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 |
|---|---|---|---|---|---|
| Toronto Dominion Bank | 67,122 | $2.75M | 0.00% | −100,997−60.1% | Reduced |
| State of New Jersey Common Pension Fund D | 56,625 | $2.32M | 0.01% | +2,529+4.7% | Added |
| Illinois Municipal Retirement Fund | 56,502 | $2.32M | 0.03% | +3,066+5.7% | Added |
| Voya Investment Management LLC | 56,155 | $2.30M | 0.00% | +593+1.1% | Added |
| MetLife Investment Management | 55,858 | $2.29M | 0.01% | −1,270−2.2% | Reduced |
| Susquehanna International Group, LLP | 54,771 | $2.25M | 0.00% | −50,883−48.2% | Reduced |
| Royal Bank of Canada | 54,696 | $2.24M | 0.00% | +14,795+37.1% | Added |
| State of Alaska, Department of Revenue | 53,646 | $2.20M | 0.02% | +590+1.1% | Added |
| Quarry LP | 53,258 | $2.18M | 0.36% | +53,245+409,576.9% | Added |
| Canada Pension Plan Investment Board | 52,700 | $2.16M | 0.00% | −134,400−71.8% | Reduced |
| Segall Bryant & Hamill, LLC | 51,325 | $2.10M | 0.03% | +6,173+13.7% | Added |
| Verition Fund Management LLC | 51,027 | $2.09M | 0.01% | +6,309+14.1% | Added |
| Y-Intercept (Hong Kong) Ltd | 50,303 | $2.06M | 0.05% | +22,372+80.1% | Added |
| Manufacturers Life Insurance Company, The | 49,746 | $2.04M | 0.00% | −1,748−3.4% | Reduced |
| CWM Advisors, LLC | 46,425 | $1.90M | 0.17% | +4,167+9.9% | Added |
| Mirae Asset Global ETFs Holdings Ltd. | 46,256 | $1.90M | 0.00% | −60.0% | Reduced |
| Russell Investments Group, Ltd. | 45,286 | $1.86M | 0.00% | −91,828−67.0% | Reduced |
| Louisiana State Employees Retirement System | 45,000 | $1.84M | 0.03% | −200−0.4% | Reduced |
| Janus Henderson Group PLC | 43,214 | $1.77M | 0.00% | 00.0% | Unchanged |
| Brevan Howard Capital Management LP | 41,482 | $1.70M | 0.03% | +12,816+44.7% | Added |
| Jefferies Financial Group Inc. | 40,144 | $1.65M | 0.01% | −4,384−9.8% | Reduced |
| LMR Partners LLP | 40,000 | $1.64M | 0.02% | −91,473−69.6% | Reduced |
| Horizon Investments, LLC | 39,891 | $1.64M | 0.02% | +25,975+186.7% | Added |
| SG Americas Securities, LLC | 39,597 | $1.62M | 0.00% | +30,670+343.6% | Added |
| Natixis Advisors, L.P. | 38,502 | $1.58M | 0.00% | +363+1.0% | Added |
| Truist Financial Corp | 38,056 | $1.56M | 0.00% | +1,227+3.3% | Added |
| State Board of Administration of Florida Retirement System | 38,016 | $1.56M | 0.00% | 00.0% | Unchanged |
| Advisors Asset Management, Inc. | 37,877 | $1.55M | 0.03% | −20,082−34.6% | Reduced |
| Croban | 37,526 | $1.54M | 0.74% | +438+1.2% | Added |
| Virginia Retirement Systems Et Al | 37,400 | $1.53M | 0.01% | +37,400 | New |
| Bank of Montreal | 36,608 | $1.50M | 0.00% | −215−0.6% | Reduced |
| Janney Montgomery Scott LLC | 34,361 | $1.41M | 0.00% | −120.0% | Reduced |
| Graham Capital Management, L.P. | 34,152 | $1.40M | 0.05% | +10,725+45.8% | Added |
| Alhambra Investment Partners LLC | 34,000 | $1.39M | 0.65% | 00.0% | Unchanged |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 32,722 | $1.34M | 0.00% | +1,871+6.1% | Added |
| New York State Common Retirement Fund | 32,435 | $1.33M | 0.00% | 00.0% | Unchanged |
| SEI Investments Co | 31,715 | $1.30M | 0.00% | +20,250+176.6% | Added |
| Simplex Trading, LLC | 31,116 | $1.28M | 0.04% | +21,547+225.2% | Added |
| Handelsbanken Fonder AB | 30,725 | $1.26M | 0.00% | −3,300−9.7% | Reduced |
| Yousif Capital Management, LLC | 29,040 | $1.26M | 0.01% | −4,357−13.0% | Reduced |
| Amalgamated Bank | 28,596 | $1.17M | 0.01% | +390+1.4% | Added |
| Arizona State Retirement System | 28,578 | $1.17M | 0.01% | −1,559−5.2% | Reduced |
| Citigroup Inc | 28,412 | $1.16M | 0.00% | −11,061−28.0% | Reduced |
| Comerica Bank | 27,457 | $1.13M | 0.00% | −2,168−7.3% | Reduced |
| Martingale Asset Management L P | 26,718 | $1.10M | 0.03% | +400+1.5% | Added |
| Quantinno Capital Management LP | 26,464 | $1.09M | 0.00% | +8,898+50.7% | Added |
| Police & Firemen's Retirement System of New Jersey | 26,377 | $1.08M | 0.01% | −1,253−4.5% | Reduced |
| Central Pacific Bank - Trust Division | 26,200 | $1.07M | 0.13% | 00.0% | Unchanged |
| KLP Kapitalforvaltning AS | 25,200 | $1.03M | 0.00% | +700+2.9% | Added |
| Hennion & Walsh Asset Management, Inc. | 24,790 | $1.02M | 0.04% | +17,172+225.4% | Added |
| State of Tennessee, Treasury Department | 22,513 | $1.02M | 0.00% | −6,361−22.0% | Reduced |
| Caxton Associates LLP | 24,740 | $1.01M | 0.02% | +24,740 | New |
| Teachers Retirement System of the State of Kentucky | 24,734 | $1.01M | 0.01% | −3,433−12.2% | Reduced |
| Commonwealth of Pennsylvania Public School Empls Retrmt Sys | 24,331 | $997.6K | 0.01% | −698−2.8% | Reduced |
| Entropy Technologies, LP | 24,150 | $990.1K | 0.05% | +24,150 | New |
| Landscape Capital Management, L.L.C. | 23,758 | $974.1K | 0.07% | +23,758 | New |
| Franklin Resources Inc | 23,695 | $971.5K | 0.00% | +656+2.8% | Added |
| HSBC Holdings PLC | 23,315 | $956.1K | 0.00% | +15,516+198.9% | Added |
| Vident Advisory, LLC | 23,117 | $947.8K | 0.01% | −1,503−6.1% | Reduced |
| Squarepoint Ops LLC | 22,876 | $937.9K | 0.00% | −381,818−94.3% | Reduced |
| Neo Ivy Capital Management | 22,696 | $930.5K | 0.15% | +22,696 | New |
| XTX Topco Ltd | 22,690 | $930.3K | 0.02% | +13,327+142.3% | Added |
| Oregon Public Employees Retirement Fund | 22,522 | $923.4K | 0.01% | +400+1.8% | Added |
| First Citizens Bank & Trust Co | 21,266 | $871.9K | 0.02% | −89−0.4% | Reduced |
| Acadian Asset Management LLC | 20,952 | $857.0K | 0.00% | +20,952 | New |
| Envestnet Portfolio Solutions, Inc. | 20,618 | $845.3K | 0.00% | +123+0.6% | Added |
| Axecap Investments, LLC | 20,290 | $831.9K | 0.51% | −41,910−67.4% | Reduced |
| Fox Run Management, L.L.C. | 20,205 | $828.4K | 0.13% | +20,205 | New |
| Creative Planning | 20,160 | $826.5K | 0.00% | −2,501−11.0% | Reduced |
| CSS LLC | 19,835 | $813.2K | 0.05% | +335+1.7% | Added |
| Aquatic Capital Management LLC | 19,468 | $798.2K | 0.02% | −20,749−51.6% | Reduced |
| ProShare Advisors LLC | 19,345 | $793.1K | 0.00% | +608+3.2% | Added |
| Amundi | 18,554 | $760.7K | 0.00% | −7,945−30.0% | Reduced |
| Laurion Capital Management LP | 18,154 | $744.3K | 0.05% | +18,154 | New |
| T3 Companies, LLC | 17,436 | $714.9K | 0.92% | +17,436 | New |
| Cambria Investment Management, L.P. | 17,396 | $713.2K | 0.04% | +2,744+18.7% | Added |
| Elo Mutual Pension Insurance Co | 16,859 | $691.2K | 0.01% | −2,475−12.8% | Reduced |
| Quest Partners LLC | 16,803 | $688.9K | 0.04% | +3,231+23.8% | Added |
| Fidelis Capital Partners, LLC | 16,598 | $680.5K | 0.05% | −34−0.2% | Reduced |
| Mitsubishi UFJ Trust & Banking Corp | 15,944 | $653.7K | 0.00% | +6,895+76.2% | Added |
| New Age Alpha Advisors, LLC | 15,454 | $633.6K | 0.03% | +14,234+1,166.7% | Added |
| LPL Financial LLC | 15,208 | $623.5K | 0.00% | −26,161−63.2% | Reduced |
| CI Private Wealth, LLC | 15,033 | $616.4K | 0.00% | −211−1.4% | Reduced |
| Bridgewater Associates, LP | 14,967 | $613.6K | 0.00% | +14,967 | New |
| Callan Family Office, LLC | 14,877 | $610.0K | 0.01% | +489+3.4% | Added |
| Pictet Asset Management Holding SA | 14,696 | $602.5K | 0.00% | +1,311+9.8% | Added |
| Maryland State Retirement & Pension System | 14,362 | $588.8K | 0.01% | +233+1.6% | Added |
| The PNC Financial Services Group, Inc. | 14,316 | $587.0K | 0.00% | −82−0.6% | Reduced |
| Quantbot Technologies LP | 13,232 | $542.5K | 0.02% | −23,443−63.9% | Reduced |
| Tudor Investment Corp Et Al | 12,904 | $529.1K | 0.00% | +12,904 | New |
| Mackenzie Financial Corp | 12,939 | $528.0K | 0.00% | −4,272−24.8% | Reduced |
| STRS Ohio | 12,600 | $516.6K | 0.00% | −17,100−57.6% | Reduced |
| Cerity Partners LLC | 12,556 | $514.8K | 0.00% | −3,325−20.9% | Reduced |
| Magnetar Financial LLC | 12,555 | $514.8K | 0.01% | +12,555 | New |
| Evergreen Capital Management LLC | 12,190 | $499.8K | 0.01% | −115−0.9% | Reduced |
| Profund Advisors LLC | 12,043 | $493.8K | 0.02% | +12,043 | New |
| Public Employees Retirement Association of Colorado | 11,670 | $478.0K | 0.00% | 00.0% | Unchanged |
| Empirical Financial Services, LLC d.b.a. Empirical Wealth Management | 11,570 | $474.4K | 0.01% | +2,251+24.2% | Added |
| Mariner, LLC | 11,332 | $464.8K | 0.00% | −15,871−58.3% | Reduced |
| Gabelli & Co Investment Advisers, Inc. | 11,000 | $451.0K | 0.07% | −43,428−79.8% | Reduced |