# Delta Air Lines (DAL): value investors who own it

3 value investors held Delta Air Lines in their Q3 2026 13F, led by Harris Associates (Oakmark), Berkshire Hathaway, First Eagle Investment Management.

## 13F holders

| Manager | Portfolio | Value | Change | Quarters held |
| --- | --- | --- | --- | --- |
| Harris Associates (Oakmark) | 2.1% | $1.6bn | Trimmed -3.7% | 10 |
| Berkshire Hathaway | 1.8% | $5.4bn | Added +44% | 2 |
| First Eagle Investment Management | 0.0% | $1.4m | Added +26% | 11 |

## Directors buying and selling (Form 4, last 12 months)

| Date | Who | Role | Bought or sold | Shares | Value |
| --- | --- | --- | --- | --- | --- |
| 2026-08-05 | Sear Steven M | EVP - Global Sales & Distrib | Sold | 40460 | $3.8m |
| 2026-08-05 | HUERTA MICHAEL P | Director | Sold | 3100 | $292k |
| 2026-08-04 | Bastian Edward H | Chief Executive Officer | Sold | 206510 | $19.2m |
| 2026-08-04 | Carter Peter W | President | Sold | 39900 | $3.7m |
| 2026-08-04 | BELLEMARE ALAIN | EVP & Pres. - International | Sold | 35000 | $3.2m |
| 2026-08-03 | DEWALT DAVID G | Director | Sold | 31756 | $2.9m |

Source: SEC filings, via moatshark (https://www.moatshark.com/s/dal). Values traded and returns are estimates. Not investment advice. Built 2026-10-21.