Telephone and Data Systems
230 hedge funds and large institutions have $2.17B invested in Telephone and Data Systems in 2013 Q4 according to their latest regulatory filings, with 27 funds opening new positions, 92 increasing their positions, 77 reducing their positions, and 34 closing their positions.
117% more call options, than puts
Call options by funds: $5.32M | Put options by funds: $2.45M
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
19% more repeat investments, than reductions
Existing positions increased: 92 | Existing positions reduced: 77
0.63% less ownership
Funds ownership: 83.89% → 83.26% (-0.63%)
4% less funds holding
Funds holding: 239 → 230 (-9)
13% less capital invested
Capital invested by funds: $2.51B → $2.17B (-$335M)
21% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 34
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$30.6M |
| 2 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$18.3M |
| 3 |
IG
ING Group
Amsterdam,
Netherlands
|
+$16.1M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$15.1M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$13.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$56M |
| 2 |
IVA
International Value Advisers
|
-$28M |
| 3 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$16.6M |
| 4 |
TCIM
TIAA CREF Investment Management
New York
|
-$12.3M |
| 5 |
WMSA
Weiss Multi-Strategy Advisers
New York
|
-$8.87M |
TDS Hedge Fund Activity: Q4 2013 in Review
230 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Telephone and Data Systems (TDS) for Q4 2013, worth a combined $2.17B — down 13% from $2.51B a quarter earlier.
Sellers outnumbered buyers: 34 funds closed out of TDS and 27 opened new positions — a net loss of 7 holders — while 77 trimmed existing stakes and 92 added.
The largest buyer was Fidelity Investments, adding an estimated $30.6M. The largest seller was Capital Research Global Investors, cutting an estimated $56M.
- 230 institutional investors held Telephone and Data Systems (TDS) as of Q4 2013, down from 239 in Q3 2013.
- Funds reported $2.17B of Telephone and Data Systems stock for Q4 2013, down 13% quarter-over-quarter.
- 27 funds opened new Telephone and Data Systems positions in Q4 2013 and 34 closed out, a net change of -7 holders.
- The largest Telephone and Data Systems buyer in Q4 2013 was Fidelity Investments, an estimated $30.6M added.
- The largest Telephone and Data Systems seller in Q4 2013 was Capital Research Global Investors, an estimated $56M sold.
Based on aggregated 13F filings for Q4 2013.