# EDGAR Filing Document

**Accession Number:** 0001808389
**File Stem:** 0001808389-26-000008
**Filing Date:** 2026-5
**Character Count:** 12085
**Document Hash:** e55dc61a48a9433ac77066489616df41
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001808389-26-000008.hdr.sgml**: 20260508

**ACCESSION NUMBER**: 0001808389-26-000008

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260508

**DATE AS OF CHANGE**: 20260508

**EFFECTIVENESS DATE**: 20260508

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Delta Accumulation, LLC
- **CENTRAL INDEX KEY:** 0001808389

**ORGANIZATION NAME:**
- **EIN:** 472735484
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-21990
- **FILM NUMBER:** 26957393

**BUSINESS ADDRESS:**
- **STREET 1:** 1505 BRIDGEWAY
- **STREET 2:** SUITE
- **CITY:** SAUSALITO
- **STATE:** CA
- **ZIP:** 94965
- **BUSINESS PHONE:** 347-439-7817

**MAIL ADDRESS:**
- **STREET 1:** 1505 BRIDGEWAY
- **STREET 2:** SUITE
- **CITY:** SAUSALITO
- **STATE:** CA
- **ZIP:** 94965

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 03-31-2026

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** Delta Accumulation LLC<br>**Address:** 1505 BRIDGEWAY<br>SUITE<br>SAUSALITO, CA 94965

**Form 13F File Number:** 028-21990

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** Patrick Kenary<br>**Title:** Chief Compliance Officer<br>**Phone:** 7733687783

**Signature, Place, and Date of Signing:**

Patrick Kenary  Western Springs, IL  05-08-2026<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 87

**Form 13F Information Table Value Total:** $1152380260

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| APPLE INC | COM | 037833100 |  | 1928804 | 7600 | SH | Put | SOLE |  | 0 | 0 | 7600 |
| APPLE INC | COM | 037833100 |  | 1928804 | 7600 | SH | Call | SOLE |  | 0 | 0 | 7600 |
| AIRBNB INC | COM CL A | 009066101 |  | 485799 | 3847 | SH |  | SOLE |  | 3847 | 0 | 0 |
| AUTOMATIC DATA PROCESSING IN | COM | 053015103 |  | 3819784 | 18800 | SH | Call | SOLE |  | 0 | 0 | 18800 |
| AMERICAN ELEC PWR CO INC | COM | 025537101 |  | 1861336 | 14200 | SH | Put | SOLE |  | 0 | 0 | 14200 |
| AMERICAN ELEC PWR CO INC | COM | 025537101 |  | 1861336 | 14200 | SH | Call | SOLE |  | 0 | 0 | 14200 |
| AFLAC INC | COM | 001055102 |  | 811854 | 7400 | SH | Call | SOLE |  | 0 | 0 | 7400 |
| AFLAC INC | COM | 001055102 |  | 811854 | 7400 | SH | Put | SOLE |  | 0 | 0 | 7400 |
| AIR PRODS  CHEMS INC | COM | 009158106 |  | 1946283 | 6700 | SH | Call | SOLE |  | 0 | 0 | 6700 |
| AIR PRODS  CHEMS INC | COM | 009158106 |  | 1946283 | 6700 | SH | Put | SOLE |  | 0 | 0 | 6700 |
| BOEING CO | COM | 097023105 |  | 278642 | 1400 | SH |  | SOLE |  | 1400 | 0 | 0 |
| BOEING CO | COM | 097023105 |  | 278642 | 1400 | SH | Put | SOLE |  | 0 | 0 | 1400 |
| BANK AMERICA CORP | COM | 060505104 |  | 711555 | 14596 | SH |  | SOLE |  | 14596 | 0 | 0 |
| BANK AMERICA CORP | COM | 060505104 |  | 8009625 | 164300 | SH | Put | SOLE |  | 0 | 0 | 164300 |
| BANK AMERICA CORP | COM | 060505104 |  | 8009625 | 164300 | SH | Call | SOLE |  | 0 | 0 | 164300 |
| BANK NEW YORK MELLON CORP | COM | 064058100 |  | 9265833 | 78107 | SH |  | SOLE |  | 78107 | 0 | 0 |
| BANK NEW YORK MELLON CORP | COM | 064058100 |  | 120789066 | 1018200 | SH | Call | SOLE |  | 0 | 0 | 1018200 |
| BANK NEW YORK MELLON CORP | COM | 064058100 |  | 147409638 | 1242600 | SH | Put | SOLE |  | 0 | 0 | 1242600 |
| BLACKROCK INC | COM | 09247X101 |  | 6251115 | 6500 | SH | Call | SOLE |  | 0 | 0 | 6500 |
| BLACKROCK INC | COM | 09247X101 |  | 6251115 | 6500 | SH | Put | SOLE |  | 0 | 0 | 6500 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 121 | 2 | SH |  | SOLE |  | 2 | 0 | 0 |
| CITIGROUP INC | COM NEW | 172967424 |  | 7281829 | 64208 | SH |  | SOLE |  | 64208 | 0 | 0 |
| CITIGROUP INC | COM NEW | 172967424 |  | 14561844 | 128400 | SH | Put | SOLE |  | 0 | 0 | 128400 |
| CITIGROUP INC | COM NEW | 172967424 |  | 14561844 | 128400 | SH | Call | SOLE |  | 0 | 0 | 128400 |
| CARDINAL HEALTH INC | COM | 14149Y108 |  | 3571350 | 16901 | SH |  | SOLE |  | 16901 | 0 | 0 |
| CARDINAL HEALTH INC | COM | 14149Y108 |  | 94561225 | 447500 | SH | Put | SOLE |  | 0 | 0 | 447500 |
| CARDINAL HEALTH INC | COM | 14149Y108 |  | 48791479 | 230900 | SH | Call | SOLE |  | 0 | 0 | 230900 |
| CBOE GLOBAL MKTS INC | COM | 12503M108 |  | 21192678 | 75400 | SH | Put | SOLE |  | 0 | 0 | 75400 |
| CBOE GLOBAL MKTS INC | COM | 12503M108 |  | 26785971 | 95300 | SH | Call | SOLE |  | 0 | 0 | 95300 |
| C H ROBINSON WORLDWIDE INC | COM NEW | 12541W209 |  | 8901352 | 53600 | SH | Put | SOLE |  | 0 | 0 | 53600 |
| C H ROBINSON WORLDWIDE INC | COM NEW | 12541W209 |  | 5314240 | 32000 | SH | Call | SOLE |  | 0 | 0 | 32000 |
| COLGATE PALMOLIVE CO | COM | 194162103 |  | 12017430 | 141000 | SH | Call | SOLE |  | 0 | 0 | 141000 |
| COLGATE PALMOLIVE CO | COM | 194162103 |  | 12017430 | 141000 | SH | Put | SOLE |  | 0 | 0 | 141000 |
| CLOROX CO DEL | COM | 189054109 |  | 3709954 | 35800 | SH | Put | SOLE |  | 0 | 0 | 35800 |
| CLOROX CO DEL | COM | 189054109 |  | 3709954 | 35800 | SH | Call | SOLE |  | 0 | 0 | 35800 |
| CUMMINS INC | COM | 231021106 |  | 2636298 | 4900 | SH |  | SOLE |  | 4900 | 0 | 0 |
| CUMMINS INC | COM | 231021106 |  | 36423954 | 67700 | SH | Put | SOLE |  | 0 | 0 | 67700 |
| CUMMINS INC | COM | 231021106 |  | 25717356 | 47800 | SH | Call | SOLE |  | 0 | 0 | 47800 |
| CENCORA INC | COM | 03073E105 |  | 2010496 | 6400 | SH |  | SOLE |  | 6400 | 0 | 0 |
| CENCORA INC | COM | 03073E105 |  | 23686156 | 75400 | SH | Call | SOLE |  | 0 | 0 | 75400 |
| CENCORA INC | COM | 03073E105 |  | 32796216 | 104400 | SH | Put | SOLE |  | 0 | 0 | 104400 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 20028243 | 20100 | SH | Call | SOLE |  | 0 | 0 | 20100 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 6975010 | 7000 | SH | Put | SOLE |  | 0 | 0 | 7000 |
| CISCO SYS INC | COM | 17275R102 |  | 19785450 | 255000 | SH | Call | SOLE |  | 0 | 0 | 255000 |
| CISCO SYS INC | COM | 17275R102 |  | 25930578 | 334200 | SH | Put | SOLE |  | 0 | 0 | 334200 |
| CSX CORP | COM | 126408103 |  | 1875985 | 45700 | SH | Put | SOLE |  | 0 | 0 | 45700 |
| CSX CORP | COM | 126408103 |  | 1875985 | 45700 | SH | Call | SOLE |  | 0 | 0 | 45700 |
| CINTAS CORP | COM | 172908105 |  | 1674486 | 9900 | SH | Call | SOLE |  | 0 | 0 | 9900 |
| CINTAS CORP | COM | 172908105 |  | 1674486 | 9900 | SH | Put | SOLE |  | 0 | 0 | 9900 |
| CHEVRON CORP NEW | COM | 166764100 |  | 1737960 | 8400 | SH | Put | SOLE |  | 0 | 0 | 8400 |
| CHEVRON CORP NEW | COM | 166764100 |  | 1737960 | 8400 | SH | Call | SOLE |  | 0 | 0 | 8400 |
| DOLLAR GEN CORP NEW | COM | 256677105 |  | 356 | 3 | SH |  | SOLE |  | 3 | 0 | 0 |
| ELECTRONIC ARTS INC | COM | 285512109 |  | 1610573 | 7900 | SH | Put | SOLE |  | 0 | 0 | 7900 |
| FIRSTENERGY CORP | COM | 337932107 |  | 1965608 | 38800 | SH | Put | SOLE |  | 0 | 0 | 38800 |
| FIRSTENERGY CORP | COM | 337932107 |  | 1965608 | 38800 | SH | Call | SOLE |  | 0 | 0 | 38800 |
| FISERV INC | COM | 337738108 |  | 781200 | 14000 | SH | Call | SOLE |  | 0 | 0 | 14000 |
| GENERAL DYNAMICS CORP | COM | 369550108 |  | 27011414 | 78700 | SH | Call | SOLE |  | 0 | 0 | 78700 |
| GENERAL DYNAMICS CORP | COM | 369550108 |  | 27011414 | 78700 | SH | Put | SOLE |  | 0 | 0 | 78700 |
| GILEAD SCIENCES INC | COM | 375558103 |  | 3790864 | 27200 | SH | Put | SOLE |  | 0 | 0 | 27200 |
| GILEAD SCIENCES INC | COM | 375558103 |  | 2174172 | 15600 | SH | Call | SOLE |  | 0 | 0 | 15600 |
| GENERAL MLS INC | COM | 370334104 |  | 261 | 7 | SH |  | SOLE |  | 7 | 0 | 0 |
| GENERAL MLS INC | COM | 370334104 |  | 4042092 | 108600 | SH | Call | SOLE |  | 0 | 0 | 108600 |
| GENERAL MLS INC | COM | 370334104 |  | 3342356 | 89800 | SH | Put | SOLE |  | 0 | 0 | 89800 |
| SPDR GOLD TR | SHSGOLD | 78463V107 |  | 903609 | 2100 | SH | Call | SOLE |  | 0 | 0 | 2100 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 846 | 1 | SH |  | SOLE |  | 1 | 0 | 0 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 2284173 | 2700 | SH | Call | SOLE |  | 0 | 0 | 2700 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 2284173 | 2700 | SH | Put | SOLE |  | 0 | 0 | 2700 |
| GRAINGER W W INC | COM | 384802104 |  | 872648 | 800 | SH | Call | SOLE |  | 0 | 0 | 800 |
| GRAINGER W W INC | COM | 384802104 |  | 872648 | 800 | SH | Put | SOLE |  | 0 | 0 | 800 |
| HCA HEALTHCARE INC | COM | 40412C101 |  | 1088452 | 2300 | SH |  | SOLE |  | 2300 | 0 | 0 |
| HCA HEALTHCARE INC | COM | 40412C101 |  | 1892960 | 4000 | SH | Put | SOLE |  | 0 | 0 | 4000 |
| HCA HEALTHCARE INC | COM | 40412C101 |  | 804508 | 1700 | SH | Call | SOLE |  | 0 | 0 | 1700 |
| HOME DEPOT INC | COM | 437076102 |  | 2861343 | 8700 | SH | Call | SOLE |  | 0 | 0 | 8700 |
| HOME DEPOT INC | COM | 437076102 |  | 2861343 | 8700 | SH | Put | SOLE |  | 0 | 0 | 8700 |
| HILTON WORLDWIDE HLDGS INC | COM | 43300A203 |  | 7389144 | 24300 | SH | Put | SOLE |  | 0 | 0 | 24300 |
| HILTON WORLDWIDE HLDGS INC | COM | 43300A203 |  | 7389144 | 24300 | SH | Call | SOLE |  | 0 | 0 | 24300 |
| HERSHEY CO | COM | 427866108 |  | 1101817 | 5300 | SH | Call | SOLE |  | 0 | 0 | 5300 |
| HERSHEY CO | COM | 427866108 |  | 1101817 | 5300 | SH | Put | SOLE |  | 0 | 0 | 5300 |
| ISHARES TR | RUSSELL 2000 ETF | 464287655 |  | 6944000 | 28000 | SH | Call | SOLE |  | 0 | 0 | 28000 |
| ISHARES TR | RUSSELL 2000 ETF | 464287655 |  | 7836800 | 31600 | SH | Put | SOLE |  | 0 | 0 | 31600 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 10877580 | 44500 | SH | Call | SOLE |  | 0 | 0 | 44500 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 10877580 | 44500 | SH | Put | SOLE |  | 0 | 0 | 44500 |
| JPMORGAN CHASE  CO | COM | 46625H100 |  | 7648 | 26 | SH |  | SOLE |  | 26 | 0 | 0 |
| JPMORGAN CHASE  CO | COM | 46625H100 |  | 94278280 | 320500 | SH | Put | SOLE |  | 0 | 0 | 320500 |
| JPMORGAN CHASE  CO | COM | 46625H100 |  | 100573304 | 341900 | SH | Call | SOLE |  | 0 | 0 | 341900 |
| KINDER MORGAN INC DEL | COM | 49456B101 |  | 2689106 | 80200 | SH | Put | SOLE |  | 0 | 0 | 80200 |
| KINDER MORGAN INC DEL | COM | 49456B101 |  | 2689106 | 80200 | SH | Call | SOLE |  | 0 | 0 | 80200 |

---