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Telephone and Data Systems

253 hedge funds and large institutions have $2.66B invested in Telephone and Data Systems in 2016 Q1 according to their latest regulatory filings, with 37 funds opening new positions, 95 increasing their positions, 94 reducing their positions, and 37 closing their positions.

New
Increased
Maintained
Reduced
Closed

588% more call options, than puts

Call options by funds: $6.14M | Put options by funds: $893K

50% more funds holding in top 10

Funds holding in top 10: 23 (+1)

16% more capital invested

Capital invested by funds: $2.28B → $2.66B (+$373M)

1% more repeat investments, than reductions

Existing positions increased: 95 | Existing positions reduced: 94

0.77% more ownership

Funds ownership: 86.98%87.75% (+0.77%)

0% more funds holding

Funds holding: 253253 (0)

0% more first-time investments, than exits

New positions opened: 37 | Existing positions closed: 37

Holders
253
Holders Change
Holders Change %
0%
% of All Funds
6.74%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.08%
New
37
Increased
95
Reduced
94
Closed
37
Calls
$6.14M
Puts
$893K
Net Calls
+$5.25M
Net Calls Change
+$5.37M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$261M +$21.8M +864,898 +11%
State Street
2
State Street
Massachusetts
$195M +$2.02M +80,088 +1%
Dimensional Fund Advisors
3
Dimensional Fund Advisors
Texas
$153M +$12.1M +478,088 +10%
BFA
4
BlackRock Fund Advisors
California
$122M -$1.55M -61,546 -2%
BIT
5
BlackRock Institutional Trust
California
$112M +$1.77M +70,285 +2%
GI
6
GAMCO Investors
Connecticut
$111M -$3.37M -133,641 -4%
T. Rowe Price Associates
7
T. Rowe Price Associates
Maryland
$104M +$5.31M +210,530 +6%
BA
8
BlackRock Advisors
Delaware
$94.3M +$3.99M +158,303 +5%
Fidelity Investments
9
Fidelity Investments
Massachusetts
$94.2M +$8.18M +324,300 +12%
GF
10
Gabelli Funds
New York
$91.7M -$1.26M -50,100 -2%
First Trust Advisors
11
First Trust Advisors
Illinois
$80.2M +$56.2M +2,227,660 +509%
TA
12
Teachers Advisors
New York
$73.5M -$7.01M -277,824 -10%
BIM
13
BlackRock Investment Management
Delaware
$68.6M +$907K +35,942 +2%
Renaissance Technologies
14
Renaissance Technologies
New York
$68.2M -$5.98M -237,184 -9%
Ameriprise
15
Ameriprise
Minnesota
$48M +$5.7M +226,127 +17%
PA
16
Pinnacle Associates
New York
$44.5M +$59.8K +2,372 +0.2%
Bank of New York Mellon
17
Bank of New York Mellon
New York
$43.8M -$488K -19,354 -1%
RRAM
18
River Road Asset Management
Kentucky
$36.5M +$232K +9,190 +0.8%
Prudential Financial
19
Prudential Financial
New Jersey
$35.7M +$9.7M +384,600 +48%
Northern Trust
20
Northern Trust
Illinois
$35.3M +$501K +19,860 +2%
CI
21
Cambiar Investors
Colorado
$32.3M -$4.46M -176,859 -14%
TCIM
22
TIAA CREF Investment Management
New York
$30.7M -$10.9M -433,381 -30%
RA
23
Royce & Associates
New York
$29.8M
BG
24
BlackRock Group
United Kingdom
$28.9M -$106K -4,187 -0.4%
QI
25
QV Investors
Alberta, Canada
$22.6M +$256K +10,150 +1%

TDS Hedge Fund Activity: Q1 2016 in Review

253 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Telephone and Data Systems (TDS) for Q1 2016, worth a combined $2.66B — up 16% from $2.28B a quarter earlier.

Fund positioning in TDS was balanced in Q1 2016: 37 funds opened new positions, 37 closed out, 95 added to existing stakes and 94 trimmed.

The largest buyer was First Trust Advisors, adding an estimated $56.2M. The largest seller was Millennium Management, cutting an estimated $32.3M.

  • 253 institutional investors held Telephone and Data Systems (TDS) as of Q1 2016, unchanged from Q4 2015.
  • Funds reported $2.66B of Telephone and Data Systems stock for Q1 2016, up 16% quarter-over-quarter.
  • 37 funds opened new Telephone and Data Systems positions in Q1 2016 and 37 closed out, a net change of 0 holders.
  • The largest Telephone and Data Systems buyer in Q1 2016 was First Trust Advisors, an estimated $56.2M added.
  • The largest Telephone and Data Systems seller in Q1 2016 was Millennium Management, an estimated $32.3M sold.

Based on aggregated 13F filings for Q1 2016.