UNITED STATES CELLULAR CORP AD
COM · Common Stock · CUSIP 911684108
American telecommunications company
- SectorCommunication
- IndustryRadiotelephone Communications
- HeadquartersChicago, IL
- Founded1983
- Websiteuscellular.com
- FilingsSEC EDGAR
* 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 ($2.4m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $69.14. Options: 10 managers hold calls ($37.4m notional), 3 hold puts ($359.6k).
Trends to Q1 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 136 |
| Q4 2022 | 109 |
| Q1 2023 | 127 |
| Q2 2023 | 104 |
| Q3 2023 | 124 |
| Q4 2023 | 139 |
| Q1 2024 | 119 |
| Q2 2024 | 145 |
| Q3 2024 | 134 |
| Q4 2024 | 136 |
| Q1 2025 | 159 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q2 2023 | 43 | 75 |
| Q3 2023 | 68 | 65 |
| Q4 2023 | 75 | 51 |
| Q1 2024 | 48 | 77 |
| Q2 2024 | 74 | 62 |
| Q3 2024 | 51 | 67 |
| Q4 2024 | 62 | 55 |
| Q1 2025 | 75 | 55 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2024 | $7.7m | $6.4m | 0.83 |
| Q3 2024 | $17.4m | $3.9m | 0.23 |
| Q4 2024 | $29.3m | $2.1m | 0.07 |
| Q1 2025 | $37.4m | $359.6k | 0.01 |
Biggest buyers
| HAWK RIDGE CAPITAL MANAGEMENT LP | New | +338.8k |
| MILLENNIUM MANAGEMENT LLC | Added | +224.8k |
| J. Goldman & Co LP | New | +195.7k |
| Qube Research & Technologies Ltd | New | +60.3k |
| Informed Momentum Co LLC | New | +58.4k |
| Invesco Ltd. | New | +55.6k |
| TUDOR INVESTMENT CORP ET AL | Added | +40.7k |
| VICTORY CAPITAL MANAGEMENT INC | Added | +38.4k |
| GOLDMAN SACHS GROUP INC | Added | +31.6k |
| GABELLI & Co INVESTMENT ADVISERS, INC. | Added | +29.6k |
Biggest sellers
| VANGUARD GROUP INC | Reduced | -275.7k |
| ThornTree Capital Partners LP | Reduced | -151.6k |
| Alyeska Investment Group, L.P. | Reduced | -135.5k |
| UBS Group AG | Reduced | -80.5k |
| AMERIPRISE FINANCIAL INC | Reduced | -69.5k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC | Reduced | -49.4k |
| Man Group plc | Reduced | -45.8k |
| FMR LLC | Reduced | -42.3k |
| ALGERT GLOBAL LLC | Sold out | -33.7k |
| BARCLAYS PLC | Reduced | -31.2k |
Biggest calls
| SCOGGIN MANAGEMENT LP | Added | $8.6m125.0k shares |
| UBS Group AG | Reduced | $7.9m114.1k shares |
| Caption Management, LLC | Unchanged | $6.9m100.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $6.7m97.1k shares |
| JANE STREET GROUP, LLC | Added | $2.2m31.4k shares |
| PUFF WEALTH MANAGEMENT, LLC | New | $2.1m30.2k shares |
| CITADEL ADVISORS LLC | Added | $1.4m20.3k shares |
| GROUP ONE TRADING LLC | Reduced | $1.4m19.7k shares |
| WOLVERINE TRADING, LLC | Reduced | $222.0k3.2k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $276.6k4.0k shares |
| CITADEL ADVISORS LLC | Reduced | $83.0k1.2k 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.
| Holder | Stake |
|---|---|
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% |
| HAWK RIDGE CAPITAL MANAGEMENT LP 13G · passive investor new · filed 2026-09-23 | 5.1% |
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 2025
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)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q2 2023 | 0 | — | 1 | $417.0k | $417.0k |
| Q3 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 0 | — | 0 | — | — |
| Q2 2024 | 0 | — | 0 | — | — |
| Q3 2024 | 0 | — | 1 | $1.9m | — |
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 0 | — | 0 | — | — |
None reported in Q1 2025.
Holders, Q1 2025
| Manager | Shares | Change |
|---|---|---|
| DIMENSIONAL FUND ADVISORS LP 0.04% of their portfolio | 2.2m $154.8m | Reduced -24.9k |
| Jericho Capital Asset Management L.P. 2.28% of their portfolio | 1.8m $125.6m | Unchanged |
| GAMCO INVESTORS, INC. ET AL 1.01% of their portfolio | 1.3m $91.6m | Reduced -6.3k |
| VANGUARD GROUP INC 0.00% of their portfolio | 1.2m $85.3m | Reduced -275.7k |
| GABELLI FUNDS LLC 0.38% of their portfolio | 726.7k $50.2m | Added +17.5k |
| LOOMIS SAYLES & CO L P 0.06% of their portfolio | 619.3k $42.8m | Reduced -9.9k |
| MILLENNIUM MANAGEMENT LLC 0.03% of their portfolio | 495.5k $34.3m | Added +224.8k |
| AMERICAN CENTURY COMPANIES INC 0.02% of their portfolio | 450.2k $31.1m | Reduced -14.5k |
| CITADEL ADVISORS LLC 0.03% of their portfolio | 441.4k $30.5m | Added +5.8k |
| BlackRock, Inc. 0.00% of their portfolio | 365.8k $25.3m | Reduced -12.5k |
| Alyeska Investment Group, L.P. 0.10% of their portfolio | 344.8k $23.8m | Reduced -135.5k |
| HAWK RIDGE CAPITAL MANAGEMENT LP 1.11% of their portfolio | 338.8k $23.4m | New |
| ThornTree Capital Partners LP 3.06% of their portfolio | 200.4k $13.9m | Reduced -151.6k |
| J. Goldman & Co LP 0.48% of their portfolio | 195.7k $13.5m | New |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 188.9k $13.1m | Added +15.9k |
| FMR LLC 0.00% of their portfolio | 186.7k $12.9m | Reduced -42.3k |
| D. E. Shaw & Co., Inc. 0.01% of their portfolio | 181.2k $12.5m | Added +1.3k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 176.7k $12.2m | Added +7.4k |
| TCW GROUP INC 0.10% of their portfolio | 168.4k $11.6m | Unchanged |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 157.9k $10.9m | Reduced -69.5k |
| Point72 Asset Management, L.P. 0.02% of their portfolio | 127.6k $8.8m | Added +20.5k |
| STATE STREET CORP 0.00% of their portfolio | 113.8k $7.9m | Reduced -9.0k |
| State of Alaska, Department of Revenue 0.07% of their portfolio | 95.0k $6.6m | Unchanged |
| TUDOR INVESTMENT CORP ET AL 0.06% of their portfolio | 92.7k $6.4m | Added +40.7k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 86.9k $6.0m | Reduced -6.9k |
| GABELLI & Co INVESTMENT ADVISERS, INC. 0.79% of their portfolio | 76.0k $5.3m | Added +29.6k |
| MORGAN STANLEY 0.00% of their portfolio | 75.4k $5.2m | Reduced -16.2k |
| Tiptree Advisors, LLC 4.29% of their portfolio | 75.0k $5.2m | Unchanged |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 69.6k $4.8m | Added +31.6k |
| Man Group plc 0.01% of their portfolio | 68.7k $4.8m | Reduced -45.8k |
| ExodusPoint Capital Management, LP 0.06% of their portfolio | 62.5k $4.3m | Added +7.0k |
| Qube Research & Technologies Ltd 0.01% of their portfolio | 60.3k $4.2m | New |
| Informed Momentum Co LLC 0.70% of their portfolio | 58.4k $4.0m | New |
| MARSHALL WACE, LLP 0.01% of their portfolio | 56.5k $3.9m | Added +15.6k |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 55.7k $3.8m | Added +38.4k |
| Invesco Ltd. 0.00% of their portfolio | 55.6k $3.8m | New |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 53.8k $3.7m | Added +11.9k |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 52.7k $3.6m | Reduced -15.5k |
| Significant Wealth Partners LLC 1.64% of their portfolio | 46.2k $3.2m | Unchanged |
| NORTHERN TRUST CORP 0.00% of their portfolio | 43.3k $3.0m | Reduced -2.6k |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 39.2k $2.7m | Reduced -21.7k |
| MARINER INVESTMENT GROUP LLC 0.96% of their portfolio | 35.0k $2.4m | Added +4.0k |
| Caption Management, LLC 0.10% of their portfolio | 30.4k $2.1m | Added +19.7k |
| Swiss National Bank 0.00% of their portfolio | 30.3k $2.1m | Reduced -1.0k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 27.8k $1.9m | Added +21.9k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 26.3k $1.8m | Added +11.5k |
| HRT FINANCIAL LP 0.01% of their portfolio | 23.0k $1.6m | New |
| OP Asset Management Ltd 0.03% of their portfolio | 22.4k $1.6m | First filing |
| Promus Capital, LLC 1.17% of their portfolio | 22.3k $1.5m | Unchanged |
| Central Pacific Bank - Trust Division 0.21% of their portfolio | 21.9k $1.5m | Added +300 |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.01% of their portfolio | 20.8k $1.4m | Added +3.3k |
| Connor, Clark & Lunn Investment Management Ltd. 0.01% of their portfolio | 19.0k $1.3m | Added +3.9k |
| BARCLAYS PLC 0.00% of their portfolio | 17.3k $1.2m | Reduced -31.2k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 17.0k $1.2m | Added +485 |
| Legal & General Group Plc 0.00% of their portfolio | 14.9k $1.0m | Added +537 |
| VIRGINIA RETIREMENT SYSTEMS ET Al 0.01% of their portfolio | 14.8k $1.0m | First filing |
| Squarepoint Ops LLC 0.00% of their portfolio | 14.3k $986.8k | New |
| Atria Wealth Solutions, Inc. 0.01% of their portfolio | 14.0k $968.1k | Added +7.0k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 13.7k $947.7k | Unchanged |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.02% of their portfolio | 13.5k $932.6k | Reduced -49.4k |
| Cubist Systematic Strategies, LLC 0.01% of their portfolio | 13.5k $930.8k | Added +3.9k |
| SCOGGIN MANAGEMENT LP 0.43% of their portfolio | 12.5k $864.4k | New |
| UBS Group AG 0.00% of their portfolio | 11.6k $801.4k | Reduced -80.5k |
| Welch Group, LLC 0.03% of their portfolio | 11.0k $763.0k | Unchanged |
| Empowered Funds, LLC 0.01% of their portfolio | 10.9k $755.7k | Reduced -24.4k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 10.6k $731.0k | Reduced -200 |
| Bank of New York Mellon Corp 0.00% of their portfolio | 10.2k $703.0k | Reduced -336 |
| OCCUDO QUANTITATIVE STRATEGIES LP 0.08% of their portfolio | 9.2k $638.2k | New |
| Magnetar Financial LLC 0.01% of their portfolio | 8.6k $592.0k | New |
| Verition Fund Management LLC 0.00% of their portfolio | 8.5k $586.8k | Added +3.1k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.00% of their portfolio | 8.4k $580.6k | Reduced -7.0k |
| REAVES W H & CO INC 0.01% of their portfolio | 7.5k $518.6k | Unchanged |
| SEI INVESTMENTS CO 0.00% of their portfolio | 7.5k $515.3k | New |
| CANADA LIFE ASSURANCE Co 0.00% of their portfolio | 7.3k $502.0k | Unchanged |
| SageView Advisory Group, LLC 0.02% of their portfolio | 7.0k $484.1k | Unchanged |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 6.6k $457.5k | Reduced -255 |
| Creative Planning 0.00% of their portfolio | 6.6k $453.7k | Reduced -714 |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 6.3k $439.6k | Unchanged |
| State of Wyoming 0.06% of their portfolio | 6.2k $431.4k | Added +1.7k |
| TWO SIGMA ADVISERS, LP 0.00% of their portfolio | 6.2k $428.7k | Reduced -100 |
| Pathstone Holdings, LLC 0.00% of their portfolio | 6.1k $419.4k | Added +44 |
| CAXTON ASSOCIATES LLP 0.01% of their portfolio | 6.0k $412.8k | First filing |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.00% of their portfolio | 5.7k $394.2k | New |
| KLP KAPITALFORVALTNING AS 0.00% of their portfolio | 5.3k $366.5k | Unchanged |
| Avantax Planning Partners, Inc. 0.01% of their portfolio | 5.0k $345.8k | Unchanged |
| NISA INVESTMENT ADVISORS, LLC 0.00% of their portfolio | 4.9k $338.8k | Reduced -400 |
| MACKENZIE FINANCIAL CORP 0.00% of their portfolio | 4.6k $320.2k | New |
| INCEPTIONR LLC 0.10% of their portfolio | 4.6k $318.7k | New |
| Allianz Asset Management GmbH 0.00% of their portfolio | 4.5k $310.5k | Added +924 |
| ARIZONA STATE RETIREMENT SYSTEM 0.00% of their portfolio | 4.5k $310.0k | Reduced -132 |
| Ionic Capital Management LLC 0.35% of their portfolio | 4.4k $304.8k | New |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio | 4.3k $299.2k | New |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 4.2k $292.0k | Added +184 |
| JOHNSON INVESTMENT COUNSEL INC 0.00% of their portfolio | 4.2k $290.4k | Unchanged |
| Quantbot Technologies LP 0.01% of their portfolio | 4.1k $285.5k | New |
| GROUP ONE TRADING LLC 0.01% of their portfolio | 4.1k $281.0k | Reduced -8.5k |
| PDT Partners, LLC 0.02% of their portfolio | 3.8k $262.3k | Reduced -4 |
| BLAIR WILLIAM & CO/IL 0.00% of their portfolio | 3.5k $242.0k | Unchanged |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio | 3.5k $239.5k | Unchanged |
| ARISTEIA CAPITAL, L.L.C. 0.01% of their portfolio | 3.5k $239.1k | New |