Delta Global Management LP
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 18, 2026), Delta Global Management LP reported 156 stock positions worth $1.4 billion. Its top holding was Citigroup (C) at 5.0% of the portfolio, followed by Walmart (WMT, 5.0%) and Schwab (charles) (SCHW, 4.2%). Compared with Q3 2025, it opened 48 new positions, sold out of 72, added to 49 and reduced 59. The biggest buy was a new position in Invesco (IVZ) and the biggest sale Microsoft (MSFT, shares −75%).
- Most Recent 13F
- Q2 2026
- Location
- New York, NY
- CIK
- 0001992724
- Portfolio Value
- $1.4B (Q4 2025)
- SEC Filing
- 0001172661-26-001273 ↗ filed Feb 18, 2026
Holdings Value
Holdings 156 stocks · $1.4B
| C Citigroup Inc. | 5.00% | 588,487 | $68.7M | Add +20.8% |
| WMT Walmart Inc. | 4.98% | 614,128 | $68.4M | Add +54.0% |
| SCHW Schwab (charles) Corp. | 4.17% | 573,016 | $57.3M | Add +16.5% |
| COF Capital One Financial Corp. | 3.98% | 225,459 | $54.6M | Add +11.9% |
| MKSI MKS Inc. | 3.81% | 327,390 | $52.3M | Add +116.0% |
| NVDA Nvidia Corp. | 3.14% | 231,705 | $43.2M | Reduce -33.0% |
| TOST Toast Inc. Class A | 2.95% | 1,141,872 | $40.5M | Add +9.2% |
| CBRE CBRE Group Inc. Class A | 2.79% | 238,553 | $38.4M | Add +35.0% |
| ICE Intercontinental Exchange Inc. | 2.59% | 219,839 | $35.6M | Add +477.7% |
| IVZ Invesco Ltd. | 2.55% | 1,336,596 | $35.1M | New |
| SPOT Spotify Technology SA | 2.52% | 59,697 | $34.7M | Add +2.9% |
| GOOGL Alphabet Inc. Class A | 2.44% | 106,933 | $33.5M | Reduce -4.9% |
| AMD Advanced Micro Devices | 2.34% | 150,335 | $32.2M | Reduce -18.0% |
| HBAN Huntington Bancshares Inc. | 2.02% | 1,600,176 | $27.8M | Reduce -41.7% |
| MDB Mongodb Inc. | 2.01% | 65,697 | $27.6M | Add +18.1% |
| SNOW Snowflake Inc. | 2.00% | 125,559 | $27.5M | Add +57.6% |
| FICO Fair Isaac Corp. | 1.95% | 15,880 | $26.8M | Add +76.0% |
| ANF Abercrombie & Fitch Co. Class A | 1.86% | 203,145 | $25.6M | New |
| KVYO Klaviyo Inc. Class A | 1.86% | 785,308 | $25.5M | Add +52.7% |
| SNDK Sandisk Corp. | 1.81% | 104,927 | $24.9M | New |
| CMG Chipotle Mexican Grill Inc. | 1.60% | 594,273 | $22.0M | New |
| AEVA Aeva Technologies Inc. | 1.57% | 1,623,148 | $21.6M | Add +29.8% |
| PEP Pepsico Inc. | 1.55% | 148,400 | $21.3M | Add +8.9% |
| DECK Deckers Outdoor Corp. | 1.55% | 204,876 | $21.2M | Add +903.6% |
| STX Seagate Technology Holdings | 1.47% | 73,120 | $20.1M | New |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 1.45% | 362,860 | $20.0M | Reduce -18.0% |
| AVGO Broadcom Inc. | 1.41% | 56,153 | $19.4M | Add +345.8% |
| CHYM Chime Financial Inc. Class A | 1.34% | 729,383 | $18.4M | Add +1868.5% |
| MSFT Microsoft Corp. | 1.25% | 35,616 | $17.2M | Reduce -74.8% |
| AMZN Amazon.com Inc. | 1.22% | 72,373 | $16.7M | Reduce -68.7% |
| RKT Rocket Cos Inc. Class A | 1.14% | 808,084 | $15.6M | Reduce -33.1% |
| QRVO Qorvo Inc. | 1.14% | 185,087 | $15.6M | Reduce -33.1% |
| PNC PNC Financial Services Group | 1.06% | 69,492 | $14.5M | Reduce -64.4% |
| ADBE Adobe Inc. | 1.01% | 39,669 | $13.9M | Reduce -17.0% |
| KKR KKR & Co. Inc. | 0.98% | 106,120 | $13.5M | Reduce -14.8% |
| META Meta Platforms Inc. Class A | 0.97% | 20,144 | $13.3M | Reduce -67.8% |
| FIVE Five Below | 0.93% | 67,497 | $12.7M | New |
| MIAX Miami International Holdings | 0.90% | 279,029 | $12.4M | Add +452.6% |
| KEYS Keysight Technologies Inc. | 0.86% | 58,126 | $11.8M | Reduce -16.3% |
| HUT Hut 8 Corp. | 0.85% | 253,958 | $11.7M | Add +66.9% |
| JLL Jones Lang Lasalle Inc. | 0.70% | 28,628 | $9.6M | New |
| RCL Royal Caribbean Cruises Ltd. | 0.66% | 32,461 | $9.1M | New |
| CART Maplebear Inc. | 0.63% | 192,085 | $8.6M | Add +13.9% |
| APP AppLovin Corp. Class A | 0.43% | 8,690 | $5.9M | Reduce -62.1% |
| CRWV Coreweave Inc. Class A | 0.39% | 74,168 | $5.3M | New |
| UWMC Uwm Holdings Corp. | 0.38% | 1,181,999 | $5.2M | Add +24.9% |
| FSLR First Solar Inc. | 0.33% | 17,480 | $4.6M | New |
| TEAM Atlassian Corp. Class A | 0.29% | 24,437 | $4.0M | Reduce -29.3% |
| RIOT Riot Platforms Inc. | 0.28% | 303,180 | $3.8M | Reduce -1.2% |
| GTLB Gitlab Inc. Class A | 0.23% | 83,053 | $3.1M | Reduce -29.4% |
| DDOG Datadog Inc. Class A | 0.20% | 19,754 | $2.7M | New |
| MSI Motorola Solutions Inc. | 0.18% | 6,607 | $2.5M | Add +27.3% |
| WEC WEC Energy Group Inc. | 0.18% | 23,685 | $2.5M | New |
| V Visa Inc. Class A | 0.18% | 7,039 | $2.5M | Reduce -7.4% |
| MSCI MSCI Inc. | 0.18% | 4,297 | $2.5M | Reduce -3.2% |
| AME Ametek Inc. | 0.18% | 11,987 | $2.5M | Reduce -9.9% |
| ROP Roper Technologies Inc. | 0.18% | 5,528 | $2.5M | Add +11.6% |
| MUSA Murphy USA Inc. | 0.18% | 6,090 | $2.5M | New |
| FCNCA First Citizens Bcshs Class A | 0.18% | 1,145 | $2.5M | Reduce -14.5% |
| TDY Teledyne Technologies Inc. | 0.18% | 4,804 | $2.5M | Add +8.6% |
| MA Mastercard Inc. Class A | 0.18% | 4,294 | $2.5M | Reduce -3.8% |
| CTRA Coterra Energy Inc. | 0.18% | 93,075 | $2.4M | Reduce -9.3% |
| LUV Southwest Airlines Co. | 0.18% | 59,186 | $2.4M | Reduce -23.0% |
| AFL Aflac Inc. | 0.18% | 22,175 | $2.4M | Reduce -4.1% |
| UNP Union Pacific Corp. | 0.18% | 10,560 | $2.4M | Add +6.6% |
| HON Honeywell International Inc. | 0.18% | 12,507 | $2.4M | Add +5.9% |
| NOC Northrop Grumman Corp. | 0.18% | 4,276 | $2.4M | Add +1.4% |
| STRL Sterling Infrastructure Inc. | 0.18% | 7,962 | $2.4M | New |
| GWW WW Grainger Inc. | 0.18% | 2,416 | $2.4M | Reduce -0.1% |
| HSIC Henry Schein Inc. | 0.18% | 32,225 | $2.4M | Reduce -11.0% |
| OXY Occidental Petroleum Corp. | 0.18% | 59,230 | $2.4M | Add +9.2% |
| GDDY GoDaddy Inc. Class A | 0.18% | 19,624 | $2.4M | Add +13.6% |
| HUBB Hubbell Inc. | 0.18% | 5,479 | $2.4M | Reduce -3.1% |
| INVH Invitation Homes Inc. | 0.18% | 87,464 | $2.4M | Add +7.3% |
| FITB Fifth Third Bancorp | 0.18% | 51,846 | $2.4M | New |
| LMT Lockheed Martin Corp. | 0.18% | 5,015 | $2.4M | Reduce -5.1% |
| JKHY Jack Henry & Associates Inc. filed as HENRY JACK & ASSOC INC | 0.18% | 13,292 | $2.4M | Reduce -15.4% |
| CHD Church & Dwight Co. Inc. | 0.18% | 28,895 | $2.4M | Add +4.4% |
| MLM Martin Marietta Materials | 0.18% | 3,887 | $2.4M | Reduce -3.8% |
| WSO Watsco Inc. | 0.18% | 7,177 | $2.4M | Add +12.0% |
| NVR NVR Inc. | 0.18% | 331 | $2.4M | Add +10.3% |
| SUI Sun Communities Inc. filed as SUN CMNTYS INC | 0.17% | 19,395 | $2.4M | New |
| TXT Textron Inc. | 0.17% | 27,509 | $2.4M | Reduce -8.0% |
| M Macy's Inc. | 0.17% | 108,338 | $2.4M | New |
| ETN Eaton Corp. PLC | 0.17% | 7,491 | $2.4M | Add +17.3% |
| VMC Vulcan Materials Co. | 0.17% | 8,314 | $2.4M | Reduce -1.0% |
| SO The Southern Co. | 0.17% | 27,147 | $2.4M | New |
| TAP Molson Coors Beverage Co. Class B | 0.17% | 50,564 | $2.4M | New |
| CROX Crocs Inc. | 0.17% | 27,591 | $2.4M | New |
| PWR Quanta Services Inc. | 0.17% | 5,560 | $2.3M | Reduce -13.2% |
| OTIS Otis Worldwide Corp. | 0.17% | 26,657 | $2.3M | Reduce -4.9% |
| CDW CDW Corp. | 0.17% | 16,992 | $2.3M | Add +16.1% |
| LNG Cheniere Energy Inc. | 0.17% | 11,875 | $2.3M | Add +14.8% |
| KLAR Klarna Group PLC | 0.17% | 79,847 | $2.3M | New |
| D Dominion Energy Inc. | 0.17% | 39,341 | $2.3M | New |
| AEP American Electric Power | 0.17% | 19,975 | $2.3M | New |
| RGLD Royal Gold Inc. | 0.17% | 10,323 | $2.3M | New |
| AR Antero Resources Corp. | 0.17% | 66,450 | $2.3M | Reduce -14.0% |
| MAR Marriott International Class A | 0.17% | 7,367 | $2.3M | Reduce -8.7% |
| TT Trane Technologies PLC | 0.17% | 5,866 | $2.3M | New |
Portfolio Sells Q3 2025 → Q4 2025
| MSFT Microsoft Corp. | Reduce -74.8% | 1.25% | −4.11 |
| CEG Constellation Energy | Sold out | 0.00% | −2.57 |
| AMZN Amazon.com Inc. | Reduce -68.7% | 1.22% | −2.50 |
| META Meta Platforms Inc. Class A | Reduce -67.8% | 0.97% | −2.40 |
| PNC PNC Financial Services Group | Reduce -64.4% | 1.06% | −1.82 |
| NFLX Netflix Inc. | Sold out | 0.00% | −1.72 |
| NVDA Nvidia Corp. | Reduce -33.0% | 3.14% | −1.58 |
| HBAN Huntington Bancshares Inc. | Reduce -41.7% | 2.02% | −1.45 |
| CIEN Ciena Corp. | Sold out | 0.00% | −1.31 |
| APP AppLovin Corp. Class A | Reduce -62.1% | 0.43% | −0.78 |
| QRVO Qorvo Inc. | Reduce -33.1% | 1.14% | −0.71 |
| RKT Rocket Cos Inc. Class A | Reduce -33.1% | 1.14% | −0.58 |
| CFLT Confluent Inc. Class A | Sold out | 0.00% | −0.44 |
| TSLA Tesla Inc. | Reduce -82.6% | 0.08% | −0.37 |
| FTNT Fortinet Inc. | Sold out | 0.00% | −0.29 |
| RDDT Reddit Inc. Class A | Sold out | 0.00% | −0.23 |
| ADBE Adobe Inc. | Reduce -17.0% | 1.01% | −0.23 |
| BAC Bank of America Corp. | Reduce -18.0% | 1.45% | −0.22 |
| CNC Centene Corp. | Sold out | 0.00% | −0.21 |
| KKR KKR & Co. Inc. | Reduce -14.8% | 0.98% | −0.20 |
| HAL Halliburton Co. | Sold out | 0.00% | −0.20 |
| AAPL Apple Inc. | Sold out | 0.00% | −0.20 |
| MOH Molina Healthcare Inc. | Sold out | 0.00% | −0.20 |
| TTD Trade Desk Inc./the Class A | Sold out | 0.00% | −0.19 |
| CZR Caesars Entertainment Inc. | Sold out | 0.00% | −0.19 |
| COR Cencora Inc. | Sold out | 0.00% | −0.19 |
| LLY Eli Lilly & Co. | Sold out | 0.00% | −0.19 |
| MNST Monster Beverage Corp. | Sold out | 0.00% | −0.19 |
| LULU Lululemon Athletica Inc. | Sold out | 0.00% | −0.19 |
| CBOE Cboe Global Markets Inc. | Sold out | 0.00% | −0.19 |
| RNR Renaissancere Holdings Ltd. | Sold out | 0.00% | −0.19 |
| K Kellanova | Sold out | 0.00% | −0.19 |
| TJX TJX Companies Inc. | Sold out | 0.00% | −0.19 |
| ATO Atmos Energy Corp. | Sold out | 0.00% | −0.19 |
| ISRG Intuitive Surgical Inc. | Sold out | 0.00% | −0.19 |
| IT Gartner Inc. | Sold out | 0.00% | −0.19 |
| ACN Accenture PLC Class A | Sold out | 0.00% | −0.19 |
| IEX Idex Corp. | Sold out | 0.00% | −0.19 |
| ED Consolidated Edison Inc. | Sold out | 0.00% | −0.18 |
| EXPD Expeditors Intl Wash Inc. | Sold out | 0.00% | −0.18 |
| FWONK Liberty Media Corp. Class C | Sold out | 0.00% | −0.18 |
| AWK American Water Works Co. Inc. | Sold out | 0.00% | −0.18 |
| BA The Boeing Co. | Sold out | 0.00% | −0.18 |
| SLB SLB Ltd. | Sold out | 0.00% | −0.18 |
| H Hyatt Hotels Corp. Class A | Sold out | 0.00% | −0.18 |
| FDS Factset Research Systems Inc. | Sold out | 0.00% | −0.18 |
| EQIX Equinix Inc. | Sold out | 0.00% | −0.18 |
| AKAM Akamai Technologies Inc. | Sold out | 0.00% | −0.18 |
| AVY Avery Dennison Corp. | Sold out | 0.00% | −0.18 |
| PYPL PayPal Holdings Inc. | Sold out | 0.00% | −0.18 |
Portfolio Buys Q3 2025 → Q4 2025
| IVZ Invesco Ltd. | New | 2.55% | +2.55 |
| MKSI MKS Inc. | Add +116.0% | 3.81% | +2.43 |
| ICE Intercontinental Exchange Inc. | Add +477.7% | 2.59% | +2.12 |
| WMT Walmart Inc. | Add +54.0% | 4.98% | +1.97 |
| ANF Abercrombie & Fitch Co. Class A | New | 1.86% | +1.86 |
| SNDK Sandisk Corp. | New | 1.81% | +1.81 |
| CMG Chipotle Mexican Grill Inc. | New | 1.60% | +1.60 |
| STX Seagate Technology Holdings | New | 1.47% | +1.47 |
| DECK Deckers Outdoor Corp. | Add +903.6% | 1.55% | +1.39 |
| C Citigroup Inc. | Add +20.8% | 5.00% | +1.37 |
| CHYM Chime Financial Inc. Class A | Add +1868.5% | 1.34% | +1.28 |
| AVGO Broadcom Inc. | Add +345.8% | 1.41% | +1.11 |
| FICO Fair Isaac Corp. | Add +76.0% | 1.95% | +0.96 |
| FIVE Five Below | New | 0.93% | +0.93 |
| COF Capital One Financial Corp. | Add +11.9% | 3.98% | +0.84 |
| KVYO Klaviyo Inc. Class A | Add +52.7% | 1.86% | +0.81 |
| MIAX Miami International Holdings | Add +452.6% | 0.90% | +0.75 |
| CBRE CBRE Group Inc. Class A | Add +35.0% | 2.79% | +0.75 |
| MDB Mongodb Inc. | Add +18.1% | 2.01% | +0.74 |
| SCHW Schwab (charles) Corp. | Add +16.5% | 4.17% | +0.73 |
| JLL Jones Lang Lasalle Inc. | New | 0.70% | +0.70 |
| SNOW Snowflake Inc. | Add +57.6% | 2.00% | +0.69 |
| RCL Royal Caribbean Cruises Ltd. | New | 0.66% | +0.66 |
| HUT Hut 8 Corp. | Add +66.9% | 0.85% | +0.46 |
| CRWV Coreweave Inc. Class A | New | 0.39% | +0.39 |
| FSLR First Solar Inc. | New | 0.33% | +0.33 |
| AEVA Aeva Technologies Inc. | Add +29.8% | 1.57% | +0.24 |
| DDOG Datadog Inc. Class A | New | 0.20% | +0.20 |
| WEC WEC Energy Group Inc. | New | 0.18% | +0.18 |
| MUSA Murphy USA Inc. | New | 0.18% | +0.18 |
| STRL Sterling Infrastructure Inc. | New | 0.18% | +0.18 |
| FITB Fifth Third Bancorp | New | 0.18% | +0.18 |
| SUI Sun Communities Inc. | New | 0.17% | +0.17 |
| CART Maplebear Inc. | Add +13.9% | 0.63% | +0.17 |
| M Macy's Inc. | New | 0.17% | +0.17 |
| SO The Southern Co. | New | 0.17% | +0.17 |
| CROX Crocs Inc. | New | 0.17% | +0.17 |
| TAP Molson Coors Beverage Co. Class B | New | 0.17% | +0.17 |
| KLAR Klarna Group PLC | New | 0.17% | +0.17 |
| D Dominion Energy Inc. | New | 0.17% | +0.17 |
| AEP American Electric Power | New | 0.17% | +0.17 |
| RGLD Royal Gold Inc. | New | 0.17% | +0.17 |
| TT Trane Technologies PLC | New | 0.17% | +0.17 |
| PGR Progressive Corp. | New | 0.16% | +0.16 |
| CRDO Credo Technology Group Holdi | New | 0.16% | +0.16 |
| OKLO Oklo Inc. | New | 0.16% | +0.16 |
| ALK Alaska Air Group Inc. | New | 0.16% | +0.16 |
| TMUS T-Mobile US Inc. | New | 0.16% | +0.16 |
| EQT Eqt Corp. | New | 0.16% | +0.16 |
| CSGP Costar Group Inc. | 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 |