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 ($507.8m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $35.68. Options: 51 managers hold calls ($1.5bn notional), 45 hold puts ($590.9m).
Trends to Q2 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 |
| Q2 2025 | 2,299 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| 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 |
| Q2 2025 | 980 | 1,223 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2024 | $1.5bn | $912.1m | 0.60 |
| Q4 2024 | $1.3bn | $746.6m | 0.58 |
| Q1 2025 | $1.4bn | $767.9m | 0.54 |
| Q2 2025 | $1.5bn | $590.9m | 0.39 |
Biggest buyers
| Dodge & Cox | Added | +17.1m |
| ROYAL BANK OF CANADA | Added | +13.2m |
| JPMORGAN CHASE & CO | Added | +10.9m |
| FIRST TRUST ADVISORS LP | Added | +5.8m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Added | +5.4m |
| WORLDQUANT MILLENNIUM ADVISORS LLC | Added | +4.2m |
| STATE STREET CORP | Added | +4.2m |
| PRICE T ROWE ASSOCIATES INC /MD/ | Added | +3.9m |
| Qube Research & Technologies Ltd | New | +3.7m |
| Bridgewater Associates, LP | Added | +3.6m |
Biggest sellers
| Capital World Investors | Reduced | -19.0m |
| Capital Research Global Investors | Reduced | -14.9m |
| NORGES BANK | Reduced | -11.1m |
| FMR LLC | Reduced | -9.9m |
| BlackRock, Inc. | Reduced | -7.9m |
| AQR CAPITAL MANAGEMENT LLC | Reduced | -7.4m |
| FRANKLIN RESOURCES INC | Reduced | -5.7m |
| TWO SIGMA ADVISERS, LP | Reduced | -5.0m |
| TWO SIGMA INVESTMENTS, LP | Reduced | -4.4m |
| KBC Group NV | Reduced | -4.1m |
Biggest calls
| Long Focus Capital Management, LLC | Added | $349.5m9.8m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $161.7m4.5m shares |
| JANE STREET GROUP, LLC | Added | $131.8m3.7m shares |
| CITADEL ADVISORS LLC | Added | $116.8m3.3m shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $98.1m2.7m shares |
| Twin Tree Management, LP | Added | $79.5m2.2m shares |
| Balyasny Asset Management L.P. | Added | $78.2m2.2m shares |
| SIMPLEX TRADING, LLC | Added | $64.5m1.8m shares |
| BANK OF AMERICA CORP /DE/ | Reduced | $56.6m1.6m shares |
| Qube Research & Technologies Ltd | Added | $44.8m1.3m shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $145.7m4.1m shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $48.6m1.4m shares |
| CITADEL ADVISORS LLC | Added | $45.1m1.3m shares |
| Weiss Asset Management LP | Not comparable | $37.5m1.1m shares |
| JANE STREET GROUP, LLC | Reduced | $33.2m930.1k shares |
| Qube Research & Technologies Ltd | Reduced | $28.5m798.2k shares |
| SIMPLEX TRADING, LLC | Added | $25.2m705.5k shares |
| CAPITAL FUND MANAGEMENT S.A. | Added | $21.3m597.7k shares |
| PEAK6 LLC | Added | $21.3m595.6k shares |
| IMC-Chicago, LLC | Reduced | $18.0m504.1k 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 Q2 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 |
|---|---|---|---|---|---|
| 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 | — | — |
| Q2 2025 | 0 | — | 0 | — | — |
None reported in Q2 2025.
Holders, Q2 2025
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.21% of their portfolio | 369.4m $13.2bn | Added +1.3m |
| BlackRock, Inc. 0.21% of their portfolio | 302.0m $10.8bn | Reduced -7.9m |
| STATE STREET CORP 0.23% of their portfolio | 172.8m $6.2bn | Added +4.2m |
| Capital World Investors 0.67% of their portfolio | 128.8m $4.6bn | Reduced -19.0m |
| Dodge & Cox 2.23% of their portfolio | 111.3m $4.0bn | Added +17.1m |
| FMR LLC 0.21% of their portfolio | 105.7m $3.8bn | Reduced -9.9m |
| JPMORGAN CHASE & CO 0.26% of their portfolio | 105.2m $3.8bn | Added +10.9m |
| NORGES BANK 0.44% of their portfolio | 98.9m $3.5bn | Reduced -11.1m |
| GEODE CAPITAL MANAGEMENT, LLC 0.22% of their portfolio | 87.0m $3.1bn | Reduced -300.6k |
| MORGAN STANLEY 0.11% of their portfolio | 48.0m $1.7bn | Reduced -1.0m |
| AMERIPRISE FINANCIAL INC 0.39% of their portfolio | 43.9m $1.6bn | Reduced -2.3m |
| EAGLE CAPITAL MANAGEMENT LLC 5.00% of their portfolio | 42.5m $1.5bn | Reduced -233.6k |
| Invesco Ltd. 0.25% of their portfolio | 40.5m $1.4bn | Reduced -22.9k |
| NORTHERN TRUST CORP 0.19% of their portfolio | 38.9m $1.4bn | Reduced -1.5m |
| BANK OF AMERICA CORP /DE/ 0.11% of their portfolio | 38.2m $1.4bn | Added +1.7m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.27% of their portfolio | 37.6m $1.3bn | Added +5.4m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.22% of their portfolio | 36.2m $1.3bn | Added +2.5m |
| First Eagle Investment Management, LLC 2.56% of their portfolio | 35.9m $1.3bn | Added +490.9k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.14% of their portfolio | 35.3m $1.3bn | Added +3.9m |
| DIMENSIONAL FUND ADVISORS LP 0.26% of their portfolio | 31.6m $1.1bn | Reduced -2.0m |
| ROYAL BANK OF CANADA 0.09% of their portfolio | 27.2m $969.1m | Added +13.2m |
| Nuveen, LLC 0.26% of their portfolio | 26.6m $948.4m | Added +1.1m |
| Bank of New York Mellon Corp 0.17% of their portfolio | 25.9m $924.1m | Reduced -1.5m |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.61% of their portfolio | 24.4m $869.1m | Reduced -754.9k |
| Legal & General Group Plc 0.21% of their portfolio | 23.4m $835.8m | Reduced -1.4m |
| Capital Research Global Investors 0.16% of their portfolio | 23.1m $823.5m | Reduced -14.9m |
| GOLDMAN SACHS GROUP INC 0.13% of their portfolio | 21.8m $777.2m | Reduced -2.5m |
| HARRIS ASSOCIATES L P 1.24% of their portfolio | 21.4m $763.8m | Added +807.7k |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 2.43% of their portfolio | 21.0m $747.8m | Added +1.3m |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.23% of their portfolio | 20.4m $728.9m | Reduced -1.1m |
| RAYMOND JAMES FINANCIAL INC 0.24% of their portfolio | 19.6m $700.1m | Reduced -628.4k |
| FRANKLIN RESOURCES INC 0.19% of their portfolio | 19.6m $698.7m | Reduced -5.7m |
| Clearbridge Investments, LLC 0.56% of their portfolio | 19.4m $691.7m | Added +1.5m |
| ALLIANCEBERNSTEIN L.P. 0.21% of their portfolio | 17.9m $637.3m | Reduced -1.2m |
| WELLS FARGO & COMPANY/MN 0.13% of their portfolio | 16.8m $599.9m | Reduced -1.3m |
| Capital International Investors 0.09% of their portfolio | 15.0m $534.0m | Reduced -179.4k |
| BARCLAYS PLC 0.21% of their portfolio | 14.9m $531.6m | Added +613.3k |
| UBS Group AG 0.10% of their portfolio | 13.9m $497.7m | Reduced -732.7k |
| Pacer Advisors, Inc. 1.23% of their portfolio | 13.6m $486.4m | Added +400.2k |
| LSV ASSET MANAGEMENT 1.14% of their portfolio | 13.6m $485.5m | Reduced -338.1k |
| BNP PARIBAS FINANCIAL MARKETS 0.37% of their portfolio | 13.2m $471.4m | Added +1.5m |
| DEUTSCHE BANK AG\ 0.17% of their portfolio | 12.7m $453.0m | Reduced -871.2k |
| Allianz Asset Management GmbH 0.57% of their portfolio | 12.0m $428.4m | Added +643.8k |
| Beutel, Goodman & Co Ltd. 2.43% of their portfolio | 11.9m $426.1m | Reduced -267.2k |
| Swiss National Bank 0.24% of their portfolio | 11.4m $407.5m | Added +651.5k |
| Rothschild & Co Wealth Management UK Ltd 5.95% of their portfolio | 11.2m $400.2m | Added +200.2k |
| Sumitomo Mitsui Trust Group, Inc. 0.25% of their portfolio | 11.2m $398.7m | Added +211.5k |
| First Pacific Advisors, LP 5.66% of their portfolio | 11.1m $395.9m | Added +134.9k |
| FIRST TRUST ADVISORS LP 0.29% of their portfolio | 10.2m $363.6m | Added +5.8m |
| Amundi 0.12% of their portfolio | 9.7m $349.7m | Reduced -2.3m |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.30% of their portfolio | 9.4m $334.5m | Reduced -68.8k |
| National Pension Service 0.27% of their portfolio | 8.7m $311.8m | Added +139.1k |
| Bridgewater Associates, LP 1.25% of their portfolio | 8.7m $310.8m | Added +3.6m |
| HSBC HOLDINGS PLC 0.20% of their portfolio | 8.6m $306.7m | Reduced -1.9m |
| Brandywine Global Investment Management, LLC 2.13% of their portfolio | 8.5m $302.7m | Added +1.1m |
| Wilmington Savings Fund Society, FSB 5.24% of their portfolio | 8.3m $294.6m | Reduced -11.8k |
| California Public Employees Retirement System 0.19% of their portfolio | 8.2m $293.0m | Reduced -405.1k |
| ACADIAN ASSET MANAGEMENT LLC 0.59% of their portfolio | 7.9m $283.6m | Added +352.7k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.21% of their portfolio | 7.5m $266.7m | Added +407.9k |
| Man Group plc 0.57% of their portfolio | 7.4m $265.9m | Added +1.7m |
| BARROW HANLEY MEWHINNEY & STRAUSS LLC 0.89% of their portfolio | 7.4m $263.0m | Reduced -55.7k |
| AQR CAPITAL MANAGEMENT LLC 0.22% of their portfolio | 7.3m $260.5m | Reduced -7.4m |
| VICTORY CAPITAL MANAGEMENT INC 0.16% of their portfolio | 7.1m $255.0m | Added +2.5m |
| NORDEA INVESTMENT MANAGEMENT AB 0.24% of their portfolio | 7.1m $253.8m | Reduced -110.5k |
| RHUMBLINE ADVISERS 0.22% of their portfolio | 7.0m $251.6m | Reduced -155.4k |
| PRINCIPAL FINANCIAL GROUP INC 0.13% of their portfolio | 6.9m $245.2m | Reduced -62.5k |
| CITIGROUP INC 0.17% of their portfolio | 6.7m $240.6m | Reduced -389.6k |
| ENVESTNET ASSET MANAGEMENT INC 0.07% of their portfolio | 6.5m $231.7m | Reduced -658.6k |
| Metropolis Capital Ltd 7.32% of their portfolio | 6.5m $230.7m | Added +252.6k |
| KBC Group NV 0.59% of their portfolio | 6.1m $217.8m | Reduced -4.1m |
| Russell Investments Group, Ltd. 0.28% of their portfolio | 6.1m $217.4m | Added +379.3k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.24% of their portfolio | 6.1m $217.5m | Reduced -8.7k |
| BANK OF MONTREAL /CAN/ 0.11% of their portfolio | 5.9m $211.4m | Reduced -1.5m |
| MEDIATEL PARTNERS 87.51% of their portfolio | 5.8m $207.8m | Unchanged |
| ProShare Advisors LLC 0.41% of their portfolio | 5.7m $204.1m | Added +216.9k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.26% of their portfolio | 5.6m $199.2m | Reduced -143.2k |
| BRANDES INVESTMENT PARTNERS, LP 1.80% of their portfolio | 5.6m $198.9m | Added +50.9k |
| PNC Financial Services Group, Inc. 0.13% of their portfolio | 5.6m $198.9m | Reduced -196.3k |
| MILLENNIUM MANAGEMENT LLC 0.18% of their portfolio | 5.5m $196.6m | Added +3.6m |
| Voyager Global Management LP 7.05% of their portfolio | 5.5m $196.3m | Added +650.0k |
| AMERICAN CENTURY COMPANIES INC 0.11% of their portfolio | 5.5m $195.6m | Added +741.7k |
| VAN ECK ASSOCIATES CORP 0.22% of their portfolio | 5.4m $191.9m | Reduced -117.1k |
| NATIONAL BANK OF CANADA /FI/ 0.20% of their portfolio | 5.2m $186.5m | Added +13.3k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.36% of their portfolio | 5.0m $180.2m | Added +252.9k |
| PRUDENTIAL FINANCIAL INC 0.23% of their portfolio | 5.0m $178.8m | Added +1.1m |
| WORLDQUANT MILLENNIUM ADVISORS LLC 0.89% of their portfolio | 5.0m $178.6m | Added +4.2m |
| Cullen Capital Management, LLC 1.97% of their portfolio | 4.8m $172.7m | Reduced -508.0k |
| Squarepoint Ops LLC 0.36% of their portfolio | 4.6m $162.6m | Added +2.9m |
| CANADA LIFE ASSURANCE Co 0.26% of their portfolio | 4.5m $161.6m | Added +196.5k |
| DAVENPORT & Co LLC 0.86% of their portfolio | 4.4m $156.2m | Added +105.1k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.13% of their portfolio | 4.2m $151.4m | Added +322.8k |
| Point72 Asset Management, L.P. 0.35% of their portfolio | 4.2m $149.5m | Added +146.0k |
| Artisan Partners Limited Partnership 0.22% of their portfolio | 4.1m $145.4m | Reduced -83.0k |
| LPL Financial LLC 0.05% of their portfolio | 4.1m $145.1m | Added +169.4k |
| FORT WASHINGTON INVESTMENT ADVISORS INC /OH/ 0.82% of their portfolio | 4.0m $141.8m | Added +30.6k |
| DekaBank Deutsche Girozentrale 0.25% of their portfolio | 4.0m $139.7m | Reduced -37.9k |
| Janney Montgomery Scott LLC 0.36% of their portfolio | 3.9m $139.6m | Reduced -80.0k |
| TORONTO DOMINION BANK 0.30% of their portfolio | 3.9m $139.6m | Added +950.2k |
| STIFEL FINANCIAL CORP 0.13% of their portfolio | 3.8m $135.5m | Added +313.4k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.23% of their portfolio | 3.7m $132.1m | Reduced -108.5k |