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Telephone and Data Systems

241 hedge funds and large institutions have $1.68B invested in Telephone and Data Systems in 2020 Q4 according to their latest regulatory filings, with 34 funds opening new positions, 84 increasing their positions, 102 reducing their positions, and 39 closing their positions.

New
Increased
Maintained
Reduced
Closed

39% more call options, than puts

Call options by funds: $2.52M | Put options by funds: $1.82M

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

2% less capital invested

Capital invested by funds: $1.72B → $1.68B (-$34.5M)

2.64% less ownership

Funds ownership: 87.48%84.84% (-2.6%)

3% less funds holding

Funds holding: 248241 (-7)

13% less first-time investments, than exits

New positions opened: 34 | Existing positions closed: 39

18% less repeat investments, than reductions

Existing positions increased: 84 | Existing positions reduced: 102

Holders
241
Holders Change
-7
Holders Change %
-2.82%
% of All Funds
4.26%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
34
Increased
84
Reduced
102
Closed
39
Calls
$2.52M
Puts
$1.82M
Net Calls
+$702K
Net Calls Change
-$510K
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$243M -$31.9M -1,736,869 -12%
Vanguard Group
2
Vanguard Group
Pennsylvania
$183M +$3.61M +196,633 +2%
State Street
3
State Street
Massachusetts
$180M -$7.98M -434,168 -4%
Dimensional Fund Advisors
4
Dimensional Fund Advisors
Texas
$137M -$7.6M -413,394 -5%
T. Rowe Price Associates
5
T. Rowe Price Associates
Maryland
$60.5M +$5.21M +283,710 +10%
GF
6
Gabelli Funds
New York
$46.3M +$82.7K +4,500 +0.2%
Renaissance Technologies
7
Renaissance Technologies
New York
$45.1M -$8.1M -440,790 -15%
Acadian Asset Management
8
Acadian Asset Management
Massachusetts
$41M -$631K -34,321 -2%
ECP
9
Empyrean Capital Partners
California
$36.9M -$140K -7,642 -0.4%
GI
10
GAMCO Investors
Connecticut
$32.7M +$71.8K +3,908 +0.2%
Bank of New York Mellon
11
Bank of New York Mellon
New York
$31.8M +$5.7M +310,199 +22%
Northern Trust
12
Northern Trust
Illinois
$26.6M -$632K -34,375 -2%
Morgan Stanley
13
Morgan Stanley
New York
$25.9M +$9.28M +505,070 +57%
Norges Bank
14
Norges Bank
Norway
$25.5M -$2.42M -131,483 -9%
PMG
15
Private Management Group
California
$23.9M +$6.24M +339,658 +36%
Geode Capital Management
16
Geode Capital Management
Massachusetts
$20.6M +$244K +13,251 +1%
D.E. Shaw & Co
17
D.E. Shaw & Co
New York
$19.6M +$9.72M +528,892 +101%
Prudential Financial
18
Prudential Financial
New Jersey
$17.7M +$5.24M +285,208 +43%
ProShare Advisors
19
ProShare Advisors
Maryland
$16.6M +$2.83M +154,184 +21%
Ameriprise
20
Ameriprise
Minnesota
$15.8M +$2.78M +151,080 +22%
First Trust Advisors
21
First Trust Advisors
Illinois
$15.1M +$6.78M +368,932 +83%
Millennium Management
22
Millennium Management
New York
$14.4M +$4.09M +222,543 +40%
Jacobs Levy Equity Management
23
Jacobs Levy Equity Management
New Jersey
$13.5M +$12M +650,208 +861%
AQR Capital Management
24
AQR Capital Management
Connecticut
$12.6M -$7.38M -401,421 -37%
Bank of America
25
Bank of America
North Carolina
$12.3M +$92.5K +5,033 +0.8%

TDS Hedge Fund Activity: Q4 2020 in Review

241 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Telephone and Data Systems (TDS) for Q4 2020, worth a combined $1.68B — down 2% from $1.72B a quarter earlier.

Sellers outnumbered buyers: 39 funds closed out of TDS and 34 opened new positions — a net loss of 5 holders — while 102 trimmed existing stakes and 84 added.

The largest buyer was Jacobs Levy Equity Management, adding an estimated $12M. The largest seller was AJO LP, cutting an estimated $35.4M.

  • 241 institutional investors held Telephone and Data Systems (TDS) as of Q4 2020, down from 248 in Q3 2020.
  • Funds reported $1.68B of Telephone and Data Systems stock for Q4 2020, down 2% quarter-over-quarter.
  • 34 funds opened new Telephone and Data Systems positions in Q4 2020 and 39 closed out, a net change of -5 holders.
  • The largest Telephone and Data Systems buyer in Q4 2020 was Jacobs Levy Equity Management, an estimated $12M added.
  • The largest Telephone and Data Systems seller in Q4 2020 was AJO LP, an estimated $35.4M sold.

Based on aggregated 13F filings for Q4 2020.