LATAM Airlines Group S.A American Depositary Shares (Each representing 1 Common Share)
LTM
LTM was delisted on the 9th of June, 2020.
66 hedge funds and large institutions have $289M invested in LATAM Airlines Group S.A American Depositary Shares (Each representing 1 Common Share) in 2017 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 21 increasing their positions, 19 reducing their positions, and 14 closing their positions.
15% more capital invested
Capital invested by funds: $250M → $289M (+$38.7M)
11% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 19
7% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 14
4% less funds holding
Funds holding: 69 → 66 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BBP
Banco BTG Pactual
Rio De Janeiro,
Brazil
|
+$6.91M |
| 2 |
IUHSA
Itau Unibanco Holding S.A.
Sao Paulo,
Brazil
|
+$6.01M |
| 3 |
BlackRock
New York
|
+$3.11M |
| 4 |
Renaissance Technologies
New York
|
+$2.21M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPFA
Provida Pension Fund Administrator
Las Condes, Santiago,
Chile
|
-$8.13M |
| 2 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$7.08M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
-$4.75M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$3.87M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$2.23M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
SG Americas Securities
New York
| – | -$145K | -13,122 | Closed |
|
77
Barclays
London,
United Kingdom
| – | -$103K | -9,364 | Closed |
|
|
QT
78
Quantbot Technologies
New York
| – | -$67K | -6,109 | Closed |
|
|
IA
79
IFP Advisors
Tampa,
Florida
| – | -$3K | -282 | Closed |
|
80
Wells Fargo
San Francisco,
California
| – | +$12 | +1 | New |
|
LTM Hedge Fund Activity: Q3 2017 in Review
66 of the 4,011 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 Q3 2017, worth a combined $289M — up 15% from $250M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of LTM and 13 opened new positions — a net loss of 1 holder — while 19 trimmed existing stakes and 21 added.
The largest buyer was Banco BTG Pactual, opening a new position worth an estimated $6.91M. The largest seller was Provida Pension Fund Administrator, cutting an estimated $8.13M.
- 66 institutional investors held LATAM Airlines Group S.A American Depositary Shares (Each representing 1 Common Share) (LTM) as of Q3 2017, down from 69 in Q2 2017.
- Funds reported $289M of LATAM Airlines Group S.A American Depositary Shares (Each representing 1 Common Share) stock for Q3 2017, up 15% quarter-over-quarter.
- 13 funds opened new LATAM Airlines Group S.A American Depositary Shares (Each representing 1 Common Share) positions in Q3 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 Q3 2017 was Banco BTG Pactual, an estimated $6.91M added.
- The largest LATAM Airlines Group S.A American Depositary Shares (Each representing 1 Common Share) seller in Q3 2017 was Provida Pension Fund Administrator, an estimated $8.13M sold.
Based on aggregated 13F filings for Q3 2017.