Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

DELTA AIR LINES INC (DAL)

1K + Investors. Track Smart Money conviction in DAL. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +105
Streak
3Q ▲
Buyers last Q
59%

Smart Money Signals — DAL

Based on 1251 hedge funds · latest filing: 2025 Q4 · updated quarterly

📈

Buying streak — 3 quarters in a row

last 6Q
For 3 consecutive quarters, more hedge funds added DAL than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
1,251 hedge funds hold DAL right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
📶

Steady growth — +10% more funds vs a year ago

fund count last 6Q
+112 new funds entered over the past year (+10% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 59% buying

712 buying505 selling
Last quarter: 712 funds bought or added vs 505 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
📈

More new buyers each quarter (+58 vs last Q)

new funds entering per quarter
Funds opening a new DAL position: 134 → 176 → 163 → 221. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

65% of holders stayed for 2+ years

■ 65% conviction (2yr+) ■ 17% medium ■ 18% new
814 out of 1,251 hedge funds have held DAL for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
📈

Growing discovery — still being found

209 → 134 → 176 → 163 → 221 new funds/Q
New funds entering each quarter: 134 → 176 → 163 → 221. A growing number of institutions are discovering DAL each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Deep conviction — 70% of holders stayed 2+ years

■ 70% veterans ■ 9% 1-2yr ■ 21% new
Of 1,316 current holders: 921 (70%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
🏆

Elite ownership — 50% AUM from top-100 funds

50% from top-100 AUM funds
47 of 1251 holders are among the 100 largest funds by AUM, controlling 50% of total institutional value in DAL. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.6
out of 10
Low Exit Risk
Exit risk score 3.6/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Hedge Fund Ownership: DAL

How many hedge funds hold DAL — quarterly history vs. share price
Quarterly hedge fund ownership of DAL vs. share price

Market Analysis: DAL

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: DAL

-- --
Smart Money Signal ?
Broad Consensus, Selective Conviction

Many quality funds hold this stock, but top-tier positions remain relatively small.

123 top-rated funds 14 high-conviction
Consensus
9.1
/ 10
breadth
×
Elite
5.0
/ 10
conviction
Hedge Fund Positioning: DAL
2026 Q1 Stats Unlock in 22 days 1K + Investors

Track Smart Money conviction in DAL. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 1316 1227 7.25%
13F Shares 606M 588M 2.99%
Total Value $41.83B $36.19B 15.58%
New Positions 225 166 +59
Increased Positions 572 567 +5
Closed Positions 127 134 -7
Reduced Positions 488 487 +1
Total Calls 39 48 -18.75%
Total Puts 35 39 -10.26%
PUT/CALL Ratio 0.9 0.81 Neutral

Statistics: DAL

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Valuation Measures Data as of: --

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PEG Ratio (5yr expected) --
Price/Sales (ttm) --
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Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
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Income Statement & Cash Flow
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Institutional Holders (2026 Q1)

1K + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in DAL. Verified SEC 13F-HR filings.

Top 25 institutional holders of DAL — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 J. L. Bainbridge & Co., Inc. 2.23% 376,784 $25.0M
2 Econ Financial Services Corp 2.12% 68,743 $4.6M
3 DEROY & DEVEREAUX PRIVATE INVESTMENT COUNSEL INC 1.93% 604,391 $40K
4 Douglas Lane & Associates, LLC 1.56% 1,624,083 $108.0M
5 Red Spruce Capital, LLC 1.46% 53,320 $3.5M
6 Board of the Pension Protection Fund 1.38% 22,500 $1.5M
7 Hosking Partners LLP 1.30% 544,952 $36.2M
8 Olstein Capital Management, L.P. 1.28% 88,000 $6K
9 LEDERER & ASSOCIATES INVESTMENT COUNSEL/CA 1.07% 22,678 $2K
10 Sculati Wealth Management, LLC 0.86% 34,904 $2.3M
11 Oxinas Partners, LLC 0.81% 26,799 $1.8M
12 CWC Advisors, LLC. 0.73% 23,089 $1.5M
13 KWMG, LLC 0.69% 124,891 $8.3M
14 Intellectus Partners, LLC 0.69% 50,843 $3.4M
15 M.E. ALLISON & CO., INC. 0.66% 15,000 $997K
16 RWC Asset Management LLP 0.63% 228,358 $15.2M
17 PZENA INVESTMENT MANAGEMENT LLC 0.61% 2,807,667 $186.7M
18 Ninety One UK Ltd 0.56% 3,623,168 $240.9M
19 OV Management LLC 0.54% 3,968 $264K
20 BRIAN LOW FINANCIAL GROUP, LLC 0.53% 11,699 $778K
21 Unify Financial Advisors 0.52% 7,254 $503K
22 Marietta Wealth Management, LLC 0.50% 63,906 $4.2M
23 Register Financial Advisors LLC 0.50% 20,192 $1.3M
24 Worthington Financial Partners, LLC 0.47% 8,209 $546K
25 Regent Peak Wealth Advisors LLC 0.43% 31,523 $2.1M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — DELTA AIR LINES INC (DAL)

What does the Smart Money Trend signal show for DAL?

Buying streak — 3 quarters in a row: For 3 consecutive quarters, more hedge funds added DAL than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for DAL?

Slight buying edge — 59% buying: Last quarter: 712 funds bought or added vs 505 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for DAL holders?

Elite ownership — 50% AUM from top-100 funds: 47 of 1251 holders are among the 100 largest funds by AUM, controlling 50% of total institutional value in DAL. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held DAL?

65% of holders stayed for 2+ years: 814 out of 1,251 hedge funds have held DAL for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.