Telephone and Data Systems
277 hedge funds and large institutions have $2.46B invested in Telephone and Data Systems in 2019 Q3 according to their latest regulatory filings, with 27 funds opening new positions, 104 increasing their positions, 101 reducing their positions, and 49 closing their positions.
3% more repeat investments, than reductions
Existing positions increased: 104 | Existing positions reduced: 101
0.46% less ownership
Funds ownership: 89.41% → 88.95% (-0.46%)
1% less call options, than puts
Call options by funds: $2.81M | Put options by funds: $2.85M
7% less funds holding
Funds holding: 299 → 277 (-22)
15% less capital invested
Capital invested by funds: $2.9B → $2.46B (-$442M)
45% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 49
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$52.1M |
| 2 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$27.3M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$19.8M |
| 4 |
Bank of New York Mellon
New York
|
+$9.75M |
| 5 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$8.76M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Man Group
London,
United Kingdom
|
-$28.3M |
| 2 |
Goldman Sachs
New York
|
-$23M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$15.1M |
| 4 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
-$10.9M |
| 5 |
N
Natixis
Paris,
France
|
-$9.66M |
TDS Hedge Fund Activity: Q3 2019 in Review
277 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Telephone and Data Systems (TDS) for Q3 2019, worth a combined $2.46B — down 15% from $2.9B a quarter earlier.
Sellers outnumbered buyers: 49 funds closed out of TDS and 27 opened new positions — a net loss of 22 holders — while 101 trimmed existing stakes and 104 added.
The largest buyer was BlackRock, adding an estimated $52.1M. The largest seller was Man Group, cutting an estimated $28.3M.
- 277 institutional investors held Telephone and Data Systems (TDS) as of Q3 2019, down from 299 in Q2 2019.
- Funds reported $2.46B of Telephone and Data Systems stock for Q3 2019, down 15% quarter-over-quarter.
- 27 funds opened new Telephone and Data Systems positions in Q3 2019 and 49 closed out, a net change of -22 holders.
- The largest Telephone and Data Systems buyer in Q3 2019 was BlackRock, an estimated $52.1M added.
- The largest Telephone and Data Systems seller in Q3 2019 was Man Group, an estimated $28.3M sold.
Based on aggregated 13F filings for Q3 2019.