Telephone & Data Systems Inc
TDS- Exchange
- NYSE
- Industry
- Telephone Communications (No Radiotelephone)
- SEC CIK
- 0001051512
In the last 90 days, Telephone & Data Systems Inc insiders filed 0 open-market purchases and 1 sale; 352 institutions reported holding it in 13F filings for Q2 2026, worth $3.95B in total; superinvestors Third Point and Oaktree Capital hold it.
Key figures
- Market capNo recent share count in SEC filings
- –
- Insider buysOpen market, last 90 days
- 0
- Insider sellsLast 90 days, $2.96M in total
- 1
- 13F holdersQ2 2026, −1 vs. previous quarter
- 352
- 13F valueReported value at the end of Q2 2026
- $3.95B
- Superinvestors holdingAt the end of Q2 2026
- 2
Price chart
Financials
See financial statementsFrom SEC filings, in USD.
- Revenue, FY2025
- $1.23B
- −75.3% year over year
- Net income, FY2025
- -$6.24M
- No comparable prior period
- Free cash flow, FY2025
- $199.4M
- −23.6% year over year
- Revenue, Q3 FY2026
- $306.7M
- −0.6% year over year
Revenue flow, FY2025
Green is profit; orange is costs, expenses and taxes. Percentages are shares of revenue.
Net loss for FY2025: $6.24M (0.5% of revenue).
Short interest
See short dataFrom FINRA, settlement date Oct 30, 2026.
- Short interest
- 6.88M
- Shares sold short
- Change
- +561.4K
- +8.9% vs. previous
- Days to cover
- 3.80
- At average daily volume
Superinvestors holding TDS, Q2 2026
Go to the superinvestors tab2 superinvestors report holding Telephone & Data Systems Inc on Form 13F. Percentages are the stock's share of each portfolio.
Third Point
Daniel Loeb
5.0%
Telephone & Data Systems Inc's share of the portfolio
- Shares
- 6,275,000
- Value
- $232.2M
Oaktree Capital
Howard Marks
3.7%
Telephone & Data Systems Inc's share of the portfolio
- Shares
- 5,282,905
- Value
- $195.5M
Latest insider trades
See all insider tradesOpen-market purchases and sales by Telephone & Data Systems Inc insiders from Form 4, newest first.
| Filed (ET) | Trade date | Filing delay | Insider | Transaction | Shares | Avg price | Value | Holding change | Flags |
|---|---|---|---|---|---|---|---|---|---|
| Sep 15, 2026 (view filing)5:09 PM ET | Sep 11 | 4 days | Carlson Leroy T JrVice Chair | SSale | −77.1K | $38.45 | −$2.96M | −13.8%480.4K after | |
| Mar 24, 2026 (view filing) | Mar 23 | 1 day | Carlson Prudence EDirector | SSale | −5.81K | $42.00 | −$244.1K | −1.9%305.6K after | |
| Nov 12, 2025 (view filing) | Nov 10-11 | 2 days | Kroll Anita JVP, Controller & CAO | SSale | −17.1K | $39.03 | −$666.9K | −100.0%0 after | 2 lots |
| Aug 22, 2025 (view filing) | Aug 20 | 2 days | Kroll Anita JVP, Controller & CAO | SSale | −8.61K | $39.09 | −$336.5K | −33.5%17.1K after | |
| Aug 18, 2025 (view filing) | Aug 18 | Same day | Villacrez Vicki LExecutive Vice President & CFO | SSale | −26.3K | $39.02 | −$1.03M | −98.3%454 after | |
| Aug 18, 2025 (view filing) | Aug 18 | Same day | Carlson Prudence EDirector | SSale | −4.45K | $38.50 | −$171.4K | −1.4%311.0K after | |
| Aug 18, 2025 (view filing) | Aug 18 | Same day | Hanley Joseph RSVP-Strategy & Corp Dev | SSale | −68.8K | $38.16 | −$2.62M | −53.2%60.5K after | |
| Aug 15, 2025 (view filing) | Aug 13-15 | 2 days | Villacrez Vicki LExecutive Vice President & CFO | SSale | −132.3K | $38.74 | −$5.13M | −83.2%26.8K after | 2 lots |
| Aug 14, 2025 (view filing) | Aug 12-13 | 2 days | Kroll Anita JVP, Controller & CAO | SSale | −29.8K | $39.02 | −$1.16M | −60.5%19.5K after | 2 lots |
| Aug 14, 2025 (view filing) | Aug 12 | 2 days | Chambers Douglas WPresident of a Subsidiary | SSale | −42.0K | $38.63 | −$1.62M | −100.0%0 after |
Top 10 13F holders, Q2 2026
See all 352 holdersThe largest institutional positions in Telephone & Data Systems Inc at the end of Q2 2026; share changes are against Q1 2026.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| BlackRock, Inc. | 15,768,166 | $583.6M | 0.01% | +845,852+5.7% | Added |
| Dimensional Fund Advisors LP | 6,342,746 | $234.8M | 0.04% | −139,401−2.2% | Reduced |
| Third Point LLCSuperinvestorThird Point | 6,275,000 | $232.2M | 4.99% | −325,000−4.9% | Reduced |
| Vanguard Portfolio Management LLC | 5,790,808 | $214.3M | 0.01% | −465,487−7.4% | Reduced |
| Carronade Capital Management, LP | 5,319,175 | $196.9M | 3.41% | +695,241+15.0% | Added |
| Oaktree Capital Management LPSuperinvestorOaktree Capital | 5,282,905 | $195.5M | 3.68% | +990,662+23.1% | Added |
| American Century Companies Inc | 4,720,830 | $174.7M | 0.08% | +1,032,216+28.0% | Added |
| State Street Corp | 4,430,551 | $164.0M | 0.00% | +239,111+5.7% | Added |
| Vanguard Capital Management LLC | 4,154,077 | $153.7M | 0.00% | −150,665−3.5% | Reduced |
| Geode Capital Management, LLC | 2,847,613 | $105.4M | 0.01% | +443,102+18.4% | Added |
Holders of 5% or more of TDS
See all 4 holders and filingsHolders whose latest Schedule 13D or 13G filing reports 5% or more of Telephone & Data Systems Inc.
| Holder | Latest form | Stake | Change | First filed | Latest filing | Filing |
|---|---|---|---|---|---|---|
| BlackRock, Inc. | 13G/A | 13.80%14.8M shares | – | Oct 18, 20243 filings | Apr 28, 2025 | SEC |
| Trustees of Amendment & Restatement (dated as of April 22, 2005) of Voting Trust under Agreement dated as of June 30, 1989 | 13D/A | 11.70%13.5M shares | −0.20 ppfrom 11.90% | Aug 4, 20236 filings | Sep 2, 2026 | SEC |
| Vanguard Portfolio Management LLC | 13G | 5.92%6.30M shares | New | Apr 29, 20261 filing | Apr 29, 2026 | SEC |
| Third Point LLCSuperinvestorThird Point | 13G | 5.70%6.00M shares | New | Dec 26, 20241 filing | Dec 26, 2024 | SEC |