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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
HSBC Holdings
151
HSBC Holdings
United Kingdom
$21.1M -$4.81M -149,491 -20%
GAM
152
Goldentree Asset Management
New York
$20.8M
NFA
153
Nationwide Fund Advisors
Ohio
$20.6M -$400K -12,431 -2%
CCMH
154
Cornerstone Capital Management Holdings
New York
$20.4M -$9.8M -304,592 -34%
PC
155
PointState Capital
New York
$20.3M +$2.07M +64,400 +12%
Stifel Financial
156
Stifel Financial
Missouri
$19.8M +$18.4M +571,228 New
Lord, Abbett & Co
157
Lord, Abbett & Co
New Jersey
$19.8M +$10.6M +329,330 +137%
Axa
158
Axa
France
$19.7M +$1.39M +43,224 +8%
BNP Paribas Financial Markets
159
BNP Paribas Financial Markets
France
$19.7M +$213K +6,621 +1%
ACM
160
Altimeter Capital Management
Massachusetts
$19.6M
TD Asset Management
161
TD Asset Management
Ontario, Canada
$19.4M -$61.1K -1,900 -0.3%
WBC
162
Westpac Banking Corp
Australia
$19.4M +$3.78M +117,583 +27%
RCAMU
163
Rothschild & Co Asset Management US
Connecticut
$18.9M -$11.7M -363,322 -40%
AAMU
164
Amundi Asset Management US
Massachusetts
$18.7M -$323K -10,054 -2%
DC
165
Davenport & Co
Virginia
$18.1M -$8.15M -253,444 -33%
MLICM
166
Metropolitan Life Insurance Company (MetLife)
New York
$18.1M -$382K -11,868 -2%
ERSOT
167
Employees Retirement System of Texas
Texas
$17.8M +$96.5K +3,000 +0.6%
IG
168
ING Group
Netherlands
$17.4M +$16.1M +500,800 New
Bank of Montreal
169
Bank of Montreal
Ontario, Canada
$17.3M +$11.4M +354,153 +242%
RCM
170
Redwood Capital Management
New York
$17.3M
Fidelity International
171
Fidelity International
Bermuda
$17.3M +$3.67M +114,012 +30%
Caisse de Depot et Placement du Quebec (CDPQ)
172
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$16.9M -$183K -5,700 -1%
ABC
173
Anchor Bolt Capital
Illinois
$16.8M +$2.36M +73,498 +18%
BCM
174
Bridgeway Capital Management
Texas
$16.1M
N
175
Natixis
France
$16M +$14.9M +462,250 New

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.