Telephone and Data Systems
248 hedge funds and large institutions have $1.73B invested in Telephone and Data Systems in 2020 Q3 according to their latest regulatory filings, with 42 funds opening new positions, 86 increasing their positions, 90 reducing their positions, and 25 closing their positions.
68% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 25
49% more call options, than puts
Call options by funds: $3.67M | Put options by funds: $2.46M
7% more funds holding
Funds holding: 231 → 248 (+17)
0.86% more ownership
Funds ownership: 86.62% → 87.48% (+0.86%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less repeat investments, than reductions
Existing positions increased: 86 | Existing positions reduced: 90
8% less capital invested
Capital invested by funds: $1.87B → $1.73B (-$143M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECP
Empyrean Capital Partners
Los Angeles,
California
|
+$41.9M |
| 2 |
Millennium Management
New York
|
+$10.7M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$10.4M |
| 4 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$6.8M |
| 5 |
Man Group
London,
United Kingdom
|
+$6.61M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$15.6M |
| 2 |
State Street
Boston,
Massachusetts
|
-$13.9M |
| 3 |
BlackRock
New York
|
-$13.1M |
| 4 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$9.1M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
-$8.75M |
TDS Hedge Fund Activity: Q3 2020 in Review
248 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in Telephone and Data Systems (TDS) for Q3 2020, worth a combined $1.73B — down 7.6% from $1.87B a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new TDS positions and 25 closed out — a net gain of 17 holders — while 86 added to existing stakes and 90 trimmed.
The largest buyer was Empyrean Capital Partners, opening a new position worth an estimated $41.9M. The largest seller was First Trust Advisors, cutting an estimated $15.6M.
- 248 institutional investors held Telephone and Data Systems (TDS) as of Q3 2020, up from 231 in Q2 2020.
- Funds reported $1.73B of Telephone and Data Systems stock for Q3 2020, down 7.6% quarter-over-quarter.
- 42 funds opened new Telephone and Data Systems positions in Q3 2020 and 25 closed out, a net change of +17 holders.
- The largest Telephone and Data Systems buyer in Q3 2020 was Empyrean Capital Partners, an estimated $41.9M added.
- The largest Telephone and Data Systems seller in Q3 2020 was First Trust Advisors, an estimated $15.6M sold.
Based on aggregated 13F filings for Q3 2020.