LATAM Airlines Group S.A American Depositary Shares (Each representing 1 Common Share)

LTM

LTM Hedge Fund Activity: Q1 2015 in Review

76 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in LATAM Airlines Group S.A American Depositary Shares (Each representing 1 Common Share) (LTM) for Q1 2015, worth a combined $295M — down 34% from $445M a quarter earlier.

Buyers outnumbered sellers: 12 funds opened new LTM positions and 7 closed out — a net gain of 5 holders — while 27 added to existing stakes and 23 trimmed.

The largest buyer was Credit Suisse, adding an estimated $24.3M. The largest seller was Baillie Gifford & Co, cutting an estimated $31.6M.

• 76 institutional investors held LATAM Airlines Group S.A American Depositary Shares (Each representing 1 Common Share) (LTM) as of Q1 2015, up from 71 in Q4 2014.
• Funds reported $295M of LATAM Airlines Group S.A American Depositary Shares (Each representing 1 Common Share) stock for Q1 2015, down 34% quarter-over-quarter.
• 12 funds opened new LATAM Airlines Group S.A American Depositary Shares (Each representing 1 Common Share) positions in Q1 2015 and 7 closed out, a net change of +5 holders.
• The largest LATAM Airlines Group S.A American Depositary Shares (Each representing 1 Common Share) buyer in Q1 2015 was Credit Suisse, an estimated $24.3M added.
• The largest LATAM Airlines Group S.A American Depositary Shares (Each representing 1 Common Share) seller in Q1 2015 was Baillie Gifford & Co, an estimated $31.6M sold.

Based on aggregated 13F filings for Q1 2015.