LATAM AIRLINES GROUP SA LTM
SPONSORED ADR · ADR · CUSIP 51817R205 · ISIN US51817R2058
- SectorIndustrials
- IndustryAir Transportation, Scheduled
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($359.8k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $57.85. Options: 8 managers hold calls ($14.6m notional), 7 hold puts ($15.7m).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2024 | 38 |
| Q4 2024 | 50 |
| Q1 2025 | 59 |
| Q2 2025 | 89 |
| Q3 2025 | 115 |
| Q4 2025 | 127 |
| Q1 2026 | 164 |
| Q2 2026 | 162 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2024 | 34 | 10 |
| Q1 2025 | 38 | 23 |
| Q2 2025 | 71 | 24 |
| Q3 2025 | 91 | 30 |
| Q4 2025 | 83 | 63 |
| Q1 2026 | 122 | 56 |
| Q2 2026 | 98 | 88 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $6.0m | $39.6m | 6.61 |
| Q4 2025 | $5.9m | $35.5m | 6.05 |
| Q1 2026 | $10.0m | $16.6m | 1.66 |
| Q2 2026 | $14.6m | $15.7m | 1.07 |
Biggest buyers
| Ninety One UK Ltd | New | +1.8m |
| Ninety One North America, Inc. | New | +620.1k |
| Navi International - Administradora e Gestora de Recursos Financeiros Ltda. | Added | +305.4k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | New | +249.5k |
| ADVISORY RESEARCH INC | Added | +175.5k |
| Perpetual Ltd | New | +167.7k |
| SPX Gestao de Recursos Ltda | Added | +164.7k |
| J. Goldman & Co LP | New | +163.3k |
| MACKENZIE FINANCIAL CORP | Added | +159.5k |
| Y-Intercept (Hong Kong) Ltd | New | +79.8k |
Biggest sellers
| Olympus Peak Asset Management LP | Reduced | -1.6m |
| JANE STREET GROUP, LLC | Sold out | -1.5m |
| Itau Unibanco Holding S.A. | Sold out | -863.7k |
| Robeco Institutional Asset Management B.V. | Reduced | -671.5k |
| Burkehill Global Management, LP | Sold out | -550.0k |
| Ghisallo Capital Management LLC | Sold out | -500.0k |
| Caisse de depot et placement du Quebec | Sold out | -466.3k |
| JPMORGAN CHASE & CO | Reduced | -423.6k |
| TWO SIGMA INVESTMENTS, LP | Reduced | -414.4k |
| RENAISSANCE TECHNOLOGIES LLC | Reduced | -348.8k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $5.4m93.5k shares |
| CITADEL ADVISORS LLC | Added | $2.9m49.8k shares |
| UBS Group AG | Unchanged | $1.8m31.6k shares |
| JANE STREET GROUP, LLC | Added | $1.8m31.5k shares |
| IMC-Chicago, LLC | Added | $1.8m30.2k shares |
| PEAK6 LLC | New | $681.8k11.7k shares |
| SIMPLEX TRADING, LLC | Added | $145.7k2.5k shares |
| GROUP ONE TRADING LLC | Reduced | $5.8k100 shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $4.8m82.4k shares |
| Walleye Capital LLC | Reduced | $3.2m55.0k shares |
| IMC-Chicago, LLC | Added | $3.1m53.1k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $2.9m49.4k shares |
| JANE STREET GROUP, LLC | Added | $1.6m28.3k shares |
| GROUP ONE TRADING LLC | Reduced | $29.1k500 shares |
| SIMPLEX TRADING, LLC | Reduced | $11.7k200 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
Sixth Street Partners Management Company, L.P.
13D · may seek influence
-4.2 pts · filed 2026-02-11
Stated purposeItem 4 of the Schedule 13D is hereby amended and supplemented by inserting the following text at the end thereof: Underwriting Agreement On February 9, 2026, Lauca entered into an underwriting agreement (the "Underwriting Agreement") with J.P. Morgan Securities LLC (the "Underwriter") and the Issuer. Pursuant to the Underwriting Agreement, Lauca sold to the Underwriter 12,000,000 ADS, each representing 2,000 shares of Common Stock, at a price per ADS of $61.90 (the "Offering Price" and such offering, the "Underwritten Offering"). The ADS purchased by the Underwriter were issued by JPMorgan Chase Bank, N.A. (the "Depositary") and are evidenced by ADRs pursuant to the Deposit Agreement, dated as of September 21, 2017, as amended by the first amendment, dated as of March 12, 2021, and the… Full filing |
13.2% |
Insider purchases and sales since 1 Apr 2026
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
None reported since 1 Apr 2026.
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| Newport Trust Company, LLC 0.46% of their portfolio | 3.2m $188.9m | Unchanged |
| Ninety One UK Ltd 0.24% of their portfolio | 1.8m $105.3m | New |
| MORGAN STANLEY 0.01% of their portfolio | 1.7m $101.5m | Reduced -213.1k |
| Robeco Institutional Asset Management B.V. 0.10% of their portfolio | 1.5m $84.7m | Reduced -671.5k |
| CITADEL ADVISORS LLC 0.04% of their portfolio | 1.3m $74.6m | Reduced -139.2k |
| ALLIANCEBERNSTEIN L.P. 0.02% of their portfolio | 1.2m $58.5m | Reduced -22.2k |
| SPX Gestao de Recursos Ltda 6.79% of their portfolio | 1.0m $61.0m | Added +164.7k |
| TWO SIGMA INVESTMENTS, LP 0.04% of their portfolio | 933.8k $54.4m | Reduced -414.4k |
| RENAISSANCE TECHNOLOGIES LLC 0.07% of their portfolio | 918.4k $53.5m | Reduced -348.8k |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.14% of their portfolio | 808.6k $47.1m | Reduced -72.8k |
| INCA Investments LLC 13.31% of their portfolio | 807.1k $47.0m | Unchanged |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 737.0k $42.9m | Added +28.6k |
| UBS Group AG 0.01% of their portfolio | 733.0k $42.7m | Reduced -203.9k |
| MACKENZIE FINANCIAL CORP 0.04% of their portfolio | 669.8k $39.0m | Added +159.5k |
| Ninety One North America, Inc. 1.69% of their portfolio | 620.1k $36.1m | New |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 591.3k $34.5m | Reduced -214.2k |
| Olympus Peak Asset Management LP 100.00% of their portfolio | 465.5k $27.1m | Reduced -1.6m |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 397.2k $23.3m | Reduced -423.6k |
| Navi International - Administradora e Gestora de Recursos Financeiros Ltda. 13.38% of their portfolio | 326.0k $19.0m | Added +305.4k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 306.5k $17.9m | Reduced -39.9k |
| Capital Wealth Planning, LLC 0.08% of their portfolio | 277.6k $16.2m | Added +48.6k |
| ADVISORY RESEARCH INC 1.59% of their portfolio | 274.0k $16.0m | Added +175.5k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 251.2k $14.6m | Added +13.2k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 249.6k $14.5m | Reduced -84.1k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio | 249.5k $14.5m | New |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 212.7k $12.4m | Reduced -2.1k |
| BlackRock, Inc. 0.00% of their portfolio | 207.6k $12.1m | Added +42.9k |
| STATE STREET CORP 0.00% of their portfolio | 184.6k $10.8m | Unchanged |
| Perpetual Ltd 0.14% of their portfolio | 167.7k $9.8m | New |
| J. Goldman & Co LP 0.34% of their portfolio | 163.3k $9.5m | New |
| U S GLOBAL INVESTORS INC 0.90% of their portfolio | 161.2k $9.4m | Added +25.1k |
| VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio | 160.9k $9.4m | Reduced -3.0k |
| Mitsubishi UFJ Trust & Banking Corp 0.01% of their portfolio | 114.8k $6.7m | Added +61.6k |
| Cerity Partners LLC 0.01% of their portfolio | 85.8k $5.0m | Added +388 |
| VANGUARD ASSET MANAGEMENT, Ltd 0.00% of their portfolio | 84.0k $4.9m | Added +29.3k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 81.2k $4.7m | Reduced -90.0k |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 80.6k $4.7m | Added +19.4k |
| Y-Intercept (Hong Kong) Ltd 0.09% of their portfolio | 79.8k $4.6m | New |
| Quantinno Capital Management LP 0.01% of their portfolio | 75.8k $4.4m | Added +21.9k |
| Jump Financial, LLC 0.04% of their portfolio | 73.5k $4.3m | Reduced -41.0k |
| Man Investment Partners (US) LP 1.07% of their portfolio | 65.7k $3.8m | Unchanged |
| NORTHERN TRUST CORP 0.00% of their portfolio | 61.2k $3.6m | Added +12.8k |
| LAZARD ASSET MANAGEMENT LLC 0.01% of their portfolio | 57.9k $3.4m | Added +37.4k |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.02% of their portfolio | 57.1k $3.3m | Added +23.0k |
| XTX Topco Ltd 0.04% of their portfolio | 56.1k $3.3m | Added +30.3k |
| SEI INVESTMENTS CO 0.00% of their portfolio | 52.0k $3.0m | New |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 45.9k $2.7m | Unchanged |
| BI Asset Management Fondsmaeglerselskab A/S 0.02% of their portfolio | 44.5k $2.6m | Added +5.4k |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio | 44.4k $2.6m | Added +6.1k |
| Man Group plc 0.00% of their portfolio | 42.5k $2.5m | Reduced -55.1k |
| Verde Servicos Internacionais S.A. 0.86% of their portfolio | 40.0k $2.3m | Added +22.0k |
| Bridgewater Associates, LP 0.01% of their portfolio | 38.4k $2.2m | Reduced -6.4k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.01% of their portfolio | 37.1k $2.2m | Reduced -251.9k |
| HRT FINANCIAL LP 0.00% of their portfolio | 31.8k $1.9m | Added +10.3k |
| Moneda S.A. Administradora General de Fondos 1.46% of their portfolio | 30.6k $1.8m | Reduced -28.6k |
| Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio | 30.2k $1.8m | Added +20.2k |
| NOMURA ASSET MANAGEMENT CO LTD 0.00% of their portfolio | 26.0k $1.5m | Added +4.4k |
| BARCLAYS PLC 0.00% of their portfolio | 25.3k $1.5m | Added +3.4k |
| LPL Financial LLC 0.00% of their portfolio | 24.9k $1.5m | New |
| Vident Advisory, LLC 0.01% of their portfolio | 22.5k $1.3m | Reduced -8.0k |
| PINEBRIDGE INVESTMENTS LLC 0.01% of their portfolio | 22.4k $1.3m | New |
| Creative Planning 0.00% of their portfolio | 20.4k $1.2m | Added +10.1k |
| TT International Asset Management LTD 0.15% of their portfolio | 19.9k $1.2m | New |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 16.6k $966.0k | Added +6.1k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 16.1k $940.0k | Added +1.0k |
| NFJ INVESTMENT GROUP, LLC 0.03% of their portfolio | 15.5k $903.6k | New |
| Graham Capital Management, L.P. 0.02% of their portfolio | 14.7k $856.3k | Reduced -2.1k |
| RITHOLTZ WEALTH MANAGEMENT 0.01% of their portfolio | 14.6k $849.7k | Added +792 |
| HighTower Advisors, LLC 0.00% of their portfolio | 14.1k $824.5k | Added +7.4k |
| CITIGROUP INC 0.00% of their portfolio | 13.9k $808.6k | Reduced -33.1k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 13.7k $800.9k | Added +4.1k |
| IMC-Chicago, LLC 0.01% of their portfolio | 13.4k $782.9k | Reduced -16.0k |
| Aquatic Capital Management LLC 0.02% of their portfolio | 12.2k $711.8k | Reduced -29.7k |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 11.6k $675.5k | New |
| Engineers Gate Manager LP 0.01% of their portfolio | 11.5k $671.9k | Reduced -38.4k |
| Ethic Inc. 0.01% of their portfolio | 11.5k $671.4k | Added +6.2k |
| NewEdge Advisors, LLC 0.00% of their portfolio | 11.4k $663.6k | Reduced -293 |
| SG Americas Securities, LLC 0.00% of their portfolio | 11.0k $641.0k | Added +6.3k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 10.8k $628.9k | Added +7.8k |
| Qtron Investments LLC 0.08% of their portfolio | 10.7k $622.7k | Added +1.7k |
| VICTORY FINANCIAL GROUP, LLC 0.06% of their portfolio | 10.1k $586.8k | New |
| MARSHALL WACE, LLP 0.00% of their portfolio | 10.0k $584.7k | Reduced -198.2k |
| Vanguard Personalized Indexing Management, LLC 0.00% of their portfolio | 9.9k $575.8k | Added +4.3k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.00% of their portfolio | 9.8k $569.5k | New |
| National Philanthropic Trust 0.01% of their portfolio | 9.5k $554.8k | Unchanged |
| QRG CAPITAL MANAGEMENT, INC. 0.00% of their portfolio | 9.4k $547.9k | Added +755 |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.00% of their portfolio | 9.0k $528.0k | New |
| Arkadios Wealth Advisors 0.01% of their portfolio | 8.8k $510.3k | Added +917 |
| Invesco Ltd. 0.00% of their portfolio | 8.7k $508.4k | Reduced -940 |
| ACADIAN ASSET MANAGEMENT LLC 0.00% of their portfolio | 8.7k $507.0k | Added +8.1k |
| Balyasny Asset Management L.P. 0.00% of their portfolio | 8.3k $481.5k | Added +1.6k |
| BW Gestao de Investimentos Ltda. 0.01% of their portfolio | 8.0k $466.2k | New |
| Nykredit A/S 0.00% of their portfolio | 7.7k $446.4k | First filing |
| FMR LLC 0.00% of their portfolio | 7.2k $418.1k | Added +978 |
| ATLAS CAPITAL ADVISORS INC. 0.04% of their portfolio | 7.0k $409.3k | Added +1.7k |
| Axxion S.A. 0.03% of their portfolio | 7.0k $407.9k | First filing |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 6.4k $372.9k | Added +1.1k |
| Blue Trust, Inc. 0.00% of their portfolio | 5.9k $344.1k | Added +483 |
| WINTON GROUP Ltd 0.01% of their portfolio | 5.9k $343.8k | New |
| Qube Research & Technologies Ltd 0.00% of their portfolio | 5.4k $313.0k | Reduced -331.1k |