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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, Q1 2026

Institutional positions in Telephone & Data Systems Inc as of Mar 31, 2026. 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
356
+19 vs. Q4 2025
Shares held
101.2M
+11.1M (+12.3%) vs. Q4 2025
Total value
$4.26B
+$564.0M (+15.3%) vs. Q4 2025
New holders
58
124 more added
Sold out
39
122 more reduced

6 institutions that held it in Q4 2025 haven't filed for Q1 2026 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 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 holdersQ1 2026: 356 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 heldQ1 2026: $4.26B
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, Q1 2026

Shares, value and share of portfolio for each institution holding Telephone & Data Systems Inc; share changes are against Q4 2025.

Institutions holding TDS in Q1 2026
InstitutionSharesValue% of portfolioChange in sharesAction
BlackRock, Inc.14,922,314$628.2M0.01%+50,239+0.3%Added
Third Point LLCSuperinvestorThird Point6,600,000$277.9M13.34%−75,000−1.1%Reduced
Dimensional Fund Advisors LP6,482,147$272.9M0.06%+90,097+1.4%Added
Vanguard Portfolio Management LLC6,256,295$263.4M0.01%+6,256,295New
Carronade Capital Management, LP4,623,934$194.7M14.11%+420,340+10.0%Added
Vanguard Capital Management LLC4,304,742$181.2M0.00%+4,304,742New
Oaktree Capital Management LPSuperinvestorOaktree Capital4,292,243$180.7M3.06%+603,857+16.4%Added
State Street Corp4,191,440$176.5M0.01%+142,055+3.5%Added
American Century Companies Inc3,688,614$155.3M0.08%+123,853+3.5%Added
Geode Capital Management, LLC2,404,511$101.2M0.01%−11,042−0.5%Reduced
Goldman Sachs Group Inc2,196,822$92.5M0.01%−63,675−2.8%Reduced
Rubric Capital Management LP1,850,000$77.9M0.95%00.0%Unchanged
Morgan Stanley1,698,564$71.5M0.00%−170,972−9.1%Reduced
Gabelli Funds LLC1,519,000$63.9M0.43%−7,500−0.5%Reduced
Gamco Investors, Inc. Et Al1,506,011$63.4M0.62%−97,015−6.1%Reduced
Davidson Kempner Capital Management LP1,411,700$59.4M1.06%00.0%Unchanged
140 Summer Partners LP1,336,731$56.3M4.97%+21,425+1.6%Added
Redwood Capital Management, LLC1,275,282$53.7M7.96%+398,702+45.5%Added
Qube Research & Technologies Ltd1,249,999$52.6M0.07%−32,358−2.5%Reduced
Charles Schwab Investment Management Inc1,137,090$47.9M0.01%+6,885+0.6%Added
Northern Trust Corp1,038,855$43.7M0.01%+40,510+4.1%Added
Invesco Ltd.1,016,884$42.8M0.00%−232,460−18.6%Reduced
Foursixthree Capital LP940,927$39.6M17.02%−268,922−22.2%Reduced
Deutsche Bank AG865,977$36.5M0.01%−245,951−22.1%Reduced
Bank of New York Mellon Corp826,873$34.8M0.01%−31,577−3.7%Reduced
Hudson Bay Capital Management LP818,700$34.5M0.21%+68,700+9.2%Added
UBS Group AG805,993$33.9M0.01%−103,693−11.4%Reduced
Dendur Capital LP802,000$33.8M2.48%+802,000New
VR Advisory Services Ltd730,904$30.8M3.64%+157,899+27.6%Added
JPMorgan Chase & Co661,938$27.7M0.00%+278,447+72.6%Added
Vanguard Fiduciary Trust Co635,975$26.8M0.01%+635,975New
TCW Group Inc612,032$25.8M0.19%+6,800+1.1%Added
Aristeia Capital LLC600,000$25.3M0.58%+150,000+33.3%Added
Point72 Asset Management, L.P.586,485$24.7M0.04%−551,472−48.5%Reduced
Healthcare of Ontario Pension Plan Trust Fund555,400$23.4M0.04%−295,000−34.7%Reduced
Loomis Sayles & Co L P524,086$22.1M0.03%−7,353−1.4%Reduced
Goldentree Asset Management LP516,000$21.7M1.29%+516,000New
Nuveen, LLC506,773$21.3M0.01%+251,834+98.8%Added
Rokos Capital Management LLP500,000$21.0M0.37%+500,000New
Man Group plc487,037$20.5M0.04%+359,117+280.7%Added
Principal Financial Group Inc477,704$20.1M0.01%+9,242+2.0%Added
Royce & Associates LP446,489$18.8M0.19%+342,002+327.3%Added
Knighthead Capital Management, LLC445,695$18.8M1.90%−70,305−13.6%Reduced
Bank of America Corp407,109$17.1M0.00%+70,358+20.9%Added
Citadel Advisors LLC380,798$16.0M0.01%−98,113−20.5%Reduced
Public Sector Pension Investment Board351,644$14.8M0.05%+11,503+3.4%Added
Empyrean Capital Partners, LP300,000$12.6M0.42%00.0%Unchanged
Kerrisdale Advisers, LLC297,966$12.5M4.77%−208,101−41.1%Reduced
Rhumbline Advisers286,100$12.0M0.01%+4,222+1.5%Added
Congress Asset Management Co278,324$11.7M0.08%+50,209+22.0%Added
FMR LLC274,249$11.5M0.00%+12,392+4.7%Added
UBS Asset Management Americas Inc267,847$11.3M0.00%+12,235+4.8%Added
Legal & General Group Plc242,640$10.2M0.00%−25,438−9.5%Reduced
Mutual of America Capital Management LLC235,465$9.91M0.11%−1,643−0.7%Reduced
Hennessy Advisors Inc225,400$9.49M0.34%−7,900−3.4%Reduced
Allianz Asset Management GmbH216,681$9.12M0.01%−118,380−35.3%Reduced
Picton Mahoney Asset Management213,605$8.99M0.09%+213,605New
Pinnacle Associates Ltd208,769$8.79M0.11%−5,273−2.5%Reduced
Boothbay Fund Management, LLC205,492$8.65M0.20%−57,724−21.9%Reduced
Swiss National Bank203,000$8.55M0.00%+700+0.3%Added
Cooper Investors Pty Ltd196,421$8.27M3.37%+196,421New
Ameriprise Financial Inc189,538$7.98M0.00%−7,795−4.0%Reduced
Millennium Management LLC181,339$7.63M0.01%−862,827−82.6%Reduced
Acadian Asset Management LLC155,611$6.55M0.01%+134,659+642.7%Added
Victory Capital Management Inc155,010$6.53M0.00%+18,624+13.7%Added
Prudential Financial Inc154,313$6.50M0.01%−1,453−0.9%Reduced
Phocas Financial Corp.149,225$6.28M0.99%+149,225New
Teacher Retirement System of Texas146,013$6.15M0.03%+137,166+1,550.4%Added
Jain Global LLC128,576$5.41M0.07%−11,058−7.9%Reduced
Vestcor Inc125,000$5.26M0.14%−25,000−16.7%Reduced
California State Teachers Retirement System124,665$5.25M0.01%+27,455+28.2%Added
Price T Rowe Associates Inc121,910$5.13M0.00%+20,239+19.9%Added
Verition Fund Management LLC121,500$5.12M0.05%+70,473+138.1%Added
Hahn Capital Management LLC118,735$5.00M3.14%+118,735New
Russell Investments Group, Ltd.116,395$4.90M0.01%+71,109+157.0%Added
First Trust Advisors LP115,566$4.87M0.00%−11,452−9.0%Reduced
Sentinel Dome Partners, LLC115,000$4.84M4.61%−5,000−4.2%Reduced
Susquehanna Portfolio Strategies, LLC114,977$4.84M0.07%+5,800+5.3%Added
Royal Bank of Canada112,617$4.74M0.00%+57,921+105.9%Added
Alliancebernstein L.P.115,123$4.72M0.00%−5,317−4.4%Reduced
Krilogy Financial LLC101,030$4.60M0.15%−11,178−10.0%Reduced
New York State Teachers Retirement System104,370$4.39M0.01%−11,682−10.1%Reduced
Susquehanna International Group, LLP100,087$4.21M0.01%+45,316+82.7%Added
CastleKnight Management LP99,800$4.20M0.20%−37,600−27.4%Reduced
Raymond James Financial Inc98,314$4.14M0.00%−72,838−42.6%Reduced
Diametric Capital, LP94,768$3.99M1.05%−7,489−7.3%Reduced
Vanguard Asset Management, Ltd90,393$3.81M0.00%+90,393New
Balyasny Asset Management LLC89,382$3.76M0.01%+20,283+29.4%Added
Bessemer Group Inc88,810$3.74M0.01%+490+0.6%Added
Intech Investment Management LLC87,299$3.68M0.04%−8,094−8.5%Reduced
AQR Capital Management LLC86,602$3.64M0.00%+3,984+4.8%Added
Two Sigma Investments, LP85,900$3.62M0.00%+85,900New
Great West Life Assurance Co82,764$3.48M0.01%−6,385−7.2%Reduced
Toronto Dominion Bank81,746$3.44M0.01%+14,624+21.8%Added
Colony Capital, Inc.80,800$3.40M0.22%−124,900−60.7%Reduced
Mirabella Financial Services LLP80,187$3.38M0.33%+80,187New
Jacobs Levy Equity Management, Inc79,607$3.35M0.01%−22,473−22.0%Reduced
Beartown Capital Management, LLC75,000$3.16M2.49%00.0%Unchanged
GWM Advisors LLC74,691$3.14M0.01%+353+0.5%Added
Saba Capital Management, L.P.74,484$3.14M0.10%−5,516−6.9%Reduced