Delta Air Lines
1,040 hedge funds and large institutions have $32.7B invested in Delta Air Lines in 2019 Q2 according to their latest regulatory filings, with 131 funds opening new positions, 351 increasing their positions, 417 reducing their positions, and 95 closing their positions.
38% more first-time investments, than exits
New positions opened: 131 | Existing positions closed: 95
10% more capital invested
Capital invested by funds: $29.6B → $32.7B (+$3.03B)
9% more funds holding in top 10
Funds holding in top 10: 44 → 48 (+4)
2% more funds holding
Funds holding: 1,018 → 1,040 (+22)
1.51% more ownership
Funds ownership: 84.53% → 86.03% (+1.5%)
16% less repeat investments, than reductions
Existing positions increased: 351 | Existing positions reduced: 417
18% less call options, than puts
Call options by funds: $716M | Put options by funds: $871M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$325M |
| 2 |
Nuveen
Charlotte,
North Carolina
|
+$182M |
| 3 |
LCOV
London Company of Virginia
Richmond,
Virginia
|
+$129M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
+$78.5M |
| 5 |
TAM
Timucuan Asset Management
Jacksonville,
Florida
|
+$67.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$310M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
-$245M |
| 3 |
VOYA Investment Management
Atlanta,
Georgia
|
-$161M |
| 4 |
PCM
PAR Capital Management
Boston,
Massachusetts
|
-$122M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$94.7M |
DAL Hedge Fund Activity: Q2 2019 in Review
1,040 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in Delta Air Lines (DAL) for Q2 2019, worth a combined $32.7B — up 10% from $29.6B a quarter earlier.
Buyers outnumbered sellers: 131 funds opened new DAL positions and 95 closed out — a net gain of 36 holders — while 351 added to existing stakes and 417 trimmed.
The largest buyer was Bank of America, adding an estimated $325M. The largest seller was JP Morgan Chase, cutting an estimated $310M.
- 1,040 institutional investors held Delta Air Lines (DAL) as of Q2 2019, up from 1,018 in Q1 2019.
- Funds reported $32.7B of Delta Air Lines stock for Q2 2019, up 10% quarter-over-quarter.
- 131 funds opened new Delta Air Lines positions in Q2 2019 and 95 closed out, a net change of +36 holders.
- The largest Delta Air Lines buyer in Q2 2019 was Bank of America, an estimated $325M added.
- The largest Delta Air Lines seller in Q2 2019 was JP Morgan Chase, an estimated $310M sold.
Based on aggregated 13F filings for Q2 2019.