Telus
305 hedge funds and large institutions have $11.3B invested in Telus in 2024 Q2 according to their latest regulatory filings, with 32 funds opening new positions, 118 increasing their positions, 124 reducing their positions, and 38 closing their positions.
0.84% more ownership
Funds ownership: 49.38% → 50.21% (+0.84%)
3% less capital invested
Capital invested by funds: $11.7B → $11.3B (-$394M)
5% less repeat investments, than reductions
Existing positions increased: 118 | Existing positions reduced: 124
4% less funds holding
Funds holding: 317 → 305 (-12)
14% less call options, than puts
Call options by funds: $208M | Put options by funds: $241M
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
16% less first-time investments, than exits
New positions opened: 32 | Existing positions closed: 38
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FDCDDQ
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
|
+$164M |
| 2 |
CIBC World Market
Toronto,
Ontario, Canada
|
+$151M |
| 3 |
Morgan Stanley
New York
|
+$61.3M |
| 4 |
Fidelity International
Hamilton,
Bermuda
|
+$52.4M |
| 5 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$38.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$129M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$76.6M |
| 3 |
OAC
OMERS Administration Corp
Toronto,
Ontario, Canada
|
-$36M |
| 4 |
Sumitomo Mitsui Trust Group
Minato-Ku, Tokyo,
Japan
|
-$21.8M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$21.8M |
TU Hedge Fund Activity: Q2 2024 in Review
305 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in Telus (TU) for Q2 2024, worth a combined $11.3B — down 3.4% from $11.7B a quarter earlier.
Sellers outnumbered buyers: 38 funds closed out of TU and 32 opened new positions — a net loss of 6 holders — while 124 trimmed existing stakes and 118 added.
The largest buyer was Federation des caisses Desjardins du Quebec, adding an estimated $164M. The largest seller was Mackenzie Financial, cutting an estimated $129M.
- 305 institutional investors held Telus (TU) as of Q2 2024, down from 317 in Q1 2024.
- Funds reported $11.3B of Telus stock for Q2 2024, down 3.4% quarter-over-quarter.
- 32 funds opened new Telus positions in Q2 2024 and 38 closed out, a net change of -6 holders.
- The largest Telus buyer in Q2 2024 was Federation des caisses Desjardins du Quebec, an estimated $164M added.
- The largest Telus seller in Q2 2024 was Mackenzie Financial, an estimated $129M sold.
Based on aggregated 13F filings for Q2 2024.