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Delta Air Lines

988 hedge funds and large institutions have $33.4B invested in Delta Air Lines in 2018 Q1 according to their latest regulatory filings, with 132 funds opening new positions, 390 increasing their positions, 325 reducing their positions, and 93 closing their positions.

New
Increased
Maintained
Reduced
Closed

42% more first-time investments, than exits

New positions opened: 132 | Existing positions closed: 93

20% more call options, than puts

Call options by funds: $1.13B | Put options by funds: $944M

20% more funds holding in top 10

Funds holding in top 10: 3542 (+7)

20% more repeat investments, than reductions

Existing positions increased: 390 | Existing positions reduced: 325

3% more funds holding

Funds holding: 959988 (+29)

0.64% less ownership

Funds ownership: 86.99%86.35% (-0.64%)

4% less capital invested

Capital invested by funds: $34.6B → $33.4B (-$1.25B)

Holders
988
Holders Change
+29
Holders Change %
+3.02%
% of All Funds
22.64%
Holding in Top 10
42
Holding in Top 10 Change
+7
Holding in Top 10 Change %
+20%
% of All Funds
0.96%
New
132
Increased
390
Reduced
325
Closed
93
Calls
$1.13B
Puts
$944M
Net Calls
+$191M
Net Calls Change
-$387M
Name Holding Trade Value Shares
Change
Change in
Stake
Berkshire Hathaway
1
Berkshire Hathaway
Nebraska
$2.94B +$27M +488,962 +0.9%
Vanguard Group
2
Vanguard Group
Pennsylvania
$2.37B +$22.9M +415,576 +1%
BlackRock
3
BlackRock
New York
$1.91B -$53.3M -966,069 -3%
Primecap Management
4
Primecap Management
California
$1.54B +$1.81M +32,771 +0.1%
LPU
5
Lansdowne Partners (UK)
United Kingdom
$1.41B -$40.1M -726,858 -3%
State Street
6
State Street
Massachusetts
$1.29B -$43.2M -782,748 -3%
JP Morgan Chase
7
JP Morgan Chase
New York
$1.24B -$395M -7,158,617 -24%
T. Rowe Price Associates
8
T. Rowe Price Associates
Maryland
$1.08B +$86M +1,558,518 +9%
Newport Trust Company
9
Newport Trust Company
District of Columbia
$784M
PCM
10
PAR Capital Management
Massachusetts
$731M +$15.7M +285,000 +2%
Boston Partners
11
Boston Partners
Massachusetts
$646M +$182M +3,306,568 +39%
Capital World Investors
12
Capital World Investors
California
$593M -$30.2M -547,100 -5%
Deutsche Bank
13
Deutsche Bank
Germany
$554M +$169M +3,054,648 +43%
Bank of New York Mellon
14
Bank of New York Mellon
New York
$507M -$45.7M -828,473 -8%
Fidelity Investments
15
Fidelity Investments
Massachusetts
$465M -$116M -2,107,562 -20%
Dimensional Fund Advisors
16
Dimensional Fund Advisors
Texas
$428M +$1.24M +22,535 +0.3%
Neuberger Berman Group
17
Neuberger Berman Group
New York
$396M +$13M +236,108 +3%
Geode Capital Management
18
Geode Capital Management
Massachusetts
$386M +$33.1M +600,580 +9%
Northern Trust
19
Northern Trust
Illinois
$368M -$10.3M -186,190 -3%
Bank of America
20
Bank of America
North Carolina
$326M -$67.3M -1,220,479 -17%
Wells Fargo
21
Wells Fargo
California
$317M +$26.9M +487,117 +9%
AQR Capital Management
22
AQR Capital Management
Connecticut
$282M +$32.6M +591,083 +13%
AllianceBernstein
23
AllianceBernstein
Tennessee
$276M -$28.5M -515,938 -9%
Morgan Stanley
24
Morgan Stanley
New York
$253M -$29.5M -535,101 -10%
LSV Asset Management
25
LSV Asset Management
Illinois
$231M +$11.8M +214,350 +5%

DAL Hedge Fund Activity: Q1 2018 in Review

988 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Delta Air Lines (DAL) for Q1 2018, worth a combined $33.4B — down 3.6% from $34.6B a quarter earlier.

Buyers outnumbered sellers: 132 funds opened new DAL positions and 93 closed out — a net gain of 39 holders — while 390 added to existing stakes and 325 trimmed.

The largest buyer was Boston Partners, adding an estimated $182M. The largest seller was JP Morgan Chase, cutting an estimated $395M.

  • 988 institutional investors held Delta Air Lines (DAL) as of Q1 2018, up from 959 in Q4 2017.
  • Funds reported $33.4B of Delta Air Lines stock for Q1 2018, down 3.6% quarter-over-quarter.
  • 132 funds opened new Delta Air Lines positions in Q1 2018 and 93 closed out, a net change of +39 holders.
  • The largest Delta Air Lines buyer in Q1 2018 was Boston Partners, an estimated $182M added.
  • The largest Delta Air Lines seller in Q1 2018 was JP Morgan Chase, an estimated $395M sold.

Based on aggregated 13F filings for Q1 2018.