TELEPHONE & DATA SYS INC

Ticker: TDS CUSIP: 879433829 Class: COM NEW

Waverly Advisors, LLC's Holding History (CIK: 0001568787)

Note: Option positions (PUT/CALL) are excluded.

Q3 2014

Shares 112 Value ($000) $3 Avg Close $25.38 Range $23.08 - $26.93

Q2 2014

Shares 112 Value ($000) $3 Avg Close $26.51 Range $24.67 - $28.41

Q1 2014

Shares 112 Value ($000) $3 Avg Close $25.45 Range $21.30 - $27.90

Q4 2013

Shares 154 Value ($000) $4 Avg Close $28.28 Range $24.22 - $31.52

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2014	112	$3	$25.38	$23.08 - $26.93
Q2 2014	112	$3	$26.51	$24.67 - $28.41
Q1 2014	112	$3	$25.45	$21.30 - $27.90
Q4 2013	154	$4	$28.28	$24.22 - $31.52