Vault-13

MILLICOM INTL CELLULAR S A TIGO

COM STK · Common Stock · CUSIP L6388F110

172 institutional holders +74 vs Q4 2024
55,402,32855.4m shares reported held*
32.2% of all shares outstanding*
$1.7bnreported value*
82 new 58 added 14 reduced 8 sold out net bought ≈ $1.3bn (+44.1m 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 ($2.3m this quarter). Holder counts are more reliable. Shares outstanding: 172.1m as of 2024-12-31, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $30.26. Options: 1 managers hold calls ($93.8k notional), 3 hold puts ($272.4k).

Trends to Q1 2025

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 52Q4 22: 59Q1 23: 63Q2 23: 62Q3 23: 61Q4 23: 64Q1 24: 75Q2 24: 96Q3 24: 97Q4 24: 98Q1 25: 172172Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 202252
Q4 202259
Q1 202363
Q2 202362
Q3 202361
Q4 202364
Q1 202475
Q2 202496
Q3 202497
Q4 202498
Q1 2025172

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q2 23: 34 bought or addedQ2 23: 31 cut or sold outQ3 23: 29 bought or addedQ3 23: 33 cut or sold outQ3 23Q4 23: 28 bought or addedQ4 23: 35 cut or sold outQ1 24: 43 bought or addedQ1 24: 24 cut or sold outQ1 24Q2 24: 57 bought or addedQ2 24: 30 cut or sold outQ3 24: 43 bought or addedQ3 24: 49 cut or sold outQ3 24Q4 24: 42 bought or addedQ4 24: 48 cut or sold outQ1 25: 140 bought or addedQ1 25: 22 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 20233431
Q3 20232933
Q4 20232835
Q1 20244324
Q2 20245730
Q3 20244349
Q4 20244248
Q1 202514022

Calls vs puts

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

CallsPuts
$0$2.5m$5m$7.5m$10mQ2 24 calls: $9.9mQ2 24 puts: $9.8mQ2 24P/C 1.00Q3 24 calls: $35.3kQ3 24 puts: $67.8kQ3 24P/C 1.92Q4 24 calls: $110.0kQ4 24 puts: $72.5kQ4 24P/C 0.66Q1 25 calls: $93.8kQ1 25 puts: $272.4kQ1 25P/C 2.90
Numbers
QuarterCallsPutsP/C
Q2 2024$9.9m$9.8m1.00
Q3 2024$35.3k$67.8k1.92
Q4 2024$110.0k$72.5k0.66
Q1 2025$93.8k$272.4k2.90

Biggest buyers

Dodge & Cox New +8,701,732+8.7m
PRICE T ROWE ASSOCIATES INC /MD/ Added +5,470,214+5.5m
BARCLAYS PLC Added +3,171,957+3.2m
BlackRock, Inc. Added +2,426,347+2.4m
Boston Partners New +2,421,077+2.4m
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP New +2,248,417+2.2m
BRANDES INVESTMENT PARTNERS, LP Added +1,888,602+1.9m
GOLDMAN SACHS GROUP INC New +1,673,739+1.7m
Park West Asset Management LLC Added +1,264,480+1.3m
JPMORGAN CHASE & CO New +1,180,479+1.2m

Biggest sellers

SOUTHEASTERN ASSET MANAGEMENT INC/TN/ Reduced -393,284-393.3k
D. E. Shaw & Co., Inc. Sold out -103,258-103.3k
Squarepoint Ops LLC Sold out -52,746-52.7k
Magnetar Financial LLC Reduced -11,241-11.2k
OCCUDO QUANTITATIVE STRATEGIES LP Sold out -10,983-11.0k
Morningstar Investment Services LLC Sold out -10,639-10.6k
Semanteon Capital Management, LP Sold out -10,442-10.4k
GAMCO INVESTORS, INC. ET AL Reduced -8,993-9.0k
TT International Asset Management LTD Reduced -5,769-5.8k
JONES FINANCIAL COMPANIES LLLP Reduced -2,740-2.7k

Biggest calls

CITADEL ADVISORS LLC Reduced $93.8k3.1k shares

Biggest puts

CITADEL ADVISORS LLC Added $254.3k8.4k shares
GROUP ONE TRADING LLC New $18.2k600 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.

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
Atlas Investissement SAS 13D · may seek influence no change · filed 2026-09-24
Stated purposeItem 4 of the Schedule 13D is hereby amended and supplemented by adding the following: The information set forth in Item 3 of this Amendment No. 30 is incorporated herein by reference. In addition, Atlas Investissement intends (subject to certain conditions, including obtaining relevant regulatory approvals, as may be required and in accordance with the documentation pertaining to the Equity Financing Transactions) to purchase additional Common Shares up to a beneficial ownership of 50.5% of the outstanding Common Shares of the Issuer at the time of such acquisition. The actual timing and amount of such purchases will depend on the prevailing market conditions at the time of such purchases. Separately from the above, Atlas Investissement settled the three European-style call spread opti… Full filing
49.5% no change 83.0m≈ $7.5bn 2026-09-24

Insider purchases and sales in Q1 2025

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 Q1 2025.

Holders, Q1 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Dodge & Cox 0.15% of their portfolio San Francisco, CA 8,701,7328.7m $263.4m $263.4m 0.15% New
2 BRANDES INVESTMENT PARTNERS, LP 1.99% of their portfolio LA JOLLA, CA 6,462,8576.5m $195.6m $195.6m 1.99% Added +1.9m +1,888,602
3 PRICE T ROWE ASSOCIATES INC /MD/ 0.02% of their portfolio BALTIMORE, MD 5,578,8945.6m $168.9m $168.9m 0.02% Added +5.5m +5,470,214
4 BARCLAYS PLC 0.05% of their portfolio LONDON, X0 3,367,7133.4m $101.9m $101.9m 0.05% Added +3.2m +3,171,957
5 BlackRock, Inc. 0.00% of their portfolio New York, NY 2,456,7572.5m $74.4m $74.4m 0.00% Added +2.4m +2,426,347
6 Boston Partners 0.09% of their portfolio BOSTON, MA 2,421,0772.4m $73.3m $73.3m 0.09% New
7 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.06% of their portfolio BOSTON, MA 2,248,4172.2m $68.1m $68.1m 0.06% New
8 SOUTHEASTERN ASSET MANAGEMENT INC/TN/ 3.26% of their portfolio MEMPHIS, TN 2,017,9732.0m $61.1m $61.1m 3.26% Reduced -393.3k -393,284
9 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 1,673,7391.7m $50.7m $50.7m 0.01% New
10 Park West Asset Management LLC 3.74% of their portfolio SAN FRANCISCO, CA 1,510,9771.5m $45.7m $45.7m 3.74% Added +1.3m +1,264,480
11 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 1,180,4791.2m $35.7m $35.7m 0.00% New
12 MANGROVE PARTNERS IM, LLC 3.57% of their portfolio Greenwich, CT 1,079,2491.1m $32.7m $32.7m 3.57% Added +805.8k +805,786
13 Triodos Investment Management BV 2.20% of their portfolio DRIEBERGEN-RIJSENBURG, P7 886,500886.5k $26.8m $26.8m 2.20% New
14 GAMCO INVESTORS, INC. ET AL 0.28% of their portfolio GREENWICH, CT 842,961843.0k $25.5m $25.5m 0.28% Reduced -9.0k -8,993
15 MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio NEW YORK, NY 795,361795.4k $24.1m $24.1m 0.02% Added +730.0k +729,986
16 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 794,007794.0k $24.0m $24.0m 0.00% New
17 VICTORY CAPITAL MANAGEMENT INC 0.02% of their portfolio San Antonio, TX 759,786759.8k $23.0m $23.0m 0.02% New
18 DEUTSCHE BANK AG\ 0.01% of their portfolio FRANKFURT AM MAIN, 2M 673,447673.4k $20.4m $20.4m 0.01% New
19 Hosking Partners LLP 0.68% of their portfolio LONDON, X0 531,208531.2k $16.1m $16.1m 0.68% New
20 TWO SIGMA ADVISERS, LP 0.04% of their portfolio NEW YORK, NY 530,200530.2k $16.0m $16.0m 0.04% Added +490.7k +490,700
21 LB Partners LLC 11.45% of their portfolio CHARLOTTESVILLE, VA 520,923520.9k $15.9m $15.9m 11.45% Added +2.0k +2,000
22 FIRST TRUST ADVISORS LP 0.01% of their portfolio Wheaton, IL 507,147507.1k $15.4m $15.4m 0.01% New
23 GABELLI FUNDS LLC 0.11% of their portfolio Rye, NY 488,400488.4k $14.8m $14.8m 0.11% Added +476.4k +476,400
24 LONE PEAK GLOBAL INVESTORS LLC 2.92% of their portfolio ALPINE, UT 468,315468.3k $14.2m $14.2m 2.92% Added +459.7k +459,654
25 Itau Unibanco Holding S.A. 0.51% of their portfolio SAO PAULO, D5 460,698460.7k $13.3m $13.3m 0.51% New
26 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 420,639420.6k $12.7m $12.7m 0.00% Added +374.6k +374,579
27 Qube Research & Technologies Ltd 0.02% of their portfolio LONDON, X0 371,241371.2k $11.2m $11.2m 0.02% Added +343.8k +343,750
28 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 339,183339.2k $10.3m $10.3m 0.01% Added +307.0k +307,021
29 NORDEA INVESTMENT MANAGEMENT AB 0.01% of their portfolio STOCKHOLM, V7 335,766335.8k $10.0m $10.0m 0.01% New
30 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 321,759321.8k $9.7m $9.7m 0.00% New
31 RENAISSANCE GROUP LLC 0.42% of their portfolio Covington, KY 313,331313.3k $9.5m $9.5m 0.42% Reduced -2.7k -2,652
32 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 280,945280.9k $8.5m $8.5m 0.00% New
33 LSV ASSET MANAGEMENT 0.02% of their portfolio CHICAGO, IL 238,971239.0k $7.2m $7.2m 0.02% New
34 JUPITER ASSET MANAGEMENT LTD 0.07% of their portfolio London, X0 235,375235.4k $7.1m $7.1m 0.07% New
35 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 233,667233.7k $7.1m $7.1m 0.00% Added +79.0k +79,006
36 Fourth Sail Capital LP 1.62% of their portfolio GRAND CAYMAN, E9 228,692228.7k $6.9m $6.9m 1.62% New
37 Western Standard LLC 4.01% of their portfolio Los Angeles, CA 225,414225.4k $6.8m $6.8m 4.01% New
38 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 218,236218.2k $6.6m $6.6m 0.00% Added +58.6k +58,569
39 MOON CAPITAL MANAGEMENT LP 5.18% of their portfolio NEW YORK, NY 215,923215.9k $6.5m $6.5m 5.18% Added +159.9k +159,926
40 Swiss National Bank 0.00% of their portfolio ZURICH, V8 201,222201.2k $6.1m $6.1m 0.00% New
41 NOMURA HOLDINGS INC 0.03% of their portfolio TOKYO, M0 185,012185.0k $5.6m $5.6m 0.03% New
42 Skandinaviska Enskilda Banken AB (publ) 0.03% of their portfolio STOCKHOLM, V7 182,867182.9k $5.5m $5.5m 0.03% New
43 UBS Group AG 0.00% of their portfolio ZURICH, V8 176,163176.2k $5.3m $5.3m 0.00% Added +172.0k +171,968
44 Legal & General Group Plc 0.00% of their portfolio London, X0 159,058159.1k $4.8m $4.8m 0.00% Added +142.2k +142,203
45 RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio NEW YORK, NY 146,200146.2k $4.4m $4.4m 0.01% Added +29.7k +29,720
46 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 133,732133.7k $4.0m $4.0m 0.00% Added +28.3k +28,284
47 Jump Financial, LLC 0.06% of their portfolio Chicago, IL 133,270133.3k $4.0m $4.0m 0.06% New
48 Quantbot Technologies LP 0.11% of their portfolio NEW YORK, NY 110,566110.6k $3.3m $3.3m 0.11% Added +98.3k +98,328
49 KLP KAPITALFORVALTNING AS 0.02% of their portfolio OSLO, Q8 106,067106.1k $3.2m $3.2m 0.02% New
50 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 101,486101.5k $3.1m $3.1m 0.00% New
51 PDT Partners, LLC 0.22% of their portfolio New York, NY 100,502100.5k $3.0m $3.0m 0.22% New
52 SEGALL BRYANT & HAMILL, LLC 0.05% of their portfolio CHICAGO, IL 97,27797.3k $2.9m $2.9m 0.05% New
53 MIRABELLA FINANCIAL SERVICES LLP 0.06% of their portfolio London, X0 93,60493.6k $2.8m $2.8m 0.06% New
54 PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.01% of their portfolio COLUMBUS, OH 92,14992.1k $2.8m $2.8m 0.01% New
55 Cubist Systematic Strategies, LLC 0.04% of their portfolio STAMFORD, CT 91,90491.9k $2.8m $2.8m 0.04% New
56 Nuveen, LLC 0.00% of their portfolio CHARLOTTE, NC 89,89889.9k $2.7m $2.7m 0.00% First filing
57 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 89,82889.8k $2.7m $2.7m 0.00% New
58 VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.01% of their portfolio JUPITER, FL 86,44286.4k $2.6m $2.6m 0.01% New
59 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 76,40276.4k $2.3m $2.3m 0.00% New
60 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio CAUSEWAY BAY, K3 72,27272.3k $2.2m $2.2m 0.00% New
61 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 72,21872.2k $2.2m $2.2m 0.00% Added +41.4k +41,383
62 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 71,43271.4k $2.2m $2.2m 0.00% Added +14.3k +14,319
63 Verition Fund Management LLC 0.01% of their portfolio GREENWICH, CT 69,00669.0k $2.1m $2.1m 0.01% New
64 INVESTOR AB 0.05% of their portfolio STOCKHOLM, V7 67,78167.8k $2.1m $2.1m 0.05% New
65 BTG Pactual Asset Management US LLC 0.25% of their portfolio NEW YORK, NY 62,80762.8k $1.9m $1.9m 0.25% Added +9.0k +8,989
66 Perpetual Ltd 0.02% of their portfolio SYDNEY, NEW SOUTH WALES, C3 62,45062.5k $1.9m $1.9m 0.02% Reduced -1.0k -1,000
67 Engineers Gate Manager LP 0.03% of their portfolio NEW YORK, NY 61,74761.7k $1.9m $1.9m 0.03% Added +38.5k +38,461
68 Militia Capital Partners, LP 0.73% of their portfolio AUSTIN, TX 60,00060.0k $1.8m $1.8m 0.73% New
69 Amundi 0.00% of their portfolio Paris, I0 55,53855.5k $1.7m $1.7m 0.00% New
70 GSA CAPITAL PARTNERS LLP 0.15% of their portfolio LONDON, X0 54,44154.4k $1.6m $1.6m 0.15% New
71 Campbell & CO Investment Adviser LLC 0.13% of their portfolio BALTIMORE, MD 54,31454.3k $1.6m $1.6m 0.13% Added +21.8k +21,781
72 LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 53,48753.5k $1.6m $1.6m 0.00% Added +7.7k +7,698
73 TEACHER RETIREMENT SYSTEM OF TEXAS 0.01% of their portfolio AUSTIN, TX 46,30846.3k $1.4m $1.4m 0.01% New
74 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 46,18346.2k $1.4m $1.4m 0.00% Added +15.0k +14,990
75 Employees Retirement System of Texas 0.01% of their portfolio AUSTIN, TX 45,51745.5k $1.4m $1.4m 0.01% New
76 North of South Capital LLP 0.15% of their portfolio LONDON, X0 44,88144.9k $1.4m $1.4m 0.15% New
77 Raiffeisen Bank International AG 0.02% of their portfolio VIENNA, C4 42,00042.0k $1.3m $1.3m 0.02% Added +32.0k +32,000
78 WEXFORD CAPITAL LP 0.31% of their portfolio WEST PALM BEACH, FL 40,00040.0k $1.2m $1.2m 0.31% New
79 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 37,32337.3k $1.1m $1.1m 0.00% New
80 ASSETMARK, INC 0.00% of their portfolio CONCORD, CA 37,06137.1k $1.1m $1.1m 0.00% Added +9.6k +9,580
81 Point72 Asset Management, L.P. 0.00% of their portfolio STAMFORD, CT 36,51536.5k $1.1m $1.1m 0.00% Added +19.8k +19,811
82 Petrus Trust Company, LTA 0.10% of their portfolio Dallas, TX 36,50936.5k $1.1m $1.1m 0.10% Added +18.1k +18,114
83 Trexquant Investment LP 0.01% of their portfolio STAMFORD, CT 35,93935.9k $1.1m $1.1m 0.01% New
84 SCHRODER INVESTMENT MANAGEMENT GROUP 0.00% of their portfolio London, X0 34,98635.0k $1.1m $1.1m 0.00% New
85 XTX Topco Ltd 0.05% of their portfolio LONDON, X0 33,33633.3k $1.0m $1.0m 0.05% New
86 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 30,65930.7k $928.0k $928.0k 0.00% New
87 Schonfeld Strategic Advisors LLC 0.01% of their portfolio NEW YORK, NY 30,29430.3k $917.0k $917.0k 0.01% New
88 Mariner, LLC 0.00% of their portfolio Overland Park, KS 29,50629.5k $893.1k $893.1k 0.00% Added +3.5k +3,522
89 Connor, Clark & Lunn Investment Management Ltd. 0.00% of their portfolio VANCOUVER, A1 28,78828.8k $871.4k $871.4k 0.00% New
90 Vanguard Personalized Indexing Management, LLC 0.01% of their portfolio OAKLAND, CA 27,49627.5k $832.3k $832.3k 0.01% Added +473 +473
91 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 27,40127.4k $829.4k $829.4k 0.00% New
92 ACADIAN ASSET MANAGEMENT LLC 0.00% of their portfolio Boston, MA 27,10727.1k $819.0k $819.0k 0.00% New
93 Bridgewater Associates, LP 0.00% of their portfolio Westport, CT 26,40326.4k $799.2k $799.2k 0.00% New
94 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 25,14725.1k $761.2k $761.2k 0.00% Added +25.1k +25,084
95 MACQUARIE GROUP LTD 0.00% of their portfolio Sydney, NSW 2000, C3 24,05024.1k $728.0k $728.0k 0.00% New
96 Police & Firemen's Retirement System of New Jersey 0.01% of their portfolio TRENTON, NJ 22,68122.7k $686.6k $686.6k 0.01% New
97 Calamos Advisors LLC 0.00% of their portfolio NAPERVILLE, IL 21,20521.2k $641.9k $641.9k 0.00% New
98 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 19,83319.8k $600.3k $600.3k 0.00% First filing
99 SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.01% of their portfolio BALA CYNWYD, PA 17,65017.6k $534.3k $534.3k 0.01% New
100 Snowden Capital Advisors LLC 0.02% of their portfolio New York, NY 17,62417.6k $533.5k $533.5k 0.02% New