Telephone and Data Systems
253 hedge funds and large institutions have $2.54B invested in Telephone and Data Systems in 2017 Q4 according to their latest regulatory filings, with 46 funds opening new positions, 100 increasing their positions, 68 reducing their positions, and 22 closing their positions.
437% more call options, than puts
Call options by funds: $2.89M | Put options by funds: $537K
109% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 22
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
47% more repeat investments, than reductions
Existing positions increased: 100 | Existing positions reduced: 68
10% more funds holding
Funds holding: 231 → 253 (+22)
3% less capital invested
Capital invested by funds: $2.62B → $2.54B (-$80.8M)
2.66% less ownership
Funds ownership: 91.02% → 88.36% (-2.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$16.7M |
| 2 |
Morgan Stanley
New York
|
+$13.5M |
| 3 |
JP Morgan Chase
New York
|
+$8.18M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$7.97M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$7.26M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$47.2M |
| 2 |
BlackRock
New York
|
-$31.8M |
| 3 |
State Street
Boston,
Massachusetts
|
-$16.9M |
| 4 |
NIPH
NN Investment Partners Holdings
The Hague,
Netherlands
|
-$12.9M |
| 5 |
QI
QV Investors
Calgary,
Alberta, Canada
|
-$12.6M |
TDS Hedge Fund Activity: Q4 2017 in Review
253 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in Telephone and Data Systems (TDS) for Q4 2017, worth a combined $2.54B — down 3.1% from $2.62B a quarter earlier.
Buyers outnumbered sellers: 46 funds opened new TDS positions and 22 closed out — a net gain of 24 holders — while 100 added to existing stakes and 68 trimmed.
The largest buyer was Millennium Management, adding an estimated $16.7M. The largest seller was First Trust Advisors, cutting an estimated $47.2M.
- 253 institutional investors held Telephone and Data Systems (TDS) as of Q4 2017, up from 231 in Q3 2017.
- Funds reported $2.54B of Telephone and Data Systems stock for Q4 2017, down 3.1% quarter-over-quarter.
- 46 funds opened new Telephone and Data Systems positions in Q4 2017 and 22 closed out, a net change of +24 holders.
- The largest Telephone and Data Systems buyer in Q4 2017 was Millennium Management, an estimated $16.7M added.
- The largest Telephone and Data Systems seller in Q4 2017 was First Trust Advisors, an estimated $47.2M sold.
Based on aggregated 13F filings for Q4 2017.