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VLRS

Controladora Vuela Compania de Aviacion

51 hedge funds and large institutions have $234M invested in Controladora Vuela Compania de Aviacion in 2018 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 14 increasing their positions, 15 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.18% more ownership

Funds ownership: 19.23%19.41% (+0.18%)

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

7% less repeat investments, than reductions

Existing positions increased: 14 | Existing positions reduced: 15

14% less funds holding

Funds holding: 5951 (-8)

34% less capital invested

Capital invested by funds: $354M → $234M (-$120M)

43% less first-time investments, than exits

New positions opened: 8 | Existing positions closed: 14

Holders
51
Holders Change
-8
Holders Change %
-13.56%
% of All Funds
1.17%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.07%
New
8
Increased
14
Reduced
15
Closed
14
Calls
$111K
Puts
Net Calls
+$111K
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
ILM
1
Indigo Latam Management
Arizona
$70.8M
II
2
INCA Investments
Florida
$43.5M +$6.99M +1,122,500 +18%
Harris Associates
3
Harris Associates
Illinois
$25.4M +$918K +147,500 +3%
TCA
4
Teewinot Capital Advisers
New York
$22.3M +$8.03M +1,288,957 +42%
FCM
5
Frontier Capital Management
Massachusetts
$18.1M -$612K -98,256 -3%
Bank of America
6
Bank of America
North Carolina
$16.8M +$20.5M +3,293,693 +86,859%
TM
7
Tiger Management
New York
$13.8M +$791K +126,998 +5%
HCM
8
Hodges Capital Management
Texas
$5.33M -$2.97M -477,368 -31%
PCM
9
PAR Capital Management
Massachusetts
$3.58M +$467K +75,000 +12%
Dimensional Fund Advisors
10
Dimensional Fund Advisors
Texas
$3.1M -$8.09K -1,300 -0.2%
Invesco
11
Invesco
Georgia
$2.6M +$1.09M +174,367 +52%
SC
12
Sagil Capital
United Kingdom
$1.57M
EMR
13
Errol M. Rudman
$1.08M
PI
14
Putnam Investments
Massachusetts
$932K -$126K -20,300 -10%
Primecap Management
15
Primecap Management
California
$721K
Morgan Stanley
16
Morgan Stanley
New York
$644K -$7.05M -1,132,236 -90%
BCM
17
Baltimore Capital Management
Maryland
$545K -$136K -21,900 -17%
OC
18
Oppenheimer & Co
New York
$329K -$156K -25,000 -28%
AR
19
Advisory Research
Illinois
$293K
FMT
20
First Mercantile Trust
Tennessee
$284K -$16K -2,573 -4%
JP Morgan Chase
21
JP Morgan Chase
New York
$272K +$229K +36,844 +222%
Susquehanna International Group
22
Susquehanna International Group
Pennsylvania
$221K +$49.4K +7,934 +22%
NCM
23
Newfoundland Capital Management
Brazil
$203K
HCM
24
Highbridge Capital Management
New York
$188K +$230K +37,015 New
Royal Bank of Canada
25
Royal Bank of Canada
Ontario, Canada
$170K +$129K +20,743 +161%

VLRS Hedge Fund Activity: Q2 2018 in Review

51 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Controladora Vuela Compania de Aviacion (VLRS) for Q2 2018, worth a combined $234M — down 34% from $354M a quarter earlier.

Sellers outnumbered buyers: 14 funds closed out of VLRS and 8 opened new positions — a net loss of 6 holders — while 15 trimmed existing stakes and 14 added.

The largest buyer was Bank of America, adding an estimated $20.5M. The largest seller was Discovery Capital Management, exiting entirely with an estimated $11.7M sold.

  • 51 institutional investors held Controladora Vuela Compania de Aviacion (VLRS) as of Q2 2018, down from 59 in Q1 2018.
  • Funds reported $234M of Controladora Vuela Compania de Aviacion stock for Q2 2018, down 34% quarter-over-quarter.
  • 8 funds opened new Controladora Vuela Compania de Aviacion positions in Q2 2018 and 14 closed out, a net change of -6 holders.
  • The largest Controladora Vuela Compania de Aviacion buyer in Q2 2018 was Bank of America, an estimated $20.5M added.
  • The largest Controladora Vuela Compania de Aviacion seller in Q2 2018 was Discovery Capital Management, an estimated $11.7M sold.

Based on aggregated 13F filings for Q2 2018.