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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
BlackRock
1
BlackRock
New York
$889M -$14.8M -3,089,975 -2%
Vanguard Group
2
Vanguard Group
Pennsylvania
$695M +$6.22M +1,295,177 +1%
State Street
3
State Street
Massachusetts
$277M -$10.5M -2,185,561 -5%
Geode Capital Management
4
Geode Capital Management
Massachusetts
$136M -$3.5M -728,249 -3%
Charles Schwab
5
Charles Schwab
California
$110M +$2.48M +517,067 +3%
Dimensional Fund Advisors
6
Dimensional Fund Advisors
Texas
$106M -$1.51M -315,379 -2%
First Trust Advisors
7
First Trust Advisors
Illinois
$101M -$10.2M -2,122,416 -11%
FSCM
8
Front Street Capital Management
Montana
$74.1M +$947K +197,241 +2%
Renaissance Technologies
9
Renaissance Technologies
New York
$69.2M -$6.74M -1,404,403 -11%
PCM
10
Palestra Capital Management
New York
$68.3M
Northern Trust
11
Northern Trust
Illinois
$66.1M -$56.1K -11,680 -0.1%
Morgan Stanley
12
Morgan Stanley
New York
$65.1M -$3.02M -629,831 -6%
Goldman Sachs
13
Goldman Sachs
New York
$64.6M -$2M -415,767 -4%
LAII
14
LM Asset (IM) Inc
British Columbia, Canada
$62.3M -$864K -180,000 -2%
Fidelity Investments
15
Fidelity Investments
Massachusetts
$61.6M +$22.9M +4,770,155 +90%
Allianz Asset Management
16
Allianz Asset Management
Germany
$61.5M +$2.57M +536,324 +6%
HSBC Holdings
17
HSBC Holdings
United Kingdom
$44.4M -$30.3M -6,318,083 -47%
N
18
Nuveen
North Carolina
$38.4M -$1.88M -392,238 -6%
Two Sigma Investments
19
Two Sigma Investments
New York
$38M -$6.86M -1,428,759 -19%
Arrowstreet Capital
20
Arrowstreet Capital
Massachusetts
$37.3M -$9.72M -2,025,432 -25%
Millennium Management
21
Millennium Management
New York
$36.8M +$4.31M +898,893 +18%
Bank of New York Mellon
22
Bank of New York Mellon
New York
$36.1M -$1.98M -412,494 -7%
CA
23
CapWealth Advisors
Tennessee
$33.6M +$5.3M +1,103,836 +25%
JP Morgan Chase
24
JP Morgan Chase
New York
$33.5M -$28M -5,839,778 -52%
Connor, Clark & Lunn Investment Management (CC&L)
25
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$32.2M +$3.1M +645,656 +14%