Vault-13

TELECOM ARGENTINA SA TEO

SPON ADR REP B · ADR · CUSIP 879273209

Argentine telecommunications company

43 institutional holders +10 vs Q1 2024
7,989,2898.0m shares reported held*
$57.8mreported value*
15 new 8 added 8 reduced 5 sold out net sold ≈ $14.5m (-2.1m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $7.23. Options: 5 managers hold calls ($171.9k notional), 4 hold puts ($215.4k).

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 31Q4 22: 28Q1 23: 34Q2 23: 36Q3 23: 38Q4 23: 42Q1 24: 33Q2 24: 4343Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 202231
Q4 202228
Q1 202334
Q2 202336
Q3 202338
Q4 202342
Q1 202433
Q2 202443

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
40040Q4 22: 8 bought or addedQ4 22: 15 cut or sold outQ4 22Q1 23: 14 bought or addedQ1 23: 10 cut or sold outQ2 23: 16 bought or addedQ2 23: 8 cut or sold outQ2 23Q3 23: 13 bought or addedQ3 23: 18 cut or sold outQ4 23: 23 bought or addedQ4 23: 18 cut or sold outQ4 23Q1 24: 14 bought or addedQ1 24: 22 cut or sold outQ2 24: 23 bought or addedQ2 24: 13 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 2022815
Q1 20231410
Q2 2023168
Q3 20231318
Q4 20232318
Q1 20241422
Q2 20242313

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$100k$200k$300k$400kQ3 23 calls: $15.8kQ3 23 puts: $66.1kQ3 23P/C 4.18Q4 23 calls: $341.8kQ4 23 puts: $145.2kQ4 23P/C 0.42Q1 24 calls: $334.5kQ1 24 puts: $243.6kQ1 24P/C 0.73Q2 24 calls: $171.9kQ2 24 puts: $215.4kQ2 24P/C 1.25
Numbers
QuarterCallsPutsP/C
Q3 2023$15.8k$66.1k4.18
Q4 2023$341.8k$145.2k0.42
Q1 2024$334.5k$243.6k0.73
Q2 2024$171.9k$215.4k1.25

Biggest buyers

OAKTREE CAPITAL MANAGEMENT LP Added +369,732+369.7k
D. E. Shaw & Co., Inc. New +93,120+93.1k
BNP PARIBAS FINANCIAL MARKETS Added +91,824+91.8k
CITADEL ADVISORS LLC New +82,858+82.9k
Freedom Investment Management, Inc. New +81,170+81.2k
TWO SIGMA INVESTMENTS, LP New +46,506+46.5k
Cubist Systematic Strategies, LLC New +46,230+46.2k
Quadrature Capital Ltd New +31,979+32.0k
B. Riley Wealth Advisors, Inc. New +24,000+24.0k
Jump Financial, LLC Added +20,689+20.7k

Biggest sellers

REDWOOD CAPITAL MANAGEMENT, LLC Reduced -2,091,442-2.1m
MORGAN STANLEY Reduced -481,895-481.9k
Mirae Asset Global Investments Co., Ltd. Sold out -269,285-269.3k
RENAISSANCE TECHNOLOGIES LLC Sold out -84,077-84.1k
RWC ASSET ADVISORS (US) LLC Reduced -61,460-61.5k
MILLENNIUM MANAGEMENT LLC Reduced -27,775-27.8k
Walleye Capital LLC Sold out -22,940-22.9k
GROUP ONE TRADING LLC Reduced -8,178-8.2k
Invesco Ltd. Reduced -5,484-5.5k
Mariner, LLC Reduced -2,048-2.0k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $109.2k15.1k shares
CITADEL ADVISORS LLC Added $39.8k5.5k shares
SIMPLEX TRADING, LLC Added $15.0k2.1k shares
GROUP ONE TRADING LLC New $8.0k1.1k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

SIMPLEX TRADING, LLC Added $91.0k12.7k shares
CITADEL ADVISORS LLC Reduced $87.5k12.1k shares
GROUP ONE TRADING LLC Added $36.9k5.1k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Insider purchases and sales in Q2 2024

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

None reported in Q2 2024.

Holders, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 OAKTREE CAPITAL MANAGEMENT LP 0.38% of their portfolio LOS ANGELES, CA 3,019,0883.0m $21.8m $21.8m 0.38% Added +369.7k +369,732
2 RWC ASSET ADVISORS (US) LLC 0.85% of their portfolio MIAMI, FL 1,157,1221.2m $8.4m $8.4m 0.85% Reduced -61.5k -61,460
3 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.02% of their portfolio CAUSEWAY BAY, K3 1,071,5131.1m $7.7m $7.7m 0.02% First filing
4 Discerene Group LP 0.74% of their portfolio STAMFORD, CT 667,890667.9k $4.8m $4.8m 0.74% Unchanged
5 RWC Asset Management LLP 0.19% of their portfolio LONDON, X0 371,578371.6k $2.7m $2.7m 0.19% Unchanged
6 REDWOOD CAPITAL MANAGEMENT, LLC 0.38% of their portfolio New York, NY 340,428340.4k $2.5m $2.5m 0.38% Reduced -2.1m -2,091,442
7 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 180,721180.7k $1.3m $1.3m 0.00% Reduced -481.9k -481,895
8 Duquesne Family Office LLC 0.04% of their portfolio New York, NY 143,051143.1k $1.0m $1.0m 0.04% Unchanged
9 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 136,694136.7k $988.3k $988.3k 0.00% Added +91.8k +91,824
10 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 96,35796.4k $696.7k $696.7k 0.00% Added +18.0k +17,955
11 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 93,12093.1k $673.3k $673.3k 0.00% New
12 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 82,85882.9k $599.1k $599.1k 0.00% New
13 Freedom Investment Management, Inc. 0.05% of their portfolio SOUTH WINDSOR, CT 81,17081.2k $586.9k $586.9k 0.05% New
14 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 74,80774.8k $540.9k $540.9k 0.00% Reduced -5.5k -5,484
15 STOREBRAND ASSET MANAGEMENT AS 0.00% of their portfolio LYSAKER, Q8 72,70072.7k $525.6k $525.6k 0.00% Unchanged
16 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 62,46762.5k $451.6k $451.6k 0.00% Reduced -27.8k -27,775
17 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 46,50646.5k $336.2k $336.2k 0.00% New
18 Cubist Systematic Strategies, LLC 0.01% of their portfolio STAMFORD, CT 46,23046.2k $334.2k $334.2k 0.01% New
19 Jump Financial, LLC 0.01% of their portfolio Chicago, IL 36,40036.4k $263.2k $263.2k 0.01% Added +20.7k +20,689
20 Quadrature Capital Ltd 0.00% of their portfolio LONDON, X0 31,97932.0k $230.9k $230.9k 0.00% New
21 GABELLI FUNDS LLC 0.00% of their portfolio Rye, NY 31,00031.0k $224.1k $224.1k 0.00% Unchanged
22 Mariner, LLC 0.00% of their portfolio Overland Park, KS 30,19630.2k $218.3k $218.3k 0.00% Reduced -2.0k -2,048
23 B. Riley Wealth Advisors, Inc. 0.00% of their portfolio MEMPHIS, TN 24,00024.0k $173.5k $173.5k 0.00% New
24 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 20,10020.1k $145.3k $145.3k 0.00% Reduced -1.2k -1,240
25 PFG Investments, LLC 0.01% of their portfolio WOODBURY, NY 14,40014.4k $104.1k $104.1k 0.01% New
26 Qube Research & Technologies Ltd 0.00% of their portfolio LONDON, X0 13,95514.0k $100.9k $100.9k 0.00% New
27 Stokes Family Office, LLC 0.01% of their portfolio NEW ORLEANS, LA 10,00010.0k $72.3k $72.3k 0.01% Unchanged
28 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 8,9508.9k $64.7k $64.7k 0.00% New
29 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 7,2577.3k $52.5k $52.5k 0.00% Added +409 +409
30 SIMPLEX TRADING, LLC 0.00% of their portfolio CHICAGO, IL 6,2456.2k $45.0k $45.0k 0.00% Added +1.7k +1,738
31 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 4,5004.5k $32.5k $32.5k 0.00% Unchanged
32 GROUP ONE TRADING LLC 0.00% of their portfolio CHICAGO, IL 2,2162.2k $16.0k $16.0k 0.00% Reduced -8.2k -8,178
33 CIBC Private Wealth Group LLC 0.00% of their portfolio ATLANTA, GA 1,6141.6k $11.2k $11.2k 0.00% Unchanged
34 Blue Trust, Inc. 0.00% of their portfolio BRENTWOOD, TN 696696 $5.5k $5.5k 0.00% New
35 GAMMA Investing LLC 0.00% of their portfolio FOSTER CITY, CA 599599 $4.3k $4.3k 0.00% Added +241 +241
36 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 298298 $2.2k $2.2k 0.00% New
37 Perritt Capital Management Inc 0.00% of their portfolio Chicago, IL 229229 $1.7k $1.7k 0.00% Unchanged
38 Farther Finance Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 164164 $1.1k $1.1k 0.00% New
39 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 161161 $1.0k $1.0k 0.00% Added +100 +100
40 Creekmur Asset Management LLC 0.00% of their portfolio MORTON, IL 2626 $188 $188 0.00% New
41 Financial Gravity Asset Management, Inc. 0.00% of their portfolio Lakeway, TX 33 $22 $22 0.00% New
42 Activest Wealth Management 0.00% of their portfolio AVENTURA, FL 11 $4 $4 0.00% Unchanged
43 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged