LATAM Airlines Group S.A American Depositary Shares (Each representing 1 Common Share)
LTM
LTM was delisted on the 9th of June, 2020.
76 hedge funds and large institutions have $180M invested in LATAM Airlines Group S.A American Depositary Shares (Each representing 1 Common Share) in 2019 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 24 increasing their positions, 19 reducing their positions, and 15 closing their positions.
26% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 19
11% more capital invested
Capital invested by funds: $163M → $180M (+$17.9M)
3% less funds holding
Funds holding: 78 → 76 (-2)
13% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 15
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $6K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPFA
Provida Pension Fund Administrator
Las Condes, Santiago,
Chile
|
+$20.9M |
| 2 |
Renaissance Technologies
New York
|
+$3.21M |
| 3 |
BlackRock
New York
|
+$3.02M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.01M |
| 5 |
CCM
Crestwood Capital Management
New York
|
+$931K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SC
Sagil Capital
London,
United Kingdom
|
-$6.27M |
| 2 |
PSCM
Prince Street Capital Management
New York
|
-$3.73M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$3.53M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
-$3.32M |
| 5 |
Goldman Sachs
New York
|
-$955K |
LTM Hedge Fund Activity: Q1 2019 in Review
76 of the 4,620 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 2019, worth a combined $180M — up 11% from $163M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of LTM and 13 opened new positions — a net loss of 2 holders — while 19 trimmed existing stakes and 24 added.
The largest buyer was Provida Pension Fund Administrator, adding an estimated $20.9M. The largest seller was Sagil Capital, exiting entirely with an estimated $6.27M sold.
- 76 institutional investors held LATAM Airlines Group S.A American Depositary Shares (Each representing 1 Common Share) (LTM) as of Q1 2019, down from 78 in Q4 2018.
- Funds reported $180M of LATAM Airlines Group S.A American Depositary Shares (Each representing 1 Common Share) stock for Q1 2019, up 11% quarter-over-quarter.
- 13 funds opened new LATAM Airlines Group S.A American Depositary Shares (Each representing 1 Common Share) positions in Q1 2019 and 15 closed out, a net change of -2 holders.
- The largest LATAM Airlines Group S.A American Depositary Shares (Each representing 1 Common Share) buyer in Q1 2019 was Provida Pension Fund Administrator, an estimated $20.9M added.
- The largest LATAM Airlines Group S.A American Depositary Shares (Each representing 1 Common Share) seller in Q1 2019 was Sagil Capital, an estimated $6.27M sold.
Based on aggregated 13F filings for Q1 2019.