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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 $54.3B 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
Anchor Investment Management, LLC476$33.0K0.00%00.0%Unchanged
Bogart Wealth, LLC479$33.2K0.00%+1+0.2%Added
Adkins Seale Capital Management LLC483$33.5K0.03%+483New
Camelot Portfolios, LLC485$33.7K0.02%+485New
Harel Insurance Investments & Financial Services Ltd.489$34.0K0.00%−395,700−99.9%Reduced
Cornerstone Planning Group LLC524$34.5K0.01%+429+451.6%Added
Piscataqua Savings Bank500$34.7K0.02%00.0%Unchanged
Paladin Advisory Group, LLC500$34.7K0.03%00.0%Unchanged
Berbice Capital Management LLC500$34.7K0.02%00.0%Unchanged
Crews Bank & Trust500$34.7K0.00%00.0%Unchanged
Byrne Asset Management LLC500$34.7K0.02%+500New
Quest Partners LLC501$34.8K0.00%+57+12.8%Added
Atlantic Union Bankshares Corp513$35.6K0.00%−817−61.4%Reduced
Beacon Financial Strategies CORP515$35.7K0.02%+515New
Signature Resources Capital Management, LLC520$36.1K0.02%+9+1.8%Added
Albion Financial Group523$36.3K0.00%00.0%Unchanged
Kayne Anderson Rudnick Investment Management LLC529$36.7K0.00%+15+2.9%Added
Bartlett & Co. Wealth Management LLC530$36.8K0.00%+65+14.0%Added
Rakuten Securities, Inc.554$38.4K0.01%+26+4.9%Added
Harbor Investment Advisory, LLC557$38.7K0.00%+1+0.2%Added
Ogorek Anthony Joseph574$39.0K0.01%−36−5.9%Reduced
Investment Research & Advisory Group, Inc.552$39.1K0.01%00.0%Unchanged
Eastern Bank563$39.1K0.00%+3+0.5%Added
Graney & King, LLC566$39.3K0.02%00.0%Unchanged
Missouri Trust & Investment Co602$41.8K0.01%00.0%Unchanged
Ritter Daniher Financial Advisory LLC604$41.9K0.01%+1+0.2%Added
Measured Wealth Private Client Group, LLC620$43.0K0.01%00.0%Unchanged
Crewe Advisors LLC621$43.1K0.00%+8+1.3%Added
Reflection Asset Management632$43.9K0.03%+632New
Modus Advisors, LLC636$44.1K0.01%+636New
Quattro Advisors LLC643$44.7K0.04%+643New
First Command Advisory Services, Inc.645$44.8K0.00%+103+19.0%Added
Kimelman & Baird, LLC650$45.1K0.00%00.0%Unchanged
First Horizon Corp663$46.0K0.00%00.0%Unchanged
Millstone Evans Group, LLC665$46.2K0.03%−100−13.1%Reduced
Wilkerson Advisory Group LLC667$46.3K0.02%+667New
MV Capital Management, Inc.669$46.4K0.00%+2+0.3%Added
Ankerstar Wealth, LLC692$48.1K0.05%+692New
N.E.W. Advisory Services LLC699$48.5K0.00%+1+0.1%Added
Wealth Preservation Advisors, LLC700$48.6K0.02%00.0%Unchanged
Plante Moran Financial Advisors, LLC704$48.9K0.00%00.0%Unchanged
Alphadyne Asset Management LP729$50.6K0.01%+729New
Evolution Advisers, Inc.759$52.0K0.02%00.0%Unchanged
Kilter Group LLC750$52.0K0.02%+38+5.3%Added
Elyxium Wealth, LLC767$53.2K0.01%+767New
Optima Capital LLC779$54.1K0.02%+779New
Sound Income Strategies, LLC776$54.6K0.00%−8−1.0%Reduced
JFS Wealth Advisors, LLC794$55.1K0.00%+161+25.4%Added
Fourth Dimension Wealth, LLC795$55.2K0.02%00.0%Unchanged
Wellington Shields Capital Management, LLC801$55.6K0.01%−1,000−55.5%Reduced
Prosperity Bancshares Inc805$55.9K0.05%+805New
Fideuram Asset Management (Ireland) dac894$55.9K0.00%+894New
TD Capital Management LLC812$56.3K0.00%+3+0.4%Added
Silvant Capital Management LLC820$56.9K0.00%00.0%Unchanged
GW&K Investment Management, LLC824$57.0K0.00%+47+6.0%Added
Private Wealth Management Group, LLC841$58.4K0.02%−150−15.1%Reduced
Wellington-Altus USA Inc.850$59.0K0.04%+850New
MCF Advisors LLC881$61.1K0.00%−257−22.6%Reduced
Barrett & Company, Inc.900$62.5K0.02%00.0%Unchanged
Alerus Financial NA900$62.5K0.00%00.0%Unchanged
SJS Investment Consulting Inc.906$62.9K0.01%−277−23.4%Reduced
DV Equities, LLC907$62.9K0.01%+907New
William B. Walkup & Associates, Inc.920$63.8K0.03%00.0%Unchanged
Smithfield Trust Co937$65.0K0.00%00.0%Unchanged
West Branch Capital LLC1,000$69.4K0.02%+990+9,900.0%Added
Thurston, Springer, Miller, Herd & Titak, Inc.1,016$70.6K0.02%+933+1,124.1%Added
Medallion Wealth Advisors, LLC1,021$70.9K0.02%+171+20.1%Added
Rossby Financial, LCC1,022$70.9K0.02%−596−36.8%Reduced
GoalVest Advisory LLC1,042$72.3K0.01%00.0%Unchanged
HighMark Wealth Management LLC1,044$72.5K0.03%+3+0.3%Added
Community Bank, N.A.1,057$73.4K0.01%00.0%Unchanged
TD Waterhouse Canada Inc.1,074$74.5K0.00%−75−6.5%Reduced
CNB Bank1,078$74.8K0.03%−20−1.8%Reduced
Arlington Trust Co LLC1,100$76.3K0.01%−50−4.3%Reduced
Caitlin John, LLC1,189$82.5K0.05%−1,319−52.6%Reduced
Bryn Mawr Trust Co1,235$85.7K0.00%00.0%Unchanged
Hilltop National Bank1,267$87.9K0.02%+1,267New
PMV Capital Advisers, LLC1,301$90.3K0.16%+1,300+130,000.0%Added
City State Bank1,395$96.8K0.03%−135−8.8%Reduced
Oakworth Capital, Inc.1,408$97.7K0.01%−4−0.3%Reduced
Armstrong Advisory Group, Inc1,415$98.2K0.01%−186−11.6%Reduced
Basecamp Wealth Advisors LLC1,426$98.9K0.02%+1,426New
Laurel Wealth Advisors LLC1,461$101.3K0.01%+1,461New
American Capital Advisory, LLC1,489$103.3K0.04%+4+0.3%Added
Geneos Wealth Management Inc.1,508$104.7K0.00%00.0%Unchanged
Catalyst Capital Advisors LLC1,516$105.2K0.00%−222−12.8%Reduced
Cullen/Frost Bankers, Inc.1,543$107.0K0.00%+1,491+2,867.3%Added
Olistico Wealth, LLC1,575$109.3K0.05%+1,575New
Thompson Investment Management, Inc.1,600$111.0K0.01%+400+33.3%Added
Johnson Financial Group, Inc.1,607$111.5K0.00%+241+17.6%Added
High Note Wealth, LLC1,621$112.5K0.02%+12+0.7%Added
GHP Investment Advisors, Inc.1,635$113.5K0.00%00.0%Unchanged
Country Trust Bank1,666$115.6K0.00%00.0%Unchanged
IMA Wealth, Inc.1,676$116.3K0.01%+106+6.8%Added
Sentry Investment Management LLC1,692$117.0K0.08%−648−27.7%Reduced
Bay Harbor Wealth Management, LLC1,718$119.2K0.03%−179−9.4%Reduced
True Wealth Design, LLC1,770$122.8K0.04%+344+24.1%Added
Paradigm Asset Management Co LLC1,800$124.9K0.03%−200−10.0%Reduced
Chilton Capital Management LLC1,809$125.5K0.00%+9+0.5%Added
Onefund, LLC1,829$126.9K0.08%+110+6.4%Added