VZ · NYSE · CIK 0000732712
Verizon Communications Inc.
No equity stake in another company appears in Verizon Communications Inc.'s filings. That is the sourced answer, not a hole in the research.
Share price
VZ
Who owns Verizon Communications Inc..
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modelled, reported or pending
Select a row or a slice for its provenance: the filing it came from, when it was measured, and the arithmetic behind it if it was modelled.
The full register, from 13F filings
The Register tab above is hand research: a dozen holders, each traced to the filing it came from. This asks the same question of the whole market for the quarter ended 31-mar-2026, where 3,218 managers reported a position. Broad where the research is deep, and shallow in the ways a 13F always is.
3,218 managers reported a position, together holding 2.78bn shares, or 66.9% of the company. The 40 largest are listed.
Built from 13F filings, which report US listed, long, US custodied positions only. A register from this source is a floor rather than a level: a holder's true position can be far larger, as BlackRock's ASML stake shows at 1.28m shares in a 13F against 26.3m in its 13G/A. Holdings held through derivatives, outside US custody, or below a manager's reporting obligation do not appear. Where a holder is marked as a family, its total sums several separate filing entities and describes something no single filing describes; the constituent entities and their share counts are listed so the total can be checked. That roll-up can legitimately exceed the family's own Schedule 13G, because a 13G is filed by one legal entity: Vanguard reports Alphabet through ten advisory entities, and The Vanguard Group Inc itself reported zero after its January 2026 disaggregation.
What a reader needs to know to read these numbers
- Verizon does not file Form 13F (it is not an institutional investment manager), so the register above is built entirely from each institutional holder's own 13F-HR plus Verizon's own DEF 14A proxy statement.
- Holdings is empty and that is the sourced finding. The FY2025 Form 10-K (period ended 31 December 2025, filed 17 February 2026) and the Q2 2026 Form 10-Q (period ended 30 June 2026, filed 31 July 2026) were both searched for 'equity method', 'unconsolidated', 'non-marketable', 'measurement alternative', 'joint venture', 'wireless partnership' and 'satellite'/'AST SpaceMobile'/'Skylo'/'Kuiper'. Verizon carries a single combined balance sheet line, 'Investments in unconsolidated businesses', of $783 million at 30 June 2026 ($785 million at 31 December 2025), covering both equity-method investees and cost-method (measurement alternative) investments without readily determinable fair value ($710 million of that total at 31 December 2025 per the 10-K). No individual investee is named or sized anywhere in either filing, so per the brief's rule against distributing a combined bucket, no holding rows were recorded; the combined figure is not attributed to any named target.
- The Frontier Communications acquisition (closed 20 January 2026) and the Starry Group Holdings acquisition (closed 30 January 2026) are both outright, wholly-owned acquisitions per the FY2025 10-K, not minority equity stakes, so neither belongs in holdings. Frontier's results are consolidated into Verizon from the closing date; Starry's cash consideration is described as insignificant.
- Verizon's satellite-related disclosure in the 10-K is limited to a sentence about 'partnering with satellite providers to enhance off-grid emergency and text messaging services' with no counterparty named and no equity component disclosed. Confirmed this is a commercial partnership reference, not a sourced equity stake, so nothing was recorded.
- No noncontrolling interest belonging to a named partner in a Verizon-controlled entity was recorded as a Verizon holding. The $1,276 million (30 June 2026) / $1,281 million (31 December 2025) 'Noncontrolling interests' line on Verizon's balance sheet is other parties' minority stakes in Verizon-controlled subsidiaries (for example wireless partnerships Verizon majority-owns), which is the reverse direction from what belongs in holdings and was deliberately excluded.
- Vanguard's most recent Form 13F-HR under CIK 0000102909 covers the quarter ended 31 December 2025 (filed 29 January 2026); for the quarters ended 31 March 2026 and 30 June 2026 Vanguard filed Form 13F-NT (notice only), so its 30 June 2026 position could not be sourced from that CIK and the most recent 13F-HR figure is used instead, at an older as_of date than the other institutional rows.
- Register percentages for the 30 June 2026 13F rows use 4,154,775,202 shares outstanding as of 30 June 2026 (Q2 2026 10-Q cover page, filed 31 July 2026, after deducting 136,658,444 treasury shares). The Vanguard row uses 4,217,684,168 shares outstanding as of 30 January 2026 (FY2025 10-K cover page), the closest available denominator to its 31 December 2025 as_of date. The three proxy-sourced insider rows use the proxy's own stated 'approximately 4.18 billion shares' as of the 3 March 2026 record date, since the proxy does not give an exact count.
- The proxy's own 5-percent-owner table (page 77) is stale relative to the 13F data used here: it cites Schedule 13G filings from February 2024 (Vanguard 350,035,321 shares / 8.4%, since superseded by an internal-realignment 13G on 27 March 2026 stating Vanguard no longer holds 5%+ directly; BlackRock 348,127,746 shares / 8.3%) and a November 2025 Schedule 13G for State Street (215,538,375 shares / 5.2%). This research uses each manager's own most recent Form 13F-HR instead, per the brief's preference for 13F over stale 13G/proxy citations, and records the disagreement here rather than resolving it by overwriting.
- Verizon has a single class of common stock, one vote per share; no dual-class structure.
- Market capitalisation of $195.19 billion is an aggregator figure (stockanalysis.com) as of 12 August 2026, the most recent found; it is not from a filing and should be treated as approximate.
Looked for, not found
Recorded rather than filled in. Each of these is a place where a number could have been invented and was not.
- The split of the $783 million (30 June 2026) 'Investments in unconsolidated businesses' balance between equity-method investees and cost-method (measurement alternative) holdings without readily determinable fair value, and the identity and size of any individual investee. Searched the FY2025 10-K and Q2 2026 10-Q notes on investments; neither names a counterparty or breaks out the balance.
- Whether Verizon holds any equity interest in third-party direct-to-device satellite programs (e.g. AST SpaceMobile, Skylo, Amazon Leo/Kuiper). Searched the FY2025 10-K for these names and for 'satellite'; found only a generic reference to 'partnering with satellite providers' with no counterparty or equity terms disclosed.
- Exact institutional holder percentage coverage beyond the seven managers sourced: State Street, Geode, FMR, Morgan Stanley, and JPMorgan sum with BlackRock and Vanguard to roughly 29.7% of shares outstanding (mixed as_of dates, see notes); additional managers (e.g. Capital Group, T. Rowe Price, Norges Bank) were not checked within the time budget.
- Whether Norges Bank or other sovereign wealth funds hold Verizon; not checked, since sovereign holders that do not file 13F would require a different source (annual holdings disclosure) not pulled in this pass.
- Verizon's Q3 2026 10-Q (covering the quarter ending on or about 30 September 2026) was not yet filed as of 17 August 2026 per the EDGAR submissions feed, so any equity transaction in that quarter is not reflected here.
