Telus
304 hedge funds and large institutions have $12.4B invested in Telus in 2024 Q3 according to their latest regulatory filings, with 32 funds opening new positions, 128 increasing their positions, 111 reducing their positions, and 31 closing their positions.
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
15% more repeat investments, than reductions
Existing positions increased: 128 | Existing positions reduced: 111
10% more capital invested
Capital invested by funds: $11.3B → $12.4B (+$1.1B)
3% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 31
0% less funds holding
Funds holding: 305 → 304 (-1)
0.64% less ownership
Funds ownership: 50.21% → 49.57% (-0.64%)
22% less call options, than puts
Call options by funds: $271M | Put options by funds: $346M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$158M |
| 2 |
National Bank of Canada
Montreal,
Quebec, Canada
|
+$82.3M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$49.7M |
| 4 |
Fidelity International
Hamilton,
Bermuda
|
+$39.2M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$33.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$83.8M |
| 2 |
CIBC World Market
Toronto,
Ontario, Canada
|
-$77.7M |
| 3 |
AM
AGF Management
Toronto,
Ontario, Canada
|
-$68.7M |
| 4 |
Morgan Stanley
New York
|
-$65.7M |
| 5 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$59.6M |
TU Hedge Fund Activity: Q3 2024 in Review
304 of the 6,978 institutional investors tracked by Wall St. Rank reported a position in Telus (TU) for Q3 2024, worth a combined $12.4B — up 9.7% from $11.3B a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new TU positions and 31 closed out — a net gain of 1 holder — while 128 added to existing stakes and 111 trimmed.
The largest buyer was Bank of Montreal, adding an estimated $158M. The largest seller was Capital Research Global Investors, cutting an estimated $83.8M.
- 304 institutional investors held Telus (TU) as of Q3 2024, down from 305 in Q2 2024.
- Funds reported $12.4B of Telus stock for Q3 2024, up 9.7% quarter-over-quarter.
- 32 funds opened new Telus positions in Q3 2024 and 31 closed out, a net change of +1 holder.
- The largest Telus buyer in Q3 2024 was Bank of Montreal, an estimated $158M added.
- The largest Telus seller in Q3 2024 was Capital Research Global Investors, an estimated $83.8M sold.
Based on aggregated 13F filings for Q3 2024.