Telecom Argentina
73 hedge funds and large institutions have $145M invested in Telecom Argentina in 2020 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 18 increasing their positions, 23 reducing their positions, and 9 closing their positions.
22% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 9
0.1% more ownership
Funds ownership: 2.43% → 2.52% (+0.1%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1% less funds holding
Funds holding: 74 → 73 (-1)
18% less capital invested
Capital invested by funds: $176M → $145M (-$30.9M)
22% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 23
60% less call options, than puts
Call options by funds: $523K | Put options by funds: $1.29M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$6.73M |
| 2 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
+$1.42M |
| 3 |
RCM
Redwood Capital Management
New York
|
+$943K |
| 4 |
State Street
Boston,
Massachusetts
|
+$940K |
| 5 |
Canada Life
Winnipeg,
Manitoba, Canada
|
+$843K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VEA
Virtus ETF Advisers
New York
|
-$2.3M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$1.78M |
| 3 |
BlackRock
New York
|
-$1.77M |
| 4 |
Goldman Sachs
New York
|
-$1.3M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.18M |
TEO Hedge Fund Activity: Q1 2020 in Review
73 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Telecom Argentina (TEO) for Q1 2020, worth a combined $145M — down 18% from $176M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new TEO positions and 9 closed out — a net gain of 2 holders — while 18 added to existing stakes and 23 trimmed.
The largest buyer was Mirae Asset Global Investments, adding an estimated $6.73M. The largest seller was Virtus ETF Advisers, cutting an estimated $2.3M.
- 73 institutional investors held Telecom Argentina (TEO) as of Q1 2020, down from 74 in Q4 2019.
- Funds reported $145M of Telecom Argentina stock for Q1 2020, down 18% quarter-over-quarter.
- 11 funds opened new Telecom Argentina positions in Q1 2020 and 9 closed out, a net change of +2 holders.
- The largest Telecom Argentina buyer in Q1 2020 was Mirae Asset Global Investments, an estimated $6.73M added.
- The largest Telecom Argentina seller in Q1 2020 was Virtus ETF Advisers, an estimated $2.3M sold.
Based on aggregated 13F filings for Q1 2020.