SecurityDAL / Delta Air Lines, Inc.
InstitutionBlueCrest Capital Management Ltd
ManagerMichael Platt
Shares0
Value $ 0
Related 247358AA2 / Delta Air Lines 4.75% 05/07/20

BlueCrest Capital Management Ltd closes passive position in DAL / Delta Air Lines, Inc.

February 14, 2018 - BlueCrest Capital Management Ltd has filed a 13F-HR form disclosing ownership of 0 shares of Delta Air Lines, Inc. (NYSE:DAL) with total holdings valued at $0 USD as of December 31, 2017. BlueCrest Capital Management Ltd had filed a previous 13F-HR on November 14, 2017 disclosing 289,600 shares of Delta Air Lines, Inc. at a value of $13,965,000 USD. This represents a change in shares of -100.00 percent and a change in value of -100.00 percent during the quarter.

Other investors with closed positions include BlueMountain Capital Management, LLC, Paragon Associates & Paragon Associates Ii Joint Venture, Oz Management LP, Amici Capital, LLC, and Goldentree Asset Management Lp.

DELTA AIR LINES INC /DE/ has declared a standard industrial code (sic) of 4512 which is the "Air Transportation, Scheduled" industry. BlueCrest Capital Management Ltd's top industries are "Building Materials, Hardware, Garden Supply, And Mobile Home Dealers" (sic 52), "Miscellaneous Repair Services" (sic 76), and "Educational Services" (sic 82).

13F Filings

The Security, Class, and CUSIP columns in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names and cusips.

In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

Effective
Date
Form Security Class CUSIP Share
Price
Shares Change
(%)
Value
(x1000)
Change
(%)
Cost
(x1000)
Profit
(x1000)
Return
(%)
2017-12-31 13F-HR DELTA AIR LINES INC DEL COM NEW 247361702 0 -100.00 0 -100.00
2017-09-30 13F-HR DELTA AIR LINES INC DEL COM NEW 247361702 50.98 289,600 90.55 13,965 70.99 7,016 -1,218 -14.91
2017-06-30 13F-HR DELTA AIR LINES INC DEL COM NEW 247361702 49.85 151,980 24.10 8,167 45.11 1,471 1,068 18.97
2017-03-31 13F-HR DELTA AIR LINES INC DEL COM NEW 247361702 47.57 122,463 -31.20 5,628 -35.72 -2,643 -485 -5.54
2016-12-31 13F-HR DELTA AIR LINES INC DEL COM NEW 247361702 44.27 178,011 -28.45 8,756 -10.59 -3,134 2,097 21.41
2016-09-30 13F-HR DELTA AIR LINES INC DEL COM NEW 247361702 37.91 248,794 3,323.61 9,793 3,595.47 9,157 371 139.90
2016-06-30 13F-HR DELTA AIR LINES INC DEL COM NEW 247361702 7,267 0.00 265
2016-03-31 13F-HR DELTA AIR LINES INC DEL COM NEW 247361702 0 -100.00 0 -100.00
2015-12-31 13F-HR DELTA AIR LINES INC DEL COM NEW 247361702 47.80 54,738 992.36 2,775 1,133.33 2,377 173 76.94
2015-09-30 13F-HR DELTA AIR LINES INC DEL COM NEW 247361702 42.99 5,011 -97.49 225 -97.26 -8,383 392 4.77
2015-06-30 13F-HR DELTA AIR LINES INC DEL COM NEW 247361702 43.02 200,000 -2.44 8,216 -10.86 -215 -786 -8.53
2015-03-31 13F-HR DELTA AIR LINES INC DEL COM NEW 247361702 47.07 205,000 1,753.02 9,217 1,594.30 9,128 -455 -83.64
2014-12-31 13F-HR DELTA AIR LINES INC DEL COM NEW 247361702 11,063 544


CUSIP: 247361702