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Telephone and Data Systems

306 hedge funds and large institutions have $3.78B invested in Telephone and Data Systems in 2025 Q1 according to their latest regulatory filings, with 43 funds opening new positions, 102 increasing their positions, 121 reducing their positions, and 36 closing their positions.

New
Increased
Maintained
Reduced
Closed

33% more funds holding in top 10

Funds holding in top 10: 68 (+2)

19% more first-time investments, than exits

New positions opened: 43 | Existing positions closed: 36

14% more capital invested

Capital invested by funds: $3.31B → $3.78B (+$472M)

2% more funds holding

Funds holding: 301306 (+5)

0.09% more ownership

Funds ownership: 92.04%92.13% (+0.09%)

16% less repeat investments, than reductions

Existing positions increased: 102 | Existing positions reduced: 121

29% less call options, than puts

Call options by funds: $81.5M | Put options by funds: $115M

Holders
306
Holders Change
+5
Holders Change %
+1.66%
% of All Funds
4.1%
Holding in Top 10
8
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+33.33%
% of All Funds
0.11%
New
43
Increased
102
Reduced
121
Closed
36
Calls
$81.5M
Puts
$115M
Net Calls
-$33.1M
Net Calls Change
-$32M
Name Holding Trade Value Shares
Change
Change in
Stake
ECP
51
Empyrean Capital Partners
California
$12.6M
Susquehanna International Group
52
Susquehanna International Group
Pennsylvania
$12.2M +$4.27M +118,558 +60%
Public Sector Pension Investment Board (PSP Investments)
53
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$12M +$2.39M +66,379 +27%
RhumbLine Advisers
54
RhumbLine Advisers
Massachusetts
$11.4M -$382K -10,607 -3%
Legal & General Group
55
Legal & General Group
United Kingdom
$11M -$277K -7,679 -3%
Nomura Holdings
56
Nomura Holdings
Japan
$9.58M -$4.58M -127,164 -34%
GL
57
Governors Lane
New York
$9.54M -$1.36M -37,668 -13%
Balyasny Asset Management
58
Balyasny Asset Management
Illinois
$8.59M +$7.99M +221,858 New
Jane Street
59
Jane Street
New York
$8.48M +$3.94M +109,342 +100%
AAM
60
Advisors Asset Management
Colorado
$8.47M -$5.23M -145,297 -40%
CAM
61
Congress Asset Management
Massachusetts
$8.41M +$86.4K +2,398 +1%
Renaissance Technologies
62
Renaissance Technologies
New York
$8.03M -$2.84M -78,984 -28%
Swiss National Bank
63
Swiss National Bank
Switzerland
$7.56M -$108K -3,000 -2%
GCIA
64
Gabelli & Co Investment Advisers
New York
$7.44M +$2.56M +71,128 +59%
MOACM
65
Mutual of America Capital Management
New York
$7.28M +$3.62M +100,623 +115%
CM
66
CastleKnight Management
New York
$7.24M -$3.26M -90,500 -33%
SFI
67
Susquehanna Fundamental Investments
Pennsylvania
$6.61M -$788K -21,881 -11%
IIM
68
INTECH Investment Management
Florida
$6.61M +$1.65M +45,882 +37%
Raymond James Financial
69
Raymond James Financial
Florida
$6.44M +$56.7K +1,575 +1%
NAAA
70
New Age Alpha Advisors
New York
$6.11M +$1.76M +48,756 +45%
KF
71
Krilogy Financial
Missouri
$6.08M +$1.6M +44,502 +40%
EP
72
Edgestream Partners
New Jersey
$5.87M +$5.46M +151,631 New
BFM
73
Boothbay Fund Management
New York
$5.82M -$33.3K -924 -0.6%
Citigroup
74
Citigroup
New York
$5.55M -$36 -1 -0%
AG
75
Algert Global
California
$5.1M -$5.52M -153,283 -54%

TDS Hedge Fund Activity: Q1 2025 in Review

306 of the 7,457 institutional investors tracked by Wall St. Rank reported a position in Telephone and Data Systems (TDS) for Q1 2025, worth a combined $3.78B — up 14% from $3.31B a quarter earlier.

Buyers outnumbered sellers: 43 funds opened new TDS positions and 36 closed out — a net gain of 7 holders — while 102 added to existing stakes and 121 trimmed.

The largest buyer was Goldman Sachs, adding an estimated $47.5M. The largest seller was BlackRock, cutting an estimated $34.3M.

  • 306 institutional investors held Telephone and Data Systems (TDS) as of Q1 2025, up from 301 in Q4 2024.
  • Funds reported $3.78B of Telephone and Data Systems stock for Q1 2025, up 14% quarter-over-quarter.
  • 43 funds opened new Telephone and Data Systems positions in Q1 2025 and 36 closed out, a net change of +7 holders.
  • The largest Telephone and Data Systems buyer in Q1 2025 was Goldman Sachs, an estimated $47.5M added.
  • The largest Telephone and Data Systems seller in Q1 2025 was BlackRock, an estimated $34.3M sold.

Based on aggregated 13F filings for Q1 2025.