Millicom
TIGO
48 hedge funds and large institutions have $219M invested in Millicom in 2021 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 16 increasing their positions, 17 reducing their positions, and 8 closing their positions.
38% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 8
4% more funds holding
Funds holding: 46 → 48 (+2)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.19% less ownership
Funds ownership: 5.81% → 5.62% (-0.19%)
4% less capital invested
Capital invested by funds: $228M → $219M (-$9.66M)
6% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$9.37M |
| 2 |
CSC
Cove Street Capital
El Segundo,
California
|
+$5.08M |
| 3 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$4.42M |
| 4 |
Rockefeller Capital Management
New York
|
+$902K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$720K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$21.9M |
| 2 |
MCM
MAI Capital Management
Independence,
Ohio
|
-$1.93M |
| 3 |
Morgan Stanley
New York
|
-$1.76M |
| 4 |
California Public Employees Retirement System
Sacramento,
California
|
-$1.63M |
| 5 |
FMI
Fiduciary Management Inc
Milwaukee,
Wisconsin
|
-$1.41M |
TIGO Hedge Fund Activity: Q1 2021 in Review
48 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Millicom (TIGO) for Q1 2021, worth a combined $219M — down 4.2% from $228M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new TIGO positions and 8 closed out — a net gain of 3 holders — while 16 added to existing stakes and 17 trimmed.
The largest buyer was Renaissance Technologies, adding an estimated $9.37M. The largest seller was Fidelity Investments, cutting an estimated $21.9M.
- 48 institutional investors held Millicom (TIGO) as of Q1 2021, up from 46 in Q4 2020.
- Funds reported $219M of Millicom stock for Q1 2021, down 4.2% quarter-over-quarter.
- 11 funds opened new Millicom positions in Q1 2021 and 8 closed out, a net change of +3 holders.
- The largest Millicom buyer in Q1 2021 was Renaissance Technologies, an estimated $9.37M added.
- The largest Millicom seller in Q1 2021 was Fidelity Investments, an estimated $21.9M sold.
Based on aggregated 13F filings for Q1 2021.