Millicom
TIGO
62 hedge funds and large institutions have $133M invested in Millicom in 2023 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 24 increasing their positions, 17 reducing their positions, and 12 closing their positions.
41% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 17
40% more capital invested
Capital invested by funds: $94.4M → $133M (+$38.2M)
25% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 12
5% more funds holding
Funds holding: 59 → 62 (+3)
0.3% less ownership
Funds ownership: 4.37% → 4.07% (-0.3%)
9% less call options, than puts
Call options by funds: $221K | Put options by funds: $242K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
+$1.28M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.22M |
| 3 |
Optiver Holding
Amsterdam,
Netherlands
|
+$1.17M |
| 4 |
IA
Investor AB
Stockholm,
Sweden
|
+$871K |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$380K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSC
Cove Street Capital
El Segundo,
California
|
-$6.8M |
| 2 |
Renaissance Technologies
New York
|
-$2.18M |
| 3 |
BIP
Brandes Investment Partners
La Jolla,
California
|
-$1.66M |
| 4 |
Rockefeller Capital Management
New York
|
-$961K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$911K |
TIGO Hedge Fund Activity: Q1 2023 in Review
62 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Millicom (TIGO) for Q1 2023, worth a combined $133M — up 40% from $94.4M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new TIGO positions and 12 closed out — a net gain of 3 holders — while 24 added to existing stakes and 17 trimmed.
The largest buyer was GAMCO Investors, adding an estimated $1.28M. The largest seller was Cove Street Capital, cutting an estimated $6.8M.
- 62 institutional investors held Millicom (TIGO) as of Q1 2023, up from 59 in Q4 2022.
- Funds reported $133M of Millicom stock for Q1 2023, up 40% quarter-over-quarter.
- 15 funds opened new Millicom positions in Q1 2023 and 12 closed out, a net change of +3 holders.
- The largest Millicom buyer in Q1 2023 was GAMCO Investors, an estimated $1.28M added.
- The largest Millicom seller in Q1 2023 was Cove Street Capital, an estimated $6.8M sold.
Based on aggregated 13F filings for Q1 2023.