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Millicom

50 hedge funds and large institutions have $337M invested in Millicom in 2019 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 10 increasing their positions, 19 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% more funds holding

Funds holding: 5050 (0)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

0% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 9

0.06% less ownership

Funds ownership: 6.9%6.84% (-0.06%)

13% less capital invested

Capital invested by funds: $389M → $337M (-$52.1M)

47% less repeat investments, than reductions

Existing positions increased: 10 | Existing positions reduced: 19

Holders
50
Holders Change
Holders Change %
0%
% of All Funds
1.1%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.04%
New
9
Increased
10
Reduced
19
Closed
9
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
FMI
1
Fiduciary Management Inc
Wisconsin
$137M -$178K -3,400 -0.1%
GI
2
GAMCO Investors
Connecticut
$54.3M -$7.68M -146,999 -12%
JMH
3
J.M. Hartwell
New York
$50M -$117K -2,250 -0.2%
CSC
4
Cove Street Capital
California
$39.5M -$1.22M -23,356 -3%
First Trust Advisors
5
First Trust Advisors
Illinois
$18.5M +$19.9M +380,885 New
Wellington Management Group
6
Wellington Management Group
Massachusetts
$6.86M +$157K +3,003 +2%
GF
7
Gabelli Funds
New York
$5.27M +$183K +3,500 +3%
Massachusetts Financial Services
8
Massachusetts Financial Services
Massachusetts
$4.7M
Geode Capital Management
9
Geode Capital Management
Massachusetts
$2.88M -$17.5K -336 -0.6%
DC
10
Davenport & Co
Virginia
$2.12M -$14.4K -275 -0.7%
Russell Investments Group
11
Russell Investments Group
United Kingdom
$2.06M -$815K -15,600 -27%
Royal Bank of Canada
12
Royal Bank of Canada
Ontario, Canada
$1.19M
Fidelity Investments
13
Fidelity Investments
Massachusetts
$1.18M +$835 +16 +0.1%
BFIM
14
Beese Fulmer Investment Management
Ohio
$1.09M -$91.9K -1,760 -7%
Assenagon Asset Management
15
Assenagon Asset Management
Luxembourg
$1.04M +$1.12M +21,370 New
OAM
16
Oppenheimer Asset Management
New York
$976K -$7.15K -137 -0.7%
MDSL
17
M.D. Sass LLC
New York
$803K -$453K -8,670 -34%
HSBC Holdings
18
HSBC Holdings
United Kingdom
$798K -$388K -7,427 -31%
Renaissance Technologies
19
Renaissance Technologies
New York
$759K +$10.4K +200 +1%
PPA
20
Parametric Portfolio Associates
Washington
$754K -$6.79K -130 -0.8%
MCM
21
Moon Capital Management
New York
$735K +$788K +15,100 New
OBGC
22
O'Brien Greene & Co
Pennsylvania
$706K +$183K +3,500 +32%
Goldman Sachs
23
Goldman Sachs
New York
$631K +$677K +12,957 New
MIS
24
Morningstar Investment Services
Illinois
$540K -$60.4K -1,157 -9%
Bank of America
25
Bank of America
North Carolina
$500K +$32.5K +622 +6%

TIGO Hedge Fund Activity: Q3 2019 in Review

50 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Millicom (TIGO) for Q3 2019, worth a combined $337M — down 13% from $389M a quarter earlier.

Fund positioning in TIGO was balanced in Q3 2019: 9 funds opened new positions, 9 closed out, 10 added to existing stakes and 19 trimmed.

The largest buyer was First Trust Advisors, opening a new position worth an estimated $19.9M. The largest seller was Morgan Stanley, cutting an estimated $11.5M.

  • 50 institutional investors held Millicom (TIGO) as of Q3 2019, unchanged from Q2 2019.
  • Funds reported $337M of Millicom stock for Q3 2019, down 13% quarter-over-quarter.
  • 9 funds opened new Millicom positions in Q3 2019 and 9 closed out, a net change of 0 holders.
  • The largest Millicom buyer in Q3 2019 was First Trust Advisors, an estimated $19.9M added.
  • The largest Millicom seller in Q3 2019 was Morgan Stanley, an estimated $11.5M sold.

Based on aggregated 13F filings for Q3 2019.