Delta Accumulation, LLC

CIK

1808389

Location

SAUSALITO, CA

Portfolio Value

Mid $1,764,046,409

Diversification

Moderately concentrated

Filing Date

Global Rank

#1,410 / 8,633 ▲ 275

Top Industry

Banks - Diversified 51.1%

3Y Alpha vs SPY

+6.7%

Period ended 51 days ago

Filed Aug 5, 2026 · 15d

19 quarters · since Dec 2021

Clone Performance

Aug 2023–Aug 2026 · vs SPY

Hypothetical growth of buying every stock this filer reported holding, rebalancing on each filing and indexed to the same start. Option positions cannot be bought this way and are left out.

Not a measure of this manager's performance. Most of Delta Accumulation, LLC's reported book is option positions, which a stock-only clone cannot replicate. The figures below are the return of the 3% that is ordinary stock — as little as 1% in one quarter — so a manager whose options thesis lost money can still show a large gain here.

Cloned portfolio

+101.1%

SPY

+76.2%

Annualised alpha

+5.5%

Max drawdown

−18.1%

Estimate. 13F holdings are quarter-lagged, so the clone rebalances about 45 days after each period end — when the filing becomes public — and it excludes option and short positions. Returns use comparable raw closes and exclude dividends; a captured split can shorten the simulated window. It tracks 3% of reported value on average across 13 quarters. Past performance does not predict future results.

Portfolio Concentration

80 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026

Top Position

36.7%

+12.0 pts

Top 5

63.4%

−2.6 pts

Top 10

76.4%

−8.4 pts

HHI

1,587

Moderately concentrated+357

Portfolio Trend

19 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Financial Services	58.1%	$1,025,279,197	18
Healthcare	11.6%	$203,888,749	8
Industrials	11.5%	$201,991,447	13
Technology	6.3%	$111,902,786	7
Consumer Defensive	6.0%	$105,370,173	12
Unclassified	2.7%	$48,260,676	4
Consumer Cyclical	2.1%	$36,560,757	9
Energy	0.8%	$14,513,860	3
Utilities	0.7%	$12,100,316	2
Real Estate	0.1%	$2,269,700	1
Communication Services	0.1%	$1,908,748	3

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

12 positions

Ticker	Company	Δ Shares	Shares	Value
BNY	Bank of New York Mellon Corp	+2,133,206	4,472,113	$646,712,260
CSX	Csx Corp	+250,800	342,200	$16,264,766
CSCO	Cisco Systems, Inc.	+154,400	743,600	$87,343,256
FE	Firstenergy Corp	+95,200	172,800	$8,214,912
JNJ	Johnson & Johnson	+70,400	159,400	$40,482,818
C	Citigroup Inc	+64,207	385,215	$53,914,691
CBOE	Cboe Global Markets, Inc.	+53,700	224,400	$54,455,148
CVX	Chevron Corp	+32,400	49,200	$8,155,392
AAPL	Apple Inc.	+9,200	24,400	$7,060,384
CMI	Cummins Inc	+6,600	127,000	$90,577,670
ABNB	Airbnb, Inc.	+3,800	7,647	$1,094,285
GWW	W.W. Grainger, Inc.	+3,400	5,000	$6,802,000
No positions match the current search.

Trimmed

Positions the filer reduced

16 positions

Ticker	Company	Δ Shares	Shares	Value
JPM	Jpmorgan Chase & Co	−166,600	495,826	$162,298,724
COR	Cencora, Inc.	−152,500	33,700	$9,536,426
CAH	Cardinal Health Inc	−139,701	555,600	$131,988,336
BAC	Bank Of America Corp /De/	−92,196	251,000	$14,301,980
GIS	General Mills Inc	−89,800	108,607	$3,779,523
GD	General Dynamics Corp	−79,400	78,000	$27,630,720
CL	Colgate Palmolive Co	−69,000	213,000	$19,527,840
CLX	Clorox Co /De/	−35,800	35,800	$3,416,752
CHRW	C. H. Robinson Worldwide, Inc.	−26,800	58,800	$11,074,392
GILD	Gilead Sciences, Inc.	−19,600	23,200	$2,931,088
FISV	Fiserv Inc	−11,400	2,600	$127,530
EA	Electronic Arts Inc.	−7,400	500	$102,520
COST	Costco Wholesale Corp /New	−7,300	19,800	$18,522,306
CTAS	Cintas Corp	−7,000	12,800	$2,177,024
HCA	HCA Healthcare, Inc.	−4,600	3,400	$1,325,626
BA	Boeing Co	−1,400	1,400	$303,058
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
MS	Morgan Stanley	224,800	$46,992,192
QQQ	Invesco Qqq Trust, Series 1	44,130	$32,497,332
LMT	Lockheed Martin Corp	46,900	$23,893,674
MNST	Monster Beverage Corp	235,800	$22,665,096
SPY	Spdr S&P 500 ETF Trust	19,902	$14,862,216
WMT	Walmart Inc.	127,500	$14,440,650
MCK	Mckesson Corp	15,400	$11,636,240
NOC	Northrop Grumman Corp /De/	20,600	$10,491,786
PEP	Pepsico Inc	62,400	$8,448,960
PNC	Pnc Financial Services Group, Inc.	32,601	$8,027,018
MO	Altria Group, Inc.	107,800	$7,756,210
MAR	Marriott International Inc /Md/	19,000	$7,041,210
TRV	Travelers Companies, Inc.	19,600	$6,470,352
MSFT	Microsoft Corp	16,900	$6,304,038
MRK	Merck & Co., Inc.	46,600	$5,988,100
PGR	Progressive Corp/Oh/	26,200	$5,723,390
RF	Regions Financial Corp	159,000	$4,801,800
TJX	Tjx Companies Inc /De/	29,706	$4,500,459
RTX	RTX Corp	23,700	$4,496,601
PM	Philip Morris International Inc.	24,000	$4,341,840
CME	Cme Group Inc.	17,600	$3,886,608
V	Visa Inc.	11,200	$3,842,608
ICE	Intercontinental Exchange, Inc.	30,200	$3,717,922
WM	Waste Management Inc	16,200	$3,610,656
PAYX	Paychex Inc	32,800	$3,225,224
No positions match the current search.

Sold Out

Positions the filer fully exited

4 positions

Ticker	Company	Shares	Value
HD	Home Depot, Inc.	17,400	$5,722,686
APD	Air Products & Chemicals, Inc.	13,400	$3,892,566
HSY	Hershey Co	10,600	$2,203,634
AFL	Aflac Inc	14,800	$1,623,708
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

80 tracked positions · $1,764,046,409 total · filing declares 156 positions · $2,501,050,429 · as of Jun 30, 2026

All sectors Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 80 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
BNY	Bank of New York Mellon Corp PUT CALL + SHARES Financial Services	Added	4,472,113	+2,133,206	$646,712,260	+133.1%	36.66%
JPM	Jpmorgan Chase & Co PUT CALL + SHARES Financial Services	Reduced	495,826	-166,600	$162,298,724	−16.7%	9.20%
CAH	Cardinal Health Inc PUT CALL Healthcare	Reduced	555,600	-139,701	$131,988,336	−10.2%	7.48%
CMI	Cummins Inc PUT CALL + SHARES Industrials	Added	127,000	+6,600	$90,577,670	+39.8%	5.13%
CSCO	Cisco Systems, Inc. PUT CALL + SHARES Technology	Added	743,600	+154,400	$87,343,256	+91.1%	4.95%
CBOE	Cboe Global Markets, Inc. PUT CALL Financial Services	Added	224,400	+53,700	$54,455,148	+13.5%	3.09%
C	Citigroup Inc PUT CALL + SHARES Financial Services	Added	385,215	+64,207	$53,914,691	+48.1%	3.06%
MS	Morgan Stanley PUT CALL Financial Services	NEW	224,800	NEW	$46,992,192	NEW	2.66%
JNJ	Johnson & Johnson PUT CALL Healthcare	Added	159,400	+70,400	$40,482,818	+86.1%	2.29%
QQQ	Invesco Qqq Trust, Series 1 PUT CALL + SHARES	NEW	44,130	NEW	$32,497,332	NEW	1.84%
GD	General Dynamics Corp PUT CALL Industrials	Reduced	78,000	-79,400	$27,630,720	−48.9%	1.57%
LMT	Lockheed Martin Corp PUT CALL Industrials	NEW	46,900	NEW	$23,893,674	NEW	1.35%
MNST	Monster Beverage Corp PUT CALL Consumer Defensive	NEW	235,800	NEW	$22,665,096	NEW	1.28%
CL	Colgate Palmolive Co PUT CALL Consumer Defensive	Reduced	213,000	-69,000	$19,527,840	−18.8%	1.11%
COST	Costco Wholesale Corp /New PUT CALL Consumer Defensive	Reduced	19,800	-7,300	$18,522,306	−31.4%	1.05%
CSX	Csx Corp PUT CALL Industrials	Added	342,200	+250,800	$16,264,766	+333.5%	0.92%
HLT	Hilton Worldwide Holdings Inc. PUT CALL Consumer Cyclical	Held	48,600	0	$16,060,356	+8.7%	0.91%
SPY	Spdr S&P 500 ETF Trust PUT CALL + SHARES	NEW	19,902	NEW	$14,862,216	NEW	0.84%
WMT	Walmart Inc. PUT CALL Consumer Defensive	NEW	127,500	NEW	$14,440,650	NEW	0.82%
BAC	Bank Of America Corp /De/ PUT CALL + SHARES Financial Services	Reduced	251,000	-92,196	$14,301,980	−14.5%	0.81%
MCK	Mckesson Corp CALL Healthcare	NEW	15,400	NEW	$11,636,240	NEW	0.66%
CHRW	C. H. Robinson Worldwide, Inc. PUT CALL Industrials	Reduced	58,800	-26,800	$11,074,392	−22.1%	0.63%
NOC	Northrop Grumman Corp /De/ PUT CALL Industrials	NEW	20,600	NEW	$10,491,786	NEW	0.59%
COR	Cencora, Inc. PUT CALL Healthcare	Reduced	33,700	-152,500	$9,536,426	−83.7%	0.54%
PEP	Pepsico Inc PUT CALL Consumer Defensive	NEW	62,400	NEW	$8,448,960	NEW	0.48%
FE	Firstenergy Corp PUT CALL Utilities	Added	172,800	+95,200	$8,214,912	+109.0%	0.47%
CVX	Chevron Corp PUT CALL Energy	Added	49,200	+32,400	$8,155,392	+134.6%	0.46%
PNC	Pnc Financial Services Group, Inc. PUT CALL + SHARES Financial Services	NEW	32,601	NEW	$8,027,018	NEW	0.46%
MO	Altria Group, Inc. PUT CALL Consumer Defensive	NEW	107,800	NEW	$7,756,210	NEW	0.44%
AAPL	Apple Inc. PUT CALL Technology	Added	24,400	+9,200	$7,060,384	+83.0%	0.40%
MAR	Marriott International Inc /Md/ PUT CALL Consumer Cyclical	NEW	19,000	NEW	$7,041,210	NEW	0.40%
GWW	W.W. Grainger, Inc. PUT CALL Industrials	Added	5,000	+3,400	$6,802,000	+289.7%	0.39%
TRV	Travelers Companies, Inc. PUT CALL Financial Services	NEW	19,600	NEW	$6,470,352	NEW	0.37%
MSFT	Microsoft Corp CALL Technology	NEW	16,900	NEW	$6,304,038	NEW	0.36%
MRK	Merck & Co., Inc. PUT CALL Healthcare	NEW	46,600	NEW	$5,988,100	NEW	0.34%
PGR	Progressive Corp/Oh/ PUT CALL Financial Services	NEW	26,200	NEW	$5,723,390	NEW	0.32%
GS	Goldman Sachs Group Inc PUT CALL + SHARES Financial Services	Held	5,401	0	$5,462,409	+19.5%	0.31%
KMI	Kinder Morgan, Inc. PUT CALL Energy	Held	160,400	0	$5,127,988	−4.7%	0.29%
RF	Regions Financial Corp PUT CALL Financial Services	NEW	159,000	NEW	$4,801,800	NEW	0.27%
TJX	Tjx Companies Inc /De/ PUT CALL + SHARES Consumer Cyclical	NEW	29,706	NEW	$4,500,459	NEW	0.26%
RTX	RTX Corp PUT CALL Industrials	NEW	23,700	NEW	$4,496,601	NEW	0.25%
PM	Philip Morris International Inc. PUT CALL Consumer Defensive	NEW	24,000	NEW	$4,341,840	NEW	0.25%
ADP	Automatic Data Processing Inc CALL Technology	Held	18,800	0	$4,210,260	+10.2%	0.24%
CME	Cme Group Inc. PUT CALL Financial Services	NEW	17,600	NEW	$3,886,608	NEW	0.22%
AEP	American Electric Power Co Inc PUT CALL Utilities	Held	28,400	0	$3,885,404	+4.4%	0.22%
V	Visa Inc. PUT CALL Financial Services	NEW	11,200	NEW	$3,842,608	NEW	0.22%
GIS	General Mills Inc CALL + SHARES Consumer Defensive	Reduced	108,607	-89,800	$3,779,523	−48.8%	0.21%
ICE	Intercontinental Exchange, Inc. PUT CALL Financial Services	NEW	30,200	NEW	$3,717,922	NEW	0.21%
WM	Waste Management Inc PUT CALL Industrials	NEW	16,200	NEW	$3,610,656	NEW	0.20%
CLX	Clorox Co /De/ CALL Consumer Defensive	Reduced	35,800	-35,800	$3,416,752	−54.0%	0.19%

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.