Liberty Latin America Class A
LILA
138 hedge funds and large institutions have $525M invested in Liberty Latin America Class A in 2018 Q4 according to their latest regulatory filings, with 25 funds opening new positions, 31 increasing their positions, 45 reducing their positions, and 21 closing their positions.
19% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 21
2% more funds holding
Funds holding: 135 → 138 (+3)
7.81% less ownership
Funds ownership: 124.46% → 116.65% (-7.8%)
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
31% less repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 45
35% less capital invested
Capital invested by funds: $810M → $525M (-$284M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Ashe Capital Management
Englewood Cliffs,
New Jersey
|
+$32.8M |
| 2 |
LWCA
Locust Wood Capital Advisers
New York
|
+$14.5M |
| 3 |
Marshall Wace
London,
United Kingdom
|
+$12.2M |
| 4 |
JP Morgan Chase
New York
|
+$7.64M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$5.65M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dodge & Cox
San Francisco,
California
|
-$89.4M |
| 2 |
PCM
PenderFund Capital Management
Vancouver,
British Columbia, Canada
|
-$10.6M |
| 3 |
O
OppenheimerFunds
New York
|
-$8.28M |
| 4 |
GAM
Genesis Asset Managers
Guernsey, Channel Islands,
United Kingdom
|
-$8.24M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$4.29M |
LILA Hedge Fund Activity: Q4 2018 in Review
138 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in Liberty Latin America Class A (LILA) for Q4 2018, worth a combined $525M — down 35% from $810M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new LILA positions and 21 closed out — a net gain of 4 holders — while 31 added to existing stakes and 45 trimmed.
The largest buyer was Ashe Capital Management, adding an estimated $32.8M. The largest seller was Dodge & Cox, cutting an estimated $89.4M.
- 138 institutional investors held Liberty Latin America Class A (LILA) as of Q4 2018, up from 135 in Q3 2018.
- Funds reported $525M of Liberty Latin America Class A stock for Q4 2018, down 35% quarter-over-quarter.
- 25 funds opened new Liberty Latin America Class A positions in Q4 2018 and 21 closed out, a net change of +4 holders.
- The largest Liberty Latin America Class A buyer in Q4 2018 was Ashe Capital Management, an estimated $32.8M added.
- The largest Liberty Latin America Class A seller in Q4 2018 was Dodge & Cox, an estimated $89.4M sold.
Based on aggregated 13F filings for Q4 2018.