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Delta Air Lines

1,182 hedge funds and large institutions have $26B invested in Delta Air Lines in 2025 Q2 according to their latest regulatory filings, with 188 funds opening new positions, 444 increasing their positions, 388 reducing their positions, and 118 closing their positions.

New
Increased
Maintained
Reduced
Closed

59% more first-time investments, than exits

New positions opened: 188 | Existing positions closed: 118

30% more funds holding in top 10

Funds holding in top 10: 1013 (+3)

14% more repeat investments, than reductions

Existing positions increased: 444 | Existing positions reduced: 388

12% more capital invested

Capital invested by funds: $23.3B → $26B (+$2.69B)

5% more funds holding

Funds holding: 1,1261,182 (+56)

2% less call options, than puts

Call options by funds: $1.51B | Put options by funds: $1.55B

1.89% less ownership

Funds ownership: 82.68%80.79% (-1.9%)

Holders
1,182
Holders Change
+56
Holders Change %
+4.97%
% of All Funds
15.56%
Holding in Top 10
13
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+30%
% of All Funds
0.17%
New
188
Increased
444
Reduced
388
Closed
118
Calls
$1.51B
Puts
$1.55B
Net Calls
-$36.9M
Net Calls Change
-$579M
Name Holding Trade Value Shares
Change
Change in
Stake
Stifel Financial
126
Stifel Financial
Missouri
$18M +$4.13M +90,052 +33%
Calamos Advisors
127
Calamos Advisors
Illinois
$18M +$1.82M +39,650 +12%
Manulife (Manufacturers Life Insurance)
128
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$17.9M -$1.39M -30,259 -8%
Commonwealth Equity Services
129
Commonwealth Equity Services
Massachusetts
$17.8M -$5.09M -110,807 -23%
Chevy Chase Trust
130
Chevy Chase Trust
Maryland
$17.5M +$385K +8,379 +2%
CCPM
131
Cooper Creek Partners Management
New York
$17.2M -$11.2M -243,356 -41%
New York State Common Retirement Fund
132
New York State Common Retirement Fund
New York
$17M +$275K +6,000 +2%
CM
133
Cercano Management
Washington
$16.6M +$15.5M +338,267 New
Federated Hermes
134
Federated Hermes
Pennsylvania
$16.4M -$5.67M -123,493 -27%
RRAM
135
River Road Asset Management
Kentucky
$16M +$9.53M +207,624 +224%
GIM
136
Glenmede Investment Management
Pennsylvania
$15.5M +$14.5M +315,201 New
VRS
137
Virginia Retirement Systems
Virginia
$15.1M -$2.08M -45,400 -13%
LS
138
Livforsakringsbolaget Skandia
Sweden
$14.9M +$11.3M +245,450 +428%
VOYA Investment Management
139
VOYA Investment Management
Georgia
$14.4M -$4.22M -91,817 -24%
Walleye Capital
140
Walleye Capital
New York
$14.3M +$13.3M +290,043 New
Natixis Advisors
141
Natixis Advisors
Massachusetts
$13.5M +$5.39M +117,464 +75%
SGM
142
Skye Global Management
Florida
$13.5M +$941K +20,500 +8%
QCM
143
Quantinno Capital Management
New York
$13.3M +$5.62M +122,316 +83%
CIA
144
CCM Investment Advisers
South Carolina
$12.9M +$906K +19,727 +8%
HighTower Advisors
145
HighTower Advisors
Illinois
$12.8M +$596K +12,987 +5%
Cambridge Investment Research Advisors
146
Cambridge Investment Research Advisors
Iowa
$12.7M +$319K +6,950 +3%
QCM
147
QRG Capital Management
Illinois
$12.6M +$547K +11,919 +5%
CCM
148
Cinctive Capital Management
New York
$12.6M +$6.01M +130,930 +105%
FGP
149
Freestone Grove Partners
California
$12.2M +$11.4M +247,729 New
CGH
150
Crossmark Global Holdings
Texas
$12.1M -$412K -8,979 -4%

DAL Hedge Fund Activity: Q2 2025 in Review

1,182 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in Delta Air Lines (DAL) for Q2 2025, worth a combined $26B — up 12% from $23.3B a quarter earlier.

Buyers outnumbered sellers: 188 funds opened new DAL positions and 118 closed out — a net gain of 70 holders — while 444 added to existing stakes and 388 trimmed.

The largest buyer was Capital International Investors, adding an estimated $355M. The largest seller was Capital World Investors, cutting an estimated $423M.

  • 1,182 institutional investors held Delta Air Lines (DAL) as of Q2 2025, up from 1,126 in Q1 2025.
  • Funds reported $26B of Delta Air Lines stock for Q2 2025, up 12% quarter-over-quarter.
  • 188 funds opened new Delta Air Lines positions in Q2 2025 and 118 closed out, a net change of +70 holders.
  • The largest Delta Air Lines buyer in Q2 2025 was Capital International Investors, an estimated $355M added.
  • The largest Delta Air Lines seller in Q2 2025 was Capital World Investors, an estimated $423M sold.

Based on aggregated 13F filings for Q2 2025.