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Telephone and Data Systems

246 hedge funds and large institutions have $2.22B invested in Telephone and Data Systems in 2015 Q3 according to their latest regulatory filings, with 29 funds opening new positions, 89 increasing their positions, 95 reducing their positions, and 28 closing their positions.

New
Increased
Maintained
Reduced
Closed

4% more first-time investments, than exits

New positions opened: 29 | Existing positions closed: 28

0.74% more ownership

Funds ownership: 87.74%88.47% (+0.74%)

0% more funds holding

Funds holding: 246246 (0)

6% less repeat investments, than reductions

Existing positions increased: 89 | Existing positions reduced: 95

14% less capital invested

Capital invested by funds: $2.6B → $2.22B (-$373M)

53% less call options, than puts

Call options by funds: $413K | Put options by funds: $871K

67% less funds holding in top 10

Funds holding in top 10: 31 (-2)

Holders
246
Holders Change
Holders Change %
0%
% of All Funds
6.87%
Holding in Top 10
1
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-66.67%
% of All Funds
0.03%
New
29
Increased
89
Reduced
95
Closed
28
Calls
$413K
Puts
$871K
Net Calls
-$458K
Net Calls Change
-$2.74M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$186M +$3.49M +124,264 +2%
State Street
2
State Street
Massachusetts
$178M -$5.52M -196,607 -3%
Dimensional Fund Advisors
3
Dimensional Fund Advisors
Texas
$105M +$9.17M +326,567 +8%
BFA
4
BlackRock Fund Advisors
California
$101M -$3.31M -117,950 -3%
GI
5
GAMCO Investors
Connecticut
$98.2M -$14M -497,246 -11%
BIT
6
BlackRock Institutional Trust
California
$95.6M +$9.04M +321,986 +9%
T. Rowe Price Associates
7
T. Rowe Price Associates
Maryland
$85.8M -$5M -177,900 -5%
GF
8
Gabelli Funds
New York
$77.6M -$2.22M -79,000 -2%
BA
9
BlackRock Advisors
Delaware
$73.4M +$1.38M +49,182 +2%
TA
10
Teachers Advisors
New York
$66.6M +$13.1M +465,404 +21%
Fidelity Investments
11
Fidelity Investments
Massachusetts
$63.2M +$5.56K +198 +0%
Renaissance Technologies
12
Renaissance Technologies
New York
$60M +$14.6M +519,882 +28%
BIM
13
BlackRock Investment Management
Delaware
$55.1M +$2.23M +79,278 +4%
Bank of New York Mellon
14
Bank of New York Mellon
New York
$40.8M -$671K -23,895 -1%
PA
15
Pinnacle Associates
New York
$38.3M +$8.64M +307,785 +25%
TCIM
16
TIAA CREF Investment Management
New York
$37.8M +$5.33M +189,607 +14%
CI
17
Cambiar Investors
Colorado
$32.9M -$2.02M -71,797 -5%
Ameriprise
18
Ameriprise
Minnesota
$32.6M -$1.06M -37,768 -3%
Millennium Management
19
Millennium Management
New York
$31.5M +$20.3M +723,682 +135%
RRAM
20
River Road Asset Management
Kentucky
$30.9M -$1.12M -39,958 -3%
Northern Trust
21
Northern Trust
Illinois
$30.1M +$2.09M +74,551 +7%
EDRAMF
22
Edmond de Rothschild Asset Management (France)
France
$29.5M -$1.54M -55,000 -4%
EDRH
23
Edmond de Rothschild Holding
Switzerland
$29.5M -$1.54M -55,000 -4%
BG
24
BlackRock Group
United Kingdom
$25.8M +$955K +34,002 +3%
RA
25
Royce & Associates
New York
$24.7M

TDS Hedge Fund Activity: Q3 2015 in Review

246 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Telephone and Data Systems (TDS) for Q3 2015, worth a combined $2.22B — down 14% from $2.6B a quarter earlier.

Buyers outnumbered sellers: 29 funds opened new TDS positions and 28 closed out — a net gain of 1 holder — while 89 added to existing stakes and 95 trimmed.

The largest buyer was Millennium Management, adding an estimated $20.3M. The largest seller was Findlay Park Partners, exiting entirely with an estimated $38.2M sold.

  • 246 institutional investors held Telephone and Data Systems (TDS) as of Q3 2015, unchanged from Q2 2015.
  • Funds reported $2.22B of Telephone and Data Systems stock for Q3 2015, down 14% quarter-over-quarter.
  • 29 funds opened new Telephone and Data Systems positions in Q3 2015 and 28 closed out, a net change of +1 holder.
  • The largest Telephone and Data Systems buyer in Q3 2015 was Millennium Management, an estimated $20.3M added.
  • The largest Telephone and Data Systems seller in Q3 2015 was Findlay Park Partners, an estimated $38.2M sold.

Based on aggregated 13F filings for Q3 2015.