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2,763 hedge funds and large institutions have $97.7B invested in Verizon in 2023 Q2 according to their latest regulatory filings, with 140 funds opening new positions, 1,123 increasing their positions, 1,305 reducing their positions, and 178 closing their positions.

New
Increased
Maintained
Reduced
Closed

24% more call options, than puts

Call options by funds: $1.62B | Put options by funds: $1.31B

1.28% less ownership

Funds ownership: 63.64%62.37% (-1.3%)

2% less funds holding

Funds holding: 2,8282,763 (-65)

6% less capital invested

Capital invested by funds: $104B → $97.7B (-$5.88B)

14% less repeat investments, than reductions

Existing positions increased: 1,123 | Existing positions reduced: 1,305

21% less first-time investments, than exits

New positions opened: 140 | Existing positions closed: 178

31% less funds holding in top 10

Funds holding in top 10: 5941 (-18)

Holders
2,763
Holders Change
-65
Holders Change %
-2.3%
% of All Funds
43.38%
Holding in Top 10
41
Holding in Top 10 Change
-18
Holding in Top 10 Change %
-30.51%
% of All Funds
0.64%
New
140
Increased
1,123
Reduced
1,305
Closed
178
Calls
$1.62B
Puts
$1.31B
Net Calls
+$317M
Net Calls Change
+$334M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$13B +$69.5M +1,878,264 +0.5%
BlackRock
2
BlackRock
New York
$12.6B +$219M +5,910,739 +2%
State Street
3
State Street
Massachusetts
$6.51B +$302M +8,171,700 +5%
Charles Schwab
4
Charles Schwab
California
$3.45B +$155M +4,174,284 +5%
Geode Capital Management
5
Geode Capital Management
Massachusetts
$3.06B +$86.9M +2,349,112 +3%
Morgan Stanley
6
Morgan Stanley
New York
$2.91B +$77.5M +2,092,940 +3%
Bank of America
7
Bank of America
North Carolina
$2.46B -$221M -5,971,310 -8%
JP Morgan Chase
8
JP Morgan Chase
New York
$1.66B -$53.5M -1,446,581 -3%
Norges Bank
9
Norges Bank
Norway
$1.59B -$163M -4,414,311 -9%
Northern Trust
10
Northern Trust
Illinois
$1.58B -$149M -4,037,417 -9%
Dimensional Fund Advisors
11
Dimensional Fund Advisors
Texas
$1.47B +$13.8M +373,994 +1%
T. Rowe Price Associates
12
T. Rowe Price Associates
Maryland
$1.39B -$36.5K -986 -0%
Bank of New York Mellon
13
Bank of New York Mellon
New York
$1.23B -$20.4M -552,113 -2%
Legal & General Group
14
Legal & General Group
United Kingdom
$1.15B +$51.2M +1,383,074 +5%
Ameriprise
15
Ameriprise
Minnesota
$1.05B -$9.1M -245,946 -0.9%
Royal Bank of Canada
16
Royal Bank of Canada
Ontario, Canada
$1.02B +$89.5M +2,417,637 +10%
Invesco
17
Invesco
Georgia
$958M -$42.8M -1,156,241 -4%
California Public Employees Retirement System
18
California Public Employees Retirement System
California
$920M -$13.1M -354,126 -1%
Fidelity Investments
19
Fidelity Investments
Massachusetts
$902M -$141M -3,815,798 -14%
Wells Fargo
20
Wells Fargo
California
$826M -$9.39M -253,761 -1%
UBS AM
21
UBS AM
Illinois
$787M
Deutsche Bank
22
Deutsche Bank
Germany
$768M +$47.2M +1,276,246 +7%
Federated Hermes
23
Federated Hermes
Pennsylvania
$733M -$17.8M -481,571 -2%
Goldman Sachs
24
Goldman Sachs
New York
$704M -$98.9M -2,671,925 -12%
Capital Research Global Investors
25
Capital Research Global Investors
California
$699M -$329M -8,876,166 -32%

VZ Hedge Fund Activity: Q2 2023 in Review

2,763 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Verizon (VZ) for Q2 2023, worth a combined $97.7B — down 5.7% from $104B a quarter earlier.

Sellers outnumbered buyers: 178 funds closed out of VZ and 140 opened new positions — a net loss of 38 holders — while 1,305 trimmed existing stakes and 1,123 added.

The largest buyer was State Street, adding an estimated $302M. The largest seller was OFI Invest Asset Management, cutting an estimated $1.63B.

  • 2,763 institutional investors held Verizon (VZ) as of Q2 2023, down from 2,828 in Q1 2023.
  • Funds reported $97.7B of Verizon stock for Q2 2023, down 5.7% quarter-over-quarter.
  • 140 funds opened new Verizon positions in Q2 2023 and 178 closed out, a net change of -38 holders.
  • The largest Verizon buyer in Q2 2023 was State Street, an estimated $302M added.
  • The largest Verizon seller in Q2 2023 was OFI Invest Asset Management, an estimated $1.63B sold.

Based on aggregated 13F filings for Q2 2023.