TIMBNYSETelephone Communications (No Radiotelephone)Fiscal year ends December 31
TIM S.A.
Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 20-F on Mar 30, 2026
$18.67+0.00 (0.00%)
Close on Oct 19, 2026
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
0.9%
21M of 2.39B shares
Institutional holders
168
35 new, 27 sold out
Net institutional buying
-1M
In Q2 2026
Insider trades, 12 months
0 buys · 4 sales
Net sold $303.08K
Shares held by institutions
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of TIMB | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| Robeco Institutional Asset Management B.V. | 3,820,922 | 0.16% | $81.84M | −184,879 | 0.10% |
| Renaissance Technologies LLC | 1,729,274 | 0.07% | $37.04M | −57,151 | 0.05% |
| Alliancebernstein L.P. | 1,620,456 | 0.07% | $42.93M | +248,351 | 0.01% |
| BlackRock, Inc. | 1,104,164 | 0.05% | $23.65M | −226,610 | 0.00% |
| Nomura Asset Management International Inc. | 1,038,861 | 0.04% | $22.25M | −153,970 | 0.03% |
| Arrowstreet Capital, Limited Partnership | 817,887 | 0.03% | $17.52M | −380,788 | 0.01% |
| American Century Companies Inc | 792,477 | 0.03% | $16.97M | +74,337 | 0.01% |
| UBS Group AG | 687,613 | 0.03% | $14.73M | +122,639 | 0.00% |
| State Street Corp | 658,063 | 0.03% | $14.30M | −18,162 | 0.00% |
| Assetmark, Inc | 654,385 | 0.03% | $14.02M | +163,907 | 0.02% |
| Crossmark Global Holdings, Inc. | 617,709 | 0.03% | $13.23M | +1,011 | 0.17% |
| Connor, Clark & Lunn Investment Management Ltd. | 595,184 | 0.02% | $12.75M | +235,606 | 0.02% |
| JPMorgan Chase & Co | 576,996 | 0.02% | $12.45M | −349,674 | 0.00% |
| O'Shaughnessy Asset Management, LLC | 428,959 | 0.02% | $9.19M | +17,193 | 0.04% |
| Tredje AP-fonden | 378,446 | 0.02% | $8.11M | +316,646 | 0.04% |
| Vanguard Capital Management LLC | 351,966 | 0.01% | $7.54M | −153,232 | 0.00% |
| Qube Research & Technologies Ltd | 346,088 | 0.01% | $7.41M | +189,998 | 0.01% |
| Creative Planning | 245,768 | 0.01% | $5.26M | +85,549 | 0.00% |
| Schroder Investment Management Group | 223,124 | 0.01% | $4.82M | −70,412 | 0.00% |
| Citadel Advisors LLC | 210,923 | 0.01% | $4.52M | +96,800 | 0.00% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 168 | 21M | 0.9% | 35 / 52 | 56 / 27 | 2M | 3M |
| Q1 2026 | 165 | 22M | 0.9% | 45 / 56 | 47 / 18 | 5M | 2M |
| Q4 2025 | 141 | 19M | 0.8% | 32 / 52 | 42 / 20 | 3M | 4M |
| Q3 2025 | 132 | 20M | 0.8% | 29 / 63 | 28 / 15 | 2M | 1M |
| Q2 2025 | 120 | 19M | 0.8% | 22 / 48 | 34 / 19 | 2M | 4M |
| Q1 2025 | 120 | 22M | 0.9% | 22 / 43 | 40 / 27 | 3M | 5M |
| Q4 2024 | 128 | 23M | 1.0% | 30 / 43 | 41 / 27 | 4M | 3M |
| Q3 2024 | 126 | 22M | 0.9% | 22 / 42 | 44 / 14 | 5M | 3M |
| Q2 2024 | 120 | 21M | 0.9% | 21 / 45 | 39 / 12 | 3M | 2M |
| Q1 2024 | 112 | 20M | 0.9% | 16 / 56 | 29 / 9 | 4M | 1M |
| Q4 2023 | 105 | 18M | 0.7% | 19 / 48 | 22 / 15 | 5M | 2M |
| Q3 2023 | 101 | 14M | 0.6% | 24 / 40 | 24 / 12 | 2M | 2M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of TIMB | Value | % of fund | As of |
|---|---|---|---|---|---|
| AB Emerging Markets Opportunities ETF | 1,620,303 | 0.07% | $34.71M | 1.63% | Jun 30, 2026 |
| Nomura Emerging Markets Fund | 900,000 | 0.04% | $19.82M | 0.14% | May 29, 2026 |
| Avantis Emerging Markets Equity ETF | 629,846 | 0.03% | $13.87M | 0.05% | May 31, 2026 |
| State Street(R) SPDR(R) Portfolio Emerging Markets ETF | 593,293 | 0.02% | $12.71M | 0.07% | Jun 30, 2026 |
| Steward Global Equity Income Fund | 322,281 | 0.01% | $6.18M | 1.34% | Jul 31, 2026 |
| Vanguard Total International Stock Index Fund | 197,866 | 0.01% | $3.79M | 0.00% | Jul 31, 2026 |
| Vanguard Emerging Markets Stock Index Fund | 124,262 | 0.01% | $2.38M | 0.00% | Jul 31, 2026 |
| Avantis Emerging Markets Value ETF | 100,081 | 0.00% | $2.20M | 0.15% | May 31, 2026 |
| JPMorgan Emerging Markets Research Enhanced Equity Fund | 85,225 | 0.00% | $1.63M | 0.08% | Jul 31, 2026 |
| Praxis International Index Fund | 72,269 | 0.00% | $1.55M | 0.23% | Jun 30, 2026 |
| Nomura VIP Emerging Markets Series | 69,428 | 0.00% | $1.49M | 0.10% | Jun 30, 2026 |
| FIS Christian Stock Fund | 62,516 | 0.00% | $1.34M | 1.71% | Jun 30, 2026 |
| Disciplined Value Emerging Markets Equity Trust | 54,638 | 0.00% | $1.17M | 0.37% | Jun 30, 2026 |
| ActivePassive International Equity ETF | 50,875 | 0.00% | $1.12M | 0.11% | May 31, 2026 |
| Mercer Emerging Markets Equity Fund | 40,901 | 0.00% | $876.10K | 0.06% | Jun 30, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Alberto Mario Griselli | Chief Executive Officer, Director | 617,781 | 0.03% | May 7, 2026 |
| Luciene Rodrigues Abrao Pandolfo | Chief Legal Officer | – | – | Jun 29, 2026 |
| Marques Andrea Palma Viegas | Chief Financial Officer | 83,259 | 0.00% | Jun 24, 2026 |
| Auana Mattar Lima | Chief Information Officer | 36,686 | 0.00% | May 20, 2026 |
| Luca Fadda | Chief Audit Executive | 39,945 | 0.00% | May 7, 2026 |
| Costanzo Marco Di | Chief Technology Officer | 31,946 | 0.00% | May 7, 2026 |
| Saverio Demaria | Head Business to Consumer | 34,869 | 0.00% | May 7, 2026 |
| Vicente De Moraes Ferreira | Investor Relations Officer | 16,949 | 0.00% | May 7, 2026 |
| Maria Antonietta Russo | See Remarks | 114,129 | 0.00% | May 7, 2026 |
| Claudio Creo | VP, Risk & Compliance | 20,497 | 0.00% | May 7, 2026 |
| Mario Girasole | See Remarks | 85,920 | 0.00% | May 7, 2026 |
| Ana Cristina Menezes Oliveira | See Remarks | 3,858 | 0.00% | May 7, 2026 |
| Piero Formica | See Remarks | – | – | Mar 18, 2026 |
| Jose Claudio Moreira Goncalves | VP, Technology Operations | – | – | Mar 18, 2026 |
| De Athayde Marcos Antonio Lacerda Jr | VP, Brand and Communication | – | – | Mar 18, 2026 |
| Fabio De Moura Costa | VP, B2B | – | – | Mar 18, 2026 |
| Fabiane Reschke | Legal Officer, Corp. Secretary | – | – | Mar 18, 2026 |
| Camillo Greco | Director | – | – | Apr 7, 2026 |
| Delfino Denisio Augusto Liberato | Director | – | – | Mar 18, 2026 |
| Carvalho Capdeville Leonardo de | Director | – | – | Mar 18, 2026 |
| Adrian Calaza | Director | 75,600 | 0.00% | Mar 18, 2026 |
| Nicandro Durante | Director | – | – | Mar 18, 2026 |
| Michelini Alessandra | Director | – | – | Mar 18, 2026 |
| Claudio Giovanni Ezio Ongaro | Director | – | – | Mar 18, 2026 |
| Gigliola Bonino | Director | – | – | Mar 18, 2026 |
| Oliveira Filho Gesner Jose De | Director | – | – | Mar 18, 2026 |
| Flavia Maria Bittencourt | Director | – | – | Mar 18, 2026 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Marques Andrea Palma Viegas Chief Financial Officer | Jun 23, 2026 | Sale | −35,000 | $4.32 | $151.20K | 83,259 |
| Auana Mattar Lima Chief Information Officer | May 18, 2026 | Sale | −8,200 | $4.42 | $36.24K | 36,686 |
| Auana Mattar Lima Chief Information Officer | May 5, 2026 | Award | +7,851 | – | – | 44,886 |
| Auana Mattar Lima Chief Information Officer | May 5, 2026 | Award | +28,588 | – | – | 37,035 |
| Luca Fadda Chief Audit Executive | May 5, 2026 | Award | +7,655 | – | – | 39,945 |
| Luca Fadda Chief Audit Executive | May 5, 2026 | Award | +32,290 | – | – | 32,290 |
| Marques Andrea Palma Viegas Chief Financial Officer | May 5, 2026 | Award | +16,644 | – | – | 118,259 |
| Marques Andrea Palma Viegas Chief Financial Officer | May 5, 2026 | Award | +63,298 | – | – | 101,615 |
| Ana Cristina Menezes Oliveira See Remarks | May 5, 2026 | Award | +2,617 | – | – | 3,858 |
| Vicente De Moraes Ferreira Investor Relations Officer | May 5, 2026 | Award | +16,949 | – | – | 16,949 |
| Vicente De Moraes Ferreira Investor Relations Officer | May 5, 2026 | Award | +3,584 | – | – | 20,533 |
| Maria Antonietta Russo See Remarks | May 5, 2026 | Award | +14,446 | – | – | 114,129 |
| Maria Antonietta Russo See Remarks | May 5, 2026 | Award | +52,409 | – | – | 99,683 |
| Saverio Demaria Head Business to Consumer | May 5, 2026 | Award | +6,281 | – | – | 34,869 |
| Saverio Demaria Head Business to Consumer | May 5, 2026 | Award | +28,588 | – | – | 28,588 |
| Mario Girasole See Remarks | May 5, 2026 | Award | +13,739 | – | – | 85,920 |
| Mario Girasole See Remarks | May 5, 2026 | Award | +64,319 | – | – | 72,181 |
| Alberto Mario Griselli Chief Executive Officer, Director | May 5, 2026 | Award | +397,022 | – | – | 617,781 |
| Alberto Mario Griselli Chief Executive Officer, Director | May 5, 2026 | Award | +99,692 | – | – | 717,473 |
| Costanzo Marco Di Chief Technology Officer | May 5, 2026 | Award | +7,851 | – | – | 31,946 |
| Costanzo Marco Di Chief Technology Officer | May 5, 2026 | Award | +24,095 | – | – | 24,095 |
| Claudio Creo VP, Risk & Compliance | May 5, 2026 | Award | +5,182 | – | – | 20,497 |
| Claudio Creo VP, Risk & Compliance | May 5, 2026 | Award | +15,315 | – | – | 15,315 |
| Vicente De Moraes Ferreira Investor Relations Officer | Mar 26, 2026 | Sale | −68 | $5.14 | $350 | 0 |
| Vicente De Moraes Ferreira Investor Relations Officer | Mar 24, 2026 | Sale | −22,300 | $5.17 | $115.29K | 68 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.