Delta Air Lines
974 hedge funds and large institutions have $14.2B invested in Delta Air Lines in 2022 Q4 according to their latest regulatory filings, with 172 funds opening new positions, 278 increasing their positions, 342 reducing their positions, and 72 closing their positions.
139% more first-time investments, than exits
New positions opened: 172 | Existing positions closed: 72
20% more funds holding in top 10
Funds holding in top 10: 10 → 12 (+2)
18% more capital invested
Capital invested by funds: $12.1B → $14.2B (+$2.15B)
10% more funds holding
Funds holding: 889 → 974 (+85)
0.47% more ownership
Funds ownership: 66.86% → 67.33% (+0.47%)
8% less call options, than puts
Call options by funds: $904M | Put options by funds: $984M
19% less repeat investments, than reductions
Existing positions increased: 278 | Existing positions reduced: 342
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
PAR Capital Management
Boston,
Massachusetts
|
+$70.8M |
| 2 |
GC
GMT Capital
Atlanta,
Georgia
|
+$52.5M |
| 3 |
Amundi
Paris,
France
|
+$49.9M |
| 4 |
BlackRock
New York
|
+$49M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$41.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
-$78M |
| 2 |
LPU
Lansdowne Partners (UK)
London,
United Kingdom
|
-$49.4M |
| 3 |
Neuberger Berman Group
New York
|
-$40.8M |
| 4 |
Public Sector Pension Investment Board (PSP Investments)
Montreal,
Quebec, Canada
|
-$35M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$31.6M |
DAL Hedge Fund Activity: Q4 2022 in Review
974 of the 6,237 institutional investors tracked by Wall St. Rank reported a position in Delta Air Lines (DAL) for Q4 2022, worth a combined $14.2B — up 18% from $12.1B a quarter earlier.
Buyers outnumbered sellers: 172 funds opened new DAL positions and 72 closed out — a net gain of 100 holders — while 278 added to existing stakes and 342 trimmed.
The largest buyer was PAR Capital Management, adding an estimated $70.8M. The largest seller was Adage Capital Partners, cutting an estimated $78M.
- 974 institutional investors held Delta Air Lines (DAL) as of Q4 2022, up from 889 in Q3 2022.
- Funds reported $14.2B of Delta Air Lines stock for Q4 2022, up 18% quarter-over-quarter.
- 172 funds opened new Delta Air Lines positions in Q4 2022 and 72 closed out, a net change of +100 holders.
- The largest Delta Air Lines buyer in Q4 2022 was PAR Capital Management, an estimated $70.8M added.
- The largest Delta Air Lines seller in Q4 2022 was Adage Capital Partners, an estimated $78M sold.
Based on aggregated 13F filings for Q4 2022.