Telephone and Data Systems
258 hedge funds and large institutions have $2.61B invested in Telephone and Data Systems in 2018 Q1 according to their latest regulatory filings, with 36 funds opening new positions, 90 increasing their positions, 92 reducing their positions, and 27 closing their positions.
732% more call options, than puts
Call options by funds: $9.86M | Put options by funds: $1.19M
33% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 27
2% more funds holding
Funds holding: 253 → 258 (+5)
1.45% more ownership
Funds ownership: 88.36% → 89.81% (+1.5%)
3% more capital invested
Capital invested by funds: $2.54B → $2.61B (+$71.4M)
2% less repeat investments, than reductions
Existing positions increased: 90 | Existing positions reduced: 92
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAM
Contour Asset Management
New York
|
+$17.2M |
| 2 |
Millennium Management
New York
|
+$16.7M |
| 3 |
ECP
Empyrean Capital Partners
Los Angeles,
California
|
+$16M |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
+$10.1M |
| 5 |
Renaissance Technologies
New York
|
+$9.61M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$21.6M |
| 2 |
Morgan Stanley
New York
|
-$13.3M |
| 3 |
RA
Royce & Associates
New York
|
-$11.7M |
| 4 |
Bank of New York Mellon
New York
|
-$11.1M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
-$5.95M |
TDS Hedge Fund Activity: Q1 2018 in Review
258 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in Telephone and Data Systems (TDS) for Q1 2018, worth a combined $2.61B — up 2.8% from $2.54B a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new TDS positions and 27 closed out — a net gain of 9 holders — while 90 added to existing stakes and 92 trimmed.
The largest buyer was Contour Asset Management, opening a new position worth an estimated $17.2M. The largest seller was BlackRock, cutting an estimated $21.6M.
- 258 institutional investors held Telephone and Data Systems (TDS) as of Q1 2018, up from 253 in Q4 2017.
- Funds reported $2.61B of Telephone and Data Systems stock for Q1 2018, up 2.8% quarter-over-quarter.
- 36 funds opened new Telephone and Data Systems positions in Q1 2018 and 27 closed out, a net change of +9 holders.
- The largest Telephone and Data Systems buyer in Q1 2018 was Contour Asset Management, an estimated $17.2M added.
- The largest Telephone and Data Systems seller in Q1 2018 was BlackRock, an estimated $21.6M sold.
Based on aggregated 13F filings for Q1 2018.