Live research pack

Hedge Fund Filing Pack

Quarterly 13F filings show what institutional managers held at quarter end and can arrive weeks later. SignalPack makes that lag explicit, compares manager changes, and keeps the sources and investing-lens scores attached.

Latest available quarter 2026-06-30Filings received through 2026-08-146 source filings3 available managersExecution disabled

Research leadsDAL selected · 6 positionsAll positions

GOOGL
ALPHABET INC-CL A
Added shares
Berkshire, Pershing Square, Duquesne
Quality 5/6 known
Candidate
DAL
DELTA AIR LINES INC
Added shares
Berkshire, Duquesne
Quality 3/4 known · 2 missing
Candidate
AMZN
AMAZON.COM INC
Added shares
Pershing Square, Duquesne
Quality 5/5 known · 1 missing
Candidate
DHI
DR HORTON INC
New position
Berkshire, Duquesne
Quality 4/4 known · 2 missing
Candidate
GOOG
ALPHABET INC-CL C
Added shares
Berkshire, Pershing Square
Quality 5/6 known
Candidate
QSR
RESTAURANT BRANDS INTERN
Reduced shares
Pershing Square, Duquesne
Quality 3/6 known
Review

Point-in-time evidence

Why DAL scored this way

Holdings reflect Jun 30, 2026; supporting evidence is limited to information available by Aug 14, 2026. Filing-derived prices are delayed proxies, not market quotes.

Partial evidence

Manager behavior

39/76

Manager-behavior conviction

Aligned follow-on buying

82.97th percentile average move magnitude · 67.4th percentile average position strength

13f-conviction-v1 keeps filing behavior separate from company fundamentals.

Berkshire

Added shares · 1.79% reported weight

Building

Position 13 of 29+43.99% shares85.71th percentile move2-quarter positive streak

Duquesne

New position · 1.08% reported weight

Reentered

Position 20 of 86New position80.22th percentile move1-quarter positive streak

Business quality

Point-in-time operating-company metrics derived from official SEC Company Facts.

Annual revenue: $63.4B; SEC Company Facts · Available; Derived with sec-company-facts-derived-v2.
5-year revenue CAGR: 29.96%; SEC Company Facts · Available; Derived with sec-company-facts-derived-v2.
Operating margin: 9.19%; SEC Company Facts · Available; Derived with sec-company-facts-derived-v2.
Free-cash-flow margin: Unavailable; No source value · Missing; Required point-in-time fact families are unavailable: capex.
Return on invested capital: 16.22%; SEC Company Facts · Available; Derived with sec-company-facts-derived-v2.
Net long-term debt / equity: 0.27×; SEC Company Facts · Available; Derived with sec-company-facts-derived-v2.

Delayed valuation

Quarter-end 13F value/share evidence combined with lagged SEC per-share fundamentals.

Implied quarter-end price: $93.66; 13F-derived · Available; Delayed quarter-end price proxy derived from 2 13F value/share observation(s).
Filing-precision range: $93.66; 13F-derived · Available; Bounds reflect the reported market-value precision across 2 observation(s).
Delayed P/E: 12.23×; 13F-derived · Available; Delayed 13F quarter-end price proxy divided by latest point-in-time annual diluted EPS.
Delayed P/B: 2.94×; 13F-derived · Available; Delayed 13F quarter-end price proxy divided by latest point-in-time annual book value per diluted share.
Graham value proxy: $74.13; 13F-derived · Available; Square root of 22.5 times point-in-time annual diluted EPS and book value per diluted share.
Margin of safety: -26.34%; 13F-derived · Available; Graham-number proxy less delayed 13F price, divided by the Graham-number proxy.

Availability and quality

Partial evidence

11/12 displayed metrics are available; 1 unavailable or withheld.

1 metric(s) have no valid point-in-time value.

Identity, asset structure, report date, filing units, sanity range, and manager agreement gates passed.

Lineage

4 SEC filing record(s) support the selected manager change set.

17 displayed or supporting fields trace to immutable SEC Company Facts data; unsupported qualitative and market claims are intentionally excluded from this panel.

2 current-position 13F observation(s) support the delayed Jun 30, 2026 price proxy, available after filings through Aug 14, 2026.

Daily adjusted prices, returns, volatility, liquidity, and benchmark comparisons arrive in Checkpoint 3; none are inferred from this delayed filing proxy.