Telephone and Data Systems
221 hedge funds and large institutions have $2.25B invested in Telephone and Data Systems in 2014 Q2 according to their latest regulatory filings, with 23 funds opening new positions, 75 increasing their positions, 86 reducing their positions, and 19 closing their positions.
100% more call options, than puts
Call options by funds: $1.82M | Put options by funds: $913K
21% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 19
1% more funds holding
Funds holding: 218 → 221 (+3)
0.52% more ownership
Funds ownership: 84.37% → 84.89% (+0.52%)
0% more capital invested
Capital invested by funds: $2.24B → $2.25B (+$8.32M)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
13% less repeat investments, than reductions
Existing positions increased: 75 | Existing positions reduced: 86
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BHG
Blue Harbour Group
Greenwich,
Connecticut
|
+$26M |
| 2 |
Norges Bank
Oslo,
Norway
|
+$20.5M |
| 3 |
FIG
Fortress Investment Group
New York
|
+$19.1M |
| 4 |
State Street
Boston,
Massachusetts
|
+$17.5M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
+$17.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$22.6M |
| 2 |
LCM
LionEye Capital Management
New York
|
-$22.5M |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
-$19.9M |
| 4 |
Renaissance Technologies
New York
|
-$12.9M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$12.6M |
TDS Hedge Fund Activity: Q2 2014 in Review
221 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Telephone and Data Systems (TDS) for Q2 2014, worth a combined $2.25B — up 0.37% from $2.24B a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new TDS positions and 19 closed out — a net gain of 4 holders — while 75 added to existing stakes and 86 trimmed.
The largest buyer was Blue Harbour Group, adding an estimated $26M. The largest seller was BlackRock Institutional Trust, cutting an estimated $22.6M.
- 221 institutional investors held Telephone and Data Systems (TDS) as of Q2 2014, up from 218 in Q1 2014.
- Funds reported $2.25B of Telephone and Data Systems stock for Q2 2014, up 0.37% quarter-over-quarter.
- 23 funds opened new Telephone and Data Systems positions in Q2 2014 and 19 closed out, a net change of +4 holders.
- The largest Telephone and Data Systems buyer in Q2 2014 was Blue Harbour Group, an estimated $26M added.
- The largest Telephone and Data Systems seller in Q2 2014 was BlackRock Institutional Trust, an estimated $22.6M sold.
Based on aggregated 13F filings for Q2 2014.