Verizon Communications Inc.
MX ˙ BMV ˙ US92343V1044
SecurityMX:VZ / Verizon Communications Inc.
InstitutionSummit Asset Management, LLC
Latest Disclosed Ownership11,033 shares
Latest Disclosed Value $ 553,857
Summit Asset Management, LLC reports 12.96% decrease in ownership of VZ / Verizon Communications Inc.

On May 8, 2026 - Summit Asset Management, LLC filed a 13F-HR form disclosing ownership of 11,033 shares of Verizon Communications Inc. (MX:VZ) valued at $553,857 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 9, 2026 disclosing 12,676 shares of Verizon Communications Inc.. This represents a change in shares of -12.96% 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)
2026-05-08 2026-03-31 13F VERIZON COMMUNICATIONS COM 92343V104 11,033 -1,643 -12.96 554 7.17 0.0771
2026-02-09 2025-12-31 13F VERIZON COMMUNICATIONS COM 92343V104 12,676 -2,080 -14.10 516 -20.37 0.0731
2025-11-06 2025-09-30 13F VERIZON COMMUNICATIONS COM 92343V104 14,756 70 0.48 649 2.05 0.0997
2025-08-07 2025-06-30 13F VERIZON COMMUNICATIONS COM 92343V104 14,686 378 2.64 635 -2.01 0.1035
2025-05-06 2025-03-31 13F VERIZON COMMUNICATIONS COM 92343V104 14,308 -100 -0.69 649 12.50 0.1123
2025-02-04 2024-12-31 13F VERIZON COMMUNICATIONS COM 92343V104 14,408 185 1.30 576 -9.72 0.1012
2024-11-06 2024-09-30 13F VERIZON COMMUNICATIONS COM 92343V104 14,223 50 0.35 639 9.25 0.1200
2024-08-05 2024-06-30 13F VERIZON COMMUNICATIONS COM 92343V104 14,173 651 4.81 584 3.00 0.1210
2024-05-06 2024-03-31 13F VERIZON COMMUNICATIONS COM 92343V104 13,522 -2,950 -17.91 567 -8.55 0.1217
2024-02-06 2023-12-31 13F VERIZON COMMUNICATIONS COM 92343V104 16,472 55 0.34 621 16.54 0.1486
2023-11-06 2023-09-30 13F VERIZON COMMUNICATIONS COM 92343V104 16,417 267 1.65 532 -11.33 0.1445
2023-08-07 2023-06-30 13F VERIZON COMMUNICATIONS COM 92343V104 16,150 -769 -4.55 601 -8.68 0.1583
2023-05-12 2023-03-31 13F VERIZON COMMUNICATIONS COM 92343V104 16,919 -1,467 -7.98 658 -9.25 0.1811
2023-02-13 2022-12-31 13F VERIZON COMMUNICATIONS COM 92343V104 18,386 2,047 12.53 724 16.77 0.2096
2022-11-07 2022-09-30 13F VERIZON COMMUNICATIONS COM 92343V104 16,339 161 1.00 620 -24.48 0.2004
2022-08-10 2022-06-30 13F VERIZON COMMUNICATIONS COM 92343V104 16,178 62 0.38 821 0.00 0.2541
2022-05-09 2022-03-31 13F VERIZON COMMUNICATIONS COM 92343V104 16,116 731 4.75 821 2.75 0.2357
2022-02-11 2021-12-31 13F VERIZON COMMUNICATIONS COM 92343V104 15,385 1,321 9.39 799 5.13 0.2266
2021-11-08 2021-09-30 13F VERIZON COMMUNICATIONS COM 92343V104 14,064 360 2.63 760 -1.04 0.2381
2021-08-06 2021-06-30 13F VERIZON COMMUNICATIONS COM 92343V104 13,704 -91 -0.66 768 -4.24 0.2414
2021-05-07 2021-03-31 13F VERIZON COMMUNICATIONS COM 92343V104 13,795 -571 -3.97 802 -4.98 0.2724
2021-02-09 2020-12-31 13F VERIZON COMMUNICATIONS COM 92343V104 14,366 231 1.63 844 0.36 0.3081
2020-11-06 2020-09-30 13F VERIZON COMMUNICATIONS COM 92343V104 14,135 2,051 16.97 841 26.28 0.3485
2020-08-07 2020-06-30 13F VERIZON COMMUNICATIONS COM 92343V104 12,084 77 0.64 666 3.26 0.3032
2020-05-08 2020-03-31 13F VERIZON COMMUNICATIONS COM 92343V104 12,007 147 1.24 645 -11.40 0.3477
2020-02-07 2019-12-31 13F VERIZON COMMUNICATIONS COM 92343V104 11,860 -364 -2.98 728 -1.36 0.3105
2019-11-06 2019-09-30 13F VERIZON COMMUNICATIONS COM 92343V104 12,224 -632 -4.92 738 0.54 0.3437
2019-08-07 2019-06-30 13F VERIZON COMMUNICATIONS COM 92343V104 12,856 545 4.43 734 0.82 0.3480
2019-05-07 2019-03-31 13F VERIZON COMMUNICATIONS COM 92343V104 12,311 -141 -1.13 728 4.00 0.3584
2019-02-07 2018-12-31 13F VERIZON COMMUNICATIONS COM 92343V104 12,452 515 4.31 700 9.89 0.3962
2018-11-06 2018-09-30 13F VERIZON COMMUNICATIONS COM 92343V104 11,937 26 0.22 637 6.34 0.2952
2018-08-07 2018-06-30 13F VERIZON COMMUNICATIONS COM 92343V104 11,911 27 0.23 599 5.46 0.2861
2018-05-07 2018-03-31 13F VERIZON COMMUNICATIONS COM 92343V104 11,884 2,386 25.12 568 12.92 0.2714
2018-02-06 2017-12-31 13F VERIZON COMMUNICATIONS COM 92343V104 9,498 0 0.00 503 7.02 0.2411
2017-11-09 2017-09-30 13F VERIZON COMMUNICATIONS COM 92343V104 9,498 -236 -2.42 470 8.05 0.2356
2017-08-07 2017-06-30 13F VERIZON COMMUNICATIONS COM 92343V104 9,734 126 1.31 435 -7.05 0.2305
2017-05-08 2017-03-31 13F VERIZON COMMUNICATIONS COM 92343V104 9,608 -238 -2.42 468 -11.03 0.2707
2017-02-06 2016-12-31 13F VERIZON COMMUNICATIONS COM 92343V104 9,846 105 1.08 526 3.95 0.3287
2016-11-07 2016-09-30 13F VERIZON COMMUNICATIONS COM 92343V104 9,741 2,073 27.03 506 18.22 0.3108
2016-08-08 2016-06-30 13F VERIZON COMMUNICATIONS COM 92343V104 7,668 35 0.46 428 3.63 0.2725
2016-05-05 2016-03-31 13F VERIZON COMMUNICATIONS COM 92343V104 7,633 -125 -1.61 413 15.04 0.2702
2016-02-03 2015-12-31 13F VERIZON COMMUNICATIONS COM 92343V104 7,758 -1,008 -11.50 359 -5.77 0.2435
2015-11-04 2015-09-30 13F VERIZON COMMUNICATIONS COM 92343V104 8,766 414 4.96 381 -2.06 0.2729
2015-08-04 2015-06-30 13F VERIZON COMMUNICATIONS COM 92343V104 8,352 6 0.07 389 -4.19 0.2662
2015-05-05 2015-03-31 13F VERIZON COMMUNICATIONS COM 92343V104 8,346 663 8.63 406 13.09 0.2828
2015-02-06 2014-12-31 13F VERIZON COMMUNICATIONS COM 92343V104 7,683 6 0.08 359 -6.51 0.2596
2014-11-05 2014-09-30 13F VERIZON COMMUNICATIONS COM 92343V104 7,677 766 11.08 384 13.61 0.2936
2014-08-07 2014-06-30 13F VERIZON COMMUNICATIONS COM 92343V104 6,911 -114 -1.62 338 1.20 0.2601
2014-05-06 2014-03-31 13F VERIZON COMMUNICATIONS COM 92343V104 7,025 6 0.09 334 -3.19 0.2674
2014-02-05 2013-12-31 13F VERIZON COMMUNICATIONS COM 92343V104 7,019 5 0.07 345 5.50 0.2726
2013-11-06 2013-09-30 13F VERIZON COMMUNICATIONS COM 92343V104 7,014 5 0.07 327 -7.37 0.2899
2013-08-09 2013-06-30 13F VERIZON COMMUNICATIONS COM 92343V104 7,009 7,009 353 0.3414
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.