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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
Yousif Capital Management, LLC67,918$4.58M0.05%−12,770−15.8%Reduced
IHT Wealth Management, LLC65,977$4.58M0.11%−952−1.4%Reduced
M&T Bank Corp65,745$4.56M0.01%+22,737+52.9%Added
Woodline Partners LP65,033$4.51M0.02%+65,033New
Rakuten Investment Management, Inc.64,766$4.50M0.02%+60,330+1,360.0%Added
HRT Financial LP64,801$4.50M0.01%−121,610−65.2%Reduced
Vident Advisory, LLC64,676$4.49M0.04%−41,936−39.3%Reduced
Merit Financial Group, LLC64,254$4.46M0.04%+7,005+12.2%Added
State of Alaska, Department of Revenue64,250$4.46M0.05%−5,280−7.6%Reduced
Daiwa Securities Group Inc.63,558$4.41M0.01%+2,742+4.5%Added
Cookson Peirce & Co Inc63,376$4.40M0.18%+3,147+5.2%Added
Pathstone Holdings, LLC62,416$4.33M0.02%−10,424−14.3%Reduced
1832 Asset Management L.P.62,122$4.31M0.01%+45,499+273.7%Added
Mn Services Vermogensbeheer B.V.61,759$4.29M0.03%+759+1.2%Added
Sterling Capital Management LLC61,716$4.28M0.07%+9,579+18.4%Added
Schroder Investment Management Group61,068$4.24M0.00%+61,068New
Lido Advisors, LLC74,145$4.23M0.02%+60+0.1%Added
Everest Financial Group LLC60,219$4.18M0.94%+60,219New
National Pension Service60,218$4.18M0.00%+39,048+184.4%Added
Steamboat Capital Partners, LLC59,680$4.14M1.14%−212−0.4%Reduced
UBS Oconnor LLC58,731$4.08M0.11%−56,417−49.0%Reduced
Meiji Yasuda America Inc58,657$4.07M0.93%+58,657New
Anderson Hoagland & Co58,465$4.06M0.35%−2,977−4.8%Reduced
Walleye Capital LLC58,227$4.04M0.02%+34,160+141.9%Added
Global Wealth Management Investment Advisory, Inc.57,383$3.98M0.64%+1,494+2.7%Added
Stance Capital LLC56,637$3.93M1.45%−18,084−24.2%Reduced
Resona Asset Management Co.,Ltd.56,339$3.91M0.02%−1,023−1.8%Reduced
State of New Jersey Common Pension Fund D56,292$3.91M0.01%+11,209+24.9%Added
Concentric Capital Strategies, LP56,283$3.91M0.20%+56,283New
Balyasny Asset Management LLC56,269$3.91M0.01%−3,068−5.2%Reduced
EULAV Asset Management56,062$3.89M0.10%−7,938−12.4%Reduced
Farmers & Merchants Investments Inc55,751$3.87M0.11%−63,093−53.1%Reduced
J. Safra Sarasin Holding AG55,559$3.86M0.06%+55,559New
Private Advisor Group, LLC55,420$3.85M0.02%−315−0.6%Reduced
SMA Capital LLC55,000$3.82M1.97%+55,000New
Steward Partners Investment Advisory, LLC54,655$3.79M0.02%−10,535−16.2%Reduced
Quadrant Private Wealth Management, LLC53,643$3.72M0.61%−413−0.8%Reduced
Vontobel Holding Ltd.53,423$3.71M0.01%−46,353−46.5%Reduced
Utah Retirement Systems52,620$3.65M0.03%+144+0.3%Added
GWM Advisors LLC52,385$3.64M0.01%+4,710+9.9%Added
Red Spruce Capital, LLC52,323$3.63M1.45%+1,061+2.1%Added
Polar Asset Management Partners Inc.52,100$3.62M0.07%+52,100New
UniSuper Management Pty Ltd51,572$3.58M0.02%−6,271−10.8%Reduced
Lansforsakringar Fondforvaltning AB (publ)51,516$3.58M0.02%00.0%Unchanged
Buckingham Strategic Partners51,188$3.55M0.04%+11,710+29.7%Added
Bridgeway Capital Management, LLC50,500$3.50M0.07%+50,500New
Intellectus Partners, LLC50,300$3.49M0.67%−1,718−3.3%Reduced
Teachers Retirement System of the State of Kentucky50,161$3.48M0.03%00.0%Unchanged
Entropy Technologies, LP50,101$3.48M0.19%+50,101New
Citizens Financial Group Inc49,888$3.46M0.05%−5,236−9.5%Reduced
Brinker Capital Investments, LLC49,793$3.46M0.03%+27,935+127.8%Added
Summit Trail Advisors, LLC48,693$3.38M0.06%+11,965+32.6%Added
CAPROCK Group, Inc.46,805$3.25M0.07%+26,527+130.8%Added
CastleKnight Management LP46,700$3.24M0.18%+13,800+41.9%Added
Wiley Bros.-Aintree Capital, LLC46,578$3.24M0.02%+1,809+4.0%Added
Zurcher Kantonalbank (Zurich Cantonalbank)46,536$3.23M0.01%−20,219−30.3%Reduced
Independent Advisor Alliance46,293$3.21M0.08%−7,308−13.6%Reduced
Econ Financial Services Corp46,025$3.19M1.60%+3,809+9.0%Added
Arizona State Retirement System44,918$3.12M0.02%−3,320−6.9%Reduced
NewEdge Wealth, LLC44,374$3.08M0.03%+7,024+18.8%Added
Sequoia Financial Advisors, LLC44,302$3.07M0.02%+15,531+54.0%Added
Mizuho Securities USA LLC47,230$3.03M0.05%−110.0%Reduced
Pallas Capital Advisors LLC42,966$2.98M0.10%+880+2.1%Added
Jackson Hole Capital Partners, LLC42,472$2.95M0.50%+80+0.2%Added
Summit Financial, LLC42,446$2.95M0.04%−1,716−3.9%Reduced
Assetmark, Inc41,926$2.91M0.01%+104+0.2%Added
DekaBank Deutsche Girozentrale52,055$2.88M0.01%00.0%Unchanged
Ninety One North America, Inc.41,414$2.87M0.12%+41,414New
Cinctive Capital Management LP41,356$2.87M0.17%−251,375−85.9%Reduced
Allspring Global Investments Holdings, LLC41,492$2.87M0.00%+2,797+7.2%Added
Kentucky Retirement Systems40,946$2.84M0.08%00.0%Unchanged
Wright Investors Service Inc40,861$2.84M0.85%+302+0.7%Added
Empirical Financial Services, LLC d.b.a. Empirical Wealth Management40,465$2.81M0.05%+3,284+8.8%Added
Mount Vernon Associates Inc40,000$2.78M1.87%−100−0.2%Reduced
Hennessy Advisors Inc39,800$2.76M0.10%−700−1.7%Reduced
Woodmont Investment Counsel LLC39,797$2.76M0.17%+194+0.5%Added
Dark Forest Capital Management LP39,502$2.74M0.13%−23,488−37.3%Reduced
Leonteq Securities AG39,312$2.73M0.15%−30,591−43.8%Reduced
Man Group plc38,525$2.67M0.01%−53,058−57.9%Reduced
SRS Capital Advisors, Inc.37,663$2.61M0.08%−290,170−88.5%Reduced
Hartford Investment Management Co37,422$2.60M0.08%−611−1.6%Reduced
Regent Peak Wealth Advisors LLC37,334$2.59M0.51%−33,233−47.1%Reduced
Schear Investment Advisers, LLC37,305$2.59M1.11%+1,194+3.3%Added
Intercapital, LLC37,000$2.57M1.35%+37,000New
Park National Corp36,250$2.52M0.08%−110.0%Reduced
Cetera Trust Company, N.A36,154$2.51M1.34%+500+1.4%Added
Sowell Financial Services LLC35,718$2.48M0.09%+518+1.5%Added
Freestone Grove Partners LP35,348$2.45M0.02%+35,348New
Jaffetilchin Investment Partners, LLC35,225$2.44M0.14%−7,305−17.2%Reduced
Warren Averett Asset Management, LLC35,117$2.44M0.02%+13,540+62.8%Added
Sculati Wealth Management, LLC35,082$2.43M0.86%−49−0.1%Reduced
Swiss Life Asset Management Ltd34,826$2.42M0.01%+9,666+38.4%Added
AE Wealth Management LLC34,787$2.41M0.01%+11,920+52.1%Added
Lee Danner & Bass Inc34,601$2.40M0.17%−1,420−3.9%Reduced
Fideuram - Intesa Sanpaolo Private Banking S.P.A.34,291$2.38M0.09%+34,291New
Phoenix Holdings Ltd.34,106$2.37M0.03%−6,315−15.6%Reduced
Kingsview Wealth Management, LLC33,302$2.31M0.03%+4,827+17.0%Added
Louisiana State Employees Retirement System33,100$2.30M0.04%−900−2.6%Reduced
Virtus Investment Advisers, Inc.32,966$2.29M0.62%+21+0.1%Added
JT Stratford LLC32,910$2.28M0.29%+6,640+25.3%Added