Vault-13

UNITED STATES CELLULAR CORP AD

COM · Common Stock · CUSIP 911684108

American telecommunications company

127 institutional holders +18 vs Q4 2022
14,730,61914.7m shares reported held*
$306.0mreported value*
23 new 53 added 36 reduced 6 sold out net bought ≈ $17.1m (+820.3k 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 ($574.2k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $20.77. Options: 2 managers hold calls ($43.5k notional), 3 hold puts ($354.1k).

Trends to Q1 2023

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 136Q4 22: 109Q1 23: 127127Q3 22Q4 22Q1 23
Numbers
QuarterHolders
Q3 2022136
Q4 2022109
Q1 2023127

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q4 22: 49 bought or addedQ4 22: 73 cut or sold outQ4 22Q1 23: 76 bought or addedQ1 23: 42 cut or sold outQ1 23
Numbers
QuarterBought or addedCut or sold out
Q4 20224973
Q1 20237642

Calls vs puts

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

CallsPuts
$0$500k$1m$1.5mQ3 22 calls: $443.0kQ3 22 puts: $1.1mQ3 22P/C 2.39Q4 22 calls: $68.8kQ4 22 puts: $29.1kQ4 22P/C 0.42Q1 23 calls: $43.5kQ1 23 puts: $354.1kQ1 23P/C 8.13
Numbers
QuarterCallsPutsP/C
Q3 2022$443.0k$1.1m2.39
Q4 2022$68.8k$29.1k0.42
Q1 2023$43.5k$354.1k8.13

Biggest buyers

ARROWSTREET CAPITAL, LIMITED PARTNERSHIP Added +380,868+380.9k
MILLENNIUM MANAGEMENT LLC Added +203,812+203.8k
DIMENSIONAL FUND ADVISORS LP Added +175,417+175.4k
JACOBS LEVY EQUITY MANAGEMENT, INC Added +117,674+117.7k
FMR LLC Added +80,257+80.3k
NORGES BANK New +76,200+76.2k
Cubist Systematic Strategies, LLC New +75,883+75.9k
BRIDGEWAY CAPITAL MANAGEMENT, LLC New +72,570+72.6k
FIRST TRUST ADVISORS LP Added +55,340+55.3k
GAMCO INVESTORS, INC. ET AL Added +50,361+50.4k

Biggest sellers

BlackRock Inc. Reduced -422,166-422.2k
RENAISSANCE TECHNOLOGIES LLC Reduced -124,200-124.2k
GOLDMAN SACHS GROUP INC Reduced -85,468-85.5k
Lombard Odier Asset Management (USA) Corp Reduced -83,000-83.0k
Invesco Ltd. Sold out -65,466-65.5k
GABELLI FUNDS LLC Reduced -39,700-39.7k
AQR CAPITAL MANAGEMENT LLC Reduced -33,102-33.1k
Bridgewater Associates, LP Sold out -25,883-25.9k
Allspring Global Investments Holdings, LLC Reduced -25,482-25.5k
CITADEL ADVISORS LLC Reduced -25,106-25.1k

Biggest calls

CITADEL ADVISORS LLC Reduced $43.5k2.1k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

CITADEL ADVISORS LLC Added $315.1k15.2k shares
SIMPLEX TRADING, LLC Added $39.0k1.9k 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.

HolderStakeChangeShares Last filed
TELEPHONE & DATA SYSTEMS INC /DE/ 13D · may seek influence no change · filed 2026-09-02
Stated purposeThis Item 4 is being updated by the following information. On September 1, 2026, TDS issued a press release (the "Press Release") announcing that it is no longer pursuing the acquisition of the Array Common Shares that it does not already own and has withdrawn its previously disclosed proposal. Under the terms of that proposal, each Array Common Share not already owned by TDS would have been exchanged for 0.86 of a TDS Common Share, subject to the assumptions set forth in the proposal. TDS will retain its approximately 82% ownership interest in Array. A copy of the Press Release is filed herewith as Exhibit 2. TDS may in the future recommence its efforts to acquire the Array Common Shares it does not own or pursue other potential transactions involving TDS and Array and may, from time to … Full filing
81.9% no change 70.8m≈ $2.6bn 2026-09-02
HAWK RIDGE CAPITAL MANAGEMENT LP 13G · passive investor new · filed 2026-09-23 5.1% new 2.7m≈ $98.9m 2026-09-23

Fell to 5% or below in the last year: BANK OF AMERICA CORP /DE/ (1.4%, 2026-08-03)

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.

Officers and directors buying vs selling

Number of people, by quarter (10% owners not included)

BuyingSelling
202Q2 21: 0 buyingQ2 21: 0 sellingQ3 21: 0 buyingQ3 21: 0 sellingQ3 21Q4 21: 0 buyingQ4 21: 0 sellingQ1 22: 0 buyingQ1 22: 1 sellingQ1 22Q2 22: 0 buyingQ2 22: 2 sellingQ3 22: 0 buyingQ3 22: 1 sellingQ3 22Q4 22: 0 buyingQ4 22: 1 sellingQ1 23: 0 buyingQ1 23: 0 sellingQ1 23
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q2 20210—0——
Q3 20210—0——
Q4 20210—0——
Q1 20220—1$84.1k—
Q2 20220—2$748.0k—
Q3 20220—1$489.4k—
Q4 20220—1$36.0k—
Q1 20230—0——

None reported in Q1 2023.

Holders, Q1 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio AUSTIN, TX 2,471,2762.5m $51.2m $51.2m 0.02% Added +175.4k +175,417
2 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 1,483,8801.5m $30.8m $30.8m 0.00% Added +31.9k +31,870
3 BlackRock Inc. 0.00% of their portfolio New York, NY 1,339,6041.3m $27.8m $27.8m 0.00% Reduced -422.2k -422,166
4 GAMCO INVESTORS, INC. ET AL 0.28% of their portfolio GREENWICH, CT 1,258,1271.3m $26.1m $26.1m 0.28% Added +50.4k +50,361
5 PRIVATE MANAGEMENT GROUP INC 1.01% of their portfolio IRVINE, CA 1,084,0381.1m $22.5m $22.5m 1.01% Added +8.7k +8,674
6 GABELLI FUNDS LLC 0.11% of their portfolio Rye, NY 668,500668.5k $13.9m $13.9m 0.11% Reduced -39.7k -39,700
7 JACOBS LEVY EQUITY MANAGEMENT, INC 0.07% of their portfolio FLORHAM PARK, NJ 512,865512.9k $10.6m $10.6m 0.07% Added +117.7k +117,674
8 EDMOND DE ROTHSCHILD HOLDING S.A. 0.24% of their portfolio CHAMBESY, V8 505,000505.0k $10.5m $10.5m 0.24% Added +15.0k +15,000
9 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio BOSTON, MA 481,706481.7k $10.0m $10.0m 0.01% Added +380.9k +380,868
10 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 439,774439.8k $9.1m $9.1m 0.00% Added +3.1k +3,101
11 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 338,852338.9k $7.0m $7.0m 0.01% Added +203.8k +203,812
12 LOOMIS SAYLES & CO L P 0.01% of their portfolio BOSTON, MA 334,888334.9k $6.9m $6.9m 0.01% Reduced -4.1k -4,099
13 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 291,308291.3k $6.0m $6.0m 0.00% Added +21.1k +21,059
14 RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio NEW YORK, NY 201,362201.4k $4.2m $4.2m 0.01% Reduced -124.2k -124,200
15 FIRST TRUST ADVISORS LP 0.00% of their portfolio Wheaton, IL 189,388189.4k $3.9m $3.9m 0.00% Added +55.3k +55,340
16 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 174,977175.0k $3.5m $3.5m 0.00% Added +19.1k +19,060
17 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 172,953173.0k $3.6m $3.6m 0.00% Reduced -5.2k -5,169
18 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 155,125155.1k $3.2m $3.2m 0.00% Reduced -85.5k -85,468
19 FMR LLC 0.00% of their portfolio BOSTON, MA 154,506154.5k $3.2m $3.2m 0.00% Added +80.3k +80,257
20 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 133,646133.6k $2.8m $2.8m 0.00% Added +14.9k +14,879
21 DENALI ADVISORS LLC 1.15% of their portfolio SAN DIEGO, CA 132,900132.9k $2.8m $2.8m 1.15% Reduced -78 -78
22 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 108,777108.8k $2.3m $2.3m 0.00% Reduced -6.9k -6,942
23 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 105,389105.4k $2.2m $2.2m 0.00% Reduced -999 -999
24 State of Alaska, Department of Revenue 0.02% of their portfolio JUNEAU, AK 94,95095.0k $2.0m $2.0m 0.02% Unchanged
25 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 90,26590.3k $1.9m $1.9m 0.00% Reduced -4.7k -4,663
26 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 88,06888.1k $1.8m $1.8m 0.00% Added +11.7k +11,691
27 Engineers Gate Manager LP 0.07% of their portfolio NEW YORK, NY 81,21281.2k $1.7m $1.7m 0.07% Added +42.3k +42,335
28 PRUDENTIAL FINANCIAL INC 0.00% of their portfolio NEWARK, NJ 81,14981.1k $2.4m $2.4m 0.00% Reduced -4.4k -4,415
29 NORGES BANK 0.00% of their portfolio OSLO, Q8 76,20076.2k $1.6m $1.6m 0.00% New
30 Cubist Systematic Strategies, LLC 0.01% of their portfolio STAMFORD, CT 75,88375.9k $1.6m $1.6m 0.01% New
31 Lombard Odier Asset Management (USA) Corp 0.25% of their portfolio New York, NY 74,00074.0k $1.5m $1.5m 0.25% Reduced -83.0k -83,000
32 BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.04% of their portfolio HOUSTON, TX 72,57072.6k $1.5m $1.5m 0.04% New
33 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 70,97671.0k $1.5m $1.5m 0.00% Added +42.1k +42,109
34 PANAGORA ASSET MANAGEMENT INC 0.01% of their portfolio BOSTON, MA 67,96468.0k $1.4m $1.4m 0.01% Reduced -2.0k -1,969
35 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 62,45562.5k $1.3m $1.3m 0.00% Reduced -5.8k -5,801
36 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 61,03161.0k $1.3m $1.3m 0.00% Reduced -4.5k -4,493
37 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 56,69656.7k $1.2m $1.2m 0.00% Reduced -33.1k -33,102
38 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 53,57553.6k $1.1m $1.1m 0.00% Added +20.9k +20,884
39 VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio San Antonio, TX 51,15851.2k $1.1m $1.1m 0.00% Added +31.9k +31,876
40 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 43,76743.8k $907.3k $907.3k 0.00% Added +6.9k +6,936
41 LOS ANGELES CAPITAL MANAGEMENT LLC 0.00% of their portfolio LOS ANGELES, CA 41,13141.1k $852.6k $852.6k 0.00% New
42 PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.00% of their portfolio COLUMBUS, OH 39,49239.5k $819.0k $819.0k 0.00% Added +6.7k +6,728
43 WINTON GROUP Ltd 0.05% of their portfolio LONDON, X0 38,39638.4k $795.9k $795.9k 0.05% Added +1.9k +1,916
44 Dynamic Technology Lab Private Ltd 0.07% of their portfolio SINGAPORE, U0 34,69434.7k $720.0k $720.0k 0.07% New
45 Swiss National Bank 0.00% of their portfolio ZURICH, V8 33,80033.8k $700.7k $700.7k 0.00% Reduced -3.6k -3,600
46 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 32,83432.8k $680.6k $680.6k 0.00% Added +2.4k +2,437
47 Crescent Grove Advisors, LLC 0.08% of their portfolio LAKE FOREST, IL 32,64632.6k $676.8k $676.8k 0.08% Unchanged
48 PDT Partners, LLC 0.09% of their portfolio New York, NY 31,88231.9k $660.9k $660.9k 0.09% New
49 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 31,35831.4k $650.1k $650.1k 0.00% Added +12.7k +12,667
50 MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio DENVER, CO 31,23731.2k $648.0k $648.0k 0.00% Added +7.2k +7,200
51 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 27,80027.8k $576.3k $576.3k 0.00% Added +3.5k +3,500
52 Allspring Global Investments Holdings, LLC 0.00% of their portfolio CHARLOTTE, NC 27,70727.7k $574.4k $574.4k 0.00% Reduced -25.5k -25,482
53 New York Life Investment Management LLC 0.01% of their portfolio New York, NY 24,01724.0k $497.9k $497.9k 0.01% New
54 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 23,80223.8k $493.0k $493.0k 0.00% Added +427 +427
55 Campbell & CO Investment Adviser LLC 0.09% of their portfolio BALTIMORE, MD 23,40623.4k $485.2k $485.2k 0.09% New
56 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 22,39322.4k $464.2k $464.2k 0.00% Reduced -25.1k -25,106
57 TEACHER RETIREMENT SYSTEM OF TEXAS 0.00% of their portfolio AUSTIN, TX 21,46021.5k $445.0k $445.0k 0.00% Reduced -3.7k -3,741
58 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 19,20419.2k $398.1k $398.1k 0.00% Reduced -371 -371
59 CAXTON ASSOCIATES LP 0.06% of their portfolio NEW YORK, NY 18,76218.8k $388.9k $388.9k 0.06% New
60 Trexquant Investment LP 0.01% of their portfolio STAMFORD, CT 18,51418.5k $383.8k $383.8k 0.01% New
61 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 17,43717.4k $361.5k $361.5k 0.00% Added +1.7k +1,705
62 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.01% of their portfolio Stamford, CT 17,29317.3k $358.5k $358.5k 0.01% New
63 MACKENZIE FINANCIAL CORP 0.00% of their portfolio TORONTO ONTARIO, A6 16,77216.8k $347.7k $347.7k 0.00% Reduced -9.1k -9,050
64 RITHOLTZ WEALTH MANAGEMENT 0.02% of their portfolio NEW YORK, NY 14,54114.5k $301.4k $301.4k 0.02% New
65 ACADIAN ASSET MANAGEMENT LLC 0.00% of their portfolio Boston, MA 14,04114.0k $290.0k $290.0k 0.00% Added +7.3k +7,275
66 HSBC HOLDINGS PLC 0.00% of their portfolio LONDON, X0 12,39812.4k $255.4k $255.4k 0.00% Reduced -3.5k -3,484
67 Woodline Partners LP 0.00% of their portfolio San Francisco, CA 12,33012.3k $255.6k $255.6k 0.00% New
68 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 11,91911.9k $247.1k $247.1k 0.00% Added +1.7k +1,675
69 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 11,37711.4k $235.8k $235.8k 0.00% Reduced -3.1k -3,095
70 Versor Investments LP 0.03% of their portfolio New York, NY 10,84810.8k $224.9k $224.9k 0.03% Reduced -8.7k -8,700
71 CANADA LIFE ASSURANCE Co 0.00% of their portfolio WINNIPEG, A2 10,57510.6k $220.0k $220.0k 0.00% Added +198 +198
72 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 9,7319.7k $201.7k $201.7k 0.00% Added +3.2k +3,191
73 MetLife Investment Management, LLC 0.00% of their portfolio Whippany, NJ 8,9579.0k $185.7k $185.7k 0.00% Unchanged
74 UBS Group AG 0.00% of their portfolio ZURICH, V8 8,7108.7k $180.6k $180.6k 0.00% Added +7.8k +7,836
75 STRS OHIO 0.00% of their portfolio COLUMBUS, OH 8,7008.7k $180.0k $180.0k 0.00% Reduced -12.3k -12,300
76 AMERICAN INTERNATIONAL GROUP, INC. 0.00% of their portfolio New York, NY 7,0927.1k $147.0k $147.0k 0.00% Added +141 +141
77 Legal & General Group Plc 0.00% of their portfolio London, X0 5,8715.9k $121.7k $121.7k 0.00% Added +424 +424
78 SG Americas Securities, LLC 0.00% of their portfolio NEW YORK, NY 5,5825.6k $116.0k $116.0k 0.00% Reduced -241 -241
79 Aquatic Capital Management LLC 0.01% of their portfolio CHICAGO, IL 4,9004.9k $102.0k $102.0k 0.01% New
80 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 3,5693.6k $74.0k $74.0k 0.00% Added +2.5k +2,528
81 Amundi 0.00% of their portfolio Paris, I0 3,4723.5k $76.2k $76.2k 0.00% Added +72 +72
82 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 2,8112.8k $58.3k $58.3k 0.00% Added +424 +424
83 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 2,0982.1k $43.5k $43.5k 0.00% Added +10 +10
84 Asset Management One Co., Ltd. 0.00% of their portfolio TOKYO, M0 1,6661.7k $34.5k $34.5k 0.00% Unchanged
85 AMALGAMATED BANK 0.00% of their portfolio NEW YORK, NY 1,5511.6k $32.0k $32.0k 0.00% Reduced -360 -360
86 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 1,5281.5k $32.0k $32.0k 0.00% Reduced -9.9k -9,879
87 Quarry LP 0.02% of their portfolio NEW YORK, NY 1,5151.5k $31.4k $31.4k 0.02% New
88 Point72 Middle East FZE 0.00% of their portfolio DUBAI, C0 1,4961.5k $31.0k $31.0k 0.00% New
89 LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 1,4681.5k $30.0k $30.0k 0.00% New
90 Ameritas Investment Partners, Inc. 0.00% of their portfolio LINCOLN, NE 1,1991.2k $24.9k $24.9k 0.00% Unchanged
91 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 1,1921.2k $24.7k $24.7k 0.00% Reduced -6 -6
92 FEDERATED HERMES, INC. 0.00% of their portfolio PITTSBURGH, PA 1,1641.2k $24.1k $24.1k 0.00% New
93 Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio ZURICH, V8 1,0601.1k $22.0k $22.0k 0.00% Unchanged
94 QUADRANT CAPITAL GROUP LLC 0.00% of their portfolio CINCINNATI, OH 988988 $20.5k $20.5k 0.00% Added +616 +616
95 Metropolitan Life Insurance Co/NY 0.00% of their portfolio New York, NY 738738 $15.3k $15.3k 0.00% Reduced -283 -283
96 Quantbot Technologies LP 0.00% of their portfolio NEW YORK, NY 736736 $15.3k $15.3k 0.00% New
97 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 725725 $15.0k $15.0k 0.00% Reduced -1.1k -1,087
98 SIGNATUREFD, LLC 0.00% of their portfolio ATLANTA, GA 604604 $12.5k $12.5k 0.00% Added +211 +211
99 BARROW HANLEY MEWHINNEY & STRAUSS LLC 0.00% of their portfolio DALLAS, TX 468468 $9.7k $9.7k 0.00% Reduced -142 -142
100 FIRST MANHATTAN CO. LLC. 0.00% of their portfolio NEW YORK, NY 458458 $9.5k $9.5k 0.00% Unchanged