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

0$500.0M$1.0B$1.5B$2.0B Q1 2024: $1.3B Q1 2024 Q2 2024: $1.5B Q2 2024 Q3 2024: $1.5B Q3 2024 Q4 2024: $1.2B Q4 2024 Q1 2025: $1.4B Q1 2025 Q2 2025: $1.5B $1.5B Q2 2025 Q3 2025: $1.4B Q3 2025 Q4 2025: $1.4B Q4 2025 Q1 2026: $1.2B Q1 2026 Q2 2026: $921.7M Q2 2026

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%
MA Mastercard Inc. Class A 0.17% 4,436 $2.5M Reduce -6.6%
APTV Aptiv PLC 0.17% 36,345 $2.5M New
MNST Monster Beverage Corp. 0.17% 39,457 $2.5M New
AVY Avery Dennison Corp. 0.17% 14,081 $2.5M New
LMT Lockheed Martin Corp. 0.16% 5,332 $2.5M Reduce -0.7%
DUK Duke Energy Corp. 0.16% 20,833 $2.5M Reduce -0.4%
JNJ Johnson & Johnson 0.16% 16,061 $2.5M Add +4.5%
CDW CDW Corp. 0.16% 13,724 $2.5M Reduce -8.8%
TFX Teleflex Inc. 0.16% 20,699 $2.4M New
MLM Martin Marietta Materials 0.16% 4,451 $2.4M Reduce -15.5%
RNR Renaissancere Holdings Ltd. 0.16% 10,003 $2.4M Reduce -4.6%
GWW WW Grainger Inc. filed as GRAINGER W W INC 0.16% 2,332 $2.4M Reduce -10.2%
CME Cme Group Inc. 0.16% 8,801 $2.4M Reduce -9.2%
AWK American Water Works Co. Inc. 0.16% 17,408 $2.4M New
FDS Factset Research Systems Inc. 0.16% 5,402 $2.4M Reduce -6.4%
ACN Accenture PLC Class A 0.16% 8,075 $2.4M Add +2.0%
POOL Pool Corp. 0.16% 8,270 $2.4M New
ACGL Arch Capital Group Ltd. 0.16% 26,438 $2.4M Reduce -3.0%
GPC Genuine Parts Co. 0.16% 19,808 $2.4M New
CIEN Ciena Corp. 0.16% 29,263 $2.4M Reduce -37.1%
IEX Idex Corp. 0.16% 13,539 $2.4M New
DAY Dayforce Inc. 0.16% 42,860 $2.4M New
WCN Waste Connections Inc. 0.16% 12,701 $2.4M Add +32.2%
GIS General Mills Inc. 0.16% 45,695 $2.4M Add +9.2%
LYV Live Nation Entertainment Inc. 0.16% 15,639 $2.4M Reduce -25.6%
QSR Restaurant Brands Intern 0.16% 35,679 $2.4M New
ROP Roper Technologies Inc. 0.16% 4,156 $2.4M New
AON Aon PLC Class A 0.16% 6,601 $2.4M Add +4.7%
OMC Omnicom Group 0.16% 32,697 $2.4M New
IT Gartner Inc. 0.15% 5,703 $2.3M Add +3.9%
DOW Dow Inc. 0.15% 86,991 $2.3M Add +28.4%
EQIX Equinix Inc. 0.15% 2,895 $2.3M Reduce -3.1%
GTLB Gitlab Inc. Class A 0.15% 50,474 $2.3M Add +4.7%
GLOB Globant SA 0.15% 24,846 $2.3M New
COO The Cooper Cos Inc. 0.15% 31,714 $2.3M Add +1.4%
STZ Constellation Brands Inc. Class A 0.15% 13,556 $2.2M New
CNC Centene Corp. 0.15% 40,051 $2.2M Add +93.7%
ALB Albemarle Corp. 0.14% 33,802 $2.1M Add +28.2%
DHI D.R. Horton Inc. 0.14% 16,408 $2.1M Reduce -17.1%
NTNX Nutanix Inc. Class A 0.14% 26,883 $2.1M Reduce -85.0%
FLR Fluor Corp. 0.14% 39,952 $2.0M New
FRPT Freshpet Inc. 0.13% 29,586 $2.0M New
NUE Nucor Corp. 0.13% 15,165 $2.0M New
LULU Lululemon Athletica Inc. 0.13% 8,045 $1.9M New
TTWO Take-Two Interactive Softwre 0.12% 7,670 $1.9M Reduce -88.3%
HSY The Hershey Co. 0.12% 10,456 $1.7M Add +11.2%
MAR Marriott International Class A 0.11% 6,288 $1.7M Reduce -19.4%
ANF Abercrombie & Fitch Co. Class A 0.11% 20,701 $1.7M Reduce -4.5%
GD General Dynamics Corp. 0.11% 5,679 $1.7M Reduce -40.5%
YUM Yum! Brands Inc. 0.11% 10,745 $1.6M New
EPAM Epam Systems Inc. 0.11% 8,992 $1.6M Reduce -8.7%
DVN Devon Energy Corp. 0.10% 46,791 $1.5M New
VMC Vulcan Materials Co. 0.09% 5,414 $1.4M Reduce -31.7%
TSLA Tesla Inc. 0.09% 4,410 $1.4M New
ZTS Zoetis Inc. 0.09% 8,820 $1.4M Reduce -43.5%
WYNN WYNN Resorts Ltd. 0.09% 14,435 $1.4M New
HPQ HP Inc. 0.08% 47,186 $1.2M New
ED Consolidated Edison Inc. 0.08% 11,291 $1.1M Add +18.2%
CCJ Cameco Corp. 0.06% 13,038 $968K New
RBLX Roblox Corp. Class A 0.06% 8,591 $904K New
CB Chubb Ltd. 0.06% 3,028 $877K New
AZO AutoZone Inc. 0.05% 197 $731K New
NVR NVR Inc. 0.04% 89 $657K Reduce -74.4%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.04% 5,146 $638K Reduce -79.8%
CPB The Campbell's Company 0.04% 20,337 $623K New
IFF Intl Flavors & Fragrances filed as INTERNATIONAL FLAVORS&FRAGRA 0.03% 5,763 $424K Reduce -81.7%
LHX L3HARRIS Technologies Inc. 0.02% 1,157 $290K Reduce -90.2%
VLO Valero Energy Corp. 0.02% 2,062 $277K Reduce -89.3%
WDAY Workday Inc. Class A 0.02% 995 $239K New
KO The Coca-Cola Co. 0.01% 2,961 $209K Reduce -88.0%

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

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 149$921.7MWMT, MKSI, GOOGL, COF, C
Q1 2026 154$1.2BWMT, C, ICE, SCHW, COF
Q4 2025Amended 156$1.4BC, WMT, SCHW, COF, MKSI
Q3 2025 180$1.4BMSFT, NVDA, AMZN, C, HBAN
Q2 2025 170$1.5BMSFT, NVDA, ICE, AMZN, CEG
Q1 2025 185$1.4BWMT, NFLX, SCHW, STX, C
Q4 2024 43$1.2BWMT, BURL, MSFT, C, FTNT
Q3 2024 40$1.5BWMT, MSFT, V, MA, C
Q2 2024 36$1.5BWMT, AMZN, MSFT, V, AAPL
Q1 2024 34$1.3BMSFT, V, AMZN, WMT, MA