Liberty Latin America Class A
LILA
134 hedge funds and large institutions have $337M invested in Liberty Latin America Class A in 2016 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 32 increasing their positions, 56 reducing their positions, and 30 closing their positions.
15% less funds holding
Funds holding: 157 → 134 (-23)
17% less capital invested
Capital invested by funds: $406M → $337M (-$68.7M)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
43% less repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 56
70% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 30
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State of Wisconsin Investment Board
Madison,
Wisconsin
|
+$11.6M |
| 2 |
IL
Investure LLC
Charlottesville,
Virginia
|
+$7.18M |
| 3 |
NMVA
New Mountain Vantage Advisers
New York
|
+$5.71M |
| 4 |
CC
CQS Cayman
Camana Bay, Grand Cayman,
Cayman Islands
|
+$2.41M |
| 5 |
Renaissance Technologies
New York
|
+$2.14M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCM
Gruss Capital Management
New York
|
-$14.2M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
-$9.87M |
| 3 |
TI
Tyrian Investments
New York
|
-$2.64M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$2.48M |
| 5 |
SFM
Soros Fund Management
New York
|
-$1.96M |
LILA Hedge Fund Activity: Q1 2016 in Review
134 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Liberty Latin America Class A (LILA) for Q1 2016, worth a combined $337M — down 17% from $406M a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of LILA and 9 opened new positions — a net loss of 21 holders — while 56 trimmed existing stakes and 32 added.
The largest buyer was State of Wisconsin Investment Board, adding an estimated $11.6M. The largest seller was Gruss Capital Management, exiting entirely with an estimated $14.2M sold.
- 134 institutional investors held Liberty Latin America Class A (LILA) as of Q1 2016, down from 157 in Q4 2015.
- Funds reported $337M of Liberty Latin America Class A stock for Q1 2016, down 17% quarter-over-quarter.
- 9 funds opened new Liberty Latin America Class A positions in Q1 2016 and 30 closed out, a net change of -21 holders.
- The largest Liberty Latin America Class A buyer in Q1 2016 was State of Wisconsin Investment Board, an estimated $11.6M added.
- The largest Liberty Latin America Class A seller in Q1 2016 was Gruss Capital Management, an estimated $14.2M sold.
Based on aggregated 13F filings for Q1 2016.