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5%+ stakes · Schedule 13D and 13G

Telephone and Data Systems, Inc.: 5%+ holders

Who has reported owning 5% or more of Telephone and Data Systems, Inc., from Schedule 13D and 13G filings: each holder's stake as filed, the timeline, and the purpose each 13D states, quoted.

At 5% or more3
Filings11
Latest filing2026-09-02

Telephone and Data Systems, Inc. has 11 Schedule 13D or 13G filings on record since 2025-08-05. 3 holders' latest filing reports 5% or more of common shares ($0.01 par value). Each figure below is the holder's own, as filed, with the filing linked.

Holders

HolderPercentSharesLatestEvent date
The Trustees of Amendment and Restatement (dated as of April 22, 2005) of Voting Trust under Agreement dated as of June 30, 198911.7%13,519,478SCHEDULE 13D/A, 2026-09-022026-09-01
Picton Mahoney Asset Management11.2%1,880,616SCHEDULE 13G/A, 2026-08-112026-06-30
Vanguard Portfolio Management5.92%6,303,052SCHEDULE 13G, 2026-04-292026-03-31
The Vanguard Group0%0SCHEDULE 13G/A, 2026-03-272026-03-13

Purpose of Transaction (Item 4)

The Trustees of Amendment and Restatement (dated as of April 22, 2005) of Voting Trust under Agreement dated as of June 30, 1989

This Item 4 is being updated by the following information. On September 1, 2026, the Issuer 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that it is no longer pursuing the acquisition of the Array Common Shares that it does not already own and has withdrawn its previously disclosed proposal.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 the Issuer would have been exchanged for 0.86 of a TDS Common Share, subject to the assumptions set forth in the Proposal. The Issuer will retain its approximately 82% ownership interest in Array. A copy of the Press Release is filed herewith as Exhibit 2. The Issuer may in the future recommence its efforts to acquire the Array Common Shares it does not own or pursue other potential transactions involving the Issuer and Array and may, from time to time, acquire additional Array Common Shares or engage in discussions with Array or members of its Board of Directors regarding any such transactions. Except as disclosed or incorporated by reference herein, the Voting Trust does not have any current intention, plan or proposal with respect to any of the matters specified in paragraphs (a) through (j) of Item 4 of Schedule 13D. The Trustees intend to maintain the ability to keep or dispose of the voting control of the Issuer. The Trustees intend that the Issuer maintain the ability to keep or dispose of the voting control of Array. The Trustees also retain the right to change their intent, to acquire …The first part of Item 4 of the SCHEDULE 13D/A filed 2026-09-02; the filing has the rest

Timeline

FiledHolderPercentFiling
2025-08-05Telephone & Data Systems Inc Voting Trust 198911.7%SCHEDULE 13D/A
2025-08-06Picton Mahoney Asset Management5.94%SCHEDULE 13G
2025-08-18Picton Mahoney Asset Management7.1%SCHEDULE 13G/A
2025-10-15Picton Mahoney Asset Management8.1%SCHEDULE 13G/A
2026-01-30The Vanguard Group10.53%SCHEDULE 13G/A
2026-03-27The Vanguard Group0%SCHEDULE 13G/A
2026-04-27Picton Mahoney Asset Management10.06%SCHEDULE 13G/A
2026-04-29Vanguard Portfolio Management5.92%SCHEDULE 13G
2026-05-08The Trustees of Amendment and Restatement (dated as of April 22, 2005) of Voting Trust under Agreement dated as of June 30, 198911.9%SCHEDULE 13D/A
2026-08-11Picton Mahoney Asset Management11.2%SCHEDULE 13G/A
2026-09-02The Trustees of Amendment and Restatement (dated as of April 22, 2005) of Voting Trust under Agreement dated as of June 30, 198911.7%SCHEDULE 13D/A

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Where this comes from

Anyone who comes to own more than 5% of a class of a listed company's voting shares has to tell the SEC. A holder who may seek to change or influence the company files Schedule 13D, and has to say in Item 4, "Purpose of Transaction", what it intends to do. A holder with no such intent, such as many index and passive funds, may file the shorter Schedule 13G. Both are amended when the stake changes, including when it falls below 5%.

Every row here is one of those filings, linked to the filing itself. Percentages and share counts are exactly as the holder filed them, for the holder the filing names; an amendment showing a lower figure is shown as filed. Item 4 text is quoted word for word. Where a 13D's Item 4 contains a sentence stating a definite intent to influence the company, that sentence is marked and quoted; the page does not describe the holder or its motives beyond the words it filed. Nothing here is investment advice.

Cite this page

Permanent URL: https://mentionfox.com/stakes/telephone-and-data-systems
Last updated 2026-09-27
Primary record: SEC filing 1 · SEC filing 2 · SEC filing 3 · SEC filing 4
Telephone and Data Systems, Inc. 5%+ holders: 3 at 5% or more, largest The Trustees of Amendment and Restatement (dated as of April 22, 2005) of Voting Trust under Agreement dated as of June 30, 1989 11.7%. MentionFox, 2026-09-27. https://mentionfox.com/stakes/telephone-and-data-systems