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.
13F holders, Q4 2025
Institutional positions in Telephone & Data Systems Inc as of Dec 31, 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
- 343
- +27 vs. Q3 2025
- Shares held
- 102.1M
- −2.61M (−2.5%) vs. Q3 2025
- Total value
- $4.19B
- +$78.0M (+1.9%) vs. Q3 2025
- New holders
- 62
- 119 more added
- Sold out
- 35
- 117 more reduced
5 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q3 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.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 351 | $3.95B |
| Q1 2026 | 356 | $4.26B |
| Q4 2025 | 343 | $4.19B |
| Q3 2025 | 321 | $4.11B |
| Q2 2025 | 312 | $3.60B |
| Q1 2025 | 306 | $3.78B |
| Q4 2024 | 301 | $3.31B |
| Q3 2024 | 276 | $2.19B |
| Q2 2024 | 256 | $1.91B |
| Q1 2024 | 255 | $1.46B |
| Q4 2023 | 263 | $1.66B |
| Q3 2023 | 258 | $1.67B |
| Q2 2023 | 232 | $790.5M |
| Q1 2023 | 235 | $966.6M |
| Q4 2022 | 244 | $1.10B |
| Q3 2022 | 234 | $1.33B |
| Q2 2022 | 233 | $1.50B |
| Q1 2022 | 213 | $1.83B |
| Q4 2021 | 226 | $1.92B |
| Q3 2021 | 218 | $1.82B |
| Q2 2021 | 224 | $2.14B |
| Q1 2021 | 244 | $2.09B |
Institutions, Q4 2025
Shares, value and share of portfolio for each institution holding Telephone & Data Systems Inc; share changes are against Q3 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| BlackRock, Inc. | 14,872,075 | $609.8M | 0.01% | +6,2140.0% | Added |
| Vanguard Group Inc | 11,375,121 | $466.4M | 0.01% | −121,772−1.1% | Reduced |
| Third Point LLCSuperinvestorThird Point | 6,675,000 | $273.7M | 3.76% | −32,274−0.5% | Reduced |
| Dimensional Fund Advisors LP | 6,392,050 | $262.1M | 0.05% | +101,482+1.6% | Added |
| Carronade Capital Management, LP | 4,203,594 | $172.3M | 15.84% | +523,094+14.2% | Added |
| State Street Corp | 4,049,385 | $166.0M | 0.01% | +58,439+1.5% | Added |
| Oaktree Capital Management LPSuperinvestorOaktree Capital | 3,688,386 | $151.2M | 2.45% | 00.0% | Unchanged |
| American Century Companies Inc | 3,564,761 | $146.2M | 0.07% | −46,285−1.3% | Reduced |
| Geode Capital Management, LLC | 2,415,553 | $99.1M | 0.01% | +66,814+2.8% | Added |
| Goldman Sachs Group Inc | 2,260,497 | $92.7M | 0.01% | −605,960−21.1% | Reduced |
| Morgan Stanley | 1,869,536 | $76.7M | 0.00% | −202,118−9.8% | Reduced |
| Rubric Capital Management LP | 1,850,000 | $75.8M | 0.91% | +250,000+15.6% | Added |
| Gamco Investors, Inc. Et Al | 1,603,026 | $65.7M | 0.63% | −47,944−2.9% | Reduced |
| Gabelli Funds LLC | 1,526,500 | $62.6M | 0.42% | −39,170−2.5% | Reduced |
| Davidson Kempner Capital Management LP | 1,411,700 | $57.9M | 0.85% | 00.0% | Unchanged |
| 140 Summer Partners LP | 1,315,306 | $53.9M | 4.21% | +66,148+5.3% | Added |
| Qube Research & Technologies Ltd | 1,282,357 | $52.6M | 0.08% | +161,130+14.4% | Added |
| Invesco Ltd. | 1,249,344 | $51.2M | 0.00% | +62,688+5.3% | Added |
| Foursixthree Capital LP | 1,209,849 | $49.6M | 20.88% | −173,650−12.6% | Reduced |
| Point72 Asset Management, L.P. | 1,137,957 | $46.7M | 0.07% | +351,119+44.6% | Added |
| Charles Schwab Investment Management Inc | 1,130,205 | $46.3M | 0.01% | −15,398−1.3% | Reduced |
| Deutsche Bank AG | 1,111,928 | $45.6M | 0.01% | −146,718−11.7% | Reduced |
| Diameter Capital Partners LP | 1,067,297 | $43.8M | 4.57% | +42,297+4.1% | Added |
| Millennium Management LLC | 1,044,166 | $42.8M | 0.03% | +553,581+112.8% | Added |
| Northern Trust Corp | 998,345 | $40.9M | 0.01% | −60,621−5.7% | Reduced |
| UBS Group AG | 909,686 | $37.3M | 0.01% | −566,687−38.4% | Reduced |
| Redwood Capital Management, LLC | 876,580 | $35.9M | 3.85% | 00.0% | Unchanged |
| Bank of New York Mellon Corp | 858,450 | $35.2M | 0.01% | −23,462−2.7% | Reduced |
| Healthcare of Ontario Pension Plan Trust Fund | 850,400 | $34.9M | 0.06% | −131,600−13.4% | Reduced |
| Hudson Bay Capital Management LP | 750,000 | $30.8M | 0.18% | 00.0% | Unchanged |
| TCW Group Inc | 605,232 | $24.8M | 0.18% | 00.0% | Unchanged |
| VR Advisory Services Ltd | 573,005 | $23.5M | 3.72% | +573,005 | New |
| Norges Bank | 541,663 | $22.2M | 0.00% | +541,663 | New |
| Loomis Sayles & Co L P | 531,439 | $21.8M | 0.03% | +23,320+4.6% | Added |
| Knighthead Capital Management, LLC | 516,000 | $21.2M | 1.86% | +344,061+200.1% | Added |
| Kerrisdale Advisers, LLC | 506,067 | $20.7M | 9.77% | +506,067 | New |
| Private Management Group Inc | 483,079 | $19.8M | 0.58% | −16,692−3.3% | Reduced |
| Citadel Advisors LLC | 478,911 | $19.6M | 0.01% | +441,643+1,185.0% | Added |
| Principal Financial Group Inc | 468,462 | $19.2M | 0.01% | −6,190−1.3% | Reduced |
| Aristeia Capital LLC | 450,000 | $18.4M | 0.52% | 00.0% | Unchanged |
| JPMorgan Chase & Co | 383,491 | $15.7M | 0.00% | −250,185−39.5% | Reduced |
| Barclays PLC | 346,611 | $14.2M | 0.01% | −89,619−20.5% | Reduced |
| Public Sector Pension Investment Board | 340,141 | $13.9M | 0.05% | −43,222−11.3% | Reduced |
| Bank of America Corp | 336,751 | $13.8M | 0.00% | −189,354−36.0% | Reduced |
| Allianz Asset Management GmbH | 335,061 | $13.7M | 0.02% | −121,390−26.6% | Reduced |
| Assenagon Asset Management S.A. | 301,529 | $12.4M | 0.02% | +203,856+208.7% | Added |
| Empyrean Capital Partners, LP | 300,000 | $12.3M | 0.43% | 00.0% | Unchanged |
| Rhumbline Advisers | 281,878 | $11.6M | 0.01% | −17,330−5.8% | Reduced |
| Legal & General Group Plc | 268,078 | $11.0M | 0.00% | −11,121−4.0% | Reduced |
| Boothbay Fund Management, LLC | 263,216 | $10.8M | 0.28% | +263,216 | New |
| FMR LLC | 261,857 | $10.7M | 0.00% | −287,606−52.3% | Reduced |
| UBS Asset Management Americas Inc | 255,612 | $10.5M | 0.00% | +2,425+1.0% | Added |
| Nuveen, LLC | 254,939 | $10.5M | 0.00% | −4,829−1.9% | Reduced |
| Mutual of America Capital Management LLC | 237,108 | $9.72M | 0.10% | −11,230−4.5% | Reduced |
| Kettle Hill Capital Management, LLC | 236,635 | $9.70M | 2.16% | +236,635 | New |
| Hennessy Advisors Inc | 233,300 | $9.57M | 0.34% | −15,100−6.1% | Reduced |
| Congress Asset Management Co | 228,115 | $9.35M | 0.07% | +8,224+3.7% | Added |
| Pinnacle Associates Ltd | 214,042 | $8.78M | 0.11% | −6,577−3.0% | Reduced |
| Colony Capital, Inc. | 205,700 | $8.43M | 0.65% | −20,300−9.0% | Reduced |
| BNP Paribas Arbitrage, SA | 202,851 | $8.32M | 0.01% | −12,550−5.8% | Reduced |
| Swiss National Bank | 202,300 | $8.29M | 0.00% | +4,900+2.5% | Added |
| Ameriprise Financial Inc | 197,333 | $8.09M | 0.00% | −997,290−83.5% | Reduced |
| Raymond James Financial Inc | 171,152 | $7.02M | 0.00% | +330.0% | Added |
| Winton Group Ltd | 165,657 | $6.79M | 0.23% | +157,476+1,924.9% | Added |
| Bridgeway Capital Management, LLC | 157,393 | $6.45M | 0.14% | −429,821−73.2% | Reduced |
| Prudential Financial Inc | 155,766 | $6.39M | 0.01% | +3,264+2.1% | Added |
| Vestcor Inc | 150,000 | $6.15M | 0.18% | −30,000−16.7% | Reduced |
| Jain Global LLC | 139,634 | $5.72M | 0.06% | +45,115+47.7% | Added |
| CastleKnight Management LP | 137,400 | $5.63M | 0.32% | 00.0% | Unchanged |
| Victory Capital Management Inc | 136,386 | $5.59M | 0.00% | +25,393+22.9% | Added |
| Man Group plc | 127,920 | $5.24M | 0.01% | +127,920 | New |
| First Trust Advisors LP | 127,018 | $5.21M | 0.00% | +34,289+37.0% | Added |
| Krilogy Financial LLC | 112,208 | $4.94M | 0.17% | +9,569+9.3% | Added |
| Alliancebernstein L.P. | 120,440 | $4.94M | 0.00% | +5,165+4.5% | Added |
| Sentinel Dome Partners, LLC | 120,000 | $4.92M | 3.35% | +120,000 | New |
| D. E. Shaw & Co., Inc. | 119,381 | $4.89M | 0.00% | −21,089−15.0% | Reduced |
| Wells Fargo & Company | 119,054 | $4.88M | 0.00% | +35,963+43.3% | Added |
| Jane Street Group, LLC | 118,453 | $4.86M | 0.01% | +8,387+7.6% | Added |
| New York State Teachers Retirement System | 116,052 | $4.76M | 0.01% | −945−0.8% | Reduced |
| Susquehanna Portfolio Strategies, LLC | 109,177 | $4.48M | 0.07% | +21,650+24.7% | Added |
| Royce & Associates LP | 104,487 | $4.28M | 0.04% | +104,487 | New |
| State of Wisconsin Investment Board | 102,673 | $4.21M | 0.01% | +52,527+104.7% | Added |
| Diametric Capital, LP | 102,257 | $4.19M | 1.12% | +56,805+125.0% | Added |
| Jacobs Levy Equity Management, Inc | 102,080 | $4.19M | 0.02% | +102,080 | New |
| Price T Rowe Associates Inc | 101,671 | $4.17M | 0.00% | +1,792+1.8% | Added |
| ExodusPoint Capital Management, LP | 98,373 | $4.03M | 0.04% | +98,373 | New |
| California State Teachers Retirement System | 97,210 | $3.99M | 0.00% | +1,465+1.5% | Added |
| Intech Investment Management LLC | 95,393 | $3.91M | 0.03% | −29,017−23.3% | Reduced |
| Two Sigma Advisers, LP | 91,300 | $3.74M | 0.01% | +3,900+4.5% | Added |
| Prelude Capital Management, LLC | 89,643 | $3.68M | 0.27% | +14,960+20.0% | Added |
| Great West Life Assurance Co | 89,149 | $3.66M | 0.01% | +2,591+3.0% | Added |
| Bessemer Group Inc | 88,320 | $3.62M | 0.01% | +87,621+12,535.2% | Added |
| AQR Capital Management LLC | 82,618 | $3.39M | 0.00% | +546+0.7% | Added |
| Saba Capital Management, L.P. | 80,000 | $3.28M | 0.11% | 00.0% | Unchanged |
| Beartown Capital Management, LLC | 75,000 | $3.08M | 2.40% | +75,000 | New |
| GWM Advisors LLC | 74,338 | $3.05M | 0.01% | +1,134+1.5% | Added |
| Governors Lane LP | 72,777 | $2.98M | 0.28% | −3,132−4.1% | Reduced |
| Sunstone Asset Management, L.P. | 70,604 | $2.89M | 2.84% | +70,604 | New |
| Balyasny Asset Management LLC | 69,099 | $2.83M | 0.01% | −233,459−77.2% | Reduced |
| Thrivent Financial for Lutherans | 67,531 | $2.77M | 0.00% | −3,371−4.8% | Reduced |