Millicom
TIGO
45 hedge funds and large institutions have $349M invested in Millicom in 2019 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 14 increasing their positions, 14 reducing their positions, and 10 closing their positions.
3% more capital invested
Capital invested by funds: $337M → $349M (+$11.7M)
0.31% more ownership
Funds ownership: 6.84% → 7.15% (+0.31%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 14
10% less funds holding
Funds holding: 50 → 45 (-5)
40% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
MAI Capital Management
Independence,
Ohio
|
+$46.7M |
| 2 |
FMI
Fiduciary Management Inc
Milwaukee,
Wisconsin
|
+$11.5M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$9.33M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
+$4.72M |
| 5 |
CSC
Cove Street Capital
El Segundo,
California
|
+$2.35M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
-$7.71M |
| 2 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$4.7M |
| 3 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$1.04M |
| 4 |
HSBC Holdings
London,
United Kingdom
|
-$798K |
| 5 |
DC
Davenport & Co
Richmond,
Virginia
|
-$787K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Rockefeller Capital Management
New York
| – | -$25K | -520 | Closed |
|
|
HI
52
Human Investing
Lake Oswego,
Oregon
| – | -$1K | -13 | Closed |
|
53
US Bancorp
Minneapolis,
Minnesota
| – | -$1K | -12 | Closed |
|
54
Barclays
London,
United Kingdom
| – | +$46 | +1 | New |
|
TIGO Hedge Fund Activity: Q4 2019 in Review
45 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Millicom (TIGO) for Q4 2019, worth a combined $349M — up 3.5% from $337M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of TIGO and 6 opened new positions — a net loss of 4 holders — while 14 trimmed existing stakes and 14 added.
The largest buyer was MAI Capital Management, opening a new position worth an estimated $46.7M. The largest seller was GAMCO Investors, cutting an estimated $7.71M.
- 45 institutional investors held Millicom (TIGO) as of Q4 2019, down from 50 in Q3 2019.
- Funds reported $349M of Millicom stock for Q4 2019, up 3.5% quarter-over-quarter.
- 6 funds opened new Millicom positions in Q4 2019 and 10 closed out, a net change of -4 holders.
- The largest Millicom buyer in Q4 2019 was MAI Capital Management, an estimated $46.7M added.
- The largest Millicom seller in Q4 2019 was GAMCO Investors, an estimated $7.71M sold.
Based on aggregated 13F filings for Q4 2019.