Millicom International Cellular S.A (TIGO) Ownership
TIGO ownership summary
as of October 17, 2026- Institutions
- 49.5% of shares outstanding
- Insiders
- 46.07% of shares outstanding
- Shares outstanding
- 167.7M
- Float
- 90.0M shares available to trade
- Short interest
- 2.83% 2.7M shares short
- Days to cover
- 3.21 short interest down 12.7% vs prior month
- Institutions 49.46%
- Insiders 46.07%
- Other investors 4.47%
TIGO top institutional holders
20 largest| # | Holder | % of shares | Shares | Value | Change | Reported |
|---|---|---|---|---|---|---|
| 1 | Dodge & Cox | 4.90% | 8.2M | $681.0M | +56,100 (+0.7%) | June 30, 2026 |
| 2 | BlackRock Inc | 4.85% | 8.1M | $674.4M | +2.1M (+35.6%) | June 30, 2026 |
| 3 | JPMorgan Chase & Co | 4.02% | 6.7M | $559.1M | −676,038 (−9.1%) | June 30, 2026 |
| 4 | Capital World Investors | 2.18% | 3.7M | $303.2M | +3.7M (0.0%) | June 30, 2026 |
| 5 | State Street Corp | 1.65% | 2.8M | $229.3M | +490,629 (+21.5%) | June 30, 2026 |
| 6 | Brandes Investment Partners & Co | 1.64% | 2.8M | $228.2M | −506,977 (−15.5%) | June 30, 2026 |
| 7 | Barclays PLC | 1.59% | 2.7M | $221.4M | −270,783 (−9.2%) | June 30, 2026 |
| 8 | Axiom Investors | 0.95% | 1.6M | $132.2M | +1.4M (+625.3%) | June 30, 2026 |
| 9 | Swedbank AB | 0.92% | 1.5M | $128.0M | −60,827 (−3.8%) | June 30, 2026 |
| 10 | Geode Capital Management, LLC | 0.92% | 1.5M | $127.6M | +751,911 (+95.4%) | June 30, 2026 |
| 11 | Northern Trust Corp | 0.87% | 1.5M | $120.6M | +226,672 (+18.4%) | June 30, 2026 |
| 12 | UBS Group AG | 0.81% | 1.4M | $112.5M | +408,302 (+43.0%) | June 30, 2026 |
| 13 | William Blair Investment Management, LLC | 0.78% | 1.3M | $108.5M | −96,063 (−6.8%) | June 30, 2026 |
| 14 | Perpetual Ltd | 0.78% | 1.3M | $108.5M | −450,792 (−25.6%) | June 30, 2026 |
| 15 | The Goldman Sachs Group Inc | 0.70% | 1.2M | $97.5M | −34,303 (−2.8%) | June 30, 2026 |
| 16 | NORGES BANK | 0.69% | 1.2M | $96.0M | +1.2M (0.0%) | June 30, 2026 |
| 17 | Marathon Asset Mgmt Ltd | 0.64% | 1.1M | $88.4M | −40,509 (−3.7%) | June 30, 2026 |
| 18 | Tredje AP-fonden | 0.62% | 1.0M | $86.3M | −218,100 (−17.3%) | June 30, 2026 |
| 19 | Morgan Stanley - Brokerage Accounts | 0.61% | 1.0M | $84.6M | +242,965 (+31.2%) | June 30, 2026 |
| 20 | TD Asset Management Inc | 0.54% | 909K | $75.3M | +148,880 (+19.6%) | June 30, 2026 |
Value at the latest close. Change = shares bought or sold in the latest quarterly filing (13F). In the top 20, 11 holders added 10.7M shares and 9 cut 2.4M.
TIGO top mutual fund and ETF holders
20 largest| # | Holder | % of shares | Shares | Value | Change | Reported |
|---|---|---|---|---|---|---|
| 1 | Dodge & Cox International Stock I | 4.50% | 7.6M | $625.7M | — | June 30, 2026 |
| 2 | American Funds New Perspective A | 1.28% | 2.2M | $178.3M | +2.2M (0.0%) | June 30, 2026 |
| 3 | JPMorgan Emerging Markets Equity L | 0.71% | 1.2M | $98.3M | −85,771 (−6.7%) | August 31, 2026 |
| 4 | JPM Emerging Mkts Eq A dist USD | 0.48% | 810K | $67.1M | — | August 31, 2026 |
| 5 | JHancock International Dynamic Gr NAV | 0.47% | 796K | $66.0M | +47,430 (+6.3%) | July 31, 2026 |
| 6 | iShares Core MSCI EAFE ETF | 0.43% | 723K | $59.9M | +1,875 (+0.3%) | September 30, 2026 |
| 7 | American Funds EUPAC A | 0.36% | 611K | $50.6M | +610,516 (0.0%) | June 30, 2026 |
| 8 | Cullen Emerging Markets High Div I | 0.36% | 598K | $49.6M | −45,000 (−7.0%) | June 30, 2026 |
| 9 | ÖkoWorld ÖkoVision Classic C | 0.35% | 585K | $48.5M | — | June 30, 2026 |
| 10 | JOHCM International Select Institutional | 0.34% | 573K | $47.5M | — | August 31, 2026 |
| 11 | TD International Equity Focused D | 0.34% | 572K | $47.4M | — | June 30, 2026 |
| 12 | JPM Emerging Markets C Net Acc | 0.34% | 565K | $46.8M | — | August 31, 2026 |
| 13 | iShares Latin America 40 ETF | 0.33% | 550K | $45.6M | — | September 30, 2026 |
| 14 | First Trust NASDAQ Technology Div ETF | 0.28% | 467K | $38.7M | −599 (−0.1%) | September 30, 2026 |
| 15 | LarrainVial Latin American Equity I | 0.27% | 460K | $38.1M | +460,212 (0.0%) | February 28, 2026 |
| 16 | JPM Europe Eq Pl A perf acc EUR | 0.27% | 458K | $38.0M | — | August 31, 2026 |
| 17 | Brandes Emerging Markets Value I | 0.27% | 448K | $37.1M | — | June 30, 2026 |
| 18 | Triodos Pioneer Impact EUR R Acc | 0.23% | 389K | $32.2M | — | August 31, 2026 |
| 19 | iShares Russell Mid-Cap ETF | 0.22% | 373K | $30.9M | +684 (+0.2%) | September 30, 2026 |
| 20 | Vanguard High Dividend Yield ETF | 0.22% | 367K | $30.4M | +2,826 (+0.8%) | August 31, 2026 |
Funds report holdings monthly or quarterly; dates differ by fund.
TIGO shares outstanding
Year-end shares outstanding, adjusted for splits.
Who owns TIGO
Institutional investors own 49.5% of Millicom International Cellular S.A's shares and insiders 46.07%. The largest holder is Dodge & Cox with 4.90% of the shares (8.2M), as of June 30, 2026. Among the top 20 institutions, 11 added shares and 9 reduced their stake in the latest filings. Short interest is 2.83% of the float, or 3.21 days of average trading volume. The share count rose 68.0% since 2014.
Related: TIGO analyst forecast, TIGO key metrics, TIGO dividend history. See the TIGO stock overview for the latest quote and news.
TIGO ownership FAQ
Who owns the most Millicom International Cellular S.A stock?
The largest shareholders of Millicom International Cellular S.A are Dodge & Cox (4.90%), BlackRock Inc (4.85%), JPMorgan Chase & Co (4.02%), Capital World Investors (2.18%), State Street Corp (1.65%).
What percentage of Millicom International Cellular S.A is owned by institutions?
Institutions hold 49.5% of Millicom International Cellular S.A's shares outstanding; insiders hold 46.07%.
Which funds own Millicom International Cellular S.A?
The largest fund holders of Millicom International Cellular S.A are Dodge & Cox International Stock I (4.50%), American Funds New Perspective A (1.28%), JPMorgan Emerging Markets Equity L (0.71%), JPM Emerging Mkts Eq A dist USD (0.48%), JHancock International Dynamic Gr NAV (0.47%).
What is Millicom International Cellular S.A's short interest?
2.7M shares of Millicom International Cellular S.A were sold short, 2.83% of the float; at the average daily volume it would take 3.21 days to cover.
How many shares of Millicom International Cellular S.A are outstanding?
Millicom International Cellular S.A has 167.7M shares outstanding, of which 90.0M are in the public float.