Skip to main content

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 $54.3B 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: 1,004 institutionsQ2 2021: 968 institutionsQ3 2021: 965 institutionsQ4 2021: 985 institutionsQ1 2022: 983 institutionsQ2 2022: 914 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: 1,219 institutionsQ1 2025: 1,130 institutionsQ2 2025: 1,186 institutionsQ3 2025: 1,229 institutionsQ4 2025: 1,333 institutionsQ1 2026: 1,345 institutionsQ2 2026: 1,523 institutions
Value heldQ4 2025: $38.6B
Q1 2021: $19.8BQ2 2021: $17.7BQ3 2021: $17.4BQ4 2021: $15.8BQ1 2022: $16.5BQ2 2022: $12.6BQ3 2022: $12.1BQ4 2022: $14.3BQ1 2023: $15.5BQ2 2023: $21.8BQ3 2023: $16.7BQ4 2023: $18.0BQ1 2024: $23.0BQ2 2024: $23.6BQ3 2024: $26.0BQ4 2024: $32.0BQ1 2025: $23.2BQ2 2025: $26.0BQ3 2025: $30.2BQ4 2025: $38.6BQ1 2026: $38.6BQ2 2026: $54.3B
Institutions holding DAL and their total value by quarter
QuarterHoldersValue
Q2 20261,523$54.3B
Q1 20261,345$38.6B
Q4 20251,333$38.6B
Q3 20251,229$30.2B
Q2 20251,186$26.0B
Q1 20251,130$23.2B
Q4 20241,219$32.0B
Q3 20241,087$26.0B
Q2 20241,097$23.6B
Q1 20241,080$23.0B
Q4 20231,072$18.0B
Q3 20231,029$16.7B
Q2 20231,079$21.8B
Q1 2023981$15.5B
Q4 2022975$14.3B
Q3 2022891$12.1B
Q2 2022914$12.6B
Q1 2022983$16.5B
Q4 2021985$15.8B
Q3 2021965$17.4B
Q2 2021968$17.7B
Q1 20211,004$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
Everence Capital Management Inc26,930$1.87M0.11%00.0%Unchanged
Essential Partners LLC27,060$1.88M0.58%+610+2.3%Added
Mount Lucas Management LP27,128$1.88M0.83%+279+1.0%Added
Guerra Pan Advisors, LLC27,439$1.90M1.13%−110−0.4%Reduced
Oppenheimer Asset Management Inc.27,538$1.91M0.02%−4,740−14.7%Reduced
Lighthouse Investment Partners, LLC27,544$1.91M0.06%−22,456−44.9%Reduced
Fiduciary Trust Co27,920$1.94M0.02%+972+3.6%Added
IFM Investors Pty Ltd28,167$1.96M0.02%+144+0.5%Added
Elo Mutual Pension Insurance Co28,261$1.96M0.03%+4,390+18.4%Added
Patten & Patten Inc28,341$1.97M0.12%−2,148−7.0%Reduced
Federation des caisses Desjardins du Quebec28,633$1.99M0.01%+2,975+11.6%Added
Inlet Private Wealth, LLC28,664$1.99M0.46%−8,300−22.5%Reduced
Stevens Capital Management LP28,777$2.00M0.70%+14,001+94.8%Added
British Columbia Investment Management Corp28,924$2.01M0.01%+5,460+23.3%Added
Carson Advisory Inc.28,981$2.01M1.05%−149−0.5%Reduced
Savant Capital, LLC29,070$2.02M0.01%+1,198+4.3%Added
Resources Investment Advisors, LLC.29,175$2.02M0.02%+13,437+85.4%Added
Affinity Investment Advisors, LLC29,291$2.03M1.35%−1,894−6.1%Reduced
Hancock Whitney Corp29,367$2.04M0.04%+1,478+5.3%Added
Ci Investments Inc.29,619$2.06M0.01%+13,122+79.5%Added
Norinchukin Bank, The29,808$2.07M0.02%+247+0.8%Added
FIL Ltd30,000$2.08M0.00%00.0%Unchanged
New Mexico Educational Retirement Board30,000$2.08M0.06%+500+1.7%Added
Callan Family Office, LLC30,076$2.09M0.04%+10,991+57.6%Added
Forsta Ap-Fonden31,300$2.17M0.01%−200−0.6%Reduced
Edgestream Partners, L.P.31,344$2.18M0.06%+31,344New
Park Avenue Securities LLC31,400$2.18M0.02%+3,195+11.3%Added
Commerce Bank31,696$2.20M0.01%−76−0.2%Reduced
MidWestOne Financial Group, Inc.32,168$2.23M0.25%−10,460−24.5%Reduced
Sumitomo Mitsui DS Asset Management Company, Ltd32,371$2.25M0.02%+1,324+4.3%Added
Maryland State Retirement & Pension System32,524$2.26M0.05%00.0%Unchanged
Kovitz Investment Group Partners, LLC32,681$2.27M0.05%−52,953−61.8%Reduced
JT Stratford LLC32,910$2.28M0.29%+6,640+25.3%Added
Virtus Investment Advisers, Inc.32,966$2.29M0.62%+21+0.1%Added
Louisiana State Employees Retirement System33,100$2.30M0.04%−900−2.6%Reduced
Kingsview Wealth Management, LLC33,302$2.31M0.03%+4,827+17.0%Added
Phoenix Holdings Ltd.34,106$2.37M0.03%−6,315−15.6%Reduced
Fideuram - Intesa Sanpaolo Private Banking S.P.A.34,291$2.38M0.09%+34,291New
Lee Danner & Bass Inc34,601$2.40M0.17%−1,420−3.9%Reduced
AE Wealth Management LLC34,787$2.41M0.01%+11,920+52.1%Added
Swiss Life Asset Management Ltd34,826$2.42M0.01%+9,666+38.4%Added
Sculati Wealth Management, LLC35,082$2.43M0.86%−49−0.1%Reduced
Warren Averett Asset Management, LLC35,117$2.44M0.02%+13,540+62.8%Added
Jaffetilchin Investment Partners, LLC35,225$2.44M0.14%−7,305−17.2%Reduced
Freestone Grove Partners LP35,348$2.45M0.02%+35,348New
Sowell Financial Services LLC35,718$2.48M0.09%+518+1.5%Added
Cetera Trust Company, N.A36,154$2.51M1.34%+500+1.4%Added
Park National Corp36,250$2.52M0.08%−110.0%Reduced
Intercapital, LLC37,000$2.57M1.35%+37,000New
Schear Investment Advisers, LLC37,305$2.59M1.11%+1,194+3.3%Added
Regent Peak Wealth Advisors LLC37,334$2.59M0.51%−33,233−47.1%Reduced
Hartford Investment Management Co37,422$2.60M0.08%−611−1.6%Reduced
SRS Capital Advisors, Inc.37,663$2.61M0.08%−290,170−88.5%Reduced
Man Group plc38,525$2.67M0.01%−53,058−57.9%Reduced
Leonteq Securities AG39,312$2.73M0.15%−30,591−43.8%Reduced
Dark Forest Capital Management LP39,502$2.74M0.13%−23,488−37.3%Reduced
Woodmont Investment Counsel LLC39,797$2.76M0.17%+194+0.5%Added
Hennessy Advisors Inc39,800$2.76M0.10%−700−1.7%Reduced
Mount Vernon Associates Inc40,000$2.78M1.87%−100−0.2%Reduced
Empirical Financial Services, LLC d.b.a. Empirical Wealth Management40,465$2.81M0.05%+3,284+8.8%Added
Wright Investors Service Inc40,861$2.84M0.85%+302+0.7%Added
Kentucky Retirement Systems40,946$2.84M0.08%00.0%Unchanged
Allspring Global Investments Holdings, LLC41,492$2.87M0.00%+2,797+7.2%Added
Cinctive Capital Management LP41,356$2.87M0.17%−251,375−85.9%Reduced
Ninety One North America, Inc.41,414$2.87M0.12%+41,414New
DekaBank Deutsche Girozentrale52,055$2.88M0.01%00.0%Unchanged
Assetmark, Inc41,926$2.91M0.01%+104+0.2%Added
Summit Financial, LLC42,446$2.95M0.04%−1,716−3.9%Reduced
Jackson Hole Capital Partners, LLC42,472$2.95M0.50%+80+0.2%Added
Pallas Capital Advisors LLC42,966$2.98M0.10%+880+2.1%Added
Mizuho Securities USA LLC47,230$3.03M0.05%−110.0%Reduced
Sequoia Financial Advisors, LLC44,302$3.07M0.02%+15,531+54.0%Added
NewEdge Wealth, LLC44,374$3.08M0.03%+7,024+18.8%Added
Arizona State Retirement System44,918$3.12M0.02%−3,320−6.9%Reduced
Econ Financial Services Corp46,025$3.19M1.60%+3,809+9.0%Added
Independent Advisor Alliance46,293$3.21M0.08%−7,308−13.6%Reduced
Zurcher Kantonalbank (Zurich Cantonalbank)46,536$3.23M0.01%−20,219−30.3%Reduced
Wiley Bros.-Aintree Capital, LLC46,578$3.24M0.02%+1,809+4.0%Added
CastleKnight Management LP46,700$3.24M0.18%+13,800+41.9%Added
CAPROCK Group, Inc.46,805$3.25M0.07%+26,527+130.8%Added
Summit Trail Advisors, LLC48,693$3.38M0.06%+11,965+32.6%Added
Brinker Capital Investments, LLC49,793$3.46M0.03%+27,935+127.8%Added
Citizens Financial Group Inc49,888$3.46M0.05%−5,236−9.5%Reduced
Entropy Technologies, LP50,101$3.48M0.19%+50,101New
Teachers Retirement System of the State of Kentucky50,161$3.48M0.03%00.0%Unchanged
Intellectus Partners, LLC50,300$3.49M0.67%−1,718−3.3%Reduced
Bridgeway Capital Management, LLC50,500$3.50M0.07%+50,500New
Buckingham Strategic Partners51,188$3.55M0.04%+11,710+29.7%Added
Lansforsakringar Fondforvaltning AB (publ)51,516$3.58M0.02%00.0%Unchanged
UniSuper Management Pty Ltd51,572$3.58M0.02%−6,271−10.8%Reduced
Polar Asset Management Partners Inc.52,100$3.62M0.07%+52,100New
Red Spruce Capital, LLC52,323$3.63M1.45%+1,061+2.1%Added
GWM Advisors LLC52,385$3.64M0.01%+4,710+9.9%Added
Utah Retirement Systems52,620$3.65M0.03%+144+0.3%Added
Vontobel Holding Ltd.53,423$3.71M0.01%−46,353−46.5%Reduced
Quadrant Private Wealth Management, LLC53,643$3.72M0.61%−413−0.8%Reduced
Steward Partners Investment Advisory, LLC54,655$3.79M0.02%−10,535−16.2%Reduced
SMA Capital LLC55,000$3.82M1.97%+55,000New
Private Advisor Group, LLC55,420$3.85M0.02%−315−0.6%Reduced
J. Safra Sarasin Holding AG55,559$3.86M0.06%+55,559New