LATAM Airlines Group S.A American Depositary Shares (Each representing 1 Common Share)

LTM

LTM Hedge Fund Activity: Q1 2016 in Review

71 of the 3,753 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 2016, worth a combined $148M — down 9.9% from $164M a quarter earlier.

Buyers outnumbered sellers: 15 funds opened new LTM positions and 5 closed out — a net gain of 10 holders — while 25 added to existing stakes and 19 trimmed.

The largest buyer was Provida Pension Fund Administrator, adding an estimated $17M. The largest seller was AQR Capital Management, cutting an estimated $3.53M.

• 71 institutional investors held LATAM Airlines Group S.A American Depositary Shares (Each representing 1 Common Share) (LTM) as of Q1 2016, up from 61 in Q4 2015.
• Funds reported $148M of LATAM Airlines Group S.A American Depositary Shares (Each representing 1 Common Share) stock for Q1 2016, down 9.9% quarter-over-quarter.
• 15 funds opened new LATAM Airlines Group S.A American Depositary Shares (Each representing 1 Common Share) positions in Q1 2016 and 5 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 Q1 2016 was Provida Pension Fund Administrator, an estimated $17M added.
• The largest LATAM Airlines Group S.A American Depositary Shares (Each representing 1 Common Share) seller in Q1 2016 was AQR Capital Management, an estimated $3.53M sold.

Based on aggregated 13F filings for Q1 2016.