, an estimated $128M added.
  • The largest Delta Air Lines seller in Q4 2019 was T. Rowe Price Associates, an estimated $321M sold.

Based on aggregated 13F filings for Q4 2019.