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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
MCM
126
Moore Capital Management
New York
$33.2M -$5.89M -183,286 -16%
Public Employees Retirement Association of Colorado
127
Public Employees Retirement Association of Colorado
Colorado
$31.3M +$26M +808,090 +848%
Retirement Systems of Alabama
128
Retirement Systems of Alabama
Alabama
$30.4M -$76.9K -2,392 -0.3%
TCA
129
Taconic Capital Advisors
New York
$29.5M +$7.24M +225,000 +36%
CC
130
Colrain Capital
Massachusetts
$29.2M -$8.34M -259,412 -24%
STC
131
SEI Trust Company
Pennsylvania
$27.5M +$4.94M +153,587 +24%
KCM
132
Kingdon Capital Management
New York
$26.7M -$16M -497,700 -39%
LCS
133
Levin Capital Strategies
New York
$26.6M -$6.94M -215,690 -22%
MC
134
Muhlenkamp & Co
Pennsylvania
$26.1M -$61.8K -1,920 -0.3%
First Trust Advisors
135
First Trust Advisors
Illinois
$26M -$12.9M -402,348 -35%
DGHMC
136
Dalton, Greiner, Hartman, Maher & Co
New York
$25.9M +$24.1M +748,529 New
TM
137
Tiger Management
New York
$25.8M -$2.94M -91,400 -11%
Chevy Chase Trust
138
Chevy Chase Trust
Maryland
$25.3M -$743K -23,106 -3%
State of Wisconsin Investment Board
139
State of Wisconsin Investment Board
Wisconsin
$25.1M +$25.7K +800 +0.1%
DCM
140
Dupont Capital Management
Delaware
$24.7M -$9.73M -302,433 -30%
MCM
141
Marsico Capital Management
Colorado
$24.7M +$22.9M +711,633 New
WJA
142
Williams Jones & Associates
New York
$24.3M +$18.8M +584,894 +504%
NI
143
Numeric Investors
Massachusetts
$23.3M +$6.73M +209,200 +45%
FIG
144
Fortress Investment Group
New York
$23.1M +$17.5M +544,948 +449%
Massachusetts Financial Services
145
Massachusetts Financial Services
Massachusetts
$22.8M +$6.22M +193,520 +42%
FQ
146
First Quadrant
California
$22.3M -$45.4K -1,412 -0.2%
DIA
147
Dana Investment Advisors
Wisconsin
$22.2M -$3.3M -102,722 -14%
EA
148
Euclid Advisors
Connecticut
$22.1M +$6.06M +188,360 +42%
RHBC
149
R.H. Bluestein & Co
Michigan
$21.4M +$958K +29,790 +5%
TSAM
150
Trinity Street Asset Management
United Kingdom
$21.3M -$6.72M -208,880 -25%

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.