Telephone and Data Systems
307 hedge funds and large institutions have $3.78B invested in Telephone and Data Systems in 2025 Q1 according to their latest regulatory filings, with 43 funds opening new positions, 102 increasing their positions, 122 reducing their positions, and 38 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 6 → 8 (+2)
20% more capital inflows, than outflows
Capital inflows: $338M | Capital outflows: $282M
13% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 38
1% more funds holding
Funds holding: 304 → 307 (+3)
0.09% more ownership
Funds ownership: 92.05% → 92.14% (+0.09%)
16% less repeat investments, than reductions
Existing positions increased: 102 | Existing positions reduced: 122
29% less call options, than puts
Call options by funds: $81.5M | Put options by funds: $115M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$47.5M |
| 2 |
Third Point
New York
|
+$27.4M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$21.9M |
| 4 |
Whitebark Investors
Incline Village,
Nevada
|
+$21.1M |
| 5 |
Redwood Capital Management
New York
|
+$20.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$34.3M |
| 2 |
Carronade Capital Management
Darien,
Connecticut
|
-$32.4M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$24.5M |
| 4 |
Private Management Group
Irvine,
California
|
-$18M |
| 5 |
UBS AM
Chicago,
Illinois
|
-$14.3M |
TDS Hedge Fund Activity: Q1 2025 in Review
307 of the 7,489 institutional investors tracked by Wall St. Rank reported a position in Telephone and Data Systems (TDS) for Q1 2025, worth a combined $3.78B — up 14% from $3.31B a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new TDS positions and 38 closed out — a net gain of 5 holders — while 102 added to existing stakes and 122 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $47.5M. The largest seller was BlackRock, cutting an estimated $34.3M.
- 307 institutional investors held Telephone and Data Systems (TDS) as of Q1 2025, up from 304 in Q4 2024.
- Funds reported $3.78B of Telephone and Data Systems stock for Q1 2025, up 14% quarter-over-quarter.
- 43 funds opened new Telephone and Data Systems positions in Q1 2025 and 38 closed out, a net change of +5 holders.
- The largest Telephone and Data Systems buyer in Q1 2025 was Goldman Sachs, an estimated $47.5M added.
- The largest Telephone and Data Systems seller in Q1 2025 was BlackRock, an estimated $34.3M sold.
Based on aggregated 13F filings for Q1 2025.