Verizon
2,608 hedge funds and large institutions have $83.4B invested in Verizon in 2023 Q3 according to their latest regulatory filings, with 134 funds opening new positions, 1,024 increasing their positions, 1,289 reducing their positions, and 260 closing their positions.
3% more call options, than puts
Call options by funds: $1.36B | Put options by funds: $1.33B
1.3% less ownership
Funds ownership: 62.37% → 61.06% (-1.3%)
6% less funds holding
Funds holding: 2,764 → 2,608 (-156)
10% less funds holding in top 10
Funds holding in top 10: 41 → 37 (-4)
15% less capital invested
Capital invested by funds: $97.7B → $83.4B (-$14.3B)
21% less repeat investments, than reductions
Existing positions increased: 1,024 | Existing positions reduced: 1,289
48% less first-time investments, than exits
New positions opened: 134 | Existing positions closed: 260
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$334M |
| 2 |
UBS AM
Chicago,
Illinois
|
+$202M |
| 3 |
Millennium Management
New York
|
+$156M |
| 4 |
National Bank of Canada
Montreal,
Quebec, Canada
|
+$155M |
| 5 |
Charles Schwab
San Francisco,
California
|
+$153M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$932M |
| 2 |
JP Morgan Chase
New York
|
-$424M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$343M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$341M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$273M |
VZ Hedge Fund Activity: Q3 2023 in Review
2,608 of the 6,302 institutional investors tracked by Wall St. Rank reported a position in Verizon (VZ) for Q3 2023, worth a combined $83.4B — down 15% from $97.7B a quarter earlier.
Sellers outnumbered buyers: 260 funds closed out of VZ and 134 opened new positions — a net loss of 126 holders — while 1,289 trimmed existing stakes and 1,024 added.
The largest buyer was Arrowstreet Capital, adding an estimated $334M. The largest seller was Bank of America, cutting an estimated $932M.
- 2,608 institutional investors held Verizon (VZ) as of Q3 2023, down from 2,764 in Q2 2023.
- Funds reported $83.4B of Verizon stock for Q3 2023, down 15% quarter-over-quarter.
- 134 funds opened new Verizon positions in Q3 2023 and 260 closed out, a net change of -126 holders.
- The largest Verizon buyer in Q3 2023 was Arrowstreet Capital, an estimated $334M added.
- The largest Verizon seller in Q3 2023 was Bank of America, an estimated $932M sold.
Based on aggregated 13F filings for Q3 2023.