Telus
317 hedge funds and large institutions have $11.7B invested in Telus in 2024 Q1 according to their latest regulatory filings, with 38 funds opening new positions, 122 increasing their positions, 117 reducing their positions, and 34 closing their positions.
69% more call options, than puts
Call options by funds: $130M | Put options by funds: $76.8M
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
12% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 34
4% more repeat investments, than reductions
Existing positions increased: 122 | Existing positions reduced: 117
1% more funds holding
Funds holding: 314 → 317 (+3)
1.43% less ownership
Funds ownership: 50.81% → 49.38% (-1.4%)
11% less capital invested
Capital invested by funds: $13.2B → $11.7B (-$1.51B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$90.8M |
| 2 |
CIBC World Market
Toronto,
Ontario, Canada
|
+$86M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$73M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$49.5M |
| 5 |
IIM
Intact Investment Management
Montreal,
Quebec, Canada
|
+$45.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$339M |
| 2 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$120M |
| 3 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$85.2M |
| 4 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$55.5M |
| 5 |
Capital Research Global Investors
Los Angeles,
California
|
-$44.7M |
TU Hedge Fund Activity: Q1 2024 in Review
317 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Telus (TU) for Q1 2024, worth a combined $11.7B — down 11% from $13.2B a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new TU positions and 34 closed out — a net gain of 4 holders — while 122 added to existing stakes and 117 trimmed.
The largest buyer was Bank of Montreal, adding an estimated $90.8M. The largest seller was Manulife (Manufacturers Life Insurance), cutting an estimated $339M.
- 317 institutional investors held Telus (TU) as of Q1 2024, up from 314 in Q4 2023.
- Funds reported $11.7B of Telus stock for Q1 2024, down 11% quarter-over-quarter.
- 38 funds opened new Telus positions in Q1 2024 and 34 closed out, a net change of +4 holders.
- The largest Telus buyer in Q1 2024 was Bank of Montreal, an estimated $90.8M added.
- The largest Telus seller in Q1 2024 was Manulife (Manufacturers Life Insurance), an estimated $339M sold.
Based on aggregated 13F filings for Q1 2024.