Delta Accumulation
SAUSALITO, CAfiles as Delta Accumulation, LLC
$36m in 26 US stocks at the end of 30 June 2026. The top 10 are 97.1% of the money. It changed about 28.6% of the portfolio this quarter.
Value
$36m
Stocks
26
Top 10 share
97.1%
Turnover
28.6%
What changed this quarter
New
Bought for the first time this quarter.
- Palo Alto NetworksPANW7.4% of the fund
- Invesco QQQ TRQQQ6.5% of the fund
- Cisco SystemsCSCO4.8% of the fund
- Meta PlatformsMETA4.2% of the fund
- NvidiaNVDA3.1% of the fund
- State STR Spdr S&P 500 ETF TSPY1.9% of the fund
- Ishares TRSGOV0.6% of the fund
- Tyson FoodsTSN<0.1% of the fund
- Wells Fargo & CompanyWFC<0.1% of the fund
- Truist FinancialTFC<0.1% of the fund
- StarbucksSBUX<0.1% of the fund
- TJX CompaniesTJX<0.1% of the fund
- Trip COM GroupTCOM<0.1% of the fund
- MastercardMA<0.1% of the fund
- PNC Financial Services GroupPNC<0.1% of the fund
Added
Bought more of a stock they already held.
- Bank of New York MellonBNY32.7% of the fund+3%
Cut
Sold some of their stake.
- Bank of AmericaBAC1.4% of the fund-40%
Sold out
Sold their entire stake.
- Cardinal HealthCAH-100%
- CencoraCOR-100%
- HCA HealthcareHCA-100%
Holdings
- Invesco QQQ TRQQQ
- Share
- 6.5%
- Value
- $2m
- Shares
- 3,130
New
- State STR Spdr S&P 500 ETF TSPY
- Share
- 1.9%
- Value
- $673,587
- Shares
- 902
New
- Ishares TRSGOV
- Share
- 0.6%
- Value
- $197,515
- Shares
- 1,962
New
- Trip COM GroupTCOM
- Share
- <0.1%
- Value
- $797
- Shares
- 20
New
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| Bank of New York MellonBNY | 32.7% | $12m | 80,513 | +3% |
| CitigroupC | 25.2% | $9m | 64,215 | Held |
| CumminsCMI | 9.8% | $3m | 4,900 | Held |
| Palo Alto NetworksPANW | 7.4% | $3m | 7,770 | New |
| Invesco QQQ TRQQQ | 6.5% | $2m | 3,130 | New |
| Cisco SystemsCSCO | 4.8% | $2m | 14,500 | New |
| Meta PlatformsMETA | 4.2% | $1m | 2,647 | New |
| NvidiaNVDA | 3.1% | $1m | 5,547 | New |
| State STR Spdr S&P 500 ETF TSPY | 1.9% | $673,587 | 902 | New |
| AirbnbABNB | 1.5% | $550,506 | 3,847 | Held |
| Bank of AmericaBAC | 1.4% | $501,424 | 8,800 | -40% |
| BoeingBA | 0.9% | $303,058 | 1,400 | Held |
| Ishares TRSGOV | 0.6% | $197,515 | 1,962 | New |
| JPMorgan ChaseJPM | <0.1% | $8,511 | 26 | Held |
| Tyson FoodsTSN | <0.1% | $7,099 | 124 | New |
| Wells Fargo & CompanyWFC | <0.1% | $6,281 | 76 | New |
| Truist FinancialTFC | <0.1% | $1,943 | 39 | New |
| StarbucksSBUX | <0.1% | $1,431 | 14 | New |
| Goldman Sachs GroupGS | <0.1% | $1,011 | 1 | Held |
| TJX CompaniesTJX | <0.1% | $909 | 6 | New |
| Trip COM GroupTCOM | <0.1% | $797 | 20 | New |
| MastercardMA | <0.1% | $514 | 1 | New |
| Dollar GeneralDG | <0.1% | $345 | 3 | Held |
| PNC Financial Services GroupPNC | <0.1% | $246 | 1 | New |
| General MillsGIS | <0.1% | $244 | 7 | Held |
| Bristol-Myers SquibbBMY | <0.1% | $115 | 2 | Held |
Options (50)
- Bank of New York MellonBNY
- Type
- Put
- Value
- $383m
- Contracts
- 2,650,900
- Bank of New York MellonBNY
- Type
- Call
- Value
- $252m
- Contracts
- 1,740,700
- Invesco QQQ TRQQQ
- Type
- Put
- Value
- $107m
- Contracts
- 11,800
- State STR Spdr S&P 500 ETF TSPY
- Type
- Put
- Value
- $103m
- Contracts
- 9,500
- Invesco QQQ TRQQQ
- Type
- Call
- Value
- $82m
- Contracts
- 29,200
- Cardinal HealthCAH
- Type
- Put
- Value
- $82m
- Contracts
- 344,700
- JPMorgan ChaseJPM
- Type
- Call
- Value
- $81m
- Contracts
- 247,900
- JPMorgan ChaseJPM
- Type
- Put
- Value
- $81m
- Contracts
- 247,900
- State STR Spdr S&P 500 ETF TSPY
- Type
- Call
- Value
- $77m
- Contracts
- 9,500
- WalmartWMT
- Type
- Call
- Value
- $74m
- Contracts
- 64,100
- WalmartWMT
- Type
- Put
- Value
- $66m
- Contracts
- 63,400
- TJX CompaniesTJX
- Type
- Put
- Value
- $65m
- Contracts
- 26,500
- CumminsCMI
- Type
- Put
- Value
- $58m
- Contracts
- 81,400
- TJX CompaniesTJX
- Type
- Call
- Value
- $55m
- Contracts
- 3,200
- Cisco SystemsCSCO
- Type
- Put
- Value
- $51m
- Contracts
- 432,300
- WelltowerWELL
- Type
- Put
- Value
- $51m
- Contracts
- 5,000
- Cardinal HealthCAH
- Type
- Call
- Value
- $50m
- Contracts
- 210,900
- WelltowerWELL
- Type
- Call
- Value
- $40m
- Contracts
- 5,000
- Cboe Global MktsCBOE
- Type
- Call
- Value
- $37m
- Contracts
- 152,600
- Cisco SystemsCSCO
- Type
- Call
- Value
- $35m
- Contracts
- 296,800
- CumminsCMI
- Type
- Call
- Value
- $29m
- Contracts
- 40,700
- CitigroupC
- Type
- Put
- Value
- $27m
- Contracts
- 192,600
- Morgan StanleyMS
- Type
- Put
- Value
- $27m
- Contracts
- 127,000
- Johnson & JohnsonJNJ
- Type
- Put
- Value
- $23m
- Contracts
- 91,300
- Ishares TRIWM
- Type
- Put
- Value
- $21m
- Contracts
- 68,800
- Morgan StanleyMS
- Type
- Call
- Value
- $20m
- Contracts
- 97,800
- Ishares TRIWM
- Type
- Call
- Value
- $19m
- Contracts
- 61,600
- CitigroupC
- Type
- Call
- Value
- $18m
- Contracts
- 128,400
- Cboe Global MktsCBOE
- Type
- Put
- Value
- $17m
- Contracts
- 71,800
- Johnson & JohnsonJNJ
- Type
- Call
- Value
- $17m
- Contracts
- 68,100
- General DynamicsGD
- Type
- Put
- Value
- $15m
- Contracts
- 42,100
- Lockheed MartinLMT
- Type
- Call
- Value
- $14m
- Contracts
- 27,200
- General DynamicsGD
- Type
- Call
- Value
- $13m
- Contracts
- 35,900
- RTXRTX
- Type
- Put
- Value
- $12m
- Contracts
- 5,900
- Monster BeverageMNST
- Type
- Put
- Value
- $12m
- Contracts
- 122,300
- MckessonMCK
- Type
- Call
- Value
- $12m
- Contracts
- 15,400
- Monster BeverageMNST
- Type
- Call
- Value
- $11m
- Contracts
- 113,500
- Lockheed MartinLMT
- Type
- Put
- Value
- $10m
- Contracts
- 19,700
- Colgate-PalmoliveCL
- Type
- Call
- Value
- $10m
- Contracts
- 106,500
- Colgate-PalmoliveCL
- Type
- Put
- Value
- $10m
- Contracts
- 106,500
- Costco WholesaleCOST
- Type
- Call
- Value
- $9m
- Contracts
- 9,900
- Costco WholesaleCOST
- Type
- Put
- Value
- $9m
- Contracts
- 9,900
- CencoraCOR
- Type
- Call
- Value
- $9m
- Contracts
- 32,000
- CSXCSX
- Type
- Call
- Value
- $8m
- Contracts
- 171,100
- CSXCSX
- Type
- Put
- Value
- $8m
- Contracts
- 171,100
- Hilton Worldwide HoldingsHLT
- Type
- Call
- Value
- $8m
- Contracts
- 24,300
- Hilton Worldwide HoldingsHLT
- Type
- Put
- Value
- $8m
- Contracts
- 24,300
- RTXRTX
- Type
- Call
- Value
- $8m
- Contracts
- 17,800
- Bank of AmericaBAC
- Type
- Put
- Value
- $7m
- Contracts
- 125,500
- Bank of AmericaBAC
- Type
- Call
- Value
- $7m
- Contracts
- 116,700
| Company | Type | Value | Contracts |
|---|---|---|---|
| Bank of New York MellonBNY | Put | $383m | 2,650,900 |
| Bank of New York MellonBNY | Call | $252m | 1,740,700 |
| Invesco QQQ TRQQQ | Put | $107m | 11,800 |
| State STR Spdr S&P 500 ETF TSPY | Put | $103m | 9,500 |
| Invesco QQQ TRQQQ | Call | $82m | 29,200 |
| Cardinal HealthCAH | Put | $82m | 344,700 |
| JPMorgan ChaseJPM | Call | $81m | 247,900 |
| JPMorgan ChaseJPM | Put | $81m | 247,900 |
| State STR Spdr S&P 500 ETF TSPY | Call | $77m | 9,500 |
| WalmartWMT | Call | $74m | 64,100 |
| WalmartWMT | Put | $66m | 63,400 |
| TJX CompaniesTJX | Put | $65m | 26,500 |
| CumminsCMI | Put | $58m | 81,400 |
| TJX CompaniesTJX | Call | $55m | 3,200 |
| Cisco SystemsCSCO | Put | $51m | 432,300 |
| WelltowerWELL | Put | $51m | 5,000 |
| Cardinal HealthCAH | Call | $50m | 210,900 |
| WelltowerWELL | Call | $40m | 5,000 |
| Cboe Global MktsCBOE | Call | $37m | 152,600 |
| Cisco SystemsCSCO | Call | $35m | 296,800 |
| CumminsCMI | Call | $29m | 40,700 |
| CitigroupC | Put | $27m | 192,600 |
| Morgan StanleyMS | Put | $27m | 127,000 |
| Johnson & JohnsonJNJ | Put | $23m | 91,300 |
| Ishares TRIWM | Put | $21m | 68,800 |
| Morgan StanleyMS | Call | $20m | 97,800 |
| Ishares TRIWM | Call | $19m | 61,600 |
| CitigroupC | Call | $18m | 128,400 |
| Cboe Global MktsCBOE | Put | $17m | 71,800 |
| Johnson & JohnsonJNJ | Call | $17m | 68,100 |
| General DynamicsGD | Put | $15m | 42,100 |
| Lockheed MartinLMT | Call | $14m | 27,200 |
| General DynamicsGD | Call | $13m | 35,900 |
| RTXRTX | Put | $12m | 5,900 |
| Monster BeverageMNST | Put | $12m | 122,300 |
| MckessonMCK | Call | $12m | 15,400 |
| Monster BeverageMNST | Call | $11m | 113,500 |
| Lockheed MartinLMT | Put | $10m | 19,700 |
| Colgate-PalmoliveCL | Call | $10m | 106,500 |
| Colgate-PalmoliveCL | Put | $10m | 106,500 |
| Costco WholesaleCOST | Call | $9m | 9,900 |
| Costco WholesaleCOST | Put | $9m | 9,900 |
| CencoraCOR | Call | $9m | 32,000 |
| CSXCSX | Call | $8m | 171,100 |
| CSXCSX | Put | $8m | 171,100 |
| Hilton Worldwide HoldingsHLT | Call | $8m | 24,300 |
| Hilton Worldwide HoldingsHLT | Put | $8m | 24,300 |
| RTXRTX | Call | $8m | 17,800 |
| Bank of AmericaBAC | Put | $7m | 125,500 |
| Bank of AmericaBAC | Call | $7m | 116,700 |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is down 24.3% since 30 June 2025.
Where the money is
Financial services59.3%
Technology15.3%
Industrials10.7%
Media & telecom4.2%
Retail & consumer1.6%
Everyday goods0.0%
Health care0.0%
Other8.9%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.