TELUS CORPORATION TU
COM · Common Stock · CUSIP 87971M103 · ISIN CA87971M1032
Canadian telecommunications company
* 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 ($449.5m this quarter). Holder counts are more reliable. Shares outstanding: 1.4bn as of 2022-12-31, 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 ≈ $19.46. Options: 12 managers hold calls ($43.8m notional), 9 hold puts ($10.0m).
Trends to Q4 2022
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 314 |
| Q4 2022 | 322 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $31.3m | $11.3m | 0.36 |
| Q4 2022 | $43.8m | $10.0m | 0.23 |
Biggest buyers
| NATIONAL BANK OF CANADA /FI/ | Added | +9.9m |
| MACKENZIE FINANCIAL CORP | Added | +4.6m |
| ROYAL BANK OF CANADA | Added | +2.9m |
| 1832 Asset Management L.P. | Added | +2.0m |
| Schonfeld Strategic Advisors LLC | Added | +1.7m |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | Added | +1.5m |
| BANK OF AMERICA CORP /DE/ | Added | +1.1m |
| Amundi | Added | +944.0k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | Added | +936.1k |
| Qube Research & Technologies Ltd | Added | +873.8k |
Biggest sellers
| BANK OF MONTREAL /CAN/ | Reduced | -11.2m |
| Capital International Investors | Sold out | -8.7m |
| FIL Ltd | Reduced | -7.3m |
| JANUS HENDERSON GROUP PLC | Reduced | -4.6m |
| FMR LLC | Reduced | -3.3m |
| FRANKLIN RESOURCES INC | Reduced | -1.8m |
| ALPINE ASSOCIATES MANAGEMENT INC. | Sold out | -1.1m |
| Connor, Clark & Lunn Investment Management Ltd. | Reduced | -1.0m |
| TD Asset Management Inc | Reduced | -1.0m |
| TORONTO DOMINION BANK | Reduced | -1.0m |
Biggest calls
| ROYAL BANK OF CANADA | Added | $15.2m784.7k shares |
| BANK OF MONTREAL /CAN/ | Reduced | $7.5m388.2k shares |
| CIBC WORLD MARKET INC. | New | $5.8m300.0k shares |
| Polar Asset Management Partners Inc. | New | $5.8m300.0k shares |
| HSBC HOLDINGS PLC | Unchanged | $4.8m250.0k shares |
| SIG North Trading, ULC | Reduced | $3.3m172.1k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $552.3k28.6k shares |
| CITADEL ADVISORS LLC | Reduced | $407.4k21.1k shares |
| SIMPLEX TRADING, LLC | Reduced | $175.0k9.1k shares |
| GROUP ONE TRADING LLC | Reduced | $156.4k8.1k shares |
Biggest puts
| ROYAL BANK OF CANADA | Reduced | $5.7m294.4k shares |
| CIBC WORLD MARKET INC. | Unchanged | $1.9m100.0k shares |
| SIG North Trading, ULC | Reduced | $1.5m78.7k shares |
| PEAK6 Investments LLC | Added | $351.4k18.2k shares |
| Walleye Trading LLC | Added | $301.2k15.6k shares |
| CITADEL ADVISORS LLC | Reduced | $177.7k9.2k shares |
| SIMPLEX TRADING, LLC | Added | $79.0k4.1k shares |
| GROUP ONE TRADING LLC | New | $1.9k100 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 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.
No one currently above 5% in the filings since 19 Dec 2024.
Fell to 5% or below in the last year: BANK OF MONTREAL /CAN/ (3.8%, 2025-11-14)
Insider purchases and sales in Q4 2022
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.
None reported in Q4 2022.
Holders, Q4 2022
| Manager | Shares | Change |
|---|---|---|
| ROYAL BANK OF CANADA 0.88% of their portfolio | 149.7m $2.9bn | Added +2.9m |
| MACKENZIE FINANCIAL CORP 1.94% of their portfolio | 59.6m $1.1bn | Added +4.6m |
| BANK OF MONTREAL /CAN/ 0.48% of their portfolio | 52.8m $1.0bn | Reduced -11.2m |
| TD Asset Management Inc 0.96% of their portfolio | 40.2m $776.1m | Reduced -1.0m |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.46% of their portfolio | 37.8m $729.3m | Added +1.5m |
| 1832 Asset Management L.P. 1.08% of their portfolio | 27.3m $527.6m | Added +2.0m |
| CIBC Asset Management Inc 1.88% of their portfolio | 22.9m $442.5m | Reduced -472.3k |
| CIBC WORLD MARKET INC. 1.68% of their portfolio | 22.1m $426.4m | Added +224.0k |
| BANK OF NOVA SCOTIA 1.08% of their portfolio | 21.7m $418.0m | Added +168.4k |
| VANGUARD GROUP INC 0.01% of their portfolio | 20.3m $392.7m | Added +651.7k |
| NATIONAL BANK OF CANADA /FI/ 0.94% of their portfolio | 18.1m $349.3m | Added +9.9m |
| TORONTO DOMINION BANK 0.48% of their portfolio | 14.8m $321.6m | Reduced -1.0m |
| SCOTIA CAPITAL INC. 2.01% of their portfolio | 13.5m $261.0m | Added +525.7k |
| Fiera Capital Corp 0.79% of their portfolio | 13.1m $253.0m | Added +22.2k |
| Connor, Clark & Lunn Investment Management Ltd. 1.38% of their portfolio | 12.5m $240.4m | Reduced -1.0m |
| Invesco Ltd. 0.05% of their portfolio | 8.3m $160.6m | Added +474.7k |
| BANK OF AMERICA CORP /DE/ 0.02% of their portfolio | 8.0m $153.8m | Added +1.1m |
| Federation des caisses Desjardins du Quebec 1.75% of their portfolio | 7.6m $148.1m | Added +805.3k |
| FIL Ltd 0.17% of their portfolio | 7.4m $142.5m | Reduced -7.3m |
| LETKO, BROSSEAU & ASSOCIATES INC 2.49% of their portfolio | 7.2m $138.5m | Reduced -280.8k |
| TD Waterhouse Canada Inc. 2.06% of their portfolio | 7.2m $187.9m | Added +127.9k |
| FRANKLIN RESOURCES INC 0.07% of their portfolio | 6.6m $128.1m | Reduced -1.8m |
| OMERS ADMINISTRATION Corp 1.97% of their portfolio | 6.4m $123.0m | Unchanged |
| MORGAN STANLEY 0.01% of their portfolio | 6.2m $119.4m | Added +616.7k |
| Beutel, Goodman & Co Ltd. 0.69% of their portfolio | 5.9m $114.0m | Reduced -51.9k |
| JANUS HENDERSON GROUP PLC 0.08% of their portfolio | 5.7m $109.1m | Reduced -4.6m |
| FIRST TRUST ADVISORS LP 0.13% of their portfolio | 5.5m $105.9m | Added +776.9k |
| AGF MANAGEMENT LTD 0.74% of their portfolio | 5.3m $101.4m | First filing |
| Alberta Investment Management Corp 0.86% of their portfolio | 5.0m $96.8m | Reduced -327.6k |
| GUARDIAN CAPITAL LP 3.08% of their portfolio | 4.9m $93.5m | Reduced -7.2k |
| NORGES BANK 0.02% of their portfolio | 4.7m $91.3m | Added +383.3k |
| Caisse de depot et placement du Quebec 0.23% of their portfolio | 3.8m $73.3m | Reduced -328.0k |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.80% of their portfolio | 3.8m $72.9m | Reduced -74.6k |
| Schonfeld Strategic Advisors LLC 0.58% of their portfolio | 3.6m $69.4m | Added +1.7m |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 3.5m $67.1m | Added +46.4k |
| RENAISSANCE TECHNOLOGIES LLC 0.09% of their portfolio | 3.3m $63.3m | Reduced -140.4k |
| FMR LLC 0.01% of their portfolio | 3.0m $58.3m | Reduced -3.3m |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.02% of their portfolio | 3.0m $57.9m | Reduced -87.3k |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.10% of their portfolio | 2.9m $56.8m | Added +140.6k |
| Amundi 0.03% of their portfolio | 2.4m $48.5m | Added +944.0k |
| AEGON ASSET MANAGEMENT UK Plc 0.82% of their portfolio | 2.4m $45.4m | Not comparable |
| DUFF & PHELPS INVESTMENT MANAGEMENT CO 0.55% of their portfolio | 2.3m $45.3m | Unchanged |
| DekaBank Deutsche Girozentrale 0.12% of their portfolio | 2.3m $44.5m | Added +28.8k |
| MONTRUSCO BOLTON INVESTMENTS INC. 1.01% of their portfolio | 2.3m $43.6m | Reduced -25.2k |
| INTACT INVESTMENT MANAGEMENT INC. 1.88% of their portfolio | 2.2m $43.4m | Reduced -771.2k |
| NEUBERGER BERMAN GROUP LLC 0.04% of their portfolio | 2.2m $41.5m | Reduced -33.9k |
| BlackRock Inc. 0.00% of their portfolio | 2.1m $40.4m | Reduced -151.5k |
| Triasima Portfolio Management inc. 2.94% of their portfolio | 2.0m $38.4m | Reduced -80.3k |
| Swiss National Bank 0.03% of their portfolio | 2.0m $38.1m | Reduced -110.3k |
| APG Asset Management N.V. 0.09% of their portfolio | 1.8m $46.7m | Added +507.1k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 1.7m $33.6m | Reduced -11.8k |
| Sumitomo Mitsui Trust Group, Inc. 0.03% of their portfolio | 1.6m $31.8m | Added +705 |
| Nexus Investment Management ULC 3.53% of their portfolio | 1.6m $31.2m | Added +22.8k |
| CITADEL ADVISORS LLC 0.04% of their portfolio | 1.6m $31.2m | Added +715.5k |
| CIDEL ASSET MANAGEMENT INC 1.41% of their portfolio | 1.6m $30.1m | Reduced -143.0k |
| FEDERATED HERMES, INC. 0.08% of their portfolio | 1.5m $29.8m | Added +64.7k |
| AXIOM INVESTORS LLC /DE 0.57% of their portfolio | 1.5m $29.0m | Added +153.0k |
| MORGUARD LINCLUDEN GLOBAL INVESTMENTS Ltd 3.40% of their portfolio | 1.5m $28.7m | Reduced -42.5k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.05% of their portfolio | 1.4m $26.7m | Reduced -51.3k |
| AVIVA PLC 0.13% of their portfolio | 1.4m $26.7m | Added +314.5k |
| Man Group plc 0.09% of their portfolio | 1.3m $25.3m | Added +89.0k |
| BANK OF NOVA SCOTIA TRUST CO 2.63% of their portfolio | 1.3m $24.3m | Added +54.4k |
| MILLENNIUM MANAGEMENT LLC 0.03% of their portfolio | 1.2m $23.8m | Added +602.6k |
| CITIGROUP INC 0.03% of their portfolio | 1.2m $22.5m | Added +76.9k |
| Qube Research & Technologies Ltd 0.12% of their portfolio | 1.0m $20.2m | Added +873.8k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.10% of their portfolio | 1.0m $19.7m | Added +936.1k |
| JARISLOWSKY, FRASER Ltd 0.13% of their portfolio | 1.0m $19.7m | Reduced -10.7k |
| Heathbridge Capital Management Ltd. 7.38% of their portfolio | 996.5k $19.2m | Reduced -11.9k |
| Scheer, Rowlett & Associates Investment Management Ltd. 1.50% of their portfolio | 928.9k $17.9m | Reduced -19.0k |
| CANADA LIFE ASSURANCE Co 0.05% of their portfolio | 890.0k $17.2m | Added +15.2k |
| DEUTSCHE BANK AG\ 0.01% of their portfolio | 830.5k $16.0m | Reduced -16.5k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 796.7k $15.4m | Added +13.4k |
| GUARDIAN CAPITAL ADVISORS LP 1.83% of their portfolio | 786.9k $16.1m | Added +3.1k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.07% of their portfolio | 766.7k $20.0m | Reduced -121.9k |
| D. E. Shaw & Co., Inc. 0.02% of their portfolio | 699.3k $13.5m | Reduced -774.2k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.07% of their portfolio | 694.0k $13.4m | Reduced -43.4k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 693.2k $16.0m | Added +45.4k |
| Onex Canada Asset Management Inc. 0.75% of their portfolio | 693.0k $13.4m | Reduced -268.1k |
| Northwest & Ethical Investments L.P. 0.46% of their portfolio | 686.6k $13.2m | Reduced -22.7k |
| Credential Qtrade Securities Inc. 0.90% of their portfolio | 652.0k $12.6m | Reduced -2.9k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 651.6k $12.6m | Added +32.8k |
| CREDIT SUISSE AG/ 0.01% of their portfolio | 572.6k $11.1m | Added +172.2k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 571.4k $11.0m | Reduced -68.2k |
| REAVES W H & CO INC 0.39% of their portfolio | 560.0k $10.8m | Reduced -34.3k |
| Baskin Financial Services Inc. 1.24% of their portfolio | 554.9k $10.7m | Added +3.1k |
| Cubist Systematic Strategies, LLC 0.09% of their portfolio | 536.5k $10.4m | Added +281.1k |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 512.7k $9.9m | Added +61.6k |
| HSBC HOLDINGS PLC 0.01% of their portfolio | 510.6k $9.8m | Added +337.2k |
| Russell Investments Group, Ltd. 0.02% of their portfolio | 491.1k $9.5m | Reduced -63.0k |
| GABELLI FUNDS LLC 0.07% of their portfolio | 479.0k $9.2m | Reduced -2.0k |
| NORDEA INVESTMENT MANAGEMENT AB 0.01% of their portfolio | 478.0k $9.3m | Added +399.6k |
| RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio | 476.5k $9.2m | Reduced -3.7k |
| Hillsdale Investment Management Inc. 0.68% of their portfolio | 415.0k $8.0m | Added +49.0k |
| UBS Group AG 0.00% of their portfolio | 353.2k $6.8m | Added +313.4k |
| USS Investment Management Ltd 0.10% of their portfolio | 352.9k $6.8m | Added +186.0k |
| Azimuth Capital Investment Management LLC 0.33% of their portfolio | 341.1k $6.6m | Reduced -125.3k |
| Summit Financial Wealth Advisors, LLC 1.56% of their portfolio | 335.6k $6.5m | Reduced -8.1k |
| LANDSCAPE CAPITAL MANAGEMENT, L.L.C. 0.91% of their portfolio | 319.3k $6.2m | Added +284.8k |
| NICOLA WEALTH MANAGEMENT LTD. 0.62% of their portfolio | 315.0k $6.1m | Added +44.6k |
| Clean Yield Group 2.48% of their portfolio | 298.7k $5.8m | Added +13.4k |