MILLICOM INTERNATIONAL CELLULAR SA - Common Shares (TIGO) Institutional Ownership

13F Institutional Holders and Ownership History from Q1 2014 to Q4 2025

Type / Class
Equity / Common Shares
Symbol
TIGO on Nasdaq
Shares outstanding
166,990,564
Price per share
$55.44
All holders as of 30 Sep 2025
Q3 2025
Total 13F shares
70,347,002
Total reported value
$3,413,790,322
% of total 13F portfolios
0%
Share change
+5,398,643
Value change
+$335,252,364
Number of holders
262
Reported Shares, Excluding Options vs Price
Reported Value, Excluding Options
Total Investors

Significant Owners of MILLICOM INTERNATIONAL CELLULAR SA - Common Shares (TIGO) based on Schedule 13D/G filings

Filer Ownership Change % Holdings Value Net Change Nb Shares Change % Reporting Name Report Period
Atlas Investissement SAS 42% 0% $3,420,614,674 70,470,018 0% Atlas Investissement SAS 12 Nov 2025

As of 30 Sep 2025, 262 institutional investors reported holding 70,347,002 shares of MILLICOM INTERNATIONAL CELLULAR SA - Common Shares (TIGO). This represents 42% of the company’s total 166,990,564 outstanding shares.

Top 25 Institutional Shareholders

The largest institutional shareholders of MILLICOM INTERNATIONAL CELLULAR SA - Common Shares (TIGO) together control 33% of the company’s outstanding shares — a level of ownership often associated with strong institutional conviction and long‑term capital commitment.

Institution Ownership % Shares Held Share Change % Portfolio % Holdings Value
Dodge & Cox 5.1% 8,448,632 -4.4% 0.22% $410,096,597
JPMORGAN CHASE & CO 3.9% 6,459,716 +349% 0.02% $313,554,615
BRANDES INVESTMENT PARTNERS, LP 3.5% 5,835,307 -12% 2.3% $283,245,830
PRICE T ROWE ASSOCIATES INC /MD/ 3.5% 5,831,882 +0.07% 0.03% $283,080,000
BlackRock, Inc. 3.2% 5,303,386 +7% 0% $257,426,356
BARCLAYS PLC 1.7% 2,895,215 +1.7% 0.05% $140,533,736
Perpetual Ltd 1.6% 2,731,971 +5283% 1.6% $132,609,872
Swedbank AB 1.4% 2,395,664 -5.7% 0.12% $116,285,531
STATE STREET CORP 1.2% 1,982,949 +8.9% 0% $96,252,765
Boston Partners 0.94% 1,561,965 -47% 0.08% $75,817,780
NORTHERN TRUST CORP 0.76% 1,271,086 +128% 0.01% $61,698,514
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.73% 1,217,053 -44% 0.04% $59,075,753
Marathon Asset Management Ltd 0.59% 984,528 1.8% $47,788,863
FIRST TRUST ADVISORS LP 0.58% 969,140 +56% 0.04% $47,042,055
DEUTSCHE BANK AG\ 0.5% 836,689 -3.7% 0.01% $40,612,883
GEODE CAPITAL MANAGEMENT, LLC 0.47% 791,323 +3.1% 0% $38,403,222
VICTORY CAPITAL MANAGEMENT INC 0.45% 744,511 +0.38% 0.02% $36,138,564
GAMCO INVESTORS, INC. ET AL 0.43% 716,183 -8.6% 0.34% $34,763,523
Triodos Investment Management BV 0.42% 709,000 -12% 2.5% $34,393,590
RENAISSANCE TECHNOLOGIES LLC 0.42% 700,634 -14% 0.04% $34,008,774
Qube Research & Technologies Ltd 0.39% 647,955 -42% 0.04% $31,451,736
Cullen Capital Management, LLC 0.39% 643,031 0.34% $31,212,725
MORGAN STANLEY 0.37% 613,717 -51% 0% $29,789,906
CREDIT AGRICOLE S A 0.34% 564,519 0.09% $27,401,753
BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.33% 551,539 +91% 0.07% $26,772,000

Institutional Holders of MILLICOM INTERNATIONAL CELLULAR SA - Common Shares (TIGO) across Reporting Periods

Period Reported Shares, Excl. Options Value, Excl. Options Value Change Price (Median) Investors
2025 Q4 914,404 $50,717,416 -$29,104,454 $55.44 22
2025 Q3 70,347,002 $3,413,790,322 +$335,252,364 $48.54 262
2025 Q2 65,018,758 $2,426,065,753 +$252,571,708 $37.47 217
2025 Q1 58,219,975 $1,761,548,546 +$1,419,406,397 $30.27 170
2024 Q4 11,237,145 $281,030,464 +$75,362,426 $25.01 97
2024 Q3 8,147,686 $221,054,724 -$13,649,226 $27.12 95
2024 Q2 8,739,507 $214,308,861 +$12,828,566 $24.55 94
2024 Q1 8,241,950 $166,679,212 +$6,586,029 $20.23 74
2023 Q4 7,929,177 $142,756,344 +$23,396 $18.00 62
2023 Q3 7,417,584 $114,596,847 +$10,699,625 $15.45 60
2023 Q2 6,717,269 $102,354,257 -$6,147,901 $15.24 61
2023 Q1 7,011,209 $132,649,730 -$7,828,119 $18.92 61
2022 Q4 7,467,072 $94,371,300 +$6,605,133 $12.63 57
2022 Q3 6,953,070 $79,257,150 -$1,954,106 $11.41 47
2022 Q2 7,030,869 $101,050,000 +$7,402,545 $14.37 54
2022 Q1 5,005,743 $126,222,000 +$19,979,724 $25.21 51
2021 Q4 4,198,785 $119,466,535 -$542,112 $28.45 46
2021 Q3 4,187,203 $151,343,000 -$28,020,202 $36.15 43
2021 Q2 4,950,124 $195,882,000 -$29,959,659 $39.57 50
2021 Q1 5,717,226 $218,543,000 -$7,280,259 $38.21 46
2020 Q4 5,882,894 $228,198,000 -$51,636,508 $38.79 43
2020 Q3 7,242,956 $219,323,000 -$28,471,049 $30.28 44
2020 Q2 8,329,611 $217,814,529 +$33,588,393 $26.15 40
2020 Q1 7,028,739 $199,606,085 -$6,245,658 $28.40 37
2019 Q4 7,228,009 $348,585,145 +$64,492,165 $48.23 42
2019 Q3 6,915,494 $336,833,146 -$3,441,102 $48.67 45
2019 Q2 6,973,485 $388,970,349 +$26,486,632 $55.71 47
2019 Q1 6,492,126 $396,289,406 +$287,325,140 $60.84 39
2018 Q4 1,782,840 $113,495,000 +$3,445,955 $63.65 4
2018 Q3 1,724,859 $98,610,000 +$1,170,441 $57.17 3
2018 Q2 1,704,386 $100,133,000 +$1,031,535 $58.75 3
2018 Q1 1,686,828 $116,729,000 -$2,510,390 $69.20 3
2017 Q4 1,723,105 $116,154,000 +$7,151,116 $67.41 3
2017 Q3 1,617,016 $106,432,000 -$1,720,656 $65.82 2
2017 Q2 1,643,158 $97,769,000 -$3,881,069 $59.50 2
2017 Q1 1,708,385 $95,516,000 +$1,849,114 $55.91 2
2016 Q4 1,675,312 $70,950,000 +$9,161,840 $42.35 2
2016 Q3 1,458,979 $76,159,000 +$4,142,061 $52.20 2
2016 Q2 1,379,630 $84,282,000 +$7,150,886 $61.09 2
2016 Q1 1,262,589 $69,608,000 +$2,959,884 $56.05 4
2015 Q4 1,211,497 $69,755,000 -$31,914 $57.71 3
2015 Q3 1,209,208 $75,648,000 +$10,533,684 $62.56 2
2015 Q2 1,040,828 $76,990,000 +$1,709,562 $73.97 2
2015 Q1 1,017,718 $73,428,000 +$1,238,941 $72.14 2
2014 Q4 1,000,453 $74,914,000 -$74,904 $74.91 2
2014 Q3 1,001,446 $80,186,000 -$1,386,615 $80.07 3
2014 Q2 1,018,759 $93,328,000 -$3,073,922 $91.25 4
2014 Q1 1,049,417 $107,041,000 +$2,896,126 $102.00 5