LATAM Airlines Group S.A American Depositary Shares (Each representing 1 Common Share)
LTM
LTM was delisted on the 9th of June, 2020.
64 hedge funds and large institutions have $165M invested in LATAM Airlines Group S.A American Depositary Shares (Each representing 1 Common Share) in 2018 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 18 increasing their positions, 28 reducing their positions, and 17 closing their positions.
17% less funds holding
Funds holding: 77 → 64 (-13)
36% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 28
51% less capital invested
Capital invested by funds: $339M → $165M (-$174M)
65% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$2.76M |
| 2 |
Goldman Sachs
New York
|
+$2.43M |
| 3 |
Aberdeen Group
Edinburgh,
United Kingdom
|
+$1.76M |
| 4 |
Jane Street
New York
|
+$1.14M |
| 5 |
Zurich Cantonal Bank
Zurich,
Switzerland
|
+$396K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BS
Banco Santander
Madrid,
Spain
|
-$14.6M |
| 2 |
DWA
Dorsey Wright & Associates
Pasadena,
California
|
-$12.3M |
| 3 |
PPFA
Provida Pension Fund Administrator
Las Condes, Santiago,
Chile
|
-$7.71M |
| 4 |
Renaissance Technologies
New York
|
-$7.53M |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$7.03M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HMS
76
Hanseatic Management Services
Albuquerque,
New Mexico
| – | -$25K | -1,648 | Closed |
|
|
GT
77
Glenmede Trust
Philadelphia,
Pennsylvania
| – | -$11K | -839 | Closed |
|
|
FGAM
78
Financial Gravity Asset Management
Lakeway,
Texas
| – | -$8.05K | -600 | -93% |
|
79
Parallax Volatility Advisers
San Francisco,
California
| – | -$5K | -325 | Closed |
|
|
CIP
80
Convergence Investment Partners
Palm Beach Gardens,
Florida
| – | -$5K | -304 | Closed |
|
81
Wells Fargo
San Francisco,
California
| – | +$497 | +37 | New |
|
LTM Hedge Fund Activity: Q2 2018 in Review
64 of the 4,368 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 Q2 2018, worth a combined $165M — down 51% from $339M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of LTM and 6 opened new positions — a net loss of 11 holders — while 28 trimmed existing stakes and 18 added.
The largest buyer was UBS Group, adding an estimated $2.76M. The largest seller was Banco Santander, exiting entirely with an estimated $14.6M sold.
- 64 institutional investors held LATAM Airlines Group S.A American Depositary Shares (Each representing 1 Common Share) (LTM) as of Q2 2018, down from 77 in Q1 2018.
- Funds reported $165M of LATAM Airlines Group S.A American Depositary Shares (Each representing 1 Common Share) stock for Q2 2018, down 51% quarter-over-quarter.
- 6 funds opened new LATAM Airlines Group S.A American Depositary Shares (Each representing 1 Common Share) positions in Q2 2018 and 17 closed out, a net change of -11 holders.
- The largest LATAM Airlines Group S.A American Depositary Shares (Each representing 1 Common Share) buyer in Q2 2018 was UBS Group, an estimated $2.76M added.
- The largest LATAM Airlines Group S.A American Depositary Shares (Each representing 1 Common Share) seller in Q2 2018 was Banco Santander, an estimated $14.6M sold.
Based on aggregated 13F filings for Q2 2018.