Telephone and Data Systems
305 hedge funds and large institutions have $2.88B invested in Telephone and Data Systems in 2019 Q1 according to their latest regulatory filings, with 47 funds opening new positions, 111 increasing their positions, 110 reducing their positions, and 38 closing their positions.
24% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 38
3% more funds holding
Funds holding: 297 → 305 (+8)
1% more repeat investments, than reductions
Existing positions increased: 111 | Existing positions reduced: 110
5% less call options, than puts
Call options by funds: $7.73M | Put options by funds: $8.15M
1.01% less ownership
Funds ownership: 89.18% → 88.17% (-1%)
6% less capital invested
Capital invested by funds: $3.06B → $2.88B (-$180M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
+$31.7M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$24.6M |
| 3 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
+$23.7M |
| 4 |
Goldman Sachs
New York
|
+$18.6M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
+$13.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$48.4M |
| 2 |
BlackRock
New York
|
-$40.2M |
| 3 |
Renaissance Technologies
New York
|
-$16.8M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$15M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$14.9M |
TDS Hedge Fund Activity: Q1 2019 in Review
305 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Telephone and Data Systems (TDS) for Q1 2019, worth a combined $2.88B — down 5.9% from $3.06B a quarter earlier.
Buyers outnumbered sellers: 47 funds opened new TDS positions and 38 closed out — a net gain of 9 holders — while 111 added to existing stakes and 110 trimmed.
The largest buyer was AQR Capital Management, adding an estimated $31.7M. The largest seller was State Street, cutting an estimated $48.4M.
- 305 institutional investors held Telephone and Data Systems (TDS) as of Q1 2019, up from 297 in Q4 2018.
- Funds reported $2.88B of Telephone and Data Systems stock for Q1 2019, down 5.9% quarter-over-quarter.
- 47 funds opened new Telephone and Data Systems positions in Q1 2019 and 38 closed out, a net change of +9 holders.
- The largest Telephone and Data Systems buyer in Q1 2019 was AQR Capital Management, an estimated $31.7M added.
- The largest Telephone and Data Systems seller in Q1 2019 was State Street, an estimated $48.4M sold.
Based on aggregated 13F filings for Q1 2019.