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Delta Air Lines

972 hedge funds and large institutions have $30B invested in Delta Air Lines in 2018 Q2 according to their latest regulatory filings, with 108 funds opening new positions, 380 increasing their positions, 352 reducing their positions, and 115 closing their positions.

New
Increased
Maintained
Reduced
Closed

8% more repeat investments, than reductions

Existing positions increased: 380 | Existing positions reduced: 352

0.21% more ownership

Funds ownership: 86.35%86.57% (+0.21%)

0% less call options, than puts

Call options by funds: $846M | Put options by funds: $850M

6% less first-time investments, than exits

New positions opened: 108 | Existing positions closed: 115

2% less funds holding

Funds holding: 988972 (-16)

10% less capital invested

Capital invested by funds: $33.4B → $30B (-$3.38B)

26% less funds holding in top 10

Funds holding in top 10: 4231 (-11)

Holders
972
Holders Change
-16
Holders Change %
-1.62%
% of All Funds
22.25%
Holding in Top 10
31
Holding in Top 10 Change
-11
Holding in Top 10 Change %
-26.19%
% of All Funds
0.71%
New
108
Increased
380
Reduced
352
Closed
115
Calls
$846M
Puts
$850M
Net Calls
-$3.44M
Net Calls Change
-$194M
Name Holding Trade Value Shares
Change
Change in
Stake
Berkshire Hathaway
1
Berkshire Hathaway
Nebraska
$3.15B +$537M +10,066,483 +19%
Vanguard Group
2
Vanguard Group
Pennsylvania
$2.29B +$163M +3,046,586 +7%
BlackRock
3
BlackRock
New York
$1.77B +$44M +825,244 +2%
Primecap Management
4
Primecap Management
California
$1.4B +$5.01M +93,875 +0.3%
LPU
5
Lansdowne Partners (UK)
United Kingdom
$1.39B +$131M +2,462,310 +10%
State Street
6
State Street
Massachusetts
$1.14B -$29.3M -549,755 -2%
JP Morgan Chase
7
JP Morgan Chase
New York
$1.02B -$109M -2,040,677 -9%
Newport Trust Company
8
Newport Trust Company
District of Columbia
$708M
T. Rowe Price Associates
9
T. Rowe Price Associates
Maryland
$691M -$309M -5,785,805 -29%
PCM
10
PAR Capital Management
Massachusetts
$662M +$1.33M +25,000 +0.2%
Boston Partners
11
Boston Partners
Massachusetts
$614M +$32.4M +608,231 +5%
Capital World Investors
12
Capital World Investors
California
$536M
Bank of New York Mellon
13
Bank of New York Mellon
New York
$451M -$8.37M -156,891 -2%
Fidelity Investments
14
Fidelity Investments
Massachusetts
$421M +$955K +17,897 +0.2%
Ameriprise
15
Ameriprise
Minnesota
$390M +$368M +6,906,872 +719%
Dimensional Fund Advisors
16
Dimensional Fund Advisors
Texas
$386M -$387K -7,252 -0.1%
Geode Capital Management
17
Geode Capital Management
Massachusetts
$357M +$8.9M +166,782 +2%
Northern Trust
18
Northern Trust
Illinois
$342M +$10.6M +199,589 +3%
Neuberger Berman Group
19
Neuberger Berman Group
New York
$337M -$22.7M -425,189 -6%
Bank of America
20
Bank of America
North Carolina
$304M +$10.4M +194,130 +3%
Wells Fargo
21
Wells Fargo
California
$273M -$14.4M -269,114 -5%
AllianceBernstein
22
AllianceBernstein
Tennessee
$260M +$11.3M +210,927 +4%
AQR Capital Management
23
AQR Capital Management
Connecticut
$223M -$34.2M -641,766 -12%
Deutsche Bank
24
Deutsche Bank
Germany
$218M -$305M -5,711,729 -56%
LSV Asset Management
25
LSV Asset Management
Illinois
$217M +$8.75M +164,122 +4%

DAL Hedge Fund Activity: Q2 2018 in Review

972 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Delta Air Lines (DAL) for Q2 2018, worth a combined $30B — down 10% from $33.4B a quarter earlier.

Sellers outnumbered buyers: 115 funds closed out of DAL and 108 opened new positions — a net loss of 7 holders — while 352 trimmed existing stakes and 380 added.

The largest buyer was Berkshire Hathaway, adding an estimated $537M. The largest seller was T. Rowe Price Associates, cutting an estimated $309M.

  • 972 institutional investors held Delta Air Lines (DAL) as of Q2 2018, down from 988 in Q1 2018.
  • Funds reported $30B of Delta Air Lines stock for Q2 2018, down 10% quarter-over-quarter.
  • 108 funds opened new Delta Air Lines positions in Q2 2018 and 115 closed out, a net change of -7 holders.
  • The largest Delta Air Lines buyer in Q2 2018 was Berkshire Hathaway, an estimated $537M added.
  • The largest Delta Air Lines seller in Q2 2018 was T. Rowe Price Associates, an estimated $309M sold.

Based on aggregated 13F filings for Q2 2018.