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Delta Air Lines, Inc.

DAL
Exchange
NYSE
Industry
Air Transportation, Scheduled
SEC CIK
0000027904

In the last 90 days, Delta Air Lines, Inc. insiders filed 0 open-market purchases and 6 sales; 1,523 institutions reported holding it in 13F filings for Q2 2026, worth $54.7B in total; 3 superinvestors hold it, including Berkshire Hathaway and Harris Associates (Oakmark).

13F holders, Q4 2025

Institutional positions in Delta Air Lines, Inc. as of Dec 31, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
1,333
+134 vs. Q3 2025
Shares held
555.8M
+25.4M (+4.8%) vs. Q3 2025
Total value
$38.6B
+$8.44B (+28.0%) vs. Q3 2025
New holders
239
495 more added
Sold out
105
388 more reduced

30 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting DAL on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ4 2025: 1,333 institutions
Q1 2021: 1,001 institutionsQ2 2021: 966 institutionsQ3 2021: 964 institutionsQ4 2021: 984 institutionsQ1 2022: 982 institutionsQ2 2022: 913 institutionsQ3 2022: 891 institutionsQ4 2022: 975 institutionsQ1 2023: 981 institutionsQ2 2023: 1,079 institutionsQ3 2023: 1,029 institutionsQ4 2023: 1,072 institutionsQ1 2024: 1,080 institutionsQ2 2024: 1,097 institutionsQ3 2024: 1,087 institutionsQ4 2024: 1,218 institutionsQ1 2025: 1,129 institutionsQ2 2025: 1,186 institutionsQ3 2025: 1,229 institutionsQ4 2025: 1,333 institutionsQ1 2026: 1,345 institutionsQ2 2026: 1,523 institutions
Value heldQ4 2025: $38.7B
Q1 2021: $19.8BQ2 2021: $17.7BQ3 2021: $17.4BQ4 2021: $15.9BQ1 2022: $16.5BQ2 2022: $12.6BQ3 2022: $12.1BQ4 2022: $15.0BQ1 2023: $16.2BQ2 2023: $21.9BQ3 2023: $16.7BQ4 2023: $18.6BQ1 2024: $24.5BQ2 2024: $23.9BQ3 2024: $26.2BQ4 2024: $32.0BQ1 2025: $23.3BQ2 2025: $26.1BQ3 2025: $30.9BQ4 2025: $38.7BQ1 2026: $38.6BQ2 2026: $54.7B
Institutions holding DAL and their total value by quarter
QuarterHoldersValue
Q2 20261,523$54.7B
Q1 20261,345$38.6B
Q4 20251,333$38.7B
Q3 20251,229$30.9B
Q2 20251,186$26.1B
Q1 20251,129$23.3B
Q4 20241,218$32.0B
Q3 20241,087$26.2B
Q2 20241,097$23.9B
Q1 20241,080$24.5B
Q4 20231,072$18.6B
Q3 20231,029$16.7B
Q2 20231,079$21.9B
Q1 2023981$16.2B
Q4 2022975$15.0B
Q3 2022891$12.1B
Q2 2022913$12.6B
Q1 2022982$16.5B
Q4 2021984$15.9B
Q3 2021964$17.4B
Q2 2021966$17.7B
Q1 20211,001$19.8B

Institutions, Q4 2025

Shares, value and share of portfolio for each institution holding Delta Air Lines, Inc.; share changes are against Q3 2025.

Institutions holding DAL in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Vanguard Group Inc74,552,264$5.17B0.08%+181,381+0.2%Added
BlackRock, Inc.44,725,086$3.10B0.05%−322,109−0.7%Reduced
Sanders Capital, LLC29,577,814$2.05B2.36%+52,573+0.2%Added
FMR LLC27,410,817$1.90B0.10%+7,837,000+40.0%Added
Capital International Investors24,211,101$1.68B0.26%+1,012,265+4.4%Added
State Street Corp23,163,644$1.61B0.05%+165,729+0.7%Added
Harris Associates L PSuperinvestorHarris Associates (Oakmark)19,666,515$1.36B1.73%+6,144,645+45.4%Added
Primecap Management Co17,594,127$1.22B0.92%−699,860−3.8%Reduced
Geode Capital Management, LLC17,413,841$1.22B0.08%+202,865+1.2%Added
Wellington Management Group LLP13,811,787$958.5M0.17%+7,994,004+137.4%Added
Morgan Stanley12,310,804$854.4M0.05%+56,455+0.5%Added
Dimensional Fund Advisors LP10,098,982$700.8M0.15%−234,315−2.3%Reduced
Bank of New York Mellon Corp9,496,296$659.0M0.12%+1,834,385+23.9%Added
Capital World Investors8,395,096$582.6M0.08%+46,341+0.6%Added
Newport Trust Co8,216,343$570.2M1.36%−1,000,000−10.9%Reduced
Life Cycle Investment Partners Ltd6,794,403$471.5M3.30%+6,794,403New
AQR Capital Management LLC6,155,776$426.4M0.22%+1,890,521+44.3%Added
JPMorgan Chase & Co6,113,739$424.3M0.03%−1,487,299−19.6%Reduced
Invesco Ltd.5,039,174$349.7M0.03%−556,325−9.9%Reduced
Northern Trust Corp5,015,732$348.1M0.04%−94,251−1.8%Reduced
GMT Capital Corp4,459,100$309.5M16.13%−450,500−9.2%Reduced
Allianz Asset Management GmbH4,327,719$300.3M0.34%+1,536,138+55.0%Added
Goldman Sachs Group Inc4,164,696$289.0M0.04%+136,677+3.4%Added
Nuveen, LLC4,084,386$283.5M0.07%+1,055,980+34.9%Added
Gallagher Fiduciary Advisors, LLC4,041,390$280.5M9.08%−256,357−6.0%Reduced
Charles Schwab Investment Management Inc3,842,923$266.7M0.04%+53,548+1.4%Added
Par Capital Management Inc3,574,210$248.1M6.58%00.0%Unchanged
Ninety One UK Ltd3,504,661$243.2M0.52%−356,049−9.2%Reduced
LSV Asset Management3,331,717$231.2M0.50%−116,200−3.4%Reduced
Bank of America Corp3,157,844$219.2M0.02%+310,139+10.9%Added
Massachusetts Financial Services Co3,105,924$215.6M0.07%−302,397−8.9%Reduced
Victory Capital Management Inc3,096,727$214.9M0.12%+153,379+5.2%Added
Pzena Investment Management LLC2,982,793$207.0M0.62%−1,247,625−29.5%Reduced
Slate Path Capital LP2,927,048$203.1M2.74%+1,192,400+68.7%Added
Ameriprise Financial Inc2,886,089$200.3M0.05%+979,346+51.4%Added
UBS Group AG2,799,137$194.3M0.04%−752,731−21.2%Reduced
Neuberger Berman Group LLC2,784,103$193.2M0.14%−642,832−18.8%Reduced
Russell Investments Group, Ltd.2,779,679$192.9M0.21%+124,267+4.7%Added
Pacer Advisors, Inc.2,673,400$185.5M0.48%+2,514,193+1,579.2%Added
Thrivent Financial for Lutherans2,641,993$183.4M0.33%−7650.0%Reduced
Lansdowne Partners (UK) LLP2,414,408$167.6M12.29%+130,151+5.7%Added
Bristol John W & Co Inc2,303,755$159.9M2.46%−43,206−1.8%Reduced
Amundi2,144,668$148.8M0.04%+1,033,666+93.0%Added
Jane Street Group, LLC2,042,846$141.8M0.17%−1,519,960−42.7%Reduced
American Century Companies Inc1,954,351$135.6M0.07%+132,473+7.3%Added
Bank of Montreal1,935,920$134.4M0.05%+131,280+7.3%Added
Raymond James Financial Inc1,849,009$128.3M0.04%−100,964−5.2%Reduced
Brandywine Global Investment Management, LLC1,838,051$127.6M0.86%−112,701−5.8%Reduced
Citigroup Inc1,809,976$125.6M0.09%+646,410+55.6%Added
Panagora Asset Management Inc1,804,005$125.2M0.44%+428,450+31.1%Added
Silvercrest Asset Management Group LLC1,793,145$124.4M0.86%+1,793,145New
Holocene Advisors, LP1,741,768$120.9M0.25%+1,741,768New
Great Lakes Advisors, LLC1,717,488$119.2M0.97%−14,732−0.9%Reduced
Douglas Lane & Associates, LLC1,659,202$115.1M1.58%−121,325−6.8%Reduced
HSBC Holdings PLC1,648,277$114.4M0.07%−304,783−15.6%Reduced
Royal Bank of Canada1,603,545$111.3M0.02%−712,038−30.7%Reduced
UBS Asset Management Americas Inc1,584,611$110.0M0.02%−67,496−4.1%Reduced
Alliancebernstein L.P.1,553,655$107.8M0.03%+2040.0%Added
Southpoint Capital Advisors LP1,500,000$104.1M2.42%−700,000−31.8%Reduced
Legal & General Group Plc1,350,966$93.8M0.02%−28,646−2.1%Reduced
River Road Asset Management, LLC1,288,956$89.5M0.98%+995,685+339.5%Added
California Public Employees Retirement System1,278,307$88.7M0.05%−3,272−0.3%Reduced
Los Angeles Capital Management LLC1,547,251$88.4M0.30%+824,152+114.0%Added
Norges Bank1,252,605$86.9M0.01%+1,252,605New
U S Global Investors Inc1,216,731$84.4M9.04%−144,302−10.6%Reduced
Susquehanna International Group, LLP1,215,263$84.3M0.12%+421,003+53.0%Added
Deutsche Bank AG1,213,981$84.3M0.03%+62,645+5.4%Added
BNP Paribas Arbitrage, SA1,135,929$78.8M0.05%+23,235+2.1%Added
Quantinno Capital Management LP1,109,672$77.0M0.15%+611,099+122.6%Added
Rhumbline Advisers1,101,847$76.5M0.06%−11,533−1.0%Reduced
Janus Henderson Group PLC1,089,406$75.6M0.03%−36,569−3.2%Reduced
Wells Fargo & Company1,046,793$72.6M0.01%+172,127+19.7%Added
SEI Investments Co1,039,135$72.1M0.07%+207,857+25.0%Added
Masters Capital Management LLC1,000,000$69.4M9.60%00.0%Unchanged
Barclays PLC998,493$69.3M0.03%−479,372−32.4%Reduced
Gotham Asset Management, LLC972,583$67.5M0.25%+313,518+47.6%Added
Price T Rowe Associates Inc950,144$65.9M0.01%+758+0.1%Added
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.875,977$60.5M0.04%+21,887+2.6%Added
Cambiar Investors LLC783,500$54.4M2.43%−174,223−18.2%Reduced
SRS Investment Management, LLC736,282$51.1M0.54%+246,607+50.4%Added
Principal Financial Group Inc720,421$50.0M0.03%+17,316+2.5%Added
Caisse de Depot Et Placement du Quebec715,200$49.6M0.08%+715,200New
Nomura Asset Management International Inc.699,223$48.5M0.07%+699,223New
Franklin Resources Inc688,494$47.8M0.01%−62,987−8.4%Reduced
Patient Capital Management, LLC680,405$47.2M1.82%−180,893−21.0%Reduced
Duquesne Family Office LLCSuperinvestorDuquesne Family Office650,910$45.2M1.07%+650,910New
Ieq Capital, LLC643,060$44.6M0.13%+110,362+20.7%Added
CSM Advisors, LLC629,101$43.7M1.19%+105,599+20.2%Added
TD Asset Management Inc624,337$43.3M0.03%+166,541+36.4%Added
New York State Teachers Retirement System622,156$43.2M0.08%+8,042+1.3%Added
BI Asset Management Fondsmaeglerselskab A/S606,344$42.1M0.37%+416,256+219.0%Added
LPL Financial LLC602,806$41.8M0.01%+10,611+1.8%Added
Susquehanna Portfolio Strategies, LLC589,953$40.9M0.63%00.0%Unchanged
Adage Capital Partners GP, L.L.C.585,611$40.6M0.06%−1,061,618−64.4%Reduced
Retirement Systems of Alabama579,040$40.2M0.13%−374−0.1%Reduced
Point72 Asset Management, L.P.575,215$39.9M0.06%−625,080−52.1%Reduced
D. E. Shaw & Co., Inc.549,213$38.1M0.03%+185,932+51.2%Added
State Board of Administration of Florida Retirement System544,087$37.8M0.07%−7,860−1.4%Reduced
Rockefeller Capital Management L.P.532,690$37.0M0.07%+126,566+31.2%Added
Hosking Partners LLP529,900$36.8M1.25%+14,089+2.7%Added