TELADOC HEALTH INC TDOC
COM · Common Stock · CUSIP 87918A105 · ISIN US87918A1051
American healthcare company
- SectorHealth care
- IndustryServices-Offices & Clinics of Doctors of Medicine
- HeadquartersNew York, NY
- Founded2002
- Websiteteladoc.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($5.3m this quarter). Holder counts are more reliable. Shares outstanding: 177.5m as of 2025-10-23, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $7.01. Options: 27 managers hold calls ($55.3m notional), 17 hold puts ($54.0m).
Trends to Q4 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 482 |
| Q4 2022 | 447 |
| Q1 2023 | 433 |
| Q2 2023 | 432 |
| Q3 2023 | 438 |
| Q4 2023 | 436 |
| Q1 2024 | 429 |
| Q2 2024 | 411 |
| Q3 2024 | 369 |
| Q4 2024 | 383 |
| Q1 2025 | 386 |
| Q2 2025 | 361 |
| Q3 2025 | 357 |
| Q4 2025 | 344 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q1 2024 | 192 | 207 |
| Q2 2024 | 195 | 200 |
| Q3 2024 | 138 | 228 |
| Q4 2024 | 158 | 161 |
| Q1 2025 | 176 | 158 |
| Q2 2025 | 156 | 185 |
| Q3 2025 | 170 | 154 |
| Q4 2025 | 134 | 176 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2025 | $54.4m | $55.3m | 1.02 |
| Q2 2025 | $60.5m | $62.0m | 1.02 |
| Q3 2025 | $60.9m | $67.8m | 1.11 |
| Q4 2025 | $55.3m | $54.0m | 0.98 |
Biggest buyers
| JUPITER ASSET MANAGEMENT LTD | Added | +2.9m |
| AMERICAN CENTURY COMPANIES INC | Added | +2.6m |
| Pale Fire Capital SE | New | +1.9m |
| Allianz Asset Management GmbH | Added | +1.5m |
| BNP PARIBAS FINANCIAL MARKETS | Added | +1.5m |
| Trexquant Investment LP | New | +1.3m |
| MILLENNIUM MANAGEMENT LLC | Added | +1.2m |
| Monaco Asset Management SAM | Added | +1.2m |
| SG Americas Securities, LLC | Added | +988.1k |
| Man Group plc | Added | +862.5k |
Biggest sellers
| MORGAN STANLEY | Reduced | -1.9m |
| Invenomic Capital Management LP | Sold out | -1.4m |
| JPMORGAN CHASE & CO | Reduced | -1.1m |
| TWO SIGMA ADVISERS, LP | Reduced | -838.0k |
| AMERIPRISE FINANCIAL INC | Reduced | -767.5k |
| Soviero Asset Management, LP | Sold out | -630.0k |
| GOLDMAN SACHS GROUP INC | Reduced | -598.5k |
| ACADIAN ASSET MANAGEMENT LLC | Reduced | -532.6k |
| Woodline Partners LP | Sold out | -474.6k |
| TWO SIGMA INVESTMENTS, LP | Reduced | -454.1k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $19.4m2.8m shares |
| IMC-Chicago, LLC | Reduced | $6.9m986.8k shares |
| CITADEL ADVISORS LLC | Reduced | $5.4m769.4k shares |
| GROUP ONE TRADING LLC | Reduced | $4.6m655.0k shares |
| ORACLE INVESTMENT MANAGEMENT INC | Added | $4.5m650.0k shares |
| SIMPLEX TRADING, LLC | Reduced | $3.9m551.8k shares |
| Parallax Volatility Advisers, L.P. | Unchanged | $1.8m250.0k shares |
| PEAK6 LLC | Reduced | $1.6m222.6k shares |
| UBS Group AG | Reduced | $1.4m203.9k shares |
| Soviero Asset Management, LP | Reduced | $1.2m168.0k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $23.5m3.4m shares |
| CITADEL ADVISORS LLC | Reduced | $7.5m1.1m shares |
| IMC-Chicago, LLC | Reduced | $5.1m728.0k shares |
| SIMPLEX TRADING, LLC | Added | $4.1m591.6k shares |
| GROUP ONE TRADING LLC | Added | $2.6m370.9k shares |
| JPMORGAN CHASE & CO | Reduced | $2.2m320.0k shares |
| Walleye Trading LLC | Added | $1.6m233.6k shares |
| JANE STREET GROUP, LLC | Reduced | $1.5m220.4k shares |
| Crawford Fund Management, LLC | Reduced | $1.5m214.0k shares |
| NOMURA HOLDINGS INC | Unchanged | $1.4m200.0k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution filed 2025-04-24 | 7.8% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 7.0% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 5.2% |
| DIMENSIONAL FUND ADVISORS LP 13G · institution new · filed 2026-10-08 | 5.0% |
| Voss Capital, LP 13G · passive investor new · filed 2026-06-22 | 5.0% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC)
Insider purchases and sales in Q4 2025
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q1 2024 | 0 | — | 12 | $3.1m | $292.0k |
| Q2 2024 | 0 | — | 12 | $805.0k | $172.9k |
| Q3 2024 | 2 | $140.8k | 11 | $638.8k | $279.5k |
| Q4 2024 | 0 | — | 5 | $495.5k | $61.0k |
| Q1 2025 | 0 | — | 5 | $673.2k | $66.7k |
| Q2 2025 | 0 | — | 5 | $290.0k | $45.0k |
| Q3 2025 | 0 | — | 6 | $385.0k | $49.6k |
| Q4 2025 | 1 | $69.4k | 6 | $309.5k | $48.9k |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-12-11 | DIVITA CHARLES III CHIEF EXECUTIVE OFFICER, director | Sold | $130.8k17.1k shares |
| 2025-12-03 | Rodrigues Fernando M. President of BetterHelp | Sold plan | $31.5k4.2k shares |
| 2025-12-02 | Vandervoort Adam C CHIEF LEGAL OFFICER, SECRETARY | Sold | $42.8k5.7k shares |
| 2025-12-02 | Bliss Kelly President, U.S. Group Health | Sold | $34.3k4.6k shares |
| 2025-12-02 | Nueno Carlos President, International | Sold | $29.2k3.9k shares |
| 2025-12-02 | Rodrigues Fernando M. President of BetterHelp | Sold plan | $17.4k2.3k shares |
| 2025-11-14 | Paulus Kenneth H Director | Bought plan | $69.4k10.0k shares |
| 2025-10-02 | Catapano Joseph Ronald Chief Accounting Officer | Sold | $23.4k3.0k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q4 2025
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.00% of their portfolio | 21.5m $150.4m | Reduced -427.2k |
| BlackRock, Inc. 0.00% of their portfolio | 14.3m $99.8m | Added +382.0k |
| RENAISSANCE TECHNOLOGIES LLC 0.09% of their portfolio | 8.0m $55.8m | Reduced -198.7k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 7.5m $52.5m | Added +605.1k |
| Point72 Asset Management, L.P. 0.06% of their portfolio | 5.7m $39.6m | Reduced -102.0k |
| STATE STREET CORP 0.00% of their portfolio | 4.3m $29.8m | Reduced -409.7k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 4.2m $29.3m | Added +18.4k |
| JUPITER ASSET MANAGEMENT LTD 0.22% of their portfolio | 3.9m $27.0m | Added +2.9m |
| Allianz Asset Management GmbH 0.02% of their portfolio | 3.1m $21.8m | Added +1.5m |
| AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio | 3.1m $21.6m | Added +2.6m |
| Nuveen, LLC 0.00% of their portfolio | 2.7m $18.6m | Added +742.2k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 2.5m $17.8m | Added +4.6k |
| Monaco Asset Management SAM 4.06% of their portfolio | 2.0m $13.7m | Added +1.2m |
| Pale Fire Capital SE 1.75% of their portfolio | 1.9m $13.6m | New |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 1.9m $13.5m | Reduced -598.5k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 1.7m $12.1m | Reduced -90.4k |
| MORGAN STANLEY 0.00% of their portfolio | 1.7m $11.7m | Reduced -1.9m |
| Man Group plc 0.02% of their portfolio | 1.6m $11.3m | Added +862.5k |
| BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio | 1.6m $10.9m | Added +1.5m |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 1.5m $10.6m | Reduced -767.5k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 1.5m $10.6m | Added +1.2m |
| UBS Group AG 0.00% of their portfolio | 1.5m $10.5m | Added +296.8k |
| TANG CAPITAL MANAGEMENT LLC 0.48% of their portfolio | 1.4m $9.8m | Unchanged |
| Trexquant Investment LP 0.08% of their portfolio | 1.3m $9.2m | New |
| SG Americas Securities, LLC 0.01% of their portfolio | 1.3m $9.1m | Added +988.1k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.18% of their portfolio | 1.3m $8.8m | Reduced -971 |
| Quantinno Capital Management LP 0.02% of their portfolio | 1.1m $8.0m | Added +37.8k |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 1.1m $7.8m | Reduced -103.7k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio | 1.1m $7.4m | Reduced -449.6k |
| Union Square Park Capital Management, LLC 5.47% of their portfolio | 1.0m $7.0m | Added +700.0k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.02% of their portfolio | 997.4k $7.0m | Added +299.1k |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 879.8k $6.2m | Reduced -201.5k |
| Empowered Funds, LLC 0.09% of their portfolio | 742.3k $5.2m | Added +14.0k |
| FMR LLC 0.00% of their portfolio | 736.7k $5.2m | Added +155.8k |
| TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio | 677.6k $4.7m | Reduced -454.1k |
| Bridgewater Associates, LP 0.02% of their portfolio | 634.5k $4.4m | Added +150.7k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 621.4k $4.3m | Reduced -8.3k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 617.8k $4.3m | Reduced -1.1m |
| TWO SIGMA ADVISERS, LP 0.01% of their portfolio | 601.6k $4.2m | Reduced -838.0k |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 588.1k $4.1m | Added +203.2k |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 541.3k $3.8m | Added +246.8k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 511.6k $3.6m | Unchanged |
| Aquatic Capital Management LLC 0.10% of their portfolio | 493.2k $3.5m | New |
| BARCLAYS PLC 0.00% of their portfolio | 490.0k $3.4m | Reduced -48 |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 466.5k $3.3m | Added +40.7k |
| TCW GROUP INC 0.02% of their portfolio | 446.8k $3.1m | Unchanged |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 412.9k $2.9m | Added +33.5k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 409.2k $2.9m | Reduced -252.4k |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 390.4k $2.7m | Added +124.9k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.00% of their portfolio | 373.4k $2.6m | Added +6.3k |
| FEDERATED HERMES, INC. 0.00% of their portfolio | 361.9k $2.5m | Added +54.2k |
| ORACLE INVESTMENT MANAGEMENT INC 1.63% of their portfolio | 354.3k $2.5m | Reduced -351.1k |
| Swiss National Bank 0.00% of their portfolio | 348.3k $2.4m | Added +8.1k |
| Verition Fund Management LLC 0.01% of their portfolio | 343.9k $2.4m | Added +125.3k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.00% of their portfolio | 342.1k $2.4m | Added +20.3k |
| Engineers Gate Manager LP 0.03% of their portfolio | 327.3k $2.3m | Added +111.4k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.00% of their portfolio | 289.0k $2.0m | Reduced -9.6k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 266.7k $1.9m | Added +39.1k |
| Invesco Ltd. 0.00% of their portfolio | 263.8k $1.8m | Reduced -34 |
| MOORE CAPITAL MANAGEMENT, LP 0.04% of their portfolio | 248.5k $1.7m | New |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 243.5k $1.7m | Added +172.0k |
| VIRGINIA RETIREMENT SYSTEMS ET Al 0.01% of their portfolio | 243.5k $1.7m | Added +93.5k |
| IMC-Chicago, LLC 0.03% of their portfolio | 235.5k $1.6m | Reduced -369.3k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 232.6k $1.6m | Reduced -37.2k |
| Round Rock Advisors LLC 0.24% of their portfolio | 232.4k $1.6m | Added +62.1k |
| SIMPLEX TRADING, LLC 0.05% of their portfolio | 231.7k $1.6m | Reduced -229.7k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 222.4k $1.6m | Added +15.3k |
| ALGERT GLOBAL LLC 0.02% of their portfolio | 221.1k $1.5m | New |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 214.5k $1.5m | New |
| HUSSMAN STRATEGIC ADVISORS, INC. 0.36% of their portfolio | 210.0k $1.5m | Added +63.0k |
| Legal & General Group Plc 0.00% of their portfolio | 207.1k $1.4m | Reduced -15.4k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 204.9k $1.4m | Added +26.0k |
| Radcliffe Capital Management, L.P. 0.08% of their portfolio | 201.3k $1.4m | Reduced -61.1k |
| Walleye Trading LLC 0.02% of their portfolio | 198.2k $1.4m | Reduced -124.9k |
| Robeco Institutional Asset Management B.V. 0.00% of their portfolio | 186.4k $1.3m | Reduced -24.5k |
| NANO CAP NEW MILLENNIUM GROWTH FUND L P 1.05% of their portfolio | 175.0k $1.2m | First filing |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 172.2k $1.2m | Reduced -12.2k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 170.3k $1.2m | Added +11.7k |
| HIMENSION CAPITAL (SINGAPORE) PTE. LTD. 0.07% of their portfolio | 169.1k $1.2m | Reduced -14.8k |
| MACKENZIE FINANCIAL CORP 0.00% of their portfolio | 165.6k $1.2m | Added +46.1k |
| Mitsubishi UFJ Trust & Banking Corp 0.00% of their portfolio | 159.8k $1.1m | Added +21.3k |
| Tejara Capital Ltd 0.46% of their portfolio | 159.2k $1.1m | New |
| BANK HAPOALIM BM 0.10% of their portfolio | 157.8k $1.1m | Added +25.1k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 153.3k $1.1m | Added +4.8k |
| GROUP ONE TRADING LLC 0.03% of their portfolio | 152.2k $1.1m | Added +15.5k |
| TWINBEECH CAPITAL LP 0.07% of their portfolio | 149.3k $1.0m | Reduced -47.4k |
| OPPENHEIMER & CO INC 0.01% of their portfolio | 140.6k $983.9k | Added +8.7k |
| PEAK6 LLC 0.01% of their portfolio | 137.5k $962.5k | New |
| DCF Advisers, LLC 0.32% of their portfolio | 137.5k $962.5k | Added +102.5k |
| BANCO BILBAO VIZCAYA ARGENTARIA, S.A. 0.01% of their portfolio | 136.8k $950.7k | Added +4.5k |
| Leonteq Securities AG 0.05% of their portfolio | 132.5k $927.6k | Added +13.9k |
| Virtu Financial LLC 0.03% of their portfolio | 122.0k $854.0k | New |
| Havemeyer Place LP 0.16% of their portfolio | 117.7k $823.8k | First filing |
| Counterpoint Mutual Funds LLC 0.06% of their portfolio | 115.5k $808.2k | Added +54.0k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 110.5k $773.7k | Reduced -4.1k |
| CIGNA INVESTMENTS INC /NEW 0.11% of their portfolio | 107.9k $755.0k | Unchanged |
| IEQ CAPITAL, LLC 0.00% of their portfolio | 105.3k $737.0k | Reduced -113.3k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 103.2k $722.0k | Reduced -23.8k |
| State of Wyoming 0.08% of their portfolio | 101.7k $712.2k | Added +22.7k |
| JENNISON ASSOCIATES LLC 0.00% of their portfolio | 100.4k $702.5k | Added +16.1k |