Telecom Argentina
59 hedge funds and large institutions have $249M invested in Telecom Argentina in 2017 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 27 increasing their positions, 12 reducing their positions, and 6 closing their positions.
125% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 12
33% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 6
26% more call options, than puts
Call options by funds: $1.38M | Put options by funds: $1.09M
22% more capital invested
Capital invested by funds: $204M → $249M (+$45.1M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% less ownership
Funds ownership: 2.33% → 2.33% (-0%)
2% less funds holding
Funds holding: 60 → 59 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$16.3M |
| 2 |
SFM
Soros Fund Management
New York
|
+$4.98M |
| 3 |
Millennium Management
New York
|
+$3.36M |
| 4 |
Goldman Sachs
New York
|
+$2.45M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
+$1.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$6.49M |
| 2 |
TI
TT International
London,
United Kingdom
|
-$2.76M |
| 3 |
BCM
Bienville Capital Management
New York
|
-$2.65M |
| 4 |
FPF
FNY Partners Fund
New York
|
-$2.53M |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$2.29M |
TEO Hedge Fund Activity: Q1 2017 in Review
59 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in Telecom Argentina (TEO) for Q1 2017, worth a combined $249M — up 22% from $204M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new TEO positions and 6 closed out — a net gain of 2 holders — while 27 added to existing stakes and 12 trimmed.
The largest buyer was BlackRock, adding an estimated $16.3M. The largest seller was Franklin Resources, cutting an estimated $6.49M.
- 59 institutional investors held Telecom Argentina (TEO) as of Q1 2017, down from 60 in Q4 2016.
- Funds reported $249M of Telecom Argentina stock for Q1 2017, up 22% quarter-over-quarter.
- 8 funds opened new Telecom Argentina positions in Q1 2017 and 6 closed out, a net change of +2 holders.
- The largest Telecom Argentina buyer in Q1 2017 was BlackRock, an estimated $16.3M added.
- The largest Telecom Argentina seller in Q1 2017 was Franklin Resources, an estimated $6.49M sold.
Based on aggregated 13F filings for Q1 2017.