LATAM Airlines Group Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

SNSE:LTM Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Role	Shares	Max Price
08 Sep 25	SellCL$321,076,224,000	Lauca Investments, Llc	Company		14,000,000,000	CL$22.93
13 Aug 25	SellCL$151,305,990,000	Lauca Investments, Llc	Company		7,500,000,000	CL$20.17

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of LTM?
Owner Type	Number of Shares	Ownership Percentage
Public Companies	60,722,284,826	10.2%
Institutions	136,440,655,633	22.9%
Private Companies	184,317,672,281	31%
General Public	213,286,258,806	35.9%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 60.36% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
16.8%	Lauca Investments, Llc	99,887,693,315	CL$2.1t	-24.9%	no data
10.2%	Delta Air Lines, Inc.	60,722,284,826	CL$1.3t	0%	46.14%
10.2%	Qatar Airways Limited	60,640,769,249	CL$1.3t	0%	no data
4%	Inversiones Costa Verde Aeronáutica Ltda	23,789,209,717	CL$499.6b	0%	no data
3.17%	Administradora de Fondos de Pensiones Habitat S.A.	18,864,264,540	CL$396.1b	134%	11.47%
2.26%	Olympus Peak Asset Management LP	13,412,220,000	CL$281.7b	-10.9%	100.0%
2.19%	BlackRock, Inc.	13,046,870,710	CL$274.0b	54%	no data
2.14%	The Vanguard Group, Inc.	12,699,740,472	CL$266.7b	41.7%	no data
1.77%	Banco Santander-Chile	10,515,677,491	CL$220.8b	0%	31.03%
1.34%	Newport Trust Company	7,949,862,000	CL$166.9b	-29.5%	0.62%
1.16%	Banchile Administradora General de Fondos SA	6,885,944,595	CL$144.6b	0%	4.39%
1.11%	Inversiones Costa Verde S.A.	6,592,460,617	CL$138.4b	0%	100.0%
0.89%	AllianceBernstein L.P.	5,311,985,879	CL$111.6b	-4.93%	0.03%
0.54%	LarrainVial Asset Management Administradora General de Fondos SA	3,223,694,699	CL$67.7b	0%	2.35%
0.49%	Norges Bank Investment Management	2,892,782,289	CL$60.7b	113%	no data
0.35%	Empowered Funds, LLC	2,063,308,626	CL$43.3b	17.7%	0.65%
0.31%	Morgan Stanley	1,828,192,000	CL$38.4b	82%	no data
0.24%	Itau USA Asset Management Inc.	1,436,972,000	CL$30.2b	0%	1.72%
0.2%	Geode Capital Management, LLC	1,214,378,787	CL$25.5b	22.2%	no data
0.18%	Boston Partners Global Investors, Inc.	1,087,250,000	CL$22.8b	75.8%	0.01%
0.18%	JPMorgan Chase & Co.	1,061,148,000	CL$22.3b	78%	no data
0.17%	Santander Asset Management SA SGIIC	1,020,254,126	CL$21.4b	0%	0.14%
0.17%	Two Sigma Investments, LP	1,006,234,000	CL$21.1b	468%	0.04%
0.16%	Columbus Hill Capital Management, L.P.	933,678,000	CL$19.6b	-2.1%	2.83%
0.16%	Eaton Vance Management	922,563,422	CL$19.4b	168%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/11/12 03:53
End of Day Share Price	2025/11/12 00:00
Earnings	2025/06/30
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

LATAM Airlines Group S.A. is covered by 26 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Pablo Monsivais Mendoza	Barclays
Pablo Monsivais Mendoza	Barclays
Murilo Freiberger	BofA Global Research