Telephone and Data Systems
214 hedge funds and large institutions have $2.06B invested in Telephone and Data Systems in 2014 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 89 increasing their positions, 70 reducing their positions, and 29 closing their positions.
544% more call options, than puts
Call options by funds: $4.23M | Put options by funds: $657K
27% more repeat investments, than reductions
Existing positions increased: 89 | Existing positions reduced: 70
0.35% more ownership
Funds ownership: 84.89% → 85.24% (+0.35%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
3% less funds holding
Funds holding: 221 → 214 (-7)
9% less capital invested
Capital invested by funds: $2.25B → $2.06B (-$192M)
21% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 29
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
+$24.4M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$16.8M |
| 3 |
BIM
BlackRock Investment Management
Wilmington,
Delaware
|
+$13.3M |
| 4 |
Neuberger Berman Group
New York
|
+$9.03M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$9.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BHG
Blue Harbour Group
Greenwich,
Connecticut
|
-$33.6M |
| 2 |
State Street
Boston,
Massachusetts
|
-$20.3M |
| 3 |
Norges Bank
Oslo,
Norway
|
-$19.7M |
| 4 |
ACA
Anchor Capital Advisors
Boston,
Massachusetts
|
-$14M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
-$9.62M |
TDS Hedge Fund Activity: Q3 2014 in Review
214 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Telephone and Data Systems (TDS) for Q3 2014, worth a combined $2.06B — down 8.5% from $2.25B a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of TDS and 23 opened new positions — a net loss of 6 holders — while 70 trimmed existing stakes and 89 added.
The largest buyer was BlackRock Advisors, adding an estimated $24.4M. The largest seller was Blue Harbour Group, exiting entirely with an estimated $33.6M sold.
- 214 institutional investors held Telephone and Data Systems (TDS) as of Q3 2014, down from 221 in Q2 2014.
- Funds reported $2.06B of Telephone and Data Systems stock for Q3 2014, down 8.5% quarter-over-quarter.
- 23 funds opened new Telephone and Data Systems positions in Q3 2014 and 29 closed out, a net change of -6 holders.
- The largest Telephone and Data Systems buyer in Q3 2014 was BlackRock Advisors, an estimated $24.4M added.
- The largest Telephone and Data Systems seller in Q3 2014 was Blue Harbour Group, an estimated $33.6M sold.
Based on aggregated 13F filings for Q3 2014.