Telephone and Data Systems
246 hedge funds and large institutions have $2.6B invested in Telephone and Data Systems in 2015 Q2 according to their latest regulatory filings, with 45 funds opening new positions, 95 increasing their positions, 77 reducing their positions, and 16 closing their positions.
1,771% more call options, than puts
Call options by funds: $2.41M | Put options by funds: $129K
181% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 16
23% more repeat investments, than reductions
Existing positions increased: 95 | Existing positions reduced: 77
20% more capital invested
Capital invested by funds: $2.15B → $2.6B (+$442M)
13% more funds holding
Funds holding: 217 → 246 (+29)
2.53% more ownership
Funds ownership: 85.2% → 87.74% (+2.5%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TA
Teachers Advisors
New York
|
+$31.8M |
| 2 |
MNA
Manning & Napier Advisors
Fairport,
New York
|
+$19.5M |
| 3 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$17M |
| 4 |
TCIM
TIAA CREF Investment Management
New York
|
+$16.3M |
| 5 |
CCMH
Cornerstone Capital Management Holdings
New York
|
+$10M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$35M |
| 2 |
O
OppenheimerFunds
New York
|
-$30.6M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$25.6M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$17.3M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$12.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
251
Marshall Wace
London,
United Kingdom
| – | -$5.87M | -235,878 | Closed |
|
|
AI
252
Analytic Investors
Los Angeles,
California
| – | -$539K | -21,649 | Closed |
|
|
EGM
253
Engineers Gate Manager
New York
| – | -$516K | -20,726 | Closed |
|
|
CCM
254
Cadence Capital Management
Boston,
Massachusetts
| – | -$344K | -13,815 | Closed |
|
|
AGM
255
Alpine Global Management
New York
| – | -$291K | -11,668 | Closed |
|
|
CBOA
256
Commonwealth Bank of Australia
Sydney, NSW,
Australia
| – | -$264K | -10,584 | Closed |
|
|
WAM
257
World Asset Management
Detroit,
Michigan
| – | -$259K | -10,420 | Closed |
|
258
M&T Bank
Buffalo,
New York
| – | -$202K | -8,147 | Closed |
|
|
PG
259
PEAK6 Group
Chicago,
Illinois
| – | -$119K | -4,147 | Closed |
|
|
FCCM
260
First City Capital Management
Savannah,
Georgia
| – | -$16.8K | -675 | Closed |
|
261
Bessemer Group
Woodbridge,
New Jersey
| – | -$4K | -163 | Closed |
|
TDS Hedge Fund Activity: Q2 2015 in Review
246 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in Telephone and Data Systems (TDS) for Q2 2015, worth a combined $2.6B — up 20% from $2.15B a quarter earlier.
Buyers outnumbered sellers: 45 funds opened new TDS positions and 16 closed out — a net gain of 29 holders — while 95 added to existing stakes and 77 trimmed.
The largest buyer was Teachers Advisors, adding an estimated $31.8M. The largest seller was Capital Research Global Investors, exiting entirely with an estimated $35M sold.
- 246 institutional investors held Telephone and Data Systems (TDS) as of Q2 2015, up from 217 in Q1 2015.
- Funds reported $2.6B of Telephone and Data Systems stock for Q2 2015, up 20% quarter-over-quarter.
- 45 funds opened new Telephone and Data Systems positions in Q2 2015 and 16 closed out, a net change of +29 holders.
- The largest Telephone and Data Systems buyer in Q2 2015 was Teachers Advisors, an estimated $31.8M added.
- The largest Telephone and Data Systems seller in Q2 2015 was Capital Research Global Investors, an estimated $35M sold.
Based on aggregated 13F filings for Q2 2015.