Telephone and Data Systems
231 hedge funds and large institutions have $1.87B invested in Telephone and Data Systems in 2020 Q2 according to their latest regulatory filings, with 31 funds opening new positions, 77 increasing their positions, 100 reducing their positions, and 25 closing their positions.
24% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 25
17% more capital invested
Capital invested by funds: $1.6B → $1.87B (+$273M)
2% more funds holding
Funds holding: 227 → 231 (+4)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.92% less ownership
Funds ownership: 88.54% → 86.62% (-1.9%)
18% less call options, than puts
Call options by funds: $1.55M | Put options by funds: $1.88M
23% less repeat investments, than reductions
Existing positions increased: 77 | Existing positions reduced: 100
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
+$12.7M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$6.13M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$5.03M |
| 4 |
Morgan Stanley
New York
|
+$4.54M |
| 5 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$4.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$25M |
| 2 |
Millennium Management
New York
|
-$9.8M |
| 3 |
State Street
Boston,
Massachusetts
|
-$6.63M |
| 4 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$5.97M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$5.46M |
TDS Hedge Fund Activity: Q2 2020 in Review
231 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in Telephone and Data Systems (TDS) for Q2 2020, worth a combined $1.87B — up 17% from $1.6B a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new TDS positions and 25 closed out — a net gain of 6 holders — while 77 added to existing stakes and 100 trimmed.
The largest buyer was AQR Capital Management, adding an estimated $12.7M. The largest seller was First Trust Advisors, cutting an estimated $25M.
- 231 institutional investors held Telephone and Data Systems (TDS) as of Q2 2020, up from 227 in Q1 2020.
- Funds reported $1.87B of Telephone and Data Systems stock for Q2 2020, up 17% quarter-over-quarter.
- 31 funds opened new Telephone and Data Systems positions in Q2 2020 and 25 closed out, a net change of +6 holders.
- The largest Telephone and Data Systems buyer in Q2 2020 was AQR Capital Management, an estimated $12.7M added.
- The largest Telephone and Data Systems seller in Q2 2020 was First Trust Advisors, an estimated $25M sold.
Based on aggregated 13F filings for Q2 2020.