Vault-13

TELUS CORPORATION TU

COM · Common Stock · CUSIP 87971M103 · ISIN CA87971M1032

Canadian telecommunications company

310 institutional holders -12 vs Q4 2022
705,718,769705.7m shares reported held*
49.3% of all shares outstanding*
$14.1bnreported value*
31 new 121 added 109 reduced 40 sold out net sold ≈ $94.8m (-5.7m 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 ($479.1m 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 ≈ $20.02. Options: 13 managers hold calls ($46.5m notional), 10 hold puts ($26.8m).

Trends to Q1 2023

Institutional holders

Managers reporting a position, each quarter

0200400Q3 22: 314Q4 22: 322Q1 23: 310310Q3 22Q4 22Q1 23
Numbers
QuarterHolders
Q3 2022314
Q4 2022322
Q1 2023310

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
2000200Q4 22: 157 bought or addedQ4 22: 145 cut or sold outQ4 22Q1 23: 152 bought or addedQ1 23: 149 cut or sold outQ1 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022157145
Q1 2023152149

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 0.23Q1 23 calls: $46.5mQ1 23 puts: $26.8mQ1 23P/C 0.58
Numbers
QuarterCallsPutsP/C
Q3 2022$31.3m$11.3m0.36
Q4 2022$43.8m$10.0m0.23
Q1 2023$46.5m$26.8m0.58

Biggest buyers

ROYAL BANK OF CANADA Added +5,688,756+5.7m
BANK OF MONTREAL /CAN/ Added +4,198,733+4.2m
1832 Asset Management L.P. Added +2,176,610+2.2m
GOLDMAN SACHS GROUP INC Added +1,917,559+1.9m
Beutel, Goodman & Co Ltd. Added +1,484,870+1.5m
CIBC WORLD MARKET INC. Added +1,188,635+1.2m
Man Group plc New +1,182,871+1.2m
MACKENZIE FINANCIAL CORP Added +1,147,311+1.1m
Invesco Ltd. Added +904,875+904.9k
INTACT INVESTMENT MANAGEMENT INC. Added +650,360+650.4k

Biggest sellers

FIL Ltd Reduced -4,491,199-4.5m
BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp Reduced -3,159,740-3.2m
Schonfeld Strategic Advisors LLC Reduced -2,839,239-2.8m
FMR LLC Reduced -2,093,933-2.1m
RENAISSANCE TECHNOLOGIES LLC Reduced -1,782,200-1.8m
BANK OF AMERICA CORP /DE/ Reduced -1,753,321-1.8m
Alberta Investment Management Corp Reduced -1,511,840-1.5m
AXIOM INVESTORS LLC /DE Sold out -1,502,560-1.5m
Man Group plc Sold out -1,309,085-1.3m
Connor, Clark & Lunn Investment Management Ltd. Reduced -1,248,685-1.2m

Biggest calls

ROYAL BANK OF CANADA Reduced $14.3m720.6k shares
BANK OF MONTREAL /CAN/ Added $10.2m511.2k shares
BANK OF AMERICA CORP /DE/ New $7.9m400.0k shares
HSBC HOLDINGS PLC Unchanged $5.0m250.0k shares
JANE STREET GROUP, LLC New $2.6m130.0k shares
CITADEL ADVISORS LLC Added $2.1m104.8k shares
CIBC WORLD MARKET INC. Reduced $2.0m100.0k shares
SIG North Trading, ULC Reduced $1.7m86.5k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $415.1k20.9k shares
Walleye Trading LLC Added $131.1k6.6k shares

Biggest puts

ROYAL BANK OF CANADA Added $13.9m700.0k shares
CIBC WORLD MARKET INC. Added $3.0m150.0k shares
JANE STREET GROUP, LLC New $2.6m130.0k shares
SIG North Trading, ULC Added $2.5m123.5k shares
UBS Group AG New $2.0m100.0k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP New $1.4m69.2k shares
CITADEL ADVISORS LLC Added $812.3k40.9k shares
Walleye Trading LLC Added $637.5k32.1k shares
SIMPLEX TRADING, LLC Added $109.0k5.5k 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.

Insider purchases and sales in Q1 2023

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 Q1 2023.

Holders, Q1 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 ROYAL BANK OF CANADA 0.92% of their portfolio TORONTO, A6 155,416,522155.4m $3.1bn $3.1bn 0.92% Added +5.7m +5,688,756
2 MACKENZIE FINANCIAL CORP 1.88% of their portfolio TORONTO ONTARIO, A6 60,785,19760.8m $1.2bn $1.2bn 1.88% Added +1.1m +1,147,311
3 BANK OF MONTREAL /CAN/ 0.48% of their portfolio TORONTO, A6 57,039,00457.0m $1.1bn $1.1bn 0.48% Added +4.2m +4,198,733
4 TD Asset Management Inc 0.96% of their portfolio Toronto, A6 40,133,20440.1m $795.6m $795.6m 0.96% Reduced -113.3k -113,293
5 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.41% of their portfolio Toronto, A6 36,695,42036.7m $728.1m $728.1m 0.41% Reduced -1.1m -1,117,184
6 1832 Asset Management L.P. 1.21% of their portfolio TORONTO, A6 29,500,10529.5m $585.9m $585.9m 1.21% Added +2.2m +2,176,610
7 CIBC WORLD MARKET INC. 1.67% of their portfolio TORONTO, A6 23,292,44223.3m $462.4m $462.4m 1.67% Added +1.2m +1,188,635
8 CIBC Asset Management Inc 1.86% of their portfolio TORONTO, Z4 23,200,99923.2m $460.1m $460.1m 1.86% Added +274.6k +274,643
9 BANK OF NOVA SCOTIA 1.29% of their portfolio TORONTO, A6 21,894,67221.9m $434.6m $434.6m 1.29% Added +233.5k +233,506
10 VANGUARD GROUP INC 0.01% of their portfolio Valley Forge, PA 20,865,15720.9m $414.4m $414.4m 0.01% Added +530.7k +530,710
11 NATIONAL BANK OF CANADA /FI/ 0.97% of their portfolio MONTREAL, A8 18,098,50718.1m $358.8m $358.8m 0.97% Reduced -19.3k -19,280
12 TORONTO DOMINION BANK 0.53% of their portfolio TORONTO, ONTARIO, A6 14,672,73514.7m $325.5m $325.5m 0.53% Reduced -174.3k -174,349
13 SCOTIA CAPITAL INC. 2.05% of their portfolio TORONTO, A6 14,132,36314.1m $280.5m $280.5m 2.05% Added +595.1k +595,113
14 Fiera Capital Corp 0.81% of their portfolio MONTREAL, A8 13,739,39513.7m $272.6m $272.6m 0.81% Added +636.9k +636,888
15 Connor, Clark & Lunn Investment Management Ltd. 1.21% of their portfolio VANCOUVER, A1 11,210,29211.2m $222.5m $222.5m 1.21% Reduced -1.2m -1,248,685
16 Invesco Ltd. 0.05% of their portfolio ATLANTA, GA 9,220,4539.2m $183.1m $183.1m 0.05% Added +904.9k +904,875
17 Federation des caisses Desjardins du Quebec 1.80% of their portfolio LEVIS, A8 8,141,4108.1m $163.0m $163.0m 1.80% Added +551.5k +551,528
18 Beutel, Goodman & Co Ltd. 0.86% of their portfolio TORONTO, A6 7,394,3207.4m $146.6m $146.6m 0.86% Added +1.5m +1,484,870
19 TD Waterhouse Canada Inc. 2.04% of their portfolio TORONTO, A6 7,331,3937.3m $197.0m $197.0m 2.04% Added +167.9k +167,944
20 LETKO, BROSSEAU & ASSOCIATES INC 2.68% of their portfolio MONTREAL, A8 7,226,4737.2m $143.3m $143.3m 2.68% Added +46.6k +46,650
21 FRANKLIN RESOURCES INC 0.07% of their portfolio San Mateo, CA 6,767,0296.8m $134.3m $134.3m 0.07% Added +130.6k +130,615
22 OMERS ADMINISTRATION Corp 1.95% of their portfolio TORONTO, A6 6,379,8006.4m $126.5m $126.5m 1.95% Unchanged
23 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 6,210,9546.2m $123.3m $123.3m 0.01% Reduced -1.8m -1,753,321
24 JANUS HENDERSON GROUP PLC 0.07% of their portfolio LONDON, X0 5,595,8175.6m $111.0m $111.0m 0.07% Reduced -55.0k -55,013
25 FIRST TRUST ADVISORS LP 0.13% of their portfolio Wheaton, IL 5,580,2115.6m $110.8m $110.8m 0.13% Added +95.6k +95,601
26 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 5,032,4875.0m $99.9m $99.9m 0.01% Reduced -1.2m -1,153,145
27 GUARDIAN CAPITAL LP 3.10% of their portfolio TORONTO, A6 4,901,7074.9m $97.2m $97.2m 3.10% Added +51.6k +51,589
28 NORGES BANK 0.02% of their portfolio OSLO, Q8 4,765,3194.8m $94.6m $94.6m 0.02% Added +35.6k +35,629
29 AGF MANAGEMENT LTD 0.59% of their portfolio TORONTO, A6 4,330,0574.3m $86.0m $86.0m 0.59% Reduced -925.7k -925,691
30 Caisse de depot et placement du Quebec 0.23% of their portfolio Montreal, A8 4,122,2594.1m $81.7m $81.7m 0.23% Added +320.2k +320,220
31 Alberta Investment Management Corp 0.68% of their portfolio EDMONTON, A0 3,507,9783.5m $69.5m $69.5m 0.68% Reduced -1.5m -1,511,840
32 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 3,453,7843.5m $68.6m $68.6m 0.01% Reduced -20.3k -20,295
33 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.11% of their portfolio FRANKFURT AM MAIN, 2M 3,176,7463.2m $63.0m $63.0m 0.11% Added +232.4k +232,391
34 MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.02% of their portfolio Boston, MA 3,006,4393.0m $59.7m $59.7m 0.02% Added +10.3k +10,297
35 INTACT INVESTMENT MANAGEMENT INC. 2.37% of their portfolio MONTREAL, A8 2,898,7122.9m $57.5m $57.5m 2.37% Added +650.4k +650,360
36 FIL Ltd 0.07% of their portfolio HAMILTON, D0 2,894,2402.9m $57.5m $57.5m 0.07% Reduced -4.5m -4,491,199
37 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 2,714,2772.7m $53.9m $53.9m 0.01% Added +1.9m +1,917,559
38 AEGON ASSET MANAGEMENT UK Plc 0.82% of their portfolio EDINBURGH, X0 2,361,6242.4m $46.9m $46.9m 0.82% Added +7.9k +7,949
39 DUFF & PHELPS INVESTMENT MANAGEMENT CO 0.57% of their portfolio CHICAGO, IL 2,349,5002.3m $46.6m $46.6m 0.57% Unchanged
40 BlackRock Inc. 0.00% of their portfolio New York, NY 2,292,3632.3m $45.5m $45.5m 0.00% Added +198.6k +198,602
41 DekaBank Deutsche Girozentrale 0.11% of their portfolio FRANKFURT, 2M 2,247,5352.2m $44.7m $44.7m 0.11% Reduced -43.6k -43,578
42 MONTRUSCO BOLTON INVESTMENTS INC. 0.92% of their portfolio MONTREAL, A8 2,242,7162.2m $44.5m $44.5m 0.92% Reduced -17.3k -17,326
43 Amundi 0.02% of their portfolio Paris, I0 2,159,4872.2m $44.9m $44.9m 0.02% Reduced -232.4k -232,417
44 APG Asset Management N.V. 0.08% of their portfolio Amsterdam, P7 2,038,2232.0m $37.2m $37.2m 0.08% Added +250.2k +250,220
45 NEUBERGER BERMAN GROUP LLC 0.04% of their portfolio NEW YORK, NY 1,980,0302.0m $39.3m $39.3m 0.04% Reduced -172.9k -172,919
46 AVIVA PLC 0.17% of their portfolio LONDON, X0 1,945,2891.9m $38.6m $38.6m 0.17% Added +564.8k +564,827
47 Swiss National Bank 0.03% of their portfolio ZURICH, V8 1,909,2651.9m $37.9m $37.9m 0.03% Reduced -67.1k -67,100
48 CITADEL ADVISORS LLC 0.04% of their portfolio MIAMI, FL 1,763,3441.8m $35.0m $35.0m 0.04% Added +147.8k +147,849
49 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 1,728,9381.7m $35.7m $35.7m 0.00% Added +58.2k +58,156
50 Sumitomo Mitsui Trust Group, Inc. 0.03% of their portfolio CHIYODA-KU, TOKYO, M0 1,722,8651.7m $34.2m $34.2m 0.03% Added +78.4k +78,415
51 Nexus Investment Management ULC 3.54% of their portfolio TORONTO, A6 1,618,6981.6m $32.1m $32.1m 3.54% Added +700 +700
52 FEDERATED HERMES, INC. 0.08% of their portfolio PITTSBURGH, PA 1,553,8251.6m $30.9m $30.9m 0.08% Added +10.9k +10,852
53 CIDEL ASSET MANAGEMENT INC 1.39% of their portfolio TORONTO, A6 1,529,2131.5m $30.3m $30.3m 1.39% Reduced -29.2k -29,154
54 RENAISSANCE TECHNOLOGIES LLC 0.04% of their portfolio NEW YORK, NY 1,497,8661.5m $29.7m $29.7m 0.04% Reduced -1.8m -1,782,200
55 MORGUARD LINCLUDEN GLOBAL INVESTMENTS Ltd 3.43% of their portfolio MISSISSAUGA, A6 1,485,6031.5m $29.4m $29.4m 3.43% Reduced -743 -743
56 BANK OF NOVA SCOTIA TRUST CO 3.08% of their portfolio TORONTO, A6 1,411,3691.4m $28.0m $28.0m 3.08% Added +154.7k +154,736
57 CITIGROUP INC 0.03% of their portfolio NEW YORK, NY 1,307,2371.3m $25.9m $25.9m 0.03% Added +138.7k +138,740
58 Man Group plc 0.08% of their portfolio LONDON, X0 1,182,8711.2m $23.5m $23.5m 0.08% New
59 Scheer, Rowlett & Associates Investment Management Ltd. 1.85% of their portfolio TORONTO, A6 1,126,9881.1m $22.4m $22.4m 1.85% Added +198.1k +198,068
60 JARISLOWSKY, FRASER Ltd 0.12% of their portfolio MONTREAL, A8 1,004,8751.0m $19.9m $19.9m 0.12% Reduced -16.5k -16,533
61 Heathbridge Capital Management Ltd. 7.89% of their portfolio TORONTO, A6 944,145944.1k $18.7m $18.7m 7.89% Reduced -52.4k -52,400
62 FMR LLC 0.00% of their portfolio BOSTON, MA 925,476925.5k $18.4m $18.4m 0.00% Reduced -2.1m -2,093,933
63 CANADA LIFE ASSURANCE Co 0.04% of their portfolio WINNIPEG, A2 892,432892.4k $17.7m $17.7m 0.04% Added +2.4k +2,423
64 DEUTSCHE BANK AG\ 0.01% of their portfolio FRANKFURT AM MAIN, 2M 854,827854.8k $17.0m $17.0m 0.01% Added +24.4k +24,373
65 Triasima Portfolio Management inc. 1.38% of their portfolio MONTREAL, A8 842,718842.7k $16.7m $16.7m 1.38% Reduced -1.2m -1,150,113
66 GUARDIAN CAPITAL ADVISORS LP 1.97% of their portfolio TORONTO, A6 819,114819.1k $17.1m $17.1m 1.97% Added +32.2k +32,233
67 BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.08% of their portfolio Paris, I0 816,395816.4k $21.9m $21.9m 0.08% Added +49.7k +49,732
68 CANADA PENSION PLAN INVESTMENT BOARD 0.02% of their portfolio TORONTO ONTARIO, A6 792,085792.1k $15.7m $15.7m 0.02% Reduced -591.8k -591,800
69 Schonfeld Strategic Advisors LLC 0.14% of their portfolio NEW YORK, NY 757,037757.0k $15.0m $15.0m 0.14% Reduced -2.8m -2,839,239
70 NICOLA WEALTH MANAGEMENT LTD. 1.38% of their portfolio VANCOUVER, A1 703,000703.0k $13.9m $13.9m 1.38% Added +388.0k +388,000
71 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.08% of their portfolio TORONTO, A6 699,916699.9k $13.9m $13.9m 0.08% Reduced -322.2k -322,216
72 Onex Canada Asset Management Inc. 0.73% of their portfolio TORONTO, A6 673,568673.6k $13.4m $13.4m 0.73% Reduced -19.5k -19,458
73 Credential Qtrade Securities Inc. 0.88% of their portfolio VANCOUVER, A1 667,745667.7k $13.3m $13.3m 0.88% Added +15.8k +15,767
74 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 652,002652.0k $12.9m $12.9m 0.00% Added +441 +441
75 RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio ST PETERSBURG, FL 644,983645.0k $12.8m $12.8m 0.01% Added +168.5k +168,471
76 HSBC HOLDINGS PLC 0.02% of their portfolio LONDON, X0 636,179636.2k $12.6m $12.6m 0.02% Added +125.6k +125,571
77 Qube Research & Technologies Ltd 0.07% of their portfolio LONDON, X0 634,647634.6k $12.6m $12.6m 0.07% Reduced -413.7k -413,681
78 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 625,992626.0k $14.7m $14.7m 0.00% Reduced -67.2k -67,169
79 BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.13% of their portfolio VICTORIA, A1 619,775619.8k $12.3m $12.3m 0.13% Reduced -3.2m -3,159,740
80 Northwest & Ethical Investments L.P. 0.41% of their portfolio TORONTO, A6 616,906616.9k $12.2m $12.2m 0.41% Reduced -69.7k -69,650
81 VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.06% of their portfolio JUPITER, FL 614,165614.2k $12.2m $12.2m 0.06% Reduced -79.8k -79,844
82 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 590,834590.8k $11.7m $11.7m 0.00% Added +19.4k +19,410
83 Baskin Financial Services Inc. 1.18% of their portfolio TORONTO, A6 568,030568.0k $11.3m $11.3m 1.18% Added +13.1k +13,115
84 REAVES W H & CO INC 0.40% of their portfolio JERSEY CITY, NJ 563,207563.2k $11.2m $11.2m 0.40% Added +3.2k +3,236
85 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 547,135547.1k $10.9m $10.9m 0.01% Added +34.5k +34,463
86 Russell Investments Group, Ltd. 0.02% of their portfolio Seattle, WA 541,983542.0k $10.8m $10.8m 0.02% Added +50.9k +50,900
87 CREDIT SUISSE AG/ 0.01% of their portfolio ZURICH, V8 535,213535.2k $10.6m $10.6m 0.01% Reduced -37.4k -37,422
88 GABELLI FUNDS LLC 0.07% of their portfolio Rye, NY 479,000479.0k $9.5m $9.5m 0.07% Unchanged
89 NORDEA INVESTMENT MANAGEMENT AB 0.01% of their portfolio STOCKHOLM, V7 447,994448.0k $8.9m $8.9m 0.01% Reduced -30.0k -29,970
90 Candriam S.C.A. 0.05% of their portfolio STRASSEN, N4 361,735361.7k $6.6m $6.6m 0.05% Added +321.8k +321,779
91 USS Investment Management Ltd 0.10% of their portfolio London, X0 355,629355.6k $7.1m $7.1m 0.10% Added +2.8k +2,757
92 Clean Yield Group 2.91% of their portfolio NORWICH, VT 343,901343.9k $6.8m $6.8m 2.91% Added +45.2k +45,167
93 Summit Financial Wealth Advisors, LLC 1.60% of their portfolio Lafayette, LA 339,157339.2k $6.7m $6.7m 1.60% Added +3.5k +3,516
94 Harvest Portfolios Group Inc. 0.30% of their portfolio Oakville, A6 309,136309.1k $6.1m $6.1m 0.30% New
95 Rempart Asset Management Inc. 1.27% of their portfolio MONTREAL, Z4 289,518289.5k $5.7m $5.7m 1.27% Added +16.3k +16,305
96 OSSIAM 0.12% of their portfolio PARIS, I0 280,236280.2k $5.6m $5.6m 0.12% Added +93.7k +93,703
97 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.09% of their portfolio Stamford, CT 280,045280.0k $5.6m $5.6m 0.09% Reduced -10.7k -10,700
98 Fidelity National Financial, Inc. 0.21% of their portfolio Jacksonville, FL 280,000280.0k $5.6m $5.6m 0.21% Unchanged
99 PRUDENTIAL PLC 0.06% of their portfolio LONDON, X0 267,406267.4k $5.3m $5.3m 0.06% Added +18.1k +18,106
100 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 260,283260.3k $5.2m $5.2m 0.01% Reduced -5.2k -5,238