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Delta Air Lines

1,135 hedge funds and large institutions have $32.2B invested in Delta Air Lines in 2019 Q4 according to their latest regulatory filings, with 190 funds opening new positions, 403 increasing their positions, 399 reducing their positions, and 99 closing their positions.

New
Increased
Maintained
Reduced
Closed

92% more first-time investments, than exits

New positions opened: 190 | Existing positions closed: 99

7% more funds holding in top 10

Funds holding in top 10: 4245 (+3)

7% more funds holding

Funds holding: 1,0651,135 (+70)

1% more repeat investments, than reductions

Existing positions increased: 403 | Existing positions reduced: 399

1% less capital invested

Capital invested by funds: $32.6B → $32.2B (-$434M)

2.04% less ownership

Funds ownership: 87.27%85.23% (-2%)

14% less call options, than puts

Call options by funds: $985M | Put options by funds: $1.15B

Holders
1,135
Holders Change
+70
Holders Change %
+6.57%
% of All Funds
22.36%
Holding in Top 10
45
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+7.14%
% of All Funds
0.89%
New
190
Increased
403
Reduced
399
Closed
99
Calls
$985M
Puts
$1.15B
Net Calls
-$162M
Net Calls Change
+$6.41M
Name Holding Trade Value Shares
Change
Change in
Stake
Berkshire Hathaway
1
Berkshire Hathaway
Nebraska
$4.15B
Vanguard Group
2
Vanguard Group
Pennsylvania
$2.56B -$132M -2,360,338 -5%
BlackRock
3
BlackRock
New York
$2.01B +$27.2M +484,169 +1%
Primecap Management
4
Primecap Management
California
$1.66B +$10.1M +179,200 +0.6%
State Street
5
State Street
Massachusetts
$1.17B -$1.78M -31,691 -0.2%
Newport Trust Company
6
Newport Trust Company
District of Columbia
$737M
LPU
7
Lansdowne Partners (UK)
United Kingdom
$646M -$138M -2,455,831 -18%
JP Morgan Chase
8
JP Morgan Chase
New York
$618M +$37.7M +672,775 +7%
Bank of America
9
Bank of America
North Carolina
$609M -$110M -1,967,229 -16%
AllianceBernstein
10
AllianceBernstein
Tennessee
$476M +$69.6M +1,241,210 +18%
Geode Capital Management
11
Geode Capital Management
Massachusetts
$476M +$12.2M +217,332 +3%
Goldman Sachs
12
Goldman Sachs
New York
$445M +$7.48M +133,281 +2%
Dimensional Fund Advisors
13
Dimensional Fund Advisors
Texas
$435M -$2.36M -42,089 -0.6%
Bank of New York Mellon
14
Bank of New York Mellon
New York
$420M +$58.6M +1,045,361 +17%
Fidelity Investments
15
Fidelity Investments
Massachusetts
$351M -$153M -2,733,843 -31%
Northern Trust
16
Northern Trust
Illinois
$344M -$2.43M -43,347 -0.7%
AQR Capital Management
17
AQR Capital Management
Connecticut
$338M -$41M -730,416 -11%
Janus Henderson Group
18
Janus Henderson Group
United Kingdom
$319M +$65M +1,159,318 +27%
Neuberger Berman Group
19
Neuberger Berman Group
New York
$314M -$31.8M -566,422 -10%
N
20
Nuveen
North Carolina
$300M +$51.3M +915,395 +22%
Two Sigma Advisers
21
Two Sigma Advisers
New York
$292M +$10.2M +182,100 +4%
Capital World Investors
22
Capital World Investors
California
$279M +$66.2K +1,181 +0%
Wellington Management Group
23
Wellington Management Group
Massachusetts
$268M +$128M +2,276,177 +98%
LSV Asset Management
24
LSV Asset Management
Illinois
$256M -$3.71M -66,165 -1%
UBS AM
25
UBS AM
Illinois
$247M +$13.2M +235,111 +6%

DAL Hedge Fund Activity: Q4 2019 in Review

1,135 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Delta Air Lines (DAL) for Q4 2019, worth a combined $32.2B — down 1.3% from $32.6B a quarter earlier.

Buyers outnumbered sellers: 190 funds opened new DAL positions and 99 closed out — a net gain of 91 holders — while 403 added to existing stakes and 399 trimmed.

The largest buyer was Wellington Management Group, adding an estimated $128M. The largest seller was T. Rowe Price Associates, cutting an estimated $321M.

  • 1,135 institutional investors held Delta Air Lines (DAL) as of Q4 2019, up from 1,065 in Q3 2019.
  • Funds reported $32.2B of Delta Air Lines stock for Q4 2019, down 1.3% quarter-over-quarter.
  • 190 funds opened new Delta Air Lines positions in Q4 2019 and 99 closed out, a net change of +91 holders.
  • The largest Delta Air Lines buyer in Q4 2019 was Wellington Management Group, an estimated $128M added.
  • The largest Delta Air Lines seller in Q4 2019 was T. Rowe Price Associates, an estimated $321M sold.

Based on aggregated 13F filings for Q4 2019.