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VLRS

Controladora Vuela Compania de Aviacion

49 hedge funds and large institutions have $416M invested in Controladora Vuela Compania de Aviacion in 2019 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 12 increasing their positions, 10 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

70% more first-time investments, than exits

New positions opened: 17 | Existing positions closed: 10

61% more capital invested

Capital invested by funds: $258M → $416M (+$157M)

20% more repeat investments, than reductions

Existing positions increased: 12 | Existing positions reduced: 10

17% more funds holding

Funds holding: 4249 (+7)

0.06% more ownership

Funds ownership: 19.79%19.85% (+0.06%)

0% more funds holding in top 10

Funds holding in top 10: 44 (0)

41% less call options, than puts

Call options by funds: $101K | Put options by funds: $172K

Holders
49
Holders Change
+7
Holders Change %
+16.67%
% of All Funds
1.06%
Holding in Top 10
4
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.09%
New
17
Increased
12
Reduced
10
Closed
10
Calls
$101K
Puts
$172K
Net Calls
-$71K
Net Calls Change
-$81K
Name Holding Trade Value Shares
Change
Change in
Stake
ILM
1
Indigo Latam Management
Arizona
$119M
Harris Associates
2
Harris Associates
Illinois
$59.5M -$1.7M -215,300 -3%
II
3
INCA Investments
Florida
$57.3M -$22.7M -2,881,501 -30%
TCA
4
Teewinot Capital Advisers
New York
$40.1M
FCM
5
Frontier Capital Management
Massachusetts
$32.7M -$2.02M -256,340 -6%
Morgan Stanley
6
Morgan Stanley
New York
$19M +$17M +2,158,541 +3,241%
Bank of America
7
Bank of America
North Carolina
$18.5M -$1.14K -144 -0%
TM
8
Tiger Management
New York
$18.1M -$3.67M -465,572 -18%
DCM
9
Driehaus Capital Management
Illinois
$9.24M +$8.55M +1,084,082 New
PCM
10
PAR Capital Management
Massachusetts
$8.88M +$1.08M +137,008 +15%
Renaissance Technologies
11
Renaissance Technologies
New York
$8.53M +$3.41M +432,600 +76%
Dimensional Fund Advisors
12
Dimensional Fund Advisors
Texas
$6.63M +$702 +89 +0%
PG
13
Pendal Group
Australia
$2.24M +$1M +127,307 +94%
Deutsche Bank
14
Deutsche Bank
Germany
$1.81M +$777K +98,599 +86%
Millennium Management
15
Millennium Management
New York
$1.66M -$605K -76,781 -28%
Northern Trust
16
Northern Trust
Illinois
$1.58M +$499K +63,330 +52%
BJL
17
Brighton Jones LLC
Washington
$1.3M +$1.2M +152,423 New
Primecap Management
18
Primecap Management
California
$1.13M -$70.2K -8,900 -6%
HighTower Advisors
19
HighTower Advisors
Illinois
$1.1M +$1.01M +127,894 New
Invesco
20
Invesco
Georgia
$972K +$23.4K +2,973 +3%
CCM
21
Crestwood Capital Management
New York
$961K +$889K +112,739 New
EMR
22
Errol M. Rudman
$850K
RG
23
Renaissance Group
Kentucky
$714K +$661K +83,783 New
JP Morgan Chase
24
JP Morgan Chase
New York
$689K +$622K +78,836 +3,942%
PPA
25
Parametric Portfolio Associates
Washington
$628K +$581K +73,681 New

VLRS Hedge Fund Activity: Q1 2019 in Review

49 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Controladora Vuela Compania de Aviacion (VLRS) for Q1 2019, worth a combined $416M — up 61% from $258M a quarter earlier.

Buyers outnumbered sellers: 17 funds opened new VLRS positions and 10 closed out — a net gain of 7 holders — while 12 added to existing stakes and 10 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $17M. The largest seller was INCA Investments, cutting an estimated $22.7M.

  • 49 institutional investors held Controladora Vuela Compania de Aviacion (VLRS) as of Q1 2019, up from 42 in Q4 2018.
  • Funds reported $416M of Controladora Vuela Compania de Aviacion stock for Q1 2019, up 61% quarter-over-quarter.
  • 17 funds opened new Controladora Vuela Compania de Aviacion positions in Q1 2019 and 10 closed out, a net change of +7 holders.
  • The largest Controladora Vuela Compania de Aviacion buyer in Q1 2019 was Morgan Stanley, an estimated $17M added.
  • The largest Controladora Vuela Compania de Aviacion seller in Q1 2019 was INCA Investments, an estimated $22.7M sold.

Based on aggregated 13F filings for Q1 2019.