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Telephone and Data Systems

235 hedge funds and large institutions have $2.56B invested in Telephone and Data Systems in 2017 Q2 according to their latest regulatory filings, with 25 funds opening new positions, 76 increasing their positions, 95 reducing their positions, and 34 closing their positions.

New
Increased
Maintained
Reduced
Closed

79% more call options, than puts

Call options by funds: $1.87M | Put options by funds: $1.05M

7% more capital invested

Capital invested by funds: $2.4B → $2.56B (+$160M)

1.57% more ownership

Funds ownership: 87.81%89.37% (+1.6%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

4% less funds holding

Funds holding: 244235 (-9)

20% less repeat investments, than reductions

Existing positions increased: 76 | Existing positions reduced: 95

26% less first-time investments, than exits

New positions opened: 25 | Existing positions closed: 34

Holders
235
Holders Change
-9
Holders Change %
-3.69%
% of All Funds
5.86%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
25
Increased
76
Reduced
95
Closed
34
Calls
$1.87M
Puts
$1.05M
Net Calls
+$825K
Net Calls Change
+$272K
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$484M +$18.3M +665,746 +4%
Vanguard Group
2
Vanguard Group
Pennsylvania
$271M +$2.63M +95,665 +1%
State Street
3
State Street
Massachusetts
$251M +$68.9M +2,505,860 +38%
Dimensional Fund Advisors
4
Dimensional Fund Advisors
Texas
$203M +$27.8M +1,012,673 +16%
GI
5
GAMCO Investors
Connecticut
$89.5M -$2.69M -97,839 -3%
GF
6
Gabelli Funds
New York
$80.2M +$715K +26,000 +0.9%
TA
7
Teachers Advisors
New York
$76.7M -$636K -23,156 -0.8%
First Trust Advisors
8
First Trust Advisors
Illinois
$75.7M +$4.11M +149,539 +6%
Renaissance Technologies
9
Renaissance Technologies
New York
$71.8M +$13.7K +500 +0%
T. Rowe Price Associates
10
T. Rowe Price Associates
Maryland
$50.4M +$299K +10,864 +0.6%
Bank of New York Mellon
11
Bank of New York Mellon
New York
$48.6M -$1.07M -39,024 -2%
AL
12
AJO LP
Pennsylvania
$46.8M +$37.7M +1,370,297 +432%
Fidelity Investments
13
Fidelity Investments
Massachusetts
$42.1M -$25M -911,176 -38%
Ameriprise
14
Ameriprise
Minnesota
$41M -$1.7M -62,010 -4%
Northern Trust
15
Northern Trust
Illinois
$34.6M -$316K -11,484 -0.9%
PA
16
Pinnacle Associates
New York
$34.1M -$1.53M -55,835 -4%
Prudential Financial
17
Prudential Financial
New Jersey
$28M +$5.47M +199,030 +25%
TCIM
18
TIAA CREF Investment Management
New York
$25.3M -$1.15M -41,775 -4%
Norges Bank
19
Norges Bank
Norway
$25.1M -$3.23M -117,597 -12%
RA
20
Royce & Associates
New York
$24.4M
Geode Capital Management
21
Geode Capital Management
Massachusetts
$21.1M +$18.7K +681 +0.1%
Morgan Stanley
22
Morgan Stanley
New York
$20.3M -$158K -5,763 -0.8%
Charles Schwab
23
Charles Schwab
California
$16.7M +$1.12M +40,677 +7%
CI
24
Cambiar Investors
Colorado
$16.6M -$4.12M -149,890 -20%
RRAM
25
River Road Asset Management
Kentucky
$16.3M -$4.7M -171,080 -23%

TDS Hedge Fund Activity: Q2 2017 in Review

235 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Telephone and Data Systems (TDS) for Q2 2017, worth a combined $2.56B — up 6.7% from $2.4B a quarter earlier.

Sellers outnumbered buyers: 34 funds closed out of TDS and 25 opened new positions — a net loss of 9 holders — while 95 trimmed existing stakes and 76 added.

The largest buyer was State Street, adding an estimated $68.9M. The largest seller was Fidelity Investments, cutting an estimated $25M.

  • 235 institutional investors held Telephone and Data Systems (TDS) as of Q2 2017, down from 244 in Q1 2017.
  • Funds reported $2.56B of Telephone and Data Systems stock for Q2 2017, up 6.7% quarter-over-quarter.
  • 25 funds opened new Telephone and Data Systems positions in Q2 2017 and 34 closed out, a net change of -9 holders.
  • The largest Telephone and Data Systems buyer in Q2 2017 was State Street, an estimated $68.9M added.
  • The largest Telephone and Data Systems seller in Q2 2017 was Fidelity Investments, an estimated $25M sold.

Based on aggregated 13F filings for Q2 2017.