Delta Air Lines
976 hedge funds and large institutions have $15.5B invested in Delta Air Lines in 2023 Q1 according to their latest regulatory filings, with 116 funds opening new positions, 364 increasing their positions, 295 reducing their positions, and 96 closing their positions.
23% more repeat investments, than reductions
Existing positions increased: 364 | Existing positions reduced: 295
21% more first-time investments, than exits
New positions opened: 116 | Existing positions closed: 96
9% more capital invested
Capital invested by funds: $14.2B → $15.5B (+$1.35B)
8% more funds holding in top 10
Funds holding in top 10: 12 → 13 (+1)
2.04% more ownership
Funds ownership: 67.33% → 69.36% (+2%)
0% more funds holding
Funds holding: 974 → 976 (+2)
18% less call options, than puts
Call options by funds: $786M | Put options by funds: $955M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal London Asset Management
United Kingdom
|
+$148M |
| 2 |
Capital International Investors
Los Angeles,
California
|
+$133M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$128M |
| 4 |
Capital World Investors
Los Angeles,
California
|
+$117M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$68.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$167M |
| 2 |
Renaissance Technologies
New York
|
-$131M |
| 3 |
JP Morgan Chase
New York
|
-$117M |
| 4 |
Neuberger Berman Group
New York
|
-$91M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$59M |
DAL Hedge Fund Activity: Q1 2023 in Review
976 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Delta Air Lines (DAL) for Q1 2023, worth a combined $15.5B — up 9.5% from $14.2B a quarter earlier.
Buyers outnumbered sellers: 116 funds opened new DAL positions and 96 closed out — a net gain of 20 holders — while 364 added to existing stakes and 295 trimmed.
The largest buyer was Royal London Asset Management, adding an estimated $148M. The largest seller was Millennium Management, cutting an estimated $167M.
- 976 institutional investors held Delta Air Lines (DAL) as of Q1 2023, up from 974 in Q4 2022.
- Funds reported $15.5B of Delta Air Lines stock for Q1 2023, up 9.5% quarter-over-quarter.
- 116 funds opened new Delta Air Lines positions in Q1 2023 and 96 closed out, a net change of +20 holders.
- The largest Delta Air Lines buyer in Q1 2023 was Royal London Asset Management, an estimated $148M added.
- The largest Delta Air Lines seller in Q1 2023 was Millennium Management, an estimated $167M sold.
Based on aggregated 13F filings for Q1 2023.