Verizon Communications Inc.
MX ˙ BMV ˙ US92343V1044
SecurityMX:VZ / Verizon Communications Inc.
InstitutionMeritage Portfolio Management
Latest Disclosed Ownership7,190 shares
Latest Disclosed Value $ 292,831
Meritage Portfolio Management reports 90.94% decrease in ownership of VZ / Verizon Communications Inc.

On January 27, 2026 - Meritage Portfolio Management filed a 13F-HR form disclosing ownership of 7,190 shares of Verizon Communications Inc. (MX:VZ) valued at $292,831 USD as of December 31, 2025. The entity filed a previous 13F-HR on October 28, 2025 disclosing 79,358 shares of Verizon Communications Inc.. This represents a change in shares of -90.94% 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)
2026-01-27 2025-12-31 13F VERIZON COMMUNICATIONS COMMON 92343V104 7,190 -72,168 -90.94 293 -91.63 0.0194
2025-10-28 2025-09-30 13F VERIZON COMMUNICATIONS COMMON 92343V104 79,358 -926 -1.15 3,488 0.40 0.2323
2025-07-25 2025-06-30 13F VERIZON COMMUNICATIONS COMMON 92343V104 80,284 72,915 989.48 3,474 939.82 0.2199
2025-04-28 2025-03-31 13F VERIZON COMMUNICATIONS COMMON 92343V104 7,369 -1,050 -12.47 334 -0.60 0.0222
2025-01-27 2024-12-31 13F VERIZON COMMUNICATIONS COMMON 92343V104 8,419 741 9.65 337 0.0209
2024-11-04 2024-09-30 13F VERIZON COMMUNICATIONS COMMON 92343V104 7,678 27 0.35 0 0.0211
2024-08-09 2024-06-30 13F VERIZON COMMUNICATIONS COMMON 92343V104 7,651 18 0.24 0 0.0199
2024-04-29 2024-03-31 13F VERIZON COMMUNICATIONS COMMON 92343V104 7,633 16 0.21 0 0.0204
2024-02-02 2023-12-31 13F VERIZON COMMUNICATIONS COMMON 92343V104 7,617 7,617 0 0.0189
2023-07-31 2023-06-30 13F VERIZON COMMUNICATIONS COMMON 92343V104 0 -5,546 -100.00 0 0.0000
2023-04-25 2023-03-31 13F VERIZON COMMUNICATIONS COMMON 92343V104 5,546 -596 -9.70 0 0.0162
2023-02-01 2022-12-31 13F VERIZON COMMUNICATIONS COMMON 92343V104 6,142 -62,187 -91.01 0 -100.00 0.0189
2022-10-25 2022-09-30 13F VERIZON COMMUNICATIONS COMMON 92343V104 68,329 3,278 5.04 2,594 -21.42 0.2149
2022-07-25 2022-06-30 13F VERIZON COMMUNICATIONS COMMON 92343V104 65,051 445 0.69 3,301 0.30 0.2561
2022-04-25 2022-03-31 13F VERIZON COMMUNICATIONS COMMON 92343V104 64,606 -75,862 -54.01 3,291 -54.91 0.2037
2022-01-28 2021-12-31 13F VERIZON COMMUNICATIONS COMMON 92343V104 140,468 -5,773 -3.95 7,299 -7.58 0.4139
2021-10-26 2021-09-30 13F VERIZON COMMUNICATIONS COMMON 92343V104 146,241 -93 -0.06 7,898 -3.67 0.4739
2021-07-26 2021-06-30 13F VERIZON COMMUNICATIONS COMMON 92343V104 146,334 3,159 2.21 8,199 -1.53 0.4942
2021-04-27 2021-03-31 13F VERIZON COMMUNICATIONS COMMON 92343V104 143,175 7,825 5.78 8,326 4.70 0.5548
2021-02-03 2020-12-31 13F VERIZON COMMUNICATIONS COMMON 92343V104 135,350 2,709 2.04 7,952 0.77 0.5841
2020-10-26 2020-09-30 13F VERIZON COMMUNICATIONS COMMON 92343V104 132,641 -6,905 -4.95 7,891 2.57 0.7054
2020-07-27 2020-06-30 13F VERIZON COMMUNICATIONS COMMON 92343V104 139,546 -11,404 -7.55 7,693 -5.15 0.7395
2020-04-27 2020-03-31 13F VERIZON COMMUNICATIONS COMMON 92343V104 150,950 -2,868 -1.86 8,111 -14.11 1.1011
2020-01-27 2019-12-31 13F VERIZON COMMUNICATIONS COMMON 92343V104 153,818 354 0.23 9,444 1.95 0.8306
2019-10-25 2019-09-30 13F VERIZON COMMUNICATIONS COMMON 92343V104 153,464 9,916 6.91 9,263 12.95 0.8789
2019-07-30 2019-06-30 13F VERIZON COMMUNICATIONS COMMON 92343V104 143,548 89,735 166.75 8,201 157.73 0.8352
2019-04-25 2019-03-31 13F VERIZON COMMUNICATIONS COMMON 92343V104 53,813 -39,654 -42.43 3,182 -39.45 0.3225
2019-01-25 2018-12-31 13F VERIZON COMMUNICATIONS COMMON 92343V104 93,467 -1,285 -1.36 5,255 3.87 0.5996
2018-10-30 2018-09-30 13F VERIZON COMMUNICATIONS COMMON 92343V104 94,752 -928 -0.97 5,059 5.09 0.4634
2018-07-25 2018-06-30 13F VERIZON COMMUNICATIONS COMMON 92343V104 95,680 -8,616 -8.26 4,814 -3.47 0.4687
2018-04-26 2018-03-31 13F VERIZON COMMUNICATIONS COMMON 92343V104 104,296 1,163 1.13 4,987 -8.65 0.4816
2018-01-29 2017-12-31 13F VERIZON COMMUNICATIONS COMMON 92343V104 103,133 21,607 26.50 5,459 35.29 0.5230
2017-10-16 2017-09-30 13F VERIZON COMMUNICATIONS COMMON 92343V104 81,526 -1,576 -1.90 4,035 8.70 0.3957
2017-07-25 2017-06-30 13F VERIZON COMMUNICATIONS COMMON 92343V104 83,102 -37,252 -30.95 3,712 -36.73 0.3817
2017-04-25 2017-03-31 13F VERIZON COMMUNICATIONS COMMON 92343V104 120,354 -7,671 -5.99 5,867 -14.15 0.6153
2017-01-24 2016-12-31 13F VERIZON COMMUNICATIONS COMMON 92343V104 128,025 -2,079 -1.60 6,834 1.05 0.7462
2016-11-08 2016-09-30 13F VERIZON COMMUNICATIONS COMMON 92343V104 130,104 446 0.34 6,763 -6.59 0.7420
2016-07-20 2016-06-30 13F VERIZON COMMUNICATIONS COMMON 92343V104 129,658 -5,642 -4.17 7,240 -1.05 0.8138
2016-04-21 2016-03-31 13F VERIZON COMMUNICATIONS COMMON 92343V104 135,300 1,137 0.85 7,317 18.00 0.8275
2016-02-03 2015-12-31 13F VERIZON COMMUNICATIONS COMMON 92343V104 134,163 -10,096 -7.00 6,201 -1.21 0.6977
2015-10-21 2015-09-30 13F VERIZON COMMUNICATIONS COMMON 92343V104 144,259 29,248 25.43 6,277 17.09 0.7277
2015-07-22 2015-06-30 13F VERIZON COMMUNICATIONS COMMON 92343V104 115,011 2,119 1.88 5,361 -2.35 0.5624
2015-04-28 2015-03-31 13F VERIZON COMMUNICATIONS COMMON 92343V104 112,892 112,892 0.00 5,490 0.5512
2015-01-29 2014-12-31 13F VERIZON COMMUNICATIONS COMMON 92343V104 0 -102,035 -100.00 0 -100.00
2014-10-28 2014-09-30 13F VERIZON COMMUNICATIONS COMMON 92343V104 102,035 1,734 1.73 5,101 3.93 0.5809
2014-07-28 2014-06-30 13F VERIZON COMMUNICATIONS COMMON 92343V104 100,301 58,696 141.08 4,908 148.00 0.5344
2014-04-29 2014-03-31 13F VERIZON COMMUNICATIONS COMMON 92343V104 41,605 41,605 1,979 0.2373
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.