Ranked by reported Q1 2026 13F market value
Share of total reported institutional value in TDS held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | BlackRock, Inc. | 14.9M | $628.2M | +0.3% | 14.038% | 0.01% |
| 2 | Third Point LLC | 6.6M | $277.9M | -1.1% | 6.209% | 13.34% |
| 3 | DIMENSIONAL FUND ADVISORS LP | 6.5M | $272.9M | +1.4% | 6.098% | 0.06% |
| 4 | VANGUARD PORTFOLIO MANAGEMENT LLC | 6.3M | $263.4M | — | 5.885% | 0.01% |
| 5 | CARRONADE CAPITAL MANAGEMENT, LP | 4.6M | $194.7M | +10.0% | 4.350% | 12.65% |
| 6 | VANGUARD CAPITAL MANAGEMENT LLC | 4.3M | $181.2M | — | 4.050% | 0.00% |
| 7 | OAKTREE CAPITAL MANAGEMENT LP | 4.3M | $180.7M | +16.4% | 4.038% | 3.15% |
| 8 | STATE STREET CORP | 4.2M | $176.5M | +3.5% | 3.943% | 0.01% |
| 9 | AMERICAN CENTURY COMPANIES INC | 3.7M | $155.3M | +3.5% | 3.470% | 0.08% |
| 10 | GEODE CAPITAL MANAGEMENT, LLC | 2.4M | $101.2M | -0.5% | 2.262% | 0.01% |
| 11 | GOLDMAN SACHS GROUP INC | 2.2M | $92.5M | -4.7% | 2.067% | 0.01% |
| 12 | Rubric Capital Management LP | 1.9M | $77.9M | 0.0% | 1.740% | 0.95% |
| 13 | MORGAN STANLEY | 1.7M | $71.5M | -9.2% | 1.598% | 0.00% |
| 14 | GABELLI FUNDS LLC | 1.5M | $63.9M | -0.5% | 1.429% | 0.43% |
| 15 | GAMCO INVESTORS, INC. ET AL | 1.5M | $63.4M | -6.0% | 1.417% | 0.62% |
| 16 | DAVIDSON KEMPNER CAPITAL MANAGEMENT LP | 1.4M | $59.4M | 0.0% | 1.328% | 1.27% |
| 17 | 140 Summer Partners LP | 1.3M | $56.3M | +1.6% | 1.257% | 4.82% |
| 18 | REDWOOD CAPITAL MANAGEMENT, LLC | 1.3M | $53.7M | +45.5% | 1.200% | 7.96% |
| 19 | Qube Research & Technologies Ltd | 1.2M | $52.6M | -2.5% | 1.176% | 0.06% |
| 20 | CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 1.1M | $47.9M | +0.6% | 1.070% | 0.01% |
| 21 | NORTHERN TRUST CORP | 1.0M | $43.7M | +4.1% | 0.977% | 0.01% |
| 22 | Invesco Ltd. | 1.0M | $42.8M | -18.6% | 0.957% | 0.01% |
| 23 | FOURSIXTHREE CAPITAL LP | 941K | $39.6M | -22.2% | 0.885% | 15.46% |
| 24 | DEUTSCHE BANK AG\ | 866K | $36.5M | -22.1% | 0.815% | 0.01% |
| 25 | Bank of New York Mellon Corp | 827K | $34.8M | -3.7% | 0.778% | 0.01% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). “% of Fund” shows how much of that investor’s total 13F portfolio is invested in TDS — a direct measure of their conviction.
Filings activity in TDS during Q1 2026, grouped by how each filer changed its position.
8 quarters of 13F filings · Δ columns show change vs prior quarter
| Quarter | Inst. Holders | Δ Holders | Ownership % | Δ Ownership | Total 13F Value | Δ Value |
|---|---|---|---|---|---|---|
| Q1 2026 | 347 | +3.3% | 98.06% | +0.71 pp | $4.19B | +0.7% |
| Q4 2025 | 336 | +8.0% | 97.35% | +0.38 pp | $4.16B | +0.4% |
| Q3 2025 | 311 | +1.0% | 96.97% | +10.00 pp | $4.14B | +11% |
| Q2 2025 | 308 | +3.0% | 86.97% | 4.15 pp | $3.71B | 4.6% |
| Q1 2025 | 299 | +1.4% | 91.12% | +14.38 pp | $3.89B | +19% |
| Q4 2024 | 295 | +11% | 76.74% | +27.82 pp | $3.28B | +57% |
| Q3 2024 | 266 | +4.7% | 48.92% | +5.46 pp | $2.09B | +13% |
| Q2 2024 | 254 | — | 43.46% | — | $1.85B | — |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Δ columns compare to the immediately prior filed quarter.
Quick answers to the most common questions about buying TDS stock.
Based on Q1 2026 13F filings, institutional ownership of Telephone and Data Systems, Inc. stands at 98.1%, held across 347 reporting institutions.
BlackRock, Inc. is the largest reported institutional holder of TDS, with approximately 14,922,314 shares worth $0.63B as of Q1 2026.
Yes — 1 widely-followed marquee investor appear among the top 25 institutional holders of TDS, including Third Point LLC.
Our composite Smart Money Score for TDS is 57 out of 100 (Neutral). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
60 institutions opened new positions in TDS during Q1 2026, while 49 fully exited. 198 added to existing positions and 89 trimmed.
TDS institutional ownership rose by 0.71 percentage points quarter-over-quarter, with a net change of +11 holders.
The top 10 institutions account for 58.1% of all reported 13F value in TDS, and the top 25 account for 78.1%.
All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.