Telecom Argentina
82 hedge funds and large institutions have $383M invested in Telecom Argentina in 2015 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 25 increasing their positions, 25 reducing their positions, and 9 closing their positions.
138% more call options, than puts
Call options by funds: $867K | Put options by funds: $365K
111% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 9
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
22% more capital invested
Capital invested by funds: $314M → $383M (+$69.4M)
14% more funds holding
Funds holding: 72 → 82 (+10)
0.14% more ownership
Funds ownership: 3.36% → 3.5% (+0.14%)
0% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$12.4M |
| 2 |
DFO
Duquesne Family Office
New York
|
+$5.35M |
| 3 |
BG
BlackRock Group
London,
United Kingdom
|
+$4.95M |
| 4 |
BCM
Bienville Capital Management
New York
|
+$4.81M |
| 5 |
EC
EMS Capital
New York
|
+$4.25M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$16.5M |
| 2 |
EC
Everest Capital
Miami,
Florida
|
-$5.19M |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$3.08M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
-$2.16M |
| 5 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$2.11M |
TEO Hedge Fund Activity: Q1 2015 in Review
82 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in Telecom Argentina (TEO) for Q1 2015, worth a combined $383M — up 22% from $314M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new TEO positions and 9 closed out — a net gain of 10 holders — while 25 added to existing stakes and 25 trimmed.
The largest buyer was Fidelity Investments, opening a new position worth an estimated $12.4M. The largest seller was Franklin Resources, cutting an estimated $16.5M.
- 82 institutional investors held Telecom Argentina (TEO) as of Q1 2015, up from 72 in Q4 2014.
- Funds reported $383M of Telecom Argentina stock for Q1 2015, up 22% quarter-over-quarter.
- 19 funds opened new Telecom Argentina positions in Q1 2015 and 9 closed out, a net change of +10 holders.
- The largest Telecom Argentina buyer in Q1 2015 was Fidelity Investments, an estimated $12.4M added.
- The largest Telecom Argentina seller in Q1 2015 was Franklin Resources, an estimated $16.5M sold.
Based on aggregated 13F filings for Q1 2015.