Telephone and Data Systems
227 hedge funds and large institutions have $1.6B invested in Telephone and Data Systems in 2020 Q1 according to their latest regulatory filings, with 26 funds opening new positions, 80 increasing their positions, 86 reducing their positions, and 44 closing their positions.
847% more call options, than puts
Call options by funds: $1.36M | Put options by funds: $144K
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.82% less ownership
Funds ownership: 89.45% → 88.63% (-0.82%)
7% less repeat investments, than reductions
Existing positions increased: 80 | Existing positions reduced: 86
8% less funds holding
Funds holding: 247 → 227 (-20)
35% less capital invested
Capital invested by funds: $2.44B → $1.6B (-$846M)
41% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 44
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$50.2M |
| 2 |
DAM
DLD Asset Management
New York
|
+$9.21M |
| 3 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
+$8.14M |
| 4 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
+$8.1M |
| 5 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$7.72M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
N
Nuveen
Charlotte,
North Carolina
|
-$27.5M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
-$18.3M |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$11.2M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
-$10.1M |
| 5 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$8.35M |
TDS Hedge Fund Activity: Q1 2020 in Review
227 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Telephone and Data Systems (TDS) for Q1 2020, worth a combined $1.6B — down 35% from $2.44B a quarter earlier.
Sellers outnumbered buyers: 44 funds closed out of TDS and 26 opened new positions — a net loss of 18 holders — while 86 trimmed existing stakes and 80 added.
The largest buyer was T. Rowe Price Associates, adding an estimated $50.2M. The largest seller was Nuveen, cutting an estimated $27.5M.
- 227 institutional investors held Telephone and Data Systems (TDS) as of Q1 2020, down from 247 in Q4 2019.
- Funds reported $1.6B of Telephone and Data Systems stock for Q1 2020, down 35% quarter-over-quarter.
- 26 funds opened new Telephone and Data Systems positions in Q1 2020 and 44 closed out, a net change of -18 holders.
- The largest Telephone and Data Systems buyer in Q1 2020 was T. Rowe Price Associates, an estimated $50.2M added.
- The largest Telephone and Data Systems seller in Q1 2020 was Nuveen, an estimated $27.5M sold.
Based on aggregated 13F filings for Q1 2020.