Telefonica
TEF was delisted on the 16th of January, 2026.
185 hedge funds and large institutions have $230M invested in Telefonica in 2020 Q4 according to their latest regulatory filings, with 42 funds opening new positions, 52 increasing their positions, 89 reducing their positions, and 13 closing their positions.
223% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 13
41% more capital invested
Capital invested by funds: $163M → $230M (+$66.3M)
17% more funds holding
Funds holding: 158 → 185 (+27)
0.07% more ownership
Funds ownership: 1.06% → 1.13% (+0.07%)
42% less repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 89
58% less call options, than puts
Call options by funds: $120K | Put options by funds: $283K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IUHSA
Itau Unibanco Holding S.A.
Sao Paulo,
Brazil
|
+$10.5M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$8.28M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$5.49M |
| 4 |
IIA
IPG Investment Advisors
San Diego,
California
|
+$4.13M |
| 5 |
AG
Aperio Group
Sausalito,
California
|
+$2.88M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$8.03M |
| 2 |
FDCDDQ
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
|
-$4.92M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$3.71M |
| 4 |
MWNA
Marshall Wace North America
New York
|
-$1.97M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$1.12M |
TEF Hedge Fund Activity: Q4 2020 in Review
185 of the 5,652 institutional investors tracked by Wall St. Rank reported a position in Telefonica (TEF) for Q4 2020, worth a combined $230M — up 41% from $163M a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new TEF positions and 13 closed out — a net gain of 29 holders — while 52 added to existing stakes and 89 trimmed.
The largest buyer was Itau Unibanco Holding S.A., opening a new position worth an estimated $10.5M. The largest seller was Morgan Stanley, cutting an estimated $8.03M.
- 185 institutional investors held Telefonica (TEF) as of Q4 2020, up from 158 in Q3 2020.
- Funds reported $230M of Telefonica stock for Q4 2020, up 41% quarter-over-quarter.
- 42 funds opened new Telefonica positions in Q4 2020 and 13 closed out, a net change of +29 holders.
- The largest Telefonica buyer in Q4 2020 was Itau Unibanco Holding S.A., an estimated $10.5M added.
- The largest Telefonica seller in Q4 2020 was Morgan Stanley, an estimated $8.03M sold.
Based on aggregated 13F filings for Q4 2020.