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180 hedge funds and large institutions have $11.5B invested in Telus in 2013 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 54 increasing their positions, 86 reducing their positions, and 19 closing their positions.

New
Increased
Maintained
Reduced
Closed

390% more call options, than puts

Call options by funds: $58.2M | Put options by funds: $11.9M

8% more capital invested

Capital invested by funds: $10.7B → $11.5B (+$813M)

3% less funds holding

Funds holding: 185180 (-5)

6% less funds holding in top 10

Funds holding in top 10: 1615 (-1)

6.28% less ownership

Funds ownership: 112.36%106.08% (-6.3%)

11% less first-time investments, than exits

New positions opened: 17 | Existing positions closed: 19

37% less repeat investments, than reductions

Existing positions increased: 54 | Existing positions reduced: 86

Holders
180
Holders Change
-5
Holders Change %
-2.7%
% of All Funds
5.84%
Holding in Top 10
15
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-6.25%
% of All Funds
0.49%
New
17
Increased
54
Reduced
86
Closed
19
Calls
$58.2M
Puts
$11.9M
Net Calls
+$46.3M
Net Calls Change
+$23M
Name Holding Trade Value Shares
Change
Change in
Stake
Royal Bank of Canada
1
Royal Bank of Canada
Ontario, Canada
$1.28B -$21M -1,344,792 -2%
IGIM
2
I.G. Investment Management
Manitoba, Canada
$990M -$52.6M -3,375,500 -5%
TD Asset Management
3
TD Asset Management
Ontario, Canada
$904M -$55.3M -3,547,576 -6%
Fidelity Investments
4
Fidelity Investments
Massachusetts
$570M +$140M +8,997,568 +35%
BGC
5
Beutel, Goodman & Co
Ontario, Canada
$561M +$14.9M +953,280 +3%
Bank of Montreal
6
Bank of Montreal
Ontario, Canada
$550M +$3.85M +246,596 +0.7%
BlackRock
7
BlackRock
New York
$504M -$66M -4,229,992 -12%
CIBC Asset Management
8
CIBC Asset Management
Ontario, Canada
$440M +$2.62M +168,128 +0.6%
LBA
9
Letko, Brosseau & Associates
Quebec, Canada
$404M -$43.7M -2,800,020 -10%
Caisse de Depot et Placement du Quebec (CDPQ)
10
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$401M -$337M -21,605,200 -47%
1832 Asset Management
11
1832 Asset Management
Ontario, Canada
$376M -$75.7M -4,852,026 -18%
CIBC World Market
12
CIBC World Market
Ontario, Canada
$338M -$7.67M -491,564 -2%
Connor, Clark & Lunn Investment Management (CC&L)
13
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$320M +$2.12M +135,748 +0.7%
Canada Life
14
Canada Life
Manitoba, Canada
$294M -$32.8M -2,103,356 -11%
Franklin Resources
15
Franklin Resources
California
$261M +$79.6M +5,101,272 +48%
Mawer Investment Management
16
Mawer Investment Management
Alberta, Canada
$209M +$196M +12,583,058 New
GCC
17
Guardian Capital (Canada)
Ontario, Canada
$179M -$48.3M -3,099,214 -22%
Bank of Nova Scotia
18
Bank of Nova Scotia
Ontario, Canada
$170M -$1.5M -96,400 -0.9%
Toronto Dominion Bank
19
Toronto Dominion Bank
Ontario, Canada
$150M -$206M -13,191,944 -59%
Mackenzie Financial
20
Mackenzie Financial
Ontario, Canada
$148M -$18M -1,151,368 -11%
BIT
21
BlackRock Institutional Trust
California
$142M -$24.2M -1,548,610 -15%
AIMCA
22
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$141M +$15.7M +1,005,400 +14%
Fiera Capital (Canada)
23
Fiera Capital (Canada)
Quebec, Canada
$140M +$27.9M +1,785,998 +27%
SRAIM
24
Scheer Rowlett & Associates Investment Management
Ontario, Canada
$138M +$3.48M +222,982 +3%
Citigroup
25
Citigroup
New York
$128M +$52.2M +3,348,860 +77%

TU Hedge Fund Activity: Q3 2013 in Review

180 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Telus (TU) for Q3 2013, worth a combined $11.5B — up 7.6% from $10.7B a quarter earlier.

Sellers outnumbered buyers: 19 funds closed out of TU and 17 opened new positions — a net loss of 2 holders — while 86 trimmed existing stakes and 54 added.

The largest buyer was Mawer Investment Management, opening a new position worth an estimated $196M. The largest seller was Caisse de Depot et Placement du Quebec (CDPQ), cutting an estimated $337M.

  • 180 institutional investors held Telus (TU) as of Q3 2013, down from 185 in Q2 2013.
  • Funds reported $11.5B of Telus stock for Q3 2013, up 7.6% quarter-over-quarter.
  • 17 funds opened new Telus positions in Q3 2013 and 19 closed out, a net change of -2 holders.
  • The largest Telus buyer in Q3 2013 was Mawer Investment Management, an estimated $196M added.
  • The largest Telus seller in Q3 2013 was Caisse de Depot et Placement du Quebec (CDPQ), an estimated $337M sold.

Based on aggregated 13F filings for Q3 2013.