Telecom Argentina
67 hedge funds and large institutions have $228M invested in Telecom Argentina in 2013 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 22 increasing their positions, 18 reducing their positions, and 10 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
22% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 18
20% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 10
3% more funds holding
Funds holding: 65 → 67 (+2)
0% more capital invested
Capital invested by funds: $227M → $228M (+$864K)
0.12% more ownership
Funds ownership: 2.62% → 2.74% (+0.12%)
62% less call options, than puts
Call options by funds: $555K | Put options by funds: $1.45M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$3.08M |
| 2 |
RFC
Russell Frank Company
Seattle,
Washington
|
+$2.36M |
| 3 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$2.35M |
| 4 |
Morgan Stanley
New York
|
+$2.34M |
| 5 |
TG
TCW Group
Los Angeles,
California
|
+$1.99M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$3.68M |
| 2 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$3.28M |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$2.85M |
| 4 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$2.21M |
| 5 |
Millennium Management
New York
|
-$996K |
TEO Hedge Fund Activity: Q4 2013 in Review
67 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in Telecom Argentina (TEO) for Q4 2013, worth a combined $228M — up 0.38% from $227M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new TEO positions and 10 closed out — a net gain of 2 holders — while 22 added to existing stakes and 18 trimmed.
The largest buyer was Franklin Resources, adding an estimated $3.08M. The largest seller was Wellington Management Group, exiting entirely with an estimated $3.68M sold.
- 67 institutional investors held Telecom Argentina (TEO) as of Q4 2013, up from 65 in Q3 2013.
- Funds reported $228M of Telecom Argentina stock for Q4 2013, up 0.38% quarter-over-quarter.
- 12 funds opened new Telecom Argentina positions in Q4 2013 and 10 closed out, a net change of +2 holders.
- The largest Telecom Argentina buyer in Q4 2013 was Franklin Resources, an estimated $3.08M added.
- The largest Telecom Argentina seller in Q4 2013 was Wellington Management Group, an estimated $3.68M sold.
Based on aggregated 13F filings for Q4 2013.