Telephone and Data Systems
358 hedge funds and large institutions have $4.26B invested in Telephone and Data Systems in 2026 Q1 according to their latest regulatory filings, with 58 funds opening new positions, 124 increasing their positions, 123 reducing their positions, and 40 closing their positions.
1,967% more call options, than puts
Call options by funds: $14.5M | Put options by funds: $703K
127% more capital inflows, than outflows
Capital inflows: $840M | Capital outflows: $370M
45% more first-time investments, than exits
New positions opened: 58 | Existing positions closed: 40
4% more funds holding
Funds holding: 345 → 358 (+13)
1% more repeat investments, than reductions
Existing positions increased: 124 | Existing positions reduced: 123
0.84% less ownership
Funds ownership: 94.56% → 93.72% (-0.84%)
31% less funds holding in top 10
Funds holding in top 10: 13 → 9 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dendur Capital
New York
|
+$35.3M |
| 2 |
Oaktree Capital Management
Los Angeles,
California
|
+$26.6M |
| 3 |
Goldentree Asset Management
New York
|
+$22.7M |
| 4 |
Rokos Capital Management (UK)
London,
United Kingdom
|
+$22M |
| 5 |
Carronade Capital Management
Darien,
Connecticut
|
+$18.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Diameter Capital Partners
New York
|
-$43.8M |
| 2 |
Millennium Management
New York
|
-$37.9M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
-$24.3M |
| 4 |
Private Management Group
Irvine,
California
|
-$18.1M |
| 5 |
Barclays
London,
United Kingdom
|
-$13.8M |
TDS Hedge Fund Activity: Q1 2026 in Review
358 of the 8,232 institutional investors tracked by Wall St. Rank reported a position in Telephone and Data Systems (TDS) for Q1 2026, worth a combined $4.26B — up 1.8% from $4.19B a quarter earlier.
Buyers outnumbered sellers: 58 funds opened new TDS positions and 40 closed out — a net gain of 18 holders — while 124 added to existing stakes and 123 trimmed.
The largest buyer was Dendur Capital, opening a new position worth an estimated $35.3M. The largest seller was Diameter Capital Partners, exiting entirely with an estimated $43.8M sold.
- 358 institutional investors held Telephone and Data Systems (TDS) as of Q1 2026, up from 345 in Q4 2025.
- Funds reported $4.26B of Telephone and Data Systems stock for Q1 2026, up 1.8% quarter-over-quarter.
- 58 funds opened new Telephone and Data Systems positions in Q1 2026 and 40 closed out, a net change of +18 holders.
- The largest Telephone and Data Systems buyer in Q1 2026 was Dendur Capital, an estimated $35.3M added.
- The largest Telephone and Data Systems seller in Q1 2026 was Diameter Capital Partners, an estimated $43.8M sold.
Based on aggregated 13F filings for Q1 2026.