DELTA ACCUMULATION, LLC

PrivateCIK: 1808389

Location

SAUSALITO, CA

Positions

$1.15B

Total AUM (reported)

7.03M

Total Shares

Allocation by class

COM$1.09B94.2%

COM NEW$50.62M4.4%

RUSSELL 2000 ETF$14.78M1.3%

SHSGOLD$903.6K0.1%

COM CL A$485.8K0.0%

Portfolio Concentration

Top 3$619.25M53.7%

4–10$334.40M29.0%

11–25$163.06M14.1%

Rest$35.67M3.1%

Top 3 weight

53.7%

Top 10 weight

82.8%

Voting Authority Distribution

Total shares with voting rights: 7.03M

Sole

Full voting authority

192.70K

% of voting shares2.7%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

6.84M

% of voting shares97.3%

Investment Discretion (by position count)

Sole42

Shared0

Other0

Dominant voting typeNone · 97.3% of voting shares

Institutional Holdings42

Rows:

BANK NEW YORK MELLON CORP

SOLE

COM

Shares2.34M

TypeSH

Market value$277.46M

24.08%

Sole

78.11K

Shared

0.00

None

2.26M

JPMORGAN CHASE & CO

SOLE

COM

Shares662.43K

TypeSH

Market value$194.86M

16.91%

Sole

26.00

Shared

0.00

None

662.40K

CARDINAL HEALTH INC

SOLE

COM

Shares695.30K

TypeSH

Market value$146.92M

12.75%

Sole

16.90K

Shared

0.00

None

678.40K

CUMMINS INC

SOLE

COM

Shares120.40K

TypeSH

Market value$64.78M

5.62%

Sole

4.90K

Shared

0.00

None

115.50K

CENCORA INC

SOLE

COM

Shares186.20K

TypeSH

Market value$58.49M

5.08%

Sole

6.40K

Shared

0.00

None

179.80K

GENERAL DYNAMICS CORP

SOLE

COM

Shares157.40K

TypeSH

Market value$54.02M

4.69%

Sole

0.00

Shared

0.00

None

157.40K

CBOE GLOBAL MKTS INC

SOLE

COM

Shares170.70K

TypeSH

Market value$47.98M

4.16%

Sole

0.00

Shared

0.00

None

170.70K

CISCO SYS INC

SOLE

COM

Shares589.20K

TypeSH

Market value$45.72M

3.97%

Sole

0.00

Shared

0.00

None

589.20K

CITIGROUP INC

SOLE

COM NEW

Shares321.01K

TypeSH

Market value$36.41M

3.16%

Sole

64.21K

Shared

0.00

None

256.80K

COSTCO WHSL CORP NEW

SOLE

COM

Shares27.10K

TypeSH

Market value$27.00M

2.34%

Sole

0.00

Shared

0.00

None

27.10K

COLGATE PALMOLIVE CO

SOLE

COM

Shares282K

TypeSH

Market value$24.03M

2.09%

Sole

0.00

Shared

0.00

None

282K

JOHNSON & JOHNSON

SOLE

COM

Shares89K

TypeSH

Market value$21.76M

1.89%

Sole

0.00

Shared

0.00

None

89K

BANK AMERICA CORP

SOLE

COM

Shares343.20K

TypeSH

Market value$16.73M

1.45%

Sole

14.60K

Shared

0.00

None

328.60K

ISHARES TR

SOLE

RUSSELL 2000 ETF

Shares59.60K

TypeSH

Market value$14.78M

1.28%

Sole

0.00

Shared

0.00

None

59.60K

HILTON WORLDWIDE HLDGS INC

SOLE

COM

Shares48.60K

TypeSH

Market value$14.78M

1.28%

Sole

0.00

Shared

0.00

None

48.60K

C H ROBINSON WORLDWIDE INC

SOLE

COM NEW

Shares85.60K

TypeSH

Market value$14.22M

1.23%

Sole

0.00

Shared

0.00

None

85.60K

BLACKROCK INC

SOLE

COM

Shares13K

TypeSH

Market value$12.50M

1.08%

Sole

0.00

Shared

0.00

None

13K

CLOROX CO DEL

SOLE

COM

Shares71.60K

TypeSH

Market value$7.42M

0.64%

Sole

0.00

Shared

0.00

None

71.60K

GENERAL MLS INC

SOLE

COM

Shares198.41K

TypeSH

Market value$7.38M

0.64%

Sole

7.00

Shared

0.00

None

198.40K

GILEAD SCIENCES INC

SOLE

COM

Shares42.80K

TypeSH

Market value$5.97M

0.52%

Sole

0.00

Shared

0.00

None

42.80K

HOME DEPOT INC

SOLE

COM

Shares17.40K

TypeSH

Market value$5.72M

0.50%

Sole

0.00

Shared

0.00

None

17.40K

KINDER MORGAN INC DEL

SOLE

COM

Shares160.40K

TypeSH

Market value$5.38M

0.47%

Sole

0.00

Shared

0.00

None

160.40K

GOLDMAN SACHS GROUP INC

SOLE

COM

Shares5.40K

TypeSH

Market value$4.57M

0.40%

Sole

1.00

Shared

0.00

None

5.40K

FIRSTENERGY CORP

SOLE

COM

Shares77.60K

TypeSH

Market value$3.93M

0.34%

Sole

0.00

Shared

0.00

None

77.60K

AIR PRODS & CHEMS INC

SOLE

COM

Shares13.40K

TypeSH

Market value$3.89M

0.34%

Sole

0.00

Shared

0.00

None

13.40K

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	None
BANK NEW YORK MELLON CORPSOLE	COM	2.34M	SH	$277.46M 24.08%	78.11K	2.26M
JPMORGAN CHASE & COSOLE	COM	662.43K	SH	$194.86M 16.91%	26.00	662.40K
CARDINAL HEALTH INCSOLE	COM	695.30K	SH	$146.92M 12.75%	16.90K	678.40K
CUMMINS INCSOLE	COM	120.40K	SH	$64.78M 5.62%	4.90K	115.50K
CENCORA INCSOLE	COM	186.20K	SH	$58.49M 5.08%	6.40K	179.80K
GENERAL DYNAMICS CORPSOLE	COM	157.40K	SH	$54.02M 4.69%	0.00	157.40K
CBOE GLOBAL MKTS INCSOLE	COM	170.70K	SH	$47.98M 4.16%	0.00	170.70K
CISCO SYS INCSOLE	COM	589.20K	SH	$45.72M 3.97%	0.00	589.20K
CITIGROUP INCSOLE	COM NEW	321.01K	SH	$36.41M 3.16%	64.21K	256.80K
COSTCO WHSL CORP NEWSOLE	COM	27.10K	SH	$27.00M 2.34%	0.00	27.10K
COLGATE PALMOLIVE COSOLE	COM	282K	SH	$24.03M 2.09%	0.00	282K
JOHNSON & JOHNSONSOLE	COM	89K	SH	$21.76M 1.89%	0.00	89K
BANK AMERICA CORPSOLE	COM	343.20K	SH	$16.73M 1.45%	14.60K	328.60K
ISHARES TRSOLE	RUSSELL 2000 ETF	59.60K	SH	$14.78M 1.28%	0.00	59.60K
HILTON WORLDWIDE HLDGS INCSOLE	COM	48.60K	SH	$14.78M 1.28%	0.00	48.60K
C H ROBINSON WORLDWIDE INCSOLE	COM NEW	85.60K	SH	$14.22M 1.23%	0.00	85.60K
BLACKROCK INCSOLE	COM	13K	SH	$12.50M 1.08%	0.00	13K
CLOROX CO DELSOLE	COM	71.60K	SH	$7.42M 0.64%	0.00	71.60K
GENERAL MLS INCSOLE	COM	198.41K	SH	$7.38M 0.64%	7.00	198.40K
GILEAD SCIENCES INCSOLE	COM	42.80K	SH	$5.97M 0.52%	0.00	42.80K
HOME DEPOT INCSOLE	COM	17.40K	SH	$5.72M 0.50%	0.00	17.40K
KINDER MORGAN INC DELSOLE	COM	160.40K	SH	$5.38M 0.47%	0.00	160.40K
GOLDMAN SACHS GROUP INCSOLE	COM	5.40K	SH	$4.57M 0.40%	1.00	5.40K
FIRSTENERGY CORPSOLE	COM	77.60K	SH	$3.93M 0.34%	0.00	77.60K
AIR PRODS & CHEMS INCSOLE	COM	13.40K	SH	$3.89M 0.34%	0.00	13.40K

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