What Do These Top Institutional Shareholders Make of Delta’s Investment?

Delta Airlines (NYSE:DAL): A move that was initially meant to save the airline money and create a more efficient supply chain may be backfiring, as the oil refinery that Delta has purchased reportedly lost $63 million during the first quarter, its first in operation. Robert Campbell of Reuters says that the prognosis doesn’t look positive either, and doubts that the airline will see the fuel savings that were the driving force behind the purchase in the first place.

These institutional firms indicated owning shares of Delta Air Lines Inc. in Q1 2013. They reported owning a total of 49.257 million shares on 03/31/2013. The shares closed at $16.51 on 03/31/2013.

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Here are the ten largest positions in Delta Air Lines Inc. at the end of March 31st, 2013.

Vanguard Group Inc. held 44,322,634 shares on 03/31/2013 worth $731,766,697. This brought the portfolio total to 0.08%.

First Quadrant LP held 1,507,012 shares on 03/31/2013 worth $24,880,768. This brought the portfolio total to 0.69%.

Parametric Portfolio Associates LLC held 1,208,747 shares on 03/31/2013 worth $19,956,413. This brought the portfolio total to 0.07%.

Rockefeller Financial Services Inc. held 885,126 shares on 03/31/2013 worth $14,613,430. This brought the portfolio total to 0.28%.

Korea Investment Corp. held 409,400 shares on 03/31/2013 worth $6,759,194. This brought the portfolio total to 0.09%.

Chevy Chase Trust Holdings Inc. held 194,098 shares on 03/31/2013 worth $3,204,558. This brought the portfolio total to 0.03%.

Employees Retirement System of Texas held 175,000 shares on 03/31/2013 worth $2,889,250. This brought the portfolio total to 0.04%.

First American Trust Co. held 148,886 shares on 03/31/2013 worth $2,458,000. This brought the portfolio total to 0.88%.

First Citizens Bank & Trust Co. held 87,700 shares on 03/31/2013 worth $1,448,000. This brought the portfolio total to 0.05%.

Shell Asset Management Co. held 62,089 shares on 03/31/2013 worth $755,000.

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