Institutional ticker directory tracking stock mentions, long/short ideas, and high-conviction pitches extracted from quarterly hedge fund letters.
| Ticker | Company | Sector | Industry | Pitches | Stance |
|---|---|---|---|---|---|
| Fund / Manager | Thesis Excerpt | Stance | Period / Date | Action |
|---|---|---|---|---|
The Gabelli Global Content & Connectivity Fund Sergey Dluzhevskiy, CFA | “T-Mobile US Inc. (4.5%; -19.7%) was the largest detractor from performance during the quarter, largely impacted by investors' generally negative reaction to press speculation about possible combination of TMUS with its 54%-owner, Deutsche Telekom, as well as concerns about Starlink's potential entry into the wireless market over the medium term. T-Mobile US Inc. (4.5%) (TMUS – $167.73 – NASDAQ) is the second-largest wireless operator in the U.S., serving over 142 million branded customers. In February 2026, the company hosted a Capital Markets Day, where it increased its 2027 targets for service revenue, EBITDA, and free cash flow. Management expects meaningful incremental growth over the next few years, driven by (a) continued share gains across various market segments, (b) growth of the broadband business, and (c) leveraging the firm's scale and its 5G Advanced network to expand into new growth areas (including advertising, financial services, and long-term opportunities in edge and physical AI).” | NEUTRAL | Q2 2026 Aug 14, 2026 | View Pitch |
SoftBank Group Masayoshi Son | “SBG sold a portion of its T-Mobile shares. An investment loss of ¥572,143 million was recorded due to a share price decline from the beginning of fiscal 2025 to the time of the sale. In addition, an investment loss of ¥84,695 million was recorded for T-Mobile shares held at the fiscal year-end due to a share price decline from the beginning of fiscal 2025. SBG sold 75.4 million T-Mobile shares for $16.25 billion (¥2,441,049 million). The carrying amount of T-Mobile shares decreased by ¥3,068,273 million, bringing the balance at the fiscal year-end to ¥335,796 million. Cash proceeds of $1.64 billion were generated through prepaid forward contracts using the shares.” | NEUTRAL | Q2 2026 Jul 29, 2026 | View Pitch |
Reaves Asset Management Jay Rhame (CEO), Tim Porter (CIO) | “T-Mobile US is one of the largest nationwide mobile wireless network operators in the United States, offering cellular connectivity and fixed wireless broadband. Despite near-term stock weakness (-79 bps net impact), the manager maintains a constructive, bullish posture on the company's core asset value, viewing market concerns over competitive encroachment and direct-to-cell satellite disruption as overblown. The business model benefits from immense scale advantages, high subscriber retention, and substantial operating leverage inherent in running a national cellular network. While competing retail price adjustments from AT&T and Verizon temporarily compressed T-Mobile's pricing delta, the firm's spectrum depth and lower cost per gigabit support durable free cash flow margins. The manager notes that satellite alternatives lack the terrestrial throughput and spectrum capacity necessary to disrupt urban or suburban mobile broadband. Near-term catalysts include clarity surrounding Deutsche Telekom's ownership intentions, continued post-paid phone subscriber additions, and sustained share buybacks. Primary downside risks encompass prolonged retail price wars among national carriers and persistent negative headline sentiment surrounding space-based communications.” | BULL | Q2 2026 Jun 30, 2026 | View Pitch |
Hardman Johnston Global Equity Cassandra A. Hardman | “Quarterly Liquidations: T-Mobile US, Inc. BSD Analysis: T-Mobile has completed one of the most successful telecom consolidations ever, translating scale into sustained market share gains. Network quality now matches or exceeds peers, removing the last competitive excuse. Pricing discipline has improved across the industry, benefiting margins. Customer churn remains best-in-class. Capital intensity is declining as integration capex rolls off. Investors worry about saturation, but share shifts continue. Fixed wireless adds a new growth vector. This is telecom with real operating leverage. The disruptor became the incumbent — profitably.” | BEAR | Q4 2025 Dec 31, 2025 | View Pitch |
Hardman Johnston Global Equity Cassandra A. Hardman | “Within Communication Services, T-Mobile US, Inc. was the main driver of underperformance. While T-Mobile's financial results were solid, the stock price fell after 1Q net subscriber adds came in just shy of expectations, disappointing a market that has come conditioned to expecting positive surprises from the company. However, we continue to see historically low churn and strong average revenue per user growth as reasons to remain optimistic. Additionally, we believe the completion of a few outstanding acquisitions, including US Cellular, will boost longer-term growth prospects. BSD Analysis: T-Mobile turned its merger with Sprint into one of the great telecom execution stories, building a network advantage that still shows up in churn and subscriber growth. Its mid-band 5G leadership creates a performance gap competitors struggle to close. With the heavy integration phase behind it, T-Mobile is shifting into a capital-return machine with rising free cash flow. The company keeps expanding into rural and enterprise segments where it was once weak. Cable's move into wireless is a real competitive wrinkle, but T-Mobile's cost structure and spectrum position help protect margins. The brand remains strong with younger demographics and switchers. This is the most compelling growth-and-cash-flow story in U.S. telecom.” | BULL | Q2 2025 Jun 30, 2025 | View Pitch |
Columbia Global Technology Growth Fund Columbia Management Investment Advisers, LLC | “Quarterly earnings results for T-Mobile (TMUS) that featured new subscriber metrics that came in slightly below investor expectations and hinted at an increased competitive environment resulted in shares falling about 10% during the quarter. Investors also fretted about elevated promotional activity, but the company's dominant market position against a backdrop of elevated customer churn does present the opportunity to gain market share. BSD Analysis: T-Mobile is the unavoidable 5G network leader, having successfully integrated Sprint and executed a definitive, multi-year synergy plan that now provides a structural cost advantage over its slower-moving rivals. The investment thesis is a high-growth play on continued market share capture in the high-value postpaid segment, particularly in rural and small markets previously ignored by the Un-carrier. The superiority of its Ultra Capacity 5G network, built on key mid-band spectrum, is an unreplicable technical moat that minimizes competitive pricing pressure. TMUS's massive, compounding Free Cash Flow is now being aggressively deployed into a multi-billion-dollar buyback program, acting as a definitive catalyst for substantial EPS growth.” | BULL | Q2 2025 Jun 30, 2025 | View Pitch |
Each excerpt above is the manager's commentary on this ticker specifically. The full letter has the rest of their portfolio thinking, risk discussion, and broader institutional context.
