Delta Air Lines
864 hedge funds and large institutions have $10.4B invested in Delta Air Lines in 2020 Q2 according to their latest regulatory filings, with 155 funds opening new positions, 298 increasing their positions, 346 reducing their positions, and 254 closing their positions.
2% more call options, than puts
Call options by funds: $970M | Put options by funds: $950M
11% less funds holding
Funds holding: 972 → 864 (-108)
14% less repeat investments, than reductions
Existing positions increased: 298 | Existing positions reduced: 346
17.35% less ownership
Funds ownership: 75.7% → 58.35% (-17%)
19% less funds holding in top 10
Funds holding in top 10: 16 → 13 (-3)
24% less capital invested
Capital invested by funds: $13.8B → $10.4B (-$3.36B)
39% less first-time investments, than exits
New positions opened: 155 | Existing positions closed: 254
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$260M |
| 2 |
Capital World Investors
Los Angeles,
California
|
+$214M |
| 3 |
Allianz Asset Management
Munich,
Germany
|
+$122M |
| 4 |
HHII
H&H International Investment
Palo Alto,
California
|
+$104M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$78.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Berkshire Hathaway
Omaha,
Nebraska
|
-$2.05B |
| 2 |
JP Morgan Chase
New York
|
-$165M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$162M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$151M |
| 5 |
Primecap Management
Pasadena,
California
|
-$122M |
DAL Hedge Fund Activity: Q2 2020 in Review
864 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in Delta Air Lines (DAL) for Q2 2020, worth a combined $10.4B — down 24% from $13.8B a quarter earlier.
Sellers outnumbered buyers: 254 funds closed out of DAL and 155 opened new positions — a net loss of 99 holders — while 346 trimmed existing stakes and 298 added.
The largest buyer was Vanguard Group, adding an estimated $260M. The largest seller was Berkshire Hathaway, exiting entirely with an estimated $2.05B sold.
- 864 institutional investors held Delta Air Lines (DAL) as of Q2 2020, down from 972 in Q1 2020.
- Funds reported $10.4B of Delta Air Lines stock for Q2 2020, down 24% quarter-over-quarter.
- 155 funds opened new Delta Air Lines positions in Q2 2020 and 254 closed out, a net change of -99 holders.
- The largest Delta Air Lines buyer in Q2 2020 was Vanguard Group, an estimated $260M added.
- The largest Delta Air Lines seller in Q2 2020 was Berkshire Hathaway, an estimated $2.05B sold.
Based on aggregated 13F filings for Q2 2020.