Telos
TLS
158 hedge funds and large institutions have $241M invested in Telos in 2025 Q4 according to their latest regulatory filings, with 39 funds opening new positions, 62 increasing their positions, 39 reducing their positions, and 12 closing their positions.
7,363% more call options, than puts
Call options by funds: $597K | Put options by funds: $8K
225% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 12
59% more repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 39
18% more funds holding
Funds holding: 134 → 158 (+24)
2.25% more ownership
Funds ownership: 61.83% → 64.08% (+2.3%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
22% less capital invested
Capital invested by funds: $307M → $241M (-$66.2M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
+$3.82M |
| 2 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$3.63M |
| 3 |
Lazard Asset Management
New York
|
+$3.05M |
| 4 |
TI
Trexquant Investment
Stamford,
Connecticut
|
+$2.56M |
| 5 |
Two Sigma Investments
New York
|
+$2.19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$9.66M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$5.37M |
| 3 |
AI
Acuitas Investments
Seattle,
Washington
|
-$5.28M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$2.24M |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$2.15M |
TLS Hedge Fund Activity: Q4 2025 in Review
158 of the 8,270 institutional investors tracked by Wall St. Rank reported a position in Telos (TLS) for Q4 2025, worth a combined $241M — down 22% from $307M a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new TLS positions and 12 closed out — a net gain of 27 holders — while 62 added to existing stakes and 39 trimmed.
The largest buyer was D.E. Shaw & Co, adding an estimated $3.82M. The largest seller was Millennium Management, cutting an estimated $9.66M.
- 158 institutional investors held Telos (TLS) as of Q4 2025, up from 134 in Q3 2025.
- Funds reported $241M of Telos stock for Q4 2025, down 22% quarter-over-quarter.
- 39 funds opened new Telos positions in Q4 2025 and 12 closed out, a net change of +27 holders.
- The largest Telos buyer in Q4 2025 was D.E. Shaw & Co, an estimated $3.82M added.
- The largest Telos seller in Q4 2025 was Millennium Management, an estimated $9.66M sold.
Based on aggregated 13F filings for Q4 2025.