Telecom Argentina
74 hedge funds and large institutions have $176M invested in Telecom Argentina in 2019 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 32 increasing their positions, 15 reducing their positions, and 18 closing their positions.
113% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 15
21% more capital invested
Capital invested by funds: $145M → $176M (+$30.9M)
0.15% more ownership
Funds ownership: 2.27% → 2.43% (+0.15%)
15% less funds holding
Funds holding: 87 → 74 (-13)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
67% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 18
85% less call options, than puts
Call options by funds: $1.44M | Put options by funds: $9.52M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
+$5.21M |
| 2 |
BlackRock
New York
|
+$2.6M |
| 3 |
VEA
Virtus ETF Advisers
New York
|
+$2.03M |
| 4 |
VAS
VR Advisory Services
Camana Bay, Grand Cayman,
Cayman Islands
|
+$1.98M |
| 5 |
HSBC Holdings
London,
United Kingdom
|
+$1.49M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MAMNY
Marathon Asset Management (New York)
New York
|
-$2.79M |
| 2 |
DZ Bank
Frankfurt Am Main,
Germany
|
-$1.35M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$1.21M |
| 4 |
HT
HAP Trading
New York
|
-$1.17M |
| 5 |
JP Morgan Chase
New York
|
-$1.1M |
TEO Hedge Fund Activity: Q4 2019 in Review
74 of the 5,092 institutional investors tracked by Wall St. Rank reported a position in Telecom Argentina (TEO) for Q4 2019, worth a combined $176M — up 21% from $145M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of TEO and 6 opened new positions — a net loss of 12 holders — while 15 trimmed existing stakes and 32 added.
The largest buyer was Oaktree Capital Management, adding an estimated $5.21M. The largest seller was Marathon Asset Management (New York), exiting entirely with an estimated $2.79M sold.
- 74 institutional investors held Telecom Argentina (TEO) as of Q4 2019, down from 87 in Q3 2019.
- Funds reported $176M of Telecom Argentina stock for Q4 2019, up 21% quarter-over-quarter.
- 6 funds opened new Telecom Argentina positions in Q4 2019 and 18 closed out, a net change of -12 holders.
- The largest Telecom Argentina buyer in Q4 2019 was Oaktree Capital Management, an estimated $5.21M added.
- The largest Telecom Argentina seller in Q4 2019 was Marathon Asset Management (New York), an estimated $2.79M sold.
Based on aggregated 13F filings for Q4 2019.