Dark Forest Capital Management’s Telephone and Data Systems TDS Stock Holding History

Dark Forest Capital Management’s Portfolio TDS Stock Details TDS Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q4	–	Sell	-33,231	Closed	-$1.3M	–	1337
2025 Q3	$1.3M	Buy	+33,231	New	+$1.28M	0.05%	636
2023 Q2	–	Sell	-9,486	Closed	-$99.7K	–	1386
2023 Q1	$99.7K	Buy	9,486 +2,496	+36%	+$29.1K	0.02%	656
2022 Q4	$73.3K	Buy	6,990 +6,361	+1,011%	+$78.7K	0.02%	377
2022 Q3	$9K	Buy	+629	New	+$10K	﹤0.01%	773
2021 Q4	–	Sell	-3,010	Closed	-$59K	–	1765
2021 Q3	$59K	Buy	3,010 +2,985	+11,940%	+$62K	0.02%	528
2021 Q2	$1K	Buy	+25	New	+$609	﹤0.01%	795

Other funds holding TDS

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

Third Point New York $2.08B AUM 27.04% 1-Year Est. Return

Dimensional Fund Advisors Austin, Texas $481B AUM 30.42% 1-Year Est. Return

CCM

Carronade Capital Management Darien, Connecticut $7.65B AUM 80.26% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

OCM

Oaktree Capital Management Los Angeles, California $6.56B AUM 42.97% 1-Year Est. Return

American Century Companies Kansas City, Missouri $194B AUM 35% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.61T AUM 30.72% 1-Year Est. Return

Goldman Sachs New York $871B AUM 31.28% 1-Year Est. Return

Dark Forest Capital Management's TDS Position: Q4 2025 in Review

Dark Forest Capital Management sold out of Telephone and Data Systems (TDS) in Q4 2025, closing a stake of 33,231 shares — an estimated $1.3M sold.

Dark Forest Capital Management first reported a position in TDS in Q2 2021 and held it in 6 quarters. The position peaked at $1.3M in Q3 2025. 343 funds tracked by Wall St. Rank hold TDS as of Q4 2025.

Dark Forest Capital Management reported no remaining Telephone and Data Systems position as of Q4 2025 after selling out during the quarter.
Dark Forest Capital Management sold 33,231 Telephone and Data Systems shares in Q4 2025, an estimated $1.3M.
Dark Forest Capital Management first reported a position in Telephone and Data Systems in Q2 2021 and held it in 6 quarters.
Dark Forest Capital Management's Telephone and Data Systems position peaked at $1.3M in Q3 2025.
343 funds tracked by Wall St. Rank held Telephone and Data Systems as of Q4 2025.

Based on Dark Forest Capital Management's 13F filing for Q4 2025, filed 17 Feb 2026.