Howard Marks's TEO Position Overview
Howard Marks (via Oaktree Capital Management Lp) currently holds 116,105 shares of Telecom Argentina S.A. (TEO) worth $1.51 M, representing 0.02% of the portfolio. First purchased in 2014-Q1, this long-term strategic position has been held for 44 quarters.
Based on 13F filings since 2013, Howard Marks has maintained a long-term strategic position in TEO, representing a significant commitment to this investment thesis. Largest addition occurred in Q4 2019, adding 520,000 shares. Largest reduction occurred in Q2 2026, reducing 1.51 M shares.
Analysis based on 13F filings available since 2013 Q2
Howard Marks's Telecom Argentina (TEO) Holding Value Over Time
Track share changes against reported price movement
Quarterly Telecom Argentina (TEO) Trades by Howard Marks
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q2 2026 | -1.51 M | Reduce 92.84% | 116,105 | $13.00 |
| Q1 2026 | -725,264 | Reduce 30.90% | 1.62 M | $11.69 |
| Q4 2025 | -281,975 | Reduce 10.72% | 2.35 M | $11.61 |
| Q3 2025 | -14,780 | Reduce 0.56% | 2.63 M | $7.27 |
| Q2 2025 | -65,000 | Reduce 2.40% | 2.64 M | $8.83 |
| Q1 2025 | -90,000 | Reduce 3.22% | 2.71 M | $10.19 |
| Q4 2024 | -279,825 | Reduce 9.09% | 2.8 M | $12.59 |
| Q3 2024 | +60,000 | Add 1.99% | 3.08 M | $7.54 |
| Q2 2024 | +369,732 | Add 13.96% | 3.02 M | $7.23 |
| Q1 2024 | +195,200 | Add 7.95% | 2.65 M | $7.95 |
| Q4 2023 | +10,000 | Add 0.41% | 2.45 M | $7.15 |
| Q3 2023 | +410,415 | Add 20.18% | 2.44 M | $4.79 |
| Q3 2022 | -186,759 | Reduce 8.41% | 2.03 M | $4.01 |
| Q4 2021 | -40,000 | Reduce 1.77% | 2.22 M | $5.10 |
| Q2 2020 | +300,000 | Add 15.30% | 2.26 M | $8.95 |
| Q1 2020 | +130,000 | Add 7.10% | 1.96 M | $9.22 |
| Q4 2019 | +520,000 | Add 39.68% | 1.83 M | $11.35 |
| Q3 2019 | +112,500 | Add 9.39% | 1.31 M | $10.00 |
| Q2 2019 | +154,000 | Add 14.75% | 1.2 M | $17.67 |
| Q1 2019 | +105,000 | Add 11.18% | 1.04 M | $14.60 |
| Q4 2018 | +226,500 | Add 31.79% | 939,000 | $15.56 |
| Q3 2018 | +471,500 | Add 195.64% | 712,500 | $17.42 |
| Q2 2018 | +241,000 | New Buy | 241,000 | $17.74 |
| Q3 2016 | -558,151 | Sold Out | 0 | $0.00 |
| Q2 2016 | +38,300 | Add 7.37% | 558,151 | $18.33 |
| Q3 2014 | +9,000 | Add 1.76% | 519,851 | $20.30 |
| Q2 2014 | +185,878 | Add 57.20% | 510,851 | $23.55 |
| Q1 2014 | +324,973 | New Buy | 324,973 | $19.07 |
Howard Marks's Telecom Argentina Investment FAQs
Howard Marks first purchased Telecom Argentina S.A. (TEO) in Q1 2014, acquiring 324,973 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Howard Marks has held Telecom Argentina S.A. (TEO) for 44 quarters since Q1 2014.
Howard Marks's largest addition to Telecom Argentina S.A. (TEO) was in Q4 2019, adding 1,830,500 shares worth $20.78 M.
According to the latest 13F filing for Q2 2026, Howard Marks's firm, Oaktree Capital Management Lp, owns 116,105 shares of Telecom Argentina S.A. (TEO), valued at approximately $1.51 M.
As of the Q2 2026 filing, Telecom Argentina S.A. (TEO) represents approximately 0.02% of Howard Marks's publicly disclosed stock portfolio, making it one of their key holdings.
Howard Marks's peak holding in Telecom Argentina S.A. (TEO) was 3,079,088 shares, as reported at the end of Q3 2024.