Delta Air Lines
1,075 hedge funds and large institutions have $21.8B invested in Delta Air Lines in 2023 Q2 according to their latest regulatory filings, with 182 funds opening new positions, 310 increasing their positions, 387 reducing their positions, and 75 closing their positions.
143% more first-time investments, than exits
New positions opened: 182 | Existing positions closed: 75
62% more funds holding in top 10
Funds holding in top 10: 13 → 21 (+8)
41% more capital invested
Capital invested by funds: $15.5B → $21.8B (+$6.3B)
15% more call options, than puts
Call options by funds: $1.44B | Put options by funds: $1.25B
10% more funds holding
Funds holding: 976 → 1,075 (+99)
2.2% more ownership
Funds ownership: 69.36% → 71.56% (+2.2%)
20% less repeat investments, than reductions
Existing positions increased: 310 | Existing positions reduced: 387
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
+$580M |
| 2 |
DZ Bank
Frankfurt Am Main,
Germany
|
+$142M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$79.6M |
| 4 |
PCM
Patient Capital Management
Baltimore,
Maryland
|
+$61.1M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$58M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$109M |
| 2 |
MVP
Miller Value Partners
Sarasota,
Florida
|
-$58M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$48.1M |
| 4 |
LPU
Lansdowne Partners (UK)
London,
United Kingdom
|
-$47.1M |
| 5 |
Amundi
Paris,
France
|
-$46.9M |
DAL Hedge Fund Activity: Q2 2023 in Review
1,075 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Delta Air Lines (DAL) for Q2 2023, worth a combined $21.8B — up 41% from $15.5B a quarter earlier.
Buyers outnumbered sellers: 182 funds opened new DAL positions and 75 closed out — a net gain of 107 holders — while 310 added to existing stakes and 387 trimmed.
The largest buyer was Capital International Investors, adding an estimated $580M. The largest seller was Renaissance Technologies, cutting an estimated $109M.
- 1,075 institutional investors held Delta Air Lines (DAL) as of Q2 2023, up from 976 in Q1 2023.
- Funds reported $21.8B of Delta Air Lines stock for Q2 2023, up 41% quarter-over-quarter.
- 182 funds opened new Delta Air Lines positions in Q2 2023 and 75 closed out, a net change of +107 holders.
- The largest Delta Air Lines buyer in Q2 2023 was Capital International Investors, an estimated $580M added.
- The largest Delta Air Lines seller in Q2 2023 was Renaissance Technologies, an estimated $109M sold.
Based on aggregated 13F filings for Q2 2023.