Vault-13

TELUS CORPORATION TU

COM · Common Stock · CUSIP 87971M103 · ISIN CA87971M1032

Canadian telecommunications company

304 institutional holders -13 vs Q1 2024
721,229,719721.2m shares reported held*
$11.0bnreported value*
27 new 118 added 124 reduced 38 sold out net bought ≈ $159.7m (+14.6m 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 ($461.4m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $15.22. Options: 16 managers hold calls ($188.9m notional), 13 hold puts ($218.0m).

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

0200400Q3 22: 314Q4 22: 322Q1 23: 310Q2 23: 304Q3 23: 308Q4 23: 313Q1 24: 317Q2 24: 304304Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 2022314
Q4 2022322
Q1 2023310
Q2 2023304
Q3 2023308
Q4 2023313
Q1 2024317
Q2 2024304

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 outQ2 23: 144 bought or addedQ2 23: 141 cut or sold outQ2 23Q3 23: 141 bought or addedQ3 23: 145 cut or sold outQ4 23: 150 bought or addedQ4 23: 155 cut or sold outQ4 23Q1 24: 157 bought or addedQ1 24: 150 cut or sold outQ2 24: 145 bought or addedQ2 24: 162 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 2022157145
Q1 2023152149
Q2 2023144141
Q3 2023141145
Q4 2023150155
Q1 2024157150
Q2 2024145162

Calls vs puts

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

CallsPuts
$0$100m$200m$300mQ3 23 calls: $71.8mQ3 23 puts: $18.3mQ3 23P/C 0.26Q4 23 calls: $112.2mQ4 23 puts: $32.9mQ4 23P/C 0.29Q1 24 calls: $113.3mQ1 24 puts: $68.3mQ1 24P/C 0.60Q2 24 calls: $188.9mQ2 24 puts: $218.0mQ2 24P/C 1.15
Numbers
QuarterCallsPutsP/C
Q3 2023$71.8m$18.3m0.26
Q4 2023$112.2m$32.9m0.29
Q1 2024$113.3m$68.3m0.60
Q2 2024$188.9m$218.0m1.15

Biggest buyers

Federation des caisses Desjardins du Quebec Added +10,197,664+10.2m
CIBC WORLD MARKET INC. Added +9,360,837+9.4m
FIL Ltd Added +3,252,933+3.3m
1832 Asset Management L.P. Added +2,365,753+2.4m
BANK OF NOVA SCOTIA Added +2,313,792+2.3m
JANUS HENDERSON GROUP PLC Added +2,080,699+2.1m
Fiera Capital Corp Added +1,501,742+1.5m
Scheer, Rowlett & Associates Investment Management Ltd. Added +1,378,170+1.4m
CHARLES SCHWAB INVESTMENT MANAGEMENT INC New +1,251,187+1.3m
TD Asset Management Inc Added +1,208,720+1.2m

Biggest sellers

MACKENZIE FINANCIAL CORP Reduced -8,020,199-8.0m
ROYAL BANK OF CANADA Reduced -4,756,111-4.8m
MORGAN STANLEY Reduced -3,908,170-3.9m
OMERS ADMINISTRATION Corp Reduced -2,235,137-2.2m
Sumitomo Mitsui Trust Group, Inc. Sold out -1,363,180-1.4m
BANK OF AMERICA CORP /DE/ Reduced -1,353,247-1.4m
MILLENNIUM MANAGEMENT LLC Reduced -947,342-947.3k
CANADA PENSION PLAN INVESTMENT BOARD Reduced -761,977-762.0k
GUARDIAN CAPITAL LP Reduced -677,285-677.3k
Amundi Reduced -587,040-587.0k

Biggest calls

ROYAL BANK OF CANADA Added $43.1m2.8m shares
CIBC WORLD MARKET INC. Added $35.6m2.4m shares
SIG North Trading, ULC Added $32.6m2.2m shares
HSBC HOLDINGS PLC Unchanged $15.6m1.0m shares
BANK OF AMERICA CORP /DE/ Added $14.1m930.0k shares
D. E. Shaw & Co., Inc. Added $11.7m775.0k shares
MILLENNIUM MANAGEMENT LLC Reduced $10.4m500.0k shares
BANK OF MONTREAL /CAN/ Added $9.5m600.0k shares
UBS Group AG Added $3.8m250.0k shares
SIMPLEX TRADING, LLC Added $3.6m239.1k shares

Biggest puts

SIG North Trading, ULC Added $72.6m4.8m shares
ROYAL BANK OF CANADA Added $54.5m3.6m shares
CIBC WORLD MARKET INC. Added $31.8m2.1m shares
JANE STREET GROUP, LLC Added $16.4m1.1m shares
DeepCurrents Investment Group LLC New $14.9m9.8k shares
MILLENNIUM MANAGEMENT LLC Added $14.5m700.0k shares
D. E. Shaw & Co., Inc. Added $11.7m775.0k shares
SIMPLEX TRADING, LLC Added $508.0k33.6k shares
CITADEL ADVISORS LLC Reduced $430.0k28.4k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $398.2k26.3k 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 2024

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 2024.

Holders, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 ROYAL BANK OF CANADA 0.57% of their portfolio TORONTO, A6 155,271,327155.3m $2.4bn $2.4bn 0.57% Reduced -4.8m -4,756,111
2 BANK OF MONTREAL /CAN/ 0.33% of their portfolio TORONTO, A6 67,961,43368.0m $1.1bn $1.1bn 0.33% Added +781.4k +781,352
3 MACKENZIE FINANCIAL CORP 0.94% of their portfolio TORONTO ONTARIO, A6 41,971,86342.0m $635.5m $635.5m 0.94% Reduced -8.0m -8,020,199
4 TD Asset Management Inc 0.59% of their portfolio Toronto, A6 41,711,86141.7m $631.3m $631.3m 0.59% Added +1.2m +1,208,720
5 CIBC WORLD MARKET INC. 1.53% of their portfolio TORONTO, A6 40,598,59840.6m $614.7m $614.7m 1.53% Added +9.4m +9,360,837
6 1832 Asset Management L.P. 1.05% of their portfolio TORONTO, A6 38,193,73338.2m $578.3m $578.3m 1.05% Added +2.4m +2,365,753
7 VANGUARD GROUP INC 0.01% of their portfolio Valley Forge, PA 24,156,91424.2m $365.7m $365.7m 0.01% Added +720.5k +720,459
8 CIBC Asset Management Inc 1.21% of their portfolio TORONTO, Z4 22,404,61722.4m $339.0m $339.0m 1.21% Added +387.7k +387,686
9 BANK OF NOVA SCOTIA 0.65% of their portfolio TORONTO, A6 22,022,72122.0m $332.8m $332.8m 0.65% Added +2.3m +2,313,792
10 NATIONAL BANK OF CANADA /FI/ 0.49% of their portfolio MONTREAL, A8 21,066,52021.1m $317.1m $317.1m 0.49% Reduced -395.2k -395,249
11 Federation des caisses Desjardins du Quebec 1.65% of their portfolio LEVIS, A8 20,294,13720.3m $308.4m $308.4m 1.65% Added +10.2m +10,197,664
12 Capital Research Global Investors 0.06% of their portfolio Los Angeles, CA 19,512,17419.5m $295.4m $295.4m 0.06% Reduced -148.9k -148,858
13 SCOTIA CAPITAL INC. 1.69% of their portfolio TORONTO, A6 19,089,87019.1m $289.0m $289.0m 1.69% Added +93.7k +93,690
14 Fiera Capital Corp 0.78% of their portfolio MONTREAL, A8 16,670,71316.7m $252.5m $252.5m 0.78% Added +1.5m +1,501,742
15 TORONTO DOMINION BANK 0.30% of their portfolio TORONTO, ONTARIO, A6 12,472,61012.5m $188.8m $188.8m 0.30% Added +636.8k +636,845
16 Invesco Ltd. 0.03% of their portfolio ATLANTA, GA 10,321,48010.3m $156.3m $156.3m 0.03% Reduced -65.8k -65,827
17 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 9,469,2129.5m $143.4m $143.4m 0.01% Added +313.7k +313,718
18 TD Waterhouse Canada Inc. 1.26% of their portfolio TORONTO, A6 9,219,3589.2m $140.1m $140.1m 1.26% Added +585.7k +585,683
19 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.13% of their portfolio Toronto, A6 9,078,6119.1m $137.2m $137.2m 0.13% Reduced -253.2k -253,218
20 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 7,662,1797.7m $116.0m $116.0m 0.01% Reduced -3.9m -3,908,170
21 FIL Ltd 0.11% of their portfolio HAMILTON, D0 7,153,0927.2m $108.3m $108.3m 0.11% Added +3.3m +3,252,933
22 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 6,959,8107.0m $105.4m $105.4m 0.01% Reduced -1.4m -1,353,247
23 LETKO, BROSSEAU & ASSOCIATES INC 1.96% of their portfolio MONTREAL, A8 6,823,6026.8m $103.3m $103.3m 1.96% Reduced -141.8k -141,765
24 JANUS HENDERSON GROUP PLC 0.05% of their portfolio LONDON, X0 6,652,7316.7m $100.8m $100.8m 0.05% Added +2.1m +2,080,699
25 FIRST TRUST ADVISORS LP 0.10% of their portfolio Wheaton, IL 6,407,8496.4m $97.0m $97.0m 0.10% Reduced -436.0k -435,951
26 AGF MANAGEMENT LTD 0.54% of their portfolio TORONTO, A6 6,378,9356.4m $96.9m $96.9m 0.54% Reduced -11.6k -11,578
27 OMERS ADMINISTRATION Corp 0.91% of their portfolio TORONTO, A6 6,240,2206.2m $94.4m $94.4m 0.91% Reduced -2.2m -2,235,137
28 Connor, Clark & Lunn Investment Management Ltd. 0.38% of their portfolio VANCOUVER, A1 6,001,3296.0m $90.9m $90.9m 0.38% Added +93.6k +93,574
29 Clearbridge Investments, LLC 0.07% of their portfolio NEW YORK, NY 5,944,0505.9m $90.0m $90.0m 0.07% Reduced -138.7k -138,664
30 INTACT INVESTMENT MANAGEMENT INC. 2.83% of their portfolio MONTREAL, A8 4,997,4795.0m $75.6m $75.6m 2.83% Reduced -284.5k -284,503
31 GUARDIAN CAPITAL LP 2.75% of their portfolio TORONTO, A6 4,809,2444.8m $72.8m $72.8m 2.75% Reduced -677.3k -677,285
32 NORGES BANK 0.01% of their portfolio OSLO, Q8 4,422,8444.4m $67.0m $67.0m 0.01% Reduced -325.8k -325,758
33 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 4,377,4264.4m $66.3m $66.3m 0.01% Added +1.2m +1,182,708
34 Alberta Investment Management Corp 0.60% of their portfolio EDMONTON, A0 3,716,3003.7m $56.2m $56.2m 0.60% Added +550.0k +550,000
35 Scheer, Rowlett & Associates Investment Management Ltd. 3.44% of their portfolio TORONTO, A6 2,970,1703.0m $45.0m $45.0m 3.44% Added +1.4m +1,378,170
36 DUFF & PHELPS INVESTMENT MANAGEMENT CO 0.45% of their portfolio CHICAGO, IL 2,349,5002.3m $35.6m $35.6m 0.45% Unchanged
37 APG Asset Management N.V. 0.06% of their portfolio Amsterdam, P7 2,323,6382.3m $32.8m $32.8m 0.06% Added +251.5k +251,456
38 FEDERATED HERMES, INC. 0.08% of their portfolio PITTSBURGH, PA 2,216,4052.2m $33.6m $33.6m 0.08% Reduced -156.9k -156,932
39 MONTRUSCO BOLTON INVESTMENTS INC. 0.35% of their portfolio MONTREAL, A8 2,215,1742.2m $33.5m $33.5m 0.35% Reduced -60.3k -60,310
40 Nexus Investment Management ULC 3.50% of their portfolio TORONTO, A6 2,204,8952.2m $33.4m $33.4m 3.50% Added +363.1k +363,077
41 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 2,157,7072.2m $33.6m $33.6m 0.00% Added +66.9k +66,885
42 MORGUARD LINCLUDEN GLOBAL INVESTMENTS Ltd 3.68% of their portfolio MISSISSAUGA, A6 1,998,1592.0m $30.3m $30.3m 3.68% Added +359.9k +359,942
43 BlackRock Inc. 0.00% of their portfolio New York, NY 1,981,0362.0m $30.0m $30.0m 0.00% Reduced -91.4k -91,394
44 BANK OF NOVA SCOTIA TRUST CO 3.32% of their portfolio TORONTO, A6 1,963,8172.0m $29.7m $29.7m 3.32% Added +73.7k +73,742
45 SIG North Trading, ULC 7.05% of their portfolio Bala Cynwyd, PA 1,792,3991.8m $27.1m $27.1m 7.05% Added +1.0m +1,043,523
46 MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.01% of their portfolio Boston, MA 1,783,1731.8m $27.0m $27.0m 0.01% Added +2.6k +2,571
47 Swiss National Bank 0.02% of their portfolio ZURICH, V8 1,461,7651.5m $22.1m $22.1m 0.02% Added +3.6k +3,600
48 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 1,251,1871.3m $18.9m $18.9m 0.00% New
49 Amundi 0.01% of their portfolio Paris, I0 1,097,0471.1m $16.5m $16.5m 0.01% Reduced -587.0k -587,040
50 CITADEL ADVISORS LLC 0.02% of their portfolio MIAMI, FL 1,089,6911.1m $16.5m $16.5m 0.02% Reduced -203.2k -203,162
51 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 1,044,2891.0m $15.8m $15.8m 0.00% New
52 Man Group plc 0.04% of their portfolio LONDON, X0 1,023,0921.0m $15.5m $15.5m 0.04% Added +977.7k +977,695
53 AEGON ASSET MANAGEMENT UK Plc 0.20% of their portfolio EDINBURGH, X0 951,260951.3k $14.4m $14.4m 0.20% Unchanged
54 JARISLOWSKY, FRASER Ltd 0.08% of their portfolio MONTREAL, A8 888,052888.1k $13.4m $13.4m 0.08% Reduced -68.5k -68,469
55 GUARDIAN CAPITAL ADVISORS LP 1.42% of their portfolio TORONTO, A6 875,363875.4k $13.3m $13.3m 1.42% Added +16.5k +16,457
56 Heathbridge Capital Management Ltd. 5.19% of their portfolio TORONTO, A6 809,700809.7k $12.3m $12.3m 5.19% Reduced -81.4k -81,400
57 NICOLA WEALTH MANAGEMENT LTD. 1.45% of their portfolio VANCOUVER, A1 781,819781.8k $16.2m $16.2m 1.45% Unchanged
58 MUFG SECURITIES (CANADA), LTD. 0.78% of their portfolio NEW YORK, NY 781,463781.5k $11.8m $11.8m 0.78% Added +780.7k +780,701
59 CANADA LIFE ASSURANCE Co 0.02% of their portfolio WINNIPEG, A2 737,717737.7k $11.2m $11.2m 0.02% Reduced -77.5k -77,511
60 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 707,269707.3k $10.7m $10.7m 0.00% Added +1.7k +1,692
61 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 618,607618.6k $9.4m $9.4m 0.00% Reduced -180.3k -180,327
62 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.01% of their portfolio FRANKFURT AM MAIN, 2M 547,768547.8k $8.3m $8.3m 0.01% Added +661 +661
63 Russell Investments Group, Ltd. 0.01% of their portfolio Seattle, WA 544,644544.6k $8.2m $8.2m 0.01% Added +29.3k +29,262
64 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 533,979534.0k $8.1m $8.1m 0.00% Reduced -71.9k -71,945
65 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 513,741513.7k $7.8m $7.8m 0.00% Reduced -7.2k -7,246
66 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 509,823509.8k $7.8m $7.8m 0.00% Added +70.7k +70,658
67 CANADA PENSION PLAN INVESTMENT BOARD 0.01% of their portfolio TORONTO ONTARIO, A6 490,115490.1k $7.4m $7.4m 0.01% Reduced -762.0k -761,977
68 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 485,397485.4k $7.3m $7.3m 0.00% Added +62.0k +61,952
69 Harvest Portfolios Group Inc. 0.28% of their portfolio Oakville, A6 478,011478.0k $7.2m $7.2m 0.28% Added +65.6k +65,588
70 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 475,425475.4k $7.2m $7.2m 0.00% Reduced -135.5k -135,528
71 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 456,266456.3k $6.9m $6.9m 0.01% Added +298.4k +298,351
72 FMR LLC 0.00% of their portfolio BOSTON, MA 454,397454.4k $6.9m $6.9m 0.00% Added +14.2k +14,160
73 UBS Group AG 0.00% of their portfolio ZURICH, V8 448,994449.0k $6.8m $6.8m 0.00% Reduced -144.1k -144,089
74 Northwest & Ethical Investments L.P. 0.19% of their portfolio TORONTO, A6 447,581447.6k $6.8m $6.8m 0.19% Added +39.6k +39,620
75 GABELLI FUNDS LLC 0.05% of their portfolio Rye, NY 427,000427.0k $6.5m $6.5m 0.05% Reduced -25.0k -25,000
76 D. E. Shaw & Co., Inc. 0.01% of their portfolio New York, NY 403,080403.1k $6.1m $6.1m 0.01% Added +201.3k +201,294
77 DekaBank Deutsche Girozentrale 0.01% of their portfolio FRANKFURT, 2M 397,105397.1k $6.0m $6.0m 0.01% Reduced -5.4k -5,442
78 Summerhill Capital Management lnc. 4.24% of their portfolio TORONTO, A6 395,368395.4k $6.0m $6.0m 4.24% Reduced -19.3k -19,296
79 BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.02% of their portfolio Paris, I0 391,761391.8k $8.1m $8.1m 0.02% Reduced -21.8k -21,783
80 K.J. Harrison & Partners Inc 0.94% of their portfolio TORONTO, A6 378,086378.1k $5.7m $5.7m 0.94% Added +46.8k +46,773
81 Waratah Capital Advisors Ltd. 0.34% of their portfolio TORONTO, A6 368,044368.0k $5.6m $5.6m 0.34% New
82 NATIXIS 0.03% of their portfolio PARIS, I0 345,350345.4k $5.2m $5.2m 0.03% Added +189.8k +189,814
83 Cardinal Capital Management, Inc. 0.20% of their portfolio WINNIPEG, A2 342,059342.1k $5.2m $5.2m 0.20% Added +8.5k +8,483
84 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 338,381338.4k $5.1m $5.1m 0.00% Reduced -8.0k -7,976
85 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 333,214333.2k $5.0m $5.0m 0.00% Added +181.1k +181,095
86 Clean Yield Group 1.81% of their portfolio NORWICH, VT 320,296320.3k $4.8m $4.8m 1.81% Reduced -11.1k -11,105
87 FORSTA AP-FONDEN 0.04% of their portfolio STOCKHOLM, V7 316,800316.8k $4.8m $4.8m 0.04% Added +38.2k +38,200
88 USS Investment Management Ltd 0.04% of their portfolio London, X0 308,559308.6k $4.7m $4.7m 0.04% Added +3.9k +3,888
89 Mediolanum International Funds Ltd 0.07% of their portfolio DUBLIN 1, L2 305,489305.5k $4.3m $4.3m 0.07% Added +160.6k +160,563
90 Aviso Financial Inc. 0.25% of their portfolio TORONTO, A6 291,866291.9k $4.4m $4.4m 0.25% First filing
91 VAN ECK ASSOCIATES CORP 0.01% of their portfolio NEW YORK, NY 284,219284.2k $4.3m $4.3m 0.01% Added +159.8k +159,831
92 Onex Canada Asset Management Inc. 0.48% of their portfolio TORONTO, A6 273,476273.5k $4.2m $4.2m 0.48% Reduced -27.2k -27,232
93 Rockefeller Capital Management L.P. 0.01% of their portfolio NEW YORK, NY 271,324271.3k $4.1m $4.1m 0.01% Reduced -401.9k -401,926
94 Wealth Advisors of Tampa Bay, LLC 1.81% of their portfolio TAMPA, FL 256,248256.2k $3.9m $3.9m 1.81% Added +4.6k +4,619
95 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 255,096255.1k $3.9m $3.9m 0.00% Added +27.0k +26,982
96 Lorne Steinberg Wealth Management Inc. 1.22% of their portfolio MONTREAL, QUEBEC, Z4 250,081250.1k $3.8m $3.8m 1.22% Reduced -3.8k -3,757
97 Pictet Asset Management Holding SA 0.00% of their portfolio CAROUGE, V8 215,420215.4k $3.3m $3.3m 0.00% Reduced -952 -952
98 BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.02% of their portfolio VICTORIA, A1 206,417206.4k $3.1m $3.1m 0.02% Added +134.4k +134,427
99 Ninepoint Partners LP 0.32% of their portfolio TORONTO, A6 195,895195.9k $3.0m $3.0m 0.32% Added +17.9k +17,864
100 VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio ATLANTA, GA 193,512193.5k $2.9m $2.9m 0.00% Added +4.6k +4,572