LATAM Airlines Group S.A American Depositary Shares (Each representing 1 Common Share)
LTM
LTM was delisted on the 9th of June, 2020.
83 hedge funds and large institutions have $191M invested in LATAM Airlines Group S.A American Depositary Shares (Each representing 1 Common Share) in 2019 Q4 according to their latest regulatory filings, with 24 funds opening new positions, 24 increasing their positions, 22 reducing their positions, and 20 closing their positions.
20% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 20
4% more funds holding
Funds holding: 80 → 83 (+3)
9% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 22
2% more capital invested
Capital invested by funds: $186M → $191M (+$4.29M)
55% less call options, than puts
Call options by funds: $3.55M | Put options by funds: $7.94M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IUHSA
Itau Unibanco Holding S.A.
Sao Paulo,
Brazil
|
+$10.5M |
| 2 |
NCM
Newfoundland Capital Management
Sao Paulo,
Brazil
|
+$10.3M |
| 3 |
FIA
FNY Investment Advisers
New York
|
+$3.9M |
| 4 |
Renaissance Technologies
New York
|
+$3.49M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$3.28M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BS
Banco Santander
Madrid,
Spain
|
-$7.83M |
| 2 |
BlackRock
New York
|
-$5.54M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
-$2.34M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$2.06M |
| 5 |
Schroder Investment Management Group
London,
United Kingdom
|
-$2.02M |
LTM Hedge Fund Activity: Q4 2019 in Review
83 of the 5,092 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 Q4 2019, worth a combined $191M — up 2.3% from $186M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new LTM positions and 20 closed out — a net gain of 4 holders — while 24 added to existing stakes and 22 trimmed.
The largest buyer was Itau Unibanco Holding S.A., opening a new position worth an estimated $10.5M. The largest seller was Banco Santander, exiting entirely with an estimated $7.83M sold.
- 83 institutional investors held LATAM Airlines Group S.A American Depositary Shares (Each representing 1 Common Share) (LTM) as of Q4 2019, up from 80 in Q3 2019.
- Funds reported $191M of LATAM Airlines Group S.A American Depositary Shares (Each representing 1 Common Share) stock for Q4 2019, up 2.3% quarter-over-quarter.
- 24 funds opened new LATAM Airlines Group S.A American Depositary Shares (Each representing 1 Common Share) positions in Q4 2019 and 20 closed out, a net change of +4 holders.
- The largest LATAM Airlines Group S.A American Depositary Shares (Each representing 1 Common Share) buyer in Q4 2019 was Itau Unibanco Holding S.A., an estimated $10.5M added.
- The largest LATAM Airlines Group S.A American Depositary Shares (Each representing 1 Common Share) seller in Q4 2019 was Banco Santander, an estimated $7.83M sold.
Based on aggregated 13F filings for Q4 2019.