undamentalytics Newsletter

Delta Air Lines: which funds bought and sold

Institutions that bought and sold Delta Air Lines shares in Q2 2026, from the holdings they reported to the SEC on Form 13F for March 31, 2026 and June 30, 2026.

Between March 31, 2026 and June 30, 2026, 794 institutions that filed 13F reports for both quarters added to or opened positions in Delta Air Lines, and 594 cut or closed them. Together they sold a net 406K shares, −0.1% on what they held at the start of the quarter. Active managers and hedge funds on our list were net buyers of 14.4M shares (+6.7%); index fund managers were net buyers of 623K shares (+0.4%). 279 opened a new position and 111 sold out entirely.

Bought, Q2 2026 794 institutions, 279 of them new holders Sold, Q2 2026 594 institutions, 111 of them sold out
Net change, all compared −406K shares (−0.1%)
Net change, active managers +14.4M shares (+6.7%), 44 bought, 48 sold

Buyers versus sellers

institutions compared, 1,592
Active managers and hedge funds 44 bought · 48 sold · +14.4M
Index fund managers 8 bought · 4 sold · +623K
Other institutions 742 bought · 542 sold · −15.4M

Biggest buyers

by change in shares held
Biggest buyers
Institution Change in shares Shares June 30, 2026 Value
Berkshire Hathaway Inc Active manager +17.5M +44.0% 57.3M $5.4B
FMR LLC Active manager +5.7M +20.7% 33.2M $3.1B
1832 Asset Management L.P. +1.8M +2219.0% 1.8M $171M
Castle Hook Partners LP Hedge fund +1.3M New position 1.3M $117M
Goldman Sachs Group Inc +1.2M +23.9% 6.3M $594M
Jane Street Group, LLC +1.2M +300.3% 1.5M $145M
Blackrock, Inc. Index funds +981K +2.2% 45.1M $4.2B
Employees Retirement System Of Texas +714K New position 714K $66.9M
State Street Corp Index funds +669K +2.9% 24.1M $2.3B
Duquesne Family Office LLC Hedge fund +603K New position 603K $56.5M
Tidal Investments LLC +594K +609.8% 692K $64.8M
Geode Capital Management, LLC Index funds +541K +3.0% 18.5M $1.8B
American Century Companies Inc Active manager +539K +26.3% 2.6M $242M
Australiansuper Pty Ltd +439K +307.9% 582K $54.5M
Quadrature Capital Ltd Hedge fund +386K New position 386K $36.2M
Susquehanna Fundamental Investments, LLC +386K New position 386K $36.2M
Polar Capital Holdings PLC Active manager +379K +49.7% 1.1M $107M
Atalanta Sosnoff Capital, LLC Active manager +367K +39.1% 1.3M $122M
Bank Of New York Mellon Corp +357K +2.9% 12.6M $1.2B
Holocene Advisors, LP Hedge fund +346K New position 346K $32.4M

Biggest sellers

by change in shares held
Biggest sellers
Institution Change in shares Shares June 30, 2026 Value
Ameriprise Financial Inc −2.9M −71.9% 1.1M $108M
Victory Capital Management Inc Active manager −2.2M −58.6% 1.5M $144M
Morgan Stanley −1.7M −12.6% 11.7M $1.1B
Newport Trust Company, LLC −1.7M −21.0% 6.2M $582M
BNP Paribas Financial Markets −1.4M −55.1% 1.2M $110M
Panagora Asset Management Inc Active manager −1.2M −63.6% 704K $65.9M
Pacer Advisors, Inc. −1.2M −28.9% 2.9M $268M
Gmt Capital Corp −1.2M −26.2% 3.3M $306M
Invesco Ltd. −1.1M −18.6% 5.0M $469M
Vanguard Portfolio Management LLC Index funds −1.1M −3.8% 26.3M $2.5B
River Road Asset Management, LLC Active manager −1.0M −93.0% 78K $7.3M
Southpoint Capital Advisors LP Hedge fund −1.0M Sold out 0 —
Thrivent Financial For Lutherans −968K −36.2% 1.7M $160M
Amundi −880K −42.6% 1.2M $111M
Life Cycle Investment Partners Ltd −825K −14.7% 4.8M $449M
Adage Capital Partners Gp, L.L.C. Hedge fund −782K Sold out 0 —
SRS Investment Management, LLC Hedge fund −780K Sold out 0 —
Susquehanna International Group, LLP −755K −78.5% 207K $19.4M
Interval Partners, LP Hedge fund −732K −85.5% 124K $11.6M
Wellington Management Group LLP Active manager −698K −16.7% 3.5M $327M

New positions

largest by value
InstitutionSharesValue June 30, 2026
Castle Hook Partners LPHedge fund 1.3M $117M
Employees Retirement System Of Texas 714K $66.9M
Duquesne Family Office LLCHedge fund 603K $56.5M
Quadrature Capital LtdHedge fund 386K $36.2M
Susquehanna Fundamental Investments, LLC 386K $36.2M
Holocene Advisors, LPHedge fund 346K $32.4M
Arbejdsmarkedets Tillaegspension 344K $32.2M
Columbus Hill Capital Management, L.P. 277K $25.9M
Tudor Investment Corp Et AlHedge fund 269K $25.2M
Junto Capital Management LPHedge fund 227K $21.3M

Sold out

largest by value

Who holds the shares

13F holdings at June 30, 2026
Institutions reporting
1,509
Ten largest holders
53.9%
of 13F-reported shares
Index fund managers
29.2%
of 13F-reported shares
Active managers and hedge funds
39.8%
of 13F-reported shares
Buying and selling by type of institution, March 31, 2026 to June 30, 2026
TypeBoughtSoldNewSold outNet change in sharesNet %
Active managers and hedge funds 44 48 16 11 +14.4M +6.7%
Index fund managers 8 4 0 0 +623K +0.4%
Other institutions 742 542 263 100 −15.4M −8.0%

Active managers and hedge funds: a list we maintain of about 400 well-known stock-picking firms and hedge funds, matched by SEC registration number (CIK) and checked against the filer names each quarter. Index fund managers: the large index houses, such as BlackRock, Vanguard, State Street, Geode and Northern Trust. Every other filer (banks, brokers, wealth managers, pension funds, insurers and firms not on the list) counts as another institution. A firm that files under several SEC registrations appears once for each.

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