Lumen Technologies, Inc. (LUMN)

Highly Crowded

Held by 573 of 5,944 reporting institutions (97th percentile) — extremely crowded.

Data as of Q1 2026

Institutional Ownership

69.51%

QoQ Change

-1.17%

Total Value

$4.9T

Shares Outstanding

1.0B

Crowding AnalysisHighly Crowded

Holders573of 5,944

Avg: 68

Uncrowded97th percentileCrowded

Institutional Activity

Buy/Sell Ratio1.02x

92th percentile

272 buying266 selling

+84

New

-93

Closed

-9,551,642

Net shares

Holding Period Distribution

estimate

Median: 4 QAvg: 3.6 QHolders: 573

Ownership Concentration

Top 5: 44.5%Top 10: 58.5%

BlackRock,19.2%

VANGUARD PORTFOLIO MANAGEMENT8.7%

STATE STREET6.4%

VANGUARD CAPITAL MANAGEMENT5.8%

FMR4.4%

Others (568)55.5%

Loading crowding analysis...

Conviction-Weighted Ownership

Median weight: 0.01%Avg weight: 0.02%Max: 0.06%High conviction (>1%): 0

BlackRock,

VANGUARD PORTFOLIO MANAGEMENT

STATE STREET

VANGUARD CAPITAL MANAGEMENT

FMR

GEODE CAPITAL MANAGEMENT,

GOLDMAN SACHS GROUP

JPMORGAN CHASE &

CHARLES SCHWAB INVESTMENT MANAGEMENT

D. E. Shaw & Co.,

Loading conviction analysis...

Whale Moves Timeline (8 Quarters)

Biggest dollar-value position changes among top 10 holders

NEWVANGUARD PORTFOLIO MANAGEMENT$432M62.1M shr

NEWVANGUARD CAPITAL MANAGEMENT$289M41.6M shr

NEWD. E. Shaw & Co.$104M15.0M shr

BOUGHTGOLDMAN SACHS GROUP$39M5.6M shr

BOUGHTFMR$35M5.0M shr

NEWFMR$205M26.4M shr

NEWJPMORGAN CHASE$173M22.2M shr

NEWGOLDMAN SACHS GROUP$131M16.9M shr

SOLDBlackRock$22M2.8M shr

SOLDDIMENSIONAL FUND ADVISORS$20M2.5M shr

Loading whale moves...

Institutional Trends (8 Quarters)

Loading ownership trends...

Institutional Holders

Loading top holders...