Telus
304 hedge funds and large institutions have $14.4B invested in Telus in 2023 Q2 according to their latest regulatory filings, with 24 funds opening new positions, 123 increasing their positions, 110 reducing their positions, and 30 closing their positions.
273% more call options, than puts
Call options by funds: $79.6M | Put options by funds: $21.4M
12% more repeat investments, than reductions
Existing positions increased: 123 | Existing positions reduced: 110
11% more funds holding in top 10
Funds holding in top 10: 9 → 10 (+1)
0.5% more ownership
Funds ownership: 50.61% → 51.11% (+0.5%)
1% less capital invested
Capital invested by funds: $14.6B → $14.4B (-$173M)
2% less funds holding
Funds holding: 310 → 304 (-6)
20% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 30
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$211M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$143M |
| 3 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$83.1M |
| 4 |
Man Group
London,
United Kingdom
|
+$31.1M |
| 5 |
CIBC World Market
Toronto,
Ontario, Canada
|
+$29M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$172M |
| 2 |
TD Asset Management
Toronto,
Ontario, Canada
|
-$112M |
| 3 |
CIBC Asset Management
Toronto,
Ontario, Canada
|
-$40.9M |
| 4 |
Janus Henderson Group
London,
|
-$39.8M |
| 5 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$19.3M |
TU Hedge Fund Activity: Q2 2023 in Review
304 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Telus (TU) for Q2 2023, worth a combined $14.4B — down 1.2% from $14.6B a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of TU and 24 opened new positions — a net loss of 6 holders — while 110 trimmed existing stakes and 123 added.
The largest buyer was Bank of Montreal, adding an estimated $211M. The largest seller was Manulife (Manufacturers Life Insurance), cutting an estimated $172M.
- 304 institutional investors held Telus (TU) as of Q2 2023, down from 310 in Q1 2023.
- Funds reported $14.4B of Telus stock for Q2 2023, down 1.2% quarter-over-quarter.
- 24 funds opened new Telus positions in Q2 2023 and 30 closed out, a net change of -6 holders.
- The largest Telus buyer in Q2 2023 was Bank of Montreal, an estimated $211M added.
- The largest Telus seller in Q2 2023 was Manulife (Manufacturers Life Insurance), an estimated $172M sold.
Based on aggregated 13F filings for Q2 2023.