Telecom Argentina
61 hedge funds and large institutions have $309M invested in Telecom Argentina in 2016 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 18 increasing their positions, 22 reducing their positions, and 9 closing their positions.
11% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 9
4% more capital invested
Capital invested by funds: $298M → $309M (+$11M)
0.04% more ownership
Funds ownership: 3.45% → 3.49% (+0.04%)
0% more funds holding
Funds holding: 61 → 61 (0)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
18% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 22
80% less call options, than puts
Call options by funds: $75K | Put options by funds: $380K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$3.58M |
| 2 |
TI
TT International
London,
United Kingdom
|
+$1.82M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$1.67M |
| 4 |
Franklin Resources
San Mateo,
California
|
+$1.15M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$1.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$3.62M |
| 2 |
Morgan Stanley
New York
|
-$1.74M |
| 3 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$1.46M |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
-$1.31M |
| 5 |
PSCM
Prince Street Capital Management
New York
|
-$590K |
TEO Hedge Fund Activity: Q2 2016 in Review
61 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Telecom Argentina (TEO) for Q2 2016, worth a combined $309M — up 3.7% from $298M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new TEO positions and 9 closed out — a net gain of 1 holder — while 18 added to existing stakes and 22 trimmed.
The largest buyer was AllianceBernstein, opening a new position worth an estimated $3.58M. The largest seller was Renaissance Technologies, cutting an estimated $3.62M.
- 61 institutional investors held Telecom Argentina (TEO) as of Q2 2016, unchanged from Q1 2016.
- Funds reported $309M of Telecom Argentina stock for Q2 2016, up 3.7% quarter-over-quarter.
- 10 funds opened new Telecom Argentina positions in Q2 2016 and 9 closed out, a net change of +1 holder.
- The largest Telecom Argentina buyer in Q2 2016 was AllianceBernstein, an estimated $3.58M added.
- The largest Telecom Argentina seller in Q2 2016 was Renaissance Technologies, an estimated $3.62M sold.
Based on aggregated 13F filings for Q2 2016.