Telefonica
TEF was delisted on the 16th of January, 2026.
198 hedge funds and large institutions have $305M invested in Telefonica in 2023 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 75 increasing their positions, 53 reducing their positions, and 32 closing their positions.
42% more repeat investments, than reductions
Existing positions increased: 75 | Existing positions reduced: 53
21% more capital invested
Capital invested by funds: $251M → $305M (+$53.8M)
0.01% more ownership
Funds ownership: 1.22% → 1.23% (+0.01%)
5% less funds holding
Funds holding: 208 → 198 (-10)
22% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 32
31% less call options, than puts
Call options by funds: $44K | Put options by funds: $64K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$11.6M |
| 2 |
Pacer Advisors
Malvern,
Pennsylvania
|
+$5.67M |
| 3 |
Goldman Sachs
New York
|
+$3.24M |
| 4 |
BlackRock
New York
|
+$2.38M |
| 5 |
Russell Investments Group
London,
United Kingdom
|
+$2.33M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$6.84M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$5.05M |
| 3 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$3.79M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$3.17M |
| 5 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$2.15M |
TEF Hedge Fund Activity: Q1 2023 in Review
198 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in Telefonica (TEF) for Q1 2023, worth a combined $305M — up 21% from $251M a quarter earlier.
Sellers outnumbered buyers: 32 funds closed out of TEF and 25 opened new positions — a net loss of 7 holders — while 53 trimmed existing stakes and 75 added.
The largest buyer was Bank of America, adding an estimated $11.6M. The largest seller was Morgan Stanley, cutting an estimated $6.84M.
- 198 institutional investors held Telefonica (TEF) as of Q1 2023, down from 208 in Q4 2022.
- Funds reported $305M of Telefonica stock for Q1 2023, up 21% quarter-over-quarter.
- 25 funds opened new Telefonica positions in Q1 2023 and 32 closed out, a net change of -7 holders.
- The largest Telefonica buyer in Q1 2023 was Bank of America, an estimated $11.6M added.
- The largest Telefonica seller in Q1 2023 was Morgan Stanley, an estimated $6.84M sold.
Based on aggregated 13F filings for Q1 2023.