Telus Corporation (TU): Hedge Fund Ownership & Smart Money Signals (Q1 2026)

Q: Is it too late to buy Telus Corporation (TU) following the 2026 Q1 hedge fund 13F filings?

As of today, TU has moved -6.6% since the 2026 Q1 13F filing date (May 15, 2026), compared to -3.4% for the XLC sector ETF — an outperformance of -3.2%. Since the quarter end (March 31, 2026), TU gained -8.1% vs +1.2% for XLC. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Telus Corporation (TU)

285 + Investors. Track Smart Money conviction in TU. See who's accumulating, reducing, or initiating positions.

Smart Money Signals — TU

Based on 286 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q

For 1 consecutive quarter, more hedge funds reduced or closed their TU positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

📊

High ownership — 93% of 3.0Y peak

93% of all-time peak

286 funds currently hold this stock — 93% of the 3.0-year high of 309 funds (reached 2025 Q4). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.

〰️

Stable — ownership unchanged year-over-year

fund count last 6Q

The number of hedge funds holding TU is almost the same as a year ago (+1 funds, +0% change). No significant rush to buy or sell — institutional backing is holding steady.

🟡

Slight buying edge — 50% buying

148 buying150 selling

Last quarter: 148 funds bought or added vs 150 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

⚠️

Fewer new buyers each quarter (-20 vs last Q)

new funds entering per quarter

Funds opening this position for the first time: 46 → 33 → 54 → 34. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.

🔒

72% of holders stayed for 2+ years

■ 72% conviction (2yr+) ■ 18% medium ■ 10% new

205 out of 286 hedge funds have held TU for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

📈

Growing discovery — still being found

39 → 46 → 33 → 54 → 34 new funds/Q

New funds entering each quarter: 46 → 33 → 54 → 34. A growing number of institutions are discovering TU each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.

🏛️

Deep conviction — 78% of holders stayed 2+ years

■ 78% veterans ■ 8% 1-2yr ■ 14% new

Of 304 current holders: 236 (78%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.

🏆

Elite ownership — 50% AUM from top-100 funds

50% from top-100 AUM funds

50 of 286 holders are among the 100 largest funds by AUM, controlling 50% of total institutional value in TU. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

2.9

out of 10

Low Exit Risk

Exit risk score 2.9/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Metric	All 13F Filers (2026 Q1)	Prior (2025 Q4)	Change
Funds Holding	285	309	-7.77%
13F Shares	761M	804M	-5.33%
Total Value	$9.75B	$10.63B	-8.23%
New Positions	34	54	-20
Increased Positions	108	96	+12
Closed Positions	58	45	+13
Reduced Positions	90	117	-27
Total Calls	9	12	-25.0%
Total Puts	9	11	-18.18%
PUT/CALL Ratio	1.0	0.92	Neutral

Metric

All 13F Filers (2026 Q1)

Prior (2025 Q4)

Change

Funds Holding

285

309

-7.77%

13F Shares

761M

804M

-5.33%

Total Value

$9.75B

$10.63B

-8.23%

New Positions

-20

Increased Positions

108

+12

Closed Positions

+13

Reduced Positions

117

-27

Total Calls

-25.0%

Total Puts

-18.18%

PUT/CALL Ratio

1.0

0.92

Neutral

Institutional Holders (2026 Q1)

285 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in TU. Verified SEC 13F-HR filings.

QUARTER:

FILTER:All New Added To Reduced No Change | Overweight >5%

Top 25 TU holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
#	Investor	% of Portfolio	Shares	Mkt Value
1	Heathbridge Capital Management Ltd.	5.39%	1,155,900	$14.8M
2	SIG North Trading, ULC	3.42%	13,305,600	$170.7M
3	Scheer, Rowlett & Associates Investment Management Ltd.	2.98%	3,224,096	$41.5M
4	Bank of Nova Scotia Trust Co	2.60%	2,363,948	$30.3M
5	SIG North Trading, ULC	2.22%	8,639,446	$110.8M
6	Timelo Investment Management Inc.	1.97%	195,000	$2.5M
7	Nicola Wealth Management LTD.	1.89%	1,223,219	$15.7M
8	Legend Capital Advisors LLC	1.55%	85,682	$2.5M
9	Letko, Brosseau & Associates Inc	1.54%	7,440,412	$95.3M
10	Intact Investment Management INC.	1.51%	4,133,462	$53.1M
11	Federation des caisses Desjardins du Quebec	1.42%	30,855,887	$394.9M
12	SIG North Trading, ULC	1.22%	4,735,500	$60.8M
13	Purpose Unlimited Inc.	1.09%	2,057,912	$26.4M
14	Cibc World Market INC.	1.02%	48,654,761	$625.2M
15	Scotia Capital INC.	0.89%	16,940,624	$217.4M
16	Mufg Securities (canada), LTD.	0.79%	2,145,630	$27.5M
17	TD Waterhouse Canada Inc.	0.78%	20,435,502	$263.9M
18	Fiera Capital Corp	0.71%	16,258,624	$208.7M
19	Wealth Advisors of Tampa Bay, LLC	0.71%	167,630	$2.2M
20	Pacifica Partners Inc.	0.68%	158,717	$2.0M
21	DKRT Investments Corp.	0.65%	200,000	$2.6M
22	Clean Yield Group	0.53%	146,028	$1.9M
23	Mackenzie Financial Corp	0.52%	33,641,206	$432.3M
24	Duff & Phelps Investment Management Co	0.50%	2,666,500	$47.7M
25	Gold Investment Management Ltd.	0.49%	124,443	$1.6M

Investor	Ownership History	% of Portfolio	Prev %	Rank	Conviction	Avg Buy Price	13F Score™ 3Y / 7Y	Sell Timing	Shares	Mkt Value	Change	Change %	Source	Quarter	Filed

Frequently Asked Questions — Telus Corporation (TU)

What does the Smart Money Trend signal show for TU?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their TU positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for TU?

Slight buying edge — 50% buying: Last quarter: 148 funds bought or added vs 150 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for TU holders?

Elite ownership — 50% AUM from top-100 funds: 50 of 286 holders are among the 100 largest funds by AUM, controlling 50% of total institutional value in TU. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held TU?

72% of holders stayed for 2+ years: 205 out of 286 hedge funds have held TU for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Telus Corporation (TU) following the 2026 Q1 hedge fund 13F filings?

As of today, TU has moved -6.6% since the 2026 Q1 13F filing date (May 15, 2026), compared to -3.4% for the XLC sector ETF — an outperformance of -3.2%. Since the quarter end (March 31, 2026), TU has gained -8.1% vs +1.2% for XLC. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

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Telus Corporation (TU)

Smart Money Signals — TU

Selling streak — 1 quarter in a row

High ownership — 93% of 3.0Y peak

Stable — ownership unchanged year-over-year

Slight buying edge — 50% buying

Fewer new buyers each quarter (-20 vs last Q)

72% of holders stayed for 2+ years

Growing discovery — still being found

Deep conviction — 78% of holders stayed 2+ years

Elite ownership — 50% AUM from top-100 funds

Institutional Sentiment Summary — TU

Hedge Fund Ownership: TU

Market Analysis: TU

Analyst Price Targets

Analyst Recommendations

Stock Performance

Company Profile: TU

Is It Too Late to Buy Telus Corporation (TU) Based on Hedge Fund 13F Filings?

Hedge Fund Positioning: TU

Statistics: TU

Valuation Measures Data as of: --

Financial Highlights

Institutional Holders (2026 Q1)

Frequently Asked Questions — Telus Corporation (TU)

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