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 ($405.6m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $37.52. Options: 55 managers hold calls ($1.3bn notional), 44 hold puts ($746.6m).
Trends to Q4 2024
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 |
| Q1 2024 | 2,444 |
| Q2 2024 | 2,351 |
| Q3 2024 | 2,375 |
| Q4 2024 | 2,460 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q1 2023 | 1,118 | 955 |
| Q2 2023 | 1,009 | 1,070 |
| Q3 2023 | 1,079 | 1,044 |
| Q4 2023 | 990 | 1,182 |
| Q1 2024 | 1,099 | 1,186 |
| Q2 2024 | 992 | 1,303 |
| Q3 2024 | 999 | 1,199 |
| Q4 2024 | 898 | 1,295 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2024 | $1.3bn | $1.1bn | 0.90 |
| Q2 2024 | $1.3bn | $731.1m | 0.58 |
| Q3 2024 | $1.5bn | $912.1m | 0.60 |
| Q4 2024 | $1.3bn | $746.6m | 0.58 |
Biggest buyers
| NORGES BANK | Added | +20.2m |
| VIKING GLOBAL INVESTORS LP | Added | +16.7m |
| Amundi | Added | +14.4m |
| EAGLE CAPITAL MANAGEMENT LLC | Added | +12.3m |
| Capital World Investors | Added | +11.3m |
| AMERIPRISE FINANCIAL INC | Added | +5.4m |
| Dodge & Cox | Added | +5.0m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Added | +5.0m |
| NORTHERN TRUST CORP | Added | +4.8m |
| Invesco Ltd. | Added | +4.7m |
Biggest sellers
| JPMORGAN CHASE & CO | Reduced | -95.5m |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | Reduced | -17.1m |
| BANK OF AMERICA CORP /DE/ | Reduced | -9.2m |
| Darsana Capital Partners LP | Sold out | -8.0m |
| ONTARIO TEACHERS PENSION PLAN BOARD | Reduced | -7.0m |
| Clearbridge Investments, LLC | Reduced | -6.2m |
| Point72 Asset Management, L.P. | Reduced | -5.5m |
| Capital International Investors | Reduced | -4.9m |
| NATIONAL BANK OF CANADA /FI/ | Reduced | -4.8m |
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -4.5m |
Biggest calls
| Long Focus Capital Management, LLC | Added | $387.1m10.3m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $183.4m4.9m shares |
| CITADEL ADVISORS LLC | Reduced | $103.5m2.8m shares |
| JANE STREET GROUP, LLC | Reduced | $103.0m2.7m shares |
| MILLENNIUM MANAGEMENT LLC | Added | $65.2m1.7m shares |
| SIMPLEX TRADING, LLC | Reduced | $36.2m964.5k shares |
| BANK OF AMERICA CORP /DE/ | Reduced | $32.9m876.3k shares |
| BNP PARIBAS FINANCIAL MARKETS | Added | $31.5m8.4k shares |
| UBS Group AG | Unchanged | $29.4m782.6k shares |
| NOMURA HOLDINGS INC | Reduced | $27.9m742.6k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $115.6m3.1m shares |
| JANE STREET GROUP, LLC | Added | $91.5m2.4m shares |
| CITADEL ADVISORS LLC | Reduced | $66.1m1.8m shares |
| MILLENNIUM MANAGEMENT LLC | Added | $53.0m1.4m shares |
| UBS Group AG | Added | $50.2m1.3m shares |
| Qube Research & Technologies Ltd | Reduced | $46.4m1.2m shares |
| CAPSTONE INVESTMENT ADVISORS, LLC | Added | $33.5m893.1k shares |
| NATIONAL BANK OF CANADA /FI/ | New | $28.3m7.5k shares |
| CITIGROUP INC | Reduced | $27.7m738.8k shares |
| SIMPLEX TRADING, LLC | Reduced | $26.6m709.1k 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 2024
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 2023 | 0 | — | 0 | — | — |
| Q2 2023 | 0 | — | 0 | — | — |
| Q3 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 0 | — | 2 | $27.6m | — |
| Q1 2024 | 0 | — | 1 | $5.3m | — |
| Q2 2024 | 0 | — | 0 | — | — |
| Q3 2024 | 0 | — | 0 | — | — |
| Q4 2024 | 0 | — | 4 | $27.4m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-11-27 | ROBERTS BRIAN L Chairman of Board & CEO, director | Sold | $10.1m235.1k shares |
| 2024-11-26 | ROBERTS BRIAN L Chairman of Board & CEO, director | Sold | $10.0m234.5k shares |
| 2024-11-26 | Cavanagh Michael J President | Sold | $4.6m107.6k shares |
| 2024-11-26 | Cavanagh Michael J President | Sold | $1.1m25.5k shares |
| 2024-11-22 | BACON KENNETH J Director | Sold | $625.2k14.4k shares |
| 2024-11-06 | Armstrong Jason CFO | Sold | $1.0m23.2k 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 2024
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.24% of their portfolio | 369.5m $13.9bn | Reduced -1.4m |
| BlackRock, Inc. 0.23% of their portfolio | 301.5m $11.3bn | Reduced -1.0m |
| STATE STREET CORP 0.25% of their portfolio | 167.7m $6.3bn | Added +3.7m |
| Capital World Investors 0.81% of their portfolio | 141.7m $5.3bn | Added +11.3m |
| FMR LLC 0.26% of their portfolio | 116.9m $4.4bn | Reduced -475.4k |
| NORGES BANK 0.50% of their portfolio | 102.2m $3.8bn | Added +20.2m |
| GEODE CAPITAL MANAGEMENT, LLC 0.25% of their portfolio | 85.8m $3.2bn | Added +1.0m |
| JPMORGAN CHASE & CO 0.24% of their portfolio | 81.9m $3.1bn | Reduced -95.5m |
| Dodge & Cox 1.73% of their portfolio | 79.1m $3.0bn | Added +5.0m |
| MORGAN STANLEY 0.15% of their portfolio | 55.4m $2.1bn | Added +241.5k |
| AMERIPRISE FINANCIAL INC 0.49% of their portfolio | 50.3m $1.9bn | Added +5.4m |
| BANK OF AMERICA CORP /DE/ 0.16% of their portfolio | 47.1m $1.8bn | Reduced -9.2m |
| Invesco Ltd. 0.31% of their portfolio | 45.2m $1.7bn | Added +4.7m |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.19% of their portfolio | 43.8m $1.6bn | Reduced -2.2m |
| NORTHERN TRUST CORP 0.23% of their portfolio | 42.5m $1.6bn | Added +4.8m |
| Capital International Investors 0.29% of their portfolio | 40.8m $1.5bn | Reduced -4.9m |
| WELLS FARGO & COMPANY/MN 0.33% of their portfolio | 36.3m $1.4bn | Reduced -2.8m |
| Capital Research Global Investors 0.27% of their portfolio | 35.5m $1.3bn | Reduced -3.2m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.31% of their portfolio | 35.4m $1.3bn | Added +5.0m |
| DIMENSIONAL FUND ADVISORS LP 0.31% of their portfolio | 34.6m $1.3bn | Reduced -375.4k |
| First Eagle Investment Management, LLC 2.87% of their portfolio | 34.1m $1.3bn | Added +2.3m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.23% of their portfolio | 32.7m $1.2bn | Added +838.4k |
| EAGLE CAPITAL MANAGEMENT LLC 4.23% of their portfolio | 30.9m $1.2bn | Added +12.3m |
| Bank of New York Mellon Corp 0.20% of their portfolio | 28.1m $1.1bn | Reduced -1.3m |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.31% of their portfolio | 26.4m $989.1m | Reduced -17.1m |
| Nuveen Asset Management, LLC 0.28% of their portfolio | 26.1m $977.9m | Added +497.8k |
| GOLDMAN SACHS GROUP INC 0.18% of their portfolio | 25.4m $953.0m | Added +2.8m |
| FRANKLIN RESOURCES INC 0.26% of their portfolio | 24.7m $927.9m | Added +158.6k |
| Legal & General Group Plc 0.24% of their portfolio | 24.5m $917.6m | Reduced -248.1k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.73% of their portfolio | 24.4m $915.7m | Reduced -3.3m |
| Amundi 0.31% of their portfolio | 24.1m $895.5m | Added +14.4m |
| HARRIS ASSOCIATES L P 1.01% of their portfolio | 20.5m $768.7m | Reduced -940.0k |
| Clearbridge Investments, LLC 0.61% of their portfolio | 20.1m $755.2m | Reduced -6.2m |
| VIKING GLOBAL INVESTORS LP 2.41% of their portfolio | 19.8m $743.8m | Added +16.7m |
| RAYMOND JAMES FINANCIAL INC 0.27% of their portfolio | 19.8m $743.7m | First filing |
| ALLIANCEBERNSTEIN L.P. 0.24% of their portfolio | 18.6m $699.2m | Reduced -227.0k |
| BARROW HANLEY MEWHINNEY & STRAUSS LLC 2.29% of their portfolio | 17.9m $673.2m | Added +472.7k |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 1.99% of their portfolio | 16.0m $599.0m | Added +1.0m |
| LSV ASSET MANAGEMENT 1.24% of their portfolio | 14.3m $538.0m | Reduced -295.2k |
| UBS Group AG 0.12% of their portfolio | 14.0m $525.7m | Added +746.2k |
| DEUTSCHE BANK AG\ 0.20% of their portfolio | 13.4m $503.3m | Added +478.2k |
| ROYAL BANK OF CANADA 0.11% of their portfolio | 13.3m $499.3m | Reduced -1.9m |
| AQR CAPITAL MANAGEMENT LLC 0.60% of their portfolio | 12.4m $463.8m | Added +2.6m |
| Allianz Asset Management GmbH 0.64% of their portfolio | 11.7m $439.2m | Added +1.7m |
| HSBC HOLDINGS PLC 0.26% of their portfolio | 11.0m $413.1m | Added +1.1m |
| Beutel, Goodman & Co Ltd. 2.24% of their portfolio | 11.0m $411.5m | Added +13.1k |
| Rothschild & Co Wealth Management UK Ltd 7.21% of their portfolio | 10.9m $410.7m | Reduced -56.3k |
| Swiss National Bank 0.27% of their portfolio | 10.9m $409.6m | Reduced -705.2k |
| First Pacific Advisors, LP 5.83% of their portfolio | 10.9m $407.9m | Added +62.8k |
| Sumitomo Mitsui Trust Group, Inc. 0.27% of their portfolio | 10.8m $406.1m | Reduced -63.9k |
| BARCLAYS PLC 0.20% of their portfolio | 10.6m $399.3m | Reduced -3.0m |
| BNP PARIBAS FINANCIAL MARKETS 0.31% of their portfolio | 10.5m $395.0m | Added +625.7k |
| California Public Employees Retirement System 0.24% of their portfolio | 9.6m $361.8m | Reduced -406.4k |
| ONTARIO TEACHERS PENSION PLAN BOARD 4.59% of their portfolio | 9.0m $338.9m | Reduced -7.0m |
| Wilmington Savings Fund Society, FSB 5.59% of their portfolio | 8.3m $310.8m | Added +8.6k |
| National Pension Service 0.29% of their portfolio | 8.2m $308.9m | Reduced -470.2k |
| NORDEA INVESTMENT MANAGEMENT AB 0.32% of their portfolio | 8.1m $301.7m | Reduced -2.1m |
| Metropolis Capital Ltd 10.52% of their portfolio | 8.0m $300.0m | Reduced -447.7k |
| BANK OF MONTREAL /CAN/ 0.15% of their portfolio | 7.8m $291.8m | Reduced -807.5k |
| CITIGROUP INC 0.27% of their portfolio | 7.6m $284.1m | Reduced -893.3k |
| ENVESTNET ASSET MANAGEMENT INC 0.09% of their portfolio | 7.5m $280.9m | Reduced -1.5m |
| RHUMBLINE ADVISERS 0.25% of their portfolio | 7.4m $279.2m | Reduced -110.7k |
| Voyager Global Management LP 10.94% of their portfolio | 7.3m $274.0m | Added +2.7m |
| PRINCIPAL FINANCIAL GROUP INC 0.14% of their portfolio | 7.0m $262.7m | Reduced -1.1m |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.24% of their portfolio | 6.5m $245.8m | Added +426.9k |
| Brandywine Global Investment Management, LLC 1.72% of their portfolio | 6.3m $237.2m | Added +1.6m |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.27% of their portfolio | 6.2m $231.9m | Reduced -251.2k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.30% of their portfolio | 5.9m $221.6m | Reduced -299.7k |
| PNC Financial Services Group, Inc. 0.15% of their portfolio | 5.9m $220.5m | Reduced -143.2k |
| MEDIATEL PARTNERS 90.22% of their portfolio | 5.8m $218.5m | Unchanged |
| Russell Investments Group, Ltd. 0.29% of their portfolio | 5.7m $213.6m | Added +775.8k |
| VAN ECK ASSOCIATES CORP 0.26% of their portfolio | 5.5m $206.1m | Reduced -5.8k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.17% of their portfolio | 5.3m $200.6m | Added +786.1k |
| BRANDES INVESTMENT PARTNERS, LP 2.11% of their portfolio | 5.0m $188.6m | Reduced -160.0k |
| Cullen Capital Management, LLC 2.16% of their portfolio | 4.9m $185.4m | Reduced -195.3k |
| ProShare Advisors LLC 0.42% of their portfolio | 4.9m $183.6m | Added +765.5k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.39% of their portfolio | 4.9m $183.3m | Added +876.9k |
| VICTORY CAPITAL MANAGEMENT INC 0.17% of their portfolio | 4.7m $177.0m | Reduced -80.3k |
| CANADA LIFE ASSURANCE Co 0.28% of their portfolio | 4.3m $161.5m | Reduced -16.9k |
| AMERICAN CENTURY COMPANIES INC 0.09% of their portfolio | 4.1m $155.0m | Added +738.1k |
| DekaBank Deutsche Girozentrale 0.27% of their portfolio | 4.0m $148.4m | Unchanged |
| FORT WASHINGTON INVESTMENT ADVISORS INC /OH/ 0.89% of their portfolio | 4.0m $148.3m | Added +188.9k |
| FIRST MANHATTAN CO. LLC. 0.44% of their portfolio | 3.9m $148.4m | Reduced -477.6k |
| MACQUARIE GROUP LTD 0.18% of their portfolio | 3.9m $147.3m | Reduced -1.2m |
| Janney Montgomery Scott LLC 0.40% of their portfolio | 3.9m $144.9m | Reduced -11.2k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.27% of their portfolio | 3.8m $144.4m | Reduced -171.9k |
| FIRST TRUST ADVISORS LP 0.13% of their portfolio | 3.8m $143.7m | Added +235.3k |
| APG Asset Management N.V. 0.38% of their portfolio | 3.8m $137.4m | Added +3.3m |
| PRUDENTIAL FINANCIAL INC 0.19% of their portfolio | 3.8m $141.9m | Reduced -207.0k |
| CITADEL ADVISORS LLC 0.13% of their portfolio | 3.7m $140.7m | Reduced -2.9m |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.28% of their portfolio | 3.7m $139.2m | First filing |
| Mitsubishi UFJ Trust & Banking Corp 0.33% of their portfolio | 3.7m $138.4m | Added +117.0k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.28% of their portfolio | 3.6m $134.0m | Reduced -207.4k |
| CapitalatWork S.A. 4.37% of their portfolio | 3.6m $133.4m | Reduced -9.3k |
| CREDIT AGRICOLE S A 0.45% of their portfolio | 3.5m $133.0m | Added +2.2m |
| TD Asset Management Inc 0.12% of their portfolio | 3.5m $131.0m | Added +120.1k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.23% of their portfolio | 3.5m $130.2m | Added +77.5k |
| ACADIAN ASSET MANAGEMENT LLC 0.38% of their portfolio | 3.5m $130.1m | Added +3.1m |
| BROWN ADVISORY INC 0.16% of their portfolio | 3.4m $129.2m | Added +80.9k |
| LPL Financial LLC 0.05% of their portfolio | 3.4m $129.0m | Added +188.3k |