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Delta Accumulation, LLC

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13F filer, CIK 1808389, SAUSALITO, CA

Delta Accumulation, LLC reported $2,714,359,927 across 194 holdings for the quarter ended 2025-12-31, in a 13F-HR/A filed 2026-02-05. Its ten largest share positions make up 96.18% of the portfolio.

Filed (acceptance time not in the bulk data set), ingested 13F-HR/A 0001808389-26-000007

Period
2025-12-31
Reported value
$2.71B
Holdings
194
Top 10 weight
96.18%
New
15
Sold out
20

Largest buys vs the previous quarter

SecurityShares changeApprox. value
JPMadded+178,302$57.5M
WMBnew+245,348$14.7M
CAHnew+17,500$3.6M
COSTnew+800$690K
BACadded+28$1.54K

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Largest sells vs the previous quarter

SecurityShares changeApprox. value
PNCreduced-8,208-$1.72M
GSreduced-200-$176K
SMRexited-4,800-$55.6K

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Holdings, Q4 2025

Share positions as resolved from 13F-HR/A 0001808389-26-000007, largest first. % of portfolio is the value over $98,184,747, the sum of the share positions whose value is usable for ratios (method).

SecurityHistorySharesValue% of portfolioChangeLatest eventTimeline
JPMJPMORGAN CHASE & COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 4 shares; 2025Q2: 23,004 shares; 2025Q3: 23,006 shares; 2025Q4: 201,308 shares 201,308$64.9M66.06%+178,302Timeline
WMBWILLIAMS COS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 245,348 shares 245,348$14.7M15.02%newTimeline
CAHCARDINAL HEALTH INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 17,500 shares 17,500$3.6M3.66%newTimeline
AXPAMERICAN EXPRESS COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 8,500 shares; 2025Q4: 8,500 shares 8,500$3.14M3.2%0Timeline
METAMETA PLATFORMS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 2,647 shares; 2024Q4: 2,647 shares; 2025Q1: 2,647 shares; 2025Q2: 2,647 shares; 2025Q3: 2,647 shares; 2025Q4: 2,647 shares 2,647$1.75M1.78%0Timeline
QQQINVESCO QQQ TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 2,221 shares; 2024Q4: 2,305 shares; 2025Q1: 2,308 shares; 2025Q2: 2,393 shares; 2025Q3: 2,395 shares; 2025Q4: 2,397 shares 2,397$1.47M1.5%+2Timeline
PANWPALO ALTO NETWORKS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 3,920 shares; 2024Q4: 7,840 shares; 2025Q1: 7,770 shares; 2025Q2: 7,770 shares; 2025Q3: 7,770 shares; 2025Q4: 7,770 shares 7,770$1.43M1.46%0Timeline
GSGOLDMAN SACHS GROUP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 1,600 shares; 2025Q4: 1,400 shares 1,400$1.23M1.25%-200Timeline
HCAHCA HEALTHCARE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 2,500 shares; 2024Q4: 2,500 shares; 2025Q1: 2,500 shares; 2025Q2: 2,500 shares; 2025Q3: 2,500 shares; 2025Q4: 2,500 shares 2,500$1.17M1.19%0Timeline
NVDANVIDIA CORPORATIONQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 10,000 shares; 2024Q4: 10,000 shares; 2025Q1: 5,000 shares; 2025Q2: 5,541 shares; 2025Q3: 5,541 shares; 2025Q4: 5,541 shares 5,541$1.03M1.05%0Timeline
MSFTMICROSOFT CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,620 shares; 2024Q4: 1,623 shares; 2025Q1: 1,626 shares; 2025Q2: 1,628 shares; 2025Q3: 1,630 shares; 2025Q4: 1,633 shares 1,633$790K0.8%+3Timeline
COSTCOSTCO WHOLESALE CORPORATIONQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 36,700 shares; 2025Q3: not reported; 2025Q4: 800 shares 800$690K0.7%newTimeline
TSLATESLA INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 395 shares; 2024Q4: 395 shares; 2025Q1: 1,395 shares; 2025Q2: 1,395 shares; 2025Q3: 1,395 shares; 2025Q4: 1,395 shares 1,395$627K0.64%0Timeline
MAMASTERCARD INCORPORATEDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,022 shares; 2024Q4: 1,023 shares; 2025Q1: 1,024 shares; 2025Q2: 1,025 shares; 2025Q3: 1,026 shares; 2025Q4: 1,027 shares 1,027$586K0.6%+1Timeline
ABNBAIRBNB INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 3,847 shares; 2024Q4: 3,847 shares; 2025Q1: 3,847 shares; 2025Q2: 3,847 shares; 2025Q3: 3,847 shares; 2025Q4: 3,847 shares 3,847$522K0.53%0Timeline
BACBANK OF AMER CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 5,599 shares; 2024Q4: 5,632 shares; 2025Q1: 5,667 shares; 2025Q2: 5,698 shares; 2025Q3: 5,728 shares; 2025Q4: 5,756 shares 5,756$317K0.32%+28Timeline
SGOVISHARES TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 2,853 shares; 2024Q4: 2,853 shares; 2025Q1: 2,853 shares; 2025Q2: 1,962 shares; 2025Q3: 1,962 shares; 2025Q4: 1,962 shares 1,962$197K0.2%0Timeline
TSNTYSON FOODS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 20,014 shares; 2024Q4: 20,019 shares; 2025Q1: 119 shares; 2025Q2: 120 shares; 2025Q3: 121 shares; 2025Q4: 122 shares 122$7.15K0.01%+1Timeline
WFCWELLS FARGO & COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 73 shares; 2024Q4: 73 shares; 2025Q1: 73 shares; 2025Q2: 73 shares; 2025Q3: 73 shares; 2025Q4: 73 shares 73$6.8K0.01%0Timeline
TFCTRUIST FINL CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 15,335 shares; 2024Q4: 15,339 shares; 2025Q1: 39 shares; 2025Q2: 39 shares; 2025Q3: 39 shares; 2025Q4: 39 shares 39$1.92K<0.01%0Timeline
TCOMTRIP COM GROUP LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 20 shares; 2024Q4: 20 shares; 2025Q1: 20 shares; 2025Q2: 20 shares; 2025Q3: 20 shares; 2025Q4: 20 shares 20$1.44K<0.01%0Timeline
SBUXSTARBUCKS CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 14 shares; 2024Q4: 14 shares; 2025Q1: 14 shares; 2025Q2: 14 shares; 2025Q3: 14 shares; 2025Q4: 14 shares 14$1.18K<0.01%0Timeline
DGDOLLAR GEN CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 8,302 shares; 2024Q4: 8,303 shares; 2025Q1: 3 shares; 2025Q2: 3 shares; 2025Q3: 3 shares; 2025Q4: 3 shares 3$398<0.01%0Timeline
GISGENERAL MILLS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 11,302 shares; 2024Q4: 11,304 shares; 2025Q1: 7 shares; 2025Q2: 7 shares; 2025Q3: 7 shares; 2025Q4: 7 shares 7$326<0.01%0Timeline
PNCPNC FINL SVCS GROUP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 4,105 shares; 2024Q4: 4,105 shares; 2025Q1: 8,206 shares; 2025Q2: 8,208 shares; 2025Q3: 8,209 shares; 2025Q4: 1 shares 1$209<0.01%-8,208Timeline
BMYBRISTOL-MYERS SQUIBB COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 8,100 shares; 2025Q1: 2 shares; 2025Q2: 2 shares; 2025Q3: 2 shares; 2025Q4: 2 shares 2$108<0.01%0Timeline

Options

Puts and calls, as filed. The amount and value describe the underlying shares, not the option premium, so they stay out of % of portfolio (H5).

The largest 100 of 168. All 168

SecurityTypeAmountValueChange
JPMJPMORGAN CHASE & CO COMput178,300$388M-759,300
BNYBANK OF NY MELLON CORP Stockput1,389,000$161M+534,200
JPMJPMORGAN CHASE & CO COMcall4,000$146M-507,100
WMTWALMART INC COMput13,200$141M0
BNYBANK OF NY MELLON CORP Stockcall977,300$113M+287,100
WMTWALMART INC COMcall13,200$89.2M0
CAHCARDINAL HEALTH INC COMput336,800$69.2M+153,700
SPYSTATE STR SPDR S&P 500 ETF T SHSput5,500$60.5M0
SPYSTATE STR SPDR S&P 500 ETF T SHScall5,500$55.4M0
TJXTJX COS INC NEW COMput21,200$54.3M0
WMBWILLIAMS COS INC Stockput24,700$52.8M0
COSTCOSTCO WHOLESALE CORPORATION COMput54,000$46.6M-4,300
QQQINVESCO QQQ TR COMput800$44.5M0
QQQINVESCO QQQ TR COMcall800$43.4M0
TJXTJX COS INC NEW COMcall21,200$39.8M0
CCITIGROUP INC COMput325,200$37.9M+248,200
CAHCARDINAL HEALTH INC COMcall180,200$37M+14,600
CORCENCORA INC Stockput101,400$34.2M+55,400
CMICUMMINS INC Stockput66,300$33.8M+41,000
MCKMCKESSON CORP Stockput1,300$33.3M0
BACBANK OF AMER CORP COMput560,800$30.8M+187,700
GDGENERAL DYNAMICS CORP Stockput86,400$29.1M+12,900
WELLWELLTOWER INC REITcall2,800$27.4M0
GDGENERAL DYNAMICS CORP Stockcall81,400$27.4M+12,900
BACBANK OF AMER CORP COMcall495,900$27.3M+131,100
WELLWELLTOWER INC REITput2,800$26.7M0
COSTCOSTCO WHOLESALE CORPORATION COMcall30,500$26.3M-3,700
CORCENCORA INC Stockcall72,400$24.5M+34,500
BLACKROCK INCBLACKROCK INC COMput22,100$23.7M+6,500
CMICUMMINS INC Stockcall45,800$23.4M+25,800
CCITIGROUP INC COMcall194,000$22.6M+128,400
CSCOCISCO SYS INC COMput274,600$21.2M+133,500
MCKMCKESSON CORP Stockcall1,300$20.8M0
CSCOCISCO SYS INC COMcall268,000$20.6M+126,900
BLACKROCK INCBLACKROCK INC COMcall18,600$19.9M+6,500
WFCWELLS FARGO & CO COMput21,600$17.2M-32,500
RTXRTX CORPORATION COMput5,900$16.2M0
RTXRTX CORPORATION COMcall5,900$15.1M0
CBOECBOE GLOBAL MKTS INC Stockput52,200$13.1M+21,600
CBOECBOE GLOBAL MKTS INC Stockcall52,200$13.1M+21,600
WMBWILLIAMS COS INC Stockcall216,400$13M+191,700
FASTFASTENAL CO Stockput322,300$12.9M-54,800
MSFTMICROSOFT CORP COMput1,200$12.4M0
PGRPROGRESSIVE CORP COMcall7,600$12.3M0
ABBVABBVIE INC COMput53,700$12.3M+11,700
PGRPROGRESSIVE CORP COMput7,600$12.2M0
WFCWELLS FARGO & CO COMcall21,600$12.2M0
CLCOLGATE PALMOLIVE CO Stockcall136,200$10.8M+33,300
ABBVABBVIE INC COMcall47,100$10.8M+11,700
FASTFASTENAL CO Stockcall255,500$10.3M-54,800
MSFTMICROSOFT CORP COMcall1,200$9.91M0
LMTLOCKHEED MARTIN CORP COMcall2,600$9.87M-5,400
GSGOLDMAN SACHS GROUP INC COMput10,500$9.23M+5,800
PMPHILIP MORRIS INTL INC COMput12,400$8.87M-17,300
PMPHILIP MORRIS INTL INC COMcall12,400$8.87M0
ALLALLSTATE CORP Stockput41,800$8.7M-28,800
NSCNORFOLK SOUTHN CORP Stockput2,900$8.34M0
TAT&T INC COMput323,900$8.05M+308,400
TAT&T INC COMcall323,900$8.05M+308,400
PEPPEPSICO INC COMput5,100$7.56M0
PEPPEPSICO INC COMcall5,100$7.56M0
MSMORGAN STANLEY COMput2,700$7.39M0
MSMORGAN STANLEY COMcall2,700$7.39M0
AXPAMERICAN EXPRESS CO COMput19,400$7.18M+8,500
NSCNORFOLK SOUTHN CORP Stockcall2,900$6.84M0
LOWLOWES COS INC COMcall4,500$6.34M0
IWMISHARES TR SHSput25,500$6.28M+13,800
IWMISHARES TR SHScall25,500$6.28M+10,800
AAPLAPPLE INC COMput22,400$6.09Mnew
AAPLAPPLE INC COMcall22,400$6.09M+7,600
LMTLOCKHEED MARTIN CORP COMput5,200$6M+100
CHRWC H ROBINSON WORLDWIDE IN Stockput37,200$5.98M+10,400
IBMINTERNATIONAL BUSINESS MACHS COMput20,100$5.95M+4,800
ALLALLSTATE CORP Stockcall27,700$5.77M-28,800
NOCNORTHROP GRUMMAN CORP Stockput1,800$5.3M0
NOCNORTHROP GRUMMAN CORP Stockcall1,800$5.3M0
ICEINTERCONTINENTAL EXCHANGE IN COMput32,300$5.23M-55,100
ICEINTERCONTINENTAL EXCHANGE IN COMcall32,300$5.23M-47,500
CHRWC H ROBINSON WORLDWIDE IN Stockcall32,000$5.14M+5,200
HCAHCA HEALTHCARE INC COMput11,000$5.14M+6,700
GSGOLDMAN SACHS GROUP INC COMcall5,800$5.1M+2,700
CLCOLGATE PALMOLIVE CO Stockput63,600$5.03M+33,300
CLXCLOROX CO DEL COMput41,800$4.21M0
CLXCLOROX CO DEL COMcall41,800$4.21M0
LOWLOWES COS INC COMput9,400$4.2M0
PNCPNC FINL SVCS GROUP INC Stockcall15,000$3.97M0
TMUST-MOBILE US INC COMput19,500$3.96M+15,600
TMUST-MOBILE US INC COMcall19,500$3.96M+15,600
TRVTRAVELERS COMPANIES INC Stockput2,500$3.57M0
TRVTRAVELERS COMPANIES INC Stockcall2,500$3.57M0
STZCONSTELLATION BRANDS INC Stockcall18,600$3.5M0
EAELECTRONIC ARTS INC Stockput16,100$3.29M0
IBMINTERNATIONAL BUSINESS MACHS COMcall11,100$3.29M0
EAELECTRONIC ARTS INC Stockcall15,600$3.19M0
HCAHCA HEALTHCARE INC COMcall6,700$3.13M0
PAYXPAYCHEX INC COMcall10,400$3.08M0
NDAQNASDAQ INC Stockput10,700$3.03M0
NDAQNASDAQ INC Stockcall10,700$3.03M0
MMM3M CO Stockput4,200$2.98M-4,200
GILDGILEAD SCIENCES INC COMput23,200$2.85M+11,600

Sold out in Q4 2025

Positions in the previous quarter's report that this quarter's report no longer lists.

SecurityShares beforeValue beforeType
CMECME GROUP INC40,000$8.83Mput
CMECME GROUP INC40,000$8.83Mcall
STZCONSTELLATION BRANDS INC18,600$4.79Mput
LNGCHENIERE ENERGY INC5,900$2.12Mput
BMYBRISTOL-MYERS SQUIBB CO33,500$1.73Mput
BMYBRISTOL-MYERS SQUIBB CO33,500$1.73Mcall
MAMASTERCARD INCORPORATED3,200$1.58Mcall
AIGAMERICAN INTL GROUP INC20,600$1.51Mput
AIGAMERICAN INTL GROUP INC20,600$1.51Mcall
FISFIDELITY NATL INFORMATION SV15,400$1.29Mput
FISFIDELITY NATL INFORMATION SV15,400$1.29Mcall
CTSHCOGNIZANT TECHNOLOGY SOLUTIO14,900$1.15Mput
CTSHCOGNIZANT TECHNOLOGY SOLUTIO14,900$1.15Mcall
GWWWW GRAINGER INC1,100$1.14Mput
GWWWW GRAINGER INC1,100$1.14Mcall
LNGCHENIERE ENERGY INC5,900$1.06Mcall
PRUPRUDENTIAL FINL INC5,400$654Kput
AMGNAMGEN INC1,600$516Kput
AMGNAMGEN INC1,600$516Kcall
SMRNUSCALE PWR CORP4,800$55.6Kshares

How Q4 2025 was built

Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).

FilingRoleAmendmentFiledAcceptedIngested
13F-HR 0001808389-26-000006 superseded2026-02-04acceptance time not in the bulk data set
13F-HR/A 0001808389-26-000007 baserestatement2026-02-05acceptance time not in the bulk data set