Millicom International Cellular S.a. (TIGO) Major Shareholders
Millicom International Cellular shareholders at a glance
The largest holder of Millicom International Cellular stock is Xavier Niel49.53 %, with 83.0 million shares (49.53% of the company), worth about $7.78 billion as of September 25, 2026. The 10 largest holders together own 72.8%.
In Q2 2026, 452 institutional holdings reports listed 87.8 million shares worth $7.14 billion, up 21.1% in shares from Q1 2026.
Major holders as of September 25, 2026; quarterly totals from institutional holdings reports (latest Q2 2026).
Millicom International Cellular S.a.
Shareholders Summary
2026Q2
Ownership by Type
Geographic Distribution
Largest Millicom International Cellular shareholders
| Holder | Shares | % of company | Value |
|---|---|---|---|
| Xavier Niel49.53 % | 83.0 million | 49.53% | $7.8B |
| Dodge & Cox | 8.2 million | 4.91% | $771.0M |
| JPMorgan Investment Management, Inc. | 6.7 million | 4.03% | $633.0M |
| BlackRock Advisors LLC | 6.7 million | 3.98% | $624.0M |
| Millicom International Cellular S.A. | 3.8 million | 2.30% | $361.0M |
| Capital Research & Management Co. (World Investors) | 3.7 million | 2.18% | $343.0M |
| State Street Corporation | 2.8 million | 1.65% | $259.0M |
| Brandes Investment Partners LP | 2.8 million | 1.64% | $258.0M |
| Barclays Bank Plc | 2.7 million | 1.59% | $251.0M |
| Axiom Investors LLC | 1.6 million | 0.95% | $150.0M |
As of September 25, 2026.
Millicom International Cellular institutional holdings by quarter
| Quarter | Reports | Shares | Value |
|---|---|---|---|
| Q2 2026 | 452 | 87.8 million | $7.1B |
| Q1 2026 | 388 | 72.5 million | $5.4B |
| Q4 2025 | 346 | 72.2 million | $4.0B |
| Q3 2025 | 281 | 76.9 million | $3.7B |
| Q2 2025 | 225 | 65.1 million | $2.4B |
| Q1 2025 | 179 | 58.3 million | $1.8B |
| Q4 2024 | 101 | 11.2 million | $281.0M |
| Q3 2024 | 101 | 8.2 million | $223.0M |
Shares and value held by institutions that file quarterly holdings reports (options not included).
Questions and answers
Who owns the most Millicom International Cellular stock?
Xavier Niel49.53 %, with 49.53% of the company (as of September 25, 2026). Next: Dodge & Cox (4.91%) and JPMorgan Investment Management, Inc. (4.03%).
How many institutions own Millicom International Cellular stock?
452 institutional holdings reports listed Millicom International Cellular shares in Q2 2026, 87.8 million shares in all worth $7.14 billion.
