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Telephone and Data Systems

246 hedge funds and large institutions have $2.22B invested in Telephone and Data Systems in 2015 Q3 according to their latest regulatory filings, with 29 funds opening new positions, 89 increasing their positions, 95 reducing their positions, and 28 closing their positions.

New
Increased
Maintained
Reduced
Closed

4% more first-time investments, than exits

New positions opened: 29 | Existing positions closed: 28

0.74% more ownership

Funds ownership: 87.74%88.47% (+0.74%)

0% more funds holding

Funds holding: 246246 (0)

6% less repeat investments, than reductions

Existing positions increased: 89 | Existing positions reduced: 95

14% less capital invested

Capital invested by funds: $2.6B → $2.22B (-$373M)

53% less call options, than puts

Call options by funds: $413K | Put options by funds: $871K

67% less funds holding in top 10

Funds holding in top 10: 31 (-2)

Holders
246
Holders Change
Holders Change %
0%
% of All Funds
6.87%
Holding in Top 10
1
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-66.67%
% of All Funds
0.03%
New
29
Increased
89
Reduced
95
Closed
28
Calls
$413K
Puts
$871K
Net Calls
-$458K
Net Calls Change
-$2.74M
Name Holding Trade Value Shares
Change
Change in
Stake
Deutsche Bank
26
Deutsche Bank
Germany
$23.3M +$12.9M +459,801 +97%
QI
27
QV Investors
Alberta, Canada
$21.4M +$499K +17,750 +2%
Norges Bank
28
Norges Bank
Norway
$18.4M +$2.13M +75,875 +11%
IG
29
ING Group
Netherlands
$17.1M -$2.6M -92,600 -12%
MNA
30
Manning & Napier Advisors
New York
$16.9M
AQR Capital Management
31
AQR Capital Management
Connecticut
$15.1M +$3.6M +128,167 +27%
NM
32
NWI Management
New York
$15.1M -$281K -10,000 -2%
Geode Capital Management
33
Geode Capital Management
Massachusetts
$14.5M +$624K +22,211 +4%
Prudential Financial
34
Prudential Financial
New Jersey
$12.9M +$2.48M +88,450 +21%
CCMH
35
Cornerstone Capital Management Holdings
New York
$12.2M +$875K +31,140 +7%
PMG
36
Private Management Group
California
$12M -$99.1K -3,530 -0.7%
JP Morgan Chase
37
JP Morgan Chase
New York
$11.9M -$566K -20,151 -4%
BGIM
38
Brandywine Global Investment Management
Pennsylvania
$11.4M +$28 +1 +0%
Neuberger Berman Group
39
Neuberger Berman Group
New York
$11.3M -$7.12M -253,442 -36%
AL
40
AJO LP
Pennsylvania
$11.2M +$11.8M +419,103 +1,436%
NFA
41
Nationwide Fund Advisors
Ohio
$11M -$204K -7,255 -2%
First Trust Advisors
42
First Trust Advisors
Illinois
$10.9M -$696K -24,781 -5%
HI
43
HBK Investments
Texas
$10.2M +$365K +13,013 +3%
California Public Employees Retirement System
44
California Public Employees Retirement System
California
$10.1M +$138K +4,900 +1%
Morgan Stanley
45
Morgan Stanley
New York
$8.86M +$2.4M +85,461 +32%
USAA
46
United Services Automobile Association
Texas
$8.7M -$1.15M -41,000 -11%
Charles Schwab
47
Charles Schwab
California
$8.45M +$91.6K +3,263 +1%
ICM
48
Intrepid Capital Management
Florida
$8.31M +$4.52K +161 +0%
EVC
49
Eidelman Virant Capital
Missouri
$8.09M -$522K -18,600 -5%
Principal Financial Group
50
Principal Financial Group
Iowa
$7.32M -$318K -11,336 -4%

TDS Hedge Fund Activity: Q3 2015 in Review

246 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Telephone and Data Systems (TDS) for Q3 2015, worth a combined $2.22B — down 14% from $2.6B a quarter earlier.

Buyers outnumbered sellers: 29 funds opened new TDS positions and 28 closed out — a net gain of 1 holder — while 89 added to existing stakes and 95 trimmed.

The largest buyer was Millennium Management, adding an estimated $20.3M. The largest seller was Findlay Park Partners, exiting entirely with an estimated $38.2M sold.

  • 246 institutional investors held Telephone and Data Systems (TDS) as of Q3 2015, unchanged from Q2 2015.
  • Funds reported $2.22B of Telephone and Data Systems stock for Q3 2015, down 14% quarter-over-quarter.
  • 29 funds opened new Telephone and Data Systems positions in Q3 2015 and 28 closed out, a net change of +1 holder.
  • The largest Telephone and Data Systems buyer in Q3 2015 was Millennium Management, an estimated $20.3M added.
  • The largest Telephone and Data Systems seller in Q3 2015 was Findlay Park Partners, an estimated $38.2M sold.

Based on aggregated 13F filings for Q3 2015.