Telephone and Data Systems
258 hedge funds and large institutions have $1.67B invested in Telephone and Data Systems in 2023 Q3 according to their latest regulatory filings, with 61 funds opening new positions, 73 increasing their positions, 97 reducing their positions, and 33 closing their positions.
509% more call options, than puts
Call options by funds: $70.2M | Put options by funds: $11.5M
111% more capital invested
Capital invested by funds: $790M → $1.67B (+$881M)
85% more first-time investments, than exits
New positions opened: 61 | Existing positions closed: 33
11% more funds holding
Funds holding: 232 → 258 (+26)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3.24% less ownership
Funds ownership: 89.94% → 86.69% (-3.2%)
25% less repeat investments, than reductions
Existing positions increased: 73 | Existing positions reduced: 97
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TP
Third Point
New York
|
+$30.8M |
| 2 |
ICM
Invenomic Capital Management
Boston,
Massachusetts
|
+$14.7M |
| 3 |
HI
HBK Investments
Dallas,
Texas
|
+$14.3M |
| 4 |
HF
HRT Financial
New York
|
+$9.51M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$9.38M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$102M |
| 2 |
Prudential Financial
Newark,
New Jersey
|
-$17.5M |
| 3 |
PMG
Private Management Group
Irvine,
California
|
-$17.1M |
| 4 |
ProShare Advisors
Bethesda,
Maryland
|
-$10.3M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
-$10M |
TDS Hedge Fund Activity: Q3 2023 in Review
258 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Telephone and Data Systems (TDS) for Q3 2023, worth a combined $1.67B — up 111% from $790M a quarter earlier.
Buyers outnumbered sellers: 61 funds opened new TDS positions and 33 closed out — a net gain of 28 holders — while 73 added to existing stakes and 97 trimmed.
The largest buyer was Third Point, opening a new position worth an estimated $30.8M. The largest seller was Invesco, cutting an estimated $102M.
- 258 institutional investors held Telephone and Data Systems (TDS) as of Q3 2023, up from 232 in Q2 2023.
- Funds reported $1.67B of Telephone and Data Systems stock for Q3 2023, up 111% quarter-over-quarter.
- 61 funds opened new Telephone and Data Systems positions in Q3 2023 and 33 closed out, a net change of +28 holders.
- The largest Telephone and Data Systems buyer in Q3 2023 was Third Point, an estimated $30.8M added.
- The largest Telephone and Data Systems seller in Q3 2023 was Invesco, an estimated $102M sold.
Based on aggregated 13F filings for Q3 2023.