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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
William John Sempolinski3,500$242.9K0.12%+3,500New
Smith, Salley & Associates3,505$243.2K0.01%+3,505New
Focused Wealth Management, Inc3,533$245.2K0.03%−10.0%Reduced
Freestone Capital Holdings, LLC3,567$247.5K0.01%−12−0.3%Reduced
SG Trading Solutions, LLC3,578$248.0K0.06%+3,578New
StoneX Group Inc.3,587$249.5K0.01%+3,587New
Premier Path Wealth Partners, LLC3,604$250.1K0.03%+3,604New
Shelton Capital Management3,624$251.5K0.00%00.0%Unchanged
CAP Partners, LLC3,673$254.9K0.14%−116−3.1%Reduced
Massmutual Trust Co FSB3,679$255.3K0.01%+221+6.4%Added
Banco BTG Pactual S.A.3,696$256.5K0.05%+3,696New
Hedges Asset Management LLC3,700$256.8K0.18%00.0%Unchanged
Apella Capital, LLC3,717$258.0K0.01%+164+4.6%Added
Asset Allocation Strategies LLC3,737$259.4K0.05%+11+0.3%Added
Paul Damon & Associates, Inc.3,779$262.2K0.12%−100−2.6%Reduced
Advance Capital Management, Inc.3,813$264.6K0.01%−179−4.5%Reduced
BCS Wealth Management3,814$264.7K0.03%+3,814New
Modera Wealth Management, LLC3,842$266.6K0.00%+57+1.5%Added
Texas Yale Capital Corp.3,854$267.5K0.01%00.0%Unchanged
SlateStone Wealth, LLC3,881$269.0K0.02%−798−17.1%Reduced
Moran Wealth Management, LLC3,896$270.4K0.01%−842−17.8%Reduced
Tocqueville Asset Management L.P.3,903$270.9K0.00%+3,903New
Kovack Advisors, Inc.3,909$271.3K0.01%+3,909New
Kathmere Capital Management, LLC3,911$271.4K0.02%+3,911New
Rexford Capital Inc3,944$273.7K0.21%00.0%Unchanged
Mason & Associates Inc3,958$274.7K0.05%−810−17.0%Reduced
Interchange Capital Partners, LLC3,970$275.5K0.05%+3,970New
XML Financial, LLC3,973$275.7K0.02%+3,973New
AlphaCentric Advisors LLC3,973$275.7K0.27%+3,973New
Cladis Investment Advisory, LLC4,000$277.6K0.15%00.0%Unchanged
Ausdal Financial Partners, Inc.4,026$279.4K0.01%+46+1.2%Added
Armis Advisers, LLC4,409$279.7K0.03%+102+2.4%Added
Strategic Family Wealth Counselors, L.L.C.4,161$280.7K0.06%+4,161New
PACK Private Wealth, LLC4,058$281.6K0.13%−170−4.0%Reduced
Wealthcare Advisory Partners LLC4,062$281.9K0.01%+4,062New
Calton & Associates, Inc.4,063$281.9K0.04%+10.0%Added
Riversedge Advisors, LLC4,072$282.6K0.05%+4,072New
Capital Analysts, LLC4,077$283.0K0.01%−86−2.1%Reduced
Second Half Financial Partners, LLC4,104$284.8K0.13%00.0%Unchanged
UMA Financial Services, Inc.4,107$285.0K0.04%−18−0.4%Reduced
Change Path, LLC4,129$286.5K0.01%−546−11.7%Reduced
Frec Markets, Inc.4,139$287.3K0.08%+4,139New
KWB Wealth4,188$290.7K0.03%+4,188New
Cardinal Point Capital Management, ULC4,200$291.5K0.02%00.0%Unchanged
Fortress Financial Group, LLC4,206$291.9K0.22%+18+0.4%Added
Foundations Investment Advisors, LLC4,260$295.6K0.00%−2,484−36.8%Reduced
Marex Group plc4,262$295.8K0.00%+4,262New
Strategies Wealth Advisors, LLC4,267$296.1K0.03%−188−4.2%Reduced
CVA Family Office, LLC4,286$297.4K0.03%+29+0.7%Added
Catalyst Financial Partners LLC4,304$298.7K0.03%+4,304New
Wahed Invest LLC4,306$298.8K0.04%−168−3.8%Reduced
United Bank4,314$299.4K0.10%−83−1.9%Reduced
Diversify Advisory Services, LLC4,255$299.7K0.01%−1,701−28.6%Reduced
Capital Advisory Group Advisory Services, LLC4,333$300.7K0.09%−300−6.5%Reduced
Venturi Wealth Management, LLC4,334$300.8K0.01%+4,334New
180 Wealth Advisors, LLC4,362$302.7K0.03%−7,830−64.2%Reduced
Financial Advisory Corp4,367$303.0K0.08%−250−5.4%Reduced
REDW Wealth LLC4,368$303.1K0.12%+10+0.2%Added
Daytona Street Capital LLC4,370$303.3K0.25%+4,370New
Kapstone Financial Advisors LLC4,375$303.6K0.15%00.0%Unchanged
Centiva Capital, LP4,377$303.8K0.02%+4,377New
Partners Wealth Management, LLC4,384$304.3K0.32%00.0%Unchanged
QTR Family Wealth, LLC4,113$306.3K0.13%+390+10.5%Added
Allegiance Financial Group Advisory Services LLC4,418$306.6K0.06%+635+16.8%Added
Fire Capital Management LLC4,420$306.7K0.15%+4,420New
Cowa, LLC4,425$307.1K0.09%+325+7.9%Added
Whittier Trust Co4,257$307.4K0.00%00.0%Unchanged
Navellier & Associates Inc4,430$307.4K0.03%00.0%Unchanged
Lifeworks Advisors, LLC4,432$307.6K0.04%−557−11.2%Reduced
Advisor OS, LLC4,464$309.8K0.02%−178−3.8%Reduced
Old Mission Investment Co LLC4,484$311.2K0.07%+20+0.4%Added
Sagewood Asset Management LP4,495$312.0K0.11%+4,495New
Deltec Asset Management LLC4,500$312.3K0.05%−16,200−78.3%Reduced
Penobscot Investment Management Company, Inc.4,500$312.3K0.02%00.0%Unchanged
PCM Encore, LLC4,505$312.7K0.07%+4,505New
Azimuth Capital Investment Management LLC4,525$314.0K0.01%00.0%Unchanged
Palisade Asset Management, LLC4,531$314.5K0.03%00.0%Unchanged
Lakeshore Financial Planning, Inc.4,533$314.6K0.11%+3+0.1%Added
Paragon Capital Management Ltd4,536$314.8K0.06%+14+0.3%Added
Diversified Trust Co4,569$317.1K0.01%+355+8.4%Added
Harbor Advisors LLC4,602$319.4K0.05%00.0%Unchanged
LRI Investments, LLC4,644$322.3K0.03%+154+3.4%Added
McHugh Group, LLC4,650$322.7K0.18%00.0%Unchanged
DV Trading LLC4,704$326.5K0.03%+4,704New
NBC Securities, Inc.4,712$327.1K0.02%+974+26.1%Added
First Financial Bank - Trust Division4,721$327.6K0.03%+150+3.3%Added
SmartHarvest Portfolios, LLC4,725$327.9K0.11%+4,725New
Arista Wealth Management, LLC4,744$329.2K0.04%−10,477−68.8%Reduced
MidFirst Bank4,748$329.5K0.03%+4,748New
Central Trust Co4,765$330.7K0.01%−212−4.3%Reduced
Main Street Research LLC4,768$330.9K0.02%+223+4.9%Added
RD Lewis Holdings, Inc.4,699$331.0K0.28%+39+0.8%Added
Oppenheimer & Co Inc4,789$332.4K0.00%−819−14.6%Reduced
Cahill Financial Advisors Inc4,823$334.7K0.04%−44−0.9%Reduced
Encompass More Asset Management4,839$335.9K0.06%+250+5.4%Added
Emerald Advisers, LLC4,857$337.1K0.01%−218−4.3%Reduced
Knightsbridge Asset Management, LLC4,871$338.0K0.05%+1,267+35.2%Added
Harbour Investments, Inc.4,891$339.5K0.01%−10.0%Reduced
Fisher Asset Management, LLC4,911$340.9K0.00%−467−8.7%Reduced
Aprio Wealth Management, LLC4,946$343.3K0.02%+4,946New