Richard Pzena
Pzena Investment Management
Richard Pzena Delta Air Lines Inc stake
total: 584
Pzena Investment Management DAL trades
- Total transactions:
- 8
- New positions:
- 1
- Added:
- 1
- Reduced:
- 6
- Held since:
- 2024 Q3
- Held for:
- 8 quarters
- Latest activity:
- 2026 Q2
According to 2026 Q2 report, Richard Pzena holds 2,618,707 Delta Air Lines Inc (DAL) shares with a market value of roughly $245.27M accounting for 0.72% of the overall portfolio. To date, the estimated cost basis is nearly $50.77 for "buy" trades and estimated average "sell" price is $62.59. Pzena Investment Management first purchased DAL in 2024 Q3, initially acquiring about 5.54M shares. Since the initial investment in Delta Air Lines Inc (DAL), Pzena Investment Management has made 7 more transactions.
When did Richard Pzena buy Delta Air Lines Inc (DAL)?
Richard Pzena first invested in Delta Air Lines Inc (DAL) in 2024 Q3 at the reported quarter-end price of $50.79 per share.
What's the cost basis of Pzena Investment Management's DAL stake?
The estimated cost basis for Delta Air Lines Inc (DAL) stake is around $50.77 per share. This represents their average reported price* across all buy transactions
Estimated cost basis*
- Weighted AVG buy price:
- $50.77
- Weighted AVG sell price:
- $62.59
Richard Pzena's historical trades in Delta Air Lines Inc
8 results
| Period |
% of portfolio |
Shares held after* |
Reported price* |
Value* |
% (shares) of activity |
% change to portfolio |
|---|---|---|---|---|---|---|
|
2026 Q2
|
0.72%
|
2,618,707
|
$93.66
|
$245,268,098
|
-6.73% (-188,960)
|
-0.06%
|
|
2026 Q1
|
0.61%
|
2,807,667
|
$66.48
|
$186,653,702
|
-5.87% (-175,126)
|
-0.03%
|
|
2025 Q4
|
0.62%
|
2,982,793
|
$69.40
|
$207,005,835
|
-29.49% (-1,247,625)
|
-0.28%
|
|
2025 Q3
|
0.78%
|
4,230,418
|
$56.75
|
$240,076,222
|
-1.90% (-81,999)
|
-0.02%
|
|
2025 Q2
|
0.69%
|
4,312,417
|
$49.18
|
$212,084,669
|
+1.91% (+80,805)
|
+0.01%
|
|
2025 Q1
|
0.64%
|
4,231,612
|
$43.60
|
$184,498,283
|
-14.21% (-700,658)
|
-0.1%
|
|
2024 Q4
|
1.02%
|
4,932,270
|
$60.50
|
$298,402,335
|
-10.92% (-604,370)
|
-0.12%
|
|
2024 Q3
|
0.91%
|
5,536,640
|
$50.79
|
$281,205,945
|
new
|
+0.91%
|
* Shares, change to shares, sold shares, shares held after: split-adjusted.
* Reported price: this doesn't represent the actual buy or sell price. It is the split-adjusted price of the security as of the last day of the reported period.
If the security is completely sold out, we show the reported split-adjusted price prior to the actual period.
If the security is completely sold out, we show the reported split-adjusted price prior to the actual period.
* Estimated cost basis: based on "Reported price*" (not earlier than 2013 Q2). Calculation starts from the latest "new buy" activity to the latest "close out" activity (if any).
* Value or Price: If the security is completely sold out, we show the reported value (or price) prior to the actual period.
* New buy or own: this means there is no earlier reporting (for us or in general). So we can't know if the actual purchase of the security happened at the reported period or earlier.