Joel Greenblatt's DAL Position Overview
Joel Greenblatt (via Gotham Asset Management, LLC) currently holds 972,583 shares of Delta Air Lines, Inc. (DAL) worth $67.5 M, representing 0.25% of the portfolio. First purchased in 2013-Q2, this long-term strategic position has been held for 43 quarters.
Based on 13F filings since 2013, Joel Greenblatt has maintained a long-term strategic position in DAL, representing a significant commitment to this investment thesis. Largest addition occurred in Q2 2014, adding 1.06 M shares. Largest reduction occurred in Q4 2014, reducing 906,178 shares.
Analysis based on 13F filings available since 2013 Q2
Joel Greenblatt's Delta Air Lines (DAL) Holding Value Over Time
Track share changes against reported price movement
Quarterly Delta Air Lines (DAL) Trades by Joel Greenblatt
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2025 | +313,518 | Add 47.57% | 972,583 | $69.40 |
| Q3 2025 | +244,815 | Add 59.10% | 659,065 | $56.75 |
| Q2 2025 | -36,461 | Reduce 8.09% | 414,250 | $49.18 |
| Q1 2025 | +73,801 | Add 19.58% | 450,711 | $43.60 |
| Q4 2024 | -28,752 | Reduce 7.09% | 376,910 | $60.50 |
| Q3 2024 | +159,626 | Add 64.88% | 405,662 | $50.79 |
| Q2 2024 | -29,946 | Reduce 10.85% | 246,036 | $47.44 |
| Q1 2024 | +22,902 | Add 9.05% | 275,982 | $47.87 |
| Q4 2023 | -33,365 | Reduce 11.65% | 253,080 | $40.23 |
| Q3 2023 | +265,962 | Add 1298.45% | 286,445 | $37.00 |
| Q2 2023 | +3,724 | Add 22.22% | 20,483 | $47.54 |
| Q1 2023 | -17,116 | Reduce 50.53% | 16,759 | $34.92 |
| Q4 2022 | +25,184 | Add 289.77% | 33,875 | $32.86 |
| Q3 2022 | +8,691 | New Buy | 8,691 | $28.08 |
| Q2 2022 | -10,924 | Sold Out | 0 | $0.00 |
| Q1 2022 | +5,359 | Add 96.30% | 10,924 | $39.55 |
| Q4 2021 | +5,565 | New Buy | 5,565 | $38.99 |
| Q2 2020 | -584,579 | Sold Out | 0 | $0.00 |
| Q1 2020 | +148,393 | Add 34.02% | 584,579 | $28.53 |
| Q4 2019 | +23,892 | Add 5.79% | 436,186 | $58.48 |
| Q3 2019 | +322,141 | Add 357.33% | 412,294 | $57.60 |
| Q2 2019 | -153,539 | Reduce 63.01% | 90,153 | $56.75 |
| Q1 2019 | +243,692 | New Buy | 243,692 | $51.65 |
| Q3 2018 | -130,002 | Sold Out | 0 | $0.00 |
| Q2 2018 | -153,716 | Reduce 54.18% | 130,002 | $49.54 |
| Q1 2018 | -495,539 | Reduce 63.59% | 283,718 | $54.81 |
| Q4 2017 | -203,491 | Reduce 20.71% | 779,257 | $56.00 |
| Q3 2017 | +304,228 | Add 44.84% | 982,748 | $48.22 |
| Q2 2017 | -611,485 | Reduce 47.40% | 678,520 | $53.74 |
| Q1 2017 | +152,983 | Add 13.45% | 1.29 M | $45.96 |
| Q4 2016 | -553,933 | Reduce 32.76% | 1.14 M | $49.19 |
| Q3 2016 | +440,723 | Add 35.25% | 1.69 M | $39.36 |
| Q2 2016 | +127,327 | Add 11.34% | 1.25 M | $36.43 |
| Q1 2016 | +9,379 | Add 0.84% | 1.12 M | $48.68 |
| Q4 2015 | -532,255 | Reduce 32.34% | 1.11 M | $50.69 |
| Q3 2015 | +157,863 | Add 10.61% | 1.65 M | $44.87 |
| Q2 2015 | +297,548 | Add 25.00% | 1.49 M | $41.08 |
| Q1 2015 | +5,623 | Add 0.47% | 1.19 M | $44.96 |
| Q4 2014 | -906,178 | Reduce 43.34% | 1.18 M | $49.19 |
| Q3 2014 | +1.03 M | Add 97.92% | 2.09 M | $36.15 |
| Q2 2014 | +1.06 M | New Buy | 1.06 M | $38.72 |
| Q3 2013 | -85,904 | Sold Out | 0 | $0.00 |
| Q2 2013 | +85,904 | Add 0.00% | 85,904 | $18.71 |
Joel Greenblatt's Delta Air Lines Investment FAQs
Joel Greenblatt first purchased Delta Air Lines, Inc. (DAL) in Q2 2013, acquiring 85,904 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Joel Greenblatt has held Delta Air Lines, Inc. (DAL) for 43 quarters since Q2 2013.
Joel Greenblatt's largest addition to Delta Air Lines, Inc. (DAL) was in Q2 2014, adding 1,056,471 shares worth $40.91 M.
According to the latest 13F filing for Q4 2025, Joel Greenblatt's firm, Gotham Asset Management, LLC, owns 972,583 shares of Delta Air Lines, Inc. (DAL), valued at approximately $67.5 M.
As of the Q4 2025 filing, Delta Air Lines, Inc. (DAL) represents approximately 0.25% of Joel Greenblatt's publicly disclosed stock portfolio, making it one of their key holdings.
Joel Greenblatt's peak holding in Delta Air Lines, Inc. (DAL) was 2,090,925 shares, as reported at the end of Q3 2014.