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 ($309.8m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $36.88. Options: 56 managers hold calls ($1.4bn notional), 51 hold puts ($767.9m).
Trends to Q1 2025
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 |
| Q1 2025 | 2,364 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| 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 |
| Q1 2025 | 1,013 | 1,286 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2024 | $1.3bn | $731.1m | 0.58 |
| Q3 2024 | $1.5bn | $912.1m | 0.60 |
| Q4 2024 | $1.3bn | $746.6m | 0.58 |
| Q1 2025 | $1.4bn | $767.9m | 0.54 |
Biggest buyers
| Dodge & Cox | Added | +15.1m |
| Pacer Advisors, Inc. | Added | +12.6m |
| JPMORGAN CHASE & CO | Added | +12.4m |
| EAGLE CAPITAL MANAGEMENT LLC | Added | +11.9m |
| KBC Group NV | Added | +8.9m |
| BlackRock, Inc. | Added | +8.4m |
| NORGES BANK | Added | +7.8m |
| Capital World Investors | Added | +6.2m |
| TWO SIGMA ADVISERS, LP | Added | +5.6m |
| ACADIAN ASSET MANAGEMENT LLC | Added | +4.1m |
Biggest sellers
| Capital International Investors | Reduced | -25.6m |
| VIKING GLOBAL INVESTORS LP | Sold out | -19.8m |
| WELLS FARGO & COMPANY/MN | Reduced | -18.2m |
| PRICE T ROWE ASSOCIATES INC /MD/ | Reduced | -12.4m |
| Amundi | Reduced | -12.1m |
| BANK OF AMERICA CORP /DE/ | Reduced | -10.6m |
| BARROW HANLEY MEWHINNEY & STRAUSS LLC | Reduced | -10.5m |
| ONTARIO TEACHERS PENSION PLAN BOARD | Sold out | -9.0m |
| MORGAN STANLEY | Reduced | -6.4m |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | Reduced | -4.8m |
Biggest calls
| Long Focus Capital Management, LLC | Reduced | $258.8m7.0m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $210.1m5.7m shares |
| JANE STREET GROUP, LLC | Added | $124.0m3.4m shares |
| MILLENNIUM MANAGEMENT LLC | Added | $120.3m3.3m shares |
| CITADEL ADVISORS LLC | Added | $116.5m3.2m shares |
| BANK OF AMERICA CORP /DE/ | Added | $93.4m2.5m shares |
| PUBLIC INVESTMENT FUND | New | $64.8m1.8m shares |
| SIMPLEX TRADING, LLC | Added | $61.4m1.7m shares |
| Walleye Trading LLC | Added | $51.0m1.4m shares |
| Twin Tree Management, LP | New | $38.4m1.0m shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $91.9m2.5m shares |
| MILLENNIUM MANAGEMENT LLC | Added | $84.5m2.3m shares |
| JANE STREET GROUP, LLC | Reduced | $65.3m1.8m shares |
| BNP PARIBAS FINANCIAL MARKETS | First filing | $56.6m15.3k shares |
| BANK OF AMERICA CORP /DE/ | Added | $46.3m1.3m shares |
| IMC-Chicago, LLC | Added | $46.1m1.2m shares |
| CITADEL ADVISORS LLC | Reduced | $43.0m1.2m shares |
| Qube Research & Technologies Ltd | Reduced | $35.2m955.1k shares |
| Hudson Bay Capital Management LP | New | $29.6m802.1k shares |
| UBS Group AG | Reduced | $20.9m565.1k 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 Q1 2025
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 |
|---|---|---|---|---|---|
| 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 | — |
| Q1 2025 | 0 | — | 0 | — | — |
None reported in Q1 2025.
Holders, Q1 2025
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.25% of their portfolio | 368.2m $13.6bn | Reduced -1.4m |
| BlackRock, Inc. 0.24% of their portfolio | 309.9m $11.4bn | Added +8.4m |
| STATE STREET CORP 0.26% of their portfolio | 168.5m $6.2bn | Added +805.9k |
| Capital World Investors 0.88% of their portfolio | 147.9m $5.5bn | Added +6.2m |
| FMR LLC 0.27% of their portfolio | 115.6m $4.3bn | Reduced -1.4m |
| NORGES BANK 0.57% of their portfolio | 110.0m $4.1bn | Added +7.8m |
| JPMORGAN CHASE & CO 0.26% of their portfolio | 94.3m $3.5bn | Added +12.4m |
| Dodge & Cox 1.98% of their portfolio | 94.2m $3.5bn | Added +15.1m |
| GEODE CAPITAL MANAGEMENT, LLC 0.25% of their portfolio | 87.3m $3.2bn | Added +1.5m |
| MORGAN STANLEY 0.13% of their portfolio | 49.0m $1.8bn | Reduced -6.4m |
| AMERIPRISE FINANCIAL INC 0.46% of their portfolio | 46.2m $1.7bn | Reduced -4.1m |
| EAGLE CAPITAL MANAGEMENT LLC 5.76% of their portfolio | 42.8m $1.6bn | Added +11.9m |
| Invesco Ltd. 0.28% of their portfolio | 40.5m $1.5bn | Reduced -4.7m |
| NORTHERN TRUST CORP 0.22% of their portfolio | 40.4m $1.5bn | Reduced -2.1m |
| Capital Research Global Investors 0.30% of their portfolio | 37.9m $1.4bn | Added +2.4m |
| BANK OF AMERICA CORP /DE/ 0.12% of their portfolio | 36.5m $1.3bn | Reduced -10.6m |
| First Eagle Investment Management, LLC 2.76% of their portfolio | 35.4m $1.3bn | Added +1.3m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.23% of their portfolio | 33.6m $1.2bn | Added +926.7k |
| DIMENSIONAL FUND ADVISORS LP 0.31% of their portfolio | 33.6m $1.2bn | Reduced -949.5k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.30% of their portfolio | 32.2m $1.2bn | Reduced -3.2m |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.14% of their portfolio | 31.4m $1.2bn | Reduced -12.4m |
| Bank of New York Mellon Corp 0.20% of their portfolio | 27.4m $1.0bn | Reduced -691.7k |
| Nuveen, LLC 0.29% of their portfolio | 25.5m $940.0m | First filing |
| FRANKLIN RESOURCES INC 0.27% of their portfolio | 25.2m $931.0m | Added +504.5k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.75% of their portfolio | 25.1m $926.4m | Added +704.9k |
| Legal & General Group Plc 0.25% of their portfolio | 24.8m $914.1m | Added +323.3k |
| GOLDMAN SACHS GROUP INC 0.17% of their portfolio | 24.3m $895.0m | Reduced -1.1m |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.26% of their portfolio | 21.5m $794.9m | Reduced -4.8m |
| HARRIS ASSOCIATES L P 1.28% of their portfolio | 20.6m $759.9m | Added +111.7k |
| RAYMOND JAMES FINANCIAL INC 0.28% of their portfolio | 20.2m $747.0m | Added +427.7k |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 2.42% of their portfolio | 19.7m $725.2m | Added +3.7m |
| ALLIANCEBERNSTEIN L.P. 0.25% of their portfolio | 19.0m $702.3m | Added +402.0k |
| WELLS FARGO & COMPANY/MN 0.16% of their portfolio | 18.1m $668.9m | Reduced -18.2m |
| Clearbridge Investments, LLC 0.57% of their portfolio | 17.8m $658.1m | Reduced -2.3m |
| Capital International Investors 0.11% of their portfolio | 15.1m $558.7m | Reduced -25.6m |
| AQR CAPITAL MANAGEMENT LLC 0.55% of their portfolio | 14.7m $538.2m | Added +2.3m |
| UBS Group AG 0.12% of their portfolio | 14.7m $541.6m | Added +669.6k |
| BARCLAYS PLC 0.24% of their portfolio | 14.3m $527.0m | Added +3.6m |
| LSV ASSET MANAGEMENT 1.23% of their portfolio | 13.9m $514.4m | Reduced -394.3k |
| ROYAL BANK OF CANADA 0.11% of their portfolio | 13.9m $513.8m | Added +619.9k |
| DEUTSCHE BANK AG\ 0.20% of their portfolio | 13.6m $500.5m | Added +155.2k |
| Pacer Advisors, Inc. 1.16% of their portfolio | 13.2m $488.1m | Added +12.6m |
| Beutel, Goodman & Co Ltd. 2.60% of their portfolio | 12.2m $450.4m | Added +1.2m |
| Amundi 0.16% of their portfolio | 12.0m $431.5m | Reduced -12.1m |
| BNP PARIBAS FINANCIAL MARKETS 0.33% of their portfolio | 11.7m $431.4m | First filing |
| Allianz Asset Management GmbH 0.62% of their portfolio | 11.4m $419.1m | Reduced -345.2k |
| Rothschild & Co Wealth Management UK Ltd 6.84% of their portfolio | 11.0m $406.4m | Added +70.6k |
| Sumitomo Mitsui Trust Group, Inc. 0.29% of their portfolio | 11.0m $404.4m | Added +140.1k |
| First Pacific Advisors, LP 6.48% of their portfolio | 11.0m $404.3m | Added +88.2k |
| Swiss National Bank 0.28% of their portfolio | 10.8m $397.3m | Reduced -147.4k |
| HSBC HOLDINGS PLC 0.26% of their portfolio | 10.6m $388.6m | Reduced -465.3k |
| KBC Group NV 1.16% of their portfolio | 10.2m $374.9m | Added +8.9m |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.33% of their portfolio | 9.4m $348.4m | Added +4.1m |
| California Public Employees Retirement System 0.22% of their portfolio | 8.6m $317.9m | Reduced -1.0m |
| National Pension Service 0.30% of their portfolio | 8.6m $317.2m | Added +364.7k |
| Wilmington Savings Fund Society, FSB 5.70% of their portfolio | 8.3m $305.0m | Reduced -15.3k |
| ACADIAN ASSET MANAGEMENT LLC 0.79% of their portfolio | 7.6m $280.2m | Added +4.1m |
| BANK OF MONTREAL /CAN/ 0.15% of their portfolio | 7.4m $274.5m | Reduced -338.3k |
| Brandywine Global Investment Management, LLC 1.98% of their portfolio | 7.4m $274.1m | Added +1.1m |
| BARROW HANLEY MEWHINNEY & STRAUSS LLC 0.99% of their portfolio | 7.4m $273.9m | Reduced -10.5m |
| NORDEA INVESTMENT MANAGEMENT AB 0.28% of their portfolio | 7.2m $264.2m | Reduced -834.8k |
| RHUMBLINE ADVISERS 0.25% of their portfolio | 7.2m $265.9m | Reduced -235.3k |
| ENVESTNET ASSET MANAGEMENT INC 0.09% of their portfolio | 7.2m $263.9m | Reduced -332.9k |
| CITIGROUP INC 0.20% of their portfolio | 7.1m $263.1m | Reduced -438.7k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.24% of their portfolio | 7.1m $260.7m | Added +538.9k |
| PRINCIPAL FINANCIAL GROUP INC 0.14% of their portfolio | 6.9m $255.9m | Reduced -65.4k |
| Metropolis Capital Ltd 8.51% of their portfolio | 6.2m $229.2m | Reduced -1.8m |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.28% of their portfolio | 6.1m $225.2m | Reduced -76.5k |
| TWO SIGMA ADVISERS, LP 0.50% of their portfolio | 6.1m $223.7m | Added +5.6m |
| MEDIATEL PARTNERS 88.15% of their portfolio | 5.8m $214.9m | Unchanged |
| PNC Financial Services Group, Inc. 0.11% of their portfolio | 5.8m $212.8m | Reduced -107.2k |
| Man Group plc 0.63% of their portfolio | 5.7m $211.3m | Added +3.4m |
| NEW YORK STATE COMMON RETIREMENT FUND 0.31% of their portfolio | 5.7m $211.2m | Reduced -181.5k |
| Russell Investments Group, Ltd. 0.29% of their portfolio | 5.7m $210.8m | Added +21.4k |
| BRANDES INVESTMENT PARTNERS, LP 2.07% of their portfolio | 5.5m $203.8m | Added +496.6k |
| ProShare Advisors LLC 0.46% of their portfolio | 5.5m $203.0m | Added +609.9k |
| VAN ECK ASSOCIATES CORP 0.26% of their portfolio | 5.5m $202.8m | Added +2.9k |
| Cullen Capital Management, LLC 2.28% of their portfolio | 5.3m $197.3m | Added +406.7k |
| NATIONAL BANK OF CANADA /FI/ 0.23% of their portfolio | 5.2m $192.3m | Added +2.4m |
| Bridgewater Associates, LP 0.87% of their portfolio | 5.1m $187.7m | Added +2.1m |
| TWO SIGMA INVESTMENTS, LP 0.39% of their portfolio | 4.9m $180.0m | Added +3.7m |
| Voyager Global Management LP 7.98% of their portfolio | 4.8m $179.0m | Reduced -2.5m |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.39% of their portfolio | 4.8m $177.0m | Reduced -88.5k |
| AMERICAN CENTURY COMPANIES INC 0.11% of their portfolio | 4.7m $174.9m | Added +608.2k |
| VICTORY CAPITAL MANAGEMENT INC 0.17% of their portfolio | 4.6m $169.7m | Reduced -116.8k |
| FIRST TRUST ADVISORS LP 0.14% of their portfolio | 4.4m $161.2m | Added +540.9k |
| CANADA LIFE ASSURANCE Co 0.28% of their portfolio | 4.3m $160.0m | Added +21.8k |
| DAVENPORT & Co LLC 0.93% of their portfolio | 4.3m $157.8m | Added +1.3m |
| Artisan Partners Limited Partnership 0.25% of their portfolio | 4.2m $153.3m | Added +802.0k |
| Point72 Asset Management, L.P. 0.42% of their portfolio | 4.0m $149.2m | Added +2.0m |
| DekaBank Deutsche Girozentrale 0.28% of their portfolio | 4.0m $143.3m | Added +37.9k |
| Janney Montgomery Scott LLC 0.42% of their portfolio | 4.0m $147.3m | Added +131.7k |
| APG Asset Management N.V. 0.42% of their portfolio | 3.9m $134.7m | Added +151.7k |
| FORT WASHINGTON INVESTMENT ADVISORS INC /OH/ 0.89% of their portfolio | 3.9m $145.5m | Reduced -10.1k |
| Mitsubishi UFJ Trust & Banking Corp 0.38% of their portfolio | 3.9m $145.2m | Added +247.6k |
| PRUDENTIAL FINANCIAL INC 0.21% of their portfolio | 3.9m $144.9m | Added +147.3k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.14% of their portfolio | 3.9m $144.6m | Added +1.1m |
| LPL Financial LLC 0.06% of their portfolio | 3.9m $143.7m | Added +457.1k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.28% of their portfolio | 3.8m $140.5m | Added +98.8k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.27% of their portfolio | 3.7m $137.8m | Reduced -112.6k |