Verizon Communications

VZ • NYSE

Verizon Communications is a telecommunications services company in the communication services sector on NYSE, led by Hans E. Vestberg, with a market cap of $173.97B. As of Q3 2025, 65% of shares are held by 2,940 institutional investors, with VANGUARD GROUP INC as the largest holder at 8.87%.

Chairman and Chief Executive OfficerHans E. Vestberg

Market Cap$173.97B

Telecommunications Services

Communication Services

Employees105.4K

Websiteverizon.com

Country

United States of America

Overview

Overview of institutional ownership in VZ as of Q3 2025 with a market cap of $185.31B

All Institutions

Institutions: 2,940
Value Held: $120.08B
Shares Held: 2.73B
Avg Position: $40.8M
Median Position: $1.1M

Hedge Funds

Hedge Funds: 83
Value Held: $1.4B
Shares Held: 31.1M
Avg Position: $16.4M
Median Position: $1.8M

Ownership Breakdown

Institutional (non-HF)

64.06%

$118.71B

Hedge Funds

0.735%

$1.4B

Retail & Other

35.2%

$65.2B

Based on market cap of $185.31B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in VZ as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
VANGUARD GROUP INC Institution	Salim Ramji CEO	$16.4B 0.25% of portfolio	8.87% 373.9M shares	≤ Q2 2013 Held for 12y 5m+	$6.69T
B BlackRock, Inc. Institution	-	$15.9B 0.28% of portfolio	8.56% 360.8M shares	≤ Q2 2013 Held for 12y 5m+	$5.67T
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$9.5B 0.33% of portfolio	5.11% 215.5M shares	≤ Q2 2013 Held for 12y 5m+	$2.88T
SCHWAB CHARLES INVESTMENT MANAGEMENT INC Long Only Manager	Omar Aguilar Chavez CEO	$4.9B 0.78% of portfolio	2.63% 110.7M shares	≤ Q2 2013 Held for 12y 5m+	$620.51B
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$4.5B 0.28% of portfolio	2.41% 101.8M shares	≤ Q2 2013 Held for 12y 5m+	$1.57T
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$3.4B 0.21% of portfolio	1.83% 77.3M shares	≤ Q2 2013 Held for 12y 5m+	$1.65T
BANK OF AMERICA CORP /DE/ Institution	Brian T. Moynihan CEO	$2.6B 0.20% of portfolio	1.43% 60.3M shares	≤ Q2 2013 Held for 12y 5m+	$1.33T
GQG Partners LLC Long Only Manager	Timothy Jacob Carver CEO	$2.3B 3.58% of portfolio	1.26% 53.0M shares	Q3 2024 Held for 1y 2m	$65.1B
NORTHERN TRUST CORP Institution	Michael G. O'Grady CEO	$2.0B 0.25% of portfolio	1.07% 45.3M shares	≤ Q2 2013 Held for 12y 5m+	$782.01B
JPMORGAN CHASE & CO Institution	Jamie Dimon CEO	$1.9B 0.12% of portfolio	1.01% 42.7M shares	≤ Q2 2013 Held for 12y 5m+	$1.56T

Net Capital Flow

Institutional buying and selling activity for VZ in Q3 2025

Net Flow: +$1.0B
Buyers: 1,414
Sellers: 1,270
Total Bought: +$4.0B
Total Sold: −$3.0B
Avg Position: $40.8M

Biggest Buyers

Institution	Net Bought	Current Position
B BlackRock, Inc. Institution	+$328.7M +7.5M shares	$15.9B 360.8M shares
STATE STREET CORP Institution	+$319.8M +7.3M shares	$9.5B 215.5M shares
C Capital World Investors Institution	+$215.6M +4.9M shares	$637.8M 14.5M shares
JPMORGAN CHASE & CO Institution	+$185.0M +4.2M shares	$1.9B 42.7M shares
MORGAN STANLEY RIA/Wealth	+$169.7M +3.9M shares	$3.4B 77.3M shares
BANK OF AMERICA CORP /DE/ Institution	+$161.3M +3.7M shares	$2.6B 60.3M shares
UBS Group AG Institution	+$150.9M +3.4M shares	$1.2B 26.7M shares
SCHWAB CHARLES INVESTMENT MANAGEMENT INC Long Only Manager	+$131.8M +3.0M shares	$4.9B 110.7M shares
AQR CAPITAL MANAGEMENT LLC Hedge Fund•Multi-Strategy	+$129.3M +3.0M shares	$386.0M 8.8M shares
B BNP PARIBAS ARBITRAGE, SA Institution	+$69.6M +1.6M shares	$452.0M 10.3M shares

Biggest Sellers

Institution	Net Sold	Current Position
UBS GLOBAL ASSET MANAGEMENT AMERICAS INC Long Only Manager	−$467.9M −10.6M shares	$1.6B 37.0M shares
FMR LLC Institution	−$175.9M −4.0M shares	$1.4B 32.7M shares
C CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM Institution	−$154.7M −3.5M shares	$775.2M 17.6M shares
A Allianz Asset Management AG Institution	−$121.4M −2.8M shares	$351.4M 8.0M shares
Q Qube Research & Technologies Ltd Institution	−$106.6M −2.5M shares	Sold Off 0 shares
ACADIAN ASSET MANAGEMENT LLC Long Only Manager	−$96.6M −2.2M shares	$234.1M 5.3M shares
J JANE STREET GROUP, LLC Institution	−$84.0M −1.9M shares	$6.9M 157.5K shares
A AXA Institution	−$78.7M −1.8M shares	Sold Off 0 shares
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	−$77.4M −1.8M shares	$58.4M 1.3M shares
DIMENSIONAL FUND ADVISORS LP Long Only Manager	−$77.3M −1.8M shares	$1.4B 32.3M shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited VZ in Q3 2025

New Positions: 42
New Value: $39.6M
Exited Positions: 122
Exited Value: $477.4M

New Positions

Institution	Position Value
D DDD Partners, LLC Institution	$18.3M 416.1K shares
M Mubadala Investment Co PJSC Institution	$4.0M 91.4K shares
T TEMA ETFS LLC Institution	$3.5M 79.6K shares
T Torrey Growth & Income Advisors RIA/Wealth	$3.1M 72.7K shares
Investment Research Partners LLC Hedge Fund•Multi-Strategy	$1.0M 25.2K shares
Kera Capital Partners, Inc. RIA/Wealth	$1.0M 22.8K shares
P Polymer Capital Management LTD Hedge Fund•Multi-Strategy	$744.5K 16.9K shares
D denkapparat Operations GmbH Institution	$597.7K 13.6K shares
Berman McAleer LLC RIA/Wealth	$546.5K 12.4K shares
B Blueprint Financial Advisors LLC RIA/Wealth	$510.9K 11.6K shares

Exited Positions

Institution	Previous Position
Q Qube Research & Technologies Ltd Institution	$106.6M 2.5M shares
A AXA Institution	$78.7M 1.8M shares
TWO SIGMA ADVISERS, LLC Hedge Fund•Multi-Strategy	$55.8M 1.3M shares
TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy	$36.1M 833.9K shares
VOLORIDGE INVESTMENT MANAGEMENT, LLC Hedge Fund•Multi-Strategy	$29.4M 679.8K shares
Woodline Partners LP Hedge Fund•Long/Short	$19.7M 456.0K shares
Kingstone Capital Partners Texas, LLC RIA/Wealth	$15.8M 365.2K shares
N Nationale-Nederlanden Powszechne Towarzystwo Emerytalne S.A. Institution	$14.9M 344.1K shares
T TEXAS PERMANENT SCHOOL FUND Institution	$14.6M 338.5K shares
A Artemis Investment Management LLP Institution	$13.9M 320.3K shares

Options Activity

Institutions with the largest Call and Put options positions in VZ as of Q3 2025

Call Positions: 62
Call Value: $1.7B
Put Positions: 50
Put Value: $1.7B

Call Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$441.2M 100.4K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$215.3M 49.0K contracts
D D. E. Shaw & Co., Inc. Institution	$137.2M 31.2K contracts
J JANE STREET GROUP, LLC Institution	$93.1M 21.2K contracts
T Twin Tree Management, LP Hedge Fund•Vol Arbitrage	$91.9M 20.9K contracts
S Squarepoint Ops LLC Hedge Fund•Quant	$86.3M 19.6K contracts
Walleye Trading LLC RIA/Wealth	$59.5M 13.5K contracts
BANK OF AMERICA CORP /DE/ Institution	$49.7M 11.3K contracts
W WOLVERINE TRADING, LLC Institution	$47.2M 10.9K contracts
Q Qube Research & Technologies Ltd Institution	$41.4M 9.4K contracts

Put Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$523.3M 119.1K contracts
CITIGROUP INC Institution	$311.2M 70.8K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$102.3M 23.3K contracts
J JANE STREET GROUP, LLC Institution	$70.4M 16.0K contracts
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	$59.8M 13.6K contracts
UBS Group AG Institution	$58.8M 13.4K contracts
CAPITAL FUND MANAGEMENT S.A. Hedge Fund•Quant Macro	$57.7M 13.1K contracts
Q Qube Research & Technologies Ltd Institution	$50.0M 11.4K contracts
CAPSTONE INVESTMENT ADVISORS, LLC Hedge Fund•Multi-Strategy	$46.2M 10.5K contracts
E Eisler Capital Management Ltd. Institution	$41.6M 9.6K contracts

Most Committed Institutions

Institutions with VZ as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
TERRIL BROTHERS, INC. RIA/Wealth	John Joseph Terril President	9.06% $29.8M	0.02% 678.9K shares	Q3 2014 Held for 11y 2m	$329.5M
H Heathbridge Capital Management Ltd. Institution	-	8.00% $20.8M	0.01% 474.0K shares	Q2 2018 Held for 7y 5m	$260.5M
Almanack Investment Partners, LLC. RIA/Wealth	Megen Ann Hemdal COO	7.09% $41.2M	0.02% 936.6K shares	Q2 2017 Held for 8y 5m	$580.5M
Credit Capital Investments LLC Hedge Fund•Credit Arb	Varkki Pullolickal Chacko Managing Partner	6.69% $6.0M	0.00% 136.3K shares	Q2 2017 Held for 8y 5m	$89.5M
T Te Ahumairangi Investment Management Ltd Institution	-	6.34% $37.3M	0.02% 848.8K shares	Q3 2020 Held for 5y 2m	$588.3M
Dupree Financial Group, LLC RIA/Wealth	William Martin Ambrose CFO	5.94% $15.3M	0.01% 348.3K shares	Q3 2024 Held for 1y 2m	$257.5M
P Patrick Mauro Investment Advisor, INC. RIA/Wealth	Patrick John Mauro CEO	5.70% $10.7M	0.01% 243.9K shares	Q3 2022 Held for 3y 2m	$188.2M
P PARK CIRCLE Co Institution	-	5.23% $6.0M	0.00% 137.2K shares	Q4 2017 Held for 7y 11m	$115.2M
Drum Hill Capital, LLC RIA/Wealth	David Cleaves Nightingale CIO	5.06% $4.6M	0.00% 104.3K shares	Q4 2024 Held for 11 months	$90.7M
E EDGAR LOMAX CO/VA Long Only Manager	Randall Robbi Eley President	4.73% $60.4M	0.03% 1.4M shares	≤ Q2 2013 Held for 12y 5m+	$1.3B

Hedge Fund Spotlight

Discover hedge funds investing in VZ

Concentric Capital Strategies, LP

Hedge Fund • Long/Short

Portfolio ManagerSeth Adam Turkeltaub

Portfolio Value: $2.1B
Positions: 282
Last Reported: Q3 2025

Sector Allocation

Position in Verizon Communications

Market Value: $10.8M
Shares Held: 246.8K
Portfolio Weight: 0.52%
Owned Since: 2023-Q4

Top Holding	Sector	Market Value	Weight
1 SPDR S&P 500 ETF Trust SPY	ETF ETF	$488.2M	23.32%
2 Microsoft MSFT	Software - Infrastructure Technology	$34.6M	1.65%
3 Packaging Corp of America PKG	Packaging & Containers Consumer Cyclical	$31.5M	1.51%