13F stock ownership research
DAL institutional ownership: holders, changes, and four-quarter trend
This reverse-ownership view starts with DAL and shows every matching position in SnowballHare's tracked 13F manager universe. It connects holder-level changes with four-quarter history and company research without presenting delayed filings as live ownership.
Deterministic analysis from filing data
How institutions moved in DAL this quarter
DAL's reported ownership picture is concentrated in a finite manager sample. 1 active managers reported $2.6B in aggregate value. Berkshire Hathaway is the largest tracked holder. The sample is too small for a broad concentration reading.
Position changes show where the quarter differed from the prior filing. Appaloosa Management made the largest measured share-count move at -100.0%. 1 manager initiated positions, led by Berkshire Hathaway. 2 managers exited, including Appaloosa Management. These filings describe quarter-end positions and do not confirm what managers held after the reporting date.
Looking back across quarters separates persistence from a single-period move. Holder count is below the trailing average of 1.5. Aggregate value also moves with quarter-end share prices, so dollar changes do not measure active buying by themselves.
Peer ownership data gives the holder figures a reference point. Related ownership pages include DE, UBER, CB. Return to DAL stock research for financial statements, earnings, and company risks.
Current 13F snapshot
All institutional holders
Every row below links to the manager's full portfolio page. The table contains 3 current or exited observations for DAL, ordered by reported market value.
| Holder | Shares | Reported value | Portfolio weight | Share change | Status |
|---|---|---|---|---|---|
| Berkshire Hathaway2026-03-31 | 39,809,456 | $2.65B | 1.01% | New | New |
| Appaloosa Management2026-03-31 | 0 | $0 | 0.00% | -100.0% | Exited |
| Duquesne Family Office2026-03-31 | 0 | $0 | 0.00% | -100.0% | Exited |
Quarter-over-quarter activity
Holder changes
New holders 1
- Berkshire Hathaway$2.65B · New
Increased 0
- No matching holder in the current tracked quarter.
Reduced 0
- No matching holder in the current tracked quarter.
Exited holders 2
- Appaloosa Management$32.97M · -100.0%
- Duquesne Family Office$45,173 · -100.0%
Manager universe
Holder type breakdown
Holder types are a deterministic classification of SnowballHare's small tracked-manager universe, not an SEC legal category. The breakdown helps distinguish concentrated investment firms from diversified institutions and family-office style portfolios.
Rolling filing history
Last 4 quarters
Quarterly totals aggregate only managers with a tracked filing for the period. A change can reflect buying or selling, stock-price movement, a new manager entering the dataset, or a missing comparable filing.
| Quarter | Holders | Reported value | Shares | New | Exits |
|---|---|---|---|---|---|
| 2026-03-31 | 1 | $2.65B | 39,809,456 | 1 | 2 |
| 2025-12-31 | 2 | $33.01M | 1,125,910 | 1 | 0 |
| 2025-09-30 | 1 | $26.25M | 462,500 | 0 | 1 |
| 2025-06-30 | 2 | $27.09M | 1,343,510 | 1 | 0 |
Industrials
How DAL compares
- Holders
- 1
- Value
- $224.8M
- Top 5
- 100.0%
- Holders
- 4
- Value
- $2.64B
- Top 5
- 100.0%
- Holders
- 2
- Value
- $11.17B
- Top 5
- 100.0%
Peer pages are selected from the same sector and similar reported company scale when data is available. Compare holder count and concentration, but remember that the same limited manager universe can have very different relevance for different stocks.
Filing interpretation
Common questions about DAL institutional ownership
Who is the largest tracked institutional holder of DAL?
Berkshire Hathaway is the largest active holder in the current DAL sample, reporting $2.6B. The DAL holder table ranks every matched manager.
Which institution increased its DAL position the most?
Berkshire Hathaway recorded the largest increase or new position by reported value in the current cycle. Its row appears in the DAL change section.
Which institution reduced or exited DAL most significantly?
Appaloosa Management recorded the largest reduction or exit by prior reported value. Compare it with the other DAL holder changes.
Did new holders enter or existing holders exit DAL?
1 new holder entered the tracked sample. 2 holders exited. Named managers are shown in the DAL activity grid.
How concentrated is tracked ownership in DAL?
The DAL sample contains too few active managers for a broad concentration conclusion. The DAL holder table shows the named positions that are available.
How has tracked ownership in DAL changed across four quarters?
The latest cycle has 1 active holders versus 1 in the oldest displayed comparison quarter. The DAL four-quarter series separates holder count, shares, and reported value.
What company evidence should be checked alongside DAL's 13F changes?
Use the DAL stock research page to compare institutional moves with revenue, margins, cash flow, insider filings, earnings, and company risks. A delayed ownership filing should not override newer operating evidence.
Primary-source record
Sources and methodology
Source: SEC EDGAR 13F-HR information tables for the managers SnowballHare currently tracks. Rows are aggregated by manager and ticker, then compared with the prior available filing. The dataset is delayed, partial, and historical by design.
Disclaimer: Historical filing data is not investment advice. Check material facts against original SEC records before acting.