Quantbot Technologies Reduces Stake in Telephone and Data Systems

Hedge fund cuts holdings in wireless communications provider by over two-thirds

Published on Mar. 6, 2026

Got story updates? Submit your updates here. ›

Quantbot Technologies LP reduced its stake in Telephone and Data Systems, Inc. (NYSE:TDS) by 67.7% in the 3rd quarter, according to a recent SEC filing. The hedge fund now owns 36,675 shares of the wireless communications provider's stock, down from 113,569 shares previously.

Why it matters

Telephone and Data Systems is a major regional wireless and broadband provider, so changes in institutional ownership can signal shifts in investor sentiment around the company's performance and outlook.

The details

Quantbot Technologies sold 76,894 shares of Telephone and Data Systems in the third quarter, leaving it with a $1.44 million stake in the company as of the most recent filing. The hedge fund cited unspecified reasons for reducing its position in the wireless communications firm.

  • Quantbot Technologies reduced its TDS stake in the 3rd quarter of 2026.
  • The hedge fund filed its latest 13F report on March 6, 2026.

The players

Quantbot Technologies LP

A hedge fund that has reduced its position in Telephone and Data Systems.

Telephone and Data Systems, Inc.

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

Got photos? Submit your photos here. ›

The takeaway

This filing indicates that one institutional investor has become less bullish on Telephone and Data Systems, though the reasons behind the stake reduction are unclear. Investors will likely watch to see if other major shareholders follow suit or if Quantbot's move is an isolated event.