Norges Bank’s Telephone and Data Systems TDS Stock Holding History

Norges Bank’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
2026 Q1	–	Sell	-541,663	Closed	-$22.2M	–	1250
2025 Q4	$22.2M	Buy	+541,663	New	+$21.1M	﹤0.01%	1210
2025 Q3	–	Sell	-339,193	Closed	-$12.1M	–	1396
2025 Q2	$12.1M	Sell	339,193 -333,768	-50%	-$11.7M	﹤0.01%	1249
2025 Q1	$26.1M	Sell	672,961 -24,074	-3%	-$867K	﹤0.01%	1150
2024 Q4	$23.8M	Buy	697,035 +318,011	+84%	+$9.68M	﹤0.01%	1203
2024 Q3	$8.81M	Sell	379,024 -46,666	-11%	-$1.02M	﹤0.01%	1389
2024 Q2	$8.82M	Sell	425,690 -21,425	-5%	-$387K	﹤0.01%	1422
2024 Q1	$7.16M	Hold	447,115	–	–	﹤0.01%	1546
2023 Q4	$8.2M	Buy	447,115 +55,017	+14%	+$1.02M	﹤0.01%	1554
2023 Q3	$7.18M	Hold	392,098	–	–	﹤0.01%	1584
2023 Q2	$3.23M	Sell	392,098 -345,649	-47%	-$2.93M	﹤0.01%	1807
2023 Q1	$7.75M	Sell	737,747 -104,580	-12%	-$1.22M	﹤0.01%	1652
2022 Q4	$8.84M	Hold	842,327	–	–	﹤0.01%	1611
2022 Q3	$11.7M	Buy	842,327 +33,175	+4%	+$527K	﹤0.01%	1470
2022 Q2	$12.8M	Sell	809,152 -178,797	-18%	-$3.19M	﹤0.01%	1449
2022 Q1	$18.7M	Hold	987,949	–	–	﹤0.01%	1429
2021 Q4	$19.9M	Buy	987,949 +172,497	+21%	+$3.37M	﹤0.01%	1481
2021 Q3	$15.9M	Sell	815,452 -86,492	-10%	-$1.8M	﹤0.01%	1601
2021 Q2	$20.4M	Sell	901,944 -237,763	-21%	-$5.79M	﹤0.01%	1521
2021 Q1	$26.2M	Sell	1,139,707 -230,912	-17%	-$4.71M	0.01%	1369
2020 Q4	$25.5M	Sell	1,370,619 -131,483	-9%	-$2.42M	0.01%	1423
2020 Q3	$27.7M	Sell	1,502,102 -35,678	-2%	-$751K	0.01%	1212
2020 Q2	$30.6M	Hold	1,537,780	–	–	0.01%	1171
2020 Q1	$25.8M	Hold	1,537,780	–	–	0.01%	1082
2019 Q4	$39.1M	Sell	1,537,780 -19,493	-1%	-$478K	0.01%	1078
2019 Q3	$40.2M	Sell	1,557,273 -59,099	-4%	-$1.65M	0.01%	1002
2019 Q2	$49.1M	Hold	1,616,372	–	–	0.02%	892
2019 Q1	$49.7M	Buy	1,616,372 +83,781	+5%	+$2.85M	0.02%	875
2018 Q4	$49.9M	Buy	1,532,591 +30,138	+2%	+$1,000K	0.02%	746
2018 Q3	$45.7M	Buy	1,502,453 +58,120	+4%	+$1.66M	0.01%	936
2018 Q2	$39.6M	Buy	1,444,333 +318,219	+28%	+$8.62M	0.01%	1010
2018 Q1	$31.6M	Sell	1,126,114 -137,328	-11%	-$3.73M	0.01%	1113
2017 Q4	$35.1M	Buy	1,263,442 +153,438	+14%	+$4.21M	0.01%	1054
2017 Q3	$31M	Buy	1,110,004 +205,533	+23%	+$5.81M	0.01%	1135
2017 Q2	$25.1M	Sell	904,471 -117,597	-12%	-$3.23M	0.01%	1243
2017 Q1	$27.1M	Buy	1,022,068 +305,271	+43%	+$8.74M	0.01%	1170
2016 Q4	$20.7M	Sell	716,797 -81,504	-10%	-$2.22M	0.01%	1283
2016 Q3	$20.7M	Hold	798,301	–	–	0.01%	1225
2016 Q2	$23.7M	Buy	798,301 +62,100	+8%	+$1.79M	0.01%	1093
2016 Q1	$22.2M	Hold	736,201	–	–	0.01%	1103
2015 Q4	$19.1M	Hold	736,201	–	–	0.01%	1190
2015 Q3	$18.4M	Buy	736,201 +75,875	+11%	+$2.13M	0.01%	1175
2015 Q2	$19.4M	Sell	660,326 -92,727	-12%	-$2.66M	0.01%	1214
2015 Q1	$18.8M	Sell	753,053 -22,173	-3%	-$554K	0.01%	1245
2014 Q4	$19.6M	Hold	775,226	–	–	0.01%	1224
2014 Q3	$18.6M	Sell	775,226 -775,226	-50%	-$19.7M	0.01%	1182
2014 Q2	$40.5M	Buy	1,550,452 +775,226	+100%	+$20.5M	0.01%	1155
2014 Q1	$20.3M	Hold	775,226	–	–	0.01%	1123
2013 Q4	$20M	Hold	775,226	–	–	0.01%	1115
2013 Q3	$22.9M	Hold	775,226	–	–	0.01%	996
2013 Q2	$19.1M	Buy	+775,226	New	+$17.5M	0.01%	1046

Other funds holding TDS

BlackRock New York $5.72T AUM 30.48% 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

VPM

Vanguard Portfolio Management Malvern, Pennsylvania $1.91T AUM

CCM

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

VCM

Vanguard Capital Management Malvern, Pennsylvania $4.04T AUM

OCM

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

State Street Boston, Massachusetts $2.9T AUM 29.55% 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

Norges Bank's TDS Position: Q1 2026 in Review

Norges Bank sold out of Telephone and Data Systems (TDS) in Q1 2026, closing a stake of 541,663 shares — an estimated $22.2M sold.

Norges Bank first reported a position in TDS in Q2 2013 and held it in 50 quarters. The position peaked at $49.9M in Q4 2018. 354 funds tracked by Wall St. Rank hold TDS as of Q1 2026.

Norges Bank reported no remaining Telephone and Data Systems position as of Q1 2026 after selling out during the quarter.
Norges Bank sold 541,663 Telephone and Data Systems shares in Q1 2026, an estimated $22.2M.
Norges Bank first reported a position in Telephone and Data Systems in Q2 2013 and held it in 50 quarters.
Norges Bank's Telephone and Data Systems position peaked at $49.9M in Q4 2018.
354 funds tracked by Wall St. Rank held Telephone and Data Systems as of Q1 2026.

Based on Norges Bank's 13F filing for Q1 2026.