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Millicom International Cellular SA

TIGO
Exchange
Nasdaq
Industry
Radiotelephone Communications
SEC CIK
0000912958

In the last 90 days, Millicom International Cellular SA insiders filed 0 open-market purchases and 4 sales; 438 institutions reported holding it in 13F filings for Q2 2026, worth $7.03B in total; no superinvestor holds it.

Other share classesMLCMF

13F holders, Q3 2025

Institutional positions in Millicom International Cellular SA as of Sep 30, 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
266
+51 vs. Q2 2025
Shares held
70.4M
+5.39M (+8.3%) vs. Q2 2025
Total value
$3.42B
+$990.7M (+40.8%) vs. Q2 2025
New holders
93
86 more added
Sold out
42
64 more reduced

2 institutions that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q2 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting TIGO 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 holdersQ3 2025: 266 institutions
Q1 2021: 48 institutionsQ2 2021: 53 institutionsQ3 2021: 46 institutionsQ4 2021: 51 institutionsQ1 2022: 55 institutionsQ2 2022: 60 institutionsQ3 2022: 51 institutionsQ4 2022: 59 institutionsQ1 2023: 63 institutionsQ2 2023: 61 institutionsQ3 2023: 60 institutionsQ4 2023: 63 institutionsQ1 2024: 74 institutionsQ2 2024: 95 institutionsQ3 2024: 96 institutionsQ4 2024: 97 institutionsQ1 2025: 171 institutionsQ2 2025: 217 institutionsQ3 2025: 266 institutionsQ4 2025: 330 institutionsQ1 2026: 371 institutionsQ2 2026: 438 institutions
Value heldQ3 2025: $3.42B
Q1 2021: $218.5MQ2 2021: $195.9MQ3 2021: $151.3MQ4 2021: $119.5MQ1 2022: $126.2MQ2 2022: $101.3MQ3 2022: $79.3MQ4 2022: $94.4MQ1 2023: $132.6MQ2 2023: $102.3MQ3 2023: $114.6MQ4 2023: $142.8MQ1 2024: $166.7MQ2 2024: $214.3MQ3 2024: $223.2MQ4 2024: $281.0MQ1 2025: $1.68BQ2 2025: $2.43BQ3 2025: $3.42BQ4 2025: $3.99BQ1 2026: $5.41BQ2 2026: $7.03B
Institutions holding TIGO and their total value by quarter
QuarterHoldersValue
Q2 2026438$7.03B
Q1 2026371$5.41B
Q4 2025330$3.99B
Q3 2025266$3.42B
Q2 2025217$2.43B
Q1 2025171$1.68B
Q4 202497$281.0M
Q3 202496$223.2M
Q2 202495$214.3M
Q1 202474$166.7M
Q4 202363$142.8M
Q3 202360$114.6M
Q2 202361$102.3M
Q1 202363$132.6M
Q4 202259$94.4M
Q3 202251$79.3M
Q2 202260$101.3M
Q1 202255$126.2M
Q4 202151$119.5M
Q3 202146$151.3M
Q2 202153$195.9M
Q1 202148$218.5M

Institutions, Q3 2025

Shares, value and share of portfolio for each institution holding Millicom International Cellular SA; share changes are against Q2 2025.

Institutions holding TIGO in Q3 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Dodge & Cox8,448,632$410.1M0.22%−387,500−4.4%Reduced
JPMorgan Chase & Co6,459,716$313.6M0.02%+5,020,602+348.9%Added
Brandes Investment Partners, LP5,835,307$283.2M2.27%−789,411−11.9%Reduced
Price T Rowe Associates Inc5,831,882$283.1M0.03%+3,970+0.1%Added
BlackRock, Inc.5,303,386$257.4M0.00%+348,047+7.0%Added
Barclays PLC2,895,215$140.5M0.05%+47,194+1.7%Added
Perpetual Ltd2,731,971$132.6M1.65%+2,681,221+5,283.2%Added
Swedbank AB2,395,664$116.3M0.12%−144,494−5.7%Reduced
State Street Corp1,982,949$96.3M0.00%+162,879+8.9%Added
Boston Partners1,561,965$75.8M0.08%−1,394,511−47.2%Reduced
Northern Trust Corp1,271,086$61.7M0.01%+714,158+128.2%Added
Arrowstreet Capital, Limited Partnership1,217,053$59.1M0.04%−952,898−43.9%Reduced
Marathon Asset Mgmt Ltd984,528$47.8M1.76%+984,528New
First Trust Advisors LP969,140$47.0M0.04%+347,448+55.9%Added
Deutsche Bank AG836,689$40.6M0.01%−32,495−3.7%Reduced
Geode Capital Management, LLC791,323$38.4M0.00%+23,859+3.1%Added
Victory Capital Management Inc744,511$36.1M0.02%+2,840+0.4%Added
Gamco Investors, Inc. Et Al716,183$34.8M0.34%−67,047−8.6%Reduced
Triodos Investment Management BV709,000$34.4M2.49%−99,000−12.3%Reduced
Renaissance Technologies LLC700,634$34.0M0.04%−110,000−13.6%Reduced
Qube Research & Technologies Ltd647,955$31.5M0.04%−472,036−42.1%Reduced
Cullen Capital Management LLC643,031$31.2M0.34%+643,031New
Morgan Stanley613,717$29.8M0.00%−627,546−50.6%Reduced
Credit Agricole S A564,519$27.4M0.09%+564,519New
BNP PARIBAS ASSET MANAGEMENT Holding S.A.551,539$26.8M0.07%+263,237+91.3%Added
Standard Life Aberdeen plc539,088$26.2M0.04%+539,088New
UBS Group AG528,614$25.7M0.01%+398,694+306.9%Added
Public Employees Retirement System of Ohio482,147$23.4M0.07%+365,112+312.0%Added
Park West Asset Management LLC450,527$21.9M2.00%−926,950−67.3%Reduced
Mackenzie Financial Corp448,864$21.8M0.03%−75,365−14.4%Reduced
Gabelli Funds LLC445,500$21.6M0.15%−19,200−4.1%Reduced
SG Americas Securities, LLC406,473$19.7M0.07%+373,030+1,115.4%Added
Crossmark Global Holdings, Inc.397,857$19.3M0.29%+257,957+184.4%Added
Aperture Investors, LLC383,048$18.6M2.58%+383,048New
Hosking Partners LLP377,181$18.3M0.66%−141,340−27.3%Reduced
Vanguard Group Inc352,344$17.1M0.00%+173,311+96.8%Added
Bank of New York Mellon Corp339,965$16.5M0.00%+105,706+45.1%Added
LB Partners LLC312,000$15.1M9.72%−90,000−22.4%Reduced
Los Angeles Capital Management LLC307,340$14.9M0.05%+307,340New
FMR LLC294,157$14.3M0.00%+293,969+156,366.5%Added
Franklin Resources Inc283,959$13.8M0.00%+249,458+723.0%Added
Hennessy Advisors Inc277,900$13.5M0.47%−22,000−7.3%Reduced
SEI Investments Co267,587$13.0M0.01%+180,154+206.0%Added
Nuveen, LLC246,940$12.0M0.00%−209,014−45.8%Reduced
Goldman Sachs Group Inc242,521$11.8M0.00%−64,523−21.0%Reduced
Legal & General Group Plc238,244$11.6M0.00%+82,832+53.3%Added
Nordea Investment Management AB232,426$11.3M0.01%+9,100+4.1%Added
PDT Partners, LLC225,909$11.0M0.69%+45,600+25.3%Added
Charles Schwab Investment Management Inc212,631$10.3M0.00%−12,810−5.7%Reduced
Readystate Asset Management LP210,526$10.2M0.50%+210,526New
Triasima Portfolio Management inc.203,420$9.87M1.49%+111,915+122.3%Added
Renaissance Group LLC201,907$9.80M0.37%−90,173−30.9%Reduced
Swiss National Bank201,122$9.76M0.01%+2,700+1.4%Added
Amundi190,416$9.23M0.00%+115,932+155.6%Added
Canada Pension Plan Investment Board188,353$9.14M0.01%+188,353New
Susquehanna Portfolio Strategies, LLC177,698$8.63M0.14%+157,423+776.4%Added
CX Institutional175,663$8.53M0.26%+175,663New
Invesco Ltd.157,782$7.66M0.00%−11,009−6.5%Reduced
Envestnet Asset Management Inc131,628$6.39M0.00%+4,051+3.2%Added
KLP Kapitalforvaltning AS129,797$6.30M0.02%+21,930+20.3%Added
Bridgewater Associates, LP129,443$6.28M0.02%−89,357−40.8%Reduced
Meritage Portfolio Management128,565$6.24M0.42%−13,453−9.5%Reduced
William Blair Investment Management, LLC128,350$6.23M0.02%+16,695+15.0%Added
Connor, Clark & Lunn Investment Management Ltd.117,075$5.68M0.02%+82,207+235.8%Added
Commonwealth of Pennsylvania Public School Empls Retrmt Sys116,300$5.65M0.03%+116,300New
California State Teachers Retirement System115,425$5.60M0.01%+1,770+1.6%Added
Alliancebernstein L.P.109,549$5.32M0.00%+61,388+127.5%Added
Exchange Traded Concepts, LLC108,642$5.27M0.05%+108,642New
Calamos Advisors LLC108,230$5.25M0.02%−11,540−9.6%Reduced
Segall Bryant & Hamill, LLC97,577$4.74M0.06%00.0%Unchanged
Rhumbline Advisers84,921$4.12M0.00%+5,859+7.4%Added
Police & Firemen's Retirement System of New Jersey83,885$4.07M0.03%+22,517+36.7%Added
Nisa Investment Advisors, LLC82,616$4.01M0.02%+82,616New
Vestcor Inc81,129$3.94M0.12%−21,131−20.7%Reduced
LSV Asset Management78,180$3.79M0.01%00.0%Unchanged
Verition Fund Management LLC76,390$3.71M0.02%00.0%Unchanged
Bank of America Corp73,983$3.59M0.00%−31,677−30.0%Reduced
Brandywine Global Investment Management, LLC73,585$3.57M0.02%+73,585New
Two Sigma Advisers, LP73,300$3.56M0.01%−35,800−32.8%Reduced
Ruffer LLP71,312$3.46M0.19%+71,312New
Y-Intercept (Hong Kong) Ltd65,263$3.17M0.08%+65,263New
Future Fund LLC65,058$3.16M1.11%+20,567+46.2%Added
Assetmark, Inc64,865$3.15M0.01%−1,464−2.2%Reduced
Royal Bank of Canada57,800$2.81M0.00%+20,537+55.1%Added
Wells Fargo & Company57,234$2.78M0.00%+49,112+604.7%Added
Man Group plc55,597$2.70M0.01%−36,035−39.3%Reduced
Treasurer of the State of North Carolina55,113$2.67M0.01%+7,123+14.8%Added
West Michigan Advisors, LLC53,510$2.60M0.62%+53,510New
Simplex Trading, LLC51,353$2.49M0.05%+35,581+225.6%Added
BTG Pactual Asset Management US LLC63,937$2.40M0.28%+521+0.8%Added
Neo Ivy Capital Management49,272$2.39M0.58%+49,272New
Raymond James Financial Inc48,532$2.36M0.00%+47,880+7,343.6%Added
Anfield Capital Management, LLC48,278$2.34M0.69%+48,278New
Counterpoint Mutual Funds LLC47,716$2.32M0.18%−4,647−8.9%Reduced
Raiffeisen Bank International AG48,000$2.31M0.03%+6,000+14.3%Added
Quantbot Technologies LP45,966$2.23M0.06%+45,966New
New York State Common Retirement Fund45,711$2.22M0.00%+4,400+10.7%Added
One Capital Management, LLC44,278$2.15M0.07%+16,402+58.8%Added
KBC Group NV44,209$2.15M0.01%+29,211+194.8%Added
Acadian Asset Management LLC42,235$2.05M0.00%+28,830+215.1%Added