Liberty Latin America Class A
LILA
135 hedge funds and large institutions have $810M invested in Liberty Latin America Class A in 2018 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 35 increasing their positions, 36 reducing their positions, and 23 closing their positions.
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
10% more capital invested
Capital invested by funds: $733M → $810M (+$76.4M)
0.84% more ownership
Funds ownership: 123.62% → 124.46% (+0.84%)
3% less repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 36
4% less funds holding
Funds holding: 140 → 135 (-5)
22% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 23
77% less call options, than puts
Call options by funds: $567K | Put options by funds: $2.42M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
PenderFund Capital Management
Vancouver,
British Columbia, Canada
|
+$13M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$7.13M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$4.06M |
| 4 |
ClearBridge Investments
New York
|
+$3.86M |
| 5 |
ISL
Ingalls & Snyder LLC
New York
|
+$2.24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTCM
First Trust Capital Management
Chicago,
Illinois
|
-$9.05M |
| 2 |
GAM
Genesis Asset Managers
Guernsey, Channel Islands,
United Kingdom
|
-$8.07M |
| 3 |
WHRC
W.H. Reaves & Co
Jersey City,
New Jersey
|
-$2.93M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$2.09M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$1.95M |
LILA Hedge Fund Activity: Q3 2018 in Review
135 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in Liberty Latin America Class A (LILA) for Q3 2018, worth a combined $810M — up 10% from $733M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of LILA and 18 opened new positions — a net loss of 5 holders — while 36 trimmed existing stakes and 35 added.
The largest buyer was PenderFund Capital Management, opening a new position worth an estimated $13M. The largest seller was First Trust Capital Management, exiting entirely with an estimated $9.05M sold.
- 135 institutional investors held Liberty Latin America Class A (LILA) as of Q3 2018, down from 140 in Q2 2018.
- Funds reported $810M of Liberty Latin America Class A stock for Q3 2018, up 10% quarter-over-quarter.
- 18 funds opened new Liberty Latin America Class A positions in Q3 2018 and 23 closed out, a net change of -5 holders.
- The largest Liberty Latin America Class A buyer in Q3 2018 was PenderFund Capital Management, an estimated $13M added.
- The largest Liberty Latin America Class A seller in Q3 2018 was First Trust Capital Management, an estimated $9.05M sold.
Based on aggregated 13F filings for Q3 2018.