LUMNNasdaqTelephone Communications (No Radiotelephone)Fiscal year ends December 31
Lumen Technologies, Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 4, 2026
$4.46−0.19 (-4.09%)
Close on Oct 19, 2026
- Market cap
- $4.48B
- P/E (TTM)
- –
- Dividend yield
- –
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
70.7%
729M of 1.03B shares
Institutional holders
622
88 new, 54 sold out
Net institutional buying
20M
In Q2 2026
Insider trades, 12 months
2 buys · 1 sales
Net bought $757.60K
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| Vanguard Portfolio Management | 62,947,164 | 6.11% | 13G (passive) | Mar 31, 2026 |
| Dan Hagan | 55,000,000 | 5.40% | 13G (passive) | Sep 9, 2024 |
| State Street Corporation | 50,570,374 | 5.00% | 13G (passive) amendment | Sep 30, 2024 |
| BlackRock, Inc. | 137,444,704 | 13.60% | 13G (passive) amendment | Mar 31, 2025 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of LUMN | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| BlackRock, Inc. | 142,261,845 | 13.79% | $1.09B | +4,796,141 | 0.02% |
| Vanguard Portfolio Management LLC | 61,471,506 | 5.96% | $472.10M | −648,403 | 0.02% |
| State Street Corp | 48,003,189 | 4.65% | $368.66M | +1,990,860 | 0.01% |
| FMR LLC | 45,326,716 | 4.39% | $348.11M | +13,914,796 | 0.02% |
| Vanguard Capital Management LLC | 42,038,158 | 4.08% | $322.85M | +406,949 | 0.01% |
| Geode Capital Management, LLC | 24,824,381 | 2.41% | $191.09M | +1,956,800 | 0.01% |
| D. E. Shaw & Co., Inc. | 17,493,715 | 1.70% | $134.35M | +2,459,602 | 0.06% |
| Goldman Sachs Group Inc | 16,979,054 | 1.65% | $130.40M | −5,564,891 | 0.01% |
| Charles Schwab Investment Management Inc | 15,969,245 | 1.55% | $122.64M | −1,206,323 | 0.02% |
| Dimensional Fund Advisors LP | 14,609,695 | 1.42% | $112.22M | −384,945 | 0.02% |
| Front Street Capital Management, Inc. | 12,171,321 | 1.18% | $93.48M | New | 10.61% |
| Morgan Stanley | 12,022,512 | 1.17% | $92.33M | +131,825 | 0.00% |
| Norges Bank | 11,331,679 | 1.10% | $87.03M | New | 0.01% |
| Northern Trust Corp | 11,152,073 | 1.08% | $85.65M | +548,581 | 0.01% |
| Bank of New York Mellon Corp | 10,489,367 | 1.02% | $80.56M | +4,886,999 | 0.01% |
| First Trust Advisors LP | 10,142,312 | 0.98% | $77.89M | −2,630,411 | 0.05% |
| Allianz Asset Management GmbH | 10,074,316 | 0.98% | $77.37M | +1,585,083 | 0.07% |
| Invesco Ltd. | 9,819,582 | 0.95% | $75.41M | +663,148 | 0.01% |
| Hsbc Holdings PLC | 9,685,625 | 0.94% | $74.24M | +919,605 | 0.03% |
| Renaissance Technologies LLC | 9,170,870 | 0.89% | $70.43M | −549,697 | 0.10% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 622 | 729M | 70.7% | 88 / 200 | 182 / 54 | 89M | 69M |
| Q1 2026 | 597 | 710M | 68.9% | 88 / 189 | 171 / 75 | 176M | 76M |
| Q4 2025 | 595 | 723M | 70.1% | 116 / 211 | 142 / 57 | 110M | 60M |
| Q3 2025 | 543 | 673M | 65.3% | 80 / 146 | 164 / 79 | 50M | 90M |
| Q2 2025 | 550 | 713M | 69.1% | 80 / 158 | 170 / 60 | 60M | 56M |
| Q1 2025 | 535 | 710M | 68.8% | 74 / 156 | 175 / 81 | 62M | 49M |
| Q4 2024 | 553 | 701M | 67.9% | 117 / 156 | 158 / 64 | 85M | 42M |
| Q3 2024 | 504 | 658M | 63.8% | 125 / 132 | 122 / 64 | 215M | 55M |
| Q2 2024 | 451 | 648M | 62.8% | 51 / 110 | 146 / 75 | 27M | 84M |
| Q1 2024 | 482 | 706M | 68.4% | 63 / 115 | 151 / 67 | 60M | 40M |
| Q4 2023 | 492 | 686M | 66.5% | 83 / 104 | 183 / 86 | 63M | 41M |
| Q3 2023 | 501 | 664M | 64.4% | 50 / 116 | 194 / 95 | 57M | 100M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of LUMN | Value | % of fund | As of |
|---|---|---|---|---|---|
| iShares Core S&P Small-Cap ETF | 47,061,267 | 4.56% | $361.43M | 0.32% | Jun 30, 2026 |
| Vanguard Total Stock Market Index Fund | 29,423,240 | 2.85% | $225.97M | 0.01% | Jun 30, 2026 |
| iShares Russell 2000 ETF | 24,974,016 | 2.42% | $191.80M | 0.23% | Jun 30, 2026 |
| Vanguard Small-Cap Index Fund | 21,273,223 | 2.06% | $163.38M | 0.09% | Jun 30, 2026 |
| Vanguard Small-Cap Growth Index Fund | 12,252,179 | 1.19% | $94.10M | 0.20% | Jun 30, 2026 |
| Fidelity Growth Company Fund | 11,520,204 | 1.12% | $126.61M | 0.13% | May 31, 2026 |
| Vanguard Extended Market Index Fund | 10,871,392 | 1.05% | $83.49M | 0.09% | Jun 30, 2026 |
| Fidelity Small Cap Index Fund | 10,636,136 | 1.03% | $67.86M | 0.20% | Jul 31, 2026 |
| iShares Russell 2000 Value ETF | 9,110,771 | 0.88% | $69.97M | 0.48% | Jun 30, 2026 |
| State Street(R) SPDR(R) Portfolio S&P 600(TM) Small Cap ETF | 8,696,939 | 0.84% | $66.79M | 0.39% | Jun 30, 2026 |
| First Trust Cloud Computing ETF | 8,086,575 | 0.78% | $62.10M | 2.28% | Jun 30, 2026 |
| Invesco S&P SmallCap Momentum ETF | 6,631,935 | 0.64% | $42.31M | 1.39% | Jul 31, 2026 |
| Vanguard Tax-Managed Small-Cap Fund | 6,043,952 | 0.59% | $46.42M | 0.40% | Jun 30, 2026 |
| Schwab Fundamental U.S. Large Company ETF | 5,118,978 | 0.50% | $56.26M | 0.22% | May 31, 2026 |
| Vanguard Russell 2000 Index Fund | 4,902,202 | 0.48% | $53.88M | 0.31% | May 31, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Kathleen E. Johnson | Chief Executive Officer, Director | 12,215,666 | 1.18% | Aug 6, 2026 |
| Donald Leroy Holt | Chief Acctg. Off. & Controller | 164,019 | 0.02% | Sep 24, 2026 |
| James Fowler | EVP, Chief Tech & Product Off. | 1,608,275 | 0.16% | May 18, 2026 |
| Jennifer A. Hodges | EVP, Chief Legal Officer | 188,859 | 0.02% | Apr 22, 2026 |
| Christopher Stansbury | EVP and CFO | 6,698,931 | 0.65% | Mar 3, 2026 |
| Jeffery S. Sharritts | EVP, Chief Revenue Officer | 1,210,981 | 0.12% | Mar 3, 2026 |
| Mark S. Hacker | EVP, CLO & Public Sector | 965,127 | 0.09% | Mar 3, 2026 |
| Ashley Haynes-Gaspar | EVP and Chief Revenue Officer | 1,620,048 | 0.16% | Jan 13, 2026 |
| David D. Ward | EVP, Chief Tech & Prod Officer | 2,085,170 | 0.20% | Mar 4, 2025 |
| Andrea Genschaw | SVP and Controller | 702,262 | 0.07% | Mar 4, 2025 |
| John M. Hinshaw | Director | 27,729 | 0.00% | Aug 6, 2026 |
| Stephen McMillan | Director | 76,591 | 0.01% | May 26, 2026 |
| Quincy L. Allen | Director | 352,764 | 0.03% | May 26, 2026 |
| Michael Collins | Director | 25,692 | 0.00% | May 26, 2026 |
| Kevin P. Chilton | Director | 436,716 | 0.04% | May 26, 2026 |
| Michelle J. Goldberg | Director | 76,591 | 0.01% | May 26, 2026 |
| Christopher C. Capossela | Director | 92,199 | 0.01% | May 26, 2026 |
| Diankha Linear | Director | 223,426 | 0.02% | May 26, 2026 |
| Martha Helena Bejar | Director | 421,144 | 0.04% | May 26, 2026 |
| Hal Jones | Director | 355,506 | 0.03% | May 16, 2025 |
| T. Michael Glenn | Director | 558,074 | 0.05% | May 16, 2025 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Donald Leroy Holt Chief Acctg. Off. & Controller | Sep 23, 2026 | Tax withholding | −2,538 | $6.13 | $15.56K | 164,019 |
| Kathleen E. Johnson Chief Executive Officer, Director | Aug 6, 2026 | Buy | +100,000 | $6.13 | $613.00K | 100,000 |
| John M. Hinshaw Director | Aug 5, 2026 | Award | +27,350 | $6.08 | $166.29K | 27,350 |
| Michelle J. Goldberg Director | May 21, 2026 | Award | +25,197 | $9.44 | $237.86K | 76,591 |
| Christopher C. Capossela Director | May 21, 2026 | Award | +25,197 | $9.44 | $237.86K | 92,199 |
| Martha Helena Bejar Director | May 21, 2026 | Award | +25,197 | $9.44 | $237.86K | 421,144 |
| Diankha Linear Director | May 21, 2026 | Award | +25,197 | $9.44 | $237.86K | 223,426 |
| Michael Collins Director | May 21, 2026 | Award | +25,197 | $9.44 | $237.86K | 25,197 |
| Quincy L. Allen Director | May 21, 2026 | Award | +25,197 | $9.44 | $237.86K | 352,764 |
| Kevin P. Chilton Director | May 21, 2026 | Award | +25,197 | $9.44 | $237.86K | 436,716 |
| Stephen McMillan Director | May 21, 2026 | Award | +25,197 | $9.44 | $237.86K | 76,591 |
| James Fowler EVP, Chief Tech & Product Off. | May 14, 2026 | Tax withholding | −22,922 | $10.34 | $237.01K | 1,608,275 |
| Kathleen E. Johnson Chief Executive Officer, Director | May 7, 2026 | Gift | +241,450 | – | – | 3,606,127 |
| Kathleen E. Johnson Chief Executive Officer, Director | May 7, 2026 | Gift | −241,450 | – | – | 8,509,539 |
| Jennifer A. Hodges EVP, Chief Legal Officer | Apr 20, 2026 | Award | +200,809 | $7.47 | $1.50M | 389,668 |
| Mark S. Hacker EVP, CLO & Public Sector | Mar 1, 2026 | Award | +427,450 | – | – | 965,127 |
| Jeffery S. Sharritts EVP, Chief Revenue Officer | Mar 1, 2026 | Award | +634,699 | – | – | 1,210,981 |
| Christopher Stansbury EVP and CFO | Mar 1, 2026 | Award | +906,713 | – | – | 6,116,931 |
| Christopher Stansbury EVP and CFO | Mar 1, 2026 | Returned to company | −133,002 | – | – | 5,147,850 |
| Christopher Stansbury EVP and CFO | Mar 1, 2026 | Tax withholding | −836,079 | $7.11 | $5.94M | 5,280,852 |
| Kathleen E. Johnson President & CEO, Director | Mar 1, 2026 | Tax withholding | −1,715,571 | $7.11 | $12.20M | 9,003,691 |
| Kathleen E. Johnson President & CEO, Director | Mar 1, 2026 | Returned to company | −252,702 | – | – | 8,750,989 |
| Kathleen E. Johnson President & CEO, Director | Mar 1, 2026 | Award | +2,156,680 | – | – | 10,719,262 |
| James Fowler EVP, Chief Tech & Product Off. | Mar 1, 2026 | Award | +582,887 | – | – | 1,631,197 |
| Donald Leroy Holt Chief Acctg. Off. & Controller | Mar 1, 2026 | Award | +97,147 | – | – | 168,637 |
| Donald Leroy Holt Chief Acctg. Off. & Controller | Mar 1, 2026 | Tax withholding | −2,080 | $7.11 | $14.79K | 166,557 |
| Diankha Linear Director | Feb 20, 2026 | Sale | −45,000 | $7.89 | $355.05K | 198,229 |
| Kathleen E. Johnson President & CEO, Director | Feb 5, 2026 | Buy | +78,685 | $6.35 | $499.65K | 8,562,582 |
| Jeffery S. Sharritts EVP, Chief Revenue Officer | Feb 4, 2026 | Award | +576,282 | – | – | 576,282 |
| Ashley Haynes-Gaspar EVP and Chief Revenue Officer | Jan 9, 2026 | Tax withholding | −30,603 | $7.91 | $242.07K | 1,620,048 |
| James Fowler EVP, Chief Tech & Product Off. | Jan 5, 2026 | Award | +612,860 | – | – | 1,048,310 |
| Kathleen E. Johnson President & CEO, Director | Nov 7, 2025 | Tax withholding | −46,735 | $10.52 | $491.65K | 8,483,897 |
| Donald Leroy Holt Chief Acctg. Off. & Controller | Sep 23, 2025 | Award | +26,482 | – | – | 71,490 |
| Christopher Stansbury EVP and CFO | Aug 15, 2025 | Buy | +11,500 | $4.44 | $51.06K | 23,500 |
| Christopher Stansbury EVP and CFO | Aug 15, 2025 | Buy | +17,000 | $4.44 | $75.48K | 535,000 |
| Christopher Stansbury EVP and CFO | Aug 15, 2025 | Buy | +11,500 | $4.44 | $51.06K | 23,500 |
| Christopher Stansbury EVP and CFO | Aug 14, 2025 | Buy | +12,000 | $4.29 | $51.48K | 12,000 |
| Christopher Stansbury EVP and CFO | Aug 14, 2025 | Buy | +12,000 | $4.29 | $51.48K | 12,000 |
| Christopher Stansbury EVP and CFO | Aug 14, 2025 | Buy | +18,000 | $4.29 | $77.22K | 518,000 |
| Kathleen E. Johnson President & CEO, Director | Aug 14, 2025 | Gift | +1,086,315 | – | – | 3,364,677 |
| Kathleen E. Johnson President & CEO, Director | Aug 14, 2025 | Gift | −1,086,315 | – | – | 8,530,632 |
| Kathleen E. Johnson President & CEO, Director | Aug 5, 2025 | Buy | +135,870 | $3.69 | $501.36K | 9,616,947 |
| Hal Jones Director | May 14, 2025 | Award | +51,394 | – | – | 355,506 |
| Michelle J. Goldberg Director | May 14, 2025 | Award | +51,394 | – | – | 51,394 |
| Christopher C. Capossela Director | May 14, 2025 | Award | +51,394 | – | – | 67,002 |
| Kevin P. Chilton Director | May 14, 2025 | Award | +51,394 | – | – | 411,519 |
| Diankha Linear Director | May 14, 2025 | Award | +51,394 | – | – | 243,229 |
| Stephen McMillan Director | May 14, 2025 | Award | +51,394 | – | – | 51,394 |
| T. Michael Glenn Director | May 14, 2025 | Award | +51,394 | – | – | 480,931 |
| James Fowler Director | May 14, 2025 | Award | +51,394 | – | – | 435,450 |
| Quincy L. Allen Director | May 14, 2025 | Award | +51,394 | – | – | 327,567 |
| Martha Helena Bejar Director | May 14, 2025 | Award | +51,394 | – | – | 395,947 |
| Mark S. Hacker EVP, Chief Legal Officer | May 12, 2025 | Award | +537,677 | – | – | 537,677 |
| Christopher Stansbury EVP and CFO | Apr 4, 2025 | Tax withholding | −32,896 | $3.27 | $107.57K | 5,210,218 |
| Christopher Stansbury EVP and CFO | Apr 4, 2025 | Returned to company | −236,435 | – | – | 5,243,114 |
| Ashley Haynes-Gaspar EVP and Chief Revenue Officer | Mar 1, 2025 | Tax withholding | −104,946 | $4.72 | $495.35K | 1,650,651 |
| Ashley Haynes-Gaspar EVP and Chief Revenue Officer | Mar 1, 2025 | Award | +500,191 | – | – | 1,755,597 |
| David D. Ward EVP, Chief Tech & Prod Officer | Mar 1, 2025 | Tax withholding | −107,179 | $4.72 | $505.88K | 2,085,170 |
| David D. Ward EVP, Chief Tech & Prod Officer | Mar 1, 2025 | Award | +734,324 | – | – | 2,192,349 |
| Kathleen E. Johnson President & CEO, Director | Mar 1, 2025 | Award | +3,331,063 | – | – | 10,220,314 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Linear Diankha Director | Feb 20, 2026 | 45,000 | $355.08K | Feb 20, 2026 | Restricted Stock |
| Stacey W. Goff INSIDER | Aug 8, 2024 | 374,492 | $2.38M | Aug 8, 2024 | PSA |
| Stacey W. Goff Officer | Aug 8, 2024 | 71,025 | $451.72K | Aug 8, 2024 | Stock Award |