Telephone and Data Systems
218 hedge funds and large institutions have $2.25B invested in Telephone and Data Systems in 2014 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 75 increasing their positions, 86 reducing their positions, and 31 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
25% more call options, than puts
Call options by funds: $3.83M | Put options by funds: $3.06M
1.11% more ownership
Funds ownership: 83.26% → 84.37% (+1.1%)
3% more capital invested
Capital invested by funds: $2.18B → $2.25B (+$70.7M)
5% less funds holding
Funds holding: 230 → 218 (-12)
13% less repeat investments, than reductions
Existing positions increased: 75 | Existing positions reduced: 86
32% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 31
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
+$74.9M |
| 2 |
CI
Cambiar Investors
Denver,
Colorado
|
+$42.7M |
| 3 |
SPC
Standard Pacific Capital
San Francisco,
California
|
+$14.9M |
| 4 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
+$14.4M |
| 5 |
BIM
BlackRock Investment Management
Wilmington,
Delaware
|
+$11.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$31.9M |
| 2 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$21.4M |
| 3 |
SRFM
Shannon River Fund Management
New York
|
-$20.2M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$19.9M |
| 5 |
IG
ING Group
Amsterdam,
Netherlands
|
-$15.5M |
TDS Hedge Fund Activity: Q1 2014 in Review
218 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in Telephone and Data Systems (TDS) for Q1 2014, worth a combined $2.25B — up 3.2% from $2.18B a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of TDS and 21 opened new positions — a net loss of 10 holders — while 86 trimmed existing stakes and 75 added.
The largest buyer was Capital Research Global Investors, adding an estimated $74.9M. The largest seller was BlackRock Institutional Trust, cutting an estimated $31.9M.
- 218 institutional investors held Telephone and Data Systems (TDS) as of Q1 2014, down from 230 in Q4 2013.
- Funds reported $2.25B of Telephone and Data Systems stock for Q1 2014, up 3.2% quarter-over-quarter.
- 21 funds opened new Telephone and Data Systems positions in Q1 2014 and 31 closed out, a net change of -10 holders.
- The largest Telephone and Data Systems buyer in Q1 2014 was Capital Research Global Investors, an estimated $74.9M added.
- The largest Telephone and Data Systems seller in Q1 2014 was BlackRock Institutional Trust, an estimated $31.9M sold.
Based on aggregated 13F filings for Q1 2014.