Telephone and Data Systems
TDS
264 hedge funds and large institutions have $1.69B invested in Telephone and Data Systems in 2023 Q4 according to their latest regulatory filings, with 35 funds opening new positions, 84 increasing their positions, 105 reducing their positions, and 28 closing their positions.
240% more call options, than puts
Call options by funds: $50.2M | Put options by funds: $14.8M
25% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 28
2% more funds holding
Funds holding: 258 → 264 (+6)
1% more capital invested
Capital invested by funds: $1.67B → $1.69B (+$18.4M)
0.14% more ownership
Funds ownership: 86.69% → 86.83% (+0.14%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
20% less repeat investments, than reductions
Existing positions increased: 84 | Existing positions reduced: 105
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$33.7M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$14.3M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$10.4M |
| 4 |
SCM
Segantii Capital Management
Hong Kong
|
+$9.2M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
+$8.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ICM
Invenomic Capital Management
Boston,
Massachusetts
|
-$22.4M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$13.7M |
| 3 |
FBCM
Fort Baker Capital Management
Larkspur,
California
|
-$11.4M |
| 4 |
HF
HRT Financial
New York
|
-$9.13M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
-$8.56M |
TDS Hedge Fund Activity: Q4 2023 in Review
264 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Telephone and Data Systems (TDS) for Q4 2023, worth a combined $1.69B — up 1.1% from $1.67B a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new TDS positions and 28 closed out — a net gain of 7 holders — while 84 added to existing stakes and 105 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $33.7M. The largest seller was Invenomic Capital Management, exiting entirely with an estimated $22.4M sold.
- 264 institutional investors held Telephone and Data Systems (TDS) as of Q4 2023, up from 258 in Q3 2023.
- Funds reported $1.69B of Telephone and Data Systems stock for Q4 2023, up 1.1% quarter-over-quarter.
- 35 funds opened new Telephone and Data Systems positions in Q4 2023 and 28 closed out, a net change of +7 holders.
- The largest Telephone and Data Systems buyer in Q4 2023 was Morgan Stanley, an estimated $33.7M added.
- The largest Telephone and Data Systems seller in Q4 2023 was Invenomic Capital Management, an estimated $22.4M sold.
Based on aggregated 13F filings for Q4 2023.