Millicom
TIGO
51 hedge funds and large institutions have $79.4M invested in Millicom in 2022 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 19 increasing their positions, 15 reducing their positions, and 14 closing their positions.
27% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 15
25% more call options, than puts
Call options by funds: $5K | Put options by funds: $4K
2.93% less ownership
Funds ownership: 7.01% → 4.08% (-2.9%)
14% less funds holding
Funds holding: 59 → 51 (-8)
22% less capital invested
Capital invested by funds: $101M → $79.4M (-$21.9M)
57% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 14
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BIP
Brandes Investment Partners
La Jolla,
California
|
+$10.8M |
| 2 |
RG
Renaissance Group
Covington,
Kentucky
|
+$547K |
| 3 |
BA
Bridgewater Associates
Westport,
Connecticut
|
+$520K |
| 4 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$356K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$306K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$4.14M |
| 2 |
CSC
Cove Street Capital
El Segundo,
California
|
-$3.09M |
| 3 |
Renaissance Technologies
New York
|
-$1.75M |
| 4 |
NCM
Newfoundland Capital Management
Sao Paulo,
Brazil
|
-$1.53M |
| 5 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
-$1.06M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SWM
51
Spire Wealth Management
Mclean,
Virginia
| – | -$495K | -34,457 | Closed |
|
|
IUHSA
52
Itau Unibanco Holding S.A.
Sao Paulo,
Brazil
| – | -$310K | -21,570 | Closed |
|
|
EGM
53
Engineers Gate Manager
New York
| – | -$243K | -16,903 | Closed |
|
|
PP
54
PDT Partners
New York
| – | -$192K | -13,362 | Closed |
|
55
Two Sigma Advisers
New York
| – | -$172K | -12,000 | Closed |
|
|
XT
56
XTX Topco
George Town,
Cayman Islands
| – | -$153K | -10,661 | Closed |
|
|
PCMC
57
Private Capital Management (Colorado)
Denver,
Colorado
| – | -$265K | -10,511 | Closed |
|
58
Citigroup
New York
| – | -$29K | -2,000 | Closed |
|
|
WTC
59
WhitTier Trust Company
Reno,
Nevada
| – | -$3K | -200 | Closed |
|
|
S
60
SignatureFD
Atlanta,
Georgia
| – | -$2K | -159 | Closed |
|
|
LC
61
Lindbrook Capital
Calabasas,
California
| – | -$1K | -68 | Closed |
|
TIGO Hedge Fund Activity: Q3 2022 in Review
51 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Millicom (TIGO) for Q3 2022, worth a combined $79.4M — down 22% from $101M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of TIGO and 6 opened new positions — a net loss of 8 holders — while 15 trimmed existing stakes and 19 added.
The largest buyer was Brandes Investment Partners, adding an estimated $10.8M. The largest seller was Millennium Management, cutting an estimated $4.14M.
- 51 institutional investors held Millicom (TIGO) as of Q3 2022, down from 59 in Q2 2022.
- Funds reported $79.4M of Millicom stock for Q3 2022, down 22% quarter-over-quarter.
- 6 funds opened new Millicom positions in Q3 2022 and 14 closed out, a net change of -8 holders.
- The largest Millicom buyer in Q3 2022 was Brandes Investment Partners, an estimated $10.8M added.
- The largest Millicom seller in Q3 2022 was Millennium Management, an estimated $4.14M sold.
Based on aggregated 13F filings for Q3 2022.