LATAM Airlines Group S.A American Depositary Shares (Each representing 1 Common Share)
LTM
LTM was delisted on the 9th of June, 2020.
73 hedge funds and large institutions have $275M invested in LATAM Airlines Group S.A American Depositary Shares (Each representing 1 Common Share) in 2017 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 34 increasing their positions, 11 reducing their positions, and 14 closing their positions.
209% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 11
92% more capital invested
Capital invested by funds: $143M → $275M (+$132M)
7% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 14
4% less funds holding
Funds holding: 76 → 73 (-3)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPFA
Provida Pension Fund Administrator
Las Condes, Santiago,
Chile
|
+$35.9M |
| 2 |
BlackRock
New York
|
+$21.3M |
| 3 |
IUHSA
Itau Unibanco Holding S.A.
Sao Paulo,
Brazil
|
+$4.76M |
| 4 |
Renaissance Technologies
New York
|
+$4.47M |
| 5 |
Millennium Management
New York
|
+$4.13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$7.66M |
| 2 |
BBP
Banco BTG Pactual
Rio De Janeiro,
Brazil
|
-$4.37M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
-$2.45M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
-$1.86M |
| 5 |
Jane Street
New York
|
-$949K |
LTM Hedge Fund Activity: Q1 2017 in Review
73 of the 4,017 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 2017, worth a combined $275M — up 92% from $143M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of LTM and 13 opened new positions — a net loss of 1 holder — while 11 trimmed existing stakes and 34 added.
The largest buyer was Provida Pension Fund Administrator, opening a new position worth an estimated $35.9M. The largest seller was Wells Fargo, exiting entirely with an estimated $7.66M sold.
- 73 institutional investors held LATAM Airlines Group S.A American Depositary Shares (Each representing 1 Common Share) (LTM) as of Q1 2017, down from 76 in Q4 2016.
- Funds reported $275M of LATAM Airlines Group S.A American Depositary Shares (Each representing 1 Common Share) stock for Q1 2017, up 92% quarter-over-quarter.
- 13 funds opened new LATAM Airlines Group S.A American Depositary Shares (Each representing 1 Common Share) positions in Q1 2017 and 14 closed out, a net change of -1 holder.
- The largest LATAM Airlines Group S.A American Depositary Shares (Each representing 1 Common Share) buyer in Q1 2017 was Provida Pension Fund Administrator, an estimated $35.9M added.
- The largest LATAM Airlines Group S.A American Depositary Shares (Each representing 1 Common Share) seller in Q1 2017 was Wells Fargo, an estimated $7.66M sold.
Based on aggregated 13F filings for Q1 2017.