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Telecom Argentina SA

TEO
Exchange
NYSE
Industry
Telephone Communications (No Radiotelephone)
SEC CIK
0000932470

In the last 90 days, Telecom Argentina SA insiders filed 0 open-market purchases and 1 sale; 67 institutions reported holding it in 13F filings for Q2 2026, worth $190.4M in total; Oaktree Capital is the only superinvestor holding it.

Other share classesTCMFF

13F holders, Q4 2025

Institutional positions in Telecom Argentina SA as of Dec 31, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
59
+16 vs. Q3 2025
Shares held
9.83M
+368.2K (+3.9%) vs. Q3 2025
Total value
$114.1M
+$45.4M (+66.0%) vs. Q3 2025
New holders
22
8 more added
Sold out
6
19 more reduced

1 institution that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting TEO on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ4 2025: 59 institutions
Q1 2021: 79 institutionsQ2 2021: 61 institutionsQ3 2021: 44 institutionsQ4 2021: 48 institutionsQ1 2022: 42 institutionsQ2 2022: 36 institutionsQ3 2022: 30 institutionsQ4 2022: 27 institutionsQ1 2023: 33 institutionsQ2 2023: 35 institutionsQ3 2023: 36 institutionsQ4 2023: 41 institutionsQ1 2024: 32 institutionsQ2 2024: 42 institutionsQ3 2024: 40 institutionsQ4 2024: 38 institutionsQ1 2025: 36 institutionsQ2 2025: 42 institutionsQ3 2025: 44 institutionsQ4 2025: 59 institutionsQ1 2026: 63 institutionsQ2 2026: 67 institutions
Value heldQ4 2025: $114.1M
Q1 2021: $89.4MQ2 2021: $60.7MQ3 2021: $48.2MQ4 2021: $50.9MQ1 2022: $56.6MQ2 2022: $40.7MQ3 2022: $31.3MQ4 2022: $44.7MQ1 2023: $40.9MQ2 2023: $49.0MQ3 2023: $38.8MQ4 2023: $64.5MQ1 2024: $67.6MQ2 2024: $57.7MQ3 2024: $62.2MQ4 2024: $107.7MQ1 2025: $83.3MQ2 2025: $75.3MQ3 2025: $69.3MQ4 2025: $114.1MQ1 2026: $170.7MQ2 2026: $190.4M
Institutions holding TEO and their total value by quarter
QuarterHoldersValue
Q2 202667$190.4M
Q1 202663$170.7M
Q4 202559$114.1M
Q3 202544$69.3M
Q2 202542$75.3M
Q1 202536$83.3M
Q4 202438$107.7M
Q3 202440$62.2M
Q2 202442$57.7M
Q1 202432$67.6M
Q4 202341$64.5M
Q3 202336$38.8M
Q2 202335$49.0M
Q1 202333$40.9M
Q4 202227$44.7M
Q3 202230$31.3M
Q2 202236$40.7M
Q1 202242$56.6M
Q4 202148$50.9M
Q3 202144$48.2M
Q2 202161$60.7M
Q1 202179$89.4M

Institutions, Q4 2025

Shares, value and share of portfolio for each institution holding Telecom Argentina SA; share changes are against Q3 2025.

Institutions holding TEO in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Oaktree Capital Management LPSuperinvestorOaktree Capital2,347,508$27.3M0.44%−281,975−10.7%Reduced
Mirae Asset Global ETFs Holdings Ltd.1,796,458$20.9M0.03%−66,909−3.6%Reduced
RWC Asset Management LLP1,009,244$11.7M0.58%+339,416+50.7%Added
Sagil Capital LLP657,097$7.63M4.77%+657,097New
Morgan Stanley576,229$6.69M0.00%+414,939+257.3%Added
Discerene Group LP487,859$5.66M0.58%00.0%Unchanged
Fourth Sail Capital LP453,402$5.26M0.84%−1,178,820−72.2%Reduced
Banco BTG Pactual S.A.327,501$3.80M0.67%−47,304−12.6%Reduced
UBS Group AG293,659$3.41M0.00%+60,033+25.7%Added
Wexford Capital LP224,078$2.60M0.67%+224,078New
Marshall Wace, LLP169,603$1.97M0.00%+169,603New
D. E. Shaw & Co., Inc.161,859$1.88M0.00%−6,955−4.1%Reduced
Goldman Sachs Group Inc151,425$1.76M0.00%+67,459+80.3%Added
Citadel Advisors LLC136,675$1.59M0.00%−54,164−28.4%Reduced
Millennium Management LLC125,593$1.46M0.00%+77,437+160.8%Added
Two Sigma Investments, LP116,495$1.35M0.00%−87,677−42.9%Reduced
CenterBook Partners LP94,481$1.10M0.05%+94,481New
Point72 Asset Management, L.P.83,797$972.9K0.00%+83,797New
Jane Street Group, LLC62,456$725.1K0.00%+62,456New
Mirabella Financial Services LLP62,201$722.2K0.07%+62,201New
Two Sigma Advisers, LP42,700$495.7K0.00%−40,300−48.6%Reduced
Invesco Ltd.40,745$473.0K0.00%−34−0.1%Reduced
Storebrand Asset Management AS39,684$460.7K0.00%00.0%Unchanged
Verition Fund Management LLC34,520$400.8K0.00%−26,566−43.5%Reduced
Gabelli Funds LLC31,000$359.9K0.00%00.0%Unchanged
State of Wisconsin Investment Board26,013$302.0K0.00%+26,013New
JPMorgan Chase & Co24,245$281.5K0.00%+24,245New
Engineers Gate Manager LP22,839$265.2K0.00%−2,063−8.3%Reduced
Mariner, LLC21,130$245.3K0.00%+380+1.8%Added
Ping Capital Management, Inc.20,700$240.3K0.10%−17,600−46.0%Reduced
Y-Intercept (Hong Kong) Ltd19,702$228.7K0.01%+19,702New
PharVision Advisers, LLC19,400$225.2K0.11%+19,400New
Dynamic Technology Lab Private Ltd18,133$211.0K0.05%+18,133New
Wells Fargo & Company16,288$189.1K0.00%00.0%Unchanged
XTX Topco Ltd16,270$188.9K0.00%+16,270New
HSBC Holdings PLC14,729$170.9K0.00%+14,729New
Bank of America Corp13,171$152.9K0.00%−8,171−38.3%Reduced
Stifel Financial Corp13,081$151.9K0.00%−156−1.2%Reduced
Van Eck Associates Corp11,982$139.0K0.00%+6,079+103.0%Added
GTS Securities LLC10,417$120.9K0.00%00.0%Unchanged
Prelude Capital Management, LLC10,000$116.1K0.01%+10,000New
BNP Paribas Arbitrage, SA5,303$61.6K0.00%−60,704−92.0%Reduced
Aquatic Capital Management LLC5,282$61.3K0.00%+5,282New
EFG International AG5,000$58.1K0.00%+5,000New
GAMMA Investing LLC2,653$30.8K0.00%+24+0.9%Added
CIBC Private Wealth Group, LLC1,614$18.7K0.00%00.0%Unchanged
Group One Trading, L.P.1,384$16.1K0.00%−1,626−54.0%Reduced
EverSource Wealth Advisors, LLC966$11.2K0.00%−50−4.9%Reduced
FNY Investment Advisers, LLC1,000$11.0K0.00%+1,000New
Advisor Group Holdings, Inc.450$5.22K0.00%00.0%Unchanged
Rockefeller Capital Management L.P.175$2.03K0.00%+175New
Citigroup Inc174$2.02K0.00%+174New
Simplex Trading, LLC152$1.76K0.00%−168−52.5%Reduced
Tower Research Capital LLC (TRC)100$1.16K0.00%+100New
Assetmark, Inc70$8170.00%00.0%Unchanged
SBI Securities Co., Ltd.36$4180.00%00.0%Unchanged
Smartleaf Asset Management LLC29$3340.00%+29New
Sofos Investments, Inc.3$350.00%−50−94.3%Reduced
Activest Wealth Management1$70.00%00.0%Unchanged
Monaco Asset Management SAM0$00.00%−120,000−100.0%Sold out
Arrowstreet Capital, Limited Partnership0$00.00%−65,614−100.0%Sold out
Jump Financial, LLC0$00.00%−26,600−100.0%Sold out
Qube Research & Technologies Ltd0$00.00%−13,450−100.0%Sold out
Barclays PLC0$00.00%−4,500−100.0%Sold out
Allworth Financial LP0$00.00%−47−100.0%Sold out
Cubist Systematic Strategies, LLC––––Not filed