Telephone and Data SystemsTDS
13F holders, Q4 2025 (December 31)At the end of Q4 2025, 343 institutions reported holding Telephone and Data Systems (TDS) in their 13F filings, up 22 from Q3 2025. 48 opened new positions and 35 sold out. The largest holders were BlackRock, Inc. ($609.8M), Vanguard Group Inc. ($466.4M) and Third Point ($273.7M). 10 famous investors held it, including Dan Loeb (3.8% of Third Point's portfolio), Howard Marks (3.3% of Oaktree Capital Management's portfolio) and Mario Gabelli (0.6% of GAMCO Investors's portfolio).
- Company
- Telephone and Data Systems
- CUSIP
- 879433829
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q3 2025 → Q4 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 48 | $95.5M |
| Exits | 35 | $145.8M |
All 13F filers, Q3 2025 → Q4 2025: 6,517,031 shares bought and 9,963,530 shares sold, net −3,446,499 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 343 holders
| BlackRock, Inc. | 0.01% | Add +0.0% | 14,872,075 | $609.8M |
| Vanguard Group Inc. | 0.01% | Reduce -1.1% | 11,375,121 | $466.4M |
| Third Point | 3.78% | Reduce -0.5% | 6,675,000 | $273.7M |
| Dimensional Fund Advisors LP | 0.06% | Add +1.6% | 6,392,050 | $262.1M |
| Carronade Capital Management, LP | 15.86% | Add +14.2% | 4,203,594 | $172.3M |
| State Street Corp. | 0.01% | Add +1.5% | 4,049,385 | $166.0M |
| Oaktree Capital Management | 3.34% | No change | 3,688,386 | $151.2M |
| American Century Companies Inc. | 0.07% | Reduce -1.3% | 3,564,761 | $146.2M |
| Geode Capital Management, LLC | 0.01% | Add +2.8% | 2,415,553 | $99.1M |
| Goldman Sachs Group Inc. | 0.01% | Reduce -21.1% | 2,260,497 | $92.7M |
| Morgan Stanley | 0.00% | Reduce -9.8% | 1,869,536 | $76.7M |
| Rubric Capital Management LP | 0.91% | Add +15.6% | 1,850,000 | $75.8M |
| GAMCO Investors | 0.63% | Reduce -2.9% | 1,603,026 | $65.7M |
| Gabelli Funds LLC | 0.43% | Reduce -2.5% | 1,526,500 | $62.6M |
| Davidson Kempner Capital Management LP | 1.19% | No change | 1,411,700 | $57.9M |
| 140 Summer Partners LP | 4.21% | Add +5.3% | 1,315,306 | $53.9M |
| Qube Research & Technologies Ltd | 0.08% | Add +14.4% | 1,282,357 | $52.6M |
| Invesco Ltd. | 0.00% | Add +5.3% | 1,249,344 | $51.2M |
| Foursixthree Capital LP | 25.66% | Reduce -12.6% | 1,209,849 | $49.6M |
| Point72 Asset Management | 0.08% | Add +44.6% | 1,137,957 | $46.7M |
| Charles Schwab Investment Management Inc. | 0.01% | Reduce -1.3% | 1,130,205 | $46.3M |
| Deutsche Bank AG | 0.01% | Reduce -11.7% | 1,111,928 | $45.6M |
| Diameter Capital Partners LP | 4.89% | Add +4.1% | 1,067,297 | $43.8M |
| Millennium Management | 0.03% | Add +112.8% | 1,044,166 | $42.8M |
| Northern Trust Corp. | 0.01% | Reduce -5.7% | 998,345 | $40.9M |
| UBS Group AG | 0.01% | Reduce -38.4% | 909,686 | $37.3M |
| Redwood Capital Management, LLC | 4.77% | No change | 876,580 | $35.9M |
| Bank of New York Mellon Corp | 0.01% | Reduce -2.7% | 858,450 | $35.2M |
| Healthcare of Ontario Pension Plan Trust Fund | 0.06% | Reduce -13.4% | 850,400 | $34.9M |
| Hudson Bay Capital Management LP | 0.19% | No change | 750,000 | $30.8M |
| TCW Group Inc. | 0.18% | No change | 605,232 | $24.8M |
| VR Advisory Services Ltd | 3.72% | New | 573,005 | $23.5M |
| Norges Bank | 0.00% | — | 541,663 | $22.2M |
| Loomis Sayles & Co. L P | 0.03% | Add +4.6% | 531,439 | $21.8M |
| Knighthead Capital Management, LLC | 1.86% | Add +200.1% | 516,000 | $21.2M |
| Kerrisdale Advisers, LLC | 9.77% | New | 506,067 | $20.7M |
| Private Management Group Inc. | 0.58% | Reduce -3.3% | 483,079 | $19.8M |
| Citadel Advisors | 0.01% | Add +1185.0% | 478,911 | $19.6M |
| Principal Financial Group Inc. | 0.01% | Reduce -1.3% | 468,462 | $19.2M |
| Aristeia Capital, L.L.C. | 0.93% | No change | 450,000 | $18.4M |
| JPMorgan Chase & Co. | 0.00% | Reduce -39.5% | 383,491 | $15.7M |
| Barclays PLC | 0.01% | Reduce -20.5% | 346,611 | $14.2M |
| Public Sector Pension Investment Board | 0.05% | Reduce -11.3% | 340,141 | $13.9M |
| Bank of America Corp. | 0.00% | Reduce -36.0% | 336,751 | $13.8M |
| Allianz Asset Management GmbH | 0.02% | Reduce -26.6% | 335,061 | $13.7M |
| Assenagon Asset Management S.A. | 0.02% | Add +208.7% | 301,529 | $12.4M |
| Empyrean Capital Partners, LP | 0.46% | No change | 300,000 | $12.3M |
| Rhumbline Advisers | 0.01% | Reduce -5.8% | 281,878 | $11.6M |
| Legal & General Group Plc | 0.00% | Reduce -4.0% | 268,078 | $11.0M |
| Boothbay Fund Management, LLC | 0.29% | New | 263,216 | $10.8M |
| FMR LLC | 0.00% | Reduce -52.3% | 261,857 | $10.7M |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 0.00% | Add +1.0% | 255,612 | $10.5M |
| Nuveen, LLC | 0.00% | Reduce -1.9% | 254,939 | $10.5M |
| Mutual of America Capital Management LLC | 0.10% | Reduce -4.5% | 237,108 | $9.7M |
| Kettle Hill Capital Management, LLC | 2.16% | New | 236,635 | $9.7M |
| Hennessy Advisors Inc. | 0.34% | Reduce -6.1% | 233,300 | $9.6M |
| Congress Asset Management Co. | 0.07% | Add +3.7% | 228,115 | $9.4M |
| Pinnacle Associates Ltd. | 0.11% | Reduce -3.0% | 214,042 | $8.8M |
| DigitalBridge Group, Inc. | 0.65% | Reduce -9.0% | 205,700 | $8.4M |
| BNP Paribas Financial Markets | 0.01% | Reduce -5.8% | 202,851 | $8.3M |
| Swiss National Bank | 0.00% | Add +2.5% | 202,300 | $8.3M |
| Ameriprise Financial Inc. | 0.00% | Reduce -83.5% | 197,333 | $8.1M |
| Raymond James Financial Inc. | 0.00% | Add +0.0% | 171,152 | $7.0M |
| WINTON GROUP Ltd | 0.23% | Add +1924.9% | 165,657 | $6.8M |
| Bridgeway Capital Management, LLC | 0.14% | Reduce -73.2% | 157,393 | $6.5M |
| Prudential Financial Inc. | 0.01% | Add +2.1% | 155,766 | $6.4M |
| Vestcor Inc | 0.18% | Reduce -16.7% | 150,000 | $6.2M |
| Jain Global LLC | 0.06% | Add +47.7% | 139,634 | $5.7M |
| CastleKnight Management LP | 0.32% | No change | 137,400 | $5.6M |
| Victory Capital Management Inc. | 0.00% | Add +22.9% | 136,386 | $5.6M |
| Man Group plc | 0.01% | New | 127,920 | $5.2M |
| First Trust Advisors LP | 0.00% | Add +37.0% | 127,018 | $5.2M |
| Krilogy Financial LLC | 0.17% | Add +9.3% | 112,208 | $4.9M |
| Alliancebernstein L.P. | 0.00% | Add +4.5% | 120,440 | $4.9M |
| Sentinel Dome Partners, LLC | 6.34% | — | 120,000 | $4.9M |
| D. E. Shaw & Co. | 0.00% | Reduce -15.0% | 119,381 | $4.9M |
| Wells Fargo & Company | 0.00% | Add +43.3% | 119,054 | $4.9M |
| Jane Street Group, LLC | 0.01% | Add +7.6% | 118,453 | $4.9M |
| New York State Teachers Retirement System | 0.01% | Reduce -0.8% | 116,052 | $4.8M |
| Susquehanna Portfolio Strategies, LLC | 0.07% | Add +24.7% | 109,177 | $4.5M |
| Royce & Associates LP | 0.04% | New | 104,487 | $4.3M |
| State of Wisconsin Investment Board | 0.01% | Add +104.8% | 102,673 | $4.2M |
| Diametric Capital, LP | 1.12% | Add +125.0% | 102,257 | $4.2M |
| Jacobs Levy Equity Management, Inc. | 0.02% | New | 102,080 | $4.2M |
| T. Rowe Price Associates Inc. | 0.00% | Add +1.8% | 101,671 | $4.2M |
| ExodusPoint Capital Management, LP | 0.04% | New | 98,373 | $4.0M |
| California State Teachers Retirement System | 0.00% | Add +1.5% | 97,210 | $4.0M |
| Intech Investment Management LLC | 0.03% | Reduce -23.3% | 95,393 | $3.9M |
| Two Sigma Advisers, LP | 0.01% | Add +4.5% | 91,300 | $3.7M |
| Prelude Capital Management, LLC | 0.27% | Add +20.0% | 89,643 | $3.7M |
| CANADA LIFE ASSURANCE Co | 0.01% | Add +3.0% | 89,149 | $3.7M |
| Bessemer Group Inc. | 0.01% | Add +12535.2% | 88,320 | $3.6M |
| AQR Capital Management | 0.00% | Add +0.7% | 82,618 | $3.4M |
| Saba Capital Management, L.P. | 0.11% | No change | 80,000 | $3.3M |
| Beartown Capital Management, LLC | 2.40% | — | 75,000 | $3.1M |
| NewEdge Advisors, LLC | 0.01% | Add +1.6% | 74,338 | $3.0M |
| Governors Lane LP | 0.28% | Reduce -4.1% | 72,777 | $3.0M |
| Sunstone Asset Management, LP | 4.67% | — | 70,604 | $2.9M |
| Balyasny Asset Management L.P. | 0.01% | Reduce -77.2% | 69,099 | $2.8M |
| Thrivent Financial for Lutherans | 0.01% | Reduce -4.8% | 67,531 | $2.8M |
| Toronto Dominion Bank | 0.00% | Reduce -60.1% | 67,122 | $2.8M |
| State of New Jersey Common Pension Fund D | 0.01% | Add +4.7% | 56,625 | $2.3M |
| Illinois Municipal Retirement Fund | 0.03% | Add +5.7% | 56,502 | $2.3M |
| Voya Investment Management LLC | 0.00% | Add +1.1% | 56,155 | $2.3M |
| MetLife Investment Management, LLC | 0.01% | Reduce -2.2% | 55,858 | $2.3M |
| Susquehanna International Group, LLP | 0.00% | Reduce -48.2% | 54,771 | $2.2M |
| Royal Bank of Canada | 0.00% | Add +37.1% | 54,696 | $2.2M |
| State of Alaska, Department of Revenue | 0.02% | Add +1.1% | 53,646 | $2.2M |
| Quarry LP | 0.37% | Add +409576.9% | 53,258 | $2.2M |
| Canada Pension Plan Investment Board | 0.00% | Reduce -71.8% | 52,700 | $2.2M |
| Segall Bryant & Hamill, LLC | 0.03% | Add +13.7% | 51,325 | $2.1M |
| Verition Fund Management LLC | 0.01% | Add +14.1% | 51,027 | $2.1M |
| Y-Intercept (Hong Kong) Ltd | 0.05% | Add +80.1% | 50,303 | $2.1M |
| Manufacturers Life Insurance Company, The | 0.00% | Reduce -3.4% | 49,746 | $2.0M |
| Inspire Investing, LLC | 0.17% | Add +9.9% | 46,425 | $1.9M |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 0.00% | Reduce -0.0% | 46,256 | $1.9M |
| Russell Investments Group, Ltd. | 0.00% | Reduce -67.0% | 45,286 | $1.9M |
| Louisiana State Employees Retirement System | 0.03% | Reduce -0.4% | 45,000 | $1.8M |
| Janus Henderson Group PLC | 0.00% | No change | 43,214 | $1.8M |
| Brevan Howard Capital Management LP | 0.04% | Add +44.7% | 41,482 | $1.7M |
| Jefferies Financial Group Inc. | 0.01% | Reduce -9.8% | 40,144 | $1.6M |
| LMR Partners LLP | 0.02% | Reduce -69.6% | 40,000 | $1.6M |
| Horizon Investments, LLC | 0.02% | Add +186.7% | 39,891 | $1.6M |
| SG Americas Securities, LLC | 0.00% | Add +343.6% | 39,597 | $1.6M |
| Natixis Advisors, LLC | 0.00% | Add +0.9% | 38,502 | $1.6M |
| Truist Financial Corp. | 0.00% | Add +3.3% | 38,056 | $1.6M |
| State Board of Administration of Florida Retirement System | 0.00% | No change | 38,016 | $1.6M |
| Advisors Asset Management, Inc. | 0.03% | Reduce -34.6% | 37,877 | $1.6M |
| Croban | 0.74% | Add +1.2% | 37,526 | $1.5M |
| VIRGINIA RETIREMENT SYSTEMS ET Al | 0.01% | New | 37,400 | $1.5M |
| Bank of Montreal | 0.00% | Reduce -0.6% | 36,608 | $1.5M |
| Janney Montgomery Scott LLC | 0.00% | Reduce -0.0% | 34,361 | $1.4M |
| Graham Capital Management, L.P. | 0.07% | Add +45.8% | 34,152 | $1.4M |
| Alhambra Investment Management LLC | 0.65% | No change | 34,000 | $1.4M |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 0.00% | Add +6.1% | 32,722 | $1.3M |
| New York State Common Retirement Fund | 0.00% | No change | 32,435 | $1.3M |
| Sei Investments Co. | 0.00% | Add +176.6% | 31,715 | $1.3M |
| Simplex Trading, LLC | 0.04% | Add +225.2% | 31,116 | $1.3M |
| Handelsbanken Fonder AB | 0.00% | Reduce -9.7% | 30,725 | $1.3M |
| Yousif Capital Management, LLC | 0.01% | Reduce -13.1% | 29,040 | $1.3M |
| Amalgamated Bank | 0.01% | Add +1.4% | 28,596 | $1.2M |
| Arizona State Retirement System | 0.01% | Reduce -5.2% | 28,578 | $1.2M |
| Citigroup Inc. | 0.00% | Reduce -28.0% | 28,412 | $1.2M |
| Comerica Bank | 0.00% | Reduce -7.3% | 27,457 | $1.1M |
| Martingale Asset Management L P | 0.03% | Add +1.5% | 26,718 | $1.1M |
| Quantinno Capital Management LP | 0.00% | Add +50.6% | 26,464 | $1.1M |
| Police & Firemen's Retirement System of New Jersey | 0.01% | Reduce -4.5% | 26,377 | $1.1M |
| Central Pacific Bank - Trust Division | 0.14% | No change | 26,200 | $1.1M |
| KLP Kapitalforvaltning As | 0.00% | Add +2.9% | 25,200 | $1.0M |
| Hennion & Walsh Asset Management, Inc. | 0.04% | Add +225.4% | 24,790 | $1.0M |
| State of Tennessee, Department of Treasury | 0.00% | Reduce -22.0% | 22,513 | $1.0M |
| Caxton Associates LLP | 0.02% | New | 24,740 | $1.0M |
| Teachers Retirement System of the State of Kentucky | 0.01% | Reduce -12.2% | 24,734 | $1.0M |
| Commonwealth of Pennsylvania Public School Empls Retrmt SYS | 0.01% | Reduce -2.8% | 24,331 | $998K |
| Entropy Technologies, LP | 0.05% | New | 24,150 | $990K |
| Landscape Capital Management, L.L.C. | 0.07% | New | 23,758 | $974K |
| Franklin Resources Inc. | 0.00% | Add +2.9% | 23,695 | $971K |
| HSBC Holdings PLC | 0.00% | Add +198.9% | 23,315 | $956K |
| Vident Advisory, LLC | 0.01% | Reduce -6.1% | 23,117 | $948K |
| Squarepoint Ops LLC | 0.00% | Reduce -94.3% | 22,876 | $938K |
| Neo Ivy Capital Management | 0.15% | New | 22,696 | $931K |
| XTX Topco Ltd | 0.02% | Add +142.3% | 22,690 | $930K |
| Oregon Public Employees Retirement Fund | 0.01% | Add +1.8% | 22,522 | $923K |
| First Citizens Bank & Trust Co. | 0.02% | Reduce -0.4% | 21,266 | $872K |
| Acadian Asset Management LLC | 0.00% | New | 20,952 | $857K |
| Envestnet Portfolio Solutions, Inc. | 0.00% | Add +0.6% | 20,618 | $845K |
| Axecap Investments, LLC | 0.51% | Reduce -67.4% | 20,290 | $832K |
| Fox Run Management, L.L.C. | 0.13% | New | 20,205 | $828K |
| Creative Planning | 0.00% | Reduce -11.0% | 20,160 | $827K |
| CSS LLC | 0.14% | Add +1.7% | 19,835 | $813K |
| Aquatic Capital Management LLC | 0.02% | Reduce -51.6% | 19,468 | $798K |
| ProShare Advisors LLC | 0.00% | Add +3.2% | 19,345 | $793K |
| Amundi | 0.00% | Reduce -30.0% | 18,554 | $761K |
| Laurion Capital Management LP | 0.05% | New | 18,154 | $744K |
| T3 Companies, LLC | 0.93% | — | 17,436 | $715K |
| Cambria Investment Management, L.P. | 0.04% | Add +18.7% | 17,396 | $713K |
| Elo Mutual Pension Insurance Co | 0.01% | Reduce -12.8% | 16,859 | $691K |
| AlphaQuest LLC | 0.04% | Add +23.8% | 16,803 | $689K |
| Fidelis Capital Partners, LLC | 0.05% | Reduce -0.2% | 16,598 | $681K |
| Mitsubishi UFJ Trust & Banking Corp | 0.00% | Add +76.2% | 15,944 | $654K |
| New Age Alpha Advisors, LLC | 0.03% | Add +1166.7% | 15,454 | $634K |
| LPL Financial LLC | 0.00% | Reduce -63.2% | 15,208 | $624K |
| Corient Private Wealth LP | 0.00% | Reduce -1.4% | 15,033 | $616K |
| Bridgewater Associates | 0.00% | New | 14,967 | $614K |
| Callan Family Office, LLC | 0.01% | Add +3.4% | 14,877 | $610K |
| Pictet Asset Management Holding SA | 0.00% | Add +9.8% | 14,696 | $603K |
| Maryland State Retirement & Pension System | 0.01% | Add +1.6% | 14,362 | $589K |
| PNC Financial Services Group, Inc. | 0.00% | Reduce -0.6% | 14,316 | $587K |
| Quantbot Technologies LP | 0.02% | Reduce -63.9% | 13,232 | $543K |
| Tudor Investment Corporation | 0.00% | New | 12,904 | $529K |
| Mackenzie Financial Corp. | 0.00% | Reduce -24.8% | 12,939 | $528K |
| STRS Ohio | 0.00% | Reduce -57.6% | 12,600 | $517K |
| Cerity Partners LLC | 0.00% | Reduce -20.9% | 12,556 | $515K |
| Magnetar Financial LLC | 0.01% | New | 12,555 | $515K |
| Evergreen Capital Management LLC | 0.01% | Reduce -0.9% | 12,190 | $500K |
| Profund Advisors LLC | 0.01% | New | 12,043 | $494K |
| Public Employees Retirement Association of Colorado | 0.00% | No change | 11,670 | $478K |
| Empirical Financial Services, LLC d.b.a. Empirical Wealth Management | 0.01% | Add +24.1% | 11,570 | $474K |
| Mariner, LLC | 0.00% | Reduce -58.3% | 11,332 | $465K |
| GABELLI & Co INVESTMENT ADVISERS, INC. | 0.07% | Reduce -79.8% | 11,000 | $451K |
| Axq Capital, LP | 0.10% | Add +63.8% | 10,934 | $448K |
| Vanguard Personalized Indexing Management, LLC | 0.00% | Add +1.7% | 10,774 | $442K |
| US Bancorp \de | 0.00% | Reduce -0.1% | 10,443 | $428K |
| Neuberger Berman Group LLC | 0.00% | Add +30.0% | 10,422 | $427K |
| OneDigital Investment Advisors LLC | 0.00% | Add +1.4% | 10,035 | $411K |
| Highbridge Capital Management LLC | 0.03% | No change | 10,000 | $410K |
| CIBC Asset Management Inc | 0.00% | Add +2.4% | 9,804 | $402K |
| Pathstone Holdings, LLC | 0.00% | Add +31.7% | 9,768 | $400K |
| Ensign Peak Advisors, Inc | 0.00% | Reduce -63.4% | 9,750 | $400K |
| Oxford Asset Management LLP | 0.14% | Reduce -42.5% | 9,625 | $395K |
| World Investment Advisors | 0.01% | Reduce -5.7% | 9,623 | $395K |
| O'shaughnessy Asset Management, LLC | 0.00% | Reduce -8.7% | 9,525 | $391K |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 0.00% | Reduce -23.2% | 9,494 | $389K |
| Tidal Investments LLC | 0.00% | Reduce -19.5% | 9,182 | $376K |
| Occudo Quantitative Strategies LP | 0.02% | New | 9,046 | $371K |
| Carlson Capital, L.P. | 0.18% | New | 9,000 | $369K |
| Sequoia Financial Advisors, LLC | 0.00% | Add +14.4% | 8,879 | $364K |
| Teacher Retirement System of Texas | 0.00% | Reduce -55.1% | 8,847 | $363K |
| Savant Capital, LLC | 0.00% | Add +37.4% | 8,811 | $361K |
| Cetera Investment Advisers | 0.00% | New | 8,564 | $351K |
| Ameritas Investment Partners, Inc. | 0.01% | Reduce -2.9% | 8,083 | $331K |
| Xponance LLC | 0.00% | Add +0.6% | 7,891 | $324K |
| Choreo, LLC | 0.00% | Reduce -7.1% | 7,756 | $317K |
| Waldron Private Wealth LLC | 0.01% | No change | 7,400 | $303K |
| Ballentine Partners, LLC | 0.00% | Reduce -4.5% | 7,362 | $302K |
| Wealth Enhancement Advisory Services, LLC | 0.00% | Add +1.3% | 7,197 | $292K |
| Crossmark Global Holdings, Inc. | 0.00% | No change | 7,095 | $291K |
| Pallas Capital Advisors LLC | 0.01% | Add +0.6% | 7,040 | $289K |
| Cibc World Markets Corp. | 0.00% | — | 6,588 | $270K |
| Covestor Ltd | 0.14% | Reduce -0.0% | 6,428 | $264K |
| GAMMA Investing LLC | 0.01% | Add +3.6% | 6,382 | $262K |
| Bartlett & Co. Wealth Management LLC | 0.00% | No change | 6,354 | $261K |
| Lighthouse Investment Partners, LLC | 0.01% | New | 6,300 | $258K |
| Journey Strategic Wealth LLC | 0.01% | New | 6,034 | $247K |
| Captrust Financial Advisors | 0.00% | Add +3.8% | 6,026 | $247K |
| HB Wealth Management, LLC | 0.00% | Add +3.4% | 5,883 | $241K |
| HighTower Advisors, LLC | 0.00% | Add +4.3% | 5,866 | $241K |
| Tower Research Capital LLC (TRC) | 0.01% | Add +5.8% | 5,807 | $238K |
| Sterling Capital Management LLC | 0.00% | Reduce -16.1% | 5,787 | $237K |
| Inspire Advisors, LLC | 0.02% | Reduce -51.9% | 5,727 | $235K |
| Nisa Investment Advisors, LLC | 0.00% | Reduce -0.5% | 5,636 | $231K |
| Greenleaf Trust | 0.00% | Add +0.8% | 5,502 | $226K |
| Forum Financial Management, LP | 0.00% | No change | 5,423 | $222K |
| Torren Management, LLC | 0.11% | — | 5,372 | $220K |
| United Capital Financial Advisors, LLC | 0.00% | Reduce -0.4% | 5,372 | $220K |
| Bailard, Inc. | 0.00% | New | 5,300 | $217K |
| Sage Rhino Capital LLC | 0.04% | Reduce -1.9% | 5,289 | $217K |
| Highland Capital Management, LLC | 0.01% | Reduce -2.7% | 5,255 | $215K |
| Guggenheim Capital LLC | 0.00% | Reduce -38.4% | 5,089 | $209K |
| Panagora Asset Management Inc. | 0.00% | Reduce -11.0% | 5,042 | $207K |
| Mariner Investment Group LLC | 0.01% | New | 5,000 | $205K |
| Swiss Life Asset Management Ltd | 0.00% | New | 4,935 | $202K |
| Mgo One Seven LLC | 0.00% | New | 4,920 | $202K |
| Cwm, LLC | 0.00% | Reduce -0.2% | 4,286 | $176K |
| Exchange Traded Concepts, LLC | 0.00% | New | 4,223 | $173K |
| Clearstead Advisors, LLC | 0.00% | Reduce -2.6% | 4,100 | $168K |
| Quadrant Capital Group LLC | 0.00% | Add +3.1% | 3,573 | $146K |
| Smartleaf Asset Management LLC | 0.01% | Add +1.0% | 3,465 | $142K |
| KBC Group NV | 0.00% | No change | 3,247 | $133K |
| Osaic Holdings, Inc. | 0.00% | Reduce -3.8% | 3,131 | $128K |
| SageView Advisory Group, LLC | 0.00% | New | 3,000 | $123K |
| Parallel Advisors, LLC | 0.00% | No change | 2,823 | $116K |
| Farther Finance Advisors, LLC | 0.00% | Add +23.1% | 2,646 | $108K |
| Signaturefd, LLC | 0.00% | Add +0.7% | 2,588 | $106K |
| Bfsg, LLC | 0.01% | Reduce -12.6% | 2,425 | $99K |
| Versant Capital Management, Inc | 0.01% | No change | 2,347 | $96K |
| CIBC Private Wealth Group LLC | 0.00% | New | 2,224 | $91K |
| Pinnacle Wealth Planning Services, Inc. | 0.01% | New | 2,056 | $84K |
| Nomura Asset Management Co. Ltd. | 0.00% | No change | 1,830 | $75K |
| Steward Partners Investment Advisory, LLC | 0.00% | Reduce -42.2% | 1,734 | $71K |
| Hoey Investments, Inc. | 0.01% | No change | 1,668 | $68K |
| Fifth Third Bancorp | 0.00% | Add +1.2% | 1,499 | $61K |
| SBI Securities Co., Ltd. | 0.00% | No change | 1,439 | $59K |
| Jones Financial Companies LLLP | 0.00% | Add +69.2% | 1,404 | $58K |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 0.00% | Add +37.8% | 1,375 | $56K |
| Assetmark, Inc. | 0.00% | Add +1.2% | 1,296 | $53K |
| Independence Bank of Kentucky | 0.01% | No change | 1,200 | $49K |
| Caitong International Asset Management Co., Ltd | 0.01% | Add +2779.5% | 1,123 | $46K |
| EverSource Wealth Advisors, LLC | 0.00% | Reduce -26.7% | 840 | $34K |
| Salomon & Ludwin, LLC | 0.00% | Add +51.3% | 681 | $28K |
| UMB Bank, n.a. | 0.00% | Add +18.3% | 505 | $21K |
| Arax Advisory Partners | 0.00% | New | 411 | $17K |
| Los Angeles Capital Management LLC | 0.00% | New | 393 | $15K |
| Private Trust Co. NA | 0.00% | No change | 358 | $15K |
| Spire Wealth Management | 0.00% | Reduce -73.7% | 343 | $14K |
| Allworth Financial LP | 0.00% | Add +21.9% | 329 | $13K |
| Root Financial Partners, LLC | 0.00% | Add +8.6% | 328 | $13K |
| Keating Financial Advisory Services, Inc. | 0.00% | — | 311 | $13K |
| Larson Financial Group LLC | 0.00% | Add +7.3% | 294 | $12K |
| Matrix Trust Co | 0.00% | Add +1.0% | 304 | $12K |
| Kemnay Advisory Services Inc. | 0.00% | New | 269 | $11K |
| TD Waterhouse Canada Inc. | 0.00% | No change | 245 | $10K |
| Sound Income Strategies, LLC | 0.00% | New | 199 | $9K |
| Private Wealth Management Group, LLC | 0.00% | No change | 203 | $8K |
| Huntington National Bank | 0.00% | Reduce -4.7% | 201 | $8K |
| Northwestern Mutual Wealth Management Co. | 0.00% | Reduce -2.6% | 186 | $8K |
| SouthState Bank Corp | 0.00% | No change | 174 | $7K |
| Federated Hermes, Inc. | 0.00% | Reduce -52.1% | 171 | $7K |
| North Star Investment Management Corp. | 0.00% | No change | 162 | $7K |
| Parkside Financial Bank & Trust | 0.00% | Add +31.6% | 154 | $6K |
| Rothschild Investment LLC | 0.00% | Add +6.4% | 149 | $6K |
| Harbor Capital Advisors, Inc. | 0.00% | No change | 147 | $6K |
| Hantz Financial Services, Inc. | 0.00% | Add +44.9% | 155 | $6K |
| Global Retirement Partners, LLC | 0.00% | Add +41.8% | 139 | $6K |
| Bare Financial Services, Inc | 0.00% | Add +15.1% | 137 | $6K |
| Optiver Holding B.V. | 0.00% | Reduce -66.0% | 134 | $5K |
| Prestige Wealth Management Group LLC | 0.00% | No change | 130 | $5K |
| MassMutual Private Wealth & Trust, FSB | 0.00% | No change | 101 | $4K |
| Basecamp Wealth Advisors LLC | 0.00% | — | 100 | $4K |
| Danske Bank A/S | 0.00% | No change | 100 | $4K |
| Wilmington Savings Fund Society, FSB | 0.00% | New | 96 | $4K |
| Blue Trust, Inc. | 0.00% | Reduce -4.1% | 94 | $4K |
| Country Trust Bank | 0.00% | No change | 90 | $4K |
| JFS Wealth Advisors, LLC | 0.00% | Add +36.5% | 86 | $4K |
| Farmers & Merchants Investments Inc. | 0.00% | No change | 60 | $2K |
| Rockefeller Capital Management L.P. | 0.00% | Reduce -92.6% | 57 | $2K |
| Hilton Head Capital Partners, LLC | 0.00% | — | 57 | $2K |
| Manchester Capital Management LLC | 0.00% | New | 54 | $2K |
| Fortitude Family Office, LLC | 0.00% | Reduce -19.0% | 47 | $2K |
| Elyxium Wealth, LLC | 0.00% | New | 37 | $2K |
| Hughes Financial Services, LLC | 0.00% | New | 37 | $2K |
| Kilter Group LLC | 0.00% | New | 32 | $1K |
| Bell Investment Advisors, Inc | 0.00% | No change | 24 | $984 |
| CVA Family Office, LLC | 0.00% | No change | 24 | $984 |
| Ankerstar Wealth, LLC | 0.00% | — | 16 | $656 |
| DiNuzzo Private Wealth, Inc. | 0.00% | Reduce -11.1% | 16 | $656 |
| McGuire Capital Advisors Inc. | 0.00% | — | 15 | $615 |
| Flagship Harbor Advisors, LLC | 0.00% | New | 14 | $575 |
| Optima Capital LLC | 0.00% | New | 13 | $533 |
| Marquette Asset Management, LLC | 0.00% | New | 13 | $533 |
| SJS Investment Consulting Inc. | 0.00% | No change | 13 | $533 |
| Bruce G. Allen Investments, LLC | 0.00% | No change | 12 | $492 |
| Rialto Wealth Management, LLC | 0.00% | No change | 10 | $410 |
| Gilpin Wealth Management, LLC | 0.00% | — | 9 | $369 |
| Godfrey Financial Associates, Inc. | 0.00% | — | 8 | $328 |
| TD Capital Management LLC | 0.00% | New | 8 | $328 |
| Bay Harbor Wealth Management, LLC | 0.00% | No change | 7 | $287 |
| HFM Investment Advisors, LLC | 0.00% | Add +16.7% | 7 | $287 |
| Abound Wealth Management | 0.00% | No change | 6 | $246 |
| Annis Gardner Whiting Capital Advisors, LLC | 0.00% | New | 6 | $246 |
| Harbour Investments, Inc. | 0.00% | Reduce -87.9% | 4 | $164 |
| Dunhill Financial, LLC | 0.00% | New | 2 | $83 |
| Essential Partners LLC | 0.00% | Reduce -33.3% | 2 | $82 |
"% of holder's portfolio" is TDS's weight in each manager's 13F, not the share of Telephone and Data Systems the manager owns.