Millicom
TIGO
40 hedge funds and large institutions have $200M invested in Millicom in 2020 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 13 increasing their positions, 13 reducing their positions, and 9 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 13
0.24% less ownership
Funds ownership: 7.15% → 6.91% (-0.24%)
11% less funds holding
Funds holding: 45 → 40 (-5)
33% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 9
43% less capital invested
Capital invested by funds: $349M → $200M (-$149M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$19M |
| 2 |
Morgan Stanley
New York
|
+$2.69M |
| 3 |
Renaissance Technologies
New York
|
+$909K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$667K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$515K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FMI
Fiduciary Management Inc
Milwaukee,
Wisconsin
|
-$26.7M |
| 2 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
-$3.67M |
| 3 |
CSC
Cove Street Capital
El Segundo,
California
|
-$695K |
| 4 |
OBGC
O'Brien Greene & Co
Media,
Pennsylvania
|
-$603K |
| 5 |
GF
Gabelli Funds
Rye,
New York
|
-$477K |
TIGO Hedge Fund Activity: Q1 2020 in Review
40 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Millicom (TIGO) for Q1 2020, worth a combined $200M — down 43% from $349M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of TIGO and 6 opened new positions — a net loss of 3 holders — while 13 trimmed existing stakes and 13 added.
The largest buyer was Fidelity Investments, adding an estimated $19M. The largest seller was Fiduciary Management Inc, cutting an estimated $26.7M.
- 40 institutional investors held Millicom (TIGO) as of Q1 2020, down from 45 in Q4 2019.
- Funds reported $200M of Millicom stock for Q1 2020, down 43% quarter-over-quarter.
- 6 funds opened new Millicom positions in Q1 2020 and 9 closed out, a net change of -3 holders.
- The largest Millicom buyer in Q1 2020 was Fidelity Investments, an estimated $19M added.
- The largest Millicom seller in Q1 2020 was Fiduciary Management Inc, an estimated $26.7M sold.
Based on aggregated 13F filings for Q1 2020.