Fourth Sail Capital LP: TELECOM ARGENTINA SA (TEO): Quarterly 13F Position History
As of Q1 2026, Fourth Sail Capital LP reported 2,500,000 shares of TELECOM ARGENTINA SA (TEO), worth $29.2M and representing 4.8% of its 13F equity book. Quarter-over-quarter share count change: + 2,046,598 (+451.4%) . The position first appeared in Q3 2025 and has been disclosed across 3 13F-HR filings in Pactolio's tracked window.
- 2,500,000Shares Held (Latest Filing)
- $29.2MReported Market Value (Latest Filing)
- 4.8%Portfolio Weight (% of 13F Equity Book)
- +2,046,598Quarter-over-Quarter Share Change
- +$24.0MQuarter-over-Quarter Value Change
- 2,500,000Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 3 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q1 2026 | 2,500,000 | +2,046,598 | +451.4% | $29.2M | 4.8% | $11.7 |
| Q4 2025 | 453,402 | 1,178,820 | -72.2% | $5.3M | 0.8% | $11.6 |
| Q3 2025 | 1,632,222 | — | — | $11.9M | 2.9% | $7.3 |
Methodology & FAQ
How This Position History Is Sourced
Each row is one SEC Form 13F-HR filing disclosing this position. Share count, market value, and reported quarter are taken verbatim from the filing; portfolio weight is recomputed against the same filing's total reported equity book. Implied price-per-share is market value divided by shares — a quarter-end mark, not the manager's cost basis. See the full methodology document for the normalization rules.
When did Fourth Sail Capital LP first disclose a TEO position in 13F-HR filings?
Fourth Sail Capital LP first reported TELECOM ARGENTINA SA (TEO) on its 13F-HR filing for the period ending 2025-09-30 (Q3 2025). The position has appeared on 3 reported quarters within Pactolio's tracked window.
What was Fourth Sail Capital LP's most recent quarter-over-quarter share-count change in TEO?
Between Q4 2025 and Q1 2026, Fourth Sail Capital LP added 2,046,598 shares of TEO (+451.4%), bringing the total reported position to 2,500,000 shares at a market value of $29.2M.
Does the implied price-per-share represent Fourth Sail Capital LP's cost basis in TEO?
No. The implied price-per-share column is the 13F-HR reported market value divided by reported share count on the filing date (end of quarter). It is a quarter-end mark, not a cost basis or transaction price. Use it as a sanity check on the value column, not as an indicator of the manager's entry or exit price.