Millicom
TIGO
45 hedge funds and large institutions have $218M invested in Millicom in 2020 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 15 increasing their positions, 11 reducing their positions, and 8 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
63% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 8
36% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 11
13% more funds holding
Funds holding: 40 → 45 (+5)
9% more capital invested
Capital invested by funds: $200M → $218M (+$18.2M)
1.28% more ownership
Funds ownership: 6.91% → 8.19% (+1.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$16.1M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
+$11.5M |
| 3 |
Renaissance Technologies
New York
|
+$6.36M |
| 4 |
California Public Employees Retirement System
Sacramento,
California
|
+$6.06M |
| 5 |
CSC
Cove Street Capital
El Segundo,
California
|
+$4.92M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FMI
Fiduciary Management Inc
Milwaukee,
Wisconsin
|
-$11.2M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$4.25M |
| 3 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
-$2.54M |
| 4 |
Millennium Management
New York
|
-$734K |
| 5 |
GF
Gabelli Funds
Rye,
New York
|
-$672K |
TIGO Hedge Fund Activity: Q2 2020 in Review
45 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in Millicom (TIGO) for Q2 2020, worth a combined $218M — up 9.1% from $200M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new TIGO positions and 8 closed out — a net gain of 5 holders — while 15 added to existing stakes and 11 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $16.1M. The largest seller was Fiduciary Management Inc, cutting an estimated $11.2M.
- 45 institutional investors held Millicom (TIGO) as of Q2 2020, up from 40 in Q1 2020.
- Funds reported $218M of Millicom stock for Q2 2020, up 9.1% quarter-over-quarter.
- 13 funds opened new Millicom positions in Q2 2020 and 8 closed out, a net change of +5 holders.
- The largest Millicom buyer in Q2 2020 was Fidelity Investments, an estimated $16.1M added.
- The largest Millicom seller in Q2 2020 was Fiduciary Management Inc, an estimated $11.2M sold.
Based on aggregated 13F filings for Q2 2020.