Telecom Argentina
70 hedge funds and large institutions have $290M invested in Telecom Argentina in 2016 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 22 increasing their positions, 14 reducing their positions, and 6 closing their positions.
167% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 6
57% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 14
15% more funds holding
Funds holding: 61 → 70 (+9)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0.2% less ownership
Funds ownership: 3.49% → 3.29% (-0.2%)
6% less capital invested
Capital invested by funds: $309M → $290M (-$18.6M)
47% less call options, than puts
Call options by funds: $1.38M | Put options by funds: $2.62M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Amber Capital Management
Grand Cayman,
Cayman Islands
|
+$5.59M |
| 2 |
SGDR
SPX Gestao de Recursos
Rio De Janeiro,
Brazil
|
+$2.96M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
+$2.51M |
| 4 |
TI
TT International
London,
United Kingdom
|
+$1.93M |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$1.53M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$11.2M |
| 2 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
-$10.2M |
| 3 |
Renaissance Technologies
New York
|
-$3.51M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$3.21M |
| 5 |
EC
EMS Capital
New York
|
-$1.49M |
TEO Hedge Fund Activity: Q3 2016 in Review
70 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Telecom Argentina (TEO) for Q3 2016, worth a combined $290M — down 6% from $309M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new TEO positions and 6 closed out — a net gain of 10 holders — while 22 added to existing stakes and 14 trimmed.
The largest buyer was Amber Capital Management, opening a new position worth an estimated $5.59M. The largest seller was Parametric Portfolio Associates, cutting an estimated $11.2M.
- 70 institutional investors held Telecom Argentina (TEO) as of Q3 2016, up from 61 in Q2 2016.
- Funds reported $290M of Telecom Argentina stock for Q3 2016, down 6% quarter-over-quarter.
- 16 funds opened new Telecom Argentina positions in Q3 2016 and 6 closed out, a net change of +10 holders.
- The largest Telecom Argentina buyer in Q3 2016 was Amber Capital Management, an estimated $5.59M added.
- The largest Telecom Argentina seller in Q3 2016 was Parametric Portfolio Associates, an estimated $11.2M sold.
Based on aggregated 13F filings for Q3 2016.