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Telecom Argentina

32 hedge funds and large institutions have $67.6M invested in Telecom Argentina in 2024 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 10 increasing their positions, 9 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

37% more call options, than puts

Call options by funds: $335K | Put options by funds: $244K

11% more repeat investments, than reductions

Existing positions increased: 10 | Existing positions reduced: 9

4% more capital invested

Capital invested by funds: $65.1M → $67.6M (+$2.48M)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

0.08% less ownership

Funds ownership: 1.45%1.37% (-0.08%)

22% less funds holding

Funds holding: 4132 (-9)

69% less first-time investments, than exits

New positions opened: 4 | Existing positions closed: 13

Holders
32
Holders Change
-9
Holders Change %
-21.95%
% of All Funds
0.46%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.01%
New
4
Increased
10
Reduced
9
Closed
13
Calls
$335K
Puts
$244K
Net Calls
+$91K
Net Calls Change
-$106K
Name Holding Trade Value Shares
Change
Change in
Stake
OCM
1
Oaktree Capital Management
California
$21.1M +$1.44M +195,200 +8%
RCM
2
Redwood Capital Management
New York
$19.3M -$8.32M -1,128,612 -32%
RAA
3
RWC Asset Advisors
Florida
$9.69M +$6.71M +909,225 +294%
DG
4
Discerene Group
Connecticut
$5.31M
RAM
5
RWC Asset Management
United Kingdom
$2.95M
Morgan Stanley
6
Morgan Stanley
New York
$1.76M +$499K +67,648 +44%
Mirae Asset Global Investments
7
Mirae Asset Global Investments
South Korea
$1.36M -$1.39M -188,613 -41%
DFO
8
Duquesne Family Office
New York
$1.14M +$1.06M +143,051 New
Millennium Management
9
Millennium Management
New York
$717K -$1.64M -222,638 -71%
Renaissance Technologies
10
Renaissance Technologies
New York
$668K +$45.7K +6,190 +8%
Invesco
11
Invesco
Georgia
$638K +$103K +14,024 +21%
Goldman Sachs
12
Goldman Sachs
New York
$623K +$290K +39,343 +101%
SAM
13
Storebrand Asset Management
Norway
$578K
BNP Paribas Financial Markets
14
BNP Paribas Financial Markets
France
$357K -$29.4K -3,990 -8%
Mariner
15
Mariner
Kansas
$256K -$2.01K -273 -0.8%
GF
16
Gabelli Funds
New York
$246K
Walleye Capital
17
Walleye Capital
New York
$182K -$64.1K -8,698 -27%
Wells Fargo
18
Wells Fargo
California
$170K -$8.89K -1,205 -5%
JF
19
Jump Financial
Illinois
$125K -$200K -27,105 -63%
Group One Trading
20
Group One Trading
Illinois
$82.6K +$12.7K +1,716 +20%
SFO
21
Stokes Family Office
Louisiana
$79.5K
CS
22
Credit Suisse
Switzerland
$79.5K +$73.8K +10,000 New
Bank of America
23
Bank of America
North Carolina
$54.4K -$5.81K -788 -10%
Barclays
24
Barclays
United Kingdom
$35.8K
Simplex Trading
25
Simplex Trading
Illinois
$35K +$5.88K +797 +21%

TEO Hedge Fund Activity: Q1 2024 in Review

32 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Telecom Argentina (TEO) for Q1 2024, worth a combined $67.6M — up 3.8% from $65.1M a quarter earlier.

Sellers outnumbered buyers: 13 funds closed out of TEO and 4 opened new positions — a net loss of 9 holders — while 9 trimmed existing stakes and 10 added.

The largest buyer was RWC Asset Advisors, adding an estimated $6.71M. The largest seller was Redwood Capital Management, cutting an estimated $8.32M.

  • 32 institutional investors held Telecom Argentina (TEO) as of Q1 2024, down from 41 in Q4 2023.
  • Funds reported $67.6M of Telecom Argentina stock for Q1 2024, up 3.8% quarter-over-quarter.
  • 4 funds opened new Telecom Argentina positions in Q1 2024 and 13 closed out, a net change of -9 holders.
  • The largest Telecom Argentina buyer in Q1 2024 was RWC Asset Advisors, an estimated $6.71M added.
  • The largest Telecom Argentina seller in Q1 2024 was Redwood Capital Management, an estimated $8.32M sold.

Based on aggregated 13F filings for Q1 2024.