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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
TG
176
TCW Group
California
$16M +$71.8K +2,231 +0.5%
Connor, Clark & Lunn Investment Management (CC&L)
177
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$15.9M +$4.98M +154,900 +60%
TI
178
Turner Investments
Pennsylvania
$15.9M -$69.6K -2,164 -0.5%
AIA
179
Affinity Investment Advisors
California
$15.9M -$1.64M -50,923 -10%
LG
180
Leuthold Group
Minnesota
$15.7M -$357K -11,097 -2%
MLM
181
Mount Lucas Management
Pennsylvania
$15.6M +$14.5M +451,108 New
SPC
182
Silver Point Capital
Connecticut
$15.6M +$3.22M +100,000 +29%
TAM
183
Telemark Asset Management
Massachusetts
$15.6M
V
184
Veritable
Delaware
$15.2M -$615K -19,135 -4%
Ohio Public Employees Retirement System (OPERS)
185
Ohio Public Employees Retirement System (OPERS)
Ohio
$14.8M -$9.6M -298,351 -41%
PWPCM
186
Perella Weinberg Partners Capital Management
New York
$14.6M -$7.76M -241,150 -36%
WRF
187
Waddell & Reed Financial
Kansas
$14.6M +$5.47M +170,000 +68%
HC
188
Hourglass Capital
Texas
$14.2M -$4.83M -150,228 -27%
D.E. Shaw & Co
189
D.E. Shaw & Co
New York
$14.1M +$2.82M +87,774 +27%
ICM
190
ICC Capital Management
Florida
$14.1M -$8.57M -266,481 -40%
ZIM
191
Zacks Investment Management
Illinois
$14M -$2.32M -72,001 -15%
B
192
BP
United Kingdom
$13.9M
BLM
193
Bennett Lawrence Management
New York
$13.8M -$1.48M -45,865 -10%
Federated Hermes
194
Federated Hermes
Pennsylvania
$13.7M -$105K -3,274 -0.8%
USAA
195
United Services Automobile Association
Texas
$13.6M +$97.2K +3,023 +0.8%
Alyeska Investment Group
196
Alyeska Investment Group
Illinois
$13.2M +$12.3M +381,377 New
CCM
197
Contrarian Capital Management
Connecticut
$13.2M -$5.89M -183,289 -32%
AAA
198
Alpine Associates Advisors
New Jersey
$13.1M -$16.2M -502,500 -57%
Susquehanna International Group
199
Susquehanna International Group
Pennsylvania
$13.1M -$13.6M -423,115 -53%
CS
200
Cannell & Spears
New York
$13.1M +$12.2M +377,980 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.