Telephone and Data Systems
267 hedge funds and large institutions have $2.85B invested in Telephone and Data Systems in 2018 Q3 according to their latest regulatory filings, with 29 funds opening new positions, 99 increasing their positions, 95 reducing their positions, and 21 closing their positions.
42% more call options, than puts
Call options by funds: $4.34M | Put options by funds: $3.06M
38% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 21
12% more capital invested
Capital invested by funds: $2.55B → $2.85B (+$302M)
2% more funds holding
Funds holding: 262 → 267 (+5)
4% more repeat investments, than reductions
Existing positions increased: 99 | Existing positions reduced: 95
0.42% more ownership
Funds ownership: 89.09% → 89.51% (+0.42%)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$33M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$10.5M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
+$10.3M |
| 4 |
BlackRock
New York
|
+$7.45M |
| 5 |
MSL
Mackay Shields LLC
New York
|
+$7.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Man Group
London,
United Kingdom
|
-$16.6M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$16.5M |
| 3 |
Millennium Management
New York
|
-$13.4M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
-$11.2M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$8.86M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PTC
276
Petrus Trust Company
Dallas,
Texas
| – | -$288K | -10,521 | Closed |
|
|
BDF
277
Balasa Dinverno & Foltz
| – | -$211K | -7,682 | Closed |
|
|
FDCDDQ
278
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
| – | -$165K | -6,018 | Closed |
|
|
PHK
279
Point72 Hong Kong
Hong Kong
| – | -$160K | -5,822 | Closed |
|
280
Envestnet Asset Management
Chicago,
Illinois
| – | -$139K | -5,087 | Closed |
|
|
AP
281
Advisors Preferred
Rockville,
Maryland
| – | -$134K | -4,875 | Closed |
|
282
Simplex Trading
Chicago,
Illinois
| – | -$79.5K | -2,785 | Closed |
|
|
GT
283
Glenmede Trust
Philadelphia,
Pennsylvania
| – | -$26K | -939 | Closed |
|
|
PGWM
284
Parisi Gray Wealth Management
Mendham,
New Jersey
| – | -$26K | -900 | Closed |
|
|
JFA
285
JNBA Financial Advisors
Bloomington,
Minnesota
| – | -$7K | -250 | Closed |
|
|
PIA
286
Piedmont Investment Advisors
Durham,
North Carolina
| – | -$1K | -38 | Closed |
|
|
CAG
287
Csenge Advisory Group
Clearwater,
Florida
| – | +$542 | +19 | New |
|
TDS Hedge Fund Activity: Q3 2018 in Review
267 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Telephone and Data Systems (TDS) for Q3 2018, worth a combined $2.85B — up 12% from $2.55B a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new TDS positions and 21 closed out — a net gain of 8 holders — while 99 added to existing stakes and 95 trimmed.
The largest buyer was State Street, adding an estimated $33M. The largest seller was Man Group, cutting an estimated $16.6M.
- 267 institutional investors held Telephone and Data Systems (TDS) as of Q3 2018, up from 262 in Q2 2018.
- Funds reported $2.85B of Telephone and Data Systems stock for Q3 2018, up 12% quarter-over-quarter.
- 29 funds opened new Telephone and Data Systems positions in Q3 2018 and 21 closed out, a net change of +8 holders.
- The largest Telephone and Data Systems buyer in Q3 2018 was State Street, an estimated $33M added.
- The largest Telephone and Data Systems seller in Q3 2018 was Man Group, an estimated $16.6M sold.
Based on aggregated 13F filings for Q3 2018.