Hedge Funds Gain Big Money In $DAL

Delta Air Lines Inc. (DAL) rises 7.85% at 12:32 PM EST today as Amex Airline Index adds 2.36% to 34.45 point. According to Reuters, Delta expects 2012 should be "a year of earnings growth." For the fourth quarter 2011, it expects an operating margin of 6 to 8 percent, compared with a previous forecast of 5 to 7 percent.


Among 34 hedge funds that took positions in Delta, we list top 10 hedge funds which may reveal huge gains due to DAL’s price rise.

1. Capital Growth Management - Ken Heebner: gains $11.53 million 2. Blue Ridge Capital - John Griffin: gains $7.94 million 3. Alyeska Investment Group - Anand Parekh: gains $5.75 million 4. GMT Capital - Thomas E. Claugus: gains $3.32 million 5. Highbridge Capital Management - Glenn Russell Dubin: gains $2.80 million 6. Appaloosa Management - David Tepper: gains $1.83 million 7. Vinik Asset Management - Jeffrey Vinik: gains $1.78 million 8. Citadel Investment Group - Ken Griffin: gains $1.50 million 9. Contrarian Capital - Jon Bauer: gains $1.01 million 10. Buckingham Capital Management - David Keidan: gains $983 thousand

DISCLAIMER: These calculations assume that these hedge funds did not increase or reduce their stock positions in DAL since the end of September. We did not take into account their option positions.

blog comments powered by Disqus
Insider Monkey Headlines
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 30 percentage points in 13 months Learn how!


Enter your email:

Delivered by FeedBurner


Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!