Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Telecom Argentina SA (TEO)

63 + Investors. Track Smart Money conviction in TEO. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +4
Streak
4Q ▲
Buyers last Q
62%

Smart Money Signals — TEO

Based on 63 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 4 quarters in a row

last 6Q
For 4 consecutive quarters, more hedge funds added TEO than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
63 hedge funds hold TEO right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
🚀

Fast accumulation — +80% more funds vs a year ago

fund count last 6Q
+28 new funds entered over the past year (+80% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.
🟢

More buyers than sellers — 62% buying

41 buying25 selling
Last quarter: 41 funds were net buyers (16 opened a brand new position + 25 added to an existing one). Only 25 were sellers (13 trimmed + 12 sold completely). A clear majority buying is a strong confirmation signal.
⚠️

Fewer new buyers each quarter (-7 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 14 → 10 → 23 → 16. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔒

46% of holders stayed for 2+ years

■ 46% conviction (2yr+) ■ 19% medium ■ 35% new
29 out of 63 hedge funds have held TEO for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
🚀

Acceleration phase — new buyers rushing in

11 → 14 → 10 → 23 → 16 new funds/Q
New funds entering each quarter: 14 → 10 → 23 → 16. The pace of institutional discovery is accelerating sharply. This is the 'hot idea' phase — the thesis is being passed from fund to fund. You are not late — the accumulation wave is still building.
🏛️

Deep conviction — 62% of holders stayed 2+ years

■ 62% veterans ■ 3% 1-2yr ■ 35% new
Of 63 current holders: 39 (62%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
📋

Smaller funds dominant — 17% AUM from top-100

17% from top-100 AUM funds
15 of 63 holders rank in the top 100 by AUM, but together hold only 17% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
4.9
out of 10
Moderate Exit Risk
Exit risk score 4.9/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — TEO

In 2026 Q1, 41 hedge funds were net buyers of TEO (16 opened a new position, 25 added to an existing one), while 25 reduced or exited (13 trimmed, 12 sold completely) — a 62% buyer ratio, indicating clear institutional accumulation. This marks 4 consecutive quarters of net institutional buying — a persistent conviction signal. Net fund flow last quarter: +4 funds (more new holders than closures). Total institutional holders: 63.

Hedge Fund Ownership: TEO

How many hedge funds hold TEO — quarterly history vs. share price
Quarterly hedge fund ownership of TEO vs. share price

Market Analysis: TEO

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: TEO

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Telecom Argentina SA (TEO) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much TEO has moved relative to its sector benchmark (XLC) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 75d ago
TEO
+30.5%
XLC
+0.7%

TEO outperformed XLC by +29.8% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 30d ago
TEO
+29.1%
XLC
-3.8%

Since the filing became public, TEO outperformed XLC by +32.9% .

Interpretation: The stock has significantly outperformed its sector benchmark — the original entry opportunity has largely been captured by earlier investors. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

5 top-rated funds 2 high-conviction
Consensus
3.4
/ 10
breadth
×
Elite
2.4
/ 10
conviction
Hedge Fund Positioning: TEO
63 + Investors

Track Smart Money conviction in TEO. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 63 59 6.78%
13F Shares 15M 10M 48.19%
Total Value $169M $114M 48.26%
New Positions 16 23 -7
Increased Positions 25 7 +18
Closed Positions 12 7 +5
Reduced Positions 13 20 -7
Total Calls 0 1 -100.0%
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: TEO

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Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

63 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in TEO. Verified SEC 13F-HR filings.

QUARTER:
Top 25 TEO holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Sagil Capital LLP 5.14% 1,156,409 $13.5M
2 Fourth Sail Capital LP 4.80% 2,500,000 $29.2M
3 Wexford Capital LP 1.35% 798,150 $9.3M
4 SPX Gestao de Recursos Ltda 0.71% 732,697 $8.6M
5 RWC Asset Management LLP 0.63% 1,283,033 $15.0M
6 Discerene Group LP 0.51% 414,244 $4.8M
7 Oaktree Capital Management LP 0.30% 1,622,244 $19.0M
8 CenterBook Partners LP 0.20% 314,812 $3.7M
9 Absolute Gestao de Investimentos Ltda. 0.12% 86,831 $1.0M
10 Monaco Asset Management SAM 0.08% 36,142 $422K
11 Ping Capital Management, INC. 0.07% 20,700 $242K
12 Mirabella Financial Services LLP 0.06% 53,155 $621K
13 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.03% 1,912,483 $22.4M
14 Seven Grand Managers, LLC 0.03% 35,000 $409K
15 Engineers Gate Manager LP 0.01% 42,289 $494K
16 Aquatic Capital Management LLC 0.01% 16,040 $188K
17 Marshall Wace, LLP 0.01% 439,031 $5.1M
18 Y-Intercept (Hong Kong) Ltd 0.00% 21,330 $249K
19 XTX Topco Ltd 0.00% 22,587 $264K
20 Gts Securities LLC 0.00% 10,418 $122K
21 Jump Financial, LLC 0.00% 19,400 $227K
22 Gabelli Funds LLC 0.00% 31,000 $362K
23 D. E. Shaw & Co., Inc. 0.00% 279,497 $3.3M
24 Two Sigma Investments, LP 0.00% 164,388 $1.9M
25 Vident Advisory, LLC 0.00% 13,457 $157K
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Telecom Argentina SA (TEO)

What does the Smart Money Trend signal show for TEO?

Buying streak — 4 quarters in a row: For 4 consecutive quarters, more hedge funds added TEO than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for TEO?

More buyers than sellers — 62% buying: Last quarter: 41 funds were net buyers (16 opened a brand new position + 25 added to an existing one). Only 25 were sellers (13 trimmed + 12 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for TEO holders?

Smaller funds dominant — 17% AUM from top-100: 15 of 63 holders rank in the top 100 by AUM, but together hold only 17% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held TEO?

46% of holders stayed for 2+ years: 29 out of 63 hedge funds have held TEO for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Telecom Argentina SA (TEO) following the 2026 Q1 hedge fund 13F filings?

As of today, TEO has moved +29.1% since the 2026 Q1 13F filing date (May 15, 2026), compared to -3.8% for the XLC sector ETF — an outperformance of +32.9%. Since the quarter end (March 31, 2026), TEO has gained +30.5% vs +0.7% for XLC. The stock has significantly outperformed its sector benchmark — the original entry opportunity has largely been captured by earlier investors.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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