Delta Accumulation, LLC is an SEC-registered investment adviser based in Sausalito, CA that reports managing 3 hedge funds on Form ADV. It reports $332.1 million in regulatory assets under management. Its private funds, of all types, hold $99.0 million in gross assets. Its disclosed U.S. stock holdings returned an estimated +13.0% 2026 YTD through Jun 30 (S&P 500: +9.5%), based on 13F filings. Over a longer period they returned an estimated +32.9% from Q3 2024 to Q2 2026, compared with +37.2% for the S&P 500, based on 13F filings.
- Regulatory assets under management
- $332.1 millionForm ADV Item 5.F
- Gross assets of private funds
- $99.0 millionAll private fund types, Form ADV
- Hedge funds managed
- 33 private funds in total
- Employees
- 3Form ADV Item 5.A
- Registration
- SEC-registered adviserCRD 286434
- Latest Form ADV
- 03/30/2026Disciplinary disclosures: none reported
Estimated 13F portfolio performance
| Quarter | Est. 13F return | S&P 500 |
|---|---|---|
| Q2 2026 | +17.8% | +14.8% |
| Q1 2026 | -4.0% | -4.6% |
| Q4 2025 | +2.0% | +2.4% |
| Q3 2025 | -2.3% | +7.8% |
| Q2 2025 | +16.8% | +10.4% |
| Q1 2025 | -3.6% | -4.5% |
| Q4 2024 | +0.6% | +2.1% |
| Q3 2024 | +4.1% | +5.4% |
Estimate of the firm's disclosed long U.S. stock portfolio from its quarterly 13F filings, holding each quarter-end portfolio to the next quarter-end at prices implied by all 13F filers. It is a price return before dividends and fees, ignores shorts, options, bonds, cash and trading within the quarter, and is not the return of any fund. Disclosures
Largest disclosed holdings
- Bank New York Mellon Corp$11.6 million
- Citigroup Inc$9.0 million
- Cummins Inc Com$3.5 million
- Palo Alto Networks Inc Com$2.6 million
- Invesco QQQ Trust$2.3 million
- Cisco Systems Inc$1.7 million
- Meta Platforms, Inc.$1.5 million
- Nvidia Corp$1.1 million
- SPDR S&P 500 ETF TR$673,587
- Airbnb Inc Com CL A$550,506
As of 2026-06-30, from 13F filing by Delta Accumulation, LLC.
From SEC filings. Firm data comes from the SEC's Form ADV data as of Oct 2, 2026; performance estimates come from Form 13F. HedgeMountain has not verified this information, and it is not an offer, solicitation or recommendation. Full disclosures