Telephone and Data Systems
235 hedge funds and large institutions have $2.56B invested in Telephone and Data Systems in 2017 Q2 according to their latest regulatory filings, with 25 funds opening new positions, 76 increasing their positions, 95 reducing their positions, and 34 closing their positions.
79% more call options, than puts
Call options by funds: $1.87M | Put options by funds: $1.05M
7% more capital invested
Capital invested by funds: $2.4B → $2.56B (+$160M)
1.57% more ownership
Funds ownership: 87.81% → 89.37% (+1.6%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less funds holding
Funds holding: 244 → 235 (-9)
20% less repeat investments, than reductions
Existing positions increased: 76 | Existing positions reduced: 95
26% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 34
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$68.9M |
| 2 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$37.7M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$27.8M |
| 4 |
BlackRock
New York
|
+$18.3M |
| 5 |
HCM
Hoplite Capital Management
New York
|
+$7.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$25M |
| 2 |
Millennium Management
New York
|
-$9.93M |
| 3 |
Barclays
London,
United Kingdom
|
-$9.12M |
| 4 |
NC
Nokomis Capital
Dallas,
Texas
|
-$8.42M |
| 5 |
QI
QV Investors
Calgary,
Alberta, Canada
|
-$7.5M |
TDS Hedge Fund Activity: Q2 2017 in Review
235 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Telephone and Data Systems (TDS) for Q2 2017, worth a combined $2.56B — up 6.7% from $2.4B a quarter earlier.
Sellers outnumbered buyers: 34 funds closed out of TDS and 25 opened new positions — a net loss of 9 holders — while 95 trimmed existing stakes and 76 added.
The largest buyer was State Street, adding an estimated $68.9M. The largest seller was Fidelity Investments, cutting an estimated $25M.
- 235 institutional investors held Telephone and Data Systems (TDS) as of Q2 2017, down from 244 in Q1 2017.
- Funds reported $2.56B of Telephone and Data Systems stock for Q2 2017, up 6.7% quarter-over-quarter.
- 25 funds opened new Telephone and Data Systems positions in Q2 2017 and 34 closed out, a net change of -9 holders.
- The largest Telephone and Data Systems buyer in Q2 2017 was State Street, an estimated $68.9M added.
- The largest Telephone and Data Systems seller in Q2 2017 was Fidelity Investments, an estimated $25M sold.
Based on aggregated 13F filings for Q2 2017.