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 |
|---|---|---|---|---|---|
| Axq Capital, LP | 10,934 | $448.3K | 0.10% | +4,258+63.8% | Added |
| JustInvest LLC | 10,774 | $441.7K | 0.00% | +180+1.7% | Added |
| US Bancorp | 10,443 | $428.2K | 0.00% | −11−0.1% | Reduced |
| Neuberger Berman Group LLC | 10,422 | $427.3K | 0.00% | +2,406+30.0% | Added |
| Resources Investment Advisors, LLC. | 10,035 | $411.4K | 0.00% | +135+1.4% | Added |
| Highbridge Capital Management LLC | 10,000 | $410.0K | 0.02% | 00.0% | Unchanged |
| CIBC Asset Management Inc | 9,804 | $402.0K | 0.00% | +232+2.4% | Added |
| Pathstone Holdings, LLC | 9,768 | $400.5K | 0.00% | +2,351+31.7% | Added |
| Ensign Peak Advisors, Inc | 9,750 | $399.8K | 0.00% | −16,850−63.3% | Reduced |
| Oxford Asset Management LLP | 9,625 | $394.6K | 0.14% | −7,124−42.5% | Reduced |
| Pensionmark Financial Group, LLC | 9,623 | $394.5K | 0.01% | −577−5.7% | Reduced |
| O'Shaughnessy Asset Management, LLC | 9,525 | $390.5K | 0.00% | −909−8.7% | Reduced |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 9,494 | $389.3K | 0.00% | −2,865−23.2% | Reduced |
| Toroso Investments, LLC | 9,182 | $376.5K | 0.00% | −2,220−19.5% | Reduced |
| Occudo Quantitative Strategies LP | 9,046 | $370.9K | 0.02% | +9,046 | New |
| Carlson Capital L P | 9,000 | $369.0K | 0.18% | +9,000 | New |
| Sequoia Financial Advisors, LLC | 8,879 | $364.0K | 0.00% | +1,120+14.4% | Added |
| Teacher Retirement System of Texas | 8,847 | $362.7K | 0.00% | −10,877−55.1% | Reduced |
| Savant Capital, LLC | 8,811 | $361.2K | 0.00% | +2,398+37.4% | Added |
| Cetera Investment Advisers | 8,564 | $351.1K | 0.00% | +8,564 | New |
| Ameritas Investment Partners, Inc. | 8,083 | $331.4K | 0.01% | −237−2.8% | Reduced |
| Xponance, Inc. | 7,891 | $323.5K | 0.00% | +50+0.6% | Added |
| RSM US Wealth Management LLC | 7,756 | $317.1K | 0.00% | −594−7.1% | Reduced |
| Waldron Private Wealth LLC | 7,400 | $303.4K | 0.01% | 00.0% | Unchanged |
| Ballentine Partners, LLC | 7,362 | $301.8K | 0.00% | −351−4.6% | Reduced |
| Wealth Enhancement Advisory Services, LLC | 7,197 | $292.0K | 0.00% | +92+1.3% | Added |
| Crossmark Global Holdings, Inc. | 7,095 | $290.9K | 0.00% | 00.0% | Unchanged |
| Pallas Capital Advisors LLC | 7,040 | $288.6K | 0.01% | +43+0.6% | Added |
| CIBC World Markets Corp | 6,588 | $270.1K | 0.00% | +6,588 | New |
| Covestor Ltd | 6,428 | $264.0K | 0.14% | −10.0% | Reduced |
| GAMMA Investing LLC | 6,382 | $261.7K | 0.01% | +222+3.6% | Added |
| Bartlett & Co. Wealth Management LLC | 6,354 | $260.5K | 0.00% | 00.0% | Unchanged |
| Lighthouse Investment Partners, LLC | 6,300 | $258.3K | 0.01% | +6,300 | New |
| Journey Strategic Wealth LLC | 6,034 | $247.4K | 0.01% | +6,034 | New |
| Captrust Financial Advisors | 6,026 | $247.1K | 0.00% | +220+3.8% | Added |
| HB Wealth Management, LLC | 5,883 | $241.2K | 0.00% | +194+3.4% | Added |
| HighTower Advisors, LLC | 5,866 | $240.5K | 0.00% | +240+4.3% | Added |
| Tower Research Capital LLC (TRC) | 5,807 | $238.1K | 0.01% | +321+5.9% | Added |
| Sterling Capital Management LLC | 5,787 | $237.3K | 0.00% | −1,108−16.1% | Reduced |
| Inspire Advisors, LLC | 5,727 | $234.8K | 0.02% | −6,181−51.9% | Reduced |
| Nisa Investment Advisors, LLC | 5,636 | $231.1K | 0.00% | −27−0.5% | Reduced |
| Greenleaf Trust | 5,502 | $225.6K | 0.00% | +43+0.8% | Added |
| Forum Financial Management, LP | 5,423 | $222.3K | 0.00% | 00.0% | Unchanged |
| Torren Management, LLC | 5,372 | $220.3K | 0.11% | +5,372 | New |
| United Capital Financial Advisers, LLC | 5,372 | $220.3K | 0.00% | −20−0.4% | Reduced |
| Bailard, Inc. | 5,300 | $217.3K | 0.00% | +5,300 | New |
| Sage Rhino Capital LLC | 5,289 | $216.8K | 0.04% | −105−1.9% | Reduced |
| Highland Capital Management, LLC | 5,255 | $215.5K | 0.01% | −144−2.7% | Reduced |
| Guggenheim Capital LLC | 5,089 | $208.6K | 0.00% | −3,174−38.4% | Reduced |
| Panagora Asset Management Inc | 5,042 | $206.7K | 0.00% | −623−11.0% | Reduced |
| Mariner Investment Group LLC | 5,000 | $205.0K | 0.01% | +5,000 | New |
| Swiss Life Asset Management Ltd | 4,935 | $202.3K | 0.00% | +4,935 | New |
| We Are One Seven, LLC | 4,920 | $201.7K | 0.00% | +4,920 | New |
| CWM, LLC | 4,286 | $176.0K | 0.00% | −10−0.2% | Reduced |
| Exchange Traded Concepts, LLC | 4,223 | $173.1K | 0.00% | +4,223 | New |
| Clearstead Advisors, LLC | 4,100 | $168.1K | 0.00% | −108−2.6% | Reduced |
| Quadrant Capital Group LLC | 3,573 | $146.5K | 0.00% | +109+3.1% | Added |
| Smartleaf Asset Management LLC | 3,465 | $141.7K | 0.01% | +34+1.0% | Added |
| KBC Group NV | 3,247 | $133.0K | 0.00% | 00.0% | Unchanged |
| Advisor Group Holdings, Inc. | 3,131 | $128.4K | 0.00% | −124−3.8% | Reduced |
| SageView Advisory Group, LLC | 3,000 | $123.0K | 0.00% | +3,000 | New |
| Parallel Advisors, LLC | 2,823 | $115.7K | 0.00% | 00.0% | Unchanged |
| Farther Finance Advisors, LLC | 2,646 | $108.5K | 0.00% | +496+23.1% | Added |
| Signaturefd, LLC | 2,588 | $106.1K | 0.00% | +18+0.7% | Added |
| BFSG, LLC | 2,425 | $99.4K | 0.01% | −349−12.6% | Reduced |
| Versant Capital Management, Inc | 2,347 | $96.2K | 0.01% | 00.0% | Unchanged |
| CIBC Private Wealth Group, LLC | 2,224 | $91.2K | 0.00% | +2,224 | New |
| Pinnacle Wealth Planning Services, Inc. | 2,056 | $84.3K | 0.01% | +2,056 | New |
| Nomura Asset Management Co Ltd | 1,830 | $75.0K | 0.00% | 00.0% | Unchanged |
| Steward Partners Investment Advisory, LLC | 1,734 | $71.1K | 0.00% | −1,268−42.2% | Reduced |
| Hoey Investments, Inc | 1,668 | $68.4K | 0.01% | 00.0% | Unchanged |
| Fifth Third Bancorp | 1,499 | $61.5K | 0.00% | +18+1.2% | Added |
| SBI Securities Co., Ltd. | 1,439 | $59.0K | 0.00% | 00.0% | Unchanged |
| Jones Financial Companies LLLP | 1,404 | $57.6K | 0.00% | +574+69.2% | Added |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 1,375 | $56.0K | 0.00% | +377+37.8% | Added |
| Assetmark, Inc | 1,296 | $53.1K | 0.00% | +15+1.2% | Added |
| Independence Bank of Kentucky | 1,200 | $49.2K | 0.01% | 00.0% | Unchanged |
| Caitong International Asset Management Co., Ltd | 1,123 | $46.0K | 0.01% | +1,084+2,779.5% | Added |
| EverSource Wealth Advisors, LLC | 840 | $34.4K | 0.00% | −306−26.7% | Reduced |
| Salomon & Ludwin, LLC | 681 | $27.8K | 0.00% | +231+51.3% | Added |
| Umb Bank N A | 505 | $20.7K | 0.00% | +78+18.3% | Added |
| SRS Capital Advisors, Inc. | 411 | $16.9K | 0.00% | +411 | New |
| Los Angeles Capital Management LLC | 393 | $15.2K | 0.00% | +393 | New |
| Private Trust Co NA | 358 | $14.7K | 0.00% | 00.0% | Unchanged |
| Spire Wealth Management | 343 | $14.1K | 0.00% | −961−73.7% | Reduced |
| Allworth Financial LP | 329 | $13.5K | 0.00% | +59+21.9% | Added |
| Root Financial Partners, LLC | 328 | $13.4K | 0.00% | +26+8.6% | Added |
| Keating Financial Advisory Services, Inc. | 311 | $12.8K | 0.00% | +311 | New |
| Larson Financial Group LLC | 294 | $12.1K | 0.00% | +20+7.3% | Added |
| Matrix Trust Co | 304 | $12.0K | 0.00% | +3+1.0% | Added |
| Kemnay Advisory Services Inc. | 269 | $11.0K | 0.00% | +269 | New |
| TD Waterhouse Canada Inc. | 245 | $10.0K | 0.00% | 00.0% | Unchanged |
| Sound Income Strategies, LLC | 199 | $8.92K | 0.00% | +199 | New |
| Private Wealth Management Group, LLC | 203 | $8.32K | 0.00% | 00.0% | Unchanged |
| Huntington National Bank | 201 | $8.24K | 0.00% | −10−4.7% | Reduced |
| Northwestern Mutual Wealth Management Co | 186 | $7.63K | 0.00% | −5−2.6% | Reduced |
| South State Corp. | 174 | $7.13K | 0.00% | 00.0% | Unchanged |
| Federated Hermes, Inc. | 171 | $7.01K | 0.00% | −186−52.1% | Reduced |
| North Star Investment Management Corp. | 162 | $6.64K | 0.00% | 00.0% | Unchanged |
| Parkside Financial Bank & Trust | 154 | $6.31K | 0.00% | +37+31.6% | Added |