TIM S A TIMB
SPONSORED ADR · ADR · CUSIP 88706T108
Brazilian telecommunications company
- SectorCommunication
- IndustryTelephone Communications (No Radiotelephone)
- HeadquartersSão Paulo, Brazil
- Founded1995
- Websitetim.com.br
- FilingsSEC EDGAR
* 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 ($135.4k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $22.04. Options: 1 managers hold calls ($4.3k notional), 2 hold puts ($651.2k).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 89 |
| Q4 2022 | 91 |
| Q1 2023 | 88 |
| Q2 2023 | 90 |
| Q3 2023 | 102 |
| Q4 2023 | 106 |
| Q1 2024 | 113 |
| Q2 2024 | 121 |
| Q3 2024 | 127 |
| Q4 2024 | 129 |
| Q1 2025 | 121 |
| Q2 2025 | 122 |
| Q3 2025 | 132 |
| Q4 2025 | 142 |
| Q1 2026 | 165 |
| Q2 2026 | 168 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 62 | 58 |
| Q4 2024 | 67 | 68 |
| Q1 2025 | 63 | 65 |
| Q2 2025 | 66 | 53 |
| Q3 2025 | 90 | 44 |
| Q4 2025 | 79 | 62 |
| Q1 2026 | 96 | 66 |
| Q2 2026 | 84 | 83 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $26.8k | $0 | 0.00 |
| Q4 2025 | $42.8k | $0 | 0.00 |
| Q1 2026 | $7.9k | $378.8k | 47.67 |
| Q2 2026 | $4.3k | $651.2k | 152.00 |
Biggest buyers
| Tredje AP-fonden | Added | +316.6k |
| ALLIANCEBERNSTEIN L.P. | Added | +248.4k |
| Connor, Clark & Lunn Investment Management Ltd. | Added | +235.6k |
| Qube Research & Technologies Ltd | Added | +190.0k |
| ASSETMARK, INC | Added | +163.9k |
| UBS Group AG | Added | +122.6k |
| CITADEL ADVISORS LLC | Added | +96.8k |
| Creative Planning | Added | +85.5k |
| AMERICAN CENTURY COMPANIES INC | Added | +74.3k |
| D. E. Shaw & Co., Inc. | Added | +40.9k |
Biggest sellers
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Reduced | -380.8k |
| JPMORGAN CHASE & CO | Reduced | -349.7k |
| BANK OF AMERICA CORP /DE/ | Reduced | -227.4k |
| BlackRock, Inc. | Reduced | -226.6k |
| MARSHALL WACE, LLP | Sold out | -217.9k |
| Robeco Institutional Asset Management B.V. | Reduced | -184.9k |
| Point72 Asset Management, L.P. | Reduced | -176.9k |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. | Reduced | -154.0k |
| VANGUARD CAPITAL MANAGEMENT LLC | Reduced | -153.2k |
| Schonfeld Strategic Advisors LLC | Sold out | -71.5k |
Biggest calls
| SIMPLEX TRADING, LLC | Reduced | $4.3k200 shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $636.2k29.7k shares |
| SIMPLEX TRADING, LLC | Added | $15.0k700 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 since 1 Apr 2026
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.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 0 | — | 0 | — | — |
| Q3 2025 | 0 | — | 0 | — | — |
| Q4 2025 | 0 | — | 0 | — | — |
| Q1 2026 | 0 | — | 1 | — | — |
| Q2 2026 | 0 | — | 2 | — | — |
| Q3 2026 | 0 | — | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-06-23 | Viegas Marques Andrea Palma Chief Financial Officer | Sold | —35.0k shares |
| 2026-05-18 | Lima Auana Mattar Chief Information Officer | Sold | —8.2k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| Robeco Institutional Asset Management B.V. 0.10% of their portfolio | 3.8m $81.8m | Reduced -184.9k |
| RENAISSANCE TECHNOLOGIES LLC 0.05% of their portfolio | 1.7m $37.0m | Reduced -57.2k |
| ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio | 1.6m $42.9m | Added +248.4k |
| BlackRock, Inc. 0.00% of their portfolio | 1.1m $23.7m | Reduced -226.6k |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. 0.03% of their portfolio | 1.0m $22.3m | Reduced -154.0k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio | 817.9k $17.5m | Reduced -380.8k |
| AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio | 792.5k $17.0m | Added +74.3k |
| UBS Group AG 0.00% of their portfolio | 687.6k $14.7m | Added +122.6k |
| STATE STREET CORP 0.00% of their portfolio | 658.1k $14.3m | Reduced -18.2k |
| ASSETMARK, INC 0.02% of their portfolio | 654.4k $14.0m | Added +163.9k |
| Crossmark Global Holdings, Inc. 0.17% of their portfolio | 617.7k $13.2m | Added +1.0k |
| Connor, Clark & Lunn Investment Management Ltd. 0.02% of their portfolio | 595.2k $12.7m | Added +235.6k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 577.0k $12.5m | Reduced -349.7k |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.04% of their portfolio | 429.0k $9.2m | Added +17.2k |
| Tredje AP-fonden 0.04% of their portfolio | 378.4k $8.1m | Added +316.6k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 352.0k $7.5m | Reduced -153.2k |
| Qube Research & Technologies Ltd 0.01% of their portfolio | 346.1k $7.4m | Added +190.0k |
| Creative Planning 0.00% of their portfolio | 245.8k $5.3m | Added +85.5k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.00% of their portfolio | 223.1k $4.8m | Reduced -70.4k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 210.9k $4.5m | Added +96.8k |
| Point72 Asset Management, L.P. 0.01% of their portfolio | 201.3k $4.3m | Reduced -176.9k |
| MORGAN STANLEY 0.00% of their portfolio | 186.9k $4.0m | Reduced -41.4k |
| Legal & General Group Plc 0.00% of their portfolio | 169.3k $3.6m | Reduced -31.6k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 169.0k $3.6m | Added +4.9k |
| BRANDES INVESTMENT PARTNERS, LP 0.02% of their portfolio | 159.4k $3.4m | Reduced -1.3k |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio | 154.1k $3.3m | Added +38.2k |
| Vident Advisory, LLC 0.02% of their portfolio | 149.1k $3.2m | Reduced -4.3k |
| CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio | 143.3k $3.1m | Reduced -2.3k |
| RITHOLTZ WEALTH MANAGEMENT 0.05% of their portfolio | 143.2k $3.1m | Added +2.7k |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 142.1k $3.0m | Added +40.9k |
| Boston Partners 0.00% of their portfolio | 142.1k $3.0m | Added +12.2k |
| Altman Advisors, Inc. 0.90% of their portfolio | 117.3k $2.5m | Reduced -3.3k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 105.3k $2.3m | Added +23.0k |
| GABELLI FUNDS LLC 0.01% of their portfolio | 102.6k $2.2m | Unchanged |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 99.9k $2.1m | Reduced -35.3k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 95.0k $2.0m | Added +665 |
| Grantham, Mayo, Van Otterloo & Co. LLC 0.00% of their portfolio | 90.4k $1.9m | Unchanged |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 88.5k $1.9m | Reduced -797 |
| Sumitomo Mitsui Trust Group, Inc. 0.00% of their portfolio | 75.9k $1.6m | Added +12.0k |
| Quantinno Capital Management LP 0.00% of their portfolio | 74.2k $1.6m | Reduced -6.6k |
| ACADIAN ASSET MANAGEMENT LLC 0.00% of their portfolio | 68.8k $1.5m | Added +11.1k |
| TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio | 54.3k $1.2m | Reduced -1.9k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 45.9k $983.0k | Reduced -690 |
| Abacus Wealth Partners, LLC 0.10% of their portfolio | 45.5k $974.4k | Reduced -28.5k |
| Mariner, LLC 0.00% of their portfolio | 39.4k $844.8k | Added +3.4k |
| Caprock Group, LLC 0.02% of their portfolio | 38.7k $843.3k | Reduced -2.6k |
| VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio | 38.0k $813.5k | Unchanged |
| Cerity Partners LLC 0.00% of their portfolio | 36.7k $785.3k | Reduced -3.2k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 34.2k $732.6k | Added +2.4k |
| TD Waterhouse Canada Inc. 0.00% of their portfolio | 33.4k $713.0k | Added +1.5k |
| Sigma Planning Corp 0.02% of their portfolio | 33.4k $714.6k | New |
| Northwest & Ethical Investments L.P. 0.02% of their portfolio | 33.0k $706.9k | Added +18.4k |
| Y-Intercept (Hong Kong) Ltd 0.01% of their portfolio | 32.7k $699.4k | New |
| Engineers Gate Manager LP 0.01% of their portfolio | 32.1k $687.4k | Reduced -1.0k |
| Ethic Inc. 0.01% of their portfolio | 30.5k $654.2k | Reduced -2.5k |
| LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio | 30.5k $653.0k | Reduced -7.2k |
| Encompass More Asset Management 0.09% of their portfolio | 29.5k $632.4k | New |
| Vise Technologies, Inc. 0.01% of their portfolio | 28.2k $604.8k | Added +1.5k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 27.8k $595.2k | Added +1.3k |
| Aprio Wealth Management, LLC 0.03% of their portfolio | 27.3k $585.8k | Reduced -413 |
| Squarepoint Ops LLC 0.00% of their portfolio | 26.2k $561.7k | Added +8.2k |
| Vestmark Advisory Solutions, Inc. 0.01% of their portfolio | 26.1k $558.1k | Added +8.0k |
| Sanchez Gaunt Capital Management, LLC 0.31% of their portfolio | 26.0k $556.9k | Added +2.5k |
| HRT FINANCIAL LP 0.00% of their portfolio | 25.2k $540.0k | Added +5.9k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 23.9k $512.9k | Reduced -227.4k |
| Laird Norton Wetherby Trust Company, LLC 0.01% of their portfolio | 22.4k $488.8k | Reduced -3.7k |
| OMERS ADMINISTRATION Corp 0.00% of their portfolio | 22.3k $478.1k | Unchanged |
| NewEdge Advisors, LLC 0.00% of their portfolio | 21.3k $456.0k | Reduced -221 |
| Vanguard Personalized Indexing Management, LLC 0.00% of their portfolio | 21.2k $453.2k | Reduced -525 |
| Qtron Investments LLC 0.06% of their portfolio | 20.3k $435.4k | Reduced -4.3k |
| LEUTHOLD GROUP, LLC 0.04% of their portfolio | 20.3k $435.2k | Unchanged |
| QRG CAPITAL MANAGEMENT, INC. 0.00% of their portfolio | 20.0k $429.1k | Added +1.2k |
| Ballentine Partners, LLC 0.01% of their portfolio | 19.8k $425.1k | Reduced -526 |
| LPL Financial LLC 0.00% of their portfolio | 18.6k $398.5k | Added +754 |
| Nuveen, LLC 0.00% of their portfolio | 18.6k $397.4k | New |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 18.2k $390.3k | Added +99 |
| Kathmere Capital Management, LLC 0.02% of their portfolio | 17.4k $372.6k | Added +842 |
| Nykredit A/S 0.00% of their portfolio | 17.3k $370.5k | First filing |
| Sequoia Financial Advisors, LLC 0.00% of their portfolio | 16.7k $358.2k | Reduced -4.0k |
| GUGGENHEIM CAPITAL LLC 0.00% of their portfolio | 16.4k $350.4k | Added +2.0k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 16.3k $349.3k | Added +2.1k |
| VPR Management LLC 0.14% of their portfolio | 15.8k $337.6k | Unchanged |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 15.3k $327.3k | Reduced -592 |
| Jain Global LLC 0.00% of their portfolio | 15.1k $323.4k | New |
| Savant Capital, LLC 0.00% of their portfolio | 15.0k $357.4k | New |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.00% of their portfolio | 13.8k $294.5k | Added +8.7k |
| Measured Wealth Private Client Group, LLC 0.07% of their portfolio | 13.2k $282.4k | Added +644 |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 12.7k $272.8k | Reduced -1.5k |
| NIA IMPACT ADVISORS, LLC 0.10% of their portfolio | 11.8k $253.3k | Added +3.4k |
| Mitsubishi UFJ Trust & Banking Corp 0.00% of their portfolio | 11.8k $252.8k | New |
| Beck Bode, LLC 0.04% of their portfolio | 11.6k $247.9k | Added +1.5k |
| XTX Topco Ltd 0.00% of their portfolio | 11.1k $238.8k | New |
| Pathstone Holdings, LLC 0.00% of their portfolio | 10.5k $225.8k | Added +273 |
| LVW Advisors, LLC 0.02% of their portfolio | 9.9k $211.2k | New |
| Cetera Investment Advisers 0.00% of their portfolio | 9.8k $209.0k | Reduced -223 |
| SILVERCREST ASSET MANAGEMENT GROUP LLC 0.00% of their portfolio | 9.7k $208.0k | Added +1.6k |
| Virtus Investment Advisers, LLC 0.05% of their portfolio | 9.1k $195.3k | Added +1.8k |
| HANTZ FINANCIAL SERVICES, INC. 0.00% of their portfolio | 8.7k $186.0k | Reduced -1.7k |
| World Investment Advisors 0.00% of their portfolio | 8.2k $217.1k | Unchanged |
| Parallel Advisors, LLC 0.00% of their portfolio | 7.8k $166.9k | Added +1.8k |