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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
Aviva PLC139,781$9.70M0.02%+9,791+7.5%Added
Toronto Dominion Bank139,267$9.67M0.02%−29,629−17.5%Reduced
American Financial Advisors, LLC137,995$9.58M1.24%+2,845+2.1%Added
QRG Capital Management, Inc.137,775$9.56M0.11%+3,647+2.7%Added
Amalgamated Bank135,153$9.38M0.07%+10,876+8.8%Added
Truist Financial Corp134,981$9.37M0.01%−2,313−1.7%Reduced
Colony Group, LLC132,348$9.17M0.01%+76,674+137.7%Added
BNP PARIBAS ASSET MANAGEMENT Holding S.A.131,401$9.12M0.01%+62,646+91.1%Added
US Bancorp129,634$9.00M0.01%−2,394−1.8%Reduced
Verition Fund Management LLC128,566$8.92M0.05%−39,937−23.7%Reduced
Signaturefd, LLC128,215$8.90M0.14%−13,473−9.5%Reduced
Ingalls & Snyder LLC128,159$8.89M0.33%−420.0%Reduced
ExodusPoint Capital Management, LP127,721$8.86M0.10%+27,571+27.5%Added
Compass Capital Management, Inc126,819$8.80M0.49%−37,026−22.6%Reduced
J. Goldman & Co LP126,007$8.74M0.34%+126,007New
Aristides Capital LLC125,332$8.70M3.01%+5,630+4.7%Added
Walleye Trading LLC125,082$8.68M0.14%−121,713−49.3%Reduced
ProShare Advisors LLC124,848$8.66M0.02%+10,297+9.0%Added
Fidelis Capital Partners, LLC124,276$8.62M0.63%+106,262+589.9%Added
BW Gestao de Investimentos Ltda.123,000$8.54M0.30%+123,000New
Janney Montgomery Scott LLC122,885$8.53M0.02%−59,963−32.8%Reduced
KWMG, LLC122,685$8.51M0.73%+864+0.7%Added
Arrow Capital Pty Ltd120,000$8.33M7.98%+10,000+9.1%Added
MML Investors Services, LLC119,924$8.32M0.02%−56,128−31.9%Reduced
Intech Investment Management LLC117,320$8.14M0.07%+11,331+10.7%Added
Hourglass Capital, LLC113,814$7.90M1.70%−2,310−2.0%Reduced
Pictet Asset Management Holding SA113,598$7.88M0.01%−38,032−25.1%Reduced
Factory Mutual Insurance Co113,400$7.87M0.08%−4,600−3.9%Reduced
South Dakota Investment Council113,378$7.87M0.15%−69,107−37.9%Reduced
IMC-Chicago, LLC110,490$7.67M0.13%+8,278+8.1%Added
Ninety One SA (PTY) Ltd109,454$7.60M0.33%00.0%Unchanged
Family Office Research LLC109,018$7.58M3.11%00.0%Unchanged
Mirae Asset Global Investments Co., Ltd.107,173$7.44M0.02%+19,829+22.7%Added
Swedbank AB106,598$7.40M0.01%00.0%Unchanged
Nordea Investment Management AB106,043$7.38M0.01%+49,076+86.1%Added
Nisa Investment Advisors, LLC105,339$7.31M0.02%+1,809+1.7%Added
JustInvest LLC105,083$7.29M0.07%+7,326+7.5%Added
Harvest Portfolios Group Inc.104,937$7.28M0.13%−10,118−8.8%Reduced
Highland Capital Management, LLC104,064$7.22M0.36%−3,676−3.4%Reduced
NEOS Investment Management LLC102,906$7.14M0.04%+17,735+20.8%Added
L & S Advisors Inc102,273$7.10M0.66%+102,273New
Olstein Capital Management, L.P.102,100$7.09M1.45%−31,900−23.8%Reduced
Captrust Financial Advisors101,456$7.04M0.01%+7,310+7.8%Added
United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund101,207$7.02M0.10%+101,207New
U.S. Capital Wealth Advisors, LLC101,057$7.01M0.18%+9,964+10.9%Added
Police & Firemen's Retirement System of New Jersey100,136$6.95M0.06%−4,980−4.7%Reduced
Comerica Bank99,248$6.89M0.03%−12,540−11.2%Reduced
Storebrand Asset Management AS98,375$6.83M0.02%+7,292+8.0%Added
USS Investment Management Ltd97,822$6.79M0.03%00.0%Unchanged
Focus Financial Network, Inc.95,458$6.62M0.23%+20,401+27.2%Added
New York Life Investment Management LLC93,655$6.50M0.06%+6,176+7.1%Added
iA Global Asset Management Inc.92,142$6.39M0.08%+32,014+53.2%Added
Jones Financial Companies LLLP92,024$6.39M0.00%+271+0.3%Added
Black Cypress Capital Management, LLC91,247$6.33M4.42%−582−0.6%Reduced
State of Wisconsin Investment Board91,180$6.33M0.01%+5,767+6.8%Added
Oddo BHF Asset Management SAS89,810$6.23M0.23%+49,057+120.4%Added
Howard Capital Management Inc.88,784$6.16M0.08%+190.0%Added
Allworth Financial LP88,709$6.16M0.03%−24,370−21.6%Reduced
Clearstead Advisors, LLC88,686$6.15M0.08%−150−0.2%Reduced
Mitsubishi UFJ Trust & Banking Corp88,179$6.12M0.01%−97,246−52.4%Reduced
Mirae Asset Global ETFs Holdings Ltd.87,669$6.08M0.01%−57,092−39.4%Reduced
Inspire Trust Co, N.A.87,000$6.04M0.99%−3,000−3.3%Reduced
KMG Fiduciary Partners, LLC85,711$5.95M0.42%+1,237+1.5%Added
KBC Group NV85,432$5.93M0.01%−8,519−9.1%Reduced
Asset Management One Co.,Ltd.84,439$5.87M0.02%+1,044+1.3%Added
Toroso Investments, LLC83,730$5.81M0.02%+8,847+11.8%Added
Game Creek Capital, LP83,625$5.80M2.20%−3,500−4.0%Reduced
Pinnacle Associates Ltd83,066$5.76M0.07%+604+0.7%Added
Mackenzie Financial Corp81,931$5.67M0.01%−49,678−37.7%Reduced
Strategic Blueprint, LLC81,288$5.64M0.33%−17,491−17.7%Reduced
Royal London Asset Management Ltd80,963$5.62M0.01%+4,152+5.4%Added
New Age Alpha Advisors, LLC79,031$5.48M0.24%+36,786+87.1%Added
EFG International AG79,004$5.48M0.11%+79,004New
AustralianSuper Pty Ltd77,327$5.37M0.02%+70.0%Added
AIA Group Ltd77,200$5.36M0.08%+3,094+4.2%Added
Albar Capital Partners LLP76,968$5.34M1.26%+76,968New
KKM Financial LLC76,712$5.32M0.95%+10,736+16.3%Added
Capital International Ltd76,654$5.32M0.19%−1,108−1.4%Reduced
STRS Ohio75,622$5.25M0.02%+270.0%Added
Bridgewater Associates, LP74,859$5.20M0.02%−16,110−17.7%Reduced
Oregon Public Employees Retirement Fund74,223$5.15M0.07%+100+0.1%Added
CIBC World Markets Corp73,387$5.09M0.03%+73,387New
Rafferty Asset Management, LLC73,324$5.09M0.02%+152+0.2%Added
Brevan Howard Capital Management LP72,900$5.07M0.10%−44,019−37.6%Reduced
Kestra Advisory Services, LLC72,616$5.04M0.02%+2,263+3.2%Added
Nomura Asset Management Co Ltd72,385$5.02M0.01%+1,362+1.9%Added
Fifth Third Bancorp71,453$4.96M0.02%−340.0%Reduced
Evolve Private Wealth, LLC70,822$4.92M0.29%+70,822New
Scopus Asset Management, L.P.70,000$4.86M0.14%+15,000+27.3%Added
Mutual of America Capital Management LLC69,666$4.83M0.05%−662−0.9%Reduced
GLOBALT Investments LLC69,660$4.83M0.18%−1,443−2.0%Reduced
KLP Kapitalforvaltning AS69,601$4.83M0.02%00.0%Unchanged
APG Asset Management N.V.81,554$4.82M0.01%−11,746−12.6%Reduced
Osmosis Investment Management UK Ltd69,402$4.82M0.12%+69,402New
Vestmark Advisory Solutions, Inc.69,264$4.81M0.06%+56,203+430.3%Added
Baird Financial Group, Inc.68,045$4.72M0.01%+123+0.2%Added
Marshall Wace, LLP67,600$4.69M0.00%−1,195,720−94.6%Reduced
Bank of Nova Scotia67,098$4.66M0.01%+16,775+33.3%Added
Northwestern Mutual Wealth Management Co66,782$4.63M0.00%+4,579+7.4%Added
DnB Asset Management AS66,426$4.61M0.02%−643−1.0%Reduced