Vault-13

TELUS CORPORATION TU

COM · Common Stock · CUSIP 87971M103 · ISIN CA87971M1032

Canadian telecommunications company

322 institutional holders +8 vs Q3 2022
712,304,053712.3m shares reported held*
49.8% of all shares outstanding*
$13.8bnreported value*
43 new 114 added 109 reduced 36 sold out net sold ≈ $199.6m (-10.2m shares)

* 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

0200400Q3 22: 314Q4 22: 322322Q3 22Q4 22
Numbers
QuarterHolders
Q3 2022314
Q4 2022322

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$20m$40m$60mQ3 22 calls: $31.3mQ3 22 puts: $11.3mQ3 22P/C 0.36Q4 22 calls: $43.8mQ4 22 puts: $10.0mQ4 22P/C 0.23
Numbers
QuarterCallsPutsP/C
Q3 2022$31.3m$11.3m0.36
Q4 2022$43.8m$10.0m0.23

Biggest buyers

NATIONAL BANK OF CANADA /FI/ Added +9,850,903+9.9m
MACKENZIE FINANCIAL CORP Added +4,574,843+4.6m
ROYAL BANK OF CANADA Added +2,912,610+2.9m
1832 Asset Management L.P. Added +2,021,793+2.0m
Schonfeld Strategic Advisors LLC Added +1,672,076+1.7m
MANUFACTURERS LIFE INSURANCE COMPANY, THE Added +1,509,507+1.5m
BANK OF AMERICA CORP /DE/ Added +1,084,845+1.1m
Amundi Added +943,958+944.0k
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND Added +936,118+936.1k
Qube Research & Technologies Ltd Added +873,828+873.8k

Biggest sellers

BANK OF MONTREAL /CAN/ Reduced -11,160,212-11.2m
Capital International Investors Sold out -8,654,258-8.7m
FIL Ltd Reduced -7,258,660-7.3m
JANUS HENDERSON GROUP PLC Reduced -4,559,412-4.6m
FMR LLC Reduced -3,259,440-3.3m
FRANKLIN RESOURCES INC Reduced -1,790,087-1.8m
ALPINE ASSOCIATES MANAGEMENT INC. Sold out -1,089,988-1.1m
Connor, Clark & Lunn Investment Management Ltd. Reduced -1,040,570-1.0m
TD Asset Management Inc Reduced -1,034,781-1.0m
TORONTO DOMINION BANK Reduced -1,005,280-1.0m

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

#ManagerLocationShares Value% of their portfolioChangeShares change
1 ROYAL BANK OF CANADA 0.88% of their portfolio TORONTO, A6 149,727,766149.7m $2.9bn $2.9bn 0.88% Added +2.9m +2,912,610
2 MACKENZIE FINANCIAL CORP 1.94% of their portfolio TORONTO ONTARIO, A6 59,637,88659.6m $1.1bn $1.1bn 1.94% Added +4.6m +4,574,843
3 BANK OF MONTREAL /CAN/ 0.48% of their portfolio TORONTO, A6 52,840,27152.8m $1.0bn $1.0bn 0.48% Reduced -11.2m -11,160,212
4 TD Asset Management Inc 0.96% of their portfolio Toronto, A6 40,246,49740.2m $776.1m $776.1m 0.96% Reduced -1.0m -1,034,781
5 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.46% of their portfolio Toronto, A6 37,812,60437.8m $729.3m $729.3m 0.46% Added +1.5m +1,509,507
6 1832 Asset Management L.P. 1.08% of their portfolio TORONTO, A6 27,323,49527.3m $527.6m $527.6m 1.08% Added +2.0m +2,021,793
7 CIBC Asset Management Inc 1.88% of their portfolio TORONTO, Z4 22,926,35622.9m $442.5m $442.5m 1.88% Reduced -472.3k -472,253
8 CIBC WORLD MARKET INC. 1.68% of their portfolio TORONTO, A6 22,103,80722.1m $426.4m $426.4m 1.68% Added +224.0k +224,006
9 BANK OF NOVA SCOTIA 1.08% of their portfolio TORONTO, A6 21,661,16621.7m $418.0m $418.0m 1.08% Added +168.4k +168,406
10 VANGUARD GROUP INC 0.01% of their portfolio Valley Forge, PA 20,334,44720.3m $392.7m $392.7m 0.01% Added +651.7k +651,749
11 NATIONAL BANK OF CANADA /FI/ 0.94% of their portfolio MONTREAL, A8 18,117,78718.1m $349.3m $349.3m 0.94% Added +9.9m +9,850,903
12 TORONTO DOMINION BANK 0.48% of their portfolio TORONTO, ONTARIO, A6 14,847,08414.8m $321.6m $321.6m 0.48% Reduced -1.0m -1,005,280
13 SCOTIA CAPITAL INC. 2.01% of their portfolio TORONTO, A6 13,537,25013.5m $261.0m $261.0m 2.01% Added +525.7k +525,659
14 Fiera Capital Corp 0.79% of their portfolio MONTREAL, A8 13,102,50713.1m $253.0m $253.0m 0.79% Added +22.2k +22,156
15 Connor, Clark & Lunn Investment Management Ltd. 1.38% of their portfolio VANCOUVER, A1 12,458,97712.5m $240.4m $240.4m 1.38% Reduced -1.0m -1,040,570
16 Invesco Ltd. 0.05% of their portfolio ATLANTA, GA 8,315,5788.3m $160.6m $160.6m 0.05% Added +474.7k +474,737
17 BANK OF AMERICA CORP /DE/ 0.02% of their portfolio CHARLOTTE, NC 7,964,2758.0m $153.8m $153.8m 0.02% Added +1.1m +1,084,845
18 Federation des caisses Desjardins du Quebec 1.75% of their portfolio LEVIS, A8 7,589,8827.6m $148.1m $148.1m 1.75% Added +805.3k +805,317
19 FIL Ltd 0.17% of their portfolio HAMILTON, D0 7,385,4397.4m $142.5m $142.5m 0.17% Reduced -7.3m -7,258,660
20 LETKO, BROSSEAU & ASSOCIATES INC 2.49% of their portfolio MONTREAL, A8 7,179,8237.2m $138.5m $138.5m 2.49% Reduced -280.8k -280,779
21 TD Waterhouse Canada Inc. 2.06% of their portfolio TORONTO, A6 7,163,4497.2m $187.9m $187.9m 2.06% Added +127.9k +127,909
22 FRANKLIN RESOURCES INC 0.07% of their portfolio San Mateo, CA 6,636,4146.6m $128.1m $128.1m 0.07% Reduced -1.8m -1,790,087
23 OMERS ADMINISTRATION Corp 1.97% of their portfolio TORONTO, A6 6,379,8006.4m $123.0m $123.0m 1.97% Unchanged
24 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 6,185,6326.2m $119.4m $119.4m 0.01% Added +616.7k +616,700
25 Beutel, Goodman & Co Ltd. 0.69% of their portfolio TORONTO, A6 5,909,4505.9m $114.0m $114.0m 0.69% Reduced -51.9k -51,911
26 JANUS HENDERSON GROUP PLC 0.08% of their portfolio LONDON, X0 5,650,8305.7m $109.1m $109.1m 0.08% Reduced -4.6m -4,559,412
27 FIRST TRUST ADVISORS LP 0.13% of their portfolio Wheaton, IL 5,484,6105.5m $105.9m $105.9m 0.13% Added +776.9k +776,857
28 AGF MANAGEMENT LTD 0.74% of their portfolio TORONTO, A6 5,255,7485.3m $101.4m $101.4m 0.74% First filing
29 Alberta Investment Management Corp 0.86% of their portfolio EDMONTON, A0 5,019,8185.0m $96.8m $96.8m 0.86% Reduced -327.6k -327,615
30 GUARDIAN CAPITAL LP 3.08% of their portfolio TORONTO, A6 4,850,1184.9m $93.5m $93.5m 3.08% Reduced -7.2k -7,162
31 NORGES BANK 0.02% of their portfolio OSLO, Q8 4,729,6904.7m $91.3m $91.3m 0.02% Added +383.3k +383,287
32 Caisse de depot et placement du Quebec 0.23% of their portfolio Montreal, A8 3,802,0393.8m $73.3m $73.3m 0.23% Reduced -328.0k -328,000
33 BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.80% of their portfolio VICTORIA, A1 3,779,5153.8m $72.9m $72.9m 0.80% Reduced -74.6k -74,572
34 Schonfeld Strategic Advisors LLC 0.58% of their portfolio NEW YORK, NY 3,596,2763.6m $69.4m $69.4m 0.58% Added +1.7m +1,672,076
35 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 3,474,0793.5m $67.1m $67.1m 0.01% Added +46.4k +46,447
36 RENAISSANCE TECHNOLOGIES LLC 0.09% of their portfolio NEW YORK, NY 3,280,0663.3m $63.3m $63.3m 0.09% Reduced -140.4k -140,400
37 FMR LLC 0.01% of their portfolio BOSTON, MA 3,019,4093.0m $58.3m $58.3m 0.01% Reduced -3.3m -3,259,440
38 MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.02% of their portfolio Boston, MA 2,996,1423.0m $57.9m $57.9m 0.02% Reduced -87.3k -87,340
39 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.10% of their portfolio FRANKFURT AM MAIN, 2M 2,944,3552.9m $56.8m $56.8m 0.10% Added +140.6k +140,590
40 Amundi 0.03% of their portfolio Paris, I0 2,391,9042.4m $48.5m $48.5m 0.03% Added +944.0k +943,958
41 AEGON ASSET MANAGEMENT UK Plc 0.82% of their portfolio EDINBURGH, X0 2,353,6752.4m $45.4m $45.4m 0.82% Not comparable
42 DUFF & PHELPS INVESTMENT MANAGEMENT CO 0.55% of their portfolio CHICAGO, IL 2,349,5002.3m $45.3m $45.3m 0.55% Unchanged
43 DekaBank Deutsche Girozentrale 0.12% of their portfolio FRANKFURT, 2M 2,291,1132.3m $44.5m $44.5m 0.12% Added +28.8k +28,768
44 MONTRUSCO BOLTON INVESTMENTS INC. 1.01% of their portfolio MONTREAL, A8 2,260,0422.3m $43.6m $43.6m 1.01% Reduced -25.2k -25,153
45 INTACT INVESTMENT MANAGEMENT INC. 1.88% of their portfolio MONTREAL, A8 2,248,3522.2m $43.4m $43.4m 1.88% Reduced -771.2k -771,209
46 NEUBERGER BERMAN GROUP LLC 0.04% of their portfolio NEW YORK, NY 2,152,9492.2m $41.5m $41.5m 0.04% Reduced -33.9k -33,857
47 BlackRock Inc. 0.00% of their portfolio New York, NY 2,093,7612.1m $40.4m $40.4m 0.00% Reduced -151.5k -151,523
48 Triasima Portfolio Management inc. 2.94% of their portfolio MONTREAL, A8 1,992,8312.0m $38.4m $38.4m 2.94% Reduced -80.3k -80,323
49 Swiss National Bank 0.03% of their portfolio ZURICH, V8 1,976,3652.0m $38.1m $38.1m 0.03% Reduced -110.3k -110,300
50 APG Asset Management N.V. 0.09% of their portfolio Amsterdam, P7 1,788,0031.8m $46.7m $46.7m 0.09% Added +507.1k +507,093
51 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 1,670,7821.7m $33.6m $33.6m 0.00% Reduced -11.8k -11,803
52 Sumitomo Mitsui Trust Group, Inc. 0.03% of their portfolio CHIYODA-KU, TOKYO, M0 1,644,4501.6m $31.8m $31.8m 0.03% Added +705 +705
53 Nexus Investment Management ULC 3.53% of their portfolio TORONTO, A6 1,617,9981.6m $31.2m $31.2m 3.53% Added +22.8k +22,830
54 CITADEL ADVISORS LLC 0.04% of their portfolio MIAMI, FL 1,615,4951.6m $31.2m $31.2m 0.04% Added +715.5k +715,467
55 CIDEL ASSET MANAGEMENT INC 1.41% of their portfolio TORONTO, A6 1,558,3671.6m $30.1m $30.1m 1.41% Reduced -143.0k -143,006
56 FEDERATED HERMES, INC. 0.08% of their portfolio PITTSBURGH, PA 1,542,9731.5m $29.8m $29.8m 0.08% Added +64.7k +64,677
57 AXIOM INVESTORS LLC /DE 0.57% of their portfolio GREENWICH, CT 1,502,5601.5m $29.0m $29.0m 0.57% Added +153.0k +153,040
58 MORGUARD LINCLUDEN GLOBAL INVESTMENTS Ltd 3.40% of their portfolio MISSISSAUGA, A6 1,486,3461.5m $28.7m $28.7m 3.40% Reduced -42.5k -42,482
59 CANADA PENSION PLAN INVESTMENT BOARD 0.05% of their portfolio TORONTO ONTARIO, A6 1,383,8851.4m $26.7m $26.7m 0.05% Reduced -51.3k -51,300
60 AVIVA PLC 0.13% of their portfolio LONDON, X0 1,380,4621.4m $26.7m $26.7m 0.13% Added +314.5k +314,454
61 Man Group plc 0.09% of their portfolio LONDON, X0 1,309,0851.3m $25.3m $25.3m 0.09% Added +89.0k +89,043
62 BANK OF NOVA SCOTIA TRUST CO 2.63% of their portfolio TORONTO, A6 1,256,6331.3m $24.3m $24.3m 2.63% Added +54.4k +54,380
63 MILLENNIUM MANAGEMENT LLC 0.03% of their portfolio NEW YORK, NY 1,232,6021.2m $23.8m $23.8m 0.03% Added +602.6k +602,647
64 CITIGROUP INC 0.03% of their portfolio NEW YORK, NY 1,168,4971.2m $22.5m $22.5m 0.03% Added +76.9k +76,910
65 Qube Research & Technologies Ltd 0.12% of their portfolio LONDON, X0 1,048,3281.0m $20.2m $20.2m 0.12% Added +873.8k +873,828
66 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.10% of their portfolio TORONTO, A6 1,022,1321.0m $19.7m $19.7m 0.10% Added +936.1k +936,118
67 JARISLOWSKY, FRASER Ltd 0.13% of their portfolio MONTREAL, A8 1,021,4081.0m $19.7m $19.7m 0.13% Reduced -10.7k -10,678
68 Heathbridge Capital Management Ltd. 7.38% of their portfolio TORONTO, A6 996,545996.5k $19.2m $19.2m 7.38% Reduced -11.9k -11,900
69 Scheer, Rowlett & Associates Investment Management Ltd. 1.50% of their portfolio TORONTO, A6 928,920928.9k $17.9m $17.9m 1.50% Reduced -19.0k -19,048
70 CANADA LIFE ASSURANCE Co 0.05% of their portfolio WINNIPEG, A2 890,009890.0k $17.2m $17.2m 0.05% Added +15.2k +15,169
71 DEUTSCHE BANK AG\ 0.01% of their portfolio FRANKFURT AM MAIN, 2M 830,454830.5k $16.0m $16.0m 0.01% Reduced -16.5k -16,461
72 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 796,718796.7k $15.4m $15.4m 0.00% Added +13.4k +13,369
73 GUARDIAN CAPITAL ADVISORS LP 1.83% of their portfolio TORONTO, A6 786,881786.9k $16.1m $16.1m 1.83% Added +3.1k +3,146
74 BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.07% of their portfolio Paris, I0 766,663766.7k $20.0m $20.0m 0.07% Reduced -121.9k -121,854
75 D. E. Shaw & Co., Inc. 0.02% of their portfolio New York, NY 699,278699.3k $13.5m $13.5m 0.02% Reduced -774.2k -774,200
76 VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.07% of their portfolio JUPITER, FL 694,009694.0k $13.4m $13.4m 0.07% Reduced -43.4k -43,392
77 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 693,161693.2k $16.0m $16.0m 0.01% Added +45.4k +45,384
78 Onex Canada Asset Management Inc. 0.75% of their portfolio TORONTO, A6 693,026693.0k $13.4m $13.4m 0.75% Reduced -268.1k -268,129
79 Northwest & Ethical Investments L.P. 0.46% of their portfolio TORONTO, A6 686,556686.6k $13.2m $13.2m 0.46% Reduced -22.7k -22,692
80 Credential Qtrade Securities Inc. 0.90% of their portfolio VANCOUVER, A1 651,978652.0k $12.6m $12.6m 0.90% Reduced -2.9k -2,862
81 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 651,561651.6k $12.6m $12.6m 0.00% Added +32.8k +32,799
82 CREDIT SUISSE AG/ 0.01% of their portfolio ZURICH, V8 572,635572.6k $11.1m $11.1m 0.01% Added +172.2k +172,230
83 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 571,424571.4k $11.0m $11.0m 0.00% Reduced -68.2k -68,248
84 REAVES W H & CO INC 0.39% of their portfolio JERSEY CITY, NJ 559,971560.0k $10.8m $10.8m 0.39% Reduced -34.3k -34,272
85 Baskin Financial Services Inc. 1.24% of their portfolio TORONTO, A6 554,915554.9k $10.7m $10.7m 1.24% Added +3.1k +3,103
86 Cubist Systematic Strategies, LLC 0.09% of their portfolio STAMFORD, CT 536,503536.5k $10.4m $10.4m 0.09% Added +281.1k +281,120
87 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 512,672512.7k $9.9m $9.9m 0.01% Added +61.6k +61,551
88 HSBC HOLDINGS PLC 0.01% of their portfolio LONDON, X0 510,608510.6k $9.8m $9.8m 0.01% Added +337.2k +337,156
89 Russell Investments Group, Ltd. 0.02% of their portfolio Seattle, WA 491,083491.1k $9.5m $9.5m 0.02% Reduced -63.0k -63,031
90 GABELLI FUNDS LLC 0.07% of their portfolio Rye, NY 479,000479.0k $9.2m $9.2m 0.07% Reduced -2.0k -2,000
91 NORDEA INVESTMENT MANAGEMENT AB 0.01% of their portfolio STOCKHOLM, V7 477,964478.0k $9.3m $9.3m 0.01% Added +399.6k +399,622
92 RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio ST PETERSBURG, FL 476,512476.5k $9.2m $9.2m 0.01% Reduced -3.7k -3,741
93 Hillsdale Investment Management Inc. 0.68% of their portfolio Toronto, A6 415,018415.0k $8.0m $8.0m 0.68% Added +49.0k +48,960
94 UBS Group AG 0.00% of their portfolio ZURICH, V8 353,202353.2k $6.8m $6.8m 0.00% Added +313.4k +313,447
95 USS Investment Management Ltd 0.10% of their portfolio London, X0 352,872352.9k $6.8m $6.8m 0.10% Added +186.0k +185,955
96 Azimuth Capital Investment Management LLC 0.33% of their portfolio BLOOMFIELD HILLS, MI 341,065341.1k $6.6m $6.6m 0.33% Reduced -125.3k -125,300
97 Summit Financial Wealth Advisors, LLC 1.56% of their portfolio Lafayette, LA 335,641335.6k $6.5m $6.5m 1.56% Reduced -8.1k -8,061
98 LANDSCAPE CAPITAL MANAGEMENT, L.L.C. 0.91% of their portfolio Englewood, NJ 319,292319.3k $6.2m $6.2m 0.91% Added +284.8k +284,831
99 NICOLA WEALTH MANAGEMENT LTD. 0.62% of their portfolio VANCOUVER, A1 315,000315.0k $6.1m $6.1m 0.62% Added +44.6k +44,600
100 Clean Yield Group 2.48% of their portfolio NORWICH, VT 298,734298.7k $5.8m $5.8m 2.48% Added +13.4k +13,435