Telus
306 hedge funds and large institutions have $12B invested in Telus in 2023 Q3 according to their latest regulatory filings, with 26 funds opening new positions, 117 increasing their positions, 121 reducing their positions, and 22 closing their positions.
365% more call options, than puts
Call options by funds: $89.4M | Put options by funds: $19.2M
18% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 22
1% more funds holding
Funds holding: 304 → 306 (+2)
3% less repeat investments, than reductions
Existing positions increased: 117 | Existing positions reduced: 121
1.02% less ownership
Funds ownership: 51.11% → 50.09% (-1%)
17% less capital invested
Capital invested by funds: $14.4B → $12B (-$2.4B)
30% less funds holding in top 10
Funds holding in top 10: 10 → 7 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
+$124M |
| 2 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$60.3M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$33M |
| 4 |
QC
Quadrature Capital
London,
United Kingdom
|
+$30.5M |
| 5 |
SC
Scotia Capital
Toronto,
Ontario, Canada
|
+$27.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$92.5M |
| 2 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$67.4M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$59.7M |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$58.1M |
| 5 |
GCC
Guardian Capital (Canada)
Toronto,
Ontario, Canada
|
-$31.6M |
TU Hedge Fund Activity: Q3 2023 in Review
306 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Telus (TU) for Q3 2023, worth a combined $12B — down 17% from $14.4B a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new TU positions and 22 closed out — a net gain of 4 holders — while 117 added to existing stakes and 121 trimmed.
The largest buyer was Capital Research Global Investors, opening a new position worth an estimated $124M. The largest seller was Mackenzie Financial, cutting an estimated $92.5M.
- 306 institutional investors held Telus (TU) as of Q3 2023, up from 304 in Q2 2023.
- Funds reported $12B of Telus stock for Q3 2023, down 17% quarter-over-quarter.
- 26 funds opened new Telus positions in Q3 2023 and 22 closed out, a net change of +4 holders.
- The largest Telus buyer in Q3 2023 was Capital Research Global Investors, an estimated $124M added.
- The largest Telus seller in Q3 2023 was Mackenzie Financial, an estimated $92.5M sold.
Based on aggregated 13F filings for Q3 2023.