Macquarie Group’s TIM SA TIMB Stock Holding History

Macquarie Group’s Portfolio TIMB Stock Details TIMB Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q4	–	Sell	-1,647,118	Closed	-$36.8M	–	1447
2025 Q3	$36.8M	Sell	1,647,118 -32,461	-2%	-$656K	0.04%	505
2025 Q2	$33.8M	Sell	1,679,579 -33,239	-2%	-$569K	0.04%	515
2025 Q1	$26.8M	Sell	1,712,818 -9,584	-0.6%	-$133K	0.03%	575
2024 Q4	$20.3M	Buy	1,722,402 +1,396	+0.1%	+$19.6K	0.02%	650
2024 Q3	$29.6M	Sell	1,721,006 -112,835	-6%	-$1.79M	0.03%	585
2024 Q2	$26.3M	Sell	1,833,841 -5,661	-0.3%	-$92.2K	0.03%	597
2024 Q1	$32.7M	Sell	1,839,502 -6,100	-0.3%	-$111K	0.04%	560
2023 Q4	$34.1M	Buy	1,845,602 +28,200	+2%	+$473K	0.04%	546
2023 Q3	$27.1M	Buy	1,817,402 +19,097	+1%	+$285K	0.03%	573
2023 Q2	$27.5M	Buy	1,798,305 +18,970	+1%	+$268K	0.03%	580
2023 Q1	$22M	Sell	1,779,335 -7,532	-0.4%	-$87K	0.03%	638
2022 Q4	$20.8M	Sell	1,786,867 -13,395	-0.7%	-$162K	0.02%	682
2022 Q3	$20.1M	Sell	1,800,262 -5,980	-0.3%	-$70.9K	0.02%	682
2022 Q2	$21.9M	Sell	1,806,242 -25,803	-1%	-$352K	0.02%	689
2022 Q1	$26.6K	Hold	1,832,045	–	–	0.02%	696
2021 Q4	$21.3M	Hold	1,832,045	–	–	0.02%	737
2021 Q3	$19.7M	Sell	1,832,045 -5,536	-0.3%	-$62.3K	0.02%	773
2021 Q2	$21.2M	Sell	1,837,581 -1,900	-0.1%	-$22.1K	0.02%	768
2021 Q1	$20.9M	Sell	1,839,481 -80,534	-4%	-$987K	0.03%	521
2020 Q4	$26.7M	Sell	1,920,015 -41,738	-2%	-$521K	0.04%	453
2020 Q3	$22.6M	Sell	1,961,753 -393,210	-17%	-$5.39M	0.04%	440
2020 Q2	$30.5M	Sell	2,354,963 -112,878	-5%	-$1.41M	0.05%	370
2020 Q1	$30M	Sell	2,467,841 -543,645	-18%	-$9.67M	0.06%	327
2019 Q4	$57.5M	Sell	3,011,486 -35,168	-1%	-$554K	0.08%	257
2019 Q3	$43.8M	Sell	3,046,654 -344,996	-10%	-$5.21M	0.07%	284
2019 Q2	$50.8M	Buy	3,391,650 +71,716	+2%	+$1.04M	0.09%	259
2019 Q1	$50.1M	Sell	3,319,934 -106,500	-3%	-$1.72M	0.09%	250
2018 Q4	$52.6M	Sell	3,426,434 -91,100	-3%	-$1.4M	0.1%	199
2018 Q3	$51M	Sell	3,517,534 -74,300	-2%	-$1.16M	0.08%	253
2018 Q2	$60.6M	Sell	3,591,834 -28,600	-0.8%	-$561K	0.1%	185
2018 Q1	$78.5M	Sell	3,620,434 -1,130,550	-24%	-$23.8M	0.14%	134
2017 Q4	$91.7M	Sell	4,750,984 -589,421	-11%	-$10.9M	0.16%	109
2017 Q3	$97.6M	Sell	5,340,405 -7,200	-0.1%	-$125K	0.18%	106
2017 Q2	$79.1M	Sell	5,347,605 -872,580	-14%	-$13.5M	0.14%	123
2017 Q1	$99.4M	Sell	6,220,185 -390,902	-6%	-$5.86M	0.18%	90
2016 Q4	$78M	Sell	6,611,087 -133,947	-2%	-$1.68M	0.15%	111
2016 Q3	$82.6M	Sell	6,745,034 -6,789,034	-50%	-$83.8M	0.16%	101
2016 Q2	$143M	Buy	13,534,068 +6,879,134	+103%	+$70.5M	0.14%	122
2016 Q1	$73.6M	Sell	6,654,934 -517,601	-7%	-$4.55M	0.15%	114
2015 Q4	$60.8M	Buy	7,172,535 +390,909	+6%	+$3.92M	0.12%	132
2015 Q3	$64.1M	Sell	6,781,626 -31,100	-0.5%	-$397K	0.14%	125
2015 Q2	$111M	Buy	6,812,726 +251,514	+4%	+$4M	0.22%	89
2015 Q1	$109M	Sell	6,561,212 -420,908	-6%	-$8.78M	0.21%	95
2014 Q4	$155M	Sell	6,982,120 -146,600	-2%	-$3.48M	0.32%	66
2014 Q3	$187M	Sell	7,128,720 -411,500	-5%	-$11.1M	0.4%	62
2014 Q2	$219M	Sell	7,540,220 -3,704,367	-33%	-$101M	0.49%	52
2014 Q1	$292M	Sell	11,244,587 -190,700	-2%	-$4.95M	0.5%	64
2013 Q4	$300M	Buy	11,435,287 +546,681	+5%	+$13.8M	0.54%	64
2013 Q3	$257M	Buy	10,888,606 +902,610	+9%	+$18.3M	0.5%	67
2013 Q2	$186M	Buy	+9,985,996	New	+$201M	0.41%	68

Other funds holding TIMB

Robeco Institutional Asset Management Rotterdam, Netherlands $70.2B AUM 29.99% 1-Year Est. Return

Renaissance Technologies New York $63.9B AUM 45.56% 1-Year Est. Return

Arrowstreet Capital Boston, Massachusetts $185B AUM 39.58% 1-Year Est. Return

NAMI

Nomura Asset Management International Philadelphia, Pennsylvania $58.4B AUM

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

CGH

Crossmark Global Holdings Houston, Texas $7.71B AUM 37.66% 1-Year Est. Return

American Century Companies Kansas City, Missouri $194B AUM 35% 1-Year Est. Return

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

UBS Group Zurich, Switzerland $666B AUM 30.12% 1-Year Est. Return

Macquarie Group's TIMB Position: Q4 2025 in Review

Macquarie Group sold out of TIM SA (TIMB) in Q4 2025, closing a stake of 1,647,118 shares — an estimated $36.8M sold.

Macquarie Group first reported a position in TIMB in Q2 2013 and held it in 50 quarters. The position peaked at $300M in Q4 2013. 141 funds tracked by Wall St. Rank hold TIMB as of Q4 2025.

Macquarie Group reported no remaining TIM SA position as of Q4 2025 after selling out during the quarter.
Macquarie Group sold 1,647,118 TIM SA shares in Q4 2025, an estimated $36.8M.
Macquarie Group first reported a position in TIM SA in Q2 2013 and held it in 50 quarters.
Macquarie Group's TIM SA position peaked at $300M in Q4 2013.
141 funds tracked by Wall St. Rank held TIM SA as of Q4 2025.

Based on Macquarie Group's 13F filing for Q4 2025, filed 13 Feb 2026.