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VLRS

Controladora Vuela Compania de Aviacion

68 hedge funds and large institutions have $377M invested in Controladora Vuela Compania de Aviacion in 2017 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 17 increasing their positions, 24 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.23% more ownership

Funds ownership: 19.41%19.65% (+0.23%)

3% less funds holding

Funds holding: 7068 (-2)

12% less first-time investments, than exits

New positions opened: 15 | Existing positions closed: 17

24% less call options, than puts

Call options by funds: $113K | Put options by funds: $148K

25% less funds holding in top 10

Funds holding in top 10: 43 (-1)

29% less repeat investments, than reductions

Existing positions increased: 17 | Existing positions reduced: 24

29% less capital invested

Capital invested by funds: $534M → $377M (-$157M)

Holders
68
Holders Change
-2
Holders Change %
-2.86%
% of All Funds
1.54%
Holding in Top 10
3
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-25%
% of All Funds
0.07%
New
15
Increased
17
Reduced
24
Closed
17
Calls
$113K
Puts
$148K
Net Calls
-$35K
Net Calls Change
+$798K
Name Holding Trade Value Shares
Change
Change in
Stake
ILM
1
Indigo Latam Management
Arizona
$112M
II
2
INCA Investments
Florida
$47.7M -$1.11M -111,765 -2%
Harris Associates
3
Harris Associates
Illinois
$34.6M +$34.9M +3,518,889 +442%
FCM
4
Frontier Capital Management
Massachusetts
$29.5M +$10.6M +1,071,579 +41%
DCM
5
Discovery Capital Management
Connecticut
$27.3M -$660K -66,458 -2%
Morgan Stanley
6
Morgan Stanley
New York
$25.2M -$2.94M -295,738 -9%
TM
7
Tiger Management
New York
$20.8M +$15.3M +1,542,791 +147%
TCA
8
Teewinot Capital Advisers
New York
$18.2M +$10.4M +1,050,007 +86%
HCM
9
Hodges Capital Management
Texas
$13.9M -$6.24M -629,062 -27%
Bank of New York Mellon
10
Bank of New York Mellon
New York
$5.02M -$1.75M -176,431 -22%
Dimensional Fund Advisors
11
Dimensional Fund Advisors
Texas
$4.89M
Deutsche Bank
12
Deutsche Bank
Germany
$4.42M -$2.56M -258,217 -32%
CS
13
Credit Suisse
Switzerland
$3.39M -$739K -74,496 -15%
PCM
14
PAR Capital Management
Massachusetts
$3.39M +$4.2M +423,100 New
Ameriprise
15
Ameriprise
Minnesota
$3.14M -$10.2M -1,023,376 -72%
SC
16
Sagil Capital
United Kingdom
$2.48M +$3.07M +309,524 New
Invesco
17
Invesco
Georgia
$2.27M +$1.81M +182,250 +181%
UCFA
18
United Capital Financial Advisors
Texas
$1.91M +$341K +34,404 +17%
RG
19
Renaissance Group
Kentucky
$1.91M -$8.35M -841,225 -78%
Envestnet Asset Management
20
Envestnet Asset Management
Illinois
$1.9M +$320K +32,259 +16%
Bank of America
21
Bank of America
North Carolina
$1.78M -$1.95M -196,791 -47%
Boston Partners
22
Boston Partners
Massachusetts
$1.66M
Primecap Management
23
Primecap Management
California
$1.14M
BCM
24
Baltimore Capital Management
Maryland
$1.03M -$54.1K -5,450 -4%
JP Morgan Chase
25
JP Morgan Chase
New York
$835K +$623K +62,742 +152%

VLRS Hedge Fund Activity: Q4 2017 in Review

68 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Controladora Vuela Compania de Aviacion (VLRS) for Q4 2017, worth a combined $377M — down 29% from $534M a quarter earlier.

Sellers outnumbered buyers: 17 funds closed out of VLRS and 15 opened new positions — a net loss of 2 holders — while 24 trimmed existing stakes and 17 added.

The largest buyer was Harris Associates, adding an estimated $34.9M. The largest seller was Thornburg Investment Management, exiting entirely with an estimated $10.2M sold.

  • 68 institutional investors held Controladora Vuela Compania de Aviacion (VLRS) as of Q4 2017, down from 70 in Q3 2017.
  • Funds reported $377M of Controladora Vuela Compania de Aviacion stock for Q4 2017, down 29% quarter-over-quarter.
  • 15 funds opened new Controladora Vuela Compania de Aviacion positions in Q4 2017 and 17 closed out, a net change of -2 holders.
  • The largest Controladora Vuela Compania de Aviacion buyer in Q4 2017 was Harris Associates, an estimated $34.9M added.
  • The largest Controladora Vuela Compania de Aviacion seller in Q4 2017 was Thornburg Investment Management, an estimated $10.2M sold.

Based on aggregated 13F filings for Q4 2017.