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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
WBC
126
Westpac Banking Corp
Australia
$41.7M +$4.32M +93,184 +12%
State of Wisconsin Investment Board
127
State of Wisconsin Investment Board
Wisconsin
$41.6M -$512K -11,044 -1%
Caisse de Depot et Placement du Quebec (CDPQ)
128
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$40.6M +$23.1M +497,700 +123%
TM
129
Tiger Management
New York
$40.2M +$2.06M +44,400 +5%
Robeco Institutional Asset Management
130
Robeco Institutional Asset Management
Netherlands
$39.9M -$6.03M -129,990 -13%
Public Employees Retirement Association of Colorado
131
Public Employees Retirement Association of Colorado
Colorado
$39.6M -$128K -2,759 -0.3%
LSV Asset Management
132
LSV Asset Management
Illinois
$39.5M -$1.44M -31,000 -3%
AI
133
Axiom Investors
Connecticut
$39.4M -$35.9M -773,054 -47%
CAM
134
ClariVest Asset Management
California
$38.7M +$2.07M +44,581 +5%
Allianz Asset Management
135
Allianz Asset Management
Germany
$38.4M +$6.19M +133,538 +19%
CCM
136
Cobalt Capital Management
New Jersey
$38.4M -$11.1M -240,400 -22%
Retirement Systems of Alabama
137
Retirement Systems of Alabama
Alabama
$37.7M -$8.29M -178,841 -18%
PCM
138
Pennant Capital Management
New Jersey
$37.4M +$14.7M +316,000 +61%
DCM
139
Discovery Capital Management
Connecticut
$37.2M -$69.8M -1,506,000 -65%
SEI Investments
140
SEI Investments
Pennsylvania
$36.5M -$1.89M -40,732 -5%
CHCM
141
Columbus Hill Capital Management
New Jersey
$35.6M +$27.9M +602,230 +317%
Bank of Montreal
142
Bank of Montreal
Ontario, Canada
$34.6M -$16.9M -365,394 -32%
RIM
143
Rainier Investment Management
Washington
$33.5M -$8.92M -192,270 -20%
Ohio Public Employees Retirement System (OPERS)
144
Ohio Public Employees Retirement System (OPERS)
Ohio
$33.4M -$644K -13,888 -2%
Point72 Asset Management
145
Point72 Asset Management
Connecticut
$33M -$10.1M -218,500 -23%
BNP Paribas Financial Markets
146
BNP Paribas Financial Markets
France
$32.9M -$4.27M -92,070 -11%
M&T Bank
147
M&T Bank
New York
$31.1M +$4.43M +95,541 +16%
Barclays
148
Barclays
United Kingdom
$29.8M -$19.4M -418,400 -38%
NFA
149
Nationwide Fund Advisors
Ohio
$29.4M -$286K -6,162 -0.9%
OC
150
Oakmont Corp
California
$29.2M -$1.93M -41,690 -6%

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.