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Delta Air Lines

1,223 hedge funds and large institutions have $30.2B invested in Delta Air Lines in 2025 Q3 according to their latest regulatory filings, with 168 funds opening new positions, 463 increasing their positions, 387 reducing their positions, and 110 closing their positions.

New
Increased
Maintained
Reduced
Closed

53% more first-time investments, than exits

New positions opened: 168 | Existing positions closed: 110

20% more repeat investments, than reductions

Existing positions increased: 463 | Existing positions reduced: 387

16% more capital invested

Capital invested by funds: $26B → $30.2B (+$4.26B)

16% more call options, than puts

Call options by funds: $2.35B | Put options by funds: $2.02B

3% more funds holding

Funds holding: 1,1821,223 (+41)

0.7% more ownership

Funds ownership: 80.79%81.49% (+0.7%)

8% less funds holding in top 10

Funds holding in top 10: 1312 (-1)

Holders
1,223
Holders Change
+41
Holders Change %
+3.47%
% of All Funds
16.05%
Holding in Top 10
12
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-7.69%
% of All Funds
0.16%
New
168
Increased
463
Reduced
387
Closed
110
Calls
$2.35B
Puts
$2.02B
Net Calls
+$330M
Net Calls Change
+$367M
Name Holding Trade Value Shares
Change
Change in
Stake
Renaissance Technologies
1226
Renaissance Technologies
New York
-$25.3M -514,900 Closed
WP
1227
Woodline Partners
California
-$22.1M -450,198 Closed
Arrowstreet Capital
1228
Arrowstreet Capital
Massachusetts
-$21.5M -437,516 Closed
BCM
1229
BlueCrest Capital Management
Jersey
-$20.5M -417,798 Closed
SGM
1230
Skye Global Management
Florida
-$13.5M -274,500 Closed
FGP
1231
Freestone Grove Partners
California
-$12.2M -247,729 Closed
Twin Tree Management
1232
Twin Tree Management
Texas
-$9.08M -159,191 Closed
LFCM
1233
Long Focus Capital Management
Puerto Rico
-$5.9M -120,000 Closed
BMCM
1234
Black Maple Capital Management
Wisconsin
-$5.64M -114,580 Closed
Caisse de Depot et Placement du Quebec (CDPQ)
1235
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
-$4.37M -88,796 Closed
EP
1236
Edgestream Partners
New Jersey
-$4.27M -86,925 Closed
ACM
1237
Aquatic Capital Management
Illinois
-$4.16M -84,501 Closed
MASUI
1238
MIRAE ASSET SECURITIES (USA) INC.
New York
-$3.7M -75,196 Closed
AIP
1239
Arrowpoint Investment Partners
Singapore
-$3.61M -73,479 Closed
N
1240
Natixis
France
-$2.22M -45,143 Closed
CCS
1241
Concentric Capital Strategies
Connecticut
-$2.12M -43,200 Closed
OTL
1242
Oak Thistle LLC
New York
-$1.94M -39,362 Closed
I
1243
InceptionR
California
-$1.86M -37,919 Closed
IIM
1244
Intact Investment Management
Quebec, Canada
-$1.73M -35,200 Closed
MC
1245
Machina Capital
France
-$1.63M -33,202 Closed
HS
1246
HighVista Strategies
Massachusetts
-$1.51M -30,800 Closed
SB
1247
SIG Brokerage
New York
-$1.39M -28,331 Closed
NERM
1248
New England Research & Management
Illinois
-$1.34M -27,275 Closed
SXL
1249
Summit X LLC
Missouri
-$1.28M -26,096 Closed
Axa
1250
Axa
France
-$1.13M -22,977 Closed

DAL Hedge Fund Activity: Q3 2025 in Review

1,223 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in Delta Air Lines (DAL) for Q3 2025, worth a combined $30.2B — up 16% from $26B a quarter earlier.

Buyers outnumbered sellers: 168 funds opened new DAL positions and 110 closed out — a net gain of 58 holders — while 463 added to existing stakes and 387 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $548M. The largest seller was Pacer Advisors, cutting an estimated $225M.

  • 1,223 institutional investors held Delta Air Lines (DAL) as of Q3 2025, up from 1,182 in Q2 2025.
  • Funds reported $30.2B of Delta Air Lines stock for Q3 2025, up 16% quarter-over-quarter.
  • 168 funds opened new Delta Air Lines positions in Q3 2025 and 110 closed out, a net change of +58 holders.
  • The largest Delta Air Lines buyer in Q3 2025 was Fidelity Investments, an estimated $548M added.
  • The largest Delta Air Lines seller in Q3 2025 was Pacer Advisors, an estimated $225M sold.

Based on aggregated 13F filings for Q3 2025.