Telephone and Data Systems
217 hedge funds and large institutions have $2.15B invested in Telephone and Data Systems in 2015 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 85 increasing their positions, 76 reducing their positions, and 21 closing their positions.
259% more call options, than puts
Call options by funds: $1.45M | Put options by funds: $404K
19% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 21
12% more repeat investments, than reductions
Existing positions increased: 85 | Existing positions reduced: 76
1% more funds holding
Funds holding: 215 → 217 (+2)
0.9% less ownership
Funds ownership: 86.1% → 85.2% (-0.9%)
2% less capital invested
Capital invested by funds: $2.2B → $2.15B (-$43.8M)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FPP
Findlay Park Partners
London,
United Kingdom
|
+$42.5M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$13.8M |
| 3 |
PMG
Private Management Group
Irvine,
California
|
+$11.5M |
| 4 |
Bank of New York Mellon
New York
|
+$10.8M |
| 5 |
JP Morgan Chase
New York
|
+$9.36M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$89.5M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$22.5M |
| 3 |
State Street
Boston,
Massachusetts
|
-$19.3M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
-$14.1M |
| 5 |
SPC
Standard Pacific Capital
San Francisco,
California
|
-$6.76M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
QT
226
Quantbot Technologies
New York
| – | -$101K | -4,039 | Closed |
|
|
TRCT
227
Tower Research Capital (TRC)
New York
| – | -$68.5K | -2,741 | -100% |
|
228
Parallax Volatility Advisers
San Francisco,
California
| – | -$51.9K | -2,077 | Closed |
|
229
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$39K | -1,526 | Closed |
|
230
Envestnet Asset Management
Chicago,
Illinois
| – | -$17K | -657 | Closed |
|
|
MIC
231
MU Investments Company
Tokyo,
Japan
| – | -$16K | -652 | Closed |
|
232
Group One Trading
Chicago,
Illinois
| – | -$8K | -329 | Closed |
|
|
NPC
233
National Planning Corporation
El Segundo,
California
| – | -$6.72K | -283 | Closed |
|
234
Creative Planning
Overland Park,
Kansas
| – | -$7.05K | -282 | -99% |
|
|
PHK
235
Point72 Hong Kong
Hong Kong
| – | -$5K | -200 | Closed |
|
236
Acadian Asset Management
Boston,
Massachusetts
| – | -$3K | -112 | Closed |
|
|
ST
237
Spot Trading
Chicago,
Illinois
| – | -$3K | -100 | Closed |
|
238
Simplex Trading
Chicago,
Illinois
| – | +$225 | +9 | New |
|
TDS Hedge Fund Activity: Q1 2015 in Review
217 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Telephone and Data Systems (TDS) for Q1 2015, worth a combined $2.15B — down 2% from $2.2B a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new TDS positions and 21 closed out — a net gain of 4 holders — while 85 added to existing stakes and 76 trimmed.
The largest buyer was Findlay Park Partners, opening a new position worth an estimated $42.5M. The largest seller was Capital Research Global Investors, cutting an estimated $89.5M.
- 217 institutional investors held Telephone and Data Systems (TDS) as of Q1 2015, up from 215 in Q4 2014.
- Funds reported $2.15B of Telephone and Data Systems stock for Q1 2015, down 2% quarter-over-quarter.
- 25 funds opened new Telephone and Data Systems positions in Q1 2015 and 21 closed out, a net change of +4 holders.
- The largest Telephone and Data Systems buyer in Q1 2015 was Findlay Park Partners, an estimated $42.5M added.
- The largest Telephone and Data Systems seller in Q1 2015 was Capital Research Global Investors, an estimated $89.5M sold.
Based on aggregated 13F filings for Q1 2015.