Telecom Argentina
35 hedge funds and large institutions have $49M invested in Telecom Argentina in 2023 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 12 increasing their positions, 6 reducing their positions, and 2 closing their positions.
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
100% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 6
20% more capital invested
Capital invested by funds: $40.9M → $49M (+$8.15M)
6% more funds holding
Funds holding: 33 → 35 (+2)
0.02% less ownership
Funds ownership: 1.3% → 1.28% (-0.02%)
48% less call options, than puts
Call options by funds: $52K | Put options by funds: $100K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$813K |
| 2 |
Goldman Sachs
New York
|
+$479K |
| 3 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$145K |
| 4 |
Invesco
Atlanta,
Georgia
|
+$87.3K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$50.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.39M |
| 2 |
VAS
VR Advisory Services
Camana Bay, Grand Cayman,
Cayman Islands
|
-$439K |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$268K |
| 4 |
Renaissance Technologies
New York
|
-$107K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$91.6K |
TEO Hedge Fund Activity: Q2 2023 in Review
35 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Telecom Argentina (TEO) for Q2 2023, worth a combined $49M — up 20% from $40.9M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new TEO positions and 2 closed out — a net gain of 2 holders — while 12 added to existing stakes and 6 trimmed.
The largest buyer was Millennium Management, opening a new position worth an estimated $813K. The largest seller was Morgan Stanley, cutting an estimated $1.39M.
- 35 institutional investors held Telecom Argentina (TEO) as of Q2 2023, up from 33 in Q1 2023.
- Funds reported $49M of Telecom Argentina stock for Q2 2023, up 20% quarter-over-quarter.
- 4 funds opened new Telecom Argentina positions in Q2 2023 and 2 closed out, a net change of +2 holders.
- The largest Telecom Argentina buyer in Q2 2023 was Millennium Management, an estimated $813K added.
- The largest Telecom Argentina seller in Q2 2023 was Morgan Stanley, an estimated $1.39M sold.
Based on aggregated 13F filings for Q2 2023.