Delta Global Management LP

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 14, 2025), Delta Global Management LP reported 180 stock positions worth $1.4 billion. Its top holding was Microsoft (MSFT) at 5.4% of the portfolio, followed by Nvidia (NVDA, 4.7%) and Amazon.com (AMZN, 3.7%). Compared with Q2 2025, it opened 78 new positions, sold out of 68, added to 52 and reduced 50. The biggest buy was a new position in Qorvo (QRVO) and the biggest sale Intercontinental Exchange (ICE, shares −90%).

Most Recent 13F
Q2 2026
Location
New York, NY
CIK
0001992724
Portfolio Value
$1.4B (Q3 2025)
SEC Filing
0001172661-25-004852 ↗ filed Nov 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 Q2 2025 Q3 2025: $1.4B $1.4B Q3 2025 Q4 2025: $1.4B Q4 2025 Q1 2026: $1.2B Q1 2026 Q2 2026: $921.7M Q2 2026

Holdings 180 stocks · $1.4B
MSFT Microsoft Corp. 5.36% 141,192 $73.1M Reduce -9.6%
NVDA Nvidia Corp. 4.73% 345,879 $64.5M Reduce -22.5%
AMZN Amazon.com Inc. 3.71% 230,835 $50.7M Reduce -8.1%
C Citigroup Inc. 3.62% 487,357 $49.5M Add +16.3%
HBAN Huntington Bancshares Inc. 3.47% 2,745,019 $47.4M Reduce -11.2%
SCHW Schwab (charles) Corp. 3.44% 491,677 $46.9M Reduce -9.1%
META Meta Platforms Inc. Class A 3.37% 62,634 $46.0M Reduce -10.0%
COF Capital One Financial Corp. 3.14% 201,402 $42.8M Add +4.3%
WMT Walmart Inc. 3.01% 398,868 $41.1M Add +2.4%
SPOT Spotify Technology SA 2.97% 58,025 $40.5M Add +60.2%
PNC PNC Financial Services Group 2.88% 195,372 $39.3M Add +73.1%
TOST Toast Inc. Class A 2.80% 1,045,801 $38.2M Reduce -3.6%
CEG Constellation Energy 2.57% 106,642 $35.1M Reduce -34.9%
AMD Advanced Micro Devices 2.17% 183,385 $29.7M Reduce -5.9%
CBRE CBRE Group Inc. Class A 2.04% 176,725 $27.8M Reduce -26.8%
GOOGL Alphabet Inc. Class A 2.00% 112,423 $27.3M Reduce -33.3%
QRVO Qorvo Inc. 1.85% 276,488 $25.2M New
NFLX Netflix Inc. 1.72% 19,572 $23.5M Reduce -32.0%
RKT Rocket Cos Inc. Class A 1.71% 1,207,165 $23.4M Add +13.4%
BAC Bank of America Corp. filed as BANK AMERICA CORP 1.67% 442,574 $22.8M New
PEP Pepsico Inc. 1.40% 136,303 $19.1M Add +605.2%
MKSI MKS Inc. 1.37% 151,535 $18.8M New
AEVA Aeva Technologies Inc. 1.33% 1,250,989 $18.1M New
SNOW Snowflake Inc. 1.32% 79,676 $18.0M New
CIEN Ciena Corp. 1.31% 122,944 $17.9M Add +320.1%
MDB Mongodb Inc. 1.26% 55,616 $17.3M Reduce -28.9%
ADBE Adobe Inc. 1.24% 47,791 $16.9M Reduce -17.9%
APP AppLovin Corp. Class A 1.21% 22,917 $16.5M Reduce -48.1%
KKR KKR & Co. Inc. 1.19% 124,577 $16.2M Reduce -54.5%
KVYO Klaviyo Inc. Class A 1.04% 514,364 $14.2M Reduce -7.0%
FICO Fair Isaac Corp. 0.99% 9,024 $13.5M Add +335.1%
KEYS Keysight Technologies Inc. 0.89% 69,417 $12.1M New
ICE Intercontinental Exchange Inc. 0.47% 38,053 $6.4M Reduce -89.7%
CART Maplebear Inc. 0.45% 168,609 $6.2M Reduce -76.2%
TSLA Tesla Inc. 0.45% 13,724 $6.1M Add +211.2%
CFLT Confluent Inc. Class A 0.44% 303,441 $6.0M New
RIOT Riot Platforms Inc. 0.43% 306,956 $5.8M New
UWMC Uwm Holdings Corp. 0.42% 946,709 $5.8M New
TEAM Atlassian Corp. Class A 0.40% 34,562 $5.5M New
GTLB Gitlab Inc. Class A 0.39% 117,587 $5.3M Add +133.0%
HUT Hut 8 Corp. 0.39% 152,154 $5.3M New
AVGO Broadcom Inc. 0.30% 12,596 $4.2M Reduce -81.8%
FTNT Fortinet Inc. 0.29% 47,477 $4.0M New
RDDT Reddit Inc. Class A 0.23% 13,631 $3.1M Reduce -55.9%
CNC Centene Corp. 0.21% 78,691 $2.8M Add +96.5%
HAL Halliburton Co. 0.20% 110,619 $2.7M New
AAPL Apple Inc. 0.20% 10,680 $2.7M New
EXE Expand Energy Corp. 0.20% 25,381 $2.7M New
MOH Molina Healthcare Inc. 0.20% 13,955 $2.7M New
TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC 0.19% 54,183 $2.7M New
PWR Quanta Services Inc. 0.19% 6,407 $2.7M New
CZR Caesars Entertainment Inc. 0.19% 97,809 $2.6M Add +8.3%
LMT Lockheed Martin Corp. 0.19% 5,286 $2.6M Reduce -0.9%
COR Cencora Inc. 0.19% 8,437 $2.6M Reduce -1.3%
LLY Eli Lilly & Co. 0.19% 3,442 $2.6M New
MNST Monster Beverage Corp. 0.19% 38,983 $2.6M Reduce -1.2%
LULU Lululemon Athletica Inc. 0.19% 14,739 $2.6M Add +83.2%
CBOE Cboe Global Markets Inc. 0.19% 10,661 $2.6M Reduce -1.2%
V Visa Inc. Class A 0.19% 7,605 $2.6M Add +7.5%
RNR Renaissancere Holdings Ltd. 0.19% 10,221 $2.6M Add +2.2%
K Kellanova 0.19% 31,630 $2.6M New
AR Antero Resources Corp. 0.19% 77,247 $2.6M New
TDY Teledyne Technologies Inc. 0.19% 4,422 $2.6M New
WSO Watsco Inc. 0.19% 6,408 $2.6M New
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.19% 17,875 $2.6M New
CME Cme Group Inc. 0.19% 9,559 $2.6M Add +8.6%
VMC Vulcan Materials Co. 0.19% 8,395 $2.6M Add +55.1%
AFL Aflac Inc. 0.19% 23,114 $2.6M New
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO 0.19% 8,328 $2.6M New
WDAY Workday Inc. Class A 0.19% 10,701 $2.6M Add +975.5%
ATO Atmos Energy Corp. 0.19% 15,059 $2.6M New
NOC Northrop Grumman Corp. 0.19% 4,216 $2.6M Reduce -20.5%
ISRG Intuitive Surgical Inc. 0.19% 5,743 $2.6M New
OTIS Otis Worldwide Corp. 0.19% 28,039 $2.6M Add +8.5%
IT Gartner Inc. 0.19% 9,751 $2.6M Add +71.0%
OXY Occidental Petroleum Corp. 0.19% 54,230 $2.6M Reduce -10.4%
ROST Ross Stores Inc. 0.19% 16,752 $2.6M New
MLM Martin Marietta Materials 0.19% 4,042 $2.5M Reduce -9.2%
MA Mastercard Inc. Class A 0.19% 4,462 $2.5M Add +0.6%
CNK Cinemark Holdings Inc. 0.19% 90,547 $2.5M New
ACN Accenture PLC Class A 0.19% 10,283 $2.5M Add +27.3%
IEX Idex Corp. 0.19% 15,525 $2.5M Add +14.7%
WCN Waste Connections Inc. 0.19% 14,370 $2.5M Add +13.1%
TXT Textron Inc. 0.19% 29,897 $2.5M New
EXPD Expeditors Intl Wash Inc. 0.18% 20,559 $2.5M New
ED Consolidated Edison Inc. 0.18% 25,070 $2.5M Add +122.0%
FWONK Liberty Media Corp. Class C 0.18% 24,115 $2.5M Reduce -6.2%
MSCI MSCI Inc. 0.18% 4,439 $2.5M Reduce -0.8%
AWK American Water Works Co. Inc. 0.18% 18,092 $2.5M Add +3.9%
DUK Duke Energy Corp. 0.18% 20,279 $2.5M Reduce -2.7%
BA The Boeing Co. 0.18% 11,593 $2.5M Reduce -6.2%
AME Ametek Inc. 0.18% 13,307 $2.5M Reduce -5.4%
CLX Clorox Company 0.18% 20,271 $2.5M New
AMP Ameriprise Financial Inc. 0.18% 5,081 $2.5M New
SLB SLB Ltd. filed as SCHLUMBERGER LTD 0.18% 72,611 $2.5M Reduce -2.2%
ACGL Arch Capital Group Ltd. 0.18% 27,503 $2.5M Add +4.0%
HON Honeywell International Inc. 0.18% 11,809 $2.5M New
DLR Digital Realty Trust Inc. 0.18% 14,377 $2.5M New
H Hyatt Hotels Corp. Class A 0.18% 17,478 $2.5M New
FDS Factset Research Systems Inc. 0.18% 8,646 $2.5M Add +60.0%
EQIX Equinix Inc. 0.18% 3,160 $2.5M Add +9.2%
ROP Roper Technologies Inc. 0.18% 4,954 $2.5M Add +19.2%
AKAM Akamai Technologies Inc. 0.18% 32,573 $2.5M New
LIN Linde PLC 0.18% 5,188 $2.5M Reduce -4.8%
AVY Avery Dennison Corp. 0.18% 15,176 $2.5M Add +7.8%
PYPL PayPal Holdings Inc. 0.18% 36,646 $2.5M New
LUV Southwest Airlines Co. 0.18% 76,876 $2.5M Reduce -4.8%
CPRT Copart Inc. 0.18% 54,526 $2.5M New
BRO Brown & Brown Inc. 0.18% 26,028 $2.4M New
MRSH Marsh & McLennan Cos 0.18% 12,111 $2.4M New
FISV Fiserv Inc. 0.18% 18,919 $2.4M New
HUBB Hubbell Inc. 0.18% 5,652 $2.4M Reduce -11.7%
LNG Cheniere Energy Inc. 0.18% 10,349 $2.4M New
POOL Pool Corp. 0.18% 7,833 $2.4M Reduce -5.3%
SBAC SBA Communications Corp. 0.18% 12,557 $2.4M Add +15.3%
CTRA Coterra Energy Inc. 0.18% 102,585 $2.4M New
CHD Church & Dwight Co. Inc. 0.18% 27,670 $2.4M Add +6.2%
CTSH Cognizant Tech Solutions-A 0.18% 36,148 $2.4M New
SHW The Sherwin-Williams Co. 0.18% 6,994 $2.4M New
NVR NVR Inc. 0.18% 300 $2.4M Add +237.1%
MGM MGM Resorts International 0.18% 69,541 $2.4M Reduce -10.4%
DOW Dow Inc. 0.18% 104,910 $2.4M Add +20.6%
GIS General Mills Inc. 0.18% 47,673 $2.4M Add +4.3%
HSIC Henry Schein Inc. 0.18% 36,200 $2.4M Add +3.8%
CRM Salesforce Inc. 0.18% 10,118 $2.4M Reduce -89.1%
FCNCA First Citizens Bcshs Class A 0.18% 1,339 $2.4M Reduce -2.4%
VRSK Verisk Analytics Inc. 0.18% 9,514 $2.4M New
ETN Eaton Corp. PLC 0.18% 6,387 $2.4M New
TYL Tyler Technologies Inc. 0.18% 4,569 $2.4M Add +3.4%
INVH Invitation Homes Inc. 0.18% 81,486 $2.4M New
ABNB Airbnb Inc. Class A 0.18% 19,679 $2.4M Reduce -0.3%
UPS United Parcel Service Class B 0.17% 28,584 $2.4M Add +10.8%
CE Celanese Corp. 0.17% 56,497 $2.4M Add +18.6%
MSI Motorola Solutions Inc. 0.17% 5,190 $2.4M Reduce -13.0%
ZTS Zoetis Inc. 0.17% 16,151 $2.4M Add +83.1%
GDDY GoDaddy Inc. Class A 0.17% 17,270 $2.4M New
CPAY Corpay Inc. 0.17% 8,202 $2.4M New
RRC Range Resources Corp. 0.17% 62,704 $2.4M New
STZ Constellation Brands Inc. Class A 0.17% 17,495 $2.4M Add +29.1%
UNP Union Pacific Corp. 0.17% 9,906 $2.3M New
JKHY Jack Henry & Associates Inc. filed as HENRY JACK & ASSOC INC 0.17% 15,713 $2.3M New
CDW CDW Corp. 0.17% 14,640 $2.3M Add +6.7%
IOT Samsara Inc. Class A 0.17% 62,375 $2.3M New
AMT American Tower Corp. 0.17% 12,051 $2.3M Add +2.1%
DPZ Domino's Pizza Inc. 0.17% 5,355 $2.3M New
GWW WW Grainger Inc. filed as GRAINGER W W INC 0.17% 2,418 $2.3M Add +3.7%
ENPH Enphase Energy Inc. 0.17% 65,070 $2.3M Add +3.2%
PRMB Primo Brands Corp. 0.17% 102,375 $2.3M New
YUM Yum! Brands Inc. 0.17% 14,842 $2.3M Add +38.1%
CPB The Campbell's Company 0.17% 71,401 $2.3M Add +251.1%
HUBS HubSpot Inc. 0.17% 4,818 $2.3M New
MAA Mid-America Apartment Comm 0.16% 16,019 $2.2M New
ZBH Zimmer Biomet Holdings Inc. 0.16% 22,154 $2.2M New
FTV Fortive Corp. 0.16% 43,889 $2.2M New
MAR Marriott International Class A 0.15% 8,067 $2.1M Add +28.3%
DECK Deckers Outdoor Corp. 0.15% 20,413 $2.1M New
MIAX Miami International Holdings 0.15% 50,498 $2.0M New
PEN Penumbra Inc. 0.15% 7,896 $2.0M New
HPQ HP Inc. 0.14% 72,494 $2.0M Add +53.6%
KMX Carmax Inc. 0.14% 42,237 $1.9M New
JPM JPMorgan Chase & Co. 0.14% 5,920 $1.9M New
APD Air Products & Chemicals Inc. 0.14% 6,847 $1.9M New
LNT Alliant Energy Corp. 0.13% 26,618 $1.8M New
DVA Davita Inc. 0.13% 12,871 $1.7M New
MELI MercadoLibre Inc. 0.11% 650 $1.5M New
MNDY Monday.com Ltd. 0.10% 7,259 $1.4M New
PG The Procter & Gamble Co. 0.10% 8,896 $1.4M New
CB Chubb Ltd. 0.10% 4,814 $1.4M Add +59.0%
ZS Zscaler Inc. 0.10% 4,358 $1.3M Reduce -55.7%
SYY Sysco Corp. 0.09% 15,492 $1.3M Reduce -55.7%
CL Colgate-Palmolive Co. 0.09% 14,647 $1.2M New
IR Ingersoll-Rand Inc. 0.08% 13,800 $1.1M Reduce -55.6%
COO The Cooper Cos Inc. 0.08% 16,386 $1.1M Reduce -48.3%
LYV Live Nation Entertainment Inc. 0.07% 6,163 $1.0M Reduce -60.6%
PPG PPG Industries Inc. 0.06% 7,626 $802K New
CHYM Chime Financial Inc. Class A 0.05% 37,053 $747K New
TTWO Take-Two Interactive Softwre 0.05% 2,537 $655K Reduce -66.9%
OMC Omnicom Group 0.03% 4,471 $365K Reduce -86.3%
CI The Cigna Group 0.02% 961 $277K New
FIG Figma Inc. Class A 0.02% 5,000 $259K New

Portfolio Sells Q2 2025 → Q3 2025
ICE Intercontinental Exchange Inc. Reduce -89.7% 0.47% −4.07
DLTR Dollar Tree Inc. Sold out 0.00% −3.39
PM Philip Morris International Sold out 0.00% −3.05
STX Seagate Technology Holdings Sold out 0.00% −2.98
CART Maplebear Inc. Reduce -76.2% 0.45% −1.68
CRM Salesforce Inc. Reduce -89.1% 0.18% −1.51
KKR KKR & Co. Inc. Reduce -54.5% 1.19% −1.25
AVGO Broadcom Inc. Reduce -81.8% 0.30% −0.97
CEG Constellation Energy Reduce -34.9% 2.57% −0.96
NFLX Netflix Inc. Reduce -32.0% 1.72% −0.85
ROKU Roku Inc. Sold out 0.00% −0.73
TWLO Twilio Inc. Class A Sold out 0.00% −0.59
TOST Toast Inc. Class A Reduce -3.6% 2.80% −0.41
AXP American Express Co. Sold out 0.00% −0.35
ADBE Adobe Inc. Reduce -17.9% 1.24% −0.27
ANET Arista Networks Inc. Sold out 0.00% −0.22
CBRE CBRE Group Inc. Class A Reduce -26.8% 2.04% −0.22
CELH Celsius Holdings Inc. Sold out 0.00% −0.21
ON On Semiconductor Sold out 0.00% −0.21
EL Estee Lauder Companies Class A Sold out 0.00% −0.21
HOLX Hologic Inc. Sold out 0.00% −0.20
NKE Nike Inc. Class B Sold out 0.00% −0.20
KVYO Klaviyo Inc. Class A Reduce -7.0% 1.04% −0.20
DDOG Datadog Inc. Class A Sold out 0.00% −0.20
CAT Caterpillar Inc. Sold out 0.00% −0.19
FOUR SHIFT4 Payments Inc. Class A Sold out 0.00% −0.19
TECK Teck Resources Ltd.-CLS B Sold out 0.00% −0.18
LVS Las Vegas Sands Corp. Sold out 0.00% −0.18
HLT Hilton Worldwide Holdings Inc. Sold out 0.00% −0.18
TD Toronto-Dominion Bank Sold out 0.00% −0.18
BALL Ball Corp. Sold out 0.00% −0.18
GPN Global Payments Inc. Sold out 0.00% −0.18
CSX CSX Corp. Sold out 0.00% −0.18
SUI Sun Communities Inc. Sold out 0.00% −0.18
ETSY Etsy Inc. Sold out 0.00% −0.18
LEN Lennar Corp. Class A Sold out 0.00% −0.18
BLDR Builders Firstsource Inc. Sold out 0.00% −0.18
FSLR First Solar Inc. Sold out 0.00% −0.17
WING Wingstop Inc. Sold out 0.00% −0.17
MPC Marathon Petroleum Corp. Sold out 0.00% −0.17
SAIA Saia Inc. Sold out 0.00% −0.17
FND Floor & Decor Holdings Inc. Class A Sold out 0.00% −0.17
DXCM Dexcom Inc. Sold out 0.00% −0.17
SNPS Synopsys Inc. Sold out 0.00% −0.17
EA Electronic Arts Inc. Sold out 0.00% −0.17
O Realty Income Corp. Sold out 0.00% −0.17
PTC PTC Inc. Sold out 0.00% −0.17
MRK Merck & Co. Inc. Sold out 0.00% −0.17
NEE Nextera Energy Inc. Sold out 0.00% −0.17
FANG Diamondback Energy Inc. Sold out 0.00% −0.17

Portfolio Buys Q2 2025 → Q3 2025
QRVO Qorvo Inc. New 1.85% +1.85
BAC Bank of America Corp. New 1.67% +1.67
PNC PNC Financial Services Group Add +73.1% 2.88% +1.47
MKSI MKS Inc. New 1.37% +1.37
AEVA Aeva Technologies Inc. New 1.33% +1.33
SNOW Snowflake Inc. New 1.32% +1.32
C Citigroup Inc. Add +16.3% 3.62% +1.24
PEP Pepsico Inc. Add +605.2% 1.40% +1.23
CIEN Ciena Corp. Add +320.1% 1.31% +1.15
SPOT Spotify Technology SA Add +60.2% 2.97% +1.11
KEYS Keysight Technologies Inc. New 0.89% +0.89
FICO Fair Isaac Corp. Add +335.1% 0.99% +0.74
RKT Rocket Cos Inc. Class A Add +13.4% 1.71% +0.71
WMT Walmart Inc. Add +2.4% 3.01% +0.47
CFLT Confluent Inc. Class A New 0.44% +0.44
RIOT Riot Platforms Inc. New 0.43% +0.43
UWMC Uwm Holdings Corp. New 0.42% +0.42
TEAM Atlassian Corp. Class A New 0.40% +0.40
COF Capital One Financial Corp. Add +4.3% 3.14% +0.39
HUT Hut 8 Corp. New 0.39% +0.39
TSLA Tesla Inc. Add +211.2% 0.45% +0.35
FTNT Fortinet Inc. New 0.29% +0.29
GTLB Gitlab Inc. Class A Add +133.0% 0.39% +0.24
HAL Halliburton Co. New 0.20% +0.20
AAPL Apple Inc. New 0.20% +0.20
EXE Expand Energy Corp. New 0.20% +0.20
MOH Molina Healthcare Inc. New 0.20% +0.20
PWR Quanta Services Inc. New 0.19% +0.19
TTD Trade Desk Inc./the Class A New 0.19% +0.19
LLY Eli Lilly & Co. New 0.19% +0.19
K Kellanova New 0.19% +0.19
AR Antero Resources Corp. New 0.19% +0.19
TDY Teledyne Technologies Inc. New 0.19% +0.19
WSO Watsco Inc. New 0.19% +0.19
TJX TJX Companies Inc. New 0.19% +0.19
AFL Aflac Inc. New 0.19% +0.19
AJG Arthur J Gallagher & Co. New 0.19% +0.19
ATO Atmos Energy Corp. New 0.19% +0.19
ISRG Intuitive Surgical Inc. New 0.19% +0.19
ROST Ross Stores Inc. New 0.19% +0.19
CNK Cinemark Holdings Inc. New 0.19% +0.19
TXT Textron Inc. New 0.19% +0.19
EXPD Expeditors Intl Wash Inc. New 0.18% +0.18
CLX Clorox Company New 0.18% +0.18
AMP Ameriprise Financial Inc. New 0.18% +0.18
HON Honeywell International Inc. New 0.18% +0.18
DLR Digital Realty Trust Inc. New 0.18% +0.18
H Hyatt Hotels Corp. Class A New 0.18% +0.18
AKAM Akamai Technologies Inc. New 0.18% +0.18
PYPL PayPal Holdings Inc. New 0.18% +0.18

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