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Delta Air Lines

859 hedge funds and large institutions have $29.1B invested in Delta Air Lines in 2017 Q1 according to their latest regulatory filings, with 119 funds opening new positions, 301 increasing their positions, 330 reducing their positions, and 74 closing their positions.

New
Increased
Maintained
Reduced
Closed

61% more first-time investments, than exits

New positions opened: 119 | Existing positions closed: 74

49% more call options, than puts

Call options by funds: $864M | Put options by funds: $581M

4% more funds holding

Funds holding: 827859 (+32)

1.35% more ownership

Funds ownership: 85.2%86.55% (+1.4%)

9% less repeat investments, than reductions

Existing positions increased: 301 | Existing positions reduced: 330

7% less capital invested

Capital invested by funds: $31.5B → $29.1B (-$2.34B)

24% less funds holding in top 10

Funds holding in top 10: 4232 (-10)

Holders
859
Holders Change
+32
Holders Change %
+3.87%
% of All Funds
21.38%
Holding in Top 10
32
Holding in Top 10 Change
-10
Holding in Top 10 Change %
-23.81%
% of All Funds
0.8%
New
119
Increased
301
Reduced
330
Closed
74
Calls
$864M
Puts
$581M
Net Calls
+$283M
Net Calls Change
-$4.34M
Name Holding Trade Value Shares
Change
Change in
Stake
Berkshire Hathaway
1
Berkshire Hathaway
Nebraska
$2.53B -$244M -5,000,000 -8%
BlackRock
2
BlackRock
New York
$2.08B +$2.14B +43,782,455 +2,961%
Vanguard Group
3
Vanguard Group
Pennsylvania
$2.05B -$63.2M -1,295,032 -3%
JP Morgan Chase
4
JP Morgan Chase
New York
$1.61B +$67.3M +1,378,483 +4%
LPU
5
Lansdowne Partners (UK)
United Kingdom
$1.29B +$93.6M +1,918,036 +7%
State Street
6
State Street
Massachusetts
$1.29B -$157M -3,213,583 -10%
Primecap Management
7
Primecap Management
California
$1.04B +$94.2M +1,930,614 +9%
ETC
8
Evercore Trust Company
New York
$704M +$365M +7,470,651 +95%
AllianceBernstein
9
AllianceBernstein
Tennessee
$527M -$33.7M -689,838 -6%
PCM
10
PAR Capital Management
Massachusetts
$509M
Bank of New York Mellon
11
Bank of New York Mellon
New York
$501M -$19.2M -394,001 -3%
Fidelity Investments
12
Fidelity Investments
Massachusetts
$460M -$85.1M -1,743,881 -15%
AQR Capital Management
13
AQR Capital Management
Connecticut
$440M +$63.9M +1,308,115 +16%
Capital World Investors
14
Capital World Investors
California
$377M +$13.4M +274,000 +3%
Bank of America
15
Bank of America
North Carolina
$354M +$112M +2,287,160 +42%
Northern Trust
16
Northern Trust
Illinois
$350M -$445K -9,111 -0.1%
Boston Partners
17
Boston Partners
Massachusetts
$349M -$27.6M -565,399 -7%
Dimensional Fund Advisors
18
Dimensional Fund Advisors
Texas
$324M +$158M +3,245,791 +86%
Goldman Sachs
19
Goldman Sachs
New York
$320M +$83.4M +1,708,467 +32%
Neuberger Berman Group
20
Neuberger Berman Group
New York
$312M -$9.16M -187,724 -3%
Geode Capital Management
21
Geode Capital Management
Massachusetts
$309M +$21.8M +446,362 +7%
Wells Fargo
22
Wells Fargo
California
$266M +$38.8M +795,102 +16%
APG Asset Management
23
APG Asset Management
Netherlands
$230M +$33.2M +680,439 +16%
Ameriprise
24
Ameriprise
Minnesota
$220M -$97.3M -1,993,206 -29%
AL
25
AJO LP
Pennsylvania
$214M +$81.9M +1,677,463 +56%

DAL Hedge Fund Activity: Q1 2017 in Review

859 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Delta Air Lines (DAL) for Q1 2017, worth a combined $29.1B — down 7.4% from $31.5B a quarter earlier.

Buyers outnumbered sellers: 119 funds opened new DAL positions and 74 closed out — a net gain of 45 holders — while 301 added to existing stakes and 330 trimmed.

The largest buyer was BlackRock, adding an estimated $2.14B. The largest seller was Sculptor Capital, cutting an estimated $283M.

  • 859 institutional investors held Delta Air Lines (DAL) as of Q1 2017, up from 827 in Q4 2016.
  • Funds reported $29.1B of Delta Air Lines stock for Q1 2017, down 7.4% quarter-over-quarter.
  • 119 funds opened new Delta Air Lines positions in Q1 2017 and 74 closed out, a net change of +45 holders.
  • The largest Delta Air Lines buyer in Q1 2017 was BlackRock, an estimated $2.14B added.
  • The largest Delta Air Lines seller in Q1 2017 was Sculptor Capital, an estimated $283M sold.

Based on aggregated 13F filings for Q1 2017.