Telephone and Data Systems
239 hedge funds and large institutions have $2.52B invested in Telephone and Data Systems in 2013 Q3 according to their latest regulatory filings, with 38 funds opening new positions, 88 increasing their positions, 90 reducing their positions, and 12 closing their positions.
586% more call options, than puts
Call options by funds: $6.1M | Put options by funds: $889K
217% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 12
18% more capital invested
Capital invested by funds: $2.13B → $2.52B (+$390M)
12% more funds holding
Funds holding: 214 → 239 (+25)
2% less repeat investments, than reductions
Existing positions increased: 88 | Existing positions reduced: 90
1.3% less ownership
Funds ownership: 85.48% → 84.18% (-1.3%)
60% less funds holding in top 10
Funds holding in top 10: 5 → 2 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCIM
TIAA CREF Investment Management
New York
|
+$29.4M |
| 2 |
TA
Teachers Advisors
New York
|
+$24.4M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$19.1M |
| 4 |
SRFM
Shannon River Fund Management
New York
|
+$16.5M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$15.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$57.7M |
| 2 |
JP Morgan Chase
New York
|
-$56.9M |
| 3 |
SCA
SAC Capital Advisors
Stamford,
Connecticut
|
-$30.2M |
| 4 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$19.9M |
| 5 |
State Street
Boston,
Massachusetts
|
-$17.1M |
TDS Hedge Fund Activity: Q3 2013 in Review
239 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Telephone and Data Systems (TDS) for Q3 2013, worth a combined $2.52B — up 18% from $2.13B a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new TDS positions and 12 closed out — a net gain of 26 holders — while 88 added to existing stakes and 90 trimmed.
The largest buyer was TIAA CREF Investment Management, adding an estimated $29.4M. The largest seller was Capital Research Global Investors, cutting an estimated $57.7M.
- 239 institutional investors held Telephone and Data Systems (TDS) as of Q3 2013, up from 214 in Q2 2013.
- Funds reported $2.52B of Telephone and Data Systems stock for Q3 2013, up 18% quarter-over-quarter.
- 38 funds opened new Telephone and Data Systems positions in Q3 2013 and 12 closed out, a net change of +26 holders.
- The largest Telephone and Data Systems buyer in Q3 2013 was TIAA CREF Investment Management, an estimated $29.4M added.
- The largest Telephone and Data Systems seller in Q3 2013 was Capital Research Global Investors, an estimated $57.7M sold.
Based on aggregated 13F filings for Q3 2013.