In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 10, 2025), Delta Accumulation, LLC reported 23 stock positions worth $16.1 million . Its top holding was US Bancorp (USB) at 9.5% of the portfolio, followed by Meta Platforms Class A (META, 9.4% ) and Palo Alto Networks (PANW, 8.3% ). Compared with Q3 2024, it opened 1 new position and added to 9. The biggest buy was a new position in Bristol-Myers Squibb (BMY).
Location SAUSALITO, CA
CIK 0001808389
Portfolio Value $16.1M (Q4 2024) Holdings 23 stocks · $16.1M Holdings quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock % Of Portfolio ▼ Shares Held Total Value Change vs Q3 2024 USB US Bancorp 33,479 $1.5M Add +0.0% META Meta Platforms Inc. Class A 2,647 $1.5M No change PANW Palo Alto Networks Inc. 7,840 $1.3M No change NVDA Nvidia Corp. 10,000 $1.2M No change TSN Tyson Foods Inc. Class A 20,019 $1.2M Add +0.0% QQQ Invesco QQQ Trust Series 1 2,305 $1.1M Add +3.8% HCA HCA Healthcare Inc. 2,500 $1.0M No change Z Zillow Group Inc. Class C 7,700 $983K No change GIS General Mills Inc. 11,304 $835K Add +0.0% PNC PNC Financial Services Group 4,105 $759K No change DG Dollar General Corp. 8,303 $702K Add +0.0% MSFT Microsoft Corp. 1,623 $698K Add +0.2% TFC Truist Financial Corp. 15,339 $656K Add +0.0% MA Mastercard Inc. Class A 1,023 $505K Add +0.1% ABNB Airbnb Inc. Class A 3,847 $488K No change CLX Clorox Company 2,800 $456K No change BMY Bristol-Myers Squibb Co. 8,100 $419K New SGOV iShares 0-3 Month Treasury B 2,853 $287K No change BAC Bank of America Corp. filed as BANK AMERICA CORP 5,632 $223K Add +0.6% TSLA Tesla Inc. 395 $103K No change WFC Wells Fargo & Co. 73 $4K No change SBUX Starbucks Corp. 14 $1K No change TCOM Trip.com Group Ltd.-ADR 20 $1K No change
Options reported separately and not counted above: COST puts ($271.4M), JPM puts ($132.3M), COST calls ($108.0M), SPY puts ($105.8M), JPM calls ($73.7M), QQQ puts ($71.2M), WMT puts ($56.1M), SPY calls ($55.5M), WMT calls ($51.2M), QQQ calls ($47.3M), MCK puts ($42.9M), PGR puts ($34.5M), and 185 more.
Portfolio Sells Q3 2024 → Q4 2024 Portfolio Sells quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q3 2024 % Of Portfolio Change To Portfolio ▲ None this quarter.
Portfolio Buys Q3 2024 → Q4 2024 Portfolio Buys quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q3 2024 % Of Portfolio Change To Portfolio ▼ BMY Bristol-Myers Squibb Co. New 2.61% +2.61 BAC Bank of America Corp. Add +0.6% 1.39% −0.08 QQQ Invesco QQQ Trust Series 1 Add +3.8% 7.01% −0.17 MA Mastercard Inc. Class A Add +0.1% 3.15% −0.20 TFC Truist Financial Corp. Add +0.0% 4.09% −0.26 MSFT Microsoft Corp. Add +0.2% 4.35% −0.27 DG Dollar General Corp. Add +0.0% 4.37% −0.28 GIS General Mills Inc. Add +0.0% 5.20% −0.33 TSN Tyson Foods Inc. Class A Add +0.0% 7.43% −0.47 USB US Bancorp Add +0.0% 9.54% −0.60
Options Activity Q3 2024 → Q4 2024 Security Type Change vs Q3 2024 Underlying Shares Value ▼ COST Costco Wholesale Corp. put Add +60.0% 306,100 $271.4M JPM JPMorgan Chase & Co. put Reduce -97.9% 7,500 $132.3M COST Costco Wholesale Corp. call Add +23.5% 121,800 $108.0M SPY SS SPDR S&P 500 ETF Trust-US put Reduce -75.6% 3,100 $105.8M JPM JPMorgan Chase & Co. call Reduce -97.3% 7,500 $73.7M QQQ Invesco QQQ Trust Series 1 put Reduce -76.1% 3,200 $71.2M WMT Walmart Inc. put Reduce -50.0% 36,600 $56.1M MCK McKesson Corp. put Reduce -75.9% 2,100 $42.9M PGR Progressive Corp. put Add +92.9% 10,800 $34.5M LLY Eli Lilly & Co. put Sold out 29,500 $26.1Mbefore exit ALL Allstate Corp. put Add +2.3% 134,600 $25.5M ALL Allstate Corp. call Add +9.3% 114,000 $21.6M HLT Hilton Worldwide Holdings Inc. put Add +40.4% 87,200 $20.1M BLK BlackRock Finance Inc. call New 15,500 $14.7M BLK BlackRock Finance Inc. put New 15,500 $14.7M CBOE Cboe Global Markets Inc. put Reduce -2.4% 70,400 $14.4M CL Colgate-Palmolive Co. put Reduce -5.5% 134,500 $14.0M CL Colgate-Palmolive Co. call Reduce -2.2% 134,500 $14.0M AXP American Express Co. put Add +91.6% 50,400 $13.7M HLT Hilton Worldwide Holdings Inc. call Add +36.0% 58,600 $13.5M LLY Eli Lilly & Co. call Sold out 14,800 $13.1Mbefore exit AXP American Express Co. call Add +48.4% 33,400 $9.1M ICE Intercontinental Exchange Inc. put Reduce -88.8% 7,500 $8.8M ICE Intercontinental Exchange Inc. call Reduce -88.8% 7,500 $8.8M CMI Cummins Inc. put Add +127.0% 26,100 $8.5M GS Goldman Sachs Group Inc. put Add +94.8% 15,000 $7.4M ABBV Abbvie Inc. call Add +38.3% 37,200 $7.3M ABBV Abbvie Inc. put Add +38.3% 37,200 $7.3M BNY Bank of New York Mellon Corp. put Add +254.2% 102,000 $7.3M BNY Bank of New York Mellon Corp. call Add +254.2% 102,000 $7.3M GS Goldman Sachs Group Inc. call Add +74.0% 13,400 $6.6M CAH Cardinal Health Inc. put Add +84.2% 57,300 $6.3M BMY Bristol-Myers Squibb Co. call Add +113.9% 121,500 $6.3M CBOE Cboe Global Markets Inc. call Reduce -5.4% 30,000 $6.1M CMI Cummins Inc. call Add +181.5% 18,300 $5.9M AFL Aflac Inc. put Reduce -20.5% 51,700 $5.8M AFL Aflac Inc. call Reduce -20.5% 51,700 $5.8M MSFT Microsoft Corp. put Reduce -65.8% 2,800 $5.6M ORCL Oracle Corp. put Reduce -50.9% 7,800 $5.4M MRK Merck & Co. Inc. call Add +37.2% 10,700 $5.3M MRK Merck & Co. Inc. put Add +29.5% 10,100 $5.3M BMY Bristol-Myers Squibb Co. put Add +256.3% 101,200 $5.2M COR Cencora Inc. put Reduce -58.6% 22,500 $5.1M HSY The Hershey Co. call Reduce -49.2% 26,400 $5.1M HSY The Hershey Co. put Sold out 25,000 $4.8Mbefore exit LMT Lockheed Martin Corp. put Reduce -38.1% 2,600 $4.7M LMT Lockheed Martin Corp. call Reduce -38.1% 2,600 $4.7M AAPL Apple Inc. call Add +96.1% 20,000 $4.7M AAPL Apple Inc. put Add +96.1% 20,000 $4.7M MSFT Microsoft Corp. call Reduce -7.1% 2,600 $4.3M
Showing the first 50 of 136.
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings Quarter Positions 13F Reported Value Top Holdings Q2 2026 26 $35.6M BNY, C, CMI, PANW, QQQ Q1 2026 14 $27.3M BNY, C, CAH, CMI, COR Q4 2025 Amended 26 $98.2M JPM, WMB, CAH, AXP, META Q3 2025 24 $17.7M JPM, AXP, PNC, META, PANW Q2 2025 22 $47.1M COST, JPM, PNC, META, PANW Q1 2025 22 $11.2M USB, PNC, META, PANW, QQQ Q4 2024 23 $16.1M USB, META, PANW, NVDA, TSN Q3 2024 22 $15.1M USB, META, PANW, NVDA, TSN Q2 2024 Amended 27 $17.9M ADM, META, PANW, USB, NVDA Q1 2024 27 $16.1M CSCO, USB, DG, TSN, QQQ