Who holds ticker verified against the SEC company list on 2026-09-10 — a reviewed name-and-class mapping row, never an inferred symbol. how tickers are mapped ↗

T-MOBILE US INC · COM · quarter ended 2026-03-31 · 21 members disclosed TMUS ↗

13F filers reporting this class for the quarter ended 2026-03-31; 1–500 of 1,408 holders are listed, largest first: 1,408
sum of the reported values across every holder; NULL values are excluded, never zero-filled: $78.9B
holders whose share count rose or who opened the position (new + add), by shares: 737
holders absent this quarter after holding last quarter — inferred from absence, not a sale record: 170

Holders — quarter ended 2026-03-31

ranked by reported value · Δ shares vs 2025-12-31 · kind by shares

13F holders of TMUS ranked by reported value
#	Filer	Reported value	Shares	Δ shares	Change
1	BlackRock, Inc.	$8.2B	39,115,867	+53,392	ADD
2	VANGUARD CAPITAL MANAGEMENT LLC	$6.2B	29,726,319	—	NO PRIOR
3	STATE STREET CORP	$5.0B	23,719,298	−1,562,411	TRIM
4	WELLINGTON MANAGEMENT GROUP LLP	$3.6B	17,200,244	+616,816	ADD
5	MORGAN STANLEY	$3.0B	14,387,032	+1,804,350	ADD
6	FMR LLC	$2.6B	12,529,473	−3,202,889	TRIM
7	GEODE CAPITAL MANAGEMENT, LLC	$2.6B	12,431,706	+224,452	ADD
8	SOFTBANK GROUP CORP.	$2.1B	10,000,000	−18,503,696	TRIM
9	VANGUARD PORTFOLIO MANAGEMENT LLC	$2.1B	9,935,386	—	NO PRIOR
10	Invesco Ltd.	$1.7B	8,111,959	−618,526	TRIM
11	FRANKLIN RESOURCES INC	$1.5B	7,048,146	+652,256	ADD
12	BARCLAYS PLC	$1.4B	6,610,449	+3,488,190	ADD
13	CANADA PENSION PLAN INVESTMENT BOARD	$1.3B	6,062,911	+272,656	ADD
14	Capital International Investors	$1.3B	6,033,107	−8,814,590	TRIM
15	Bank of New York Mellon Corp	$1.1B	5,113,509	−144,820	TRIM
16	NORTHERN TRUST CORP	$965M	4,594,338	−203,046	TRIM
17	JANE STREET GROUP, LLC	$938M	4,468,259	+3,132,510	ADD
18	Nuveen, LLC	$918M	4,371,891	+2,111,149	ADD
19	UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC	$847M	4,032,597	−926,013	TRIM
20	TWO SIGMA INVESTMENTS, LP	$817M	3,891,468	+2,707,603	ADD
21	DIMENSIONAL FUND ADVISORS LP	$801M	3,813,709	+7,627	ADD
22	CHARLES SCHWAB INVESTMENT MANAGEMENT INC	$782M	3,725,281	+127,153	ADD
23	Amundi	$773M	3,679,795	+1,062,643	ADD
24	AMERIPRISE FINANCIAL INC	$773M	3,678,860	+1,052,388	ADD
25	Legal & General Group Plc	$736M	3,502,746	+67,682	ADD
26	DEUTSCHE BANK AG\	$701M	3,338,296	+1,179,987	ADD
27	ALLIANCEBERNSTEIN L.P.	$694M	3,417,824	+549,277	ADD
28	UBS Group AG	$693M	3,299,280	+344,717	ADD
29	Clearbridge Investments, LLC	$666M	3,171,930	+406,916	ADD
30	BANK OF AMERICA CORP /DE/	$662M	3,153,473	−45,605	TRIM
31	VIKING GLOBAL INVESTORS LP	$623M	2,967,374	−786,844	TRIM
32	AQR CAPITAL MANAGEMENT LLC	$565M	2,690,107	+1,440,342	ADD
33	VANGUARD FIDUCIARY TRUST CO	$555M	2,641,971	—	NO PRIOR
34	CITADEL ADVISORS LLC	$528M	2,512,094	+1,473,318	ADD
35	ROYAL BANK OF CANADA	$526M	2,503,456	−499,651	TRIM
36	Boston Partners	$504M	2,402,550	+72,594	ADD
37	PRINCIPAL FINANCIAL GROUP INC	$414M	1,971,069	+178,965	ADD
38	Capital Research Global Investors	$381M	1,814,581	+1,814,581	NEW
39	RAYMOND JAMES FINANCIAL INC	$365M	1,728,290	−75,384	TRIM
40	VICTORY CAPITAL MANAGEMENT INC	$364M	1,732,888	+926,035	ADD
41	CITIGROUP INC	$313M	1,490,552	+198,859	ADD
42	MILLENNIUM MANAGEMENT LLC	$313M	1,488,585	+433,060	ADD
43	Swiss National Bank	$310M	1,477,202	+89,400	ADD
44	ProShare Advisors LLC	$310M	1,474,887	−361,256	TRIM
45	CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM	$304M	1,449,168	+198,287	ADD
46	Point72 Asset Management, L.P.	$303M	1,441,655	+1,364,049	ADD
47	DnB Asset Management AS	$293M	1,396,143	+330,905	ADD
48	Sumitomo Mitsui Trust Group, Inc.	$278M	1,323,170	−71,447	TRIM
49	Mitsubishi UFJ Asset Management Co., Ltd.	$268M	1,274,245	+66,406	ADD
50	National Pension Service	$261M	1,244,289	+1,244,289	NEW
51	Qube Research & Technologies Ltd	$240M	1,144,612	−40,004	TRIM
52	ARROWSTREET CAPITAL, LIMITED PARTNERSHIP	$238M	1,131,123	−572,717	TRIM
53	HSBC HOLDINGS PLC	$231M	1,100,701	−1,138,085	TRIM
54	CAISSE DE DEPOT ET PLACEMENT DU QUEBEC	$224M	1,067,946	+407,433	ADD
55	Vanguard Global Advisers, LLC	$224M	1,064,489	—	NO PRIOR
56	TD ASSET MANAGEMENT INC	$222M	1,058,179	−365,776	TRIM
57	WELLS FARGO & COMPANY/MN	$221M	1,052,716	+51,148	ADD
58	CIBC Bancorp USA Inc.	$219M	1,042,873	—	NO PRIOR
59	Man Group plc	$216M	1,027,775	+420,810	ADD
60	Daiwa Securities Group Inc.	$214M	1,019,493	+837,575	ADD
61	Squarepoint Ops LLC	$209M	993,469	−241,843	TRIM
62	D. E. Shaw & Co., Inc.	$201M	957,435	−1,573,411	TRIM
63	ENVESTNET ASSET MANAGEMENT INC	$183M	872,596	−158,323	TRIM
64	PUBLIC SECTOR PENSION INVESTMENT BOARD	$179M	852,658	+748,402	ADD
65	VANGUARD ASSET MANAGEMENT, Ltd	$177M	843,369	—	NO PRIOR
66	NATIONAL BANK OF CANADA /FI/	$177M	841,338	−130,390	TRIM
67	OMERS ADMINISTRATION Corp	$176M	839,791	+5,223	ADD
68	SCHRODER INVESTMENT MANAGEMENT GROUP	$173M	808,528	+108,656	ADD
69	MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.	$167M	793,426	−28,354	TRIM
70	HighTower Advisors, LLC	$163M	774,484	+72,072	ADD
71	WORLDQUANT MILLENNIUM ADVISORS LLC	$153M	727,895	−231,186	TRIM
72	AVIVA PLC	$152M	724,936	+70,190	ADD
73	FIL Ltd	$151M	718,433	+185,292	ADD
74	MANUFACTURERS LIFE INSURANCE COMPANY, THE	$146M	693,469	−7,911	TRIM
75	NEOS Investment Management LLC	$142M	676,409	+147,964	ADD
76	AMERICAN CENTURY COMPANIES INC	$140M	667,954	+73,008	ADD
77	FIRST TRUST ADVISORS LP	$139M	662,905	−283,741	TRIM
78	Janus Henderson Group Ltd.	$131M	622,311	−504,218	TRIM
79	Assenagon Asset Management S.A.	$129M	614,419	−152,954	TRIM
80	Universal- Beteiligungs- und Servicegesellschaft mbH	$128M	617,232	+11,207	ADD
81	BALYASNY ASSET MANAGEMENT L.P.	$128M	610,673	+512,269	ADD
82	BANK OF MONTREAL /CAN/	$127M	603,190	−115,383	TRIM
83	WEALTH ENHANCEMENT ADVISORY SERVICES, LLC	$125M	676,657	+35,996	ADD
84	BRISTOL JOHN W & CO INC /NY/	$115M	547,863	−4,771	TRIM
85	BNP Paribas Asset Management Holding S.A.	$114M	543,004	−505,838	TRIM
86	NEW YORK STATE COMMON RETIREMENT FUND	$112M	531,977	+20,000	ADD
87	MASSACHUSETTS FINANCIAL SERVICES CO /MA/	$110M	523,323	+300,480	ADD
88	Quilter Plc	$109M	521,057	+55,219	ADD
89	STOREBRAND ASSET MANAGEMENT AS	$109M	520,151	—	NO PRIOR
90	LPL Financial LLC	$109M	518,393	−10,295	TRIM
91	Engineers Gate Manager LP	$106M	506,466	+448,953	ADD
92	Eurizon Capital SGR S.p.A.	$104M	490,523	−48,279	TRIM
93	DAVIDSON KEMPNER CAPITAL MANAGEMENT LP	$102M	484,890	+484,890	NEW
94	Mirae Asset Global Investments Co., Ltd.	$101M	482,983	+31,469	ADD
95	COMMERCE BANK	$99.0M	471,246	−20,839	TRIM
96	Korea Investment CORP	$95.0M	452,366	−38,406	TRIM
97	DANSKE BANK A/S	$92.5M	440,186	+35,113	ADD
98	PRIMECAP MANAGEMENT CO/CA/	$91.9M	437,439	−1,020	TRIM
99	SUSQUEHANNA INTERNATIONAL GROUP, LLP	$91.5M	435,593	+156,218	ADD
100	STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM	$89.0M	423,945	−1,021	TRIM
101	NOMURA ASSET MANAGEMENT CO LTD	$86.5M	411,799	+176,814	ADD
102	STIFEL FINANCIAL CORP	$85.2M	405,557	+48,578	ADD
103	Empower Advisory Group, LLC	$84.8M	403,831	+118,016	ADD
104	Life Cycle Investment Partners Ltd	$83.5M	397,737	+139,474	ADD
105	ROYAL LONDON ASSET MANAGEMENT LTD	$83.3M	396,825	+3,545	ADD
106	ADAGE CAPITAL PARTNERS GP, L.L.C.	$82.8M	394,434	−300	TRIM
107	FIFTH THIRD BANCORP	$82.6M	393,309	+101,121	ADD
108	REGIONS FINANCIAL CORP	$81.7M	388,871	−1,707	TRIM
109	140 Summer Partners LP	$81.2M	386,718	+6,098	ADD
110	NORDEA INVESTMENT MANAGEMENT AB	$79.2M	376,823	−1,657,469	TRIM
111	Quantinno Capital Management LP	$78.2M	372,387	+90,950	ADD
112	Mitsubishi UFJ Trust & Banking Corp	$76.8M	365,579	+9,981	ADD
113	Chevy Chase Trust Holdings, LLC	$76.5M	364,397	−30,803	TRIM
114	Schonfeld Strategic Advisors LLC	$75.9M	361,548	+361,548	NEW
115	CIBC Asset Management Inc	$72.1M	343,389	−8,138	TRIM
116	PFA Pension, Forsikringsaktieselskab	$71.8M	342,016	+342,016	NEW
117	APG Asset Management N.V.	$71.1M	390,317	−29,995	TRIM
118	Zurich Insurance Group Ltd/FI	$70.8M	337,049	+337,049	NEW
119	Aberdeen Group plc	$70.2M	334,122	+10,853	ADD
120	VOYA INVESTMENT MANAGEMENT LLC	$69.5M	330,912	+79,396	ADD
121	AustralianSuper Pty Ltd	$68.3M	325,200	+318,344	ADD
122	HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND	$66.9M	318,735	−62,809	TRIM
123	BROWN ADVISORY INC	$65.9M	313,634	−295,742	TRIM
124	FJARDE AP-FONDEN /FOURTH SWEDISH NATIONAL PENSION FUND	$64.4M	306,654	+105,900	ADD
125	Ardmore Road Asset Management LP	$63.0M	300,000	+78,848	ADD
126	WESTWOOD HOLDINGS GROUP INC	$62.7M	298,638	−16,384	TRIM
127	Swedbank AB	$60.7M	289,064	−399	TRIM
128	Groupe la Francaise	$60.1M	286,246	+57,341	ADD
129	RENAISSANCE TECHNOLOGIES LLC	$59.0M	280,807	−803,000	TRIM
130	DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main	$58.0M	275,924	−16,993	TRIM
131	STATE OF WISCONSIN INVESTMENT BOARD	$57.7M	274,520	+4,167	ADD
132	ELEMENT CAPITAL MANAGEMENT LLC	$56.9M	270,840	+270,840	NEW
133	SEI INVESTMENTS CO	$55.8M	265,848	+101,112	ADD
134	KEYBANK NATIONAL ASSOCIATION/OH	$54.7M	260,394	−155,023	TRIM
135	Vanguard Investments Australia, Ltd.	$52.6M	250,270	—	NO PRIOR
136	TORONTO DOMINION BANK	$52.2M	248,580	−107,446	TRIM
137	Asset Management One Co., Ltd.	$51.9M	247,068	−6,518	TRIM
138	Vontobel Holding Ltd.	$51.2M	243,995	+53,602	ADD
139	Corient Private Wealth LLC	$51.0M	248,040	−563,664	TRIM
140	Allianz Asset Management GmbH	$50.2M	238,949	−51,501	TRIM
141	PRUDENTIAL FINANCIAL INC	$48.4M	230,563	−9,385	TRIM
142	NISSAY ASSET MANAGEMENT CORP /JAPAN	$48.4M	230,302	+5,322	ADD
143	TRUIST FINANCIAL CORP	$48.0M	228,590	−318,526	TRIM
144	Pictet Asset Management Holding SA	$47.4M	225,677	−156,547	TRIM
145	KLP KAPITALFORVALTNING AS	$47.3M	225,073	+6,000	ADD
146	BENJAMIN EDWARDS INC	$46.9M	223,111	+4,265	ADD
147	Mariner, LLC	$46.7M	222,293	−788,695	TRIM
148	Calamos Advisors LLC	$46.6M	222,110	−2,916	TRIM
149	MACKENZIE FINANCIAL CORP	$45.2M	215,102	+34,896	ADD
150	GUGGENHEIM CAPITAL LLC	$44.7M	213,009	−66,440	TRIM
151	ONTARIO TEACHERS PENSION PLAN BOARD	$44.2M	210,616	+210,616	NEW
152	Baird Financial Group, Inc.	$42.4M	201,672	+201,672	NEW
153	Cardinal Capital Management, Inc.	$40.9M	194,603	+17,859	ADD
154	PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO	$40.4M	192,573	+211	ADD
155	Cetera Investment Advisers	$40.4M	192,206	+12,348	ADD
156	COUNTRY TRUST BANK	$40.2M	191,333	−9,906	TRIM
157	M&G Plc	$39.8M	189,705	+67,400	ADD
158	Resona Asset Management Co.,Ltd.	$39.8M	188,865	+2,292	ADD
159	TEACHER RETIREMENT SYSTEM OF TEXAS	$39.8M	189,308	−93,817	TRIM
160	Lansforsakringar Fondforvaltning AB (publ)	$39.4M	187,373	+23,836	ADD
161	US BANCORP \DE\	$39.1M	186,359	+16,231	ADD
162	NS Partners Ltd	$39.0M	185,851	−3,260	TRIM
163	CIBC WORLD MARKET INC.	$38.2M	181,915	+26,070	ADD
164	Tredje AP-fonden	$38.0M	181,132	−166,365	TRIM
165	Distillate Capital Partners LLC	$37.3M	177,574	−52,646	TRIM
166	State of New Jersey Common Pension Fund D	$36.5M	173,906	−1,646	TRIM
167	BANK OF NOVA SCOTIA	$36.3M	173,004	−171,071	TRIM
168	Creative Planning	$34.5M	164,342	+17,847	ADD
169	ASR Vermogensbeheer N.V.	$34.4M	163,828	+4,067	ADD
170	Aware Super Pty Ltd as trustee of Aware Super	$34.3M	163,102	—	NO PRIOR
171	Junto Capital Management LP	$33.7M	160,584	+160,584	NEW
172	Ilex Capital Partners (UK) LLP	$33.5M	159,692	+23,611	ADD
173	Advisors Capital Management, LLC	$33.5M	159,547	+4,950	ADD
174	Cerity Partners LLC	$32.6M	155,186	−100,153	TRIM
175	Meridiem Capital Partners LP	$32.1M	152,812	+152,812	NEW
176	ALPS ADVISORS INC	$31.9M	151,841	−9,016	TRIM
177	Act Two Investors LLC	$31.9M	151,750	−5,359	TRIM
178	ZACKS INVESTMENT MANAGEMENT	$31.5M	149,790	−4,637	TRIM
179	Advisors Asset Management, Inc.	$31.1M	148,260	+919	ADD
180	Ensign Peak Advisors, Inc	$31.1M	148,142	−30,614	TRIM
181	NISA INVESTMENT ADVISORS, LLC	$30.1M	143,253	−58,872	TRIM
182	BRIGHTON JONES LLC	$29.9M	142,366	−1,967	TRIM
183	Rakuten Investment Management, Inc.	$29.3M	136,888	+12,165	ADD
184	Arizona State Retirement System	$29.0M	137,904	−4,092	TRIM
185	SHELTON CAPITAL MANAGEMENT	$27.7M	132,102	−29,130	TRIM
186	COMMONWEALTH EQUITY SERVICES, LLC	$27.5M	131,036	−40,933	TRIM
187	OSAIC HOLDINGS, INC.	$27.5M	130,735	+9,273	ADD
188	Zurcher Kantonalbank (Zurich Cantonalbank)	$27.1M	129,080	−14,990	TRIM
189	Czech National Bank	$27.1M	129,038	+2,216	ADD
190	ING GROEP NV	$26.8M	127,754	+120,803	ADD
191	O'SHAUGHNESSY ASSET MANAGEMENT, LLC	$26.7M	127,074	+12,016	ADD
192	BRAUN STACEY ASSOCIATES INC	$26.4M	125,891	+3,839	ADD
193	STATE OF MICHIGAN RETIREMENT SYSTEM	$26.0M	123,741	−2,200	TRIM
194	Walleye Capital LLC	$25.7M	122,289	+34,470	ADD
195	Epoch Investment Partners, Inc.	$24.8M	118,208	+118,208	NEW
196	HOMESTEAD ADVISERS CORP	$24.8M	117,735	−1,300	TRIM
197	Trexquant Investment LP	$24.6M	116,979	−140,200	TRIM
198	MARTINGALE ASSET MANAGEMENT L P	$24.4M	116,033	+292	ADD
199	MetLife Investment Management, LLC	$23.3M	110,839	−4,472	TRIM
200	Lido Advisors, LLC	$23.2M	110,472	+5,323	ADD
201	COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS	$23.2M	110,369	−1,505	TRIM
202	J. Goldman & Co LP	$23.0M	109,360	+109,360	NEW
203	DEARBORN PARTNERS LLC	$22.8M	108,648	−9,534	TRIM
204	SEB Asset Management AB	$22.8M	108,344	—	NO PRIOR
205	UNITED CAPITAL FINANCIAL ADVISORS, LLC	$22.7M	108,098	+108,098	NEW
206	Gotham Asset Management, LLC	$22.7M	107,976	+23,309	ADD
207	SORA INVESTORS LLC	$22.5M	107,147	+107,147	NEW
208	NOMURA HOLDINGS INC	$22.4M	106,827	−121,606	TRIM
209	Banco Santander, S.A.	$22.0M	104,540	+52,381	ADD
210	PANAGORA ASSET MANAGEMENT INC	$21.2M	101,165	−101,868	TRIM
211	IFM Investors Pty Ltd	$21.2M	100,881	+2,709	ADD
212	Retirement Systems of Alabama	$21.1M	100,616	−1,701	TRIM
213	Mediolanum International Funds Ltd	$20.9M	97,712	−14,477	TRIM
214	Vident Advisory, LLC	$20.9M	99,511	−39,030	TRIM
215	Bridgewater Associates, LP	$20.7M	98,478	−131,153	TRIM
216	Osmosis Investment Management UK Ltd	$20.5M	97,783	+9,960	ADD
217	FLPUTNAM INVESTMENT MANAGEMENT CO	$20.0M	95,438	−50,456	TRIM
218	Illinois Municipal Retirement Fund	$20.0M	95,311	−16,474	TRIM
219	CI INVESTMENTS INC.	$19.9M	94,716	+278	ADD
220	Blue Chip Partners, LLC	$19.8M	94,332	+25,484	ADD
221	Varma Mutual Pension Insurance Co	$19.5M	92,617	0	NO CHANGE
222	Stillwater Capital Advisors, LLC	$19.4M	92,594	−837	TRIM
223	Cornerstone Advisors, LLC	$19.3M	91,942	+62,442	ADD
224	Rockefeller Capital Management L.P.	$19.0M	90,595	+35,952	ADD
225	Brevan Howard Capital Management LP	$18.4M	87,616	+82,401	ADD
226	XPONANCE LLC	$18.1M	86,221	+7,161	ADD
227	WINTON GROUP Ltd	$17.8M	84,823	+84,823	NEW
228	TUDOR INVESTMENT CORP ET AL	$17.6M	83,703	−311,970	TRIM
229	Boston Common Asset Management, LLC	$17.5M	83,537	−12,719	TRIM
230	HANCOCK WHITNEY CORP	$17.5M	89,570	−8,174	TRIM
231	Rafferty Asset Management, LLC	$17.4M	82,988	−19,636	TRIM
232	NewEdge Advisors, LLC	$17.4M	82,734	+82,734	NEW
233	Aptus Capital Advisors, LLC	$17.3M	82,185	+2,796	ADD
234	Focus Partners Wealth	$17.3M	82,353	+12,182	ADD
235	Tidal Investments LLC	$17.2M	81,774	+27,475	ADD
236	Ethic Inc.	$17.1M	81,565	−2,192	TRIM
237	Crake Asset Management LLP	$16.8M	80,168	−791,913	TRIM
238	WEDGE CAPITAL MANAGEMENT L L P/NC	$16.8M	79,991	−149	TRIM
239	Steward Partners Investment Advisory, LLC	$16.7M	79,711	−7,182	TRIM
240	CWM, LLC	$16.7M	79,710	+9,365	ADD
241	Dakota Wealth Management	$16.6M	79,273	+6,895	ADD
242	Sanctuary Advisors, LLC	$16.6M	79,171	+12,413	ADD
243	USS Investment Management Ltd	$16.5M	78,581	0	NO CHANGE
244	Utah Retirement Systems	$16.4M	78,314	+1,811	ADD
245	Vanguard Personalized Indexing Management, LLC	$16.3M	77,580	+3,299	ADD
246	Overbrook Management Corp	$16.3M	77,479	−18,265	TRIM
247	Wealthfront Advisers LLC	$16.2M	77,195	+13,663	ADD
248	Glenview Trust Co	$16.2M	77,096	−6,017	TRIM
249	PROFUND ADVISORS LLC	$16.1M	76,879	−22,233	TRIM
250	Federation des caisses Desjardins du Quebec	$15.8M	75,413	+33,373	ADD
251	B. Metzler seel. Sohn & Co. AG	$15.7M	74,793	+19,594	ADD
252	Capital International, Inc./CA/	$15.7M	74,618	+7,053	ADD
253	Sumitomo Mitsui DS Asset Management Company, Ltd	$15.6M	74,477	+922	ADD
254	Pathstone Holdings, LLC	$15.4M	73,135	+5,678	ADD
255	Systematic Alpha Investments, LLC	$15.3M	73,020	0	NO CHANGE
256	Quadrature Capital Ltd	$15.3M	72,911	+68,064	ADD
257	Verition Fund Management LLC	$15.0M	71,236	+50,250	ADD
258	Waverly Advisors, LLC	$14.9M	71,153	+16,208	ADD
259	Candriam S.C.A.	$14.9M	70,798	+4,865	ADD
260	Dai-ichi Life Insurance Company, Ltd	$14.6M	69,682	−17,493	TRIM
261	BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp	$14.6M	69,371	−118,095	TRIM
262	Norinchukin Bank, The	$14.6M	69,357	+2,657	ADD
263	Benchstone Capital Management LP	$14.5M	69,222	+69,222	NEW
264	Swiss Life Asset Management Ltd	$14.4M	68,492	+12,635	ADD
265	Artisan Partners Limited Partnership	$14.3M	68,323	+68,323	NEW
266	River Wealth Advisors LLC	$14.3M	68,214	+2,336	ADD
267	ExodusPoint Capital Management, LP	$14.1M	67,348	+67,348	NEW
268	Stony Point Capital LLC	$14.0M	66,441	−290	TRIM
269	NEW YORK LIFE INVESTMENT MANAGEMENT LLC	$13.8M	65,880	−116	TRIM
270	Hudson Bay Capital Management LP	$13.8M	65,585	−429,601	TRIM
271	IEQ CAPITAL, LLC	$13.7M	65,448	+22,313	ADD
272	MERCER GLOBAL ADVISORS INC /ADV	$13.7M	65,352	+1,356	ADD
273	Pinnacle Financial Partners, Inc.	$13.6M	64,884	+982	ADD
274	Vinva Investment Management Ltd	$13.1M	61,363	+2,388	ADD
275	INTECH INVESTMENT MANAGEMENT LLC	$12.8M	61,170	+20,508	ADD
276	NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO	$12.7M	60,363	−10,633	TRIM
277	INTACT INVESTMENT MANAGEMENT INC.	$12.6M	60,200	−400	TRIM
278	First National Bank of Mount Dora, Trust Investment Services	$12.6M	59,958	—	NO PRIOR
279	CITIZENS FINANCIAL GROUP INC/RI	$12.5M	59,640	+1,058	ADD
280	SteelPeak Wealth, LLC	$12.4M	58,917	−19,490	TRIM
281	BRADLEY FOSTER & SARGENT INC/CT	$12.3M	58,736	−6,221	TRIM
282	Dana Investment Advisors, Inc.	$12.3M	58,476	+159	ADD
283	Azimuth Capital Investment Management LLC	$12.2M	58,286	−1,126	TRIM
284	LBP AM SA	$12.0M	56,921	−28,349	TRIM
285	TD Waterhouse Canada Inc.	$11.8M	57,827	+19,453	ADD
286	CAPITOLIS LIQUID GLOBAL MARKETS LLC	$11.8M	56,000	+21,000	ADD
287	MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC	$11.6M	55,274	−1,438	TRIM
288	Sterling Capital Management LLC	$11.5M	54,826	−5,427	TRIM
289	BANQUE PICTET & CIE SA	$11.4M	54,492	+4,304	ADD
290	MACQUARIE GROUP LTD	$11.4M	54,418	−41,616	TRIM
291	OREGON PUBLIC EMPLOYEES RETIREMENT FUND	$11.4M	54,230	−856	TRIM
292	NorthCrest Asset Manangement, LLC	$11.4M	56,492	−28,623	TRIM
293	Lighthouse Investment Partners, LLC	$11.4M	54,160	−33,947	TRIM
294	Tower Research Capital LLC (TRC)	$11.3M	53,825	−9	TRIM
295	YOUSIF CAPITAL MANAGEMENT, LLC	$11.3M	53,636	−2,953	TRIM
296	AIA Group Ltd	$11.2M	53,556	−17,207	TRIM
297	Bragg Financial Advisors, Inc	$11.2M	53,119	+7,301	ADD
298	ADAMS DIVERSIFIED EQUITY FUND, INC.	$11.1M	53,000	−47,300	TRIM
299	FACTORY MUTUAL INSURANCE CO	$11.1M	52,950	+850	ADD
300	MOTCO	$11.0M	52,526	+1,745	ADD
301	MAI Capital Management	$11.0M	52,416	+1,618	ADD
302	GREAT LAKES ADVISORS, LLC	$11.0M	52,159	−34,154	TRIM
303	Defiance ETFs, LLC	$10.9M	52,032	+13,173	ADD
304	ALLIANZ SE	$10.9M	51,701	+2,990	ADD
305	ABN AMRO INVESTMENT SOLUTIONS	$10.8M	51,624	+8,367	ADD
306	OP Asset Management Ltd	$10.8M	51,571	—	NO PRIOR
307	Jessup Wealth Management, Inc	$10.7M	51,181	+51,181	NEW
308	OPPENHEIMER & CO INC	$10.4M	49,663	−13,702	TRIM
309	Y-Intercept (Hong Kong) Ltd	$10.4M	49,458	+7,050	ADD
310	COZAD ASSET MANAGEMENT INC	$10.4M	49,423	+11,594	ADD
311	Capital Wealth Planning, LLC	$10.3M	48,848	+20,081	ADD
312	CENTRAL TRUST Co	$10.0M	47,514	−366	TRIM
313	Elo Mutual Pension Insurance Co	$9.8M	46,492	−9,340	TRIM
314	Carnegie Investment Counsel	$9.5M	45,410	−12,586	TRIM
315	Badgley Phelps Wealth Managers, LLC	$9.5M	45,179	+9,592	ADD
316	Robeco Institutional Asset Management B.V.	$9.3M	44,387	−23,298	TRIM
317	AE Wealth Management LLC	$9.3M	44,237	+5,001	ADD
318	Ameritas Investment Partners, Inc.	$9.3M	44,061	−680	TRIM
319	Skandinaviska Enskilda Banken AB (publ)	$9.0M	43,008	−85,900	TRIM
320	Advanced Asset Management Advisors Inc	$9.0M	42,815	0	NO CHANGE
321	Merit Financial Group, LLC	$8.8M	42,105	+4,542	ADD
322	Cresset Asset Management, LLC	$8.7M	41,283	−2,166	TRIM
323	Skylands Capital, LLC	$8.6M	41,100	−2,680	TRIM
324	Crossmark Global Holdings, Inc.	$8.5M	40,679	—	NO PRIOR
325	M&T BANK CORP	$8.5M	40,455	−2,402	TRIM
326	EAGLE GLOBAL ADVISORS LLC	$8.5M	40,436	−945	TRIM
327	Jain Global LLC	$8.3M	39,713	+39,713	NEW
328	GROUPAMA ASSET MANAGMENT	$8.3M	39,319	−291,713	TRIM
329	LAZARD ASSET MANAGEMENT LLC	$8.1M	38,738	+6,518	ADD
330	ASSETMARK, INC	$8.1M	38,700	+6,164	ADD
331	Kestra Advisory Services, LLC	$8.1M	38,423	+4,304	ADD
332	UniSuper Management Pty Ltd	$8.0M	38,193	−855	TRIM
333	Madison Asset Management, LLC	$8.0M	38,100	−5,200	TRIM
334	Granite Bay Wealth Management, LLC	$8.0M	37,904	+1,946	ADD
335	OFI INVEST ASSET MANAGEMENT	$7.9M	43,208	−118,679	TRIM
336	Independent Advisor Alliance	$7.9M	37,718	−282	TRIM
337	ASSOCIATED BANC-CORP	$7.8M	37,290	+3,425	ADD
338	E Fund Management Co., Ltd.	$7.7M	36,854	—	NO PRIOR
339	Avanza Fonder AB	$7.7M	36,702	0	NO CHANGE
340	Atlantic Union Bankshares Corp	$7.7M	36,626	+14,435	ADD
341	AVAII WEALTH MANAGEMENT, LLC	$7.6M	36,089	+36,089	NEW
342	Investment Management Corp of Ontario	$7.6M	36,017	−9,217	TRIM
343	LOUISBOURG INVESTMENTS INC.	$7.4M	44,318	+2,395	ADD
344	PKO Investment Management Joint-Stock Co	$7.4M	35,000	−17,000	TRIM
345	OLD NATIONAL BANCORP /IN/	$7.3M	34,896	+2,954	ADD
346	Vise Technologies, Inc.	$7.3M	35,773	0	NO CHANGE
347	Callan Family Office, LLC	$7.2M	34,426	+12,043	ADD
348	Caprock Group, LLC	$7.2M	34,321	+3,655	ADD
349	Empirical Financial Services, LLC d.b.a. Empirical Wealth Management	$7.2M	34,054	+6,971	ADD
350	HUB Investment Partners, LLC	$7.1M	33,800	−4,983	TRIM
351	HENNESSY ADVISORS INC	$6.9M	32,900	+32,900	NEW
352	QRG CAPITAL MANAGEMENT, INC.	$6.9M	32,841	−5,545	TRIM
353	Kepler Cheuvreux (Suisse) SA	$6.7M	31,963	−6,129	TRIM
354	EXCHANGE TRADED CONCEPTS, LLC	$6.6M	31,546	−52,617	TRIM
355	D.A. DAVIDSON & CO.	$6.6M	31,424	−11,992	TRIM
356	YHB Investment Advisors, Inc.	$6.5M	30,936	−820	TRIM
357	BTC Capital Management, Inc.	$6.3M	30,102	−4,129	TRIM
358	Greenland Capital Management LP	$6.3M	30,061	+21,705	ADD
359	DAVENPORT & Co LLC	$6.3M	29,965	−2,531	TRIM
360	Laird Norton Wetherby Trust Company, LLC	$6.2M	29,497	+91	ADD
361	Ascent Group, LLC	$6.1M	29,178	+19	ADD
362	BEESE FULMER INVESTMENT MANAGEMENT, INC.	$6.1M	29,161	+29,161	NEW
363	Vest Financial, LLC	$6.1M	28,991	+6,487	ADD
364	JAMES INVESTMENT RESEARCH, INC.	$6.1M	28,833	−5,049	TRIM
365	MIZUHO SECURITIES USA LLC	$6.0M	28,643	−6,377	TRIM
366	SummitTX Capital, L.P.	$6.0M	28,483	+28,483	NEW
367	MML INVESTORS SERVICES, LLC	$5.9M	28,317	−8,405	TRIM
368	United Asset Strategies, Inc.	$5.9M	27,969	+1,690	ADD
369	Siemens Fonds Invest GmbH	$5.9M	27,872	−323	TRIM
370	Northwest & Ethical Investments L.P.	$5.7M	27,115	+10,909	ADD
371	Empowered Funds, LLC	$5.7M	27,084	+27,084	NEW
372	HARTFORD INVESTMENT MANAGEMENT CO	$5.7M	27,023	−851	TRIM
373	RWA WEALTH PARTNERS, LLC	$5.6M	26,471	+2,708	ADD
374	Chesley Taft & Associates LLC	$5.5M	26,204	−405	TRIM
375	TICINO WEALTH	$5.5M	25,028	+247	ADD
376	LMCG INVESTMENTS, LLC	$5.4M	25,806	+8,349	ADD
377	KESTRA PRIVATE WEALTH SERVICES, LLC	$5.4M	25,763	+1,401	ADD
378	LMR Partners LLP	$5.4M	25,657	+25,657	NEW
379	Wealth Advisory Solutions, LLC	$5.3M	25,348	+643	ADD
380	LIBERTY ONE INVESTMENT MANAGEMENT, LLC	$5.3M	25,281	+7,746	ADD
381	Sustainable Insight Capital Management, LLC	$5.3M	25,177	−44,300	TRIM
382	CREDIT AGRICOLE S A	$5.3M	25,000	−193,457	TRIM
383	Maryland State Retirement & Pension System	$5.1M	24,342	0	NO CHANGE
384	ELEVATION POINT WEALTH PARTNERS, LLC	$5.1M	24,058	+19,221	ADD
385	Castlefield Investment Partners LLP	$5.0M	23,944	+23,870	ADD
386	Cornerstone Wealth Group, LLC	$5.0M	25,450	+6,324	ADD
387	HOHIMER WEALTH MANAGEMENT, LLC	$4.9M	23,516	+21,714	ADD
388	AlphaCore Capital LLC	$4.9M	23,495	+119	ADD
389	RBA Wealth Management, LLC	$4.9M	23,420	+867	ADD
390	GREENWOOD CAPITAL ASSOCIATES LLC	$4.9M	23,411	+23,411	NEW
391	Allspring Global Investments Holdings, LLC	$4.9M	24,041	+723	ADD
392	Linden Thomas Advisory Services, LLC	$4.9M	23,281	+2,013	ADD
393	Orion Porfolio Solutions, LLC	$4.9M	23,256	−2,148	TRIM
394	LGT Fund Management Co Ltd.	$4.9M	23,205	+11,492	ADD
395	SIGNATURE ESTATE & INVESTMENT ADVISORS LLC	$4.8M	23,025	−5,703	TRIM
396	Coastal Bridge Advisors, LLC	$4.8M	22,983	+1,386	ADD
397	Summit Trail Advisors, LLC	$4.8M	22,936	+11,789	ADD
398	Mizuho Markets Cayman LP	$4.8M	22,859	+22,859	NEW
399	AGF MANAGEMENT LTD	$4.8M	22,779	+20,357	ADD
400	Loudon Investment Management, LLC	$4.8M	22,753	+7,618	ADD
401	Caldwell Trust Co	$4.8M	22,738	+1,222	ADD
402	FIRST MANHATTAN CO. LLC.	$4.7M	22,430	−2,767	TRIM
403	Stablepoint Partners, LLC	$4.7M	22,317	+3,467	ADD
404	Larson Financial Group LLC	$4.7M	22,279	+2,135	ADD
405	&PARTNERS	$4.7M	22,376	−4,081	TRIM
406	Capital Group Private Client Services, Inc.	$4.6M	21,717	−14,651	TRIM
407	Stratos Wealth Partners, LTD.	$4.5M	21,659	−844	TRIM
408	BLAIR WILLIAM & CO/IL	$4.5M	21,604	+4,321	ADD
409	BANCO BILBAO VIZCAYA ARGENTARIA, S.A.	$4.5M	21,536	−89,736	TRIM
410	Harbour Capital Advisors, LLC	$4.5M	23,972	+149	ADD
411	Trivium Point Advisory, LLC	$4.5M	21,299	−3,977	TRIM
412	Apollon Wealth Management, LLC	$4.5M	21,271	−22,328	TRIM
413	Generali Asset Management SPA SGR	$4.4M	21,070	−5,245	TRIM
414	Private Advisor Group, LLC	$4.4M	20,814	−1,208	TRIM
415	HB Wealth Management, LLC	$4.4M	20,744	+2,842	ADD
416	Harbor Advisors LLC	$4.3M	20,650	0	NO CHANGE
417	Lombard Odier Asset Management (Switzerland) SA	$4.3M	20,465	−4,600	TRIM
418	PRUDENTIAL PLC	$4.3M	20,398	−3,027	TRIM
419	CHATHAM CAPITAL GROUP, INC.	$4.3M	20,314	−7	TRIM
420	AG2R LA MONDIALE GESTION D'ACTIFS	$4.2M	20,168	−9	TRIM
421	Brooklyn Investment Group	$4.1M	19,659	+7,310	ADD
422	Woodline Partners LP	$4.1M	19,633	+10,369	ADD
423	Moran Wealth Management, LLC	$4.1M	19,630	+347	ADD
424	Rehmann Capital Advisory Group	$4.1M	19,592	−23	TRIM
425	MUFG Securities EMEA plc	$4.1M	19,424	−200,293	TRIM
426	Parallax Volatility Advisers, L.P.	$4.1M	19,369	−2,233	TRIM
427	Bank OZK	$4.0M	19,248	+878	ADD
428	Plato Investment Management Ltd	$4.0M	19,048	+2,041	ADD
429	Third View Private Wealth, LLC	$4.0M	18,961	+1,436	ADD
430	BDF-GESTION	$4.0M	18,953	0	NO CHANGE
431	Leibman Financial Services, Inc.	$3.9M	18,698	+2,569	ADD
432	WealthPlan Investment Management, LLC	$3.9M	18,628	+5,939	ADD
433	Saudi Central Bank	$3.9M	18,578	+18,578	NEW
434	Sequoia Financial Advisors, LLC	$3.9M	18,538	+1,171	ADD
435	ICICI Prudential Asset Management Co Ltd	$3.8M	18,260	+309	ADD
436	TOKIO MARINE ASSET MANAGEMENT CO LTD	$3.7M	17,717	+447	ADD
437	Meiji Yasuda Asset Management Co Ltd.	$3.7M	17,680	−264	TRIM
438	CHOREO, LLC	$3.7M	17,600	+1,174	ADD
439	GLENMEDE TRUST CO NA	$3.7M	17,452	+977	ADD
440	Empirical Finance, LLC	$3.7M	17,409	−49	TRIM
441	Garde Capital, Inc.	$3.6M	17,150	−68	TRIM
442	Summit Financial, LLC	$3.6M	16,989	+11,559	ADD
443	QUADRANT CAPITAL GROUP LLC	$3.6M	16,911	+1,710	ADD
444	FIRST BUSINESS FINANCIAL SERVICES, INC.	$3.6M	16,904	+2,803	ADD
445	SIH Partners, LLLP	$3.5M	16,738	−4,690	TRIM
446	New Age Alpha Advisors, LLC	$3.5M	16,718	−29,782	TRIM
447	Goelzer Investment Management, Inc.	$3.5M	16,668	+1,585	ADD
448	Andra AP-fonden	$3.5M	16,649	−8,751	TRIM
449	Compton Wealth Advisory Group, LLC	$3.5M	17,029	+311	ADD
450	Hennion & Walsh Asset Management, Inc.	$3.5M	16,441	+686	ADD
451	CONSCIOUS WEALTH INVESTMENTS, LLC	$3.5M	18,153	+1,726	ADD
452	GREAT VALLEY ADVISOR GROUP, INC.	$3.4M	16,344	−3,240	TRIM
453	Global Wealth Management Investment Advisory, Inc.	$3.4M	16,180	+1,224	ADD
454	Asset One Wealth Management LLC	$3.4M	17,257	+1,956	ADD
455	StoneX Group Inc.	$3.4M	15,993	−5,367	TRIM
456	Voleon Capital Management LP	$3.3M	15,836	+13,305	ADD
457	DoubleLine ETF Adviser LP	$3.3M	15,796	−315	TRIM
458	COLDSTREAM CAPITAL MANAGEMENT INC	$3.3M	15,796	+1,360	ADD
459	S-Bank Fund Management Ltd	$3.3M	15,689	−7,026	TRIM
460	NORTHWESTERN MUTUAL INVESTMENT MANAGEMENT COMPANY, LLC	$3.2M	15,161	−207	TRIM
461	III Capital Management	$3.2M	15,088	−4,912	TRIM
462	Graphene Investments SAS	$3.2M	15,000	−2,100	TRIM
463	PLIMOTH TRUST CO LLC	$3.1M	14,805	+973	ADD
464	Portfolio Design Labs, LLC	$3.1M	14,799	+271	ADD
465	EDMOND DE ROTHSCHILD HOLDING S.A.	$3.1M	14,726	+621	ADD
466	Metis Global Partners, LLC	$3.1M	14,673	−1,780	TRIM
467	SHEETS SMITH WEALTH MANAGEMENT	$3.0M	14,504	+1,281	ADD
468	Savant Capital, LLC	$3.0M	14,472	+257	ADD
469	GC Wealth Management RIA, LLC	$3.0M	14,355	−231	TRIM
470	Eleva Capital SAS	$3.0M	14,347	—	NO PRIOR
471	PRINCIPAL SECURITIES, INC.	$3.0M	14,129	+811	ADD
472	North Dakota State Investment Board	$2.9M	13,959	−1,588	TRIM
473	Financiere des Professionnels - Fonds d'investissement inc.	$2.9M	13,927	+13,927	NEW
474	Field & Main Bank	$2.9M	13,911	−125	TRIM
475	FEDERATED HERMES, INC.	$2.9M	13,851	−31,172	TRIM
476	FOUNDERS FINANCIAL SECURITIES LLC	$2.9M	14,625	−442	TRIM
477	MISSION WEALTH MANAGEMENT, LP	$2.9M	13,650	+514	ADD
478	Traynor Capital Management, Inc.	$2.9M	13,392	+55	ADD
479	DJE Kapital AG	$2.9M	13,459	+13,459	NEW
480	PINNACLE ASSOCIATES LTD	$2.9M	13,582	+74	ADD
481	GeoWealth Management, LLC	$2.9M	13,576	+577	ADD
482	HOERTKORN RICHARD CHARLES	$2.8M	13,278	−21,674	TRIM
483	Illumine Investment Management, LLC	$2.8M	13,265	−48	TRIM
484	Concurrent Investment Advisors, LLC	$2.8M	13,173	+1,277	ADD
485	Banque Cantonale Vaudoise	$2.8M	13,169	+9,115	ADD
486	Meeder Advisory Services, Inc.	$2.8M	13,150	+1,719	ADD
487	Bleakley Financial Group, LLC	$2.8M	13,130	+6	ADD
488	MUFG SECURITIES AMERICAS INC.	$2.8M	13,110	+153	ADD
489	111 Capital	$2.7M	13,041	−547	TRIM
490	Collaborative Fund Advisors, LLC	$2.7M	12,976	—	NO PRIOR
491	Great Lakes Retirement, Inc.	$2.7M	12,869	+12,869	NEW
492	SECURIAN ASSET MANAGEMENT, INC	$2.7M	12,853	−225	TRIM
493	SevenBridge Financial Group, LLC	$2.7M	14,134	+4,382	ADD
494	RITHOLTZ WEALTH MANAGEMENT	$2.6M	12,459	−671	TRIM
495	DIVERSIFY WEALTH MANAGEMENT, LLC	$2.6M	13,170	+13,170	NEW
496	Alaethes Wealth, LLC	$2.6M	12,336	+215	ADD
497	Ellsworth Advisors, LLC	$2.6M	12,307	+1,777	ADD
498	Vertrix Wealth Management, LLC	$2.5M	11,839	—	NO PRIOR
499	Atria Investments, Inc	$2.5M	11,814	−1,522	TRIM
500	Cetera Trust Company, N.A	$2.4M	11,525	−325	TRIM

Newest filing in this build: 2026-07-31. Per-row filing dates are on each receipt.

Congress ↔ notable managers · TMUS

who in Congress disclosed purchases or sales beside which notable managers added or trimmed

Congress · last 90 days

Buyers: 0 — —
Sellers: 1 Alan Armstrong R–OK $15K–$50K

filed 2026-07-03 → 2026-10-01 · totals are statutory ranges

Notable managers · quarter ended 2026-03-31

Adding: 2 Gotham Asset Management, Moore Capital Management $23.3M held
Trimming: 4 Viking Global Investors, Bridgewater Associates, Tudor Investment Corp, Caxton Associates $663M held

NEW + ADD vs TRIM + EXIT, by shares · $ = reported value now, not the change · T-MOBILE US INC

Merged timeline of congressional filings and notable-manager moves on TMUS
Date	Who	Change	Size
2026-07-21	Alan Armstrong Congress	SELL	$15K–$50K
2026-05-15	Gotham Asset Management 13F	ADD	+23,309 sh
2026-05-15	Moore Capital Management 13F	ADD	+973 sh
2026-05-15	Viking Global Investors 13F	TRIM	−786,844 sh
2026-05-15	Bridgewater Associates 13F	TRIM	−131,153 sh
2026-05-15	Tudor Investment Corp 13F	TRIM	−311,970 sh
2026-05-14	Caxton Associates 13F	TRIM	−151,339 sh

7 newest rows · every row dates by its filing date: a disclosure's, or the 13F's for the quarter · a 13F row is a quarter-end snapshot, not a trade

21 members of Congress disclosed TMUS — the congressional view ↗

A 13F is a quarterly, long-only snapshot filed up to 45 days late — not current holdings. what a 13F covers ↗

13F reports cover LONG positions in Section 13(f) securities (US exchange-traded equities plus reportable options, warrants, certain convertibles) held by managers with at least $100M in such securities — so managers below that threshold are absent entirely. No short positions, no cash, no non-13(f) assets — not a full portfolio, and not a census of institutional ownership.

Positions are quarter-end snapshots filed up to 45 days late — not current holdings. A position may have been changed or closed before you ever see it, and is older still by however long ago that quarter ended.

Values are the manager's stated market value at quarter-end in era-dependent units (whole dollars for form versions effective 2023-01-03 onward, thousands before), normalized here to whole dollars with unit_basis carried on every record.

Affiliated managers may report the same position (otherManager), so one position can appear under more than one filer.

Positions under confidential treatment may be omitted until a later amendment discloses them.

These are disclosures, not investment advice (ARCHITECTURE.md §5.2 / M2-CONTRACT §5).