Kawa Capital Management, Inc. has sold its entire position in Delek US Holdings, according to a filing with the U.S. Securities and Exchange Commission. The transaction was disclosed on January 21, 2026.
The fund unloaded 200,000 shares of Delek US Holdings stock. Based on quarterly average pricing, the estimated value of the sale was $6.45 million.
Following the transaction, Kawa Capital holds zero shares in Delek US Holdings. The position's value fell by $6.45 million, reflecting the complete exit.
Prior to the sale, the Delek stake represented 11.7% of the fund's assets under management as of the previous quarter. Post-sale, the position accounts for none of the fund's AUM.
As of January 20, 2026, Delek US Holdings shares were trading at $26.68. The stock has risen 45.47% over the past year, outperforming the S&P 500 by 28.34 percentage points.
The company reported revenue of $10.67 billion over the trailing twelve months. Net income stood at a loss of $453.50 million for the same period. Delek US Holdings pays a dividend yield of 3.63%.
Delek US Holdings produces and markets refined petroleum products including gasoline, diesel, and aviation fuel. The company operates convenience retail stores primarily in West Texas and New Mexico.
Kawa Capital's top holdings following the filing include positions in BDN, ONL, ARE, and VALE. These positions represent 36.37%, 28.99%, 18.33%, and 16.31% of the fund's AUM respectively.