LATAM Airlines Group S.A American Depositary Shares (Each representing 1 Common Share)
LTM
LTM was delisted on the 9th of June, 2020.
80 hedge funds and large institutions have $186M invested in LATAM Airlines Group S.A American Depositary Shares (Each representing 1 Common Share) in 2019 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 21 increasing their positions, 24 reducing their positions, and 7 closing their positions.
200% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 7
52% more capital invested
Capital invested by funds: $123M → $186M (+$63.4M)
21% more funds holding
Funds holding: 66 → 80 (+14)
13% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 24
100% less call options, than puts
Call options by funds: $5K | Put options by funds: $1.77M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPFA
Provida Pension Fund Administrator
Las Condes, Santiago,
Chile
|
+$16.7M |
| 2 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$4.86M |
| 3 |
BS
Banco Santander
Madrid,
Spain
|
+$3.53M |
| 4 |
Millennium Management
New York
|
+$3.44M |
| 5 |
BlackRock
New York
|
+$3.05M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BBP
Banco BTG Pactual
Rio De Janeiro,
Brazil
|
-$2.48M |
| 2 |
Northern Trust
Chicago,
Illinois
|
-$1.72M |
| 3 |
Aberdeen Group
Edinburgh,
United Kingdom
|
-$1.57M |
| 4 |
Renaissance Technologies
New York
|
-$1.2M |
| 5 |
Goldman Sachs
New York
|
-$934K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
UBS AM
Chicago,
Illinois
| $2.55K | +$2.12K | +230 | New |
|
77
Fidelity Investments
Boston,
Massachusetts
| $2K | -$1.78K | -193 | -50% |
|
|
BCA
78
Berman Capital Advisors
Atlanta,
Georgia
| $1K | – | – | – |
|
|
PWMG
79
Prestige Wealth Management Group
Flemington,
New Jersey
| $1K | +$1.02K | +111 | New |
|
|
GT
80
Glenmede Trust
Philadelphia,
Pennsylvania
| $9 | – | – | – |
|
|
ARTA
81
A.R.T. Advisors
New York
| – | -$109K | -11,619 | Closed |
|
|
HJGA
82
Hardman Johnston Global Advisors
Stamford,
Connecticut
| – | -$104K | -11,130 | Closed |
|
83
Barclays
London,
United Kingdom
| – | -$66K | -7,105 | Closed |
|
|
TRCT
84
Tower Research Capital (TRC)
New York
| – | -$45K | -4,801 | Closed |
|
|
W
85
WealthStone
Columbus,
Ohio
| – | -$468 | -50 | Closed |
|
86
Wells Fargo
San Francisco,
California
| – | -$9 | -1 | Closed |
|
LTM Hedge Fund Activity: Q3 2019 in Review
80 of the 4,560 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 2019, worth a combined $186M — up 52% from $123M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new LTM positions and 7 closed out — a net gain of 14 holders — while 21 added to existing stakes and 24 trimmed.
The largest buyer was Provida Pension Fund Administrator, opening a new position worth an estimated $16.7M. The largest seller was Banco BTG Pactual, cutting an estimated $2.48M.
- 80 institutional investors held LATAM Airlines Group S.A American Depositary Shares (Each representing 1 Common Share) (LTM) as of Q3 2019, up from 66 in Q2 2019.
- Funds reported $186M of LATAM Airlines Group S.A American Depositary Shares (Each representing 1 Common Share) stock for Q3 2019, up 52% quarter-over-quarter.
- 21 funds opened new LATAM Airlines Group S.A American Depositary Shares (Each representing 1 Common Share) positions in Q3 2019 and 7 closed out, a net change of +14 holders.
- The largest LATAM Airlines Group S.A American Depositary Shares (Each representing 1 Common Share) buyer in Q3 2019 was Provida Pension Fund Administrator, an estimated $16.7M added.
- The largest LATAM Airlines Group S.A American Depositary Shares (Each representing 1 Common Share) seller in Q3 2019 was Banco BTG Pactual, an estimated $2.48M sold.
Based on aggregated 13F filings for Q3 2019.