Delta Accumulation, LLC
Follow13F 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
| Security | Shares change | Approx. 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
| Security | Shares change | Approx. 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.
Back to all 26 share positions
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).
| Security | Type | Amount | Value | Change |
|---|---|---|---|---|
| JPMJPMORGAN CHASE & CO COM | put | 178,300 | $388M | -759,300 |
| BNYBANK OF NY MELLON CORP Stock | put | 1,389,000 | $161M | +534,200 |
| JPMJPMORGAN CHASE & CO COM | call | 4,000 | $146M | -507,100 |
| WMTWALMART INC COM | put | 13,200 | $141M | 0 |
| BNYBANK OF NY MELLON CORP Stock | call | 977,300 | $113M | +287,100 |
| WMTWALMART INC COM | call | 13,200 | $89.2M | 0 |
| CAHCARDINAL HEALTH INC COM | put | 336,800 | $69.2M | +153,700 |
| SPYSTATE STR SPDR S&P 500 ETF T SHS | put | 5,500 | $60.5M | 0 |
| SPYSTATE STR SPDR S&P 500 ETF T SHS | call | 5,500 | $55.4M | 0 |
| TJXTJX COS INC NEW COM | put | 21,200 | $54.3M | 0 |
| WMBWILLIAMS COS INC Stock | put | 24,700 | $52.8M | 0 |
| COSTCOSTCO WHOLESALE CORPORATION COM | put | 54,000 | $46.6M | -4,300 |
| QQQINVESCO QQQ TR COM | put | 800 | $44.5M | 0 |
| QQQINVESCO QQQ TR COM | call | 800 | $43.4M | 0 |
| TJXTJX COS INC NEW COM | call | 21,200 | $39.8M | 0 |
| CCITIGROUP INC COM | put | 325,200 | $37.9M | +248,200 |
| CAHCARDINAL HEALTH INC COM | call | 180,200 | $37M | +14,600 |
| CORCENCORA INC Stock | put | 101,400 | $34.2M | +55,400 |
| CMICUMMINS INC Stock | put | 66,300 | $33.8M | +41,000 |
| MCKMCKESSON CORP Stock | put | 1,300 | $33.3M | 0 |
| BACBANK OF AMER CORP COM | put | 560,800 | $30.8M | +187,700 |
| GDGENERAL DYNAMICS CORP Stock | put | 86,400 | $29.1M | +12,900 |
| WELLWELLTOWER INC REIT | call | 2,800 | $27.4M | 0 |
| GDGENERAL DYNAMICS CORP Stock | call | 81,400 | $27.4M | +12,900 |
| BACBANK OF AMER CORP COM | call | 495,900 | $27.3M | +131,100 |
| WELLWELLTOWER INC REIT | put | 2,800 | $26.7M | 0 |
| COSTCOSTCO WHOLESALE CORPORATION COM | call | 30,500 | $26.3M | -3,700 |
| CORCENCORA INC Stock | call | 72,400 | $24.5M | +34,500 |
| BLACKROCK INCBLACKROCK INC COM | put | 22,100 | $23.7M | +6,500 |
| CMICUMMINS INC Stock | call | 45,800 | $23.4M | +25,800 |
| CCITIGROUP INC COM | call | 194,000 | $22.6M | +128,400 |
| CSCOCISCO SYS INC COM | put | 274,600 | $21.2M | +133,500 |
| MCKMCKESSON CORP Stock | call | 1,300 | $20.8M | 0 |
| CSCOCISCO SYS INC COM | call | 268,000 | $20.6M | +126,900 |
| BLACKROCK INCBLACKROCK INC COM | call | 18,600 | $19.9M | +6,500 |
| WFCWELLS FARGO & CO COM | put | 21,600 | $17.2M | -32,500 |
| RTXRTX CORPORATION COM | put | 5,900 | $16.2M | 0 |
| RTXRTX CORPORATION COM | call | 5,900 | $15.1M | 0 |
| CBOECBOE GLOBAL MKTS INC Stock | put | 52,200 | $13.1M | +21,600 |
| CBOECBOE GLOBAL MKTS INC Stock | call | 52,200 | $13.1M | +21,600 |
| WMBWILLIAMS COS INC Stock | call | 216,400 | $13M | +191,700 |
| FASTFASTENAL CO Stock | put | 322,300 | $12.9M | -54,800 |
| MSFTMICROSOFT CORP COM | put | 1,200 | $12.4M | 0 |
| PGRPROGRESSIVE CORP COM | call | 7,600 | $12.3M | 0 |
| ABBVABBVIE INC COM | put | 53,700 | $12.3M | +11,700 |
| PGRPROGRESSIVE CORP COM | put | 7,600 | $12.2M | 0 |
| WFCWELLS FARGO & CO COM | call | 21,600 | $12.2M | 0 |
| CLCOLGATE PALMOLIVE CO Stock | call | 136,200 | $10.8M | +33,300 |
| ABBVABBVIE INC COM | call | 47,100 | $10.8M | +11,700 |
| FASTFASTENAL CO Stock | call | 255,500 | $10.3M | -54,800 |
| MSFTMICROSOFT CORP COM | call | 1,200 | $9.91M | 0 |
| LMTLOCKHEED MARTIN CORP COM | call | 2,600 | $9.87M | -5,400 |
| GSGOLDMAN SACHS GROUP INC COM | put | 10,500 | $9.23M | +5,800 |
| PMPHILIP MORRIS INTL INC COM | put | 12,400 | $8.87M | -17,300 |
| PMPHILIP MORRIS INTL INC COM | call | 12,400 | $8.87M | 0 |
| ALLALLSTATE CORP Stock | put | 41,800 | $8.7M | -28,800 |
| NSCNORFOLK SOUTHN CORP Stock | put | 2,900 | $8.34M | 0 |
| TAT&T INC COM | put | 323,900 | $8.05M | +308,400 |
| TAT&T INC COM | call | 323,900 | $8.05M | +308,400 |
| PEPPEPSICO INC COM | put | 5,100 | $7.56M | 0 |
| PEPPEPSICO INC COM | call | 5,100 | $7.56M | 0 |
| MSMORGAN STANLEY COM | put | 2,700 | $7.39M | 0 |
| MSMORGAN STANLEY COM | call | 2,700 | $7.39M | 0 |
| AXPAMERICAN EXPRESS CO COM | put | 19,400 | $7.18M | +8,500 |
| NSCNORFOLK SOUTHN CORP Stock | call | 2,900 | $6.84M | 0 |
| LOWLOWES COS INC COM | call | 4,500 | $6.34M | 0 |
| IWMISHARES TR SHS | put | 25,500 | $6.28M | +13,800 |
| IWMISHARES TR SHS | call | 25,500 | $6.28M | +10,800 |
| AAPLAPPLE INC COM | put | 22,400 | $6.09M | new |
| AAPLAPPLE INC COM | call | 22,400 | $6.09M | +7,600 |
| LMTLOCKHEED MARTIN CORP COM | put | 5,200 | $6M | +100 |
| CHRWC H ROBINSON WORLDWIDE IN Stock | put | 37,200 | $5.98M | +10,400 |
| IBMINTERNATIONAL BUSINESS MACHS COM | put | 20,100 | $5.95M | +4,800 |
| ALLALLSTATE CORP Stock | call | 27,700 | $5.77M | -28,800 |
| NOCNORTHROP GRUMMAN CORP Stock | put | 1,800 | $5.3M | 0 |
| NOCNORTHROP GRUMMAN CORP Stock | call | 1,800 | $5.3M | 0 |
| ICEINTERCONTINENTAL EXCHANGE IN COM | put | 32,300 | $5.23M | -55,100 |
| ICEINTERCONTINENTAL EXCHANGE IN COM | call | 32,300 | $5.23M | -47,500 |
| CHRWC H ROBINSON WORLDWIDE IN Stock | call | 32,000 | $5.14M | +5,200 |
| HCAHCA HEALTHCARE INC COM | put | 11,000 | $5.14M | +6,700 |
| GSGOLDMAN SACHS GROUP INC COM | call | 5,800 | $5.1M | +2,700 |
| CLCOLGATE PALMOLIVE CO Stock | put | 63,600 | $5.03M | +33,300 |
| CLXCLOROX CO DEL COM | put | 41,800 | $4.21M | 0 |
| CLXCLOROX CO DEL COM | call | 41,800 | $4.21M | 0 |
| LOWLOWES COS INC COM | put | 9,400 | $4.2M | 0 |
| PNCPNC FINL SVCS GROUP INC Stock | call | 15,000 | $3.97M | 0 |
| TMUST-MOBILE US INC COM | put | 19,500 | $3.96M | +15,600 |
| TMUST-MOBILE US INC COM | call | 19,500 | $3.96M | +15,600 |
| TRVTRAVELERS COMPANIES INC Stock | put | 2,500 | $3.57M | 0 |
| TRVTRAVELERS COMPANIES INC Stock | call | 2,500 | $3.57M | 0 |
| STZCONSTELLATION BRANDS INC Stock | call | 18,600 | $3.5M | 0 |
| EAELECTRONIC ARTS INC Stock | put | 16,100 | $3.29M | 0 |
| IBMINTERNATIONAL BUSINESS MACHS COM | call | 11,100 | $3.29M | 0 |
| EAELECTRONIC ARTS INC Stock | call | 15,600 | $3.19M | 0 |
| HCAHCA HEALTHCARE INC COM | call | 6,700 | $3.13M | 0 |
| PAYXPAYCHEX INC COM | call | 10,400 | $3.08M | 0 |
| NDAQNASDAQ INC Stock | put | 10,700 | $3.03M | 0 |
| NDAQNASDAQ INC Stock | call | 10,700 | $3.03M | 0 |
| MMM3M CO Stock | put | 4,200 | $2.98M | -4,200 |
| GILDGILEAD SCIENCES INC COM | put | 23,200 | $2.85M | +11,600 |
| USBUS BANCORP COM NEW | put | 17,700 | $2.62M | new |
| USBUS BANCORP COM NEW | call | 17,700 | $2.62M | 0 |
| WMWASTE MGMT INC DEL COM | put | 3,800 | $2.61M | +900 |
| WMWASTE MGMT INC DEL COM | call | 8,100 | $2.61M | +5,200 |
| AFLAFLAC INC Stock | put | 22,800 | $2.51M | +15,100 |
| OKEONEOK INC NEW COM | call | 11,200 | $2.32M | 0 |
| DEDEERE & CO COM | put | 4,900 | $2.28M | -5,200 |
| DEDEERE & CO COM | call | 4,900 | $2.28M | -5,200 |
| DRIDARDEN RESTAURANTS INC Stock | put | 12,100 | $2.23M | -2,000 |
| DRIDARDEN RESTAURANTS INC Stock | call | 12,100 | $2.23M | -2,000 |
| DHRDANAHER CORP DEL COM | call | 9,400 | $2.15M | 0 |
| PANWPALO ALTO NETWORKS INC COM | put | 7,700 | $2.06M | 0 |
| APDAIR PRODUCTS AND CHEMICALS I COM | call | 8,000 | $1.98M | +6,700 |
| MRKMERCK & CO INC COM | call | 10,100 | $1.88M | 0 |
| KRKROGER CO Stock | put | 29,000 | $1.81M | 0 |
| KRKROGER CO Stock | call | 29,000 | $1.81M | 0 |
| SHWSHERWIN WILLIAMS CO COM | call | 3,400 | $1.78M | 0 |
| ADPAUTOMATIC DATA PROCESSING IN COM | put | 6,800 | $1.75M | 0 |
| ADPAUTOMATIC DATA PROCESSING IN COM | call | 6,800 | $1.75M | 0 |
| TFCTRUIST FINL CORP Stock | call | 2,200 | $1.71M | 0 |
| AFLAFLAC INC Stock | call | 15,100 | $1.67M | +7,400 |
| APDAIR PRODUCTS AND CHEMICALS I COM | put | 6,700 | $1.66M | +5,400 |
| MOALTRIA GROUP INC COM | put | 28,600 | $1.65M | +16,000 |
| MOALTRIA GROUP INC COM | call | 28,600 | $1.65M | +16,000 |
| HSYHERSHEY CO Stock | put | 9,000 | $1.64M | 0 |
| HSYHERSHEY CO Stock | call | 9,000 | $1.64M | 0 |
| MMM3M CO Stock | call | 4,200 | $1.63M | 0 |
| TFCTRUIST FINL CORP Stock | put | 32,500 | $1.6M | new |
| SPGIS&P GLOBAL INC COM | put | 2,900 | $1.52M | +1,300 |
| SPGIS&P GLOBAL INC COM | call | 2,900 | $1.52M | +1,300 |
| GILDGILEAD SCIENCES INC COM | call | 11,600 | $1.42M | 0 |
| HLTHILTON WORLDWIDE HLDGS INC Stock | put | 4,800 | $1.38M | new |
| HLTHILTON WORLDWIDE HLDGS INC Stock | call | 4,800 | $1.38M | 0 |
| PAYXPAYCHEX INC COM | put | 10,400 | $1.17M | 0 |
| STTSTATE STR CORP Stock | put | 8,600 | $1.11M | 0 |
| STTSTATE STR CORP Stock | call | 8,600 | $1.11M | 0 |
| PGPROCTER & GAMBLE CO COM | put | 6,600 | $946K | new |
| PGPROCTER & GAMBLE CO COM | call | 6,600 | $946K | new |
| FISVFISERV INC COM | call | 14,000 | $940K | 0 |
| AXPAMERICAN EXPRESS CO COM | call | 2,400 | $888K | 0 |
| GISGENERAL MILLS INC Stock | put | 18,800 | $874K | 0 |
| GISGENERAL MILLS INC Stock | call | 18,800 | $874K | 0 |
| PNCPNC FINL SVCS GROUP INC Stock | put | 4,000 | $835K | new |
| PFEPFIZER INC COM | put | 32,300 | $804K | 0 |
| PFEPFIZER INC COM | call | 32,300 | $804K | 0 |
| ROSTROSS STORES INC Stock | put | 4,400 | $793K | new |
| ROSTROSS STORES INC Stock | call | 4,400 | $793K | new |
| EMREMERSON ELEC CO Stock | put | 5,300 | $703K | 0 |
| EMREMERSON ELEC CO Stock | call | 5,300 | $703K | 0 |
| SHWSHERWIN WILLIAMS CO COM | put | 2,100 | $680K | 0 |
| MNSTMONSTER BEVERAGE CORP NEW Stock | put | 8,800 | $675K | 0 |
| MNSTMONSTER BEVERAGE CORP NEW Stock | call | 8,800 | $675K | 0 |
| CTASCINTAS CORP Stock | put | 3,500 | $658K | new |
| CTASCINTAS CORP Stock | call | 3,500 | $658K | new |
| TSLATESLA INC COM | put | 1,400 | $630K | +100 |
| PRUPRUDENTIAL FINL INC Stock | call | 5,400 | $610K | 0 |
| MAMASTERCARD INCORPORATED COM | put | 1,000 | $571K | +100 |
| NVDANVIDIA CORPORATION COM | put | 3,000 | $560K | 0 |
| TSNTYSON FOODS INC Stock | call | 8,900 | $522K | 0 |
| ELVELEVANCE HEALTH INC FORMERLY COM | call | 1,100 | $386K | 0 |
| BABOEING CO COM | call | 1,400 | $304K | 0 |
| DDDUPONT DE NEMOURS INC Stock | call | 6,800 | $273K | 0 |
| GLDSPDR GOLD TR GOLD SHS | call | 600 | $238K | new |
| VVISA INC COM | put | 500 | $175K | 0 |
| VVISA INC COM | call | 500 | $175K | 0 |
| SYKSTRYKER CORPORATION COM | put | 400 | $141K | 0 |
| SYKSTRYKER CORPORATION COM | call | 400 | $141K | 0 |
| UNHUNITEDHEALTH GROUP INC COM | call | 400 | $132K | 0 |
Sold out in Q4 2025
Positions in the previous quarter's report that this quarter's report no longer lists.
| Security | Shares before | Value before | Type |
|---|---|---|---|
| CMECME GROUP INC | 40,000 | $8.83M | put |
| CMECME GROUP INC | 40,000 | $8.83M | call |
| STZCONSTELLATION BRANDS INC | 18,600 | $4.79M | put |
| LNGCHENIERE ENERGY INC | 5,900 | $2.12M | put |
| BMYBRISTOL-MYERS SQUIBB CO | 33,500 | $1.73M | put |
| BMYBRISTOL-MYERS SQUIBB CO | 33,500 | $1.73M | call |
| MAMASTERCARD INCORPORATED | 3,200 | $1.58M | call |
| AIGAMERICAN INTL GROUP INC | 20,600 | $1.51M | put |
| AIGAMERICAN INTL GROUP INC | 20,600 | $1.51M | call |
| FISFIDELITY NATL INFORMATION SV | 15,400 | $1.29M | put |
| FISFIDELITY NATL INFORMATION SV | 15,400 | $1.29M | call |
| CTSHCOGNIZANT TECHNOLOGY SOLUTIO | 14,900 | $1.15M | put |
| CTSHCOGNIZANT TECHNOLOGY SOLUTIO | 14,900 | $1.15M | call |
| GWWWW GRAINGER INC | 1,100 | $1.14M | put |
| GWWWW GRAINGER INC | 1,100 | $1.14M | call |
| LNGCHENIERE ENERGY INC | 5,900 | $1.06M | call |
| PRUPRUDENTIAL FINL INC | 5,400 | $654K | put |
| AMGNAMGEN INC | 1,600 | $516K | put |
| AMGNAMGEN INC | 1,600 | $516K | call |
| SMRNUSCALE PWR CORP | 4,800 | $55.6K | shares |
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).
| Filing | Role | Amendment | Filed | Accepted | Ingested |
|---|---|---|---|---|---|
| 13F-HR 0001808389-26-000006 | superseded | 2026-02-04 | acceptance time not in the bulk data set | ||
| 13F-HR/A 0001808389-26-000007 | base | restatement | 2026-02-05 | acceptance time not in the bulk data set |