Millicom
TIGO
59 hedge funds and large institutions have $101M invested in Millicom in 2022 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 30 increasing their positions, 5 reducing their positions, and 11 closing their positions.
500% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 5
55% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 11
7% more funds holding
Funds holding: 55 → 59 (+4)
2.01% more ownership
Funds ownership: 5% → 7.01% (+2%)
20% less capital invested
Capital invested by funds: $126M → $101M (-$24.9M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BIP
Brandes Investment Partners
La Jolla,
California
|
+$39.9M |
| 2 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
+$9.86M |
| 3 |
Millennium Management
New York
|
+$6.86M |
| 4 |
CSC
Cove Street Capital
El Segundo,
California
|
+$4.24M |
| 5 |
Marshall Wace
London,
United Kingdom
|
+$3.61M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FMI
Fiduciary Management Inc
Milwaukee,
Wisconsin
|
-$40.5M |
| 2 |
PL
Parkwood LLC
Cleveland,
Ohio
|
-$5.34M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$2.64M |
| 4 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$992K |
| 5 |
HF
HRT Financial
New York
|
-$826K |
TIGO Hedge Fund Activity: Q2 2022 in Review
59 of the 5,959 institutional investors tracked by Wall St. Rank reported a position in Millicom (TIGO) for Q2 2022, worth a combined $101M — down 20% from $126M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new TIGO positions and 11 closed out — a net gain of 6 holders — while 30 added to existing stakes and 5 trimmed.
The largest buyer was Brandes Investment Partners, opening a new position worth an estimated $39.9M. The largest seller was Fiduciary Management Inc, exiting entirely with an estimated $40.5M sold.
- 59 institutional investors held Millicom (TIGO) as of Q2 2022, up from 55 in Q1 2022.
- Funds reported $101M of Millicom stock for Q2 2022, down 20% quarter-over-quarter.
- 17 funds opened new Millicom positions in Q2 2022 and 11 closed out, a net change of +6 holders.
- The largest Millicom buyer in Q2 2022 was Brandes Investment Partners, an estimated $39.9M added.
- The largest Millicom seller in Q2 2022 was Fiduciary Management Inc, an estimated $40.5M sold.
Based on aggregated 13F filings for Q2 2022.