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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, Q4 2025

Institutional positions in Millicom International Cellular 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
330
+67 vs. Q3 2025
Shares held
72.1M
+1.70M (+2.4%) vs. Q3 2025
Total value
$3.99B
+$578.8M (+16.9%) vs. Q3 2025
New holders
95
125 more added
Sold out
28
82 more reduced

3 institutions 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 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 holdersQ4 2025: 330 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 heldQ4 2025: $3.99B
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, Q4 2025

Shares, value and share of portfolio for each institution holding Millicom International Cellular SA; share changes are against Q3 2025.

Institutions holding TIGO in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Lummis Asset Management, LP3$480.00%+3New
MV Capital Management, Inc.1$560.00%+1New
Addison Advisors LLC2$1110.00%00.0%Unchanged
Huntington National Bank4$2220.00%+4New
Reflection Asset Management21$3190.00%+21New
Keating Financial Advisory Services, Inc.6$3330.00%+6New
Tower View Investment Management & Research LLC23$3650.00%+23New
Bell Investment Advisors, Inc13$7210.00%00.0%Unchanged
Activest Wealth Management17$9420.00%+17New
Financial Consulate, Inc17$9430.00%+5+41.7%Added
Atlantic Union Bankshares Corp75$1.19K0.00%+75New
Zions Bancorporation, National Association22$1.22K0.00%+22New
Quent Capital, LLC25$1.39K0.00%+22+733.3%Added
UMA Financial Services, Inc.29$1.61K0.00%00.0%Unchanged
Quarry LP30$1.66K0.00%−2,917−99.0%Reduced
Private Trust Co NA47$2.58K0.00%+2+4.4%Added
Parallel Advisors, LLC47$2.61K0.00%00.0%Unchanged
Caitlin John, LLC49$2.72K0.00%00.0%Unchanged
IFC & Insurance Marketing, Inc.50$3.00K0.00%+50New
Stone House Investment Management, LLC60$3.33K0.00%−35−36.8%Reduced
AXS Investments LLC62$3.44K0.00%−5−7.5%Reduced
Crewe Advisors LLC63$3.49K0.00%00.0%Unchanged
Clearstead Advisors, LLC64$3.55K0.00%−91−58.7%Reduced
Johnson Financial Group, Inc.244$3.86K0.00%+244New
Essential Partners LLC70$3.88K0.00%+67+2,233.3%Added
Rothschild Investment LLC81$4.49K0.00%+61+305.0%Added
Atlantic Trust, LLC85$4.71K0.00%+46+117.9%Added
ORG Partners LLC90$4.99K0.00%00.0%Unchanged
Global Retirement Partners, LLC95$5.27K0.00%+95New
Meeder Asset Management Inc141$7.82K0.00%00.0%Unchanged
WealthCollab, LLC143$7.93K0.00%00.0%Unchanged
Larson Financial Group LLC170$9.43K0.00%+124+269.6%Added
Federated Hermes, Inc.173$9.59K0.00%+42+32.1%Added
Transamerica Financial Advisors, Inc.179$9.92K0.00%+179New
Massmutual Trust Co FSB205$11.4K0.00%+121+144.0%Added
Golden State Wealth Management, LLC207$11.5K0.00%+207New
Matrix Trust Co234$13.0K0.00%+234New
Bessemer Group Inc244$14.0K0.00%00.0%Unchanged
Geneos Wealth Management Inc.253$14.0K0.00%+133+110.8%Added
Caitong International Asset Management Co., Ltd263$14.6K0.00%+66+33.5%Added
Triumph Capital Management300$16.6K0.00%+300New
Park Place Capital Corp308$17.1K0.00%−85−21.6%Reduced
Jones Financial Companies LLLP372$20.6K0.00%+70+23.2%Added
Rockefeller Capital Management L.P.375$20.8K0.00%00.0%Unchanged
SRS Capital Advisors, Inc.422$23.4K0.00%−849−66.8%Reduced
Byrne Asset Management LLC1,494$23.7K0.01%+1,494New
Smartleaf Asset Management LLC455$25.1K0.00%−61−11.8%Reduced
Allworth Financial LP455$25.2K0.00%+418+1,129.7%Added
Altshuler Shaham Ltd463$25.7K0.00%+463New
US Bancorp476$26.4K0.00%+70+17.2%Added
Ronald Blue Trust, Inc.485$26.9K0.00%+427+736.2%Added
Harbor Capital Advisors, Inc.499$28.0K0.00%−33−6.2%Reduced
Spire Wealth Management525$29.1K0.00%+525New
Cape Investment Advisory, Inc.539$29.9K0.01%+93+20.9%Added
GAMMA Investing LLC573$31.8K0.00%+335+140.8%Added
The PNC Financial Services Group, Inc.727$40.3K0.00%+68+10.3%Added
Quadrant Capital Group LLC891$49.4K0.00%00.0%Unchanged
IFP Advisors, Inc1,090$60.4K0.00%+88+8.8%Added
Farther Finance Advisors, LLC1,095$60.7K0.00%+70+6.8%Added
Aster Capital Management (DIFC) Ltd1,100$61.0K0.03%+1,100New
Employees Retirement System of Texas1,097$61.0K0.00%00.0%Unchanged
Carolina Wealth Advisors, LLC1,213$67.2K0.03%00.0%Unchanged
CIBC Private Wealth Group, LLC1,383$76.7K0.00%+2+0.1%Added
Clear Street Markets LLC1,572$87.2K0.02%+1,572New
MetLife Investment Management1,632$90.5K0.00%−81−4.7%Reduced
SageView Advisory Group, LLC2,025$112.3K0.00%−7,000−77.6%Reduced
Tower Research Capital LLC (TRC)2,207$122.4K0.00%+1,786+424.2%Added
STRS Ohio2,389$132.4K0.00%−67−2.7%Reduced
EverSource Wealth Advisors, LLC2,470$136.9K0.01%+603+32.3%Added
Signaturefd, LLC2,499$138.6K0.00%+613+32.5%Added
Vinland Capital Management Gestora de Recursos LTDA.2,590$143.6K2.08%−1,010−28.1%Reduced
CWM, LLC2,725$151.0K0.00%+1,858+214.3%Added
Globeflex Capital L P3,392$188.1K0.03%+3,392New
JMN Financial LLC3,687$204.4K0.20%+3,687New
Bailard, Inc.3,702$205.2K0.00%+3,702New
Merit Financial Group, LLC3,748$207.8K0.00%+3,748New
Stratos Wealth Partners, LTD.3,793$210.3K0.00%+3,793New
Thrivent Financial for Lutherans3,839$213.0K0.00%+3,839New
Strid Group, LLC3,848$213.3K0.03%+3,848New
Wealth Enhancement Advisory Services, LLC3,770$213.4K0.00%+3,770New
EP Wealth Advisors, LLC3,921$217.4K0.00%+3,921New
USA Financial Portformulas Corp3,960$219.5K0.04%−1,414−26.3%Reduced
SBI Securities Co., Ltd.3,967$219.9K0.01%+612+18.2%Added
Brown Advisory Inc4,000$221.8K0.00%+4,000New
S.E.E.D. Planning Group LLC4,000$221.8K0.06%+4,000New
Highland Capital Management, LLC4,027$223.3K0.01%+4,027New
CI Private Wealth, LLC4,058$224.9K0.00%+4,058New
Seven Mile Advisory4,068$225.5K0.04%+4,068New
Sagewood Asset Management LP4,109$227.8K0.08%+4,109New
TCG Advisory Services, LLC4,122$228.5K0.01%+4,122New
NBC Securities, Inc.4,212$233.5K0.02%+21+0.5%Added
Advisor Group Holdings, Inc.4,506$249.6K0.00%−1,329−22.8%Reduced
Principal Street Partners, LLC4,527$251.0K0.04%−1,416−23.8%Reduced
Empirical Financial Services, LLC d.b.a. Empirical Wealth Management4,571$253.4K0.00%+4,571New
denkapparat Operations GmbH4,578$253.8K0.14%+4,578New
Mercer Global Advisors Inc4,788$265.4K0.00%+4,788New
Savant Capital, LLC4,941$273.9K0.00%−195−3.8%Reduced
Gabelli & Co Investment Advisers, Inc.5,000$277.2K0.04%00.0%Unchanged
Archford Capital Strategies, LLC5,076$281.4K0.03%+398+8.5%Added
Gsa Capital Partners LLP5,211$289.0K0.02%+5,211New