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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
MFG
251
Merit Financial Group
Georgia
$151K +$9.98K +2,079 +9%
NFSG
252
Newbridge Financial Services Group
Florida
$143K -$480 -100 -0.4%
IAA
253
Independent Advisor Alliance
North Carolina
$142K +$1.21K +252 +1%
PSP
254
Pacific Sage Partners
Washington
$141K -$3.53K -735 -3%
DMBA
255
Deseret Mutual Benefit Administrators
Utah
$138K +$28K +5,843 +35%
PI
256
PFG Investments
New York
$133K -$2.29K -477 -2%
PWPS
257
Pinnacle Wealth Planning Services
Ohio
$132K +$9.46K +1,971 +10%
SS
258
Sunbelt Securities
Texas
$131K -$3.13K -653 -3%
PCM
259
Prelude Capital Management
New York
$130K +$102K +21,322 New
SAM
260
Smartleaf Asset Management
Massachusetts
$130K +$37.3K +7,771 +54%
Northwestern Mutual Wealth Management
261
Northwestern Mutual Wealth Management
Wisconsin
$129K -$15.5K -3,239 -13%
OC
262
Oppenheimer & Co
New York
$127K
GSIAS
263
Garden State Investment Advisory Services
New Jersey
$127K +$99.3K +20,700 New
CCM
264
Coldstream Capital Management
Washington
$124K +$97.5K +20,305 New
Envestnet Asset Management
265
Envestnet Asset Management
Illinois
$123K -$69.4K -14,460 -42%
BAS
266
Breakthru Advisory Services
Wisconsin
$123K +$96.4K +20,080 New
QPW
267
Quantum Private Wealth
Florida
$122K
QOP
268
Quinn Opportunity Partners
Virginia
$122K
SFS
269
Sowell Financial Services
Arkansas
$121K +$95.1K +19,811 New
Truist Financial
270
Truist Financial
North Carolina
$120K -$2.69K -561 -3%
OAM
271
Oppenheimer Asset Management
New York
$119K +$93.1K +19,404 New
CFO
272
Callan Family Office
Pennsylvania
$115K
PCM
273
Polymer Capital Management
New York
$115K +$90.1K +18,766 New
CWM
274
Cornerstone Wealth Management
Missouri
$114K +$1.73K +360 +2%
VA
275
Vident Advisory
Georgia
$112K +$87.7K +18,278 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.