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 $123M invested in LATAM Airlines Group S.A American Depositary Shares (Each representing 1 Common Share) in 2019 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 19 increasing their positions, 24 reducing their positions, and 16 closing their positions.
13% less funds holding
Funds holding: 76 → 66 (-10)
21% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 24
32% less capital invested
Capital invested by funds: $180M → $123M (-$57.7M)
63% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BBP
Banco BTG Pactual
Rio De Janeiro,
Brazil
|
+$2.75M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$1.61M |
| 3 |
Renaissance Technologies
New York
|
+$754K |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$523K |
| 5 |
CCM
Crestwood Capital Management
New York
|
+$513K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPFA
Provida Pension Fund Administrator
Las Condes, Santiago,
Chile
|
-$38.4M |
| 2 |
Charles Schwab
San Francisco,
California
|
-$3.95M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$1.42M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$1.31M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$959K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CAM
76
Cresset Asset Management
Chicago,
Illinois
| – | -$6K | -607 | Closed |
|
|
WCM
77
WealthBridge Capital Management
Westerville,
Ohio
| – | -$2K | -258 | Closed |
|
|
FCA
78
FinTrust Capital Advisors
Greenville,
South Carolina
| – | -$2K | -150 | Closed |
|
|
AC
79
Avestar Capital
New York
| – | -$538 | -56 | -54% |
|
|
WAM
80
Wealthspire Advisors (Maryland)
Potomac,
Maryland
| – | -$1K | -54 | Closed |
|
81
Wells Fargo
San Francisco,
California
| – | +$10 | +1 | New |
|
LTM Hedge Fund Activity: Q2 2019 in Review
66 of the 4,604 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 2019, worth a combined $123M — down 32% from $180M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of LTM and 6 opened new positions — a net loss of 10 holders — while 24 trimmed existing stakes and 19 added.
The largest buyer was Banco BTG Pactual, adding an estimated $2.75M. The largest seller was Provida Pension Fund Administrator, exiting entirely with an estimated $38.4M sold.
- 66 institutional investors held LATAM Airlines Group S.A American Depositary Shares (Each representing 1 Common Share) (LTM) as of Q2 2019, down from 76 in Q1 2019.
- Funds reported $123M of LATAM Airlines Group S.A American Depositary Shares (Each representing 1 Common Share) stock for Q2 2019, down 32% quarter-over-quarter.
- 6 funds opened new LATAM Airlines Group S.A American Depositary Shares (Each representing 1 Common Share) positions in Q2 2019 and 16 closed out, a net change of -10 holders.
- The largest LATAM Airlines Group S.A American Depositary Shares (Each representing 1 Common Share) buyer in Q2 2019 was Banco BTG Pactual, an estimated $2.75M added.
- The largest LATAM Airlines Group S.A American Depositary Shares (Each representing 1 Common Share) seller in Q2 2019 was Provida Pension Fund Administrator, an estimated $38.4M sold.
Based on aggregated 13F filings for Q2 2019.