Q4 2025 · 13F-HR/A
Delta Accumulation, LLCholdings as filed
Filed 2026-02-05 · accession 0001808389-26-000007
$2.71B
Reported value
194
Positions
2025-12-31
Period end
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 46625H100 | JPM | JPMORGAN CHASE & CO | $388.4M | 14.3% | 178,300 | PUT | NONE |
| 064058100 | BK | BANK NEW YORK MELLON CORP | $161.2M | 5.94% | 1,389,000 | PUT | NONE |
| 46625H100 | JPM | JPMORGAN CHASE & CO | $146.1M | 5.38% | 4,000 | CALL | NONE |
| 931142103 | WMT | WALMART INC | $140.8M | 5.19% | 13,200 | PUT | NONE |
| 064058100 | BK | BANK NEW YORK MELLON CORP | $113.5M | 4.18% | 977,300 | CALL | NONE |
| 931142103 | WMT | WALMART INC | $89.2M | 3.28% | 13,200 | CALL | NONE |
| 14149Y108 | CAH | CARDINAL HEALTH INC | $69.2M | 2.55% | 336,800 | PUT | NONE |
| 46625H100 | JPM | JPMORGAN CHASE & CO | $64.9M | 2.39% | 201,308 | Common | SOLE |
| 78462F103 | SPY | SPDR S&P 500 ETF TR | $60.5M | 2.23% | 5,500 | PUT | NONE |
| 78462F103 | SPY | SPDR S&P 500 ETF TR | $55.4M | 2.04% | 5,500 | CALL | NONE |
| 872540109 | TJX | TJX COS INC NEW | $54.3M | 2.00% | 21,200 | PUT | NONE |
| 969457100 | WMB | WILLIAMS COS INC | $52.8M | 1.94% | 24,700 | PUT | NONE |
| 22160K105 | COST | COSTCO WHSL CORP NEW | $46.6M | 1.72% | 54,000 | PUT | NONE |
| 46090E103 | QQQ | INVESCO QQQ TR | $44.5M | 1.64% | 800 | PUT | NONE |
| 46090E103 | QQQ | INVESCO QQQ TR | $43.4M | 1.60% | 800 | CALL | NONE |
| 872540109 | TJX | TJX COS INC NEW | $39.8M | 1.46% | 21,200 | CALL | NONE |
| 172967424 | C | CITIGROUP INC | $37.9M | 1.40% | 325,200 | PUT | NONE |
| 14149Y108 | CAH | CARDINAL HEALTH INC | $37.0M | 1.36% | 180,200 | CALL | NONE |
| 03073E105 | COR | CENCORA INC | $34.2M | 1.26% | 101,400 | PUT | NONE |
| 231021106 | CMI | CUMMINS INC | $33.8M | 1.25% | 66,300 | PUT | NONE |
| 58155Q103 | MCK | MCKESSON CORP | $33.3M | 1.23% | 1,300 | PUT | NONE |
| 060505104 | BAC | BANK AMERICA CORP | $30.8M | 1.14% | 560,800 | PUT | NONE |
| 369550108 | GD | GENERAL DYNAMICS CORP | $29.1M | 1.07% | 86,400 | PUT | NONE |
| 95040Q104 | WELL | WELLTOWER INC | $27.4M | 1.01% | 2,800 | CALL | NONE |
| 369550108 | GD | GENERAL DYNAMICS CORP | $27.4M | 1.01% | 81,400 | CALL | NONE |
| 060505104 | BAC | BANK AMERICA CORP | $27.3M | 1.00% | 495,900 | CALL | NONE |
| 95040Q104 | WELL | WELLTOWER INC | $26.7M | 0.98% | 2,800 | PUT | NONE |
| 22160K105 | COST | COSTCO WHSL CORP NEW | $26.3M | 0.97% | 30,500 | CALL | NONE |
| 03073E105 | COR | CENCORA INC | $24.5M | 0.90% | 72,400 | CALL | NONE |
| 09247X101 | BLKCHF | BLACKROCK INC | $23.7M | 0.87% | 22,100 | PUT | NONE |
| 231021106 | CMI | CUMMINS INC | $23.4M | 0.86% | 45,800 | CALL | NONE |
| 172967424 | C | CITIGROUP INC | $22.6M | 0.83% | 194,000 | CALL | NONE |
| 17275R102 | CSCO | CISCO SYS INC | $21.2M | 0.78% | 274,600 | PUT | NONE |
| 58155Q103 | MCK | MCKESSON CORP | $20.8M | 0.76% | 1,300 | CALL | NONE |
| 17275R102 | CSCO | CISCO SYS INC | $20.6M | 0.76% | 268,000 | CALL | NONE |
| 09247X101 | BLKCHF | BLACKROCK INC | $19.9M | 0.73% | 18,600 | CALL | NONE |
| 949746101 | WMT2 | WELLS FARGO CO NEW | $17.2M | 0.63% | 21,600 | PUT | NONE |
| 75513E101 | RTX | RAYTHEON TECHNOLOGIES CORP | $16.2M | 0.60% | 5,900 | PUT | NONE |
| 75513E101 | RTX | RAYTHEON TECHNOLOGIES CORP | $15.1M | 0.56% | 5,900 | CALL | NONE |
| 969457100 | WMB | WILLIAMS COS INC | $14.7M | 0.54% | 245,348 | Common | SOLE |
| 12503M108 | CBOE | CBOE GLOBAL MKTS INC | $13.1M | 0.48% | 52,200 | PUT | NONE |
| 12503M108 | CBOE | CBOE GLOBAL MKTS INC | $13.1M | 0.48% | 52,200 | CALL | NONE |
| 969457100 | WMB | WILLIAMS COS INC | $13.0M | 0.48% | 216,400 | CALL | NONE |
| 311900104 | FAST | FASTENAL CO | $12.9M | 0.48% | 322,300 | PUT | NONE |
| 594918104 | MSFT | MICROSOFT CORP | $12.4M | 0.46% | 1,200 | PUT | NONE |
| 743315103 | PGR | PROGRESSIVE CORP | $12.3M | 0.45% | 7,600 | CALL | NONE |
| 00287Y109 | ABBV | ABBVIE INC | $12.3M | 0.45% | 53,700 | PUT | NONE |
| 743315103 | PGR | PROGRESSIVE CORP | $12.2M | 0.45% | 7,600 | PUT | NONE |
| 949746101 | WMT2 | WELLS FARGO CO NEW | $12.2M | 0.45% | 21,600 | CALL | NONE |
| 194162103 | CL | COLGATE PALMOLIVE CO | $10.8M | 0.40% | 136,200 | CALL | NONE |
| 00287Y109 | ABBV | ABBVIE INC | $10.8M | 0.40% | 47,100 | CALL | NONE |
| 311900104 | FAST | FASTENAL CO | $10.3M | 0.38% | 255,500 | CALL | NONE |
| 594918104 | MSFT | MICROSOFT CORP | $9.9M | 0.37% | 1,200 | CALL | NONE |
| 539830109 | LMT | LOCKHEED MARTIN CORP | $9.9M | 0.36% | 2,600 | CALL | NONE |
| 38141G104 | GS | GOLDMAN SACHS GROUP INC | $9.2M | 0.34% | 10,500 | PUT | NONE |
| 718172109 | PM | PHILIP MORRIS INTL INC | $8.9M | 0.33% | 12,400 | PUT | NONE |
| 718172109 | PM | PHILIP MORRIS INTL INC | $8.9M | 0.33% | 12,400 | CALL | NONE |
| 020002101 | ALL | ALLSTATE CORP | $8.7M | 0.32% | 41,800 | PUT | NONE |
| 655844108 | NSC | NORFOLK SOUTHN CORP | $8.3M | 0.31% | 2,900 | PUT | NONE |
| 00206R102 | T | AT&T INC | $8.0M | 0.30% | 323,900 | PUT | NONE |
| 00206R102 | T | AT&T INC | $8.0M | 0.30% | 323,900 | CALL | NONE |
| 713448108 | PEP | PEPSICO INC | $7.6M | 0.28% | 5,100 | CALL | NONE |
| 713448108 | PEP | PEPSICO INC | $7.6M | 0.28% | 5,100 | PUT | NONE |
| 617446448 | MS | MORGAN STANLEY | $7.4M | 0.27% | 2,700 | CALL | NONE |
| 617446448 | MS | MORGAN STANLEY | $7.4M | 0.27% | 2,700 | PUT | NONE |
| 025816109 | AXP | AMERICAN EXPRESS CO | $7.2M | 0.26% | 19,400 | PUT | NONE |
| 655844108 | NSC | NORFOLK SOUTHN CORP | $6.8M | 0.25% | 2,900 | CALL | NONE |
| 548661107 | LOW | LOWES COS INC | $6.3M | 0.23% | 4,500 | CALL | NONE |
| 464287655 | IWM | ISHARES TR | $6.3M | 0.23% | 25,500 | PUT | NONE |
| 464287655 | IWM | ISHARES TR | $6.3M | 0.23% | 25,500 | CALL | NONE |
| 037833100 | AAPL | APPLE INC | $6.1M | 0.22% | 22,400 | CALL | NONE |
| 037833100 | AAPL | APPLE INC | $6.1M | 0.22% | 22,400 | PUT | NONE |
| 539830109 | LMT | LOCKHEED MARTIN CORP | $6.0M | 0.22% | 5,200 | PUT | NONE |
| 12541W209 | CHRW | C H ROBINSON WORLDWIDE INC | $6.0M | 0.22% | 37,200 | PUT | NONE |
| 459200101 | IBM | INTERNATIONAL BUSINESS MACHS | $6.0M | 0.22% | 20,100 | PUT | NONE |
| 020002101 | ALL | ALLSTATE CORP | $5.8M | 0.21% | 27,700 | CALL | NONE |
| 666807102 | NOC | NORTHROP GRUMMAN CORP | $5.3M | 0.20% | 1,800 | CALL | NONE |
| 666807102 | NOC | NORTHROP GRUMMAN CORP | $5.3M | 0.20% | 1,800 | PUT | NONE |
| 45866F104 | ICE | INTERCONTINENTAL EXCHANGE IN | $5.2M | 0.19% | 32,300 | PUT | NONE |
| 45866F104 | ICE | INTERCONTINENTAL EXCHANGE IN | $5.2M | 0.19% | 32,300 | CALL | NONE |
| 12541W209 | CHRW | C H ROBINSON WORLDWIDE INC | $5.1M | 0.19% | 32,000 | CALL | NONE |
| 40412C101 | HCA | HCA HEALTHCARE INC | $5.1M | 0.19% | 11,000 | PUT | NONE |
| 38141G104 | GS | GOLDMAN SACHS GROUP INC | $5.1M | 0.19% | 5,800 | CALL | NONE |
| 194162103 | CL | COLGATE PALMOLIVE CO | $5.0M | 0.19% | 63,600 | PUT | NONE |
| 189054109 | CLX | CLOROX CO DEL | $4.2M | 0.16% | 41,800 | PUT | NONE |
| 189054109 | CLX | CLOROX CO DEL | $4.2M | 0.16% | 41,800 | CALL | NONE |
| 548661107 | LOW | LOWES COS INC | $4.2M | 0.15% | 9,400 | PUT | NONE |
| 693475105 | PNC | PNC FINL SVCS GROUP INC | $4.0M | 0.15% | 15,000 | CALL | NONE |
| 872590104 | TMUS | T-MOBILE US INC | $4.0M | 0.15% | 19,500 | CALL | NONE |
| 872590104 | TMUS | T-MOBILE US INC | $4.0M | 0.15% | 19,500 | PUT | NONE |
| 14149Y108 | CAH | CARDINAL HEALTH INC | $3.6M | 0.13% | 17,500 | Common | SOLE |
| 89417E109 | TRV | TRAVELERS COMPANIES INC | $3.6M | 0.13% | 2,500 | PUT | NONE |
| 89417E109 | TRV | TRAVELERS COMPANIES INC | $3.6M | 0.13% | 2,500 | CALL | NONE |
| 21036P108 | STZ | CONSTELLATION BRANDS INC | $3.5M | 0.13% | 18,600 | CALL | NONE |
| 285512109 | EA | ELECTRONIC ARTS INC | $3.3M | 0.12% | 16,100 | PUT | NONE |
| 459200101 | IBM | INTERNATIONAL BUSINESS MACHS | $3.3M | 0.12% | 11,100 | CALL | NONE |
| 285512109 | EA | ELECTRONIC ARTS INC | $3.2M | 0.12% | 15,600 | CALL | NONE |
| 025816109 | AXP | AMERICAN EXPRESS CO | $3.1M | 0.12% | 8,500 | Common | SOLE |
| 40412C101 | HCA | HCA HEALTHCARE INC | $3.1M | 0.12% | 6,700 | CALL | NONE |
| 704326107 | PAYX | PAYCHEX INC | $3.1M | 0.11% | 10,400 | CALL | NONE |
| 631103108 | NDAQ | NASDAQ INC | $3.0M | 0.11% | 10,700 | PUT | NONE |
| 631103108 | NDAQ | NASDAQ INC | $3.0M | 0.11% | 10,700 | CALL | NONE |
| 88579Y101 | MMM | 3M CO | $3.0M | 0.11% | 4,200 | PUT | NONE |
| 375558103 | GILD | GILEAD SCIENCES INC | $2.8M | 0.10% | 23,200 | PUT | NONE |
| 902973304 | USB | US BANCORP DEL | $2.6M | 0.10% | 17,700 | CALL | NONE |
| 902973304 | USB | US BANCORP DEL | $2.6M | 0.10% | 17,700 | PUT | NONE |
| 94106L109 | WM | WASTE MGMT INC DEL | $2.6M | 0.10% | 3,800 | PUT | NONE |
| 94106L109 | WM | WASTE MGMT INC DEL | $2.6M | 0.10% | 8,100 | CALL | NONE |
| 001055102 | AFL | AFLAC INC | $2.5M | 0.09% | 22,800 | PUT | NONE |
| 682680103 | OKE | ONEOK INC NEW | $2.3M | 0.09% | 11,200 | CALL | NONE |
| 244199105 | DE | DEERE & CO | $2.3M | 0.08% | 4,900 | PUT | NONE |
| 244199105 | DE | DEERE & CO | $2.3M | 0.08% | 4,900 | CALL | NONE |
| 237194105 | DRI | DARDEN RESTAURANTS INC | $2.2M | 0.08% | 12,100 | PUT | NONE |
| 237194105 | DRI | DARDEN RESTAURANTS INC | $2.2M | 0.08% | 12,100 | CALL | NONE |
| 235851102 | DHR | DANAHER CORPORATION | $2.2M | 0.08% | 9,400 | CALL | NONE |
| 697435105 | PANW | PALO ALTO NETWORKS INC | $2.1M | 0.08% | 7,700 | PUT | NONE |
| 009158106 | APD | AIR PRODS & CHEMS INC | $2.0M | 0.07% | 8,000 | CALL | NONE |
| 58933Y105 | MRK | MERCK & CO INC | $1.9M | 0.07% | 10,100 | CALL | NONE |
| 501044101 | KR | KROGER CO | $1.8M | 0.07% | 29,000 | CALL | NONE |
| 501044101 | KR | KROGER CO | $1.8M | 0.07% | 29,000 | PUT | NONE |
| 824348106 | SHW | SHERWIN WILLIAMS CO | $1.8M | 0.07% | 3,400 | CALL | NONE |
| 053015103 | ADP | AUTOMATIC DATA PROCESSING IN | $1.7M | 0.06% | 6,800 | CALL | NONE |
| 053015103 | ADP | AUTOMATIC DATA PROCESSING IN | $1.7M | 0.06% | 6,800 | PUT | NONE |
| 30303M102 | META | META PLATFORMS INC | $1.7M | 0.06% | 2,647 | Common | SOLE |
| 89832Q109 | TFC | TRUIST FINL CORP | $1.7M | 0.06% | 2,200 | CALL | NONE |
| 001055102 | AFL | AFLAC INC | $1.7M | 0.06% | 15,100 | CALL | NONE |
| 009158106 | APD | AIR PRODS & CHEMS INC | $1.7M | 0.06% | 6,700 | PUT | NONE |
| 02209S103 | MO | ALTRIA GROUP INC | $1.6M | 0.06% | 28,600 | PUT | NONE |
| 02209S103 | MO | ALTRIA GROUP INC | $1.6M | 0.06% | 28,600 | CALL | NONE |
| 427866108 | HSY | HERSHEY CO | $1.6M | 0.06% | 9,000 | PUT | NONE |
| 427866108 | HSY | HERSHEY CO | $1.6M | 0.06% | 9,000 | CALL | NONE |
| 88579Y101 | MMM | 3M CO | $1.6M | 0.06% | 4,200 | CALL | NONE |
| 89832Q109 | TFC | TRUIST FINL CORP | $1.6M | 0.06% | 32,500 | PUT | NONE |
| 78409V104 | SPGI | S&P GLOBAL INC | $1.5M | 0.06% | 2,900 | CALL | NONE |
| 78409V104 | SPGI | S&P GLOBAL INC | $1.5M | 0.06% | 2,900 | PUT | NONE |
| 46090E103 | QQQ | INVESCO QQQ TR | $1.5M | 0.05% | 2,397 | Common | SOLE |
| 697435105 | PANW | PALO ALTO NETWORKS INC | $1.4M | 0.05% | 7,770 | Common | SOLE |
| 375558103 | GILD | GILEAD SCIENCES INC | $1.4M | 0.05% | 11,600 | CALL | NONE |
| 43300A203 | HLT | HILTON WORLDWIDE HLDGS INC | $1.4M | 0.05% | 4,800 | PUT | NONE |
| 43300A203 | HLT | HILTON WORLDWIDE HLDGS INC | $1.4M | 0.05% | 4,800 | CALL | NONE |
| 38141G104 | GS | GOLDMAN SACHS GROUP INC | $1.2M | 0.05% | 1,400 | Common | SOLE |
| 40412C101 | HCA | HCA HEALTHCARE INC | $1.2M | 0.04% | 2,500 | Common | SOLE |
| 704326107 | PAYX | PAYCHEX INC | $1.2M | 0.04% | 10,400 | PUT | NONE |
| 857477103 | STT | STATE STR CORP | $1.1M | 0.04% | 8,600 | CALL | NONE |
| 857477103 | STT | STATE STR CORP | $1.1M | 0.04% | 8,600 | PUT | NONE |
| 67066G104 | NVDA | NVIDIA CORPORATION | $1.0M | 0.04% | 5,541 | Common | SOLE |
| 742718109 | PG | PROCTER AND GAMBLE CO | $945,846 | 0.03% | 6,600 | CALL | NONE |
| 742718109 | PG | PROCTER AND GAMBLE CO | $945,846 | 0.03% | 6,600 | PUT | NONE |
| 337738108 | FISV | FISERV INC | $940,380 | 0.03% | 14,000 | CALL | NONE |
| 025816109 | AXP | AMERICAN EXPRESS CO | $887,880 | 0.03% | 2,400 | CALL | NONE |
| 370334104 | GIS | GENERAL MLS INC | $874,200 | 0.03% | 18,800 | PUT | NONE |
| 370334104 | GIS | GENERAL MLS INC | $874,200 | 0.03% | 18,800 | CALL | NONE |
| 693475105 | PNC | PNC FINL SVCS GROUP INC | $834,920 | 0.03% | 4,000 | PUT | NONE |
| 717081103 | PFE | PFIZER INC | $804,270 | 0.03% | 32,300 | PUT | NONE |
| 717081103 | PFE | PFIZER INC | $804,270 | 0.03% | 32,300 | CALL | NONE |
| 778296103 | ROST | ROSS STORES INC | $792,616 | 0.03% | 4,400 | CALL | NONE |
| 778296103 | ROST | ROSS STORES INC | $792,616 | 0.03% | 4,400 | PUT | NONE |
| 594918104 | MSFT | MICROSOFT CORP | $789,751 | 0.03% | 1,633 | Common | SOLE |
| 291011104 | EMR | EMERSON ELEC CO | $703,416 | 0.03% | 5,300 | CALL | NONE |
| 291011104 | EMR | EMERSON ELEC CO | $703,416 | 0.03% | 5,300 | PUT | NONE |
| 22160K105 | COST | COSTCO WHSL CORP NEW | $689,872 | 0.03% | 800 | Common | SOLE |
| 824348106 | SHW | SHERWIN WILLIAMS CO | $680,463 | 0.03% | 2,100 | PUT | NONE |
| 61174X109 | MNST | MONSTER BEVERAGE CORP NEW | $674,696 | 0.02% | 8,800 | PUT | NONE |
| 61174X109 | MNST | MONSTER BEVERAGE CORP NEW | $674,696 | 0.02% | 8,800 | CALL | NONE |
| 172908105 | CTAS | CINTAS CORP | $658,245 | 0.02% | 3,500 | PUT | NONE |
| 172908105 | CTAS | CINTAS CORP | $658,245 | 0.02% | 3,500 | CALL | NONE |
| 88160R101 | TSLA | TESLA INC | $629,608 | 0.02% | 1,400 | PUT | NONE |
| 88160R101 | TSLA | TESLA INC | $627,359 | 0.02% | 1,395 | Common | SOLE |
| 744320102 | PRU | PRUDENTIAL FINL INC | $609,552 | 0.02% | 5,400 | CALL | NONE |
| 57636Q104 | MA | MASTERCARD INCORPORATED | $586,294 | 0.02% | 1,027 | Common | SOLE |
| 57636Q104 | MA | MASTERCARD INCORPORATED | $570,880 | 0.02% | 1,000 | PUT | NONE |
| 67066G104 | NVDA | NVIDIA CORPORATION | $559,500 | 0.02% | 3,000 | PUT | NONE |
| 009066101 | ABNB | AIRBNB INC | $522,115 | 0.02% | 3,847 | Common | SOLE |
| 902494103 | TSN | TYSON FOODS INC | $521,718 | 0.02% | 8,900 | CALL | NONE |
| 036752103 | ELV | ELEVANCE HEALTH INC | $385,605 | 0.01% | 1,100 | CALL | NONE |
| 060505104 | BAC | BANK AMERICA CORP | $316,580 | 0.01% | 5,756 | Common | SOLE |
| 097023105 | BA | BOEING CO | $303,968 | 0.01% | 1,400 | CALL | NONE |
| 26614N102 | DD | DUPONT DE NEMOURS INC | $273,360 | 0.01% | 6,800 | CALL | NONE |
| 78463V107 | GLD | SPDR GOLD TR | $237,786 | 0.01% | 600 | CALL | NONE |
| 46436E718 | SGOV | ISHARES TR | $196,946 | 0.01% | 1,962 | Common | SOLE |
| 92826C839 | V | VISA INC | $175,355 | 0.01% | 500 | CALL | NONE |
| 92826C839 | V | VISA INC | $175,355 | 0.01% | 500 | PUT | NONE |
| 863667101 | SYK | STRYKER CORPORATION | $140,588 | 0.01% | 400 | PUT | NONE |
| 863667101 | SYK | STRYKER CORPORATION | $140,588 | 0.01% | 400 | CALL | NONE |
| 91324P102 | UNH | UNITEDHEALTH GROUP INC | $132,044 | 0.00% | 400 | CALL | NONE |
| 902494103 | TSN | TYSON FOODS INC | $7,152 | 0.00% | 122 | Common | SOLE |
| 949746101 | WMT2 | WELLS FARGO CO NEW | $6,804 | 0.00% | 73 | Common | SOLE |
| 89832Q109 | TFC | TRUIST FINL CORP | $1,919 | 0.00% | 39 | Common | SOLE |
| 89677Q107 | TCOM | TRIP | $1,438 | 0.00% | 20 | Common | SOLE |
| 855244109 | SBUX | STARBUCKS CORP | $1,179 | 0.00% | 14 | Common | SOLE |
| 256677105 | DG | DOLLAR GEN CORP NEW | $398 | 0.00% | 3 | Common | SOLE |
| 370334104 | GIS | GENERAL MLS INC | $326 | 0.00% | 7 | Common | SOLE |
| 693475105 | PNC | PNC FINL SVCS GROUP INC | $209 | 0.00% | 1 | Common | SOLE |
| 110122108 | BMY | BRISTOL-MYERS SQUIBB CO | $108 | 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.