Daniel Loeb acquired 6.28M Telephone And Data Systems shares worth $238M. That's 5.77% of their entire equity portfolio (4th largest holding). The investor owns 5.92% of the outstanding Telephone And Data Systems stock. Daniel Loeb started to build up the position in Telephone And Data Systems in Q3 2023 and continued to invest until Q1 2025. Since then they sold 485k shares. The stake costed the investor $157M, netting the investor a gain of 51% so far.