Lumen
LUMN
503 hedge funds and large institutions have $957M invested in Lumen in 2023 Q3 according to their latest regulatory filings, with 50 funds opening new positions, 116 increasing their positions, 195 reducing their positions, and 92 closing their positions.
4.37% less ownership
Funds ownership: 70.82% → 66.45% (-4.4%)
9% less funds holding
Funds holding: 554 → 503 (-51)
41% less repeat investments, than reductions
Existing positions increased: 116 | Existing positions reduced: 195
41% less capital invested
Capital invested by funds: $1.61B → $957M (-$657M)
46% less first-time investments, than exits
New positions opened: 50 | Existing positions closed: 92
83% less call options, than puts
Call options by funds: $11.1M | Put options by funds: $67.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
+$12.4M |
| 2 |
PCM
Palestra Capital Management
New York
|
+$9.81M |
| 3 |
Millennium Management
New York
|
+$9.26M |
| 4 |
Charles Schwab
San Francisco,
California
|
+$8.87M |
| 5 |
HSBC Holdings
London,
United Kingdom
|
+$6.29M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$36.5M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$19.9M |
| 3 |
JP Morgan Chase
New York
|
-$16M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$11.8M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
-$10.9M |
LUMN Hedge Fund Activity: Q3 2023 in Review
503 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Lumen (LUMN) for Q3 2023, worth a combined $957M — down 41% from $1.61B a quarter earlier.
Sellers outnumbered buyers: 92 funds closed out of LUMN and 50 opened new positions — a net loss of 42 holders — while 195 trimmed existing stakes and 116 added.
The largest buyer was D.E. Shaw & Co, adding an estimated $12.4M. The largest seller was Arrowstreet Capital, cutting an estimated $36.5M.
- 503 institutional investors held Lumen (LUMN) as of Q3 2023, down from 554 in Q2 2023.
- Funds reported $957M of Lumen stock for Q3 2023, down 41% quarter-over-quarter.
- 50 funds opened new Lumen positions in Q3 2023 and 92 closed out, a net change of -42 holders.
- The largest Lumen buyer in Q3 2023 was D.E. Shaw & Co, an estimated $12.4M added.
- The largest Lumen seller in Q3 2023 was Arrowstreet Capital, an estimated $36.5M sold.
Based on aggregated 13F filings for Q3 2023.