SecurityDAL / Delta Air Lines, Inc.
InstitutionVantage Investment Partners, LLC
Shares275,881
Value $ 15,121,000
Related 247358AA2 / Delta Air Lines 4.75% 05/07/20

Vantage Investment Partners, LLC reports 81.71% increase in ownership of DAL / Delta Air Lines, Inc.

May 14, 2018 - Vantage Investment Partners, LLC has filed a 13F-HR form disclosing ownership of 275,881 shares of Delta Air Lines, Inc. (NYSE:DAL) with total holdings valued at $15,121,000 USD as of March 31, 2018. Vantage Investment Partners, LLC had filed a previous 13F-HR/A on February 15, 2018 disclosing 151,825 shares of Delta Air Lines, Inc. at a value of $8,502,000 USD. This represents a change in shares of 81.71 percent and a change in value of 77.85 percent during the quarter.

Other investors with positions similar to Vantage Investment Partners, LLC include Bank Of The West, American International Group Inc, PineBridge Investments, L.P., Raymond James Financial Services Advisors, Inc., Point72 Asset Management, L.P., and D. E. Shaw & Co., Inc..

DELTA AIR LINES INC /DE/ has declared a standard industrial code (sic) of 4512 which is the "Air Transportation, Scheduled" industry. Vantage Investment Partners, LLC's top industries are "General Merchandise Stores" (sic 53), "Transportation By Air" (sic 45), and "Automotive Dealers And Gasoline Service Stations" (sic 55).

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
(%)
2018-03-31 13F-HR DELTA AIR LINES COM 247361702 55.40 275,881 81.71 15,121 77.85 6,873 -254 -2.99
2017-12-31 13F-HR/A-1 DELTA AIR LINES COM 247361702 52.11 151,825 -75.00 8,502 -70.97 -23,732 2,952 10.08
2017-12-31 13F-HR DELTA A COM 247361702 15,182 850
2017-09-30 13F-HR DELTA AIR LINES COM 247361702 607,250 29,282


CUSIP: 247361702