COMCAST CORP NEW CMCSA
CL A · Common Stock · CUSIP 20030N101 · ISIN US20030N1019
American multinational telecommunications conglomerate
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($599.6m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $43.85. Options: 61 managers hold calls ($1.7bn notional), 56 hold puts ($1.3bn).
Trends to Q4 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 2,104 |
| Q4 2022 | 2,216 |
| Q1 2023 | 2,227 |
| Q2 2023 | 2,260 |
| Q3 2023 | 2,337 |
| Q4 2023 | 2,475 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 961 | 1,074 |
| Q1 2023 | 1,118 | 955 |
| Q2 2023 | 1,009 | 1,070 |
| Q3 2023 | 1,079 | 1,044 |
| Q4 2023 | 990 | 1,182 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2023 | $2.0bn | $1.6bn | 0.77 |
| Q2 2023 | $949.6m | $860.9m | 0.91 |
| Q3 2023 | $1.7bn | $1.3bn | 0.75 |
| Q4 2023 | $1.7bn | $1.3bn | 0.78 |
Biggest buyers
| JPMORGAN CHASE & CO | Added | +102.3m |
| MORGAN STANLEY | Added | +56.9m |
| Capital World Investors | Added | +15.6m |
| STATE STREET CORP | Added | +6.9m |
| NORGES BANK | Added | +5.5m |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Added | +5.2m |
| AMERIPRISE FINANCIAL INC | Added | +3.9m |
| GOLDMAN SACHS GROUP INC | Added | +3.5m |
| Invesco Ltd. | Added | +3.3m |
| AXA S.A. | Added | +2.9m |
Biggest sellers
| Capital Research Global Investors | Reduced | -35.3m |
| CITADEL ADVISORS LLC | Reduced | -15.4m |
| Capital International Investors | Reduced | -14.7m |
| BlackRock Inc. | Reduced | -8.8m |
| MACQUARIE GROUP LTD | Reduced | -7.7m |
| VANGUARD GROUP INC | Reduced | -4.7m |
| FRANKLIN RESOURCES INC | Reduced | -3.5m |
| TORONTO DOMINION BANK | Reduced | -3.1m |
| VONTOBEL ASSET MANAGEMENT INC | Reduced | -2.8m |
| Clearbridge Investments, LLC | Reduced | -2.5m |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $179.7m4.1m shares |
| GOLDMAN SACHS GROUP INC | Added | $170.9m3.9m shares |
| JANE STREET GROUP, LLC | Added | $131.8m3.0m shares |
| CITADEL ADVISORS LLC | Reduced | $125.1m2.9m shares |
| MILLENNIUM MANAGEMENT LLC | Added | $103.5m2.4m shares |
| WELLS FARGO & COMPANY/MN | Added | $102.7m2.3m shares |
| CITIGROUP INC | Added | $93.7m2.1m shares |
| Long Focus Capital Management, LLC | Added | $91.7m2.1m shares |
| Walleye Capital LLC | Added | $69.8m1.6m shares |
| JPMORGAN CHASE & CO | Added | $66.1m1.5m shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $145.7m3.3m shares |
| UBS Group AG | Added | $116.9m2.7m shares |
| CITIGROUP INC | Added | $111.6m2.5m shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $110.9m2.5m shares |
| GOLDMAN SACHS GROUP INC | Reduced | $100.5m2.3m shares |
| BANK OF AMERICA CORP /DE/ | Added | $85.9m2.0m shares |
| CITADEL ADVISORS LLC | Reduced | $64.6m1.5m shares |
| Walleye Capital LLC | Reduced | $58.9m1.3m shares |
| CAPITAL FUND MANAGEMENT S.A. | Added | $53.3m1.2m shares |
| SIMPLEX TRADING, LLC | Added | $38.2m871.7k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 7.5% |
| STATE STREET CORP 13G · institution new · filed 2026-02-09 | 5.1% |
Fell to 5% or below in the last year: Capital World Investors (3.0%, 2026-08-12), VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales in Q4 2023
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q1 2022 | 0 | — | 1 | $3.0m | — |
| Q2 2022 | 0 | — | 1 | $397.3k | — |
| Q3 2022 | 0 | — | 0 | — | — |
| Q4 2022 | 0 | — | 1 | $71.8k | — |
| Q1 2023 | 0 | — | 0 | — | — |
| Q2 2023 | 0 | — | 0 | — | — |
| Q3 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 0 | — | 2 | $27.6m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2023-11-20 | Armstrong Jason CFO | Sold | $1.8m41.7k shares |
| 2023-11-14 | ROBERTS BRIAN L Chairman of Board & CEO, director · By Trusts | Sold | $25.8m616.1k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q4 2023
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.36% of their portfolio | 378.0m $16.6bn | Reduced -4.7m |
| BlackRock Inc. 0.33% of their portfolio | 298.2m $13.1bn | Reduced -8.8m |
| JPMORGAN CHASE & CO 0.44% of their portfolio | 196.5m $8.6bn | Added +102.3m |
| STATE STREET CORP 0.34% of their portfolio | 161.6m $7.1bn | Added +6.9m |
| Capital International Investors 1.22% of their portfolio | 123.7m $5.4bn | Reduced -14.7m |
| FMR LLC 0.38% of their portfolio | 112.4m $4.9bn | Reduced -2.1m |
| MORGAN STANLEY 0.21% of their portfolio | 108.6m $4.8bn | Added +56.9m |
| Capital World Investors 0.84% of their portfolio | 107.8m $4.7bn | Added +15.6m |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 1.30% of their portfolio | 91.9m $4.0bn | Reduced -2.2m |
| GEODE CAPITAL MANAGEMENT, LLC 0.37% of their portfolio | 81.5m $3.6bn | Added +63.2k |
| BANK OF AMERICA CORP /DE/ 0.37% of their portfolio | 74.9m $3.3bn | Reduced -1.3m |
| Dodge & Cox 2.08% of their portfolio | 74.6m $3.3bn | Reduced -1.2m |
| Capital Research Global Investors 0.66% of their portfolio | 61.5m $2.7bn | Reduced -35.3m |
| NORGES BANK 0.44% of their portfolio | 58.0m $2.5bn | Added +5.5m |
| AMERIPRISE FINANCIAL INC 0.70% of their portfolio | 53.6m $2.3bn | Added +3.9m |
| NORTHERN TRUST CORP 0.35% of their portfolio | 43.5m $1.9bn | Reduced -2.5m |
| WELLS FARGO & COMPANY/MN 0.52% of their portfolio | 42.0m $1.8bn | Added +711.4k |
| Invesco Ltd. 0.41% of their portfolio | 39.1m $1.7bn | Added +3.3m |
| DIMENSIONAL FUND ADVISORS LP 0.48% of their portfolio | 37.7m $1.7bn | Reduced -687.0k |
| Bank of New York Mellon Corp 0.31% of their portfolio | 35.3m $1.5bn | Reduced -895.5k |
| Clearbridge Investments, LLC 1.22% of their portfolio | 32.3m $1.4bn | Reduced -2.5m |
| First Eagle Investment Management, LLC 3.35% of their portfolio | 31.9m $1.4bn | Reduced -65.1k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.33% of their portfolio | 30.5m $1.3bn | Reduced -253.1k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 1.35% of their portfolio | 29.3m $1.3bn | Added +5.2m |
| Nuveen Asset Management, LLC 0.40% of their portfolio | 28.1m $1.2bn | Added +788.0k |
| Legal & General Group Plc 0.36% of their portfolio | 26.5m $1.2bn | Added +190.3k |
| FRANKLIN RESOURCES INC 0.54% of their portfolio | 26.4m $1.2bn | Reduced -3.5m |
| GOLDMAN SACHS GROUP INC 0.24% of their portfolio | 24.5m $1.1bn | Added +3.5m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.40% of their portfolio | 23.2m $1.0bn | Reduced -105.0k |
| ALLIANCEBERNSTEIN L.P. 0.35% of their portfolio | 20.9m $916.2m | Added +176.3k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.12% of their portfolio | 19.8m $867.1m | Added +537.1k |
| BARROW HANLEY MEWHINNEY & STRAUSS LLC 2.99% of their portfolio | 19.4m $848.6m | Added +1.8m |
| HARRIS ASSOCIATES L P 1.43% of their portfolio | 18.9m $827.6m | Added +1.9m |
| NORDEA INVESTMENT MANAGEMENT AB 0.99% of their portfolio | 17.8m $778.7m | Reduced -329.0k |
| EAGLE CAPITAL MANAGEMENT LLC 3.27% of their portfolio | 17.6m $771.2m | Reduced -603.7k |
| BARCLAYS PLC 0.36% of their portfolio | 16.1m $704.9m | Added +1.5m |
| LSV ASSET MANAGEMENT 1.50% of their portfolio | 15.7m $687.9m | Added +570.0k |
| RAYMOND JAMES & ASSOCIATES 0.48% of their portfolio | 14.7m $644.3m | Added +329.3k |
| ROYAL BANK OF CANADA 0.16% of their portfolio | 14.5m $637.1m | Reduced -1.1m |
| LORD, ABBETT & CO. LLC 1.04% of their portfolio | 13.4m $588.3m | Added +794.7k |
| Swiss National Bank 0.41% of their portfolio | 12.9m $564.3m | Reduced -508.9k |
| JANUS HENDERSON GROUP PLC 0.33% of their portfolio | 12.7m $554.9m | Reduced -2.4m |
| Amundi 0.24% of their portfolio | 12.2m $528.3m | Reduced -416.1k |
| DEUTSCHE BANK AG\ 0.26% of their portfolio | 11.7m $512.8m | Added +582.8k |
| California Public Employees Retirement System 0.38% of their portfolio | 11.4m $501.3m | Added +581.2k |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 1.77% of their portfolio | 11.3m $495.7m | Added +368.7k |
| Sumitomo Mitsui Trust Group, Inc. 0.35% of their portfolio | 10.9m $477.1m | Added +231.3k |
| Rothschild & Co Wealth Management UK Ltd 7.76% of their portfolio | 10.8m $473.3m | Reduced -34.5k |
| First Pacific Advisors, LP 6.94% of their portfolio | 10.6m $463.1m | Added +143.4k |
| UBS Group AG 0.18% of their portfolio | 10.5m $459.5m | Added +11.4k |
| WELLINGTON MANAGEMENT GROUP LLP 0.08% of their portfolio | 10.2m $448.6m | Reduced -1.4m |
| PRINCIPAL FINANCIAL GROUP INC 0.29% of their portfolio | 10.2m $447.4m | Reduced -196.3k |
| ENVESTNET ASSET MANAGEMENT INC 0.18% of their portfolio | 10.1m $444.4m | Added +69.9k |
| BANK OF MONTREAL /CAN/ 0.16% of their portfolio | 8.6m $492.2m | Added +1.9m |
| CREDIT SUISSE AG/ 0.35% of their portfolio | 8.3m $363.5m | Added +144.2k |
| RHUMBLINE ADVISERS 0.37% of their portfolio | 8.0m $352.4m | Reduced -199.6k |
| VAN ECK ASSOCIATES CORP 0.63% of their portfolio | 7.9m $346.0m | Added +586.4k |
| Fayez Sarofim & Co 0.99% of their portfolio | 7.7m $322.4m | Added +382.4k |
| National Pension Service 0.46% of their portfolio | 7.5m $329.1m | Added +160.0k |
| Darsana Capital Partners LP 11.73% of their portfolio | 7.5m $328.9m | Added +2.0m |
| PNC Financial Services Group, Inc. 0.25% of their portfolio | 7.4m $324.5m | Reduced -91.5k |
| PUTNAM INVESTMENTS LLC 0.40% of their portfolio | 6.9m $302.0m | Reduced -246.6k |
| HSBC HOLDINGS PLC 0.27% of their portfolio | 6.8m $298.4m | Added +153.8k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.40% of their portfolio | 6.6m $291.2m | Reduced -11.3k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.40% of their portfolio | 6.6m $291.2m | Reduced -626.2k |
| CITIGROUP INC 0.36% of their portfolio | 6.2m $271.9m | Added +825.3k |
| NEUBERGER BERMAN GROUP LLC 0.23% of their portfolio | 6.1m $266.8m | Reduced -1.0m |
| VICTORY CAPITAL MANAGEMENT INC 0.28% of their portfolio | 6.0m $264.9m | Reduced -683.6k |
| PRUDENTIAL FINANCIAL INC 0.39% of their portfolio | 5.9m $256.8m | Added +168.7k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.32% of their portfolio | 5.8m $255.5m | Added +1.1m |
| MEDIATEL PARTNERS 93.32% of their portfolio | 5.8m $255.3m | Unchanged |
| Raymond James Financial Services Advisors, Inc. 0.41% of their portfolio | 5.8m $254.9m | Added +139.8k |
| Allianz Asset Management GmbH 0.46% of their portfolio | 5.7m $248.9m | Added +2.4m |
| Beutel, Goodman & Co Ltd. 1.32% of their portfolio | 5.7m $248.0m | Reduced -26.3k |
| Caisse de depot et placement du Quebec 0.60% of their portfolio | 5.4m $236.6m | Reduced -1.9m |
| Scharf Investments, LLC 6.41% of their portfolio | 5.3m $233.6m | Added +55.6k |
| Morningstar Investment Services LLC 1.28% of their portfolio | 5.1m $227.0m | Added +2.8m |
| Metropolis Capital Ltd 8.20% of their portfolio | 5.0m $221.1m | Added +234.1k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.12% of their portfolio | 4.6m $200.4m | Reduced -850.6k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.41% of their portfolio | 4.5m $198.3m | Reduced -11.0k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.25% of their portfolio | 4.5m $196.5m | Added +46.3k |
| FIRST MANHATTAN CO. LLC. 0.67% of their portfolio | 4.4m $194.1m | Reduced -59.9k |
| BNP PARIBAS FINANCIAL MARKETS 0.35% of their portfolio | 4.4m $193.8m | Reduced -274.9k |
| NATIXIS ADVISORS, LLC 0.50% of their portfolio | 4.4m $191.8m | Added +192.6k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.33% of their portfolio | 4.4m $188.5m | Added +212.8k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.42% of their portfolio | 4.3m $189.8m | Reduced -135.1k |
| Russell Investments Group, Ltd. 0.34% of their portfolio | 4.3m $189.2m | Added +385.5k |
| TRUIST FINANCIAL CORP 0.30% of their portfolio | 4.3m $187.3m | Reduced -328.4k |
| Mirae Asset Global Investments Co., Ltd. 0.38% of their portfolio | 4.2m $185.7m | Reduced -82.1k |
| AQR CAPITAL MANAGEMENT LLC 0.35% of their portfolio | 4.2m $184.0m | Added +2.1m |
| APG Asset Management N.V. 0.32% of their portfolio | 4.1m $164.7m | Reduced -287.4k |
| NATIONAL BANK OF CANADA /FI/ 0.33% of their portfolio | 4.1m $180.8m | Reduced -1.7m |
| Mitsubishi UFJ Trust & Banking Corp 0.43% of their portfolio | 4.1m $181.1m | Added +311.3k |
| Korea Investment CORP 0.48% of their portfolio | 4.1m $181.0m | Added +947.8k |
| MACQUARIE GROUP LTD 0.21% of their portfolio | 4.1m $179.1m | Reduced -7.7m |
| AXA S.A. 0.29% of their portfolio | 4.0m $177.5m | Added +2.9m |
| VONTOBEL ASSET MANAGEMENT INC 1.09% of their portfolio | 4.0m $183.9m | Reduced -2.8m |
| LONDON CO OF VIRGINIA 0.99% of their portfolio | 4.0m $176.6m | Reduced -325.5k |
| FORT WASHINGTON INVESTMENT ADVISORS INC /OH/ 1.22% of their portfolio | 4.0m $175.8m | Reduced -17.8k |
| DekaBank Deutsche Girozentrale 0.36% of their portfolio | 4.0m $174.5m | Added +251.0k |