Telus
290 hedge funds and large institutions have $10.3B invested in Telus in 2024 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 119 increasing their positions, 102 reducing their positions, and 41 closing their positions.
17% more repeat investments, than reductions
Existing positions increased: 119 | Existing positions reduced: 102
1.15% more ownership
Funds ownership: 49.57% → 50.72% (+1.1%)
5% less funds holding
Funds holding: 304 → 290 (-14)
17% less capital invested
Capital invested by funds: $12.4B → $10.3B (-$2.1B)
29% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 41
42% less call options, than puts
Call options by funds: $264M | Put options by funds: $454M
57% less funds holding in top 10
Funds holding in top 10: 7 → 3 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIBC World Market
Toronto,
Ontario, Canada
|
+$166M |
| 2 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$140M |
| 3 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$103M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$59.5M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$49M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OAC
OMERS Administration Corp
Toronto,
Ontario, Canada
|
-$105M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$51.6M |
| 3 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$41.1M |
| 4 |
TD Asset Management
Toronto,
Ontario, Canada
|
-$35M |
| 5 |
IIM
Intact Investment Management
Montreal,
Quebec, Canada
|
-$34M |
TU Hedge Fund Activity: Q4 2024 in Review
290 of the 7,606 institutional investors tracked by Wall St. Rank reported a position in Telus (TU) for Q4 2024, worth a combined $10.3B — down 17% from $12.4B a quarter earlier.
Sellers outnumbered buyers: 41 funds closed out of TU and 29 opened new positions — a net loss of 12 holders — while 102 trimmed existing stakes and 119 added.
The largest buyer was CIBC World Market, adding an estimated $166M. The largest seller was OMERS Administration Corp, exiting entirely with an estimated $105M sold.
- 290 institutional investors held Telus (TU) as of Q4 2024, down from 304 in Q3 2024.
- Funds reported $10.3B of Telus stock for Q4 2024, down 17% quarter-over-quarter.
- 29 funds opened new Telus positions in Q4 2024 and 41 closed out, a net change of -12 holders.
- The largest Telus buyer in Q4 2024 was CIBC World Market, an estimated $166M added.
- The largest Telus seller in Q4 2024 was OMERS Administration Corp, an estimated $105M sold.
Based on aggregated 13F filings for Q4 2024.