Telecom Argentina
75 hedge funds and large institutions have $114M invested in Telecom Argentina in 2020 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 21 increasing their positions, 24 reducing their positions, and 4 closing their positions.
255% more call options, than puts
Call options by funds: $1.21M | Put options by funds: $341K
100% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 4
6% more funds holding
Funds holding: 71 → 75 (+4)
0.18% more ownership
Funds ownership: 2.6% → 2.78% (+0.18%)
13% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 24
22% less capital invested
Capital invested by funds: $145M → $114M (-$31.8M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
+$9.34M |
| 2 |
MSAGDF
Moneda SA Administradora General de Fondos
Las Condes, Santiago,
Chile
|
+$1.02M |
| 3 |
AAMU
Amundi Asset Management US
Boston,
Massachusetts
|
+$826K |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$819K |
| 5 |
Goldman Sachs
New York
|
+$343K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$1.41M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$497K |
| 3 |
State Street
Boston,
Massachusetts
|
-$477K |
| 4 |
UBS AM
Chicago,
Illinois
|
-$393K |
| 5 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$364K |
TEO Hedge Fund Activity: Q3 2020 in Review
75 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in Telecom Argentina (TEO) for Q3 2020, worth a combined $114M — down 22% from $145M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new TEO positions and 4 closed out — a net gain of 4 holders — while 21 added to existing stakes and 24 trimmed.
The largest buyer was First Trust Advisors, opening a new position worth an estimated $9.34M. The largest seller was BlackRock, cutting an estimated $1.41M.
- 75 institutional investors held Telecom Argentina (TEO) as of Q3 2020, up from 71 in Q2 2020.
- Funds reported $114M of Telecom Argentina stock for Q3 2020, down 22% quarter-over-quarter.
- 8 funds opened new Telecom Argentina positions in Q3 2020 and 4 closed out, a net change of +4 holders.
- The largest Telecom Argentina buyer in Q3 2020 was First Trust Advisors, an estimated $9.34M added.
- The largest Telecom Argentina seller in Q3 2020 was BlackRock, an estimated $1.41M sold.
Based on aggregated 13F filings for Q3 2020.