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 |
|---|---|---|---|---|---|
| Citigroup Inc | 28,412 | $1.16M | 0.00% | −11,061−28.0% | Reduced |
| Arizona State Retirement System | 28,578 | $1.17M | 0.01% | −1,559−5.2% | Reduced |
| Amalgamated Bank | 28,596 | $1.17M | 0.01% | +390+1.4% | Added |
| Yousif Capital Management, LLC | 29,040 | $1.26M | 0.01% | −4,357−13.0% | Reduced |
| Handelsbanken Fonder AB | 30,725 | $1.26M | 0.00% | −3,300−9.7% | Reduced |
| Simplex Trading, LLC | 31,116 | $1.28M | 0.04% | +21,547+225.2% | Added |
| SEI Investments Co | 31,715 | $1.30M | 0.00% | +20,250+176.6% | Added |
| New York State Common Retirement Fund | 32,435 | $1.33M | 0.00% | 00.0% | Unchanged |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 32,722 | $1.34M | 0.00% | +1,871+6.1% | Added |
| Alhambra Investment Partners LLC | 34,000 | $1.39M | 0.65% | 00.0% | Unchanged |
| Graham Capital Management, L.P. | 34,152 | $1.40M | 0.05% | +10,725+45.8% | Added |
| Janney Montgomery Scott LLC | 34,361 | $1.41M | 0.00% | −120.0% | Reduced |
| Bank of Montreal | 36,608 | $1.50M | 0.00% | −215−0.6% | Reduced |
| Virginia Retirement Systems Et Al | 37,400 | $1.53M | 0.01% | +37,400 | New |
| Croban | 37,526 | $1.54M | 0.74% | +438+1.2% | Added |
| Advisors Asset Management, Inc. | 37,877 | $1.55M | 0.03% | −20,082−34.6% | Reduced |
| State Board of Administration of Florida Retirement System | 38,016 | $1.56M | 0.00% | 00.0% | Unchanged |
| Truist Financial Corp | 38,056 | $1.56M | 0.00% | +1,227+3.3% | Added |
| Natixis Advisors, L.P. | 38,502 | $1.58M | 0.00% | +363+1.0% | Added |
| SG Americas Securities, LLC | 39,597 | $1.62M | 0.00% | +30,670+343.6% | Added |
| Horizon Investments, LLC | 39,891 | $1.64M | 0.02% | +25,975+186.7% | Added |
| LMR Partners LLP | 40,000 | $1.64M | 0.02% | −91,473−69.6% | Reduced |
| Jefferies Financial Group Inc. | 40,144 | $1.65M | 0.01% | −4,384−9.8% | Reduced |
| Brevan Howard Capital Management LP | 41,482 | $1.70M | 0.03% | +12,816+44.7% | Added |
| Janus Henderson Group PLC | 43,214 | $1.77M | 0.00% | 00.0% | Unchanged |
| Louisiana State Employees Retirement System | 45,000 | $1.84M | 0.03% | −200−0.4% | Reduced |
| Russell Investments Group, Ltd. | 45,286 | $1.86M | 0.00% | −91,828−67.0% | Reduced |
| Mirae Asset Global ETFs Holdings Ltd. | 46,256 | $1.90M | 0.00% | −60.0% | Reduced |
| CWM Advisors, LLC | 46,425 | $1.90M | 0.17% | +4,167+9.9% | Added |
| Manufacturers Life Insurance Company, The | 49,746 | $2.04M | 0.00% | −1,748−3.4% | Reduced |
| Y-Intercept (Hong Kong) Ltd | 50,303 | $2.06M | 0.05% | +22,372+80.1% | Added |
| Verition Fund Management LLC | 51,027 | $2.09M | 0.01% | +6,309+14.1% | Added |
| Segall Bryant & Hamill, LLC | 51,325 | $2.10M | 0.03% | +6,173+13.7% | Added |
| Canada Pension Plan Investment Board | 52,700 | $2.16M | 0.00% | −134,400−71.8% | Reduced |
| Quarry LP | 53,258 | $2.18M | 0.36% | +53,245+409,576.9% | Added |
| State of Alaska, Department of Revenue | 53,646 | $2.20M | 0.02% | +590+1.1% | Added |
| Royal Bank of Canada | 54,696 | $2.24M | 0.00% | +14,795+37.1% | Added |
| Susquehanna International Group, LLP | 54,771 | $2.25M | 0.00% | −50,883−48.2% | Reduced |
| MetLife Investment Management | 55,858 | $2.29M | 0.01% | −1,270−2.2% | Reduced |
| Voya Investment Management LLC | 56,155 | $2.30M | 0.00% | +593+1.1% | Added |
| Illinois Municipal Retirement Fund | 56,502 | $2.32M | 0.03% | +3,066+5.7% | Added |
| State of New Jersey Common Pension Fund D | 56,625 | $2.32M | 0.01% | +2,529+4.7% | Added |
| Toronto Dominion Bank | 67,122 | $2.75M | 0.00% | −100,997−60.1% | Reduced |
| Thrivent Financial for Lutherans | 67,531 | $2.77M | 0.00% | −3,371−4.8% | Reduced |
| Balyasny Asset Management LLC | 69,099 | $2.83M | 0.01% | −233,459−77.2% | Reduced |
| Sunstone Asset Management, L.P. | 70,604 | $2.89M | 2.84% | +70,604 | New |
| Governors Lane LP | 72,777 | $2.98M | 0.28% | −3,132−4.1% | Reduced |
| GWM Advisors LLC | 74,338 | $3.05M | 0.01% | +1,134+1.5% | Added |
| Beartown Capital Management, LLC | 75,000 | $3.08M | 2.40% | +75,000 | New |
| Saba Capital Management, L.P. | 80,000 | $3.28M | 0.11% | 00.0% | Unchanged |
| AQR Capital Management LLC | 82,618 | $3.39M | 0.00% | +546+0.7% | Added |
| Bessemer Group Inc | 88,320 | $3.62M | 0.01% | +87,621+12,535.2% | Added |
| Great West Life Assurance Co | 89,149 | $3.66M | 0.01% | +2,591+3.0% | Added |
| Prelude Capital Management, LLC | 89,643 | $3.68M | 0.27% | +14,960+20.0% | Added |
| Two Sigma Advisers, LP | 91,300 | $3.74M | 0.01% | +3,900+4.5% | Added |
| Intech Investment Management LLC | 95,393 | $3.91M | 0.03% | −29,017−23.3% | Reduced |
| California State Teachers Retirement System | 97,210 | $3.99M | 0.00% | +1,465+1.5% | Added |
| ExodusPoint Capital Management, LP | 98,373 | $4.03M | 0.04% | +98,373 | New |
| Price T Rowe Associates Inc | 101,671 | $4.17M | 0.00% | +1,792+1.8% | Added |
| Jacobs Levy Equity Management, Inc | 102,080 | $4.19M | 0.02% | +102,080 | New |
| Diametric Capital, LP | 102,257 | $4.19M | 1.12% | +56,805+125.0% | Added |
| State of Wisconsin Investment Board | 102,673 | $4.21M | 0.01% | +52,527+104.7% | Added |
| Royce & Associates LP | 104,487 | $4.28M | 0.04% | +104,487 | New |
| Susquehanna Portfolio Strategies, LLC | 109,177 | $4.48M | 0.07% | +21,650+24.7% | Added |
| New York State Teachers Retirement System | 116,052 | $4.76M | 0.01% | −945−0.8% | Reduced |
| Jane Street Group, LLC | 118,453 | $4.86M | 0.01% | +8,387+7.6% | Added |
| Wells Fargo & Company | 119,054 | $4.88M | 0.00% | +35,963+43.3% | Added |
| D. E. Shaw & Co., Inc. | 119,381 | $4.89M | 0.00% | −21,089−15.0% | Reduced |
| Sentinel Dome Partners, LLC | 120,000 | $4.92M | 3.35% | +120,000 | New |
| Alliancebernstein L.P. | 120,440 | $4.94M | 0.00% | +5,165+4.5% | Added |
| Krilogy Financial LLC | 112,208 | $4.94M | 0.17% | +9,569+9.3% | Added |
| First Trust Advisors LP | 127,018 | $5.21M | 0.00% | +34,289+37.0% | Added |
| Man Group plc | 127,920 | $5.24M | 0.01% | +127,920 | New |
| Victory Capital Management Inc | 136,386 | $5.59M | 0.00% | +25,393+22.9% | Added |
| CastleKnight Management LP | 137,400 | $5.63M | 0.32% | 00.0% | Unchanged |
| Jain Global LLC | 139,634 | $5.72M | 0.06% | +45,115+47.7% | Added |
| Vestcor Inc | 150,000 | $6.15M | 0.18% | −30,000−16.7% | Reduced |
| Prudential Financial Inc | 155,766 | $6.39M | 0.01% | +3,264+2.1% | Added |
| Bridgeway Capital Management, LLC | 157,393 | $6.45M | 0.14% | −429,821−73.2% | Reduced |
| Winton Group Ltd | 165,657 | $6.79M | 0.23% | +157,476+1,924.9% | Added |
| Raymond James Financial Inc | 171,152 | $7.02M | 0.00% | +330.0% | Added |
| Ameriprise Financial Inc | 197,333 | $8.09M | 0.00% | −997,290−83.5% | Reduced |
| Swiss National Bank | 202,300 | $8.29M | 0.00% | +4,900+2.5% | Added |
| BNP Paribas Arbitrage, SA | 202,851 | $8.32M | 0.01% | −12,550−5.8% | Reduced |
| Colony Capital, Inc. | 205,700 | $8.43M | 0.65% | −20,300−9.0% | Reduced |
| Pinnacle Associates Ltd | 214,042 | $8.78M | 0.11% | −6,577−3.0% | Reduced |
| Congress Asset Management Co | 228,115 | $9.35M | 0.07% | +8,224+3.7% | Added |
| Hennessy Advisors Inc | 233,300 | $9.57M | 0.34% | −15,100−6.1% | Reduced |
| Kettle Hill Capital Management, LLC | 236,635 | $9.70M | 2.16% | +236,635 | New |
| Mutual of America Capital Management LLC | 237,108 | $9.72M | 0.10% | −11,230−4.5% | Reduced |
| Nuveen, LLC | 254,939 | $10.5M | 0.00% | −4,829−1.9% | Reduced |
| UBS Asset Management Americas Inc | 255,612 | $10.5M | 0.00% | +2,425+1.0% | Added |
| FMR LLC | 261,857 | $10.7M | 0.00% | −287,606−52.3% | Reduced |
| Boothbay Fund Management, LLC | 263,216 | $10.8M | 0.28% | +263,216 | New |
| Legal & General Group Plc | 268,078 | $11.0M | 0.00% | −11,121−4.0% | Reduced |
| Rhumbline Advisers | 281,878 | $11.6M | 0.01% | −17,330−5.8% | Reduced |
| Empyrean Capital Partners, LP | 300,000 | $12.3M | 0.43% | 00.0% | Unchanged |
| Assenagon Asset Management S.A. | 301,529 | $12.4M | 0.02% | +203,856+208.7% | Added |
| Allianz Asset Management GmbH | 335,061 | $13.7M | 0.02% | −121,390−26.6% | Reduced |
| Bank of America Corp | 336,751 | $13.8M | 0.00% | −189,354−36.0% | Reduced |