Q4 2025 · 13F-HR
Delta Accumulation, LLCholdings as filed
Filed 2026-02-04 · accession 0001808389-26-000006
$2.04B
Reported value
194
Positions
2025-12-31
Period end
The Brief · Delta Accumulation, LLC · Q4 2025
AI · grounded in 13F
Delta Accumulation, LLC increased its position in C by 264.1%. The fund also accumulated shares in CMI by 147.5% and COR by 107.2%. On the selling side, the fund closed its position in CME, reducing its exposure by $17.65M.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 46625H100 | JPM | JPMORGAN CHASE & CO | $254.1M | 12.5% | 178,300 | PUT | NONE |
| 931142103 | WMT | WALMART INC | $102.0M | 5.00% | 13,200 | PUT | NONE |
| 064058100 | BK | BANK NEW YORK MELLON CORP | $99.8M | 4.89% | 1,389,000 | PUT | NONE |
| 46625H100 | JPM | JPMORGAN CHASE & CO | $95.6M | 4.69% | 4,000 | CALL | NONE |
| 931142103 | WMT | WALMART INC | $94.3M | 4.62% | 13,200 | CALL | NONE |
| 064058100 | BK | BANK NEW YORK MELLON CORP | $70.2M | 3.44% | 977,300 | CALL | NONE |
| 78462F103 | SPY | SPDR S&P 500 ETF TR | $50.9M | 2.49% | 5,500 | PUT | NONE |
| 22160K105 | COST | COSTCO WHSL CORP NEW | $47.9M | 2.35% | 54,000 | PUT | NONE |
| 78462F103 | SPY | SPDR S&P 500 ETF TR | $46.6M | 2.29% | 5,500 | CALL | NONE |
| 46625H100 | JPM | JPMORGAN CHASE & CO | $42.4M | 2.08% | 201,308 | Common | SOLE |
| 872540109 | TJX | TJX COS INC NEW | $41.5M | 2.04% | 21,200 | PUT | NONE |
| 969457100 | WMB | WILLIAMS COS INC | $40.1M | 1.96% | 24,700 | PUT | NONE |
| 14149Y108 | CAH | CARDINAL HEALTH INC | $37.2M | 1.82% | 336,800 | PUT | NONE |
| 46090E103 | QQQ | INVESCO QQQ TR | $35.3M | 1.73% | 800 | PUT | NONE |
| 46090E103 | QQQ | INVESCO QQQ TR | $34.5M | 1.69% | 800 | CALL | NONE |
| 872540109 | TJX | TJX COS INC NEW | $30.4M | 1.49% | 21,200 | CALL | NONE |
| 22160K105 | COST | COSTCO WHSL CORP NEW | $27.0M | 1.33% | 30,500 | CALL | NONE |
| 369550108 | GD | GENERAL DYNAMICS CORP | $26.1M | 1.28% | 86,400 | PUT | NONE |
| 369550108 | GD | GENERAL DYNAMICS CORP | $24.6M | 1.21% | 81,400 | CALL | NONE |
| 03073E105 | COR | CENCORA INC | $22.8M | 1.12% | 101,400 | PUT | NONE |
| 060505104 | BAC | BANK AMERICA CORP | $22.3M | 1.09% | 560,800 | PUT | NONE |
| 231021106 | CMI | CUMMINS INC | $21.5M | 1.05% | 66,300 | PUT | NONE |
| 09247X101 | BLKCHF | BLACKROCK INC | $21.0M | 1.03% | 22,100 | PUT | NONE |
| 172967424 | C | CITIGROUP INC | $20.4M | 1.00% | 325,200 | PUT | NONE |
| 58155Q103 | MCK | MCKESSON CORP | $20.1M | 0.98% | 1,300 | PUT | NONE |
| 14149Y108 | CAH | CARDINAL HEALTH INC | $19.9M | 0.98% | 180,200 | CALL | NONE |
| 060505104 | BAC | BANK AMERICA CORP | $19.7M | 0.96% | 495,900 | CALL | NONE |
| 95040Q104 | WELL | WELLTOWER INC | $18.9M | 0.93% | 2,800 | CALL | NONE |
| 95040Q104 | WELL | WELLTOWER INC | $18.4M | 0.90% | 2,800 | PUT | NONE |
| 09247X101 | BLKCHF | BLACKROCK INC | $17.7M | 0.87% | 18,600 | CALL | NONE |
| 03073E105 | COR | CENCORA INC | $16.3M | 0.80% | 72,400 | CALL | NONE |
| 231021106 | CMI | CUMMINS INC | $14.8M | 0.73% | 45,800 | CALL | NONE |
| 17275R102 | CSCO | CISCO SYS INC | $14.6M | 0.72% | 274,600 | PUT | NONE |
| 17275R102 | CSCO | CISCO SYS INC | $14.3M | 0.70% | 268,000 | CALL | NONE |
| 194162103 | CL | COLGATE PALMOLIVE CO | $14.1M | 0.69% | 136,200 | CALL | NONE |
| 743315103 | PGR | PROGRESSIVE CORP | $13.7M | 0.67% | 7,600 | CALL | NONE |
| 743315103 | PGR | PROGRESSIVE CORP | $13.6M | 0.67% | 7,600 | PUT | NONE |
| 58155Q103 | MCK | MCKESSON CORP | $12.5M | 0.61% | 1,300 | CALL | NONE |
| 172967424 | C | CITIGROUP INC | $12.1M | 0.60% | 194,000 | CALL | NONE |
| 539830109 | LMT | LOCKHEED MARTIN CORP | $11.9M | 0.58% | 2,600 | CALL | NONE |
| 311900104 | FAST | FASTENAL CO | $11.5M | 0.56% | 322,300 | PUT | NONE |
| 969457100 | WMB | WILLIAMS COS INC | $11.2M | 0.55% | 245,348 | Common | SOLE |
| 594918104 | MSFT | MICROSOFT CORP | $11.1M | 0.54% | 1,200 | PUT | NONE |
| 75513E101 | RTX | RAYTHEON TECHNOLOGIES CORP | $10.7M | 0.53% | 5,900 | PUT | NONE |
| 12503M108 | CBOE | CBOE GLOBAL MKTS INC | $10.7M | 0.52% | 52,200 | PUT | NONE |
| 12503M108 | CBOE | CBOE GLOBAL MKTS INC | $10.7M | 0.52% | 52,200 | CALL | NONE |
| 00287Y109 | ABBV | ABBVIE INC | $10.6M | 0.52% | 53,700 | PUT | NONE |
| 949746101 | WMT2 | WELLS FARGO CO NEW | $10.4M | 0.51% | 21,600 | PUT | NONE |
| 75513E101 | RTX | RAYTHEON TECHNOLOGIES CORP | $10.0M | 0.49% | 5,900 | CALL | NONE |
| 969457100 | WMB | WILLIAMS COS INC | $9.9M | 0.48% | 216,400 | CALL | NONE |
| 00287Y109 | ABBV | ABBVIE INC | $9.3M | 0.46% | 47,100 | CALL | NONE |
| 311900104 | FAST | FASTENAL CO | $9.1M | 0.45% | 255,500 | CALL | NONE |
| 713448108 | PEP | PEPSICO INC | $9.0M | 0.44% | 5,100 | CALL | NONE |
| 713448108 | PEP | PEPSICO INC | $9.0M | 0.44% | 5,100 | PUT | NONE |
| 594918104 | MSFT | MICROSOFT CORP | $8.8M | 0.43% | 1,200 | CALL | NONE |
| 020002101 | ALL | ALLSTATE CORP | $7.9M | 0.39% | 41,800 | PUT | NONE |
| 949746101 | WMT2 | WELLS FARGO CO NEW | $7.4M | 0.36% | 21,600 | CALL | NONE |
| 539830109 | LMT | LOCKHEED MARTIN CORP | $7.2M | 0.36% | 5,200 | PUT | NONE |
| 655844108 | NSC | NORFOLK SOUTHN CORP | $7.2M | 0.35% | 2,900 | PUT | NONE |
| 00206R102 | T | AT&T INC | $7.1M | 0.35% | 323,900 | PUT | NONE |
| 00206R102 | T | AT&T INC | $7.1M | 0.35% | 323,900 | CALL | NONE |
| 548661107 | LOW | LOWES COS INC | $7.1M | 0.35% | 4,500 | CALL | NONE |
| 189054109 | CLX | CLOROX CO DEL | $6.8M | 0.33% | 41,800 | PUT | NONE |
| 189054109 | CLX | CLOROX CO DEL | $6.8M | 0.33% | 41,800 | CALL | NONE |
| 718172109 | PM | PHILIP MORRIS INTL INC | $6.7M | 0.33% | 12,400 | CALL | NONE |
| 718172109 | PM | PHILIP MORRIS INTL INC | $6.7M | 0.33% | 12,400 | PUT | NONE |
| 194162103 | CL | COLGATE PALMOLIVE CO | $6.6M | 0.32% | 63,600 | PUT | NONE |
| 21036P108 | STZ | CONSTELLATION BRANDS INC | $6.5M | 0.32% | 18,600 | CALL | NONE |
| 655844108 | NSC | NORFOLK SOUTHN CORP | $5.9M | 0.29% | 2,900 | CALL | NONE |
| 464287655 | IWM | ISHARES TR | $5.6M | 0.28% | 25,500 | CALL | NONE |
| 464287655 | IWM | ISHARES TR | $5.6M | 0.28% | 25,500 | PUT | NONE |
| 025816109 | AXP | AMERICAN EXPRESS CO | $5.3M | 0.26% | 19,400 | PUT | NONE |
| 020002101 | ALL | ALLSTATE CORP | $5.3M | 0.26% | 27,700 | CALL | NONE |
| 037833100 | AAPL | APPLE INC | $5.2M | 0.26% | 22,400 | CALL | NONE |
| 037833100 | AAPL | APPLE INC | $5.2M | 0.26% | 22,400 | PUT | NONE |
| 38141G104 | GS | GOLDMAN SACHS GROUP INC | $5.2M | 0.25% | 10,500 | PUT | NONE |
| 45866F104 | ICE | INTERCONTINENTAL EXCHANGE IN | $5.2M | 0.25% | 32,300 | CALL | NONE |
| 45866F104 | ICE | INTERCONTINENTAL EXCHANGE IN | $5.2M | 0.25% | 32,300 | PUT | NONE |
| 666807102 | NOC | NORTHROP GRUMMAN CORP | $4.9M | 0.24% | 1,800 | CALL | NONE |
| 666807102 | NOC | NORTHROP GRUMMAN CORP | $4.9M | 0.24% | 1,800 | PUT | NONE |
| 548661107 | LOW | LOWES COS INC | $4.7M | 0.23% | 9,400 | PUT | NONE |
| 40412C101 | HCA | HCA HEALTHCARE INC | $4.5M | 0.22% | 11,000 | PUT | NONE |
| 459200101 | IBM | INTERNATIONAL BUSINESS MACHS | $4.4M | 0.22% | 20,100 | PUT | NONE |
| 617446448 | MS | MORGAN STANLEY | $4.3M | 0.21% | 2,700 | PUT | NONE |
| 617446448 | MS | MORGAN STANLEY | $4.3M | 0.21% | 2,700 | CALL | NONE |
| 12541W209 | CHRW | C H ROBINSON WORLDWIDE INC | $4.1M | 0.20% | 37,200 | PUT | NONE |
| 872590104 | TMUS | T-MOBILE US INC | $4.0M | 0.20% | 19,500 | CALL | NONE |
| 872590104 | TMUS | T-MOBILE US INC | $4.0M | 0.20% | 19,500 | PUT | NONE |
| 704326107 | PAYX | PAYCHEX INC | $3.7M | 0.18% | 10,400 | CALL | NONE |
| 12541W209 | CHRW | C H ROBINSON WORLDWIDE INC | $3.5M | 0.17% | 32,000 | CALL | NONE |
| 693475105 | PNC | PNC FINL SVCS GROUP INC | $3.5M | 0.17% | 15,000 | CALL | NONE |
| 89417E109 | TRV | TRAVELERS COMPANIES INC | $2.9M | 0.14% | 2,500 | PUT | NONE |
| 89417E109 | TRV | TRAVELERS COMPANIES INC | $2.9M | 0.14% | 2,500 | CALL | NONE |
| 38141G104 | GS | GOLDMAN SACHS GROUP INC | $2.9M | 0.14% | 5,800 | CALL | NONE |
| 682680103 | OKE | ONEOK INC NEW | $2.9M | 0.14% | 11,200 | CALL | NONE |
| 40412C101 | HCA | HCA HEALTHCARE INC | $2.7M | 0.13% | 6,700 | CALL | NONE |
| 235851102 | DHR | DANAHER CORPORATION | $2.6M | 0.13% | 9,400 | CALL | NONE |
| 001055102 | AFL | AFLAC INC | $2.5M | 0.12% | 22,800 | PUT | NONE |
| 88579Y101 | MMM | 3M CO | $2.5M | 0.12% | 4,200 | PUT | NONE |
| 337738108 | FISV | FISERV INC | $2.5M | 0.12% | 14,000 | CALL | NONE |
| 94106L109 | WM | WASTE MGMT INC DEL | $2.5M | 0.12% | 8,100 | CALL | NONE |
| 94106L109 | WM | WASTE MGMT INC DEL | $2.5M | 0.12% | 3,800 | PUT | NONE |
| 459200101 | IBM | INTERNATIONAL BUSINESS MACHS | $2.5M | 0.12% | 11,100 | CALL | NONE |
| 009158106 | APD | AIR PRODS & CHEMS INC | $2.4M | 0.12% | 8,000 | CALL | NONE |
| 285512109 | EA | ELECTRONIC ARTS INC | $2.3M | 0.11% | 16,100 | PUT | NONE |
| 025816109 | AXP | AMERICAN EXPRESS CO | $2.3M | 0.11% | 8,500 | Common | SOLE |
| 631103108 | NDAQ | NASDAQ INC | $2.3M | 0.11% | 10,700 | CALL | NONE |
| 631103108 | NDAQ | NASDAQ INC | $2.3M | 0.11% | 10,700 | PUT | NONE |
| 902973304 | USB | US BANCORP DEL | $2.2M | 0.11% | 17,700 | PUT | NONE |
| 902973304 | USB | US BANCORP DEL | $2.2M | 0.11% | 17,700 | CALL | NONE |
| 285512109 | EA | ELECTRONIC ARTS INC | $2.2M | 0.11% | 15,600 | CALL | NONE |
| 824348106 | SHW | SHERWIN WILLIAMS CO | $2.1M | 0.10% | 3,400 | CALL | NONE |
| 244199105 | DE | DEERE & CO | $2.0M | 0.10% | 4,900 | PUT | NONE |
| 244199105 | DE | DEERE & CO | $2.0M | 0.10% | 4,900 | CALL | NONE |
| 58933Y105 | MRK | MERCK & CO INC | $2.0M | 0.10% | 10,100 | CALL | NONE |
| 009158106 | APD | AIR PRODS & CHEMS INC | $2.0M | 0.10% | 6,700 | PUT | NONE |
| 237194105 | DRI | DARDEN RESTAURANTS INC | $2.0M | 0.10% | 12,100 | CALL | NONE |
| 237194105 | DRI | DARDEN RESTAURANTS INC | $2.0M | 0.10% | 12,100 | PUT | NONE |
| 375558103 | GILD | GILEAD SCIENCES INC | $1.9M | 0.10% | 23,200 | PUT | NONE |
| 14149Y108 | CAH | CARDINAL HEALTH INC | $1.9M | 0.09% | 17,500 | Common | SOLE |
| 697435105 | PANW | PALO ALTO NETWORKS INC | $1.9M | 0.09% | 7,700 | PUT | NONE |
| 053015103 | ADP | AUTOMATIC DATA PROCESSING IN | $1.9M | 0.09% | 6,800 | PUT | NONE |
| 053015103 | ADP | AUTOMATIC DATA PROCESSING IN | $1.9M | 0.09% | 6,800 | CALL | NONE |
| 427866108 | HSY | HERSHEY CO | $1.7M | 0.08% | 9,000 | PUT | NONE |
| 427866108 | HSY | HERSHEY CO | $1.7M | 0.08% | 9,000 | CALL | NONE |
| 001055102 | AFL | AFLAC INC | $1.7M | 0.08% | 15,100 | CALL | NONE |
| 501044101 | KR | KROGER CO | $1.7M | 0.08% | 29,000 | CALL | NONE |
| 501044101 | KR | KROGER CO | $1.7M | 0.08% | 29,000 | PUT | NONE |
| 30303M102 | META | META PLATFORMS INC | $1.5M | 0.07% | 2,647 | Common | SOLE |
| 78409V104 | SPGI | S&P GLOBAL INC | $1.5M | 0.07% | 2,900 | CALL | NONE |
| 78409V104 | SPGI | S&P GLOBAL INC | $1.5M | 0.07% | 2,900 | PUT | NONE |
| 89832Q109 | TFC | TRUIST FINL CORP | $1.5M | 0.07% | 2,200 | CALL | NONE |
| 02209S103 | MO | ALTRIA GROUP INC | $1.5M | 0.07% | 28,600 | CALL | NONE |
| 02209S103 | MO | ALTRIA GROUP INC | $1.5M | 0.07% | 28,600 | PUT | NONE |
| 704326107 | PAYX | PAYCHEX INC | $1.4M | 0.07% | 10,400 | PUT | NONE |
| 88579Y101 | MMM | 3M CO | $1.4M | 0.07% | 4,200 | CALL | NONE |
| 89832Q109 | TFC | TRUIST FINL CORP | $1.4M | 0.07% | 32,500 | PUT | NONE |
| 370334104 | GIS | GENERAL MLS INC | $1.4M | 0.07% | 18,800 | PUT | NONE |
| 370334104 | GIS | GENERAL MLS INC | $1.4M | 0.07% | 18,800 | CALL | NONE |
| 697435105 | PANW | PALO ALTO NETWORKS INC | $1.3M | 0.07% | 7,770 | Common | SOLE |
| 46090E103 | QQQ | INVESCO QQQ TR | $1.2M | 0.06% | 2,397 | Common | SOLE |
| 742718109 | PG | PROCTER AND GAMBLE CO | $1.1M | 0.06% | 6,600 | PUT | NONE |
| 742718109 | PG | PROCTER AND GAMBLE CO | $1.1M | 0.06% | 6,600 | CALL | NONE |
| 43300A203 | HLT | HILTON WORLDWIDE HLDGS INC | $1.1M | 0.05% | 4,800 | CALL | NONE |
| 43300A203 | HLT | HILTON WORLDWIDE HLDGS INC | $1.1M | 0.05% | 4,800 | PUT | NONE |
| 40412C101 | HCA | HCA HEALTHCARE INC | $1.0M | 0.05% | 2,500 | Common | SOLE |
| 375558103 | GILD | GILEAD SCIENCES INC | $972,544 | 0.05% | 11,600 | CALL | NONE |
| 717081103 | PFE | PFIZER INC | $934,762 | 0.05% | 32,300 | PUT | NONE |
| 717081103 | PFE | PFIZER INC | $934,762 | 0.05% | 32,300 | CALL | NONE |
| 824348106 | SHW | SHERWIN WILLIAMS CO | $801,507 | 0.04% | 2,100 | PUT | NONE |
| 857477103 | STT | STATE STR CORP | $760,842 | 0.04% | 8,600 | CALL | NONE |
| 857477103 | STT | STATE STR CORP | $760,842 | 0.04% | 8,600 | PUT | NONE |
| 693475105 | PNC | PNC FINL SVCS GROUP INC | $739,400 | 0.04% | 4,000 | PUT | NONE |
| 172908105 | CTAS | CINTAS CORP | $720,580 | 0.04% | 3,500 | PUT | NONE |
| 172908105 | CTAS | CINTAS CORP | $720,580 | 0.04% | 3,500 | CALL | NONE |
| 22160K105 | COST | COSTCO WHSL CORP NEW | $709,216 | 0.03% | 800 | Common | SOLE |
| 594918104 | MSFT | MICROSOFT CORP | $702,680 | 0.03% | 1,633 | Common | SOLE |
| 38141G104 | GS | GOLDMAN SACHS GROUP INC | $693,154 | 0.03% | 1,400 | Common | SOLE |
| 67066G104 | NVDA | NVIDIA CORPORATION | $672,899 | 0.03% | 5,541 | Common | SOLE |
| 778296103 | ROST | ROSS STORES INC | $662,244 | 0.03% | 4,400 | PUT | NONE |
| 778296103 | ROST | ROSS STORES INC | $662,244 | 0.03% | 4,400 | CALL | NONE |
| 744320102 | PRU | PRUDENTIAL FINL INC | $653,940 | 0.03% | 5,400 | CALL | NONE |
| 025816109 | AXP | AMERICAN EXPRESS CO | $650,880 | 0.03% | 2,400 | CALL | NONE |
| 291011104 | EMR | EMERSON ELEC CO | $579,661 | 0.03% | 5,300 | CALL | NONE |
| 291011104 | EMR | EMERSON ELEC CO | $579,661 | 0.03% | 5,300 | PUT | NONE |
| 036752103 | ELV | ELEVANCE HEALTH INC | $572,000 | 0.03% | 1,100 | CALL | NONE |
| 902494103 | TSN | TYSON FOODS INC | $530,084 | 0.03% | 8,900 | CALL | NONE |
| 57636Q104 | MA | MASTERCARD INCORPORATED | $507,133 | 0.02% | 1,027 | Common | SOLE |
| 57636Q104 | MA | MASTERCARD INCORPORATED | $493,800 | 0.02% | 1,000 | PUT | NONE |
| 009066101 | ABNB | AIRBNB INC | $487,838 | 0.02% | 3,847 | Common | SOLE |
| 61174X109 | MNST | MONSTER BEVERAGE CORP NEW | $459,096 | 0.02% | 8,800 | PUT | NONE |
| 61174X109 | MNST | MONSTER BEVERAGE CORP NEW | $459,096 | 0.02% | 8,800 | CALL | NONE |
| 88160R101 | TSLA | TESLA INC | $366,282 | 0.02% | 1,400 | PUT | NONE |
| 88160R101 | TSLA | TESLA INC | $364,974 | 0.02% | 1,395 | Common | SOLE |
| 67066G104 | NVDA | NVIDIA CORPORATION | $364,320 | 0.02% | 3,000 | PUT | NONE |
| 26614N102 | DD | DUPONT DE NEMOURS INC | $253,437 | 0.01% | 6,800 | CALL | NONE |
| 91324P102 | UNH | UNITEDHEALTH GROUP INC | $233,872 | 0.01% | 400 | CALL | NONE |
| 060505104 | BAC | BANK AMERICA CORP | $228,398 | 0.01% | 5,756 | Common | SOLE |
| 097023105 | BA | BOEING CO | $212,856 | 0.01% | 1,400 | CALL | NONE |
| 46436E718 | SGOV | ISHARES TR | $197,613 | 0.01% | 1,962 | Common | SOLE |
| 78463V107 | GLD | SPDR GOLD TR | $145,836 | 0.01% | 600 | CALL | NONE |
| 863667101 | SYK | STRYKER CORPORATION | $144,504 | 0.01% | 400 | PUT | NONE |
| 863667101 | SYK | STRYKER CORPORATION | $144,504 | 0.01% | 400 | CALL | NONE |
| 92826C839 | V | VISA INC | $137,475 | 0.01% | 500 | PUT | NONE |
| 92826C839 | V | VISA INC | $137,475 | 0.01% | 500 | CALL | NONE |
| 902494103 | TSN | TYSON FOODS INC | $7,266 | 0.00% | 122 | Common | SOLE |
| 949746101 | WMT2 | WELLS FARGO CO NEW | $4,124 | 0.00% | 73 | Common | SOLE |
| 89832Q109 | TFC | TRUIST FINL CORP | $1,668 | 0.00% | 39 | Common | SOLE |
| 855244109 | SBUX | STARBUCKS CORP | $1,365 | 0.00% | 14 | Common | SOLE |
| 89677Q107 | TCOM | TRIP | $1,189 | 0.00% | 20 | Common | SOLE |
| 370334104 | GIS | GENERAL MLS INC | $517 | 0.00% | 7 | Common | SOLE |
| 256677105 | DG | DOLLAR GEN CORP NEW | $254 | 0.00% | 3 | Common | SOLE |
| 693475105 | PNC | PNC FINL SVCS GROUP INC | $185 | 0.00% | 1 | Common | SOLE |
| 110122108 | BMY | BRISTOL-MYERS SQUIBB CO | $103 | 0.00% | 2 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.