Ranked by reported Q1 2026 13F market value
Share of total reported institutional value in TU held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | ROYAL BANK OF CANADA | 128.9M | $1.65B | -16.7% | 8.255% | 0.29% |
| 2 | BANK OF MONTREAL /CAN/ | 60.4M | $776.8M | -6.1% | 3.871% | 0.29% |
| 3 | CIBC World Markets Inc. | 50.8M | $652.2M | +3.8% | 3.251% | 1.07% |
| 4 | TD ASSET MANAGEMENT INC | 37.5M | $480.1M | +2.1% | 2.401% | 0.39% |
| 5 | MACKENZIE FINANCIAL CORP | 33.6M | $432.3M | +1.0% | 2.155% | 0.52% |
| 6 | Federation des caisses Desjardins du Quebec | 30.9M | $394.9M | +59.1% | 1.977% | 1.42% |
| 7 | FIL Ltd | 27.3M | $350.9M | -9.9% | 1.749% | 0.27% |
| 8 | SIG North Trading, ULC | 26.7M | $342.3M | +14.8% | 1.709% | 9.59% |
| 9 | 1832 Asset Management L.P. | 24.8M | $318.5M | -24.8% | 1.590% | 0.42% |
| 10 | MANUFACTURERS LIFE INSURANCE COMPANY, THE | 24.1M | $309.2M | +21.5% | 1.542% | 0.27% |
| 11 | NATIONAL BANK OF CANADA /FI/ | 23.9M | $307.2M | +4.5% | 1.533% | 0.31% |
| 12 | BANK OF NOVA SCOTIA | 21.1M | $271.2M | +20.4% | 1.352% | 0.47% |
| 13 | TD Waterhouse Canada Inc. | 20.4M | $263.9M | +121.5% | 1.309% | 0.78% |
| 14 | SCOTIA CAPITAL INC. | 16.9M | $217.4M | +1.2% | 1.085% | 0.89% |
| 15 | Fiera Capital Corp | 16.3M | $208.7M | -6.4% | 1.042% | 0.71% |
| 16 | CIBC Asset Management Inc | 15.6M | $200.5M | -15.9% | 1.000% | 0.49% |
| 17 | VANGUARD CAPITAL MANAGEMENT LLC | 14.7M | $188.4M | β | 0.939% | 0.00% |
| 18 | MORGAN STANLEY | 13.8M | $177.4M | +65.6% | 0.886% | 0.01% |
| 19 | Invesco Ltd. | 12.2M | $156.1M | -2.6% | 0.780% | 0.02% |
| 20 | TORONTO DOMINION BANK | 11.2M | $144.2M | -30.0% | 0.719% | 0.21% |
| 21 | Vanguard Global Advisers, LLC | 10.8M | $138.9M | β | 0.693% | 0.08% |
| 22 | FIRST TRUST ADVISORS LP | 9.8M | $126.3M | +5.2% | 0.631% | 0.09% |
| 23 | GOLDMAN SACHS GROUP INC | 8.1M | $103.5M | -72.1% | 0.517% | 0.01% |
| 24 | LETKO, BROSSEAU & ASSOCIATES INC | 7.4M | $95.3M | +9.8% | 0.477% | 1.54% |
| 25 | GEODE CAPITAL MANAGEMENT, LLC | 6.3M | $88.8M | +10.0% | 0.405% | 0.01% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). β% of Fundβ shows how much of that investorβs total 13F portfolio is invested in TU β a direct measure of their conviction.
Filings activity in TU during Q1 2026, grouped by how each filer changed its position.
Institutions that opened a new TU position in Q1 2026
Institutions that fully closed their TU position in Q1 2026
8 quarters of 13F filings Β· Ξ columns show change vs prior quarter
| Quarter | Inst. Holders | Ξ Holders | Ownership % | Ξ Ownership | Total 13F Value | Ξ Value |
|---|---|---|---|---|---|---|
| Q1 2026 | 279 | 6.4% | 52.61% | 3.26 pp | $9.76B | 5.8% |
| Q4 2025 | 298 | +3.1% | 55.87% | 12.54 pp | $10.36B | 18% |
| Q3 2025 | 289 | 2.4% | 68.41% | 131.58 pp | $12.69B | 76% |
| Q2 2025 | 296 | +6.1% | 199.99% | +139.27 pp | $52.86B | +369% |
| Q1 2025 | 279 | +1.1% | 60.72% | +7.43 pp | $11.26B | +14% |
| Q4 2024 | 276 | 3.8% | 53.29% | 11.44 pp | $9.88B | 18% |
| Q3 2024 | 287 | 2.0% | 64.73% | 135.26 pp | $12.00B | 94% |
| Q2 2024 | 293 | β | 199.99% | β | $197.47B | β |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Ξ columns compare to the immediately prior filed quarter.
Quick answers to the most common questions about buying TU stock.
Based on Q1 2026 13F filings, institutional ownership of TELUS Corporation stands at 52.6%, held across 279 reporting institutions.
ROYAL BANK OF CANADA is the largest reported institutional holder of TU, with approximately 128,863,948 shares worth $1.65B as of Q1 2026.
No marquee "smart money" managers (Berkshire, Burry, ARK, Tiger Global, Pershing Square, Baupost, etc.) currently appear among the top 25 institutional holders of TU.
Our composite Smart Money Score for TU is 20 out of 100 (Bearish). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
40 institutions opened new positions in TU during Q1 2026, while 59 fully exited. 87 added to existing positions and 148 trimmed.
TU institutional ownership fell by 3.26 percentage points quarter-over-quarter, with a net change of -19 holders.
The top 10 institutions account for 58.5% of all reported 13F value in TU, and the top 25 account for 86.1%.
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.
TELUS Corporation (TU) Institutional Ownership