Telecom Argentina
63 hedge funds and large institutions have $256M invested in Telecom Argentina in 2015 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 20 increasing their positions, 20 reducing their positions, and 16 closing their positions.
0.01% more ownership
Funds ownership: 3.64% → 3.65% (+0.01%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
0% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 20
13% less funds holding
Funds holding: 72 → 63 (-9)
19% less capital invested
Capital invested by funds: $316M → $256M (-$59.8M)
56% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 16
100% less call options, than puts
Call options by funds: $4K | Put options by funds: $1.08M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$10.8M |
| 2 |
MAMNY
Marathon Asset Management (New York)
New York
|
+$2.7M |
| 3 |
BCM
Bienville Capital Management
New York
|
+$2.14M |
| 4 |
EC
EMS Capital
New York
|
+$1.9M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$1.19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BG
BlackRock Group
London,
United Kingdom
|
-$5.02M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$2.52M |
| 3 |
BOTOTLSJU
Board of Trustees of The Leland Stanford Junior University
Redwood City,
California
|
-$2.25M |
| 4 |
SFM
Soros Fund Management
New York
|
-$2.03M |
| 5 |
Goldman Sachs
New York
|
-$1.6M |
TEO Hedge Fund Activity: Q3 2015 in Review
63 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in Telecom Argentina (TEO) for Q3 2015, worth a combined $256M — down 19% from $316M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of TEO and 7 opened new positions — a net loss of 9 holders — while 20 trimmed existing stakes and 20 added.
The largest buyer was Franklin Resources, adding an estimated $10.8M. The largest seller was BlackRock Group, cutting an estimated $5.02M.
- 63 institutional investors held Telecom Argentina (TEO) as of Q3 2015, down from 72 in Q2 2015.
- Funds reported $256M of Telecom Argentina stock for Q3 2015, down 19% quarter-over-quarter.
- 7 funds opened new Telecom Argentina positions in Q3 2015 and 16 closed out, a net change of -9 holders.
- The largest Telecom Argentina buyer in Q3 2015 was Franklin Resources, an estimated $10.8M added.
- The largest Telecom Argentina seller in Q3 2015 was BlackRock Group, an estimated $5.02M sold.
Based on aggregated 13F filings for Q3 2015.