Harding Loevner’s Telecom Argentina TEO Stock Holding History

Harding Loevner’s Portfolio TEO Stock Details TEO Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2019 Q3	–	Sell	-121,765	Closed	-$2.15M	–	139
2019 Q2	$2.15M	Sell	121,765 -144,063	-54%	-$2.2M	0.01%	76
2019 Q1	$3.88M	Sell	265,828 -15,994	-6%	-$250K	0.02%	69
2018 Q4	$4.38M	Sell	281,822 -43,438	-13%	-$744K	0.03%	69
2018 Q3	$5.67M	Sell	325,260 -4,718	-1%	-$86.8K	0.03%	67
2018 Q2	$5.85M	Buy	329,978 +228	+0.1%	+$5.79K	0.03%	66
2018 Q1	$10.3M	Buy	+329,750	New	+$11.6M	0.05%	70

Other funds holding TEO

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return

OCM

Oaktree Capital Management Los Angeles, California $7.21B AUM 45.97% 1-Year Est. Return

RCM

Redwood Capital Management New York $927M AUM 153.64% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

Northern Trust Chicago, Illinois $860B AUM 41.15% 1-Year Est. Return

Legal & General Group London, United Kingdom $480B AUM 42.84% 1-Year Est. Return

MAMNY

Marathon Asset Management (New York) New York $41.5M AUM 245.82% 1-Year Est. Return

JP Morgan Chase New York $1.81T AUM 41.13% 1-Year Est. Return

Sumitomo Mitsui Trust Group Minato-Ku, Tokyo, Japan $175B AUM 40.63% 1-Year Est. Return

Harding Loevner's TEO Position: Q3 2019 in Review

Harding Loevner sold out of Telecom Argentina (TEO) in Q3 2019, closing a stake of 121,765 shares — an estimated $2.15M sold.

Harding Loevner first reported a position in TEO in Q1 2018 and held it in 6 quarters. The position peaked at $10.3M in Q1 2018. 87 funds tracked by Wall St. Rank hold TEO as of Q3 2019.

Harding Loevner reported no remaining Telecom Argentina position as of Q3 2019 after selling out during the quarter.
Harding Loevner sold 121,765 Telecom Argentina shares in Q3 2019, an estimated $2.15M.
Harding Loevner first reported a position in Telecom Argentina in Q1 2018 and held it in 6 quarters.
Harding Loevner's Telecom Argentina position peaked at $10.3M in Q1 2018.
87 funds tracked by Wall St. Rank held Telecom Argentina as of Q3 2019.

Based on Harding Loevner's 13F filing for Q3 2019, filed 14 Nov 2019.