Delta Accumulation, LLC

Reported holdings as of Q2 2026, from 19 quarterly filings.

CIK

1808389

Reported value

$2.5B

Positions

Top 10 weight

73.6%

Filed

2026-08-05

Days after quarter end

Holdings

Security	Ticker	Value	Shares	Weight	Weight change	Held	Change
BANK OF NY MELLON CORP OPT	BNY	$646.7M	80,513	25.86%	+1.78pp	8q	+3.1%+$19.3M
INVESCO QQQ TR OPT	QQQ	$191.9M	3,130	7.67%	-	new	NEW
STATE STR SPDR S&P 500 ETF T OPT	SPY	$180.3M	902	7.21%	-	new	NEW
JPMORGAN CHASE & CO OPT	JPM	$162.3M	26	6.49%	-10.42pp	14q	HELD
WALMART INC OPT	WMT	$140.1M	options only	5.60%	-	new	OPTIONS
CARDINAL HEALTH INC OPT	CAH	$132.0M	options only	5.28%	-7.47pp	14q	OPTIONS
TJX COS INC NEW OPT	TJX	$119.8M	6	4.79%	-	new	NEW
WELLTOWER INC OPT	WELL	$90.7M	options only	3.63%	-	new	OPTIONS
CUMMINS INC OPT	CMI	$90.6M	4,900	3.62%	-2.00pp	12q	HELD
CISCO SYS INC OPT	CSCO	$87.3M	14,500	3.49%	-0.47pp	7q	HELD
CBOE GLOBAL MKTS INC OPT	CBOE	$54.5M	options only	2.18%	-1.99pp	5q	OPTIONS
CITIGROUP INC OPT	C	$53.9M	64,215	2.16%	-1.00pp	8q	HELD
MORGAN STANLEY OPT	MS	$47.0M	options only	1.88%	-	new	OPTIONS
JOHNSON & JOHNSON OPT	JNJ	$40.5M	options only	1.62%	-0.27pp	2q	OPTIONS
ISHARES TR OPT	IWM	$39.2M	options only	1.57%	+0.28pp	11q	OPTIONS
GENERAL DYNAMICS CORP OPT	GD	$27.6M	options only	1.10%	-3.58pp	10q	OPTIONS
LOCKHEED MARTIN CORP OPT	LMT	$23.9M	options only	0.96%	-	new	OPTIONS
MONSTER BEVERAGE CORP NEW OPT	MNST	$22.7M	options only	0.91%	-	new	OPTIONS
RTX CORPORATION OPT	RTX	$20.0M	options only	0.80%	-	new	OPTIONS
COLGATE PALMOLIVE CO OPT	CL	$19.5M	options only	0.78%	-1.30pp	10q	OPTIONS
COSTCO WHOLESALE CORPORATION OPT	COST	$18.5M	options only	0.74%	-1.60pp	14q	OPTIONS
CSX CORP OPT	CSX	$16.3M	options only	0.65%	+0.32pp	2q	OPTIONS
HILTON WORLDWIDE HLDGS INC OPT	HLT	$16.1M	options only	0.64%	-0.64pp	11q	OPTIONS
BANK OF AMER CORP OPT	BAC	$14.3M	8,800	0.57%	-0.88pp	19q	-39.7%-$9.4M
BLACKROCK INC OPT	BLKXXXX	$12.5M	options only	0.50%	-0.59pp	7q	OPTIONS
MCKESSON CORP OPT	MCK	$11.6M	options only	0.47%	-	new	OPTIONS
C H ROBINSON WORLDWIDE IN OPT	CHRW	$11.1M	options only	0.44%	-0.79pp	4q	OPTIONS
NORTHROP GRUMMAN CORP OPT	NOC	$10.5M	options only	0.42%	-	new	OPTIONS
STATE STR CORP OPT	STT	$10.4M	options only	0.42%	-	new	OPTIONS
CENCORA INC OPT	COR	$9.5M	options only	0.38%	-4.69pp	12q	OPTIONS
PEPSICO INC OPT	PEP	$8.4M	options only	0.34%	-	new	OPTIONS
FIRSTENERGY CORP OPT	FE	$8.2M	options only	0.33%	-0.01pp	2q	OPTIONS
CHEVRON CORPORATION OPT	CVX	$8.2M	options only	0.33%	+0.02pp	2q	OPTIONS
PNC FINL SVCS GROUP INC OPT	PNC	$8.0M	1	0.32%	-	new	NEW
ALTRIA GROUP INC OPT	MO	$7.8M	options only	0.31%	-	new	OPTIONS
VISA INC OPT	V	$7.2M	options only	0.29%	-	new	OPTIONS
APPLE INC OPT	AAPL	$7.1M	options only	0.28%	-0.05pp	19q	OPTIONS
MARRIOTT INTL INC NEW OPT	MAR	$7.0M	options only	0.28%	-	new	OPTIONS
WW GRAINGER INC OPT	GWW	$6.8M	options only	0.27%	+0.12pp	2q	OPTIONS
TRAVELERS COMPANIES INC OPT	TRV	$6.5M	options only	0.26%	-	new	OPTIONS
MICROSOFT CORP OPT	MSFT	$6.3M	options only	0.25%	-	new	OPTIONS
MERCK & CO INC OPT	MRK	$6.0M	options only	0.24%	-	new	OPTIONS
PROGRESSIVE CORP OPT	PGR	$5.7M	options only	0.23%	-	new	OPTIONS
GOLDMAN SACHS GROUP INC OPT	GS	$5.5M	1	0.22%	-0.18pp	9q	HELD
KINDER MORGAN INC DEL OPT	KMI	$5.1M	options only	0.21%	-0.26pp	2q	OPTIONS
REGIONS FINANCIAL CORP NEW OPT	RF	$4.8M	options only	0.19%	-	new	OPTIONS
PHILIP MORRIS INTL INC OPT	PM	$4.3M	options only	0.17%	-	new	OPTIONS
AUTOMATIC DATA PROCESSING IN OPT	ADP	$4.2M	options only	0.17%	-0.16pp	8q	OPTIONS
ROSS STORES INC OPT	ROST	$4.2M	options only	0.17%	-	new	OPTIONS
CME GROUP INC OPT	CME	$3.9M	options only	0.16%	-	new	OPTIONS
AMERICAN ELEC PWR CO INC OPT	AEP	$3.9M	options only	0.16%	-0.17pp	2q	OPTIONS
GENERAL MILLS INC OPT	GIS	$3.8M	7	0.15%	-0.49pp	16q	HELD
INTERCONTINENTAL EXCHANGE IN OPT	ICE	$3.7M	options only	0.15%	-	new	OPTIONS
WASTE MGMT INC DEL OPT	WM	$3.6M	options only	0.14%	-	new	OPTIONS
EXXON MOBIL CORP OPT	XOMXXXX	$3.4M	options only	0.14%	-	new	OPTIONS
CLOROX CO DEL OPT	CLX	$3.4M	options only	0.14%	-0.51pp	4q	OPTIONS
PAYCHEX INC OPT	PAYX	$3.2M	options only	0.13%	-	new	OPTIONS
NORFOLK SOUTHN CORP OPT	NSC	$3.1M	options only	0.13%	-	new	OPTIONS
LOWES COS INC OPT	LOW	$3.0M	options only	0.12%	-	new	OPTIONS
MCDONALDS CORP OPT	MCD	$2.9M	options only	0.12%	-	new	OPTIONS
GILEAD SCIENCES INC OPT	GILD	$2.9M	options only	0.12%	-0.40pp	6q	OPTIONS
PALO ALTO NETWORKS INC	PANW	$2.6M	7,770	0.11%	-	new	NEW
PROCTER & GAMBLE CO OPT	PG	$2.5M	options only	0.10%	-	new	OPTIONS
CINTAS CORP OPT	CTAS	$2.2M	options only	0.09%	-0.20pp	3q	OPTIONS
MASTERCARD INCORPORATED OPT	MA	$1.7M	1	0.07%	-	new	NEW
UNION PAC CORP OPT	UNP	$1.5M	options only	0.06%	-	new	OPTIONS
META PLATFORMS INC	META	$1.5M	2,647	0.06%	-	new	NEW
HCA HEALTHCARE INC OPT	HCA	$1.3M	options only	0.05%	-0.28pp	12q	OPTIONS
NVIDIA CORPORATION	NVDA	$1.1M	5,547	0.04%	-	new	NEW
AIRBNB INC OPT	ABNB	$1.1M	3,847	0.04%	flat	10q	HELD
SPDR GOLD TR OPT	GLD	$773.6K	options only	0.03%	-0.05pp	3q	OPTIONS
ZILLOW GROUP INC OPT	Z	$315.2K	options only	0.01%	-	new	OPTIONS
BOEING CO	BA	$303.1K	1,400	0.01%	-0.04pp	7q	HELD
ISHARES TR	SGOV	$197.5K	1,962	0.01%	-	new	NEW
FISERV INC OPT	FISV	$127.5K	options only	0.01%	-0.06pp	6q	OPTIONS
ELECTRONIC ARTS INC OPT	EA	$102.5K	options only	0.00%	-0.14pp	8q	OPTIONS
TYSON FOODS INC	TSN	$7.1K	124	0.00%	-	new	NEW
WELLS FARGO & CO	WFC	$6.3K	76	0.00%	-	new	NEW
TRUIST FINL CORP	TFC	$1.9K	39	0.00%	-	new	NEW
STARBUCKS CORP	SBUX	$1.4K	14	0.00%	-	new	NEW
TRIP COM GROUP LTD	TCOM	$797	20	0.00%	-	new	NEW
DOLLAR GEN CORP	DG	$345	3	0.00%	flat	13q	HELD
BRISTOL-MYERS SQUIBB CO	BMY	$115	2	0.00%	flat	15q	HELD

By sector

Industry comes from the SIC code on each company's own SEC filings, which is self-reported and sometimes out of date. Derivative exposure is counted with the shares. Securities the SEC assigns no industry - funds, trusts, foreign issues - are shown as not classified rather than dropped.

Sector	Value	Share
Banks & Lending	$900.4M	36.0%
Funds & ETFs	$372.3M	14.9%
Retail & Consumer	$290.8M	11.6%
Wholesale & Distribution	$160.0M	6.4%
Capital Markets	$115.3M	4.6%
Computer Hardware	$97.1M	3.9%
Real Estate	$90.7M	3.6%
Industrials	$90.6M	3.6%
Autos & Aerospace	$82.3M	3.3%
Biotech & Pharma	$49.4M	2.0%
Food, Drink & Tobacco	$47.0M	1.9%
Other sectors	$146.1M	5.8%
Not classified	$59.2M	2.4%

Quarter by quarter

Quarter	Value	Positions	New	Added	Trimmed	Exited	Top 10	Days to file
Q2 2026	$2.5B	83	45	1	4	4	73.6%	36
Q1 2026	$1.2B	42	8	1	5	65	82.8%	38
Q4 2025	$2.7B	99	4	2	2	8	63.7%	36
Q3 2025	$1.6B	103	7	2	1	8	56.1%	41
Q2 2025	$1.3B	104	5	5	2	7	63.1%	44
Q1 2025	$1.7B	106	11	3	7	11	64.3%	39
Q4 2024	$1.8B	106	18	3	0	8	67.2%	41
Q3 2024	$1.4B	96	20	1	3	5	66.1%	43
Q2 2024	$1.4B	81	6	3	3	12	74.4%	40
Q1 2024	$1.4B	87	12	5	1	10	63.5%	40
Q4 2023	$632.1M	85	19	4	5	10	50.2%	44
Q3 2023	$446.3M	76	11	7	0	10	42.8%	44
Q2 2023	$295.3M	75	12	3	2	6	48.0%	41
Q1 2023	$164.3M	69	21	4	2	5	36.7%	45
Q4 2022	$96.4M	53	33	4	2	0	56.5%	45
Q3 2022	$7.3M	20	1	9	0	32	67.6%	45
Q2 2022	$214.4M	51	1	3	0	18	61.2%	46
Q1 2022	$1.3B	68	2	2	0	15	56.3%	46
Q4 2021	$988.4M	81	0	0	0	0	53.9%	45

Rows marked UNVERIFIED ID, PLACEHOLDER ID, TICKER AS ID or NON-CUSIP ID carry an identifier that is not a valid CUSIP. They are shown because the filer reported that money, but treat the security named with caution - hover the chip for what is wrong with it, and see the methodology.

Held counts consecutive filings in which this manager reported the position, and can reach further back than the quarters listed above: the tabs begin at Q4 2018 because earlier coverage is too sparse to describe a market, but tenure is counted over every filing we hold, some reaching to 2007. A position sold and later rebought starts again from one.

Weight change is the shift in this position's share of the whole book, in percentage points. It is the more useful column: when money flows into or out of a broad fund, almost every holding is bought or sold at once, so added and trimmed largely track flows. A weight that rose while the book shrank is a decision. Both compare with the previous quarter this filer reported, not the previous calendar quarter.