Vault-13

TELUS CORPORATION TU

COM · Common Stock · CUSIP 87971M103 · ISIN CA87971M1032

Canadian telecommunications company

304 institutional holders -6 vs Q1 2023
727,544,670727.5m shares reported held*
$14.2bnreported value*
22 new 122 added 109 reduced 32 sold out net bought ≈ $414.2m (+22.5m 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 ($499.9m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $19.63. Options: 13 managers hold calls ($60.1m notional), 10 hold puts ($21.0m).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0200400Q3 22: 314Q4 22: 322Q1 23: 310Q2 23: 304304Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 2022314
Q4 2022322
Q1 2023310
Q2 2023304

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 23Q2 23: 144 bought or addedQ2 23: 141 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022157145
Q1 2023152149
Q2 2023144141

Calls vs puts

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

CallsPuts
$0$20m$40m$60m$80mQ3 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 0.58Q2 23 calls: $60.1mQ2 23 puts: $21.0mQ2 23P/C 0.35
Numbers
QuarterCallsPutsP/C
Q3 2022$31.3m$11.3m0.36
Q4 2022$43.8m$10.0m0.23
Q1 2023$46.5m$26.8m0.58
Q2 2023$60.1m$21.0m0.35

Biggest buyers

TORONTO DOMINION BANK Added +15,017,013+15.0m
BANK OF MONTREAL /CAN/ Added +10,499,247+10.5m
ROYAL BANK OF CANADA Added +7,094,144+7.1m
MACKENZIE FINANCIAL CORP Added +4,127,554+4.1m
Man Group plc New +1,543,581+1.5m
CIBC WORLD MARKET INC. Added +1,440,690+1.4m
1832 Asset Management L.P. Added +1,364,319+1.4m
INTACT INVESTMENT MANAGEMENT INC. Added +1,247,790+1.2m
MARSHALL WACE, LLP Added +1,125,624+1.1m
SCOTIA CAPITAL INC. Added +999,705+999.7k

Biggest sellers

MANUFACTURERS LIFE INSURANCE COMPANY, THE Reduced -8,554,182-8.6m
TD Asset Management Inc Reduced -5,572,087-5.6m
CIBC Asset Management Inc Reduced -2,029,000-2.0m
JANUS HENDERSON GROUP PLC Reduced -1,973,971-2.0m
Man Group plc Sold out -1,182,871-1.2m
Connor, Clark & Lunn Investment Management Ltd. Reduced -956,767-956.8k
GOLDMAN SACHS GROUP INC Reduced -908,727-908.7k
AVIVA PLC Reduced -899,728-899.7k
BANK OF NOVA SCOTIA Reduced -797,285-797.3k
Triasima Portfolio Management inc. Reduced -792,956-793.0k

Biggest calls

ROYAL BANK OF CANADA Added $32.1m1.6m shares
BANK OF AMERICA CORP /DE/ Added $9.7m500.0k shares
HSBC HOLDINGS PLC Added $8.8m450.0k shares
SIG North Trading, ULC Added $3.9m201.2k shares
JANE STREET GROUP, LLC Unchanged $2.5m130.0k shares
CIBC WORLD MARKET INC. Unchanged $1.9m100.0k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $445.6k22.9k shares
Walleye Trading LLC Added $342.5k17.6k shares
GROUP ONE TRADING LLC Added $122.6k6.3k shares
SIMPLEX TRADING, LLC Unchanged $87.0k4.5k shares

Biggest puts

ROYAL BANK OF CANADA Reduced $9.7m500.0k shares
CIBC WORLD MARKET INC. Unchanged $2.9m150.0k shares
JANE STREET GROUP, LLC Unchanged $2.5m130.0k shares
BANK OF AMERICA CORP /DE/ New $1.9m100.0k shares
SIG North Trading, ULC Reduced $1.8m92.2k shares
CITADEL ADVISORS LLC Added $1.2m60.5k shares
Walleye Trading LLC Reduced $581.9k29.9k shares
SIMPLEX TRADING, LLC Added $278.0k14.3k 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 Q2 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 Q2 2023.

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 ROYAL BANK OF CANADA 0.88% of their portfolio TORONTO, A6 162,510,666162.5m $3.2bn $3.2bn 0.88% Added +7.1m +7,094,144
2 BANK OF MONTREAL /CAN/ 0.48% of their portfolio TORONTO, A6 67,538,25167.5m $1.3bn $1.3bn 0.48% Added +10.5m +10,499,247
3 MACKENZIE FINANCIAL CORP 1.93% of their portfolio TORONTO ONTARIO, A6 64,912,75164.9m $1.3bn $1.3bn 1.93% Added +4.1m +4,127,554
4 TD Asset Management Inc 0.77% of their portfolio Toronto, A6 34,561,11734.6m $673.3m $673.3m 0.77% Reduced -5.6m -5,572,087
5 1832 Asset Management L.P. 1.17% of their portfolio TORONTO, A6 30,864,42430.9m $600.6m $600.6m 1.17% Added +1.4m +1,364,319
6 TORONTO DOMINION BANK 0.48% of their portfolio TORONTO, ONTARIO, A6 29,689,74829.7m $640.6m $640.6m 0.48% Added +15.0m +15,017,013
7 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.31% of their portfolio Toronto, A6 28,141,23828.1m $547.4m $547.4m 0.31% Reduced -8.6m -8,554,182
8 CIBC WORLD MARKET INC. 1.66% of their portfolio TORONTO, A6 24,733,13224.7m $481.8m $481.8m 1.66% Added +1.4m +1,440,690
9 VANGUARD GROUP INC 0.01% of their portfolio Valley Forge, PA 21,401,46621.4m $416.5m $416.5m 0.01% Added +536.3k +536,309
10 CIBC Asset Management Inc 1.62% of their portfolio TORONTO, Z4 21,171,99921.2m $412.3m $412.3m 1.62% Reduced -2.0m -2,029,000
11 BANK OF NOVA SCOTIA 1.08% of their portfolio TORONTO, A6 21,097,38721.1m $410.6m $410.6m 1.08% Reduced -797.3k -797,285
12 NATIONAL BANK OF CANADA /FI/ 0.68% of their portfolio MONTREAL, A8 17,641,96517.6m $342.5m $342.5m 0.68% Reduced -456.5k -456,542
13 SCOTIA CAPITAL INC. 2.02% of their portfolio TORONTO, A6 15,132,06815.1m $294.1m $294.1m 2.02% Added +999.7k +999,705
14 Fiera Capital Corp 0.79% of their portfolio MONTREAL, A8 13,971,53714.0m $272.3m $272.3m 0.79% Added +232.1k +232,142
15 Connor, Clark & Lunn Investment Management Ltd. 1.00% of their portfolio VANCOUVER, A1 10,253,52510.3m $199.5m $199.5m 1.00% Reduced -956.8k -956,767
16 Invesco Ltd. 0.05% of their portfolio ATLANTA, GA 9,965,55510.0m $193.9m $193.9m 0.05% Added +745.1k +745,102
17 Federation des caisses Desjardins du Quebec 1.64% of their portfolio LEVIS, A8 8,529,1638.5m $167.4m $167.4m 1.64% Added +387.8k +387,753
18 TD Waterhouse Canada Inc. 2.05% of their portfolio TORONTO, A6 7,904,9427.9m $205.2m $205.2m 2.05% Added +573.5k +573,549
19 Beutel, Goodman & Co Ltd. 0.81% of their portfolio TORONTO, A6 7,443,6507.4m $145.0m $145.0m 0.81% Added +49.3k +49,330
20 FRANKLIN RESOURCES INC 0.07% of their portfolio San Mateo, CA 7,042,7577.0m $137.0m $137.0m 0.07% Added +275.7k +275,728
21 LETKO, BROSSEAU & ASSOCIATES INC 2.54% of their portfolio MONTREAL, A8 6,999,6087.0m $136.4m $136.4m 2.54% Reduced -226.9k -226,865
22 OMERS ADMINISTRATION Corp 1.93% of their portfolio TORONTO, A6 6,379,8006.4m $124.3m $124.3m 1.93% Unchanged
23 FIRST TRUST ADVISORS LP 0.13% of their portfolio Wheaton, IL 6,033,5436.0m $117.4m $117.4m 0.13% Added +453.3k +453,332
24 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 5,637,8505.6m $109.7m $109.7m 0.01% Reduced -573.1k -573,104
25 GUARDIAN CAPITAL LP 3.34% of their portfolio TORONTO, A6 5,362,5755.4m $104.5m $104.5m 3.34% Added +460.9k +460,868
26 AGF MANAGEMENT LTD 0.72% of their portfolio TORONTO, A6 5,105,1275.1m $99.3m $99.3m 0.72% Added +775.1k +775,070
27 NORGES BANK 0.02% of their portfolio OSLO, Q8 4,908,3524.9m $95.5m $95.5m 0.02% Added +143.0k +143,033
28 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 4,340,2914.3m $84.5m $84.5m 0.01% Reduced -692.2k -692,196
29 Caisse de depot et placement du Quebec 0.22% of their portfolio Montreal, A8 4,331,8684.3m $84.4m $84.4m 0.22% Added +209.6k +209,609
30 INTACT INVESTMENT MANAGEMENT INC. 3.29% of their portfolio MONTREAL, A8 4,146,5024.1m $80.7m $80.7m 3.29% Added +1.2m +1,247,790
31 JANUS HENDERSON GROUP PLC 0.04% of their portfolio LONDON, X0 3,621,8463.6m $70.5m $70.5m 0.04% Reduced -2.0m -1,973,971
32 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 3,496,3593.5m $68.0m $68.0m 0.01% Added +42.6k +42,575
33 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.10% of their portfolio FRANKFURT AM MAIN, 2M 3,211,2903.2m $62.6m $62.6m 0.10% Added +34.5k +34,544
34 Alberta Investment Management Corp 0.58% of their portfolio EDMONTON, A0 3,120,3003.1m $60.8m $60.8m 0.58% Reduced -387.7k -387,678
35 MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.02% of their portfolio Boston, MA 2,997,0293.0m $58.3m $58.3m 0.02% Reduced -9.4k -9,410
36 AEGON ASSET MANAGEMENT UK Plc 0.74% of their portfolio EDINBURGH, X0 2,356,5362.4m $45.8m $45.8m 0.74% Reduced -5.1k -5,088
37 DUFF & PHELPS INVESTMENT MANAGEMENT CO 0.56% of their portfolio CHICAGO, IL 2,349,5002.3m $45.8m $45.8m 0.56% Unchanged
38 FIL Ltd 0.05% of their portfolio HAMILTON, D0 2,345,7802.3m $45.6m $45.6m 0.05% Reduced -548.5k -548,460
39 BlackRock Inc. 0.00% of their portfolio New York, NY 2,254,8822.3m $43.9m $43.9m 0.00% Reduced -37.5k -37,481
40 MONTRUSCO BOLTON INVESTMENTS INC. 0.67% of their portfolio MONTREAL, A8 2,218,8182.2m $43.2m $43.2m 0.67% Reduced -23.9k -23,898
41 DekaBank Deutsche Girozentrale 0.10% of their portfolio FRANKFURT, 2M 2,211,3002.2m $42.7m $42.7m 0.10% Reduced -36.2k -36,235
42 Amundi 0.02% of their portfolio Paris, I0 2,055,2022.1m $40.3m $40.3m 0.02% Reduced -104.3k -104,285
43 APG Asset Management N.V. 0.07% of their portfolio Amsterdam, P7 2,011,0272.0m $35.9m $35.9m 0.07% Reduced -27.2k -27,196
44 NEUBERGER BERMAN GROUP LLC 0.03% of their portfolio NEW YORK, NY 1,936,5131.9m $37.7m $37.7m 0.03% Reduced -43.5k -43,517
45 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 1,813,7691.8m $36.5m $36.5m 0.00% Added +84.8k +84,831
46 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 1,805,5501.8m $35.1m $35.1m 0.01% Reduced -908.7k -908,727
47 Swiss National Bank 0.02% of their portfolio ZURICH, V8 1,773,2651.8m $34.5m $34.5m 0.02% Reduced -136.0k -136,000
48 MORGUARD LINCLUDEN GLOBAL INVESTMENTS Ltd 3.87% of their portfolio MISSISSAUGA, A6 1,728,0811.7m $33.6m $33.6m 3.87% Added +242.5k +242,478
49 Nexus Investment Management ULC 3.46% of their portfolio TORONTO, A6 1,631,6881.6m $31.8m $31.8m 3.46% Added +13.0k +12,990
50 FEDERATED HERMES, INC. 0.07% of their portfolio PITTSBURGH, PA 1,548,9961.5m $30.1m $30.1m 0.07% Reduced -4.8k -4,829
51 Man Group plc 0.09% of their portfolio LONDON, X0 1,543,5811.5m $30.0m $30.0m 0.09% New
52 CITADEL ADVISORS LLC 0.03% of their portfolio MIAMI, FL 1,510,1511.5m $29.4m $29.4m 0.03% Reduced -253.2k -253,193
53 BANK OF NOVA SCOTIA TRUST CO 2.94% of their portfolio TORONTO, A6 1,446,5021.4m $28.1m $28.1m 2.94% Added +35.1k +35,133
54 Sumitomo Mitsui Trust Group, Inc. 0.02% of their portfolio CHIYODA-KU, TOKYO, M0 1,406,8741.4m $27.4m $27.4m 0.02% Reduced -316.0k -315,991
55 CITIGROUP INC 0.03% of their portfolio NEW YORK, NY 1,231,4271.2m $24.0m $24.0m 0.03% Reduced -75.8k -75,810
56 CIDEL ASSET MANAGEMENT INC 1.05% of their portfolio TORONTO, A6 1,188,0421.2m $23.1m $23.1m 1.05% Reduced -341.2k -341,171
57 Scheer, Rowlett & Associates Investment Management Ltd. 1.80% of their portfolio TORONTO, A6 1,157,5931.2m $22.5m $22.5m 1.80% Added +30.6k +30,605
58 MARSHALL WACE, LLP 0.05% of their portfolio LONDON, X0 1,150,2241.2m $22.4m $22.4m 0.05% Added +1.1m +1,125,624
59 Schonfeld Strategic Advisors LLC 0.19% of their portfolio NEW YORK, NY 1,134,4601.1m $22.1m $22.1m 0.19% Added +377.4k +377,423
60 JARISLOWSKY, FRASER Ltd 0.13% of their portfolio MONTREAL, A8 1,097,6441.1m $21.4m $21.4m 0.13% Added +92.8k +92,769
61 AVIVA PLC 0.08% of their portfolio LONDON, X0 1,045,5611.0m $20.4m $20.4m 0.08% Reduced -899.7k -899,728
62 CANADA LIFE ASSURANCE Co 0.04% of their portfolio WINNIPEG, A2 965,388965.4k $18.9m $18.9m 0.04% Added +73.0k +72,956
63 Rockefeller Capital Management L.P. 0.07% of their portfolio NEW YORK, NY 864,650864.6k $16.8m $16.8m 0.07% First filing
64 DEUTSCHE BANK AG\ 0.01% of their portfolio FRANKFURT AM MAIN, 2M 863,419863.4k $16.8m $16.8m 0.01% Added +8.6k +8,592
65 GUARDIAN CAPITAL ADVISORS LP 1.83% of their portfolio TORONTO, A6 860,930860.9k $16.1m $16.1m 1.83% Added +41.8k +41,816
66 RENAISSANCE TECHNOLOGIES LLC 0.02% of their portfolio NEW YORK, NY 842,800842.8k $16.4m $16.4m 0.02% Reduced -655.1k -655,066
67 BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.07% of their portfolio Paris, I0 837,796837.8k $21.6m $21.6m 0.07% Added +21.4k +21,401
68 Qube Research & Technologies Ltd 0.06% of their portfolio LONDON, X0 808,815808.8k $15.7m $15.7m 0.06% Added +174.2k +174,168
69 CANADA PENSION PLAN INVESTMENT BOARD 0.02% of their portfolio TORONTO ONTARIO, A6 792,085792.1k $15.4m $15.4m 0.02% Unchanged
70 NICOLA WEALTH MANAGEMENT LTD. 1.49% of their portfolio VANCOUVER, A1 778,700778.7k $15.2m $15.2m 1.49% Added +75.7k +75,700
71 Heathbridge Capital Management Ltd. 6.24% of their portfolio TORONTO, A6 736,045736.0k $14.3m $14.3m 6.24% Reduced -208.1k -208,100
72 RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio ST PETERSBURG, FL 696,475696.5k $13.6m $13.6m 0.01% Added +51.5k +51,492
73 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 685,361685.4k $13.3m $13.3m 0.00% Added +33.4k +33,359
74 Credential Qtrade Securities Inc. 0.80% of their portfolio VANCOUVER, A1 657,098657.1k $12.8m $12.8m 0.80% Reduced -10.6k -10,647
75 BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.12% of their portfolio VICTORIA, A1 649,821649.8k $12.6m $12.6m 0.12% Added +30.0k +30,046
76 HSBC HOLDINGS PLC 0.01% of their portfolio LONDON, X0 638,468638.5k $12.4m $12.4m 0.01% Added +2.3k +2,289
77 Northwest & Ethical Investments L.P. 0.39% of their portfolio TORONTO, A6 632,396632.4k $12.3m $12.3m 0.39% Added +15.5k +15,490
78 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 586,771586.8k $11.4m $11.4m 0.01% Added +39.6k +39,636
79 CREDIT SUISSE AG/ 0.01% of their portfolio ZURICH, V8 584,959585.0k $11.4m $11.4m 0.01% Added +49.7k +49,746
80 Russell Investments Group, Ltd. 0.02% of their portfolio Seattle, WA 568,573568.6k $11.1m $11.1m 0.02% Added +26.6k +26,590
81 Baskin Financial Services Inc. 1.04% of their portfolio TORONTO, A6 555,736555.7k $10.8m $10.8m 1.04% Reduced -12.3k -12,294
82 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 547,837547.8k $10.7m $10.7m 0.00% Reduced -43.0k -42,997
83 Walter Public Investments Inc. 2.33% of their portfolio WESTMOUNT, Z4 537,595537.6k $10.5m $10.5m 2.33% New
84 REAVES W H & CO INC 0.38% of their portfolio JERSEY CITY, NJ 529,923529.9k $10.3m $10.3m 0.38% Reduced -33.3k -33,284
85 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 522,724522.7k $11.6m $11.6m 0.00% Reduced -103.3k -103,268
86 Onex Canada Asset Management Inc. 0.61% of their portfolio TORONTO, A6 519,242519.2k $10.1m $10.1m 0.61% Reduced -154.3k -154,326
87 GABELLI FUNDS LLC 0.07% of their portfolio Rye, NY 479,000479.0k $9.3m $9.3m 0.07% Unchanged
88 VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.04% of their portfolio JUPITER, FL 472,594472.6k $9.2m $9.2m 0.04% Reduced -141.6k -141,571
89 NORDEA INVESTMENT MANAGEMENT AB 0.01% of their portfolio STOCKHOLM, V7 452,878452.9k $8.8m $8.8m 0.01% Added +4.9k +4,884
90 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.04% of their portfolio TORONTO, A6 440,109440.1k $8.6m $8.6m 0.04% Reduced -259.8k -259,807
91 FMR LLC 0.00% of their portfolio BOSTON, MA 424,682424.7k $8.3m $8.3m 0.00% Reduced -500.8k -500,794
92 Rempart Asset Management Inc. 1.53% of their portfolio MONTREAL, Z4 375,898375.9k $7.3m $7.3m 1.53% Added +86.4k +86,380
93 D. E. Shaw & Co., Inc. 0.01% of their portfolio New York, NY 358,478358.5k $7.0m $7.0m 0.01% New
94 USS Investment Management Ltd 0.08% of their portfolio London, X0 358,360358.4k $7.0m $7.0m 0.08% Added +2.7k +2,731
95 Clean Yield Group 2.72% of their portfolio NORWICH, VT 339,371339.4k $6.6m $6.6m 2.72% Reduced -4.5k -4,530
96 Harvest Portfolios Group Inc. 0.30% of their portfolio Oakville, A6 333,827333.8k $6.5m $6.5m 0.30% Added +24.7k +24,691
97 Summit Financial Wealth Advisors, LLC 1.48% of their portfolio Lafayette, LA 329,488329.5k $6.4m $6.4m 1.48% Reduced -9.7k -9,669
98 Addenda Capital Inc. 0.35% of their portfolio MONTREAL, A8 315,650315.6k $8.2m $8.2m 0.35% Added +63.9k +63,850
99 FORSTA AP-FONDEN 0.06% of their portfolio STOCKHOLM, V7 304,100304.1k $5.9m $5.9m 0.06% Added +58.6k +58,600
100 Fidelity National Financial, Inc. 0.17% of their portfolio Jacksonville, FL 280,000280.0k $5.5m $5.5m 0.17% Unchanged