Delta Air Lines
771 hedge funds and large institutions have $24.4B invested in Delta Air Lines in 2016 Q3 according to their latest regulatory filings, with 69 funds opening new positions, 260 increasing their positions, 349 reducing their positions, and 97 closing their positions.
57% more call options, than puts
Call options by funds: $984M | Put options by funds: $626M
5% more capital invested
Capital invested by funds: $23.2B → $24.4B (+$1.16B)
0.13% more ownership
Funds ownership: 82.49% → 82.62% (+0.13%)
3% less funds holding in top 10
Funds holding in top 10: 38 → 37 (-1)
4% less funds holding
Funds holding: 806 → 771 (-35)
26% less repeat investments, than reductions
Existing positions increased: 260 | Existing positions reduced: 349
29% less first-time investments, than exits
New positions opened: 69 | Existing positions closed: 97
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Berkshire Hathaway
Omaha,
Nebraska
|
+$240M |
| 2 |
State Street
Boston,
Massachusetts
|
+$173M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$168M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$65.8M |
| 5 |
Goldman Sachs
New York
|
+$64.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$115M |
| 2 |
TCIM
TIAA CREF Investment Management
New York
|
-$99.5M |
| 3 |
ABC
Anchor Bolt Capital
Chicago,
Illinois
|
-$97.4M |
| 4 |
GE
General Electric
Evendale,
Ohio
|
-$93.5M |
| 5 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$90.8M |
DAL Hedge Fund Activity: Q3 2016 in Review
771 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Delta Air Lines (DAL) for Q3 2016, worth a combined $24.4B — up 5% from $23.2B a quarter earlier.
Sellers outnumbered buyers: 97 funds closed out of DAL and 69 opened new positions — a net loss of 28 holders — while 349 trimmed existing stakes and 260 added.
The largest buyer was Berkshire Hathaway, opening a new position worth an estimated $240M. The largest seller was Ameriprise, cutting an estimated $115M.
- 771 institutional investors held Delta Air Lines (DAL) as of Q3 2016, down from 806 in Q2 2016.
- Funds reported $24.4B of Delta Air Lines stock for Q3 2016, up 5% quarter-over-quarter.
- 69 funds opened new Delta Air Lines positions in Q3 2016 and 97 closed out, a net change of -28 holders.
- The largest Delta Air Lines buyer in Q3 2016 was Berkshire Hathaway, an estimated $240M added.
- The largest Delta Air Lines seller in Q3 2016 was Ameriprise, an estimated $115M sold.
Based on aggregated 13F filings for Q3 2016.