Intech Investment Trims Stake in Telephone and Data Systems

The investment firm reduced its holdings in the wireless communications provider by 10.7% in the third quarter.

Mar. 3, 2026 at 12:55am

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Intech Investment Management LLC trimmed its position in Telephone and Data Systems, Inc. (NYSE:TDS) by 10.7% in the third quarter, according to its most recent filing with the SEC. The fund owned 124,410 shares of the wireless communications provider's stock worth $4,882,000 as of its most recent filing.

Why it matters

Telephone and Data Systems is a major player in the U.S. wireless and broadband markets, so changes in institutional ownership of its stock can provide insights into investor sentiment around the company and the broader industry.

The details

Several other hedge funds also recently modified their holdings of TDS. Bessemer Group Inc. increased its stake by 65.6%, while Jones Financial Companies Lllp and Assetmark Inc. also added to their positions. However, Intech Investment Management reduced its stake by 10.7% during the quarter.

  • Intech Investment Management trimmed its position in Telephone and Data Systems in the third quarter of 2026.

The players

Intech Investment Management LLC

An investment management firm that reduced its stake in Telephone and Data Systems by 10.7% in Q3 2026.

Telephone and Data Systems, Inc.

A diversified telecommunications company that provides wireless, wireline, cable TV and managed IT services across the United States.

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The takeaway

The reduction in Intech Investment Management's stake in Telephone and Data Systems suggests some institutional investors may be taking a more cautious view on the company and the broader telecom sector, even as others continue to increase their positions.