Telecom Argentina
66 hedge funds and large institutions have $253M invested in Telecom Argentina in 2014 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 18 increasing their positions, 19 reducing their positions, and 18 closing their positions.
140% more call options, than puts
Call options by funds: $1.38M | Put options by funds: $574K
11% more capital invested
Capital invested by funds: $228M → $253M (+$24.9M)
0.01% more ownership
Funds ownership: 2.74% → 2.75% (+0.01%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 18
5% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 19
1% less funds holding
Funds holding: 67 → 66 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$8.79M |
| 2 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
+$5.38M |
| 3 |
BG
BlackRock Group
London,
United Kingdom
|
+$3.93M |
| 4 |
EC
Everest Capital
Miami,
Florida
|
+$2.71M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$2.16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
-$11.5M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$6.83M |
| 3 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$2.62M |
| 4 |
DC
Deere & Company
Moline,
Illinois
|
-$1.83M |
| 5 |
TG
TCW Group
Los Angeles,
California
|
-$1.81M |
TEO Hedge Fund Activity: Q1 2014 in Review
66 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in Telecom Argentina (TEO) for Q1 2014, worth a combined $253M — up 11% from $228M a quarter earlier.
Fund positioning in TEO was balanced in Q1 2014: 18 funds opened new positions, 18 closed out, 18 added to existing stakes and 19 trimmed.
The largest buyer was Franklin Resources, adding an estimated $8.79M. The largest seller was Acadian Asset Management, cutting an estimated $11.5M.
- 66 institutional investors held Telecom Argentina (TEO) as of Q1 2014, down from 67 in Q4 2013.
- Funds reported $253M of Telecom Argentina stock for Q1 2014, up 11% quarter-over-quarter.
- 18 funds opened new Telecom Argentina positions in Q1 2014 and 18 closed out, a net change of 0 holders.
- The largest Telecom Argentina buyer in Q1 2014 was Franklin Resources, an estimated $8.79M added.
- The largest Telecom Argentina seller in Q1 2014 was Acadian Asset Management, an estimated $11.5M sold.
Based on aggregated 13F filings for Q1 2014.