Delek US Holdings (NYSE: DK) River Road 13G/A shows 4.2% passive stake

Rhea-AI Filing Summary

River Road Asset Management, LLC has filed Amendment No. 1 to a Schedule 13G/A reporting its holdings in Delek US Holdings, Inc. (DK) common stock as of the event date 11/30/2025. River Road reports beneficial ownership of 2,523,176 shares, representing 4.2% of Delek’s outstanding common stock, which is below the 5% threshold noted in the form.

The firm has sole voting power over 2,200,981 shares and sole dispositive power over the full 2,523,176 shares, with no shared voting or dispositive power. River Road classifies itself as an investment adviser and certifies that the securities were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of Delek US Holdings.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)

Delek US Holdings, Inc.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

24665A103

(CUSIP Number)

11/30/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 24665A103

1

Names of Reporting Persons

River Road Asset Management, LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 2,200,981.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 2,523,176.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

2,523,176.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

4.2 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Delek US Holdings, Inc.
(b)	Address of issuer's principal executive offices: 310 SEVEN SPRINGS WAY, 310 SEVEN SPRINGS WAY, BRENTWOOD, TENNESSEE, 37027.
Item 2.
(a)	Name of person filing: River Road Asset Management, LLC
(b)	Address or principal business office or, if none, residence: 462 S. 4th Street, Suite 2000, Louisville, KY 40202
(c)	Citizenship: US -- State of Delaware
(d)	Title of class of securities: Common Stock
(e)	CUSIP No.: 24665A103
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 2,523,176
(b)	Percent of class: 4.2 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 2,200,981
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 2,523,176
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Ownership of 5 percent or less of a class
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

River Road Asset Management, LLC

Signature:	Meagan N. Snyder
Name/Title:	CCO
Date:	12/05/2025

FAQ

What ownership stake does River Road Asset Management report in Delek US Holdings (DK)?

River Road Asset Management reports beneficial ownership of 2,523,176 shares of Delek US Holdings common stock, representing 4.2% of the class.

Does River Road Asset Management have voting control over its Delek US (DK) shares?

River Road Asset Management has sole voting power over 2,200,981 shares and no shared voting power in Delek US Holdings.

How many Delek US (DK) shares can River Road Asset Management dispose of?

River Road Asset Management has sole dispositive power over 2,523,176 Delek US Holdings shares and reports no shared dispositive power.

Is River Road Asset Management’s Delek US (DK) position passive or activist?

River Road certifies that the Delek US Holdings shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the company.

What type of reporting person is River Road Asset Management in this Delek US (DK) filing?

River Road Asset Management is classified as an investment adviser (IA) under the Schedule 13G/A reporting categories.

Why is this Delek US (DK) Schedule 13G/A labeled Amendment No. 1?

The filing is marked Amendment No. 1, indicating it updates a prior Schedule 13G relating to River Road Asset Management’s holdings in Delek US Holdings.