Verizon Communications Inc. $VZ Shares Sold by Asset Management One Co. Ltd.

Asset Management One Co. Ltd. trimmed its holdings in shares of Verizon Communications Inc. (NYSE:VZ) by 7.5% in the second quarter, according to its most recent Form 13F filing with the SEC.

The institutional investor owned 2,048,000 shares of the cell phone carrier's stock after selling 165,771 shares during the period. Asset Management One Co. Ltd.'s holdings in Verizon Communications were worth $86,712,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Brighton Jones LLC boosted its holdings in shares of Verizon Communications by 61.2% in the fourth quarter. Brighton Jones LLC now owns 43,986 shares of the cell phone carrier's stock worth $1,759,000 after buying an additional 16,704 shares during the period.

United Bank lifted its position in shares of Verizon Communications by 11.5% in the second quarter. United Bank now owns 7,843 shares of the cell phone carrier's stock worth $339,000 after purchasing an additional 806 shares in the last quarter.

Jump Financial LLC boosted its holdings in shares of Verizon Communications by 312.0% during the second quarter. Jump Financial LLC now owns 23,639 shares of the cell phone carrier's stock worth $1,023,000 after purchasing an additional 17,901 shares during the period.

HUB Investment Partners LLC boosted its holdings in shares of Verizon Communications by 17.2% during the second quarter. HUB Investment Partners LLC now owns 41,121 shares of the cell phone carrier's stock worth $1,779,000 after purchasing an additional 6,034 shares during the period.

Finally, Vivaldi Capital Management LP grew its position in Verizon Communications by 5.2% during the second quarter. Vivaldi Capital Management LP now owns 8,993 shares of the cell phone carrier's stock valued at $389,000 after purchasing an additional 443 shares in the last quarter.

Institutional investors and hedge funds own 62.06% of the company's stock.

Verizon is using its fiber network to support AI-related connectivity, including a reported $1 billion-plus agreement with Google and potential additional hyperscaler contracts. These deals could create new enterprise revenue opportunities beyond traditional wireless services.

Analysts continue to highlight Verizon as a value stock, supported by its relatively modest valuation, income potential and defensive telecommunications business. That profile may appeal to investors seeking stability while broader markets remain elevated.

Verizon’s preparation for Tropical Storm Lala in Hawaii— including backup generators, satellite assets and pre-positioned equipment— reinforces network reliability and customer support, though the immediate financial impact is likely limited.

A comparison with Nokia emphasizes Verizon’s connectivity strengths as both companies position for AI-driven telecom demand. The article does not identify a material change to Verizon’s near-term earnings outlook.

Investors remain mindful that Verizon has returned substantial cash to shareholders while its stock has lagged the broader market. This raises questions about whether dividends and buybacks are producing sufficient shareholder value compared with reinvestment in growth.