Delta Air Lines
1,078 hedge funds and large institutions have $23B invested in Delta Air Lines in 2024 Q1 according to their latest regulatory filings, with 137 funds opening new positions, 362 increasing their positions, 394 reducing their positions, and 111 closing their positions.
27% more capital invested
Capital invested by funds: $18.1B → $23B (+$4.97B)
27% more call options, than puts
Call options by funds: $1.79B | Put options by funds: $1.42B
23% more first-time investments, than exits
New positions opened: 137 | Existing positions closed: 111
21% more funds holding in top 10
Funds holding in top 10: 14 → 17 (+3)
5.08% more ownership
Funds ownership: 69.75% → 74.83% (+5.1%)
1% more funds holding
Funds holding: 1,067 → 1,078 (+11)
8% less repeat investments, than reductions
Existing positions increased: 362 | Existing positions reduced: 394
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Sanders Capital
West Palm Beach,
Florida
|
+$896M |
| 2 |
Harris Associates
Chicago,
Illinois
|
+$270M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$255M |
| 4 |
BlackRock
New York
|
+$126M |
| 5 |
LPU
Lansdowne Partners (UK)
London,
United Kingdom
|
+$82.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
-$95.8M |
| 2 |
Prudential Financial
Newark,
New Jersey
|
-$85.5M |
| 3 |
Renaissance Technologies
New York
|
-$76M |
| 4 |
JAM
Jupiter Asset Management
London,
United Kingdom
|
-$74.6M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
-$63.9M |
DAL Hedge Fund Activity: Q1 2024 in Review
1,078 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Delta Air Lines (DAL) for Q1 2024, worth a combined $23B — up 27% from $18.1B a quarter earlier.
Buyers outnumbered sellers: 137 funds opened new DAL positions and 111 closed out — a net gain of 26 holders — while 362 added to existing stakes and 394 trimmed.
The largest buyer was Sanders Capital, opening a new position worth an estimated $896M. The largest seller was Neuberger Berman Group, cutting an estimated $95.8M.
- 1,078 institutional investors held Delta Air Lines (DAL) as of Q1 2024, up from 1,067 in Q4 2023.
- Funds reported $23B of Delta Air Lines stock for Q1 2024, up 27% quarter-over-quarter.
- 137 funds opened new Delta Air Lines positions in Q1 2024 and 111 closed out, a net change of +26 holders.
- The largest Delta Air Lines buyer in Q1 2024 was Sanders Capital, an estimated $896M added.
- The largest Delta Air Lines seller in Q1 2024 was Neuberger Berman Group, an estimated $95.8M sold.
Based on aggregated 13F filings for Q1 2024.