Telecom Argentina
70 hedge funds and large institutions have $353M invested in Telecom Argentina in 2014 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 27 increasing their positions, 13 reducing their positions, and 10 closing their positions.
108% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 13
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
40% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 10
40% more capital invested
Capital invested by funds: $253M → $353M (+$100M)
6% more funds holding
Funds holding: 66 → 70 (+4)
0.36% more ownership
Funds ownership: 2.75% → 3.11% (+0.36%)
31% less call options, than puts
Call options by funds: $869K | Put options by funds: $1.26M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$5.56M |
| 2 |
CHCM
Columbus Hill Capital Management
Short Hills,
New Jersey
|
+$4.65M |
| 3 |
AGCJ
Alden Global Capital (Jersey)
St. Helier,
Jersey
|
+$4.5M |
| 4 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
+$3.83M |
| 5 |
EC
Everest Capital
Miami,
Florida
|
+$2.58M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
-$2.68M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$2.53M |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
-$902K |
| 4 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
-$534K |
| 5 |
Allianz Asset Management
Munich,
Germany
|
-$477K |
TEO Hedge Fund Activity: Q2 2014 in Review
70 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in Telecom Argentina (TEO) for Q2 2014, worth a combined $353M — up 40% from $253M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new TEO positions and 10 closed out — a net gain of 4 holders — while 27 added to existing stakes and 13 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $5.56M. The largest seller was Acadian Asset Management, cutting an estimated $2.68M.
- 70 institutional investors held Telecom Argentina (TEO) as of Q2 2014, up from 66 in Q1 2014.
- Funds reported $353M of Telecom Argentina stock for Q2 2014, up 40% quarter-over-quarter.
- 14 funds opened new Telecom Argentina positions in Q2 2014 and 10 closed out, a net change of +4 holders.
- The largest Telecom Argentina buyer in Q2 2014 was Morgan Stanley, an estimated $5.56M added.
- The largest Telecom Argentina seller in Q2 2014 was Acadian Asset Management, an estimated $2.68M sold.
Based on aggregated 13F filings for Q2 2014.