Delta Global Management LP
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 14, 2025), Delta Global Management LP reported 170 stock positions worth $1.5 billion. Its top holding was Microsoft (MSFT) at 5.2% of the portfolio, followed by Nvidia (NVDA, 4.7%) and Intercontinental Exchange (ICE, 4.5%). Compared with Q1 2025, it opened 59 new positions, sold out of 74, added to 43 and reduced 68. The biggest buy was Microsoft (MSFT, shares +2319%) and the biggest sale an exit from Burlington Stores (BURL).
- Most Recent 13F
- Q2 2026
- Location
- New York, NY
- CIK
- 0001992724
- Portfolio Value
- $1.5B (Q2 2025)
- SEC Filing
- 0001172661-25-003426 ↗ filed Aug 14, 2025
Holdings Value
Holdings 170 stocks · $1.5B
| MSFT Microsoft Corp. | 5.19% | 156,141 | $77.7M | Add +2319.3% |
| NVDA Nvidia Corp. | 4.71% | 446,111 | $70.5M | Add +210.2% |
| ICE Intercontinental Exchange Inc. | 4.54% | 370,701 | $68.0M | Add +39.1% |
| AMZN Amazon.com Inc. | 3.68% | 251,254 | $55.1M | Add +41.0% |
| CEG Constellation Energy | 3.53% | 163,698 | $52.8M | Reduce -24.3% |
| HBAN Huntington Bancshares Inc. | 3.46% | 3,092,331 | $51.8M | Add +110.3% |
| META Meta Platforms Inc. Class A | 3.43% | 69,587 | $51.4M | Reduce -18.6% |
| DLTR Dollar Tree Inc. | 3.39% | 512,189 | $50.7M | Add +5.8% |
| SCHW Schwab (charles) Corp. | 3.30% | 541,073 | $49.4M | Reduce -21.1% |
| TOST Toast Inc. Class A | 3.21% | 1,084,966 | $48.1M | Add +518.8% |
| PM Philip Morris International | 3.05% | 250,994 | $45.7M | New |
| STX Seagate Technology Holdings | 2.98% | 308,961 | $44.6M | Reduce -50.6% |
| COF Capital One Financial Corp. | 2.74% | 193,166 | $41.1M | Add +1039.2% |
| NFLX Netflix Inc. | 2.57% | 28,776 | $38.5M | Reduce -51.0% |
| WMT Walmart Inc. | 2.54% | 389,694 | $38.1M | Reduce -50.5% |
| KKR KKR & Co. Inc. | 2.43% | 273,978 | $36.4M | Reduce -16.5% |
| C Citigroup Inc. | 2.38% | 419,167 | $35.7M | Reduce -40.8% |
| CBRE CBRE Group Inc. Class A | 2.26% | 241,470 | $33.8M | Reduce -5.0% |
| CART Maplebear Inc. | 2.14% | 707,926 | $32.0M | Reduce -15.6% |
| GOOGL Alphabet Inc. Class A | 1.98% | 168,530 | $29.7M | New |
| SPOT Spotify Technology SA | 1.86% | 36,225 | $27.8M | New |
| AMD Advanced Micro Devices | 1.85% | 194,919 | $27.7M | Add +683.2% |
| CRM Salesforce Inc. | 1.68% | 92,495 | $25.2M | Add +45.3% |
| ADBE Adobe Inc. | 1.50% | 58,174 | $22.5M | New |
| PNC PNC Financial Services Group | 1.41% | 112,890 | $21.0M | Reduce -51.2% |
| AVGO Broadcom Inc. | 1.27% | 69,166 | $19.1M | Reduce -15.8% |
| KVYO Klaviyo Inc. Class A | 1.24% | 553,360 | $18.6M | New |
| MDB Mongodb Inc. | 1.10% | 78,274 | $16.4M | New |
| APP AppLovin Corp. Class A | 1.03% | 44,192 | $15.5M | Reduce -42.7% |
| RKT Rocket Cos Inc. Class A | 1.01% | 1,064,861 | $15.1M | New |
| ROKU Roku Inc. | 0.73% | 123,747 | $10.9M | New |
| TWLO Twilio Inc. Class A | 0.59% | 71,159 | $8.8M | Reduce -64.6% |
| AXP American Express Co. | 0.35% | 16,246 | $5.2M | Reduce -90.1% |
| RDDT Reddit Inc. Class A | 0.31% | 30,903 | $4.7M | New |
| FICO Fair Isaac Corp. | 0.25% | 2,074 | $3.8M | New |
| ANET Arista Networks Inc. | 0.22% | 32,712 | $3.3M | Reduce -81.7% |
| CELH Celsius Holdings Inc. | 0.21% | 69,252 | $3.2M | New |
| ON On Semiconductor | 0.21% | 60,577 | $3.2M | New |
| EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC | 0.21% | 39,253 | $3.2M | Add +17.7% |
| ZS Zscaler Inc. | 0.21% | 9,839 | $3.1M | New |
| HOLX Hologic Inc. | 0.20% | 46,057 | $3.0M | Add +11.6% |
| NKE Nike Inc. Class B | 0.20% | 41,653 | $3.0M | New |
| DDOG Datadog Inc. Class A | 0.20% | 21,842 | $2.9M | Reduce -11.6% |
| CAT Caterpillar Inc. | 0.19% | 7,280 | $2.8M | New |
| FOUR SHIFT4 Payments Inc. Class A | 0.19% | 28,062 | $2.8M | Reduce -4.6% |
| TECK Teck Resources Ltd.-CLS B | 0.18% | 68,306 | $2.8M | New |
| LVS Las Vegas Sands Corp. | 0.18% | 62,814 | $2.7M | Add +7.8% |
| HLT Hilton Worldwide Holdings Inc. | 0.18% | 10,214 | $2.7M | Reduce -6.5% |
| TD Toronto-Dominion Bank | 0.18% | 36,928 | $2.7M | New |
| BALL Ball Corp. | 0.18% | 48,300 | $2.7M | New |
| GPN Global Payments Inc. | 0.18% | 33,743 | $2.7M | Add +26.1% |
| FWONK Liberty Media Corp. Class C | 0.18% | 25,696 | $2.7M | New |
| FCNCA First Citizens Bcshs Class A | 0.18% | 1,372 | $2.7M | Reduce -2.1% |
| MGM MGM Resorts International | 0.18% | 77,616 | $2.7M | New |
| NOC Northrop Grumman Corp. | 0.18% | 5,303 | $2.7M | Add +4.3% |
| SYY Sysco Corp. | 0.18% | 34,980 | $2.6M | Add +2.1% |
| CSX CSX Corp. | 0.18% | 81,116 | $2.6M | Reduce -3.1% |
| SUI Sun Communities Inc. filed as SUN CMNTYS INC | 0.18% | 20,845 | $2.6M | Add +5.8% |
| CE Celanese Corp. | 0.18% | 47,619 | $2.6M | Add +7.7% |
| ETSY Etsy Inc. | 0.18% | 52,521 | $2.6M | Reduce -4.6% |
| LEN Lennar Corp. Class A | 0.18% | 23,769 | $2.6M | Add +11.7% |
| BLDR Builders Firstsource Inc. | 0.18% | 22,508 | $2.6M | New |
| LUV Southwest Airlines Co. | 0.17% | 80,775 | $2.6M | New |
| TYL Tyler Technologies Inc. | 0.17% | 4,417 | $2.6M | New |
| HUBB Hubbell Inc. | 0.17% | 6,401 | $2.6M | Reduce -13.1% |
| FSLR First Solar Inc. | 0.17% | 15,785 | $2.6M | Reduce -15.8% |
| ABNB Airbnb Inc. Class A | 0.17% | 19,729 | $2.6M | New |
| WING Wingstop Inc. | 0.17% | 7,753 | $2.6M | Reduce -33.8% |
| MPC Marathon Petroleum Corp. | 0.17% | 15,712 | $2.6M | Reduce -11.9% |
| AMT American Tower Corp. | 0.17% | 11,800 | $2.6M | Add +79.2% |
| UPS United Parcel Service Class B | 0.17% | 25,786 | $2.6M | New |
| SAIA Saia Inc. | 0.17% | 9,458 | $2.6M | New |
| FND Floor & Decor Holdings Inc. Class A | 0.17% | 34,102 | $2.6M | Add +18.1% |
| BA The Boeing Co. | 0.17% | 12,354 | $2.6M | Reduce -20.2% |
| IR Ingersoll-Rand Inc. | 0.17% | 31,102 | $2.6M | New |
| DXCM Dexcom Inc. | 0.17% | 29,582 | $2.6M | Reduce -16.5% |
| MSCI MSCI Inc. | 0.17% | 4,475 | $2.6M | Reduce -1.3% |
| SNPS Synopsys Inc. | 0.17% | 5,012 | $2.6M | Reduce -10.8% |
| EA Electronic Arts Inc. | 0.17% | 16,061 | $2.6M | Add +349.3% |
| COR Cencora Inc. | 0.17% | 8,551 | $2.6M | Reduce -12.1% |
| CZR Caesars Entertainment Inc. | 0.17% | 90,285 | $2.6M | Add +1.5% |
| O Realty Income Corp. | 0.17% | 44,444 | $2.6M | Add +0.0% |
| OTIS Otis Worldwide Corp. | 0.17% | 25,832 | $2.6M | New |
| SBAC SBA Communications Corp. | 0.17% | 10,892 | $2.6M | Reduce -5.0% |
| LIN Linde PLC | 0.17% | 5,448 | $2.6M | Reduce -0.9% |
| PTC PTC Inc. | 0.17% | 14,813 | $2.6M | Reduce -8.1% |
| PEP Pepsico Inc. | 0.17% | 19,329 | $2.6M | Add +14.8% |
| HSIC Henry Schein Inc. | 0.17% | 34,892 | $2.5M | Reduce -2.4% |
| MRK Merck & Co. Inc. | 0.17% | 32,196 | $2.5M | Add +20.8% |
| AME Ametek Inc. | 0.17% | 14,073 | $2.5M | Reduce -1.5% |
| OXY Occidental Petroleum Corp. | 0.17% | 60,547 | $2.5M | Add +12.6% |
| NEE Nextera Energy Inc. | 0.17% | 36,593 | $2.5M | New |
| FANG Diamondback Energy Inc. | 0.17% | 18,358 | $2.5M | Add +10.1% |
| CBOE Cboe Global Markets Inc. | 0.17% | 10,795 | $2.5M | Reduce -7.7% |
| VLTO Veralto Corp. | 0.17% | 24,886 | $2.5M | Reduce -2.7% |
| V Visa Inc. Class A | 0.17% | 7,071 | $2.5M | Reduce -6.5% |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 0.17% | 74,272 | $2.5M | Add +60.5% |
| MSI Motorola Solutions Inc. | 0.17% | 5,968 | $2.5M | Reduce -1.0% |
| CHD Church & Dwight Co. Inc. | 0.17% | 26,058 | $2.5M | New |
| ENPH Enphase Energy Inc. | 0.17% | 63,068 | $2.5M | Add +48.0% |
Portfolio Sells Q1 2025 → Q2 2025
| BURL Burlington Stores Inc. | Sold out | 0.00% | −3.42 |
| HD Home Depot Inc. | Sold out | 0.00% | −3.14 |
| AXP American Express Co. | Reduce -90.1% | 0.35% | −2.83 |
| TEAM Atlassian Corp. Class A | Sold out | 0.00% | −2.46 |
| WMT Walmart Inc. | Reduce -50.5% | 2.54% | −2.44 |
| KEY Keycorp | Sold out | 0.00% | −2.14 |
| PNC PNC Financial Services Group | Reduce -51.2% | 1.41% | −1.53 |
| NFLX Netflix Inc. | Reduce -51.0% | 2.57% | −1.38 |
| BAC Bank of America Corp. | Sold out | 0.00% | −1.35 |
| C Citigroup Inc. | Reduce -40.8% | 2.38% | −1.24 |
| FTNT Fortinet Inc. | Sold out | 0.00% | −0.96 |
| TTWO Take-Two Interactive Softwre | Reduce -88.3% | 0.12% | −0.85 |
| STX Seagate Technology Holdings | Reduce -50.6% | 2.98% | −0.85 |
| LITE Lumentum Holdings Inc. | Sold out | 0.00% | −0.85 |
| TWLO Twilio Inc. Class A | Reduce -64.6% | 0.59% | −0.83 |
| ANET Arista Networks Inc. | Reduce -81.7% | 0.22% | −0.78 |
| NTNX Nutanix Inc. Class A | Reduce -85.0% | 0.14% | −0.77 |
| SCHW Schwab (charles) Corp. | Reduce -21.1% | 3.30% | −0.58 |
| APP AppLovin Corp. Class A | Reduce -42.7% | 1.03% | −0.44 |
| ALLY Ally Financial Inc. | Sold out | 0.00% | −0.44 |
| KKR KKR & Co. Inc. | Reduce -16.5% | 2.43% | −0.30 |
| CART Maplebear Inc. | Reduce -15.6% | 2.14% | −0.28 |
| HES Hess Corp. | Sold out | 0.00% | −0.20 |
| UNH Unitedhealth Group Inc. | Sold out | 0.00% | −0.19 |
| CPRT Copart Inc. | Sold out | 0.00% | −0.19 |
| AJG Arthur J Gallagher & Co. | Sold out | 0.00% | −0.19 |
| XOM Exxon Mobil Corp. | Sold out | 0.00% | −0.19 |
| MRSH Marsh & McLennan Cos | Sold out | 0.00% | −0.19 |
| FIS Fidelity National Info Serv | Sold out | 0.00% | −0.19 |
| WTW Willis Towers Watson PLC | Sold out | 0.00% | −0.19 |
| PPL PPL Corp. | Sold out | 0.00% | −0.19 |
| LW Lamb Weston Holdings Inc. | Sold out | 0.00% | −0.19 |
| AEP American Electric Power | Sold out | 0.00% | −0.19 |
| EOG EOG Resources Inc. | Sold out | 0.00% | −0.19 |
| CMS CMS Energy Corp. | Sold out | 0.00% | −0.19 |
| ADSK Autodesk Inc. | Sold out | 0.00% | −0.19 |
| EXR Extra Space Storage Inc. | Sold out | 0.00% | −0.19 |
| CDNS Cadence Design SYS Inc. | Sold out | 0.00% | −0.19 |
| ALLE Allegion PLC | Sold out | 0.00% | −0.19 |
| ULTA Ulta Beauty Inc. | Sold out | 0.00% | −0.19 |
| PNR Pentair PLC | Sold out | 0.00% | −0.18 |
| FE Firstenergy Corp. | Sold out | 0.00% | −0.18 |
| SRE Sempra | Sold out | 0.00% | −0.18 |
| ZBRA Zebra Technologies Corp. Class A | Sold out | 0.00% | −0.18 |
| KDP Keurig Dr Pepper Inc. | Sold out | 0.00% | −0.18 |
| ES Eversource Energy | Sold out | 0.00% | −0.18 |
| BDX Becton Dickinson and Co. | Sold out | 0.00% | −0.18 |
| QRVO Qorvo Inc. | Sold out | 0.00% | −0.18 |
| IDXX Idexx Laboratories Inc. | Sold out | 0.00% | −0.18 |
| HAL Halliburton Co. | Sold out | 0.00% | −0.18 |
Portfolio Buys Q1 2025 → Q2 2025
| MSFT Microsoft Corp. | Add +2319.3% | 5.19% | +5.01 |
| NVDA Nvidia Corp. | Add +210.2% | 4.71% | +3.58 |
| PM Philip Morris International | New | 3.05% | +3.05 |
| TOST Toast Inc. Class A | Add +518.8% | 3.21% | +2.79 |
| COF Capital One Financial Corp. | Add +1039.2% | 2.74% | +2.53 |
| GOOGL Alphabet Inc. Class A | New | 1.98% | +1.98 |
| HBAN Huntington Bancshares Inc. | Add +110.3% | 3.46% | +1.87 |
| SPOT Spotify Technology SA | New | 1.86% | +1.86 |
| AMD Advanced Micro Devices | Add +683.2% | 1.85% | +1.66 |
| ADBE Adobe Inc. | New | 1.50% | +1.50 |
| KVYO Klaviyo Inc. Class A | New | 1.24% | +1.24 |
| AMZN Amazon.com Inc. | Add +41.0% | 3.68% | +1.24 |
| ICE Intercontinental Exchange Inc. | Add +39.1% | 4.54% | +1.23 |
| MDB Mongodb Inc. | New | 1.10% | +1.10 |
| RKT Rocket Cos Inc. Class A | New | 1.01% | +1.01 |
| DLTR Dollar Tree Inc. | Add +5.8% | 3.39% | +0.77 |
| ROKU Roku Inc. | New | 0.73% | +0.73 |
| CRM Salesforce Inc. | Add +45.3% | 1.68% | +0.45 |
| RDDT Reddit Inc. Class A | New | 0.31% | +0.31 |
| FICO Fair Isaac Corp. | New | 0.25% | +0.25 |
| CELH Celsius Holdings Inc. | New | 0.21% | +0.21 |
| ON On Semiconductor | New | 0.21% | +0.21 |
| ZS Zscaler Inc. | New | 0.21% | +0.21 |
| NKE Nike Inc. Class B | New | 0.20% | +0.20 |
| CAT Caterpillar Inc. | New | 0.19% | +0.19 |
| TECK Teck Resources Ltd.-CLS B | New | 0.18% | +0.18 |
| TD Toronto-Dominion Bank | New | 0.18% | +0.18 |
| BALL Ball Corp. | New | 0.18% | +0.18 |
| FWONK Liberty Media Corp. Class C | New | 0.18% | +0.18 |
| MGM MGM Resorts International | New | 0.18% | +0.18 |
| BLDR Builders Firstsource Inc. | New | 0.18% | +0.18 |
| LUV Southwest Airlines Co. | New | 0.17% | +0.17 |
| TYL Tyler Technologies Inc. | New | 0.17% | +0.17 |
| ABNB Airbnb Inc. Class A | New | 0.17% | +0.17 |
| UPS United Parcel Service Class B | New | 0.17% | +0.17 |
| SAIA Saia Inc. | New | 0.17% | +0.17 |
| IR Ingersoll-Rand Inc. | New | 0.17% | +0.17 |
| OTIS Otis Worldwide Corp. | New | 0.17% | +0.17 |
| NEE Nextera Energy Inc. | New | 0.17% | +0.17 |
| CHD Church & Dwight Co. Inc. | New | 0.17% | +0.17 |
| APTV Aptiv PLC | New | 0.17% | +0.17 |
| MNST Monster Beverage Corp. | New | 0.17% | +0.17 |
| AVY Avery Dennison Corp. | New | 0.17% | +0.17 |
| TFX Teleflex Inc. | New | 0.16% | +0.16 |
| AWK American Water Works Co. Inc. | New | 0.16% | +0.16 |
| POOL Pool Corp. | New | 0.16% | +0.16 |
| GPC Genuine Parts Co. | New | 0.16% | +0.16 |
| IEX Idex Corp. | New | 0.16% | +0.16 |
| DAY Dayforce Inc. | New | 0.16% | +0.16 |
| QSR Restaurant Brands Intern | New | 0.16% | +0.16 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 149 | $921.7M | WMT, MKSI, GOOGL, COF, C |
| Q1 2026 | 154 | $1.2B | WMT, C, ICE, SCHW, COF |
| Q4 2025Amended | 156 | $1.4B | C, WMT, SCHW, COF, MKSI |
| Q3 2025 | 180 | $1.4B | MSFT, NVDA, AMZN, C, HBAN |
| Q2 2025 | 170 | $1.5B | MSFT, NVDA, ICE, AMZN, CEG |
| Q1 2025 | 185 | $1.4B | WMT, NFLX, SCHW, STX, C |
| Q4 2024 | 43 | $1.2B | WMT, BURL, MSFT, C, FTNT |
| Q3 2024 | 40 | $1.5B | WMT, MSFT, V, MA, C |
| Q2 2024 | 36 | $1.5B | WMT, AMZN, MSFT, V, AAPL |
| Q1 2024 | 34 | $1.3B | MSFT, V, AMZN, WMT, MA |