Millicom
TIGO
60 hedge funds and large institutions have $115M invested in Millicom in 2023 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 20 increasing their positions, 21 reducing their positions, and 11 closing their positions.
396% more call options, than puts
Call options by funds: $119K | Put options by funds: $24K
12% more capital invested
Capital invested by funds: $102M → $115M (+$12.2M)
0.41% more ownership
Funds ownership: 3.9% → 4.31% (+0.41%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 21
9% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 11
2% less funds holding
Funds holding: 61 → 60 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BIP
Brandes Investment Partners
La Jolla,
California
|
+$15.7M |
| 2 |
SSA
Schonfeld Strategic Advisors
New York
|
+$648K |
| 3 |
Optiver Holding
Amsterdam,
Netherlands
|
+$286K |
| 4 |
RG
Renaissance Group
Covington,
Kentucky
|
+$269K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$183K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSC
Cove Street Capital
El Segundo,
California
|
-$2.33M |
| 2 |
Rockefeller Capital Management
New York
|
-$638K |
| 3 |
Renaissance Technologies
New York
|
-$474K |
| 4 |
BA
Bridgewater Associates
Westport,
Connecticut
|
-$314K |
| 5 |
SFI
Susquehanna Fundamental Investments
Bala Cynwyd,
Pennsylvania
|
-$310K |
TIGO Hedge Fund Activity: Q3 2023 in Review
60 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Millicom (TIGO) for Q3 2023, worth a combined $115M — up 12% from $102M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of TIGO and 10 opened new positions — a net loss of 1 holder — while 21 trimmed existing stakes and 20 added.
The largest buyer was Brandes Investment Partners, adding an estimated $15.7M. The largest seller was Cove Street Capital, cutting an estimated $2.33M.
- 60 institutional investors held Millicom (TIGO) as of Q3 2023, down from 61 in Q2 2023.
- Funds reported $115M of Millicom stock for Q3 2023, up 12% quarter-over-quarter.
- 10 funds opened new Millicom positions in Q3 2023 and 11 closed out, a net change of -1 holder.
- The largest Millicom buyer in Q3 2023 was Brandes Investment Partners, an estimated $15.7M added.
- The largest Millicom seller in Q3 2023 was Cove Street Capital, an estimated $2.33M sold.
Based on aggregated 13F filings for Q3 2023.