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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; 351 institutions reported holding it in 13F filings for Q2 2026, worth $3.95B in total; superinvestors Third Point and Oaktree Capital hold it.

Other share classesTDS.PUTDS.PV

13F holders, Q3 2025

Institutional positions in Telephone & Data Systems Inc as of Sep 30, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
321
+13 vs. Q2 2025
Shares held
104.8M
+3.91M (+3.9%) vs. Q2 2025
Total value
$4.11B
+$522.4M (+14.6%) vs. Q2 2025
New holders
42
106 more added
Sold out
29
126 more reduced

4 institutions that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q2 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting TDS on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ3 2025: 321 institutions
Q1 2021: 244 institutionsQ2 2021: 224 institutionsQ3 2021: 218 institutionsQ4 2021: 226 institutionsQ1 2022: 213 institutionsQ2 2022: 233 institutionsQ3 2022: 234 institutionsQ4 2022: 244 institutionsQ1 2023: 235 institutionsQ2 2023: 232 institutionsQ3 2023: 258 institutionsQ4 2023: 263 institutionsQ1 2024: 255 institutionsQ2 2024: 256 institutionsQ3 2024: 276 institutionsQ4 2024: 301 institutionsQ1 2025: 306 institutionsQ2 2025: 312 institutionsQ3 2025: 321 institutionsQ4 2025: 343 institutionsQ1 2026: 356 institutionsQ2 2026: 351 institutions
Value heldQ3 2025: $4.11B
Q1 2021: $2.09BQ2 2021: $2.14BQ3 2021: $1.82BQ4 2021: $1.92BQ1 2022: $1.83BQ2 2022: $1.50BQ3 2022: $1.33BQ4 2022: $1.10BQ1 2023: $966.6MQ2 2023: $790.5MQ3 2023: $1.67BQ4 2023: $1.66BQ1 2024: $1.46BQ2 2024: $1.91BQ3 2024: $2.19BQ4 2024: $3.31BQ1 2025: $3.78BQ2 2025: $3.60BQ3 2025: $4.11BQ4 2025: $4.19BQ1 2026: $4.26BQ2 2026: $3.95B
Institutions holding TDS and their total value by quarter
QuarterHoldersValue
Q2 2026351$3.95B
Q1 2026356$4.26B
Q4 2025343$4.19B
Q3 2025321$4.11B
Q2 2025312$3.60B
Q1 2025306$3.78B
Q4 2024301$3.31B
Q3 2024276$2.19B
Q2 2024256$1.91B
Q1 2024255$1.46B
Q4 2023263$1.66B
Q3 2023258$1.67B
Q2 2023232$790.5M
Q1 2023235$966.6M
Q4 2022244$1.10B
Q3 2022234$1.33B
Q2 2022233$1.50B
Q1 2022213$1.83B
Q4 2021226$1.92B
Q3 2021218$1.82B
Q2 2021224$2.14B
Q1 2021244$2.09B

Institutions, Q3 2025

Shares, value and share of portfolio for each institution holding Telephone & Data Systems Inc; share changes are against Q2 2025.

Institutions holding TDS in Q3 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Invesco Ltd.1,186,656$46.6M0.01%+246,565+26.2%Added
Ameriprise Financial Inc1,194,623$46.9M0.01%−141,136−10.6%Reduced
140 Summer Partners LP1,249,158$49.0M4.34%−396,181−24.1%Reduced
Deutsche Bank AG1,258,646$49.4M0.02%+766,327+155.7%Added
Foursixthree Capital LP1,383,499$54.3M19.06%−240,300−14.8%Reduced
Davidson Kempner Capital Management LP1,411,700$55.4M0.77%+1,411,700New
UBS Group AG1,476,373$57.9M0.01%+578,997+64.5%Added
Gabelli Funds LLC1,565,670$61.4M0.42%−297,105−15.9%Reduced
Rubric Capital Management LP1,600,000$62.8M0.84%+1,600,000New
Gamco Investors, Inc. Et Al1,650,970$64.8M0.63%−221,134−11.8%Reduced
Morgan Stanley2,071,654$81.3M0.00%+137,366+7.1%Added
Geode Capital Management, LLC2,348,739$92.2M0.01%+25,188+1.1%Added
Goldman Sachs Group Inc2,866,457$112.5M0.02%−182,047−6.0%Reduced
American Century Companies Inc3,611,046$141.7M0.07%+3,189+0.1%Added
Carronade Capital Management, LP3,680,500$144.4M14.28%+288,000+8.5%Added
Oaktree Capital Management LPSuperinvestorOaktree Capital3,688,386$144.7M2.41%+3,688,386New
State Street Corp3,990,946$156.6M0.01%+17,556+0.4%Added
Dimensional Fund Advisors LP6,290,568$246.8M0.05%−6,833−0.1%Reduced
Third Point LLCSuperinvestorThird Point6,707,274$263.2M3.14%−17,726−0.3%Reduced
Vanguard Group Inc11,496,893$451.1M0.01%+20,882+0.2%Added
BlackRock, Inc.14,865,861$583.3M0.01%−543,536−3.5%Reduced
Engineers Gate Manager LP0$00.00%−633,249−100.0%Sold out
Capitolis Liquid Global Markets LLC0$00.00%−195,000−100.0%Sold out
Renaissance Technologies LLC0$00.00%−187,463−100.0%Sold out
Boothbay Fund Management, LLC0$00.00%−150,654−100.0%Sold out
Hawk Ridge Capital Management LP0$00.00%−94,647−100.0%Sold out
Connor, Clark & Lunn Investment Management Ltd.0$00.00%−52,964−100.0%Sold out
IMC-Chicago, LLC0$00.00%−28,660−100.0%Sold out
CWA Asset Management Group, LLC0$00.00%−26,399−100.0%Sold out
Summit Global Investments0$00.00%−24,277−100.0%Sold out
Virginia Retirement Systems Et Al0$00.00%−21,000−100.0%Sold out
Sierra Summit Advisors LLC0$00.00%−17,232−100.0%Sold out
Clear Street Markets LLC0$00.00%−15,026−100.0%Sold out
Landscape Capital Management, L.L.C.0$00.00%−14,884−100.0%Sold out
Dynamic Technology Lab Private Ltd0$00.00%−13,948−100.0%Sold out
Two Sigma Securities, LLC0$00.00%−10,916−100.0%Sold out
Integrity Alliance, LLC.0$00.00%−8,663−100.0%Sold out
Jump Financial, LLC0$00.00%−8,659−100.0%Sold out
Catalyst Funds Management Pty Ltd0$00.00%−7,100−100.0%Sold out
Group One Trading, L.P.0$00.00%−6,537−100.0%Sold out
Voleon Capital Management LP0$00.00%−5,961−100.0%Sold out
Meeder Asset Management Inc0$00.00%−3,770−100.0%Sold out
SRS Capital Advisors, Inc.0$00.00%−375−100.0%Sold out
Twin Peaks Wealth Advisors, LLC0$00.00%−320−100.0%Sold out
Johnson Financial Group, Inc.0$00.00%−268−100.0%Sold out
Skopos Labs, Inc.0$00.00%−240−100.0%Sold out
Ameritas Advisory Services, LLC0$00.00%−134−100.0%Sold out
IFP Advisors, Inc0$00.00%0Sold out
Geneos Wealth Management Inc.0$00.00%−48−100.0%Sold out
WealthTrak Capital Management LLC0$00.00%−15−100.0%Sold out
Norges Bank––––Not filed
CIBC World Markets Corp––––Not filed
Iron Horse Wealth Management, LLC––––Not filed
Parkworth Wealth Management, Inc.––––Not filed