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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
RHS Financial, LLC8,245$400.2K0.21%+829+11.2%Added
Balyasny Asset Management LLC8,957$434.8K0.00%+8,957New
SageView Advisory Group, LLC9,025$438.1K0.02%00.0%Unchanged
Empirical Finance, LLC9,055$439.5K0.02%+134+1.5%Added
Kingswood Wealth Advisors, LLC9,524$462.3K0.03%−543−5.4%Reduced
HSBC Holdings PLC9,818$476.0K0.00%−11,058−53.0%Reduced
Cetera Investment Advisers10,507$510.0K0.00%+10,507New
LWM Advisory Services, LLC10,638$516.4K0.30%00.0%Unchanged
Janney Montgomery Scott LLC10,725$521.0K0.00%−80−0.7%Reduced
Principal Securities, Inc.10,789$523.7K0.01%+3,703+52.3%Added
Marshall Wace, LLP10,910$529.6K0.00%−73,975−87.1%Reduced
Vident Advisory, LLC11,201$543.7K0.01%−1,914−14.6%Reduced
PEAK6 LLC11,744$570.1K0.01%+11,744New
Beese Fulmer Investment Management, Inc.11,803$572.9K0.04%00.0%Unchanged
Quantinno Capital Management LP12,475$605.6K0.00%+5,131+69.9%Added
Atria Investments LLC12,910$626.7K0.01%+12,910New
Sterling Capital Management LLC12,982$630.1K0.01%+6,144+89.9%Added
Campbell & CO Investment Adviser LLC13,135$637.6K0.05%−7,740−37.1%Reduced
State Board of Administration of Florida Retirement System13,360$648.5K0.00%+13,360New
Jane Street Group, LLC13,920$675.7K0.00%−2,849−17.0%Reduced
Cerity Partners LLC14,254$691.9K0.00%+3,511+32.7%Added
Commonwealth Equity Services, LLC15,979$776.0K0.00%+1,974+14.1%Added
MML Investors Services, LLC15,997$776.5K0.00%−4,070−20.3%Reduced
WBI Investments16,578$804.7K0.21%−9,460−36.3%Reduced
Precision Wealth Strategies, LLC16,622$806.8K0.26%+16,622New
Ethic Inc.16,674$809.4K0.01%+16,674New
Neuberger Berman Group LLC17,408$845.0K0.00%−11,824−40.4%Reduced
Susquehanna Fundamental Investments, LLC17,650$856.7K0.03%00.0%Unchanged
Polen Capital Management LLC17,662$857.3K0.00%−1,091−5.8%Reduced
HAP Trading, LLC18,023$874.8K0.24%+18,023New
Plato Investment Management Ltd18,163$874.9K0.06%+18,163New
Wellington Management Group LLP18,153$881.1K0.00%−44,747−71.1%Reduced
Robeco Institutional Asset Management B.V.18,235$885.1K0.00%+18,235New
Voya Investment Management LLC19,664$954.5K0.00%−5,745−22.6%Reduced
Sanctuary Advisors, LLC19,807$961.4K0.01%+19,807New
State of Alaska, Department of Revenue20,000$970.0K0.01%+20,000New
Pictet Asset Management Holding SA20,052$973.3K0.00%+3,220+19.1%Added
Kestra Private Wealth Services, LLC20,242$982.6K0.01%+20,242New
AQR Capital Management LLC20,679$1.00M0.00%+7,798+60.5%Added
Absolute Gestao de Investimentos Ltda.20,862$1.01M0.13%00.0%Unchanged
Capstone Investment Advisors, LLC22,926$1.11M0.01%+22,926New
Two Sigma Investments, LP27,026$1.31M0.00%−3,443−11.3%Reduced
North of South Capital LLP27,054$1.31M0.13%−25,827−48.8%Reduced
LPL Financial LLC27,933$1.36M0.00%+16,168+137.4%Added
ExodusPoint Capital Management, LP28,166$1.37M0.02%+28,166New
BNP Paribas Arbitrage, SA28,234$1.37M0.00%−66,183−70.1%Reduced
Ameriprise Financial Inc28,513$1.38M0.00%+15,325+116.2%Added
CWA Asset Management Group, LLC28,858$1.40M0.05%+2,685+10.3%Added
Dark Forest Capital Management LP30,783$1.49M0.06%+30,783New
Mirabella Financial Services LLP31,706$1.54M0.13%+31,706New
American Century Companies Inc33,706$1.64M0.00%+154+0.5%Added
JustInvest LLC34,010$1.65M0.02%+1,676+5.2%Added
Mariner, LLC34,376$1.67M0.00%−1,472−4.1%Reduced
Militia Capital Partners, LP35,000$1.70M0.79%+2,418+7.4%Added
Handelsbanken Fonder AB35,400$1.72M0.01%+12,100+51.9%Added
Russell Investments Group, Ltd.35,865$1.74M0.00%+9,018+33.6%Added
Nomura Holdings Inc36,034$1.75M0.01%−44,100−55.0%Reduced
Stifel Financial Corp37,108$1.80M0.00%+31,224+530.7%Added
Teacher Retirement System of Texas37,349$1.81M0.01%−7,007−15.8%Reduced
Blackstone Group Inc.37,544$1.82M0.01%+37,544New
Schonfeld Strategic Advisors LLC37,791$1.83M0.01%+19,101+102.2%Added
Causeway Capital Management LLC38,000$1.84M0.02%+38,000New
Zurcher Kantonalbank (Zurich Cantonalbank)39,871$1.94M0.00%+6,143+18.2%Added
Wexford Capital LP40,000$1.94M0.58%00.0%Unchanged
CBOE Vest Financial, LLC40,969$1.99M0.03%+21,849+114.3%Added
Oak Thistle LLC41,207$2.00M0.30%+41,207New
Acadian Asset Management LLC42,235$2.05M0.00%+28,830+215.1%Added
KBC Group NV44,209$2.15M0.01%+29,211+194.8%Added
One Capital Management, LLC44,278$2.15M0.07%+16,402+58.8%Added
New York State Common Retirement Fund45,711$2.22M0.00%+4,400+10.7%Added
Quantbot Technologies LP45,966$2.23M0.06%+45,966New
Raiffeisen Bank International AG48,000$2.31M0.03%+6,000+14.3%Added
Counterpoint Mutual Funds LLC47,716$2.32M0.18%−4,647−8.9%Reduced
Anfield Capital Management, LLC48,278$2.34M0.69%+48,278New
Raymond James Financial Inc48,532$2.36M0.00%+47,880+7,343.6%Added
Neo Ivy Capital Management49,272$2.39M0.58%+49,272New
BTG Pactual Asset Management US LLC63,937$2.40M0.28%+521+0.8%Added
Simplex Trading, LLC51,353$2.49M0.05%+35,581+225.6%Added
West Michigan Advisors, LLC53,510$2.60M0.62%+53,510New
Treasurer of the State of North Carolina55,113$2.67M0.01%+7,123+14.8%Added
Man Group plc55,597$2.70M0.01%−36,035−39.3%Reduced
Wells Fargo & Company57,234$2.78M0.00%+49,112+604.7%Added
Royal Bank of Canada57,800$2.81M0.00%+20,537+55.1%Added
Assetmark, Inc64,865$3.15M0.01%−1,464−2.2%Reduced
Future Fund LLC65,058$3.16M1.11%+20,567+46.2%Added
Y-Intercept (Hong Kong) Ltd65,263$3.17M0.08%+65,263New
Ruffer LLP71,312$3.46M0.19%+71,312New
Two Sigma Advisers, LP73,300$3.56M0.01%−35,800−32.8%Reduced
Brandywine Global Investment Management, LLC73,585$3.57M0.02%+73,585New
Bank of America Corp73,983$3.59M0.00%−31,677−30.0%Reduced
Verition Fund Management LLC76,390$3.71M0.02%00.0%Unchanged
LSV Asset Management78,180$3.79M0.01%00.0%Unchanged
Vestcor Inc81,129$3.94M0.12%−21,131−20.7%Reduced
Nisa Investment Advisors, LLC82,616$4.01M0.02%+82,616New
Police & Firemen's Retirement System of New Jersey83,885$4.07M0.03%+22,517+36.7%Added
Rhumbline Advisers84,921$4.12M0.00%+5,859+7.4%Added
Segall Bryant & Hamill, LLC97,577$4.74M0.06%00.0%Unchanged
Calamos Advisors LLC108,230$5.25M0.02%−11,540−9.6%Reduced
Exchange Traded Concepts, LLC108,642$5.27M0.05%+108,642New
Alliancebernstein L.P.109,549$5.32M0.00%+61,388+127.5%Added