undamentalytics Newsletter

Lumen Technologies, Inc.: which funds bought and sold

Institutions that bought and sold Lumen Technologies shares in Q2 2026, from the holdings they reported to the SEC on Form 13F for March 31, 2026 and June 30, 2026.

Between March 31, 2026 and June 30, 2026, 273 institutions that filed 13F reports for both quarters added to or opened positions in Lumen Technologies, and 234 cut or closed them. Together they added a net 7.5M shares, +1.1% on what they held at the start of the quarter. Active managers and hedge funds on our list were net buyers of 15.4M shares (+14.8%); index fund managers were net buyers of 7.4M shares (+2.1%). 74 opened a new position and 52 sold out entirely.

Bought, Q2 2026 273 institutions, 74 of them new holders Sold, Q2 2026 234 institutions, 52 of them sold out
Net change, all compared +7.5M shares (+1.1%)
Net change, active managers +15.4M shares (+14.8%), 31 bought, 23 sold

Buyers versus sellers

institutions compared, 658
Active managers and hedge funds 31 bought · 23 sold · +15.4M
Index fund managers 5 bought · 6 sold · +7.4M
Other institutions 237 bought · 205 sold · −15.4M

Biggest buyers

by change in shares held
Biggest buyers
Institution Change in shares Shares June 30, 2026 Value
FMR LLC Active manager +13.9M +44.3% 45.3M $348M
Front Street Capital Management, Inc. +12.2M New position 12.2M $93.5M
Bank Of New York Mellon Corp +4.9M +87.2% 10.5M $80.6M
Blackrock, Inc. Index funds +4.8M +3.5% 142.3M $1.1B
Victory Capital Management Inc Active manager +4.6M +3061.9% 4.8M $36.6M
BNP Paribas Financial Markets +2.8M +194.4% 4.3M $32.7M
D. E. Shaw & Co., Inc. Hedge fund +2.5M +16.4% 17.5M $134M
State Street Corp Index funds +2.0M +4.3% 48.0M $369M
Geode Capital Management, LLC Index funds +2.0M +8.6% 24.8M $191M
Marshall Wace, LLP Hedge fund +1.8M +167.0% 2.9M $22.2M
Allianz Asset Management Gmbh +1.6M +18.7% 10.1M $77.4M
Nuveen, LLC +1.5M +28.4% 6.9M $52.8M
T. Rowe Price Investment Management, Inc. Active manager +1.5M New position 1.5M $11.6M
Bessemer Group Inc +1.3M +211.6% 1.9M $14.5M
Susquehanna International Group, LLP +1.2M +237.0% 1.7M $12.8M
Voleon Capital Management LP Hedge fund +923K +57.6% 2.5M $19.4M
HSBC Holdings PLC +920K +10.5% 9.7M $74.2M
Canada Life Assurance Co +882K New position 882K $6.8M
Healthcare Of Ontario Pension Plan Trust Fund +839K +37.7% 3.1M $23.5M
Public Sector Pension Investment Board +751K +20.2% 4.5M $34.4M

Biggest sellers

by change in shares held
Biggest sellers
Institution Change in shares Shares June 30, 2026 Value
Jpmorgan Chase & Co −13.8M −61.6% 8.6M $69M
Barclays PLC −11.3M −97.2% 322K $2.5M
Goldman Sachs Group Inc −5.6M −24.7% 17.0M $130M
Jane Street Group, LLC −5.2M Sold out 0 —
Millennium Management LLC Hedge fund −3.5M −75.5% 1.1M $8.6M
Arrowstreet Capital, Limited Partnership Hedge fund −3.2M −39.9% 4.8M $36.7M
First Trust Advisors LP −2.6M −20.6% 10.1M $77.9M
Tudor Investment Corp Et Al Hedge fund −2.2M −89.4% 257K $2M
Balyasny Asset Management L.P. Hedge fund −1.7M Sold out 0 —
Brigade Capital Management, LP −1.3M −70.3% 550K $4.2M
Charles Schwab Investment Management Inc Index funds −1.2M −7.0% 16.0M $123M
Citigroup Inc −1.2M −40.2% 1.8M $13.5M
SG Americas Securities, LLC −1.1M −91.9% 99K $761,000
UBS Group AG −1.1M −25.6% 3.2M $24.9M
Connor, Clark & Lunn Investment Management Ltd. −998K −23.6% 3.2M $24.8M
Citadel Advisors LLC Hedge fund −819K −32.4% 1.7M $13.1M
Westerly Capital Management, LLC −800K −36.4% 1.4M $10.8M
Lm Asset Management Inc. −755K −15.2% 4.2M $32.3M
Jump Financial, LLC −703K −79.9% 177K $1.4M
Vanguard Portfolio Management LLC Index funds −648K −1.0% 61.5M $472M

New positions

largest by value
InstitutionSharesValue June 30, 2026
Front Street Capital Management, Inc. 12.2M $93.5M
T. Rowe Price Investment Management, Inc.Active manager 1.5M $11.6M
Canada Life Assurance Co 882K $6.8M
Hillsdale Investment Management Inc. 506K $3.9M
Winton Group LtdHedge fund 484K $3.7M
Sora Investors LLC 337K $2.6M
Caxton Associates LLPHedge fund 247K $1.9M
Varcov Co. 237K $1.8M
Gotham Asset Management, LLCHedge fund 194K $1.5M
Hussman Strategic Advisors, Inc. 147K $1.1M

Sold out

largest by value
InstitutionSharesValue March 31, 2026
Jane Street Group, LLC 5.2M $35.8M
Balyasny Asset Management L.P.Hedge fund 1.7M $11.7M
Trexquant Investment LPHedge fund 395K $2.7M
Unifi Asset Management LP 71K $494,145
Axq Capital, LP 59K $411,746
Circle Wealth Management, LLC 56K $391,229
Quantitative Investment Management, LLC 49K $338,000
Gsa Capital Partners LLP 37K $260,000
Dynamic Technology Lab Private Ltd 36K $248,956
Abacus Wealth Partners, LLC 34K $236,314

Who holds the shares

13F holdings at June 30, 2026
Institutions reporting
616
Ten largest holders
58.9%
of 13F-reported shares
Index fund managers
48.7%
of 13F-reported shares
Active managers and hedge funds
16.5%
of 13F-reported shares
Buying and selling by type of institution, March 31, 2026 to June 30, 2026
TypeBoughtSoldNewSold outNet change in sharesNet %
Active managers and hedge funds 31 23 5 5 +15.4M +14.8%
Index fund managers 5 6 0 0 +7.4M +2.1%
Other institutions 237 205 69 47 −15.4M −6.0%

Active managers and hedge funds: a list we maintain of about 400 well-known stock-picking firms and hedge funds, matched by SEC registration number (CIK) and checked against the filer names each quarter. Index fund managers: the large index houses, such as BlackRock, Vanguard, State Street, Geode and Northern Trust. Every other filer (banks, brokers, wealth managers, pension funds, insurers and firms not on the list) counts as another institution. A firm that files under several SEC registrations appears once for each.

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