TIM S.A. - Depositary Receipt (Common Stock)
DE ˙ DB
18,40 € ↓ -0,20 (-1,08%)
2026-06-04
DEL PRIS
SecurityDE:TCZ / TIM S.A. - Depositary Receipt (Common Stock)
InstitutionMarshall Wace, Llp
Latest Disclosed Ownership217,879 shares
Latest Disclosed Value $ 5,771,614
Marshall Wace, Llp reports 317.96% increase in ownership of TCZ / TIM S.A. - Depositary Receipt (Common Stock)

On May 14, 2026 - Marshall Wace, Llp filed a 13F-HR form disclosing ownership of 217,879 shares of TIM S.A. - Depositary Receipt (Common Stock) (DE:TCZ) valued at $4,836,914 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 13, 2026 disclosing 52,129 shares of TIM S.A. - Depositary Receipt (Common Stock). This represents a change in shares of 317.96% during the quarter. The current value of the position is $4,008,974 USD.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

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Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2026-05-14 2026-03-31 13F TIM SA-ADR ADR 88706T108 217,879 165,750 317.96 5,772 469.69 0.0057
2026-02-13 2025-12-31 13F TIM SA-ADR ADR 88706T108 52,129 52,129 1,014 0.0009
2025-05-15 2025-03-31 13F TIM SA-ADR ADR 88706T108 0 -178,023 -100.00 0 -100.00
2025-02-13 2024-12-31 13F TIM SA-ADR ADR 88706T108 178,023 131,023 278.77 2,094 158.71 0.0025
2024-11-14 2024-09-30 13F TIM SA-ADR ADR 88706T108 47,000 47,000 809 0.0010
2024-08-14 2024-06-30 13F TIM SA-ADR ADR 88706T108 0 -52,765 -100.00 0 -100.00
2024-05-15 2024-03-31 13F TIM SA-ADR ADR 88706T108 52,765 52,765 937 0.0014
2022-11-14 2022-09-30 13F TIM SA-ADR ADR 88706T108 0 -207,850 -100.00 0 -100.00
2022-08-15 2022-06-30 13F TIM SA-ADR ADR 88706T108 207,850 -55,308 -21.02 2,524 -33.84 0.0052
2022-05-16 2022-03-31 13F TIM SA-ADR ADR 88706T108 263,158 134,151 103.99 3,815 154.33 0.0072
2022-02-14 2021-12-31 13F TIM SA-ADR ADR 88706T108 129,007 89,920 230.05 1,500 257.14 0.0028
2021-11-15 2021-09-30 13F TIM SA-ADR ADR 88706T108 39,087 39,087 420 0.0017
2021-08-13 2021-06-30 13F TIM SA-ADR ADR 88706T108 0 -191,300 -100.00 0 -100.00
2021-05-17 2021-03-31 13F TIM SA-ADR ADR 88706T108 191,300 69,848 57.51 2,171 28.46 0.0100
2021-02-16 2020-12-31 13F TIM SA-ADR ADR 88706T108 121,452 121,452 1,690 0.0092
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.