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Millicom

45 hedge funds and large institutions have $218M invested in Millicom in 2020 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 15 increasing their positions, 11 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

63% more first-time investments, than exits

New positions opened: 13 | Existing positions closed: 8

36% more repeat investments, than reductions

Existing positions increased: 15 | Existing positions reduced: 11

13% more funds holding

Funds holding: 4045 (+5)

9% more capital invested

Capital invested by funds: $200M → $218M (+$18.2M)

1.28% more ownership

Funds ownership: 6.91%8.19% (+1.3%)

Holders
45
Holders Change
+5
Holders Change %
+12.5%
% of All Funds
0.92%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.04%
New
13
Increased
15
Reduced
11
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
FMI
1
Fiduciary Management Inc
Wisconsin
$52.2M -$11.2M -429,700 -18%
Fidelity Investments
2
Fidelity Investments
Massachusetts
$34.1M +$16.1M +621,263 +91%
CSC
3
Cove Street Capital
California
$27.1M +$4.92M +189,654 +22%
MCM
4
MAI Capital Management
Ohio
$26.5M -$21.4K -825 -0.1%
First Trust Advisors
5
First Trust Advisors
Illinois
$24.5M +$11.5M +444,019 +90%
GI
6
GAMCO Investors
Connecticut
$19.9M -$2.54M -97,721 -11%
Renaissance Technologies
7
Renaissance Technologies
New York
$8.14M +$6.36M +244,879 +370%
California Public Employees Retirement System
8
California Public Employees Retirement System
California
$6.1M +$6.06M +233,315 New
MCM
9
Moon Capital Management
New York
$2.68M +$2.14M +82,517 +413%
Citadel Advisors
10
Citadel Advisors
Florida
$2.66M +$2.04M +78,752 +344%
Morgan Stanley
11
Morgan Stanley
New York
$2.38M +$641K +24,704 +37%
Geode Capital Management
12
Geode Capital Management
Massachusetts
$2.09M +$219K +8,440 +12%
Russell Investments Group
13
Russell Investments Group
United Kingdom
$2.09M +$927K +35,700 +81%
GF
14
Gabelli Funds
New York
$1.44M -$672K -25,900 -32%
Royal Bank of Canada
15
Royal Bank of Canada
Ontario, Canada
$973K +$177K +6,800 +22%
Marshall Wace
16
Marshall Wace
United Kingdom
$665K +$660K +25,417 New
OAM
17
Oppenheimer Asset Management
New York
$641K -$37K -1,427 -5%
DC
18
Davenport & Co
Virginia
$621K +$66.7K +2,570 +12%
BFIM
19
Beese Fulmer Investment Management
Ohio
$468K -$54K -2,080 -10%
PP
20
PDT Partners
New York
$444K +$441K +16,980 New
PPA
21
Parametric Portfolio Associates
Washington
$393K -$415 -16 -0.1%
JP Morgan Chase
22
JP Morgan Chase
New York
$318K +$226K +8,709 +252%
MIS
23
Morningstar Investment Services
Illinois
$301K +$68.1K +2,624 +29%
Truist Financial
24
Truist Financial
North Carolina
$281K +$279K +10,750 New
GCP
25
GSA Capital Partners
United Kingdom
$236K +$234K +9,028 New

TIGO Hedge Fund Activity: Q2 2020 in Review

45 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in Millicom (TIGO) for Q2 2020, worth a combined $218M — up 9.1% from $200M a quarter earlier.

Buyers outnumbered sellers: 13 funds opened new TIGO positions and 8 closed out — a net gain of 5 holders — while 15 added to existing stakes and 11 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $16.1M. The largest seller was Fiduciary Management Inc, cutting an estimated $11.2M.

  • 45 institutional investors held Millicom (TIGO) as of Q2 2020, up from 40 in Q1 2020.
  • Funds reported $218M of Millicom stock for Q2 2020, up 9.1% quarter-over-quarter.
  • 13 funds opened new Millicom positions in Q2 2020 and 8 closed out, a net change of +5 holders.
  • The largest Millicom buyer in Q2 2020 was Fidelity Investments, an estimated $16.1M added.
  • The largest Millicom seller in Q2 2020 was Fiduciary Management Inc, an estimated $11.2M sold.

Based on aggregated 13F filings for Q2 2020.