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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
Kovitz Investment Group Partners, LLC32,681$2.27M0.05%−52,953−61.8%Reduced
Maryland State Retirement & Pension System32,524$2.26M0.05%00.0%Unchanged
Sumitomo Mitsui DS Asset Management Company, Ltd32,371$2.25M0.02%+1,324+4.3%Added
MidWestOne Financial Group, Inc.32,168$2.23M0.25%−10,460−24.5%Reduced
Commerce Bank31,696$2.20M0.01%−76−0.2%Reduced
Park Avenue Securities LLC31,400$2.18M0.02%+3,195+11.3%Added
Edgestream Partners, L.P.31,344$2.18M0.06%+31,344New
Forsta Ap-Fonden31,300$2.17M0.01%−200−0.6%Reduced
Callan Family Office, LLC30,076$2.09M0.04%+10,991+57.6%Added
FIL Ltd30,000$2.08M0.00%00.0%Unchanged
New Mexico Educational Retirement Board30,000$2.08M0.06%+500+1.7%Added
Norinchukin Bank, The29,808$2.07M0.02%+247+0.8%Added
Ci Investments Inc.29,619$2.06M0.01%+13,122+79.5%Added
Hancock Whitney Corp29,367$2.04M0.04%+1,478+5.3%Added
Affinity Investment Advisors, LLC29,291$2.03M1.35%−1,894−6.1%Reduced
Resources Investment Advisors, LLC.29,175$2.02M0.02%+13,437+85.4%Added
Savant Capital, LLC29,070$2.02M0.01%+1,198+4.3%Added
Carson Advisory Inc.28,981$2.01M1.05%−149−0.5%Reduced
British Columbia Investment Management Corp28,924$2.01M0.01%+5,460+23.3%Added
Stevens Capital Management LP28,777$2.00M0.70%+14,001+94.8%Added
Inlet Private Wealth, LLC28,664$1.99M0.46%−8,300−22.5%Reduced
Federation des caisses Desjardins du Quebec28,633$1.99M0.01%+2,975+11.6%Added
Patten & Patten Inc28,341$1.97M0.12%−2,148−7.0%Reduced
Elo Mutual Pension Insurance Co28,261$1.96M0.03%+4,390+18.4%Added
IFM Investors Pty Ltd28,167$1.96M0.02%+144+0.5%Added
Fiduciary Trust Co27,920$1.94M0.02%+972+3.6%Added
Lighthouse Investment Partners, LLC27,544$1.91M0.06%−22,456−44.9%Reduced
Oppenheimer Asset Management Inc.27,538$1.91M0.02%−4,740−14.7%Reduced
Guerra Pan Advisors, LLC27,439$1.90M1.13%−110−0.4%Reduced
Mount Lucas Management LP27,128$1.88M0.83%+279+1.0%Added
Essential Partners LLC27,060$1.88M0.58%+610+2.3%Added
Everence Capital Management Inc26,930$1.87M0.11%00.0%Unchanged
Icon Advisers Inc26,900$1.87M0.40%−25,700−48.9%Reduced
Oxinas Partners Wealth Management LLC26,801$1.86M0.90%+16+0.1%Added
MUFG Securities EMEA plc26,621$1.85M0.02%+14,206+114.4%Added
CIBC Private Wealth Group, LLC26,420$1.83M0.00%+56+0.2%Added
Prime Capital Investment Advisors, LLC26,184$1.82M0.02%+6,924+36.0%Added
Ellis Investment Partners, LLC26,008$1.81M0.31%−851−3.2%Reduced
PensionDanmark Pensionsforsikringsaktieselskab25,983$1.80M0.02%+25,983New
Jefferson Bridge Capital, LLC25,750$1.79M1.80%+25,750New
Easterly Investment Partners LLC25,737$1.79M0.11%−25−0.1%Reduced
Healthcare of Ontario Pension Plan Trust Fund25,641$1.78M0.00%−35−0.1%Reduced
SCS Capital Management LLC25,498$1.77M0.02%−12,390−32.7%Reduced
Meeder Advisory Services, Inc.25,401$1.76M0.08%+2,030+8.7%Added
Krilogy Financial LLC25,849$1.74M0.06%+4,597+21.6%Added
one8zero8, LLC25,105$1.74M0.38%−500−2.0%Reduced
Acadian Asset Management LLC25,128$1.74M0.00%+18,628+286.6%Added
Wesbanco Bank Inc25,044$1.74M0.05%−2,025−7.5%Reduced
Syon Capital LLC24,543$1.70M0.08%+7,465+43.7%Added
Eurizon Capital SGR S.p.A.24,492$1.70M0.01%+24,492New
IKE Capital, LLC24,424$1.70M1.48%+24,424New
Convergence Investment Partners, LLC24,344$1.69M0.34%+5,707+30.6%Added
Polianta Ltd24,100$1.67M0.22%00.0%Unchanged
Snowden Capital Advisors LLC24,033$1.67M0.04%+330+1.4%Added
Heritage Trust Co23,999$1.67M0.17%+170+0.7%Added
Foster Group, Inc.23,984$1.66M0.05%+110+0.5%Added
Nissay Asset Management Corp23,740$1.65M0.01%+510+2.2%Added
Aaron Wealth Advisors23,683$1.64M0.09%+9,608+68.3%Added
United Capital Financial Advisers, LLC23,641$1.64M0.01%+1,053+4.7%Added
CWC Advisors, LLC.23,399$1.62M0.78%−103−0.4%Reduced
Principal Securities, Inc.23,211$1.61M0.02%+473+2.1%Added
Meridian Wealth Management, LLC23,118$1.61M0.06%−2,265−8.9%Reduced
Global Retirement Partners, LLC23,095$1.60M0.03%+9,241+66.7%Added
RSM US Wealth Management LLC23,108$1.60M0.02%−610−2.6%Reduced
Lederer & Associates Investment Counsel22,678$1.57M1.06%−2,340−9.4%Reduced
Fisher Funds Management LTD22,548$1.56M0.04%00.0%Unchanged
Keybank National Association22,458$1.56M0.01%+778+3.6%Added
Metis Global Partners, LLC22,456$1.56M0.04%−1,123−4.8%Reduced
Benjamin Edwards Inc22,407$1.56M0.02%+1,764+8.5%Added
Generali Asset Management SPA SGR22,384$1.55M0.03%−13,060−36.8%Reduced
North Dakota State Investment Board22,369$1.55M0.06%+22,369New
Aspire Private Capital, LLC22,236$1.54M0.34%−957−4.1%Reduced
Intrust Bank NA22,047$1.53M0.13%+1,473+7.2%Added
Board of the Pension Protection Fund21,900$1.52M1.45%+1,800+9.0%Added
Blair William & Co21,770$1.51M0.00%−3,026−12.2%Reduced
Empirical Finance, LLC21,760$1.51M0.07%−948−4.2%Reduced
Quadrant Capital Group LLC21,603$1.50M0.05%+5,415+33.5%Added
Abc Arbitrage SA21,265$1.48M0.14%+21,265New
Norden Group LLC21,022$1.46M0.14%+1,054+5.3%Added
Vise Technologies, Inc.20,970$1.46M0.03%+3,490+20.0%Added
Stanley-Laman Group, Ltd.20,942$1.45M0.19%+20,942New
Equitable Trust Co20,850$1.45M0.06%+1,888+10.0%Added
Integrated Wealth Concepts LLC20,758$1.44M0.02%−6,056−22.6%Reduced
Northwestern Mutual Investment Management Company, LLC20,725$1.44M0.02%+52+0.3%Added
Boothbay Fund Management, LLC20,615$1.43M0.04%−3,459−14.4%Reduced
Coldstream Capital Management Inc20,548$1.43M0.02%+3,597+21.2%Added
Kestra Private Wealth Services, LLC20,467$1.42M0.02%−1,224−5.6%Reduced
Engineers Gate Manager LP20,458$1.42M0.02%−69,657−77.3%Reduced
SBI Securities Co., Ltd.20,424$1.42M0.04%−1,939−8.7%Reduced
Capital Investment Advisors, LLC20,400$1.42M0.02%+446+2.2%Added
BIP Wealth, LLC20,386$1.41M0.05%+15,926+357.1%Added
Abundance Wealth Counselors20,257$1.41M0.24%−794−3.8%Reduced
Invst, LLC20,181$1.40M0.15%−5,166−20.4%Reduced
Chicago Partners Investment Group LLC20,596$1.40M0.03%+4,946+31.6%Added
Sigma Planning Corp20,040$1.39M0.04%+1,344+7.2%Added
Envestnet Portfolio Solutions, Inc.19,997$1.39M0.00%−1,462−6.8%Reduced
Constant Guidance Financial LLC19,872$1.38M0.97%+19,872New
Legacy Financial Advisors, Inc.19,804$1.37M0.19%+3,013+17.9%Added
Arkadios Wealth Advisors19,781$1.37M0.03%−2,471−11.1%Reduced
Boston Partners19,742$1.37M0.00%−5,170−20.8%Reduced