SecurityTU / TELUS Corp.
InstitutionBank Of Montreal /can/
Shares14,411,267
Value $ 506,700,000

Bank Of Montreal /can/ reports 4.39% increase in ownership of TU / TELUS Corp.

April 13, 2018 - Bank Of Montreal /can/ has filed a 13F-HR form disclosing ownership of 14,411,267 shares of TELUS Corp. (NYSE:TU) with total holdings valued at $506,700,000 USD as of March 31, 2018. Bank Of Montreal /can/ had filed a previous 13F-HR on January 16, 2018 disclosing 13,804,767 shares of TELUS Corp. at a value of $522,787,000 USD. This represents a change in shares of 4.39 percent and a change in value of -3.08 percent during the quarter.

Bank Of Montreal /can/ has a history of taking positions in derivatives of the underlying security (TU) in the form of stock options. The firm currently holds 0 call options valued at $0 USD and 22,500 put options valued at $791,000 USD .

Other investors with positions similar to Bank Of Montreal /can/ include FMR LLC / Fidelity, 1832 Asset Management L.P., I.g. Investment Management, Ltd., Manufacturers Life Insurance Company, The, Td Asset Management Inc, and CIBC World Markets Inc..

13F Filings

The Security, Class, and CUSIP columns in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names and cusips.

In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

Effective
Date
Form Security Class CUSIP Share
Price
Shares Change
(%)
Value
(x1000)
Change
(%)
Cost
(x1000)
Profit
(x1000)
Return
(%)
2018-03-31 13F-HR TELUS COM 87971M103 36.52 14,411,267 4.39 506,700 -3.08 22,146 -38,233 -7.31
2017-12-31 13F-HR TELUS COM 87971M103 36.92 13,804,767 -9.90 522,787 -5.14 -55,997 27,671 5.02
2017-09-30 13F-HR TELUS COM 87971M103 35.24 15,321,466 -2.15 551,113 1.96 -11,848 22,460 4.16
2017-06-30 13F-HR TELUS COM 87971M103 33.50 15,657,620 -23.13 540,501 -18.30 -157,792 36,746 5.55
2017-03-31 13F-HR TELUS COM 87971M103 31.86 20,367,826 14.66 661,547 19.24 82,932 23,832 4.30
2016-12-31 13F-HR TELUS COM 87971M103 32.12 17,764,403 -3.18 554,783 -8.37 -18,717 -31,958 -5.28
2016-09-30 13F-HR *TELUS COM 87971M103 32.60 18,347,216 -2.87 605,458 -0.46 -17,685 14,895 2.45
2016-06-30 13F-HR *TELUS COM 87971M103 32.36 18,889,702 1.17 608,248 0.14 7,075 -6,197 -1.02
2016-03-31 13F-HR *TELUS COM 87971M103 30.09 18,671,099 -1.43 607,370 15.97 -8,123 91,773 17.52
2015-12-31 13F-HR *TELUS COM 87971M103 29.60 18,941,048 -10.70 523,720 -21.72 -67,181 -78,096 -11.67
2015-09-30 13F-HR *TELUS COM 87971M103 32.99 21,211,069 -8.78 668,997 -16.46 -67,363 -64,474 -8.05
2015-06-30 13F-HR *TELUS COM 87971M103 33.84 23,252,983 0.08 800,834 3.70 654 27,894 3.61
2015-03-31 13F-HR *TELUS COM 87971M103 34.64 23,233,652 10.77 772,286 2.16 78,250 -61,892 -8.19
2014-12-31 13F-HR *TELUS COM 87971M103 35.11 20,974,717 -7.99 755,928 -2.99 -63,968 40,707 5.22
2014-09-30 13F-HR *TELUS COM 87971M103 35.71 22,796,659 6.59 779,189 -2.17 50,326 -67,602 -8.49
2014-06-30 13F-HR *TELUS COM 87971M103 36.60 21,387,359 26.34 796,465 30.88 163,189 24,713 4.06
2014-03-31 13F-HR *TELUS COM 87971M103 35.95 16,928,036 608,563 585,518 5 0.02

Call Options

Effective
Date
Form Security Class CUSIP Opt Share
Price
Shares Change
(%)
Value
(x1000)
Change
(%)
Cost
(x1000)
Profit
(x1000)
Return
(%)
2017-12-31 13F-HR TELUS COM 87971M103 Call 0 -100.00 0 -100.00
2017-09-30 13F-HR TELUS COM 87971M103 Call 35.24 237,700 -52.46 8,550 -50.46 -9,245 535 3.10
2017-06-30 13F-HR TELUS COM 87971M103 Call 500,000 17,260
2017-03-31 13F-HR TELUS COM 87971M103 Call 0 -100.00 0 -100.00
2016-12-31 13F-HR TELUS COM 87971M103 Call 32.10 15,000 -87.50 468 -88.18 -3,370 -122 -3.07
2016-09-30 13F-HR *TELUS COM 87971M103 Call 120,000 3,960
2016-06-30 13F-HR *TELUS COM 87971M103 Call 0 -100.00 0 -100.00
2016-03-31 13F-HR *TELUS COM 87971M103 Call 30.09 40,000 -73.14 1,301 -68.40 -3,276 460 11.19
2015-12-31 13F-HR *TELUS COM 87971M103 Call 148,900 4,117
2015-09-30 13F-HR *TELUS COM 87971M103 Call 0 -100.00 0 -100.00
2015-06-30 13F-HR *TELUS COM 87971M103 Call 355,000 12,226
2014-12-31 13F-HR *TELUS COM 87971M103 Call 0 -100.00 0 -100.00
2014-09-30 13F-HR *TELUS COM 87971M103 Call 35.70 7,200 -98.22 246 -98.36 -14,167 -632 -4.20
2014-06-30 13F-HR *TELUS COM 87971M103 Call 36.59 404,000 -36.96 15,045 -34.70 -8,669 674 2.93
2014-03-31 13F-HR *TELUS COM 87971M103 Call 640,900 23,040

Put Options

Effective
Date
Form Security Class CUSIP Opt Share
Price
Shares Change
(%)
Value
(x1000)
Change
(%)
Cost
(x1000)
Profit
(x1000)
Return
(%)
2018-03-31 13F-HR TELUS COM 87971M103 Put 22,500 791


CUSIP: 87971M103