Millicom
TIGO
46 hedge funds and large institutions have $151M invested in Millicom in 2021 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 12 increasing their positions, 20 reducing their positions, and 13 closing their positions.
0.77% less ownership
Funds ownership: 4.89% → 4.12% (-0.77%)
13% less funds holding
Funds holding: 53 → 46 (-7)
25% less capital invested
Capital invested by funds: $202M → $151M (-$50.3M)
40% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 20
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
54% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PL
Parkwood LLC
Cleveland,
Ohio
|
+$1.65M |
| 2 |
Mitsubishi UFJ Trust & Banking
Tokyo,
Japan
|
+$1.1M |
| 3 |
DC
Davenport & Co
Richmond,
Virginia
|
+$836K |
| 4 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
+$447K |
| 5 |
PCMC
Private Capital Management (Colorado)
Denver,
Colorado
|
+$405K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$13.2M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$6.7M |
| 3 |
CCIA
Campbell & Co Investment Adviser
Baltimore,
Maryland
|
-$5.79M |
| 4 |
MCM
MAI Capital Management
Independence,
Ohio
|
-$2.78M |
| 5 |
FMI
Fiduciary Management Inc
Milwaukee,
Wisconsin
|
-$2.41M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Wells Fargo
San Francisco,
California
| – | -$294K | -7,639 | -100% |
|
|
SFI
52
Susquehanna Fundamental Investments
Bala Cynwyd,
Pennsylvania
| – | -$301K | -7,616 | Closed |
|
|
RJFSA
53
Raymond James Financial Services Advisors
St. Petersburg,
Florida
| – | -$257K | -6,500 | Closed |
|
|
ECM
54
ExodusPoint Capital Management
New York
| – | -$218K | -5,500 | Closed |
|
55
SG Americas Securities
New York
| – | -$129K | -3,259 | Closed |
|
56
Optiver Holding
Amsterdam,
Netherlands
| – | -$75K | -1,896 | Closed |
|
57
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$8K | -200 | Closed |
|
|
EA
58
Emerald Advisers
Leola,
Pennsylvania
| – | -$1K | -22 | Closed |
|
TIGO Hedge Fund Activity: Q3 2021 in Review
46 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Millicom (TIGO) for Q3 2021, worth a combined $151M — down 25% from $202M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of TIGO and 6 opened new positions — a net loss of 7 holders — while 20 trimmed existing stakes and 12 added.
The largest buyer was Parkwood LLC, adding an estimated $1.65M. The largest seller was Renaissance Technologies, cutting an estimated $13.2M.
- 46 institutional investors held Millicom (TIGO) as of Q3 2021, down from 53 in Q2 2021.
- Funds reported $151M of Millicom stock for Q3 2021, down 25% quarter-over-quarter.
- 6 funds opened new Millicom positions in Q3 2021 and 13 closed out, a net change of -7 holders.
- The largest Millicom buyer in Q3 2021 was Parkwood LLC, an estimated $1.65M added.
- The largest Millicom seller in Q3 2021 was Renaissance Technologies, an estimated $13.2M sold.
Based on aggregated 13F filings for Q3 2021.