Delta Air Lines
713 hedge funds and large institutions have $25.7B invested in Delta Air Lines in 2014 Q3 according to their latest regulatory filings, with 97 funds opening new positions, 275 increasing their positions, 277 reducing their positions, and 58 closing their positions.
67% more first-time investments, than exits
New positions opened: 97 | Existing positions closed: 58
5% more funds holding
Funds holding: 682 → 713 (+31)
0.27% less ownership
Funds ownership: 84.64% → 84.36% (-0.27%)
1% less repeat investments, than reductions
Existing positions increased: 275 | Existing positions reduced: 277
7% less capital invested
Capital invested by funds: $27.8B → $25.7B (-$2.08B)
17% less funds holding in top 10
Funds holding in top 10: 58 → 48 (-10)
21% less call options, than puts
Call options by funds: $537M | Put options by funds: $682M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$115M |
| 2 |
JP Morgan Chase
New York
|
+$92.3M |
| 3 |
PCM
PAR Capital Management
Boston,
Massachusetts
|
+$87M |
| 4 |
Boston Partners
Boston,
Massachusetts
|
+$85.1M |
| 5 |
AIM
abrdn Investment Management
Edinburgh,
United Kingdom
|
+$82.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$197M |
| 2 |
Capital World Investors
Los Angeles,
California
|
-$145M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$116M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$115M |
| 5 |
IAM
Impala Asset Management
Palm Beach,
Florida
|
-$97.6M |
DAL Hedge Fund Activity: Q3 2014 in Review
713 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in Delta Air Lines (DAL) for Q3 2014, worth a combined $25.7B — down 7.5% from $27.8B a quarter earlier.
Buyers outnumbered sellers: 97 funds opened new DAL positions and 58 closed out — a net gain of 39 holders — while 275 added to existing stakes and 277 trimmed.
The largest buyer was AJO LP, adding an estimated $115M. The largest seller was T. Rowe Price Associates, cutting an estimated $197M.
- 713 institutional investors held Delta Air Lines (DAL) as of Q3 2014, up from 682 in Q2 2014.
- Funds reported $25.7B of Delta Air Lines stock for Q3 2014, down 7.5% quarter-over-quarter.
- 97 funds opened new Delta Air Lines positions in Q3 2014 and 58 closed out, a net change of +39 holders.
- The largest Delta Air Lines buyer in Q3 2014 was AJO LP, an estimated $115M added.
- The largest Delta Air Lines seller in Q3 2014 was T. Rowe Price Associates, an estimated $197M sold.
Based on aggregated 13F filings for Q3 2014.