DELTA AIR LINES, INC.

Quarterly 13F snapshot: US-listed longs only, no performance figures — 13F data cannot support them.

Reported portfolio value by quarter (19 quarters reported)

$1.15B $255M

Q4 21 Q4 22 Q4 23 Q4 24 Q4 25 Q2 26

$529M in Q4 2021 → $391M now. Hover for any quarter.

Holdings

As reported for the quarter ended June 30, 2026. Activity is the change in share count since the prior quarter's filing.

Holding	% of portfolio	Activity	Shares	Value
RA Republic Awys Hldgs Inc	36.4%	Unchanged	6,770,601	$142M
Joby Aviation Inc	33.3%	Unchanged	14,590,713	$130M
Wheels Up Experience Inc.	30.2%	New	13,168,465	$118M

What changed each quarter, from the filings' own share counts. Largest moves first; most recent 8 quarters.

quarter ended June 30, 2026 · filed August 14, 2026

Company	Action	Shares changed	Value of change	% of portfolio
Wheels Up Experience Inc.	Exited	−263,369,307	−$136M	—
Wheels Up Experience Inc.	New	+13,168,465	+$118M	30.2%

quarter ended March 31, 2026 · filed May 15, 2026

Company	Action	Shares changed	Value of change	% of portfolio
Joby Aviation Inc	Added	+3,546,481	+$29.3M	31.9%

quarter ended December 31, 2025 · filed February 13, 2026

Company	Action	Shares changed	Value of change	% of portfolio
RA Republic Awys Hldgs Inc	New	+6,770,601	+$124M	28.1%

quarter ended September 30, 2025 · filed November 14, 2025

No position changes this quarter.

quarter ended June 30, 2025 · filed August 08, 2025

No position changes this quarter.

quarter ended March 31, 2025 · filed May 09, 2025

No position changes this quarter.

quarter ended December 31, 2024 · filed February 11, 2025

Company	Action	Shares changed	Value of change	% of portfolio
Clear Secure Inc	Exited	−4,277,958	−$142M	—
AH Affirm Hldgs Inc	Exited	−50,000	−$2.04M	—
Palladyne Ai Corp	Exited	−377,449	−$676K	—

quarter ended September 30, 2024 · filed December 03, 2024

Company	Action	Shares changed	Value of change	% of portfolio
Clear Secure Inc	Trimmed	−4,000,000	−$133M	16.9%

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