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543 hedge funds and large institutions have $4.16B invested in Lumen in 2025 Q3 according to their latest regulatory filings, with 79 funds opening new positions, 147 increasing their positions, 165 reducing their positions, and 79 closing their positions.

New
Increased
Maintained
Reduced
Closed

75% more funds holding in top 10

Funds holding in top 10: 47 (+3)

31% more capital invested

Capital invested by funds: $3.18B → $4.16B (+$980M)

0% more first-time investments, than exits

New positions opened: 79 | Existing positions closed: 79

2% less funds holding

Funds holding: 552543 (-9)

4.43% less ownership

Funds ownership: 70.66%66.23% (-4.4%)

11% less repeat investments, than reductions

Existing positions increased: 147 | Existing positions reduced: 165

35% less call options, than puts

Call options by funds: $99.2M | Put options by funds: $152M

Holders
543
Holders Change
-9
Holders Change %
-1.63%
% of All Funds
7.13%
Holding in Top 10
7
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+75%
% of All Funds
0.09%
New
79
Increased
147
Reduced
165
Closed
79
Calls
$99.2M
Puts
$152M
Net Calls
-$52.8M
Net Calls Change
-$16.5M
Name Holding Trade Value Shares
Change
Change in
Stake
William Blair & Company
226
William Blair & Company
Illinois
$226K +$52.2K +10,883 +42%
SCM
227
Shelton Capital Management
Colorado
$225K
SWM
228
Spire Wealth Management
Virginia
$218K +$151K +31,377 +730%
SRC
229
Sage Rhino Capital
California
$217K +$29.3K +6,113 +21%
TRCT
230
Tower Research Capital (TRC)
New York
$216K -$1.07M -222,901 -86%
Cerity Partners
231
Cerity Partners
New York
$216K +$77.8K +16,210 +85%
TI
232
Tidal Investments
Wisconsin
$212K +$70.9K +14,782 +74%
ECM
233
Everence Capital Management
Indiana
$212K
NWAG
234
Net Worth Advisory Group
Utah
$203K +$159K +33,100 New
Hudson Bay Capital Management
235
Hudson Bay Capital Management
Connecticut
$198K +$80.3K +16,740 +107%
SFC
236
Strategic Financial Concepts
Texas
$195K -$3.84K -800 -2%
BEI
237
Benjamin Edwards Inc
Missouri
$195K +$153K +31,844 New
RWM
238
Revisor Wealth Management
Ohio
$194K -$8.77K -1,827 -6%
KBC Group
239
KBC Group
Belgium
$192K
SS
240
SBI Securities
Japan
$186K -$21.5K -4,480 -13%
FTWA
241
Fifth Third Wealth Advisors
Ohio
$186K -$10 -2 -0%
Jones Financial Companies
242
Jones Financial Companies
Missouri
$183K -$744 -155 -0.5%
GIM
243
Glenmede Investment Management
Pennsylvania
$174K +$317 +66 +0.2%
BP
244
Ballentine Partners
Massachusetts
$163K -$490 -102 -0.4%
Kovitz Investment Group Partners
245
Kovitz Investment Group Partners
Illinois
$158K +$2.45K +511 +2%
AWM
246
AE Wealth Management
Kansas
$156K +$21.5K +4,480 +21%
SPIA
247
Steward Partners Investment Advisory
New York
$154K +$5.07K +1,057 +4%
AHL
248
Abel Hall LLC
Louisiana
$153K +$37.4K +7,788 +45%
MA
249
Mutual Advisors
Nebraska
$153K +$211 +44 +0.2%
Rockefeller Capital Management
250
Rockefeller Capital Management
New York
$151K +$118K +24,646 New

LUMN Hedge Fund Activity: Q3 2025 in Review

543 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in Lumen (LUMN) for Q3 2025, worth a combined $4.16B — up 31% from $3.18B a quarter earlier.

Fund positioning in LUMN was balanced in Q3 2025: 79 funds opened new positions, 79 closed out, 147 added to existing stakes and 165 trimmed.

The largest buyer was Contour Asset Management, opening a new position worth an estimated $23.9M. The largest seller was Man Group, cutting an estimated $39M.

  • 543 institutional investors held Lumen (LUMN) as of Q3 2025, down from 552 in Q2 2025.
  • Funds reported $4.16B of Lumen stock for Q3 2025, up 31% quarter-over-quarter.
  • 79 funds opened new Lumen positions in Q3 2025 and 79 closed out, a net change of 0 holders.
  • The largest Lumen buyer in Q3 2025 was Contour Asset Management, an estimated $23.9M added.
  • The largest Lumen seller in Q3 2025 was Man Group, an estimated $39M sold.

Based on aggregated 13F filings for Q3 2025.