60% of the total Verizon shares are being held by institutional investors. Capital Group Companies holds more than 6% of the stock with total holding comprising 175 million shares. BlackRock Inc is th...
e second largest holder with 167m shares equaling 5.84% of the total Verizon equity. The Vanguard Group is the third-largest holder with around 140m shares. Amongst them these three holders own 16% of Verizon’s Equity. Between 2Q and 3Q hedge funds have increased their positions by 1%. There have been no significant insider transactions by company employees from end of 1QFY13 to end of 3QFY13.
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