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453 hedge funds and large institutions have $721M invested in Lumen in 2024 Q2 according to their latest regulatory filings, with 51 funds opening new positions, 111 increasing their positions, 146 reducing their positions, and 75 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

2.29% less ownership

Funds ownership: 66.98%64.7% (-2.3%)

7% less funds holding

Funds holding: 486453 (-33)

24% less repeat investments, than reductions

Existing positions increased: 111 | Existing positions reduced: 146

32% less capital invested

Capital invested by funds: $1.06B → $721M (-$337M)

32% less first-time investments, than exits

New positions opened: 51 | Existing positions closed: 75

78% less call options, than puts

Call options by funds: $7.83M | Put options by funds: $35.4M

Holders
453
Holders Change
-33
Holders Change %
-6.79%
% of All Funds
6.53%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.03%
New
51
Increased
111
Reduced
146
Closed
75
Calls
$7.83M
Puts
$35.4M
Net Calls
-$27.5M
Net Calls Change
+$12.9M

LUMN Hedge Fund Activity: Q2 2024 in Review

453 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in Lumen (LUMN) for Q2 2024, worth a combined $721M — down 32% from $1.06B a quarter earlier.

Sellers outnumbered buyers: 75 funds closed out of LUMN and 51 opened new positions — a net loss of 24 holders — while 146 trimmed existing stakes and 111 added.

The largest buyer was Invesco, adding an estimated $5.72M. The largest seller was First Trust Advisors, cutting an estimated $10.4M.

  • 453 institutional investors held Lumen (LUMN) as of Q2 2024, down from 486 in Q1 2024.
  • Funds reported $721M of Lumen stock for Q2 2024, down 32% quarter-over-quarter.
  • 51 funds opened new Lumen positions in Q2 2024 and 75 closed out, a net change of -24 holders.
  • The largest Lumen buyer in Q2 2024 was Invesco, an estimated $5.72M added.
  • The largest Lumen seller in Q2 2024 was First Trust Advisors, an estimated $10.4M sold.

Based on aggregated 13F filings for Q2 2024.