Telephone and Data Systems
235 hedge funds and large institutions have $966M invested in Telephone and Data Systems in 2023 Q1 according to their latest regulatory filings, with 28 funds opening new positions, 96 increasing their positions, 72 reducing their positions, and 36 closing their positions.
852% more call options, than puts
Call options by funds: $752K | Put options by funds: $79K
33% more repeat investments, than reductions
Existing positions increased: 96 | Existing positions reduced: 72
4% less funds holding
Funds holding: 244 → 235 (-9)
6% less capital invested
Capital invested by funds: $1.03B → $966M (-$63M)
11.3% less ownership
Funds ownership: 98.82% → 87.52% (-11%)
22% less first-time investments, than exits
New positions opened: 28 | Existing positions closed: 36
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Prudential Financial
Newark,
New Jersey
|
+$8.83M |
| 2 |
JP Morgan Chase
New York
|
+$7.47M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$6.31M |
| 4 |
Lazard Asset Management
New York
|
+$5.83M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$5.09M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$149M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$20.6M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
-$8.98M |
| 4 |
Goldman Sachs
New York
|
-$8.61M |
| 5 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
-$7.72M |
TDS Hedge Fund Activity: Q1 2023 in Review
235 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Telephone and Data Systems (TDS) for Q1 2023, worth a combined $966M — down 6.1% from $1.03B a quarter earlier.
Sellers outnumbered buyers: 36 funds closed out of TDS and 28 opened new positions — a net loss of 8 holders — while 72 trimmed existing stakes and 96 added.
The largest buyer was Prudential Financial, adding an estimated $8.83M. The largest seller was State Street, cutting an estimated $149M.
- 235 institutional investors held Telephone and Data Systems (TDS) as of Q1 2023, down from 244 in Q4 2022.
- Funds reported $966M of Telephone and Data Systems stock for Q1 2023, down 6.1% quarter-over-quarter.
- 28 funds opened new Telephone and Data Systems positions in Q1 2023 and 36 closed out, a net change of -8 holders.
- The largest Telephone and Data Systems buyer in Q1 2023 was Prudential Financial, an estimated $8.83M added.
- The largest Telephone and Data Systems seller in Q1 2023 was State Street, an estimated $149M sold.
Based on aggregated 13F filings for Q1 2023.