Lumen Technologies, Inc. Common Stock
LUMN
454 hedge funds and large institutions have $721M invested in Lumen Technologies, Inc. Common Stock in 2024 Q2 according to their latest regulatory filings, with 51 funds opening new positions, 111 increasing their positions, 147 reducing their positions, and 75 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
2.29% less ownership
Funds ownership: 66.98% → 64.7% (-2.3%)
7% less funds holding
Funds holding: 487 → 454 (-33)
24% less repeat investments, than reductions
Existing positions increased: 111 | Existing positions reduced: 147
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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$5.72M |
| 2 |
Millennium Management
New York
|
+$5.63M |
| 3 |
FSCM
Front Street Capital Management
Missoula,
Montana
|
+$3.42M |
| 4 |
PFCS
Pale Fire Capital SE
Prague,
Czech Republic
|
+$2.95M |
| 5 |
Goldman Sachs
New York
|
+$2.29M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$10.4M |
| 2 |
D.E. Shaw & Co
New York
|
-$7.51M |
| 3 |
Morgan Stanley
New York
|
-$7.37M |
| 4 |
FRM
Foundation Resource Management
Little Rock,
Arkansas
|
-$4.19M |
| 5 |
Two Sigma Advisers
New York
|
-$3.04M |
LUMN Hedge Fund Activity: Q2 2024 in Review
454 of the 6,939 institutional investors tracked by Wall St. Rank reported a position in Lumen Technologies, Inc. Common Stock (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 147 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.
- 454 institutional investors held Lumen Technologies, Inc. Common Stock (LUMN) as of Q2 2024, down from 487 in Q1 2024.
- Funds reported $721M of Lumen Technologies, Inc. Common Stock stock for Q2 2024, down 32% quarter-over-quarter.
- 51 funds opened new Lumen Technologies, Inc. Common Stock positions in Q2 2024 and 75 closed out, a net change of -24 holders.
- The largest Lumen Technologies, Inc. Common Stock buyer in Q2 2024 was Invesco, an estimated $5.72M added.
- The largest Lumen Technologies, Inc. Common Stock seller in Q2 2024 was First Trust Advisors, an estimated $10.4M sold.
Based on aggregated 13F filings for Q2 2024.