Telecom Argentina
64 hedge funds and large institutions have $273M invested in Telecom Argentina in 2015 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 18 increasing their positions, 16 reducing their positions, and 10 closing their positions.
13% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 16
10% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 10
6% more capital invested
Capital invested by funds: $256M → $273M (+$16.6M)
2% more funds holding
Funds holding: 63 → 64 (+1)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
0.13% less ownership
Funds ownership: 3.65% → 3.52% (-0.13%)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $813K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PSCM
Prince Street Capital Management
New York
|
+$8.81M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$8.3M |
| 3 |
EC
EMS Capital
New York
|
+$6.12M |
| 4 |
Morgan Stanley
New York
|
+$4.99M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
+$4.63M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$15.6M |
| 2 |
BG
BlackRock Group
London,
United Kingdom
|
-$6.76M |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$3.63M |
| 4 |
MAMNY
Marathon Asset Management (New York)
New York
|
-$3.49M |
| 5 |
Renaissance Technologies
New York
|
-$2.36M |
TEO Hedge Fund Activity: Q4 2015 in Review
64 of the 3,824 institutional investors tracked by Wall St. Rank reported a position in Telecom Argentina (TEO) for Q4 2015, worth a combined $273M — up 6.5% from $256M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new TEO positions and 10 closed out — a net gain of 1 holder — while 18 added to existing stakes and 16 trimmed.
The largest buyer was Prince Street Capital Management, opening a new position worth an estimated $8.81M. The largest seller was Franklin Resources, cutting an estimated $15.6M.
- 64 institutional investors held Telecom Argentina (TEO) as of Q4 2015, up from 63 in Q3 2015.
- Funds reported $273M of Telecom Argentina stock for Q4 2015, up 6.5% quarter-over-quarter.
- 11 funds opened new Telecom Argentina positions in Q4 2015 and 10 closed out, a net change of +1 holder.
- The largest Telecom Argentina buyer in Q4 2015 was Prince Street Capital Management, an estimated $8.81M added.
- The largest Telecom Argentina seller in Q4 2015 was Franklin Resources, an estimated $15.6M sold.
Based on aggregated 13F filings for Q4 2015.