Verizon Communications Inc.
MX ˙ BMV ˙ US92343V1044
SecurityMX:VZ / Verizon Communications Inc.
InstitutionGeode Capital Management, Llc
Latest Disclosed Ownership106,208,367 shares
Latest Disclosed Value $ 5,313,151,946
Geode Capital Management, Llc reports 3.48% increase in ownership of VZ / Verizon Communications Inc.

On May 15, 2026 - Geode Capital Management, Llc filed a 13F-HR form disclosing ownership of 106,208,367 shares of Verizon Communications Inc. (MX:VZ) valued at $5,313,151,946 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 9, 2026 disclosing 102,632,509 shares of Verizon Communications Inc.. This represents a change in shares of 3.48% during the quarter.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

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Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2026-05-15 2026-03-31 13F VERIZON COMMUNICATIONS COM 92343V104 106,208,367 3,575,858 3.48 5,313,152 27.47 0.1766
2026-02-09 2025-12-31 13F VERIZON COMMUNICATIONS COM 92343V104 102,632,509 867,694 0.85 4,168,080 -6.50 0.2572
2025-11-12 2025-09-30 13F VERIZON COMMUNICATIONS COM 92343V104 101,764,815 1,438,023 1.43 4,457,894 3.13 0.2844
2025-08-08 2025-06-30 13F VERIZON COMMUNICATIONS COM 92343V104 100,326,792 1,101,504 1.11 4,322,700 -3.66 0.3030
2025-05-13 2025-03-31 13F VERIZON COMMUNICATIONS COM 92343V104 99,225,288 2,402,196 2.48 4,486,912 16.17 0.3527
2025-02-12 2024-12-31 13F VERIZON COMMUNICATIONS COM 92343V104 96,823,092 998,847 1.04 3,862,441 -9.95 0.2993
2024-11-12 2024-09-30 13F VERIZON COMMUNICATIONS COM 92343V104 95,824,245 2,081,241 2.22 4,289,054 11.23 0.3473
2024-08-09 2024-06-30 13F VERIZON COMMUNICATIONS COM 92343V104 93,743,004 2,853,118 3.14 3,855,879 1.37 0.3384
2024-05-13 2024-03-31 13F VERIZON COMMUNICATIONS COM 92343V104 90,889,886 4,603,139 5.33 3,803,625 17.22 0.3518
2024-02-13 2023-12-31 13F VERIZON COMMUNICATIONS COM 92343V104 86,286,747 1,808,616 2.14 3,244,799 18.74 0.3395
2023-11-13 2023-09-30 13F VERIZON COMMUNICATIONS COM 92343V104 84,478,131 2,106,626 2.56 2,732,673 -10.57 0.3255
2023-08-11 2023-06-30 13F VERIZON COMMUNICATIONS COM 92343V104 82,371,505 2,349,112 2.94 3,055,808 -1.61 0.3591
2023-05-15 2023-03-31 13F VERIZON COMMUNICATIONS COM 92343V104 80,022,393 339,775 0.43 3,105,742 98,998.31 0.4033
2023-02-13 2022-12-31 13F VERIZON COMMUNICATIONS COM 92343V104 79,682,618 562,742 0.71 3,134 -99.90 0.4399
2022-11-14 2022-09-30 13F VERIZON COMMUNICATIONS COM 92343V104 79,119,876 1,331,397 1.71 3,001,615 -23.84 0.4553
2022-08-12 2022-06-30 13F VERIZON COMMUNICATIONS COM 92343V104 77,788,479 2,567,166 3.41 3,941,406 3.10 0.5774
2022-05-13 2022-03-31 13F VERIZON COMMUNICATIONS COM 92343V104 75,221,313 2,046,889 2.80 3,822,903 0.80 0.4772
2022-02-11 2021-12-31 13F VERIZON COMMUNICATIONS COM 92343V104 73,174,424 1,776,263 2.49 3,792,626 -1.39 0.4568
2021-11-12 2021-09-30 13F VERIZON COMMUNICATIONS COM 92343V104 71,398,161 2,030,344 2.93 3,846,039 -0.77 0.5178
2021-08-13 2021-06-30 13F VERIZON COMMUNICATIONS COM 92343V104 69,367,817 2,333,084 3.48 3,875,723 -0.30 0.5340
2021-05-12 2021-03-31 13F VERIZON COMMUNICATIONS COM 92343V104 67,034,733 2,373,835 3.67 3,887,473 2.60 0.5946
2021-02-12 2020-12-31 13F VERIZON COMMUNICATIONS COM 92343V104 64,660,898 998,213 1.57 3,789,035 0.25 0.6360
2020-11-13 2020-09-30 13F VERIZON COMMUNICATIONS COM 92343V104 63,662,685 202,106 0.32 3,779,736 8.23 0.7406
2020-08-13 2020-06-30 13F VERIZON COMMUNICATIONS COM 92343V104 63,460,579 -53,149 -0.08 3,492,430 2.52 0.7471
2020-05-14 2020-03-31 13F VERIZON COMMUNICATIONS COM 92343V104 63,513,728 1,027,649 1.64 3,406,555 -11.04 0.8878
2020-02-20 2019-12-31 13F/A-1 VERIZON COMMUNICATIONS COM 92343V104 62,486,079 2,548,889 4.25 3,829,119 5.99 0.8003
2020-02-13 2019-12-31 13F VERIZON COMMUNICATIONS COM 92343V104 62,486,079 2,548,889 3,829,119 487,987.6425
2019-11-12 2019-09-30 13F VERIZON COMMUNICATIONS COM 92343V104 59,937,190 788,240 1.33 3,612,568 7.08 0.8431
2019-08-14 2019-06-30 13F VERIZON COMMUNICATIONS COM 92343V104 59,148,950 1,425,674 2.47 3,373,863 -0.99 0.8164
2019-05-14 2019-03-31 13F VERIZON COMMUNICATIONS COM 92343V104 57,723,276 3,213,280 5.89 3,407,712 11.39 0.8829
2019-03-06 2018-12-31 13F/A-1 VERIZON COMMUNICATIONS COM 92343V104 54,509,996 5,571,185 11.38 3,059,273 17.31 0.9458
2019-02-13 2018-12-31 13F VERIZON COMMUNICATIONS COM 92343V104 54,509,996 5,571,185 3,059,273
2018-11-13 2018-09-30 13F VERIZON COMMUNICATIONS COM 92343V104 48,938,811 1,009,298 2.11 2,607,763 8.37 0.7348
2018-08-14 2018-06-30 13F VERIZON COMMUNICATIONS COM 92343V104 47,929,513 3,681,801 8.32 2,406,387 14.01 0.7398
2018-05-15 2018-03-31 13F VERIZON COMMUNICATIONS COM 92343V104 44,247,712 3,112,271 7.57 2,110,761 -2.84 0.6877
2018-02-13 2017-12-31 13F VERIZON COMMUNICATIONS COM 92343V104 41,135,441 1,282,685 3.22 2,172,530 10.38 0.7378
2017-11-14 2017-09-30 13F VERIZON COMMUNICATIONS COM 92343V104 39,852,756 878,719 2.25 1,968,287 13.28 0.7265
2017-08-14 2017-06-30 13F VERIZON COMMUNICATIONS COM 92343V104 38,974,037 148,033 0.38 1,737,484 -8.07 0.6832
2017-06-21 2017-03-31 13F/A-1 VERIZON COMMUNICATIONS COM COM 92343V104 38,826,004 2,212,306 6.04 1,890,013 -3.18 0.7753
2017-05-12 2017-03-31 13F VERIZON COMMUNICATIONS COM COM 92343V104 38,826,004 1,890,013
2017-02-14 2016-12-31 13F VERIZON COMMUNICATIONS COM COM 92343V104 36,613,698 1,580,949 4.51 1,952,070 7.37 0.9078
2016-11-10 2016-09-30 13F VERIZON COMMUNICATIONS COM COM 92343V104 35,032,749 1,640,073 4.91 1,818,099 -2.33 0.9155
2016-08-12 2016-06-30 13F VERIZON COMMUNICATIONS COM COM 92343V104 33,392,676 46,653 0.14 1,861,388 3.43 1.0123
2016-05-13 2016-03-31 13F VERIZON COMMUNICATIONS COM COM 92343V104 33,346,023 656,483 2.01 1,799,729 19.36 0.9551
2016-02-12 2015-12-31 13F VERIZON COMMUNICATIONS COM COM 92343V104 32,689,540 120,627 0.37 1,507,792 6.61 0.8593
2015-11-13 2015-09-30 13F VERIZON COMMUNICATIONS COM COM 92343V104 32,568,913 139,687 0.43 1,414,317 -6.25 0.8578
2015-08-14 2015-06-30 13F VERIZON COMMUNICATIONS COM COM 92343V104 32,429,226 -289,098 -0.88 1,508,561 -5.04 0.8612
2015-05-14 2015-03-31 13F VERIZON COMMUNICATIONS COM COM 92343V104 32,718,324 1,145,002 3.63 1,588,629 7.70 0.9080
2015-02-12 2014-12-31 13F VERIZON COMMUNICATIONS COM COM 92343V104 31,573,322 1,207,306 3.98 1,475,116 -2.70 0.8776
2014-11-14 2014-09-30 13F VERIZON COMMUNICATIONS COM COM 92343V104 30,366,016 -144,227 -0.47 1,516,064 1.61 0.9827
2014-08-13 2014-06-30 13F VERIZON COMMUNICATIONS COM COM 92343V104 30,510,243 -284,701 -0.92 1,491,982 1.89 0.9646
2014-05-14 2014-03-31 13F VERIZON COMMUNICATIONS COM COM 92343V104 30,794,944 9,667,686 45.76 1,464,295 41.08 0.9822
2014-02-14 2013-12-31 13F VERIZON COMMUNICATIONS COM COM 92343V104 21,127,258 707,336 3.46 1,037,892 8.96 0.7195
2013-11-14 2013-09-30 13F VERIZON COMMUNICATIONS COM COM 92343V104 20,419,922 667,370 3.38 952,560 -4.18 0.7637
2013-08-14 2013-06-30 13F VERIZON COMMUNICATIONS COM COM 92343V104 19,752,552 19,752,552 994,139 0.8740
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.