Telephone and Data Systems
232 hedge funds and large institutions have $790M invested in Telephone and Data Systems in 2023 Q2 according to their latest regulatory filings, with 37 funds opening new positions, 75 increasing their positions, 87 reducing their positions, and 40 closing their positions.
45% more call options, than puts
Call options by funds: $545K | Put options by funds: $376K
2.42% more ownership
Funds ownership: 87.52% → 89.94% (+2.4%)
8% less first-time investments, than exits
New positions opened: 37 | Existing positions closed: 40
1% less funds holding
Funds holding: 235 → 232 (-3)
14% less repeat investments, than reductions
Existing positions increased: 75 | Existing positions reduced: 87
18% less capital invested
Capital invested by funds: $966M → $790M (-$176M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$31.5M |
| 2 |
Millennium Management
New York
|
+$10.4M |
| 3 |
Marshall Wace
London,
United Kingdom
|
+$5.75M |
| 4 |
PMG
Private Management Group
Irvine,
California
|
+$5.54M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
+$4.78M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dimensional Fund Advisors
Austin,
Texas
|
-$24.7M |
| 2 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$10.7M |
| 3 |
Lazard Asset Management
New York
|
-$4.14M |
| 4 |
HF
HRT Financial
New York
|
-$4.03M |
| 5 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
-$3.58M |
TDS Hedge Fund Activity: Q2 2023 in Review
232 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Telephone and Data Systems (TDS) for Q2 2023, worth a combined $790M — down 18% from $966M a quarter earlier.
Sellers outnumbered buyers: 40 funds closed out of TDS and 37 opened new positions — a net loss of 3 holders — while 87 trimmed existing stakes and 75 added.
The largest buyer was Invesco, adding an estimated $31.5M. The largest seller was Dimensional Fund Advisors, cutting an estimated $24.7M.
- 232 institutional investors held Telephone and Data Systems (TDS) as of Q2 2023, down from 235 in Q1 2023.
- Funds reported $790M of Telephone and Data Systems stock for Q2 2023, down 18% quarter-over-quarter.
- 37 funds opened new Telephone and Data Systems positions in Q2 2023 and 40 closed out, a net change of -3 holders.
- The largest Telephone and Data Systems buyer in Q2 2023 was Invesco, an estimated $31.5M added.
- The largest Telephone and Data Systems seller in Q2 2023 was Dimensional Fund Advisors, an estimated $24.7M sold.
Based on aggregated 13F filings for Q2 2023.