Sector · 13F · Q2 2026 · portfolios as of June 30, 2026
Communication Services: what concentrated managers hold, add and drop (Q2 2026)
Communication Services averages 8.0% of concentrated managers' 13F portfolios at the end of Q2 2026 (8.3% the previous quarter). They hold stocks of 121 companies in the sector; the largest combined position is Alphabet.
A 13F shows the portfolio at quarter-end and is filed up to 45 days later: these are not real-time positions and they may have changed.
Weight of Communication Services in the portfolios, 20 quarters
Q2 2026: 8.0%
Largest holdings
By combined value in concentrated managers' portfolios.
- 1AlphabetGOOGL246 managers$54.8 bn
- 2AlphabetGOOG185 managers$29.0 bn
- 3Meta PlatformsMETA201 managers$23.1 bn
- 4NetflixNFLX84 managers$6.3 bn
- 5Spotify TechnologySPOT53 managers$5.3 bn
- 6Sirius XM HoldingsSIRI10 managers$3.9 bn
- 7Liberty MediaFWONK26 managers$3.3 bn
- 8RedditRDDT25 managers$2.8 bn
- 9Live Nation EntertainmentLYV20 managers$2.7 bn
- 10The New York TimesNYT13 managers$2.4 bn
Held by the most managers
By number of concentrated managers holding it.
- 1AlphabetGOOGL6 opened · 8 exited · 45 added, 120 trimmed246was 248
- 2Meta PlatformsMETA18 opened · 17 exited · 53 added, 83 trimmed201was 200
- 3AlphabetGOOG10 opened · 8 exited · 26 added, 83 trimmed185was 182
- 4NetflixNFLX11 opened · 22 exited · 22 added, 33 trimmed84was 94
- 5Walt DisneyDIS4 opened · 5 exited · 13 added, 27 trimmed70was 71
- 6Spotify TechnologySPOT6 opened · 7 exited · 21 added, 20 trimmed53was 54
- 7Verizon CommunicationsVZ2 opened · 2 exited · 7 added, 4 trimmed40was 40
- 8ComcastCMCSA3 opened · 1 exited · 11 added, 8 trimmed28was 26
- 9Liberty MediaFWONK3 opened · 3 exited · 8 added, 9 trimmed26was 25
- 10Warner Bros. DiscoveryWBD5 opened · 0 exited · 10 added, 7 trimmed26was 20
Stocks most managers added
Net change in managers over the quarter, and from how many to how many. From 0 to many is usually an IPO.
- 1RedditRDDT11 opened · 2 exited · 7 added, 4 trimmed+916 → 25
- 2Warner Bros. DiscoveryWBD5 opened · 0 exited · 10 added, 7 trimmed+620 → 26
- 3Sphere EntertainmentSPHR5 opened · 0 exited · 0 added, 2 trimmed+55 → 10
- 4AlphabetGOOG10 opened · 8 exited · 26 added, 83 trimmed+3182 → 185
- 5ComcastCMCSA3 opened · 1 exited · 11 added, 8 trimmed+226 → 28
- 6Atlanta Braves HoldingsBATRK2 opened · 0 exited · 1 added, 6 trimmed+212 → 14
- 7BaiduBIDU5 opened · 3 exited · 3 added, 2 trimmed+212 → 14
- 8Take-two Interactive SoftwareTTWO4 opened · 2 exited · 3 added, 2 trimmed+29 → 11
- 9Tencent Music Entertainment GroupTME5 opened · 3 exited · 0 added, 1 trimmed+26 → 8
- 10FOXFOXA3 opened · 1 exited · 2 added, 0 trimmed+25 → 7
Stocks most managers dropped
Net change in managers over the quarter, and from how many to how many.
- 1NetflixNFLX11 opened · 22 exited · 22 added, 33 trimmed−1094 → 84
- 2EchoStarECHO5 opened · 11 exited · 6 added, 5 trimmed−727 → 20
- 3RobloxRBLX3 opened · 9 exited · 4 added, 2 trimmed−517 → 12
- 4PinterestPINS0 opened · 2 exited · 4 added, 2 trimmed−310 → 7
- 5Optimum CommunicationsOPTU0 opened · 3 exited · 2 added, 0 trimmed−37 → 4
- 6The Trade DeskTTD1 opened · 4 exited · 0 added, 0 trimmed−35 → 2
- 7AlphabetGOOGL6 opened · 8 exited · 45 added, 120 trimmed−2248 → 246
- 8At&tT2 opened · 4 exited · 3 added, 5 trimmed−224 → 22
- 9Live Nation EntertainmentLYV0 opened · 3 exited · 7 added, 6 trimmed−222 → 20
- 10T-mobile USTMUS1 opened · 3 exited · 3 added, 3 trimmed−213 → 11
Insider buying
Open-market purchases reported on Form 4, last 180 days.
- 1Liberty Latin AmericaLILAK1 buyer · 7 managers$109M
- 2GlobalstarGSAT1 buyer · 3 managers$29.8M
- 3Liberty CapitalGLIBK2 buyers · 6 managers$15.0M
- 4Liberty Latin AmericaLILA1 buyer · 4 managers$14.1M
- 5FOXFOXA1 buyer · 7 managers$10.3M
- 6TKO Group HoldingsTKO4 buyers · 13 managers$5.5M
- 7Nexstar Media GroupNXST1 buyer · 7 managers$2.0M
- 8Charter CommunicationsCHTR1 buyer · 18 managers$1.4M
- 9VEONVEON1 buyer · 3 managers$1.1M
- 10Starz EntertainmentSTRZ3 buyers · 2 managers$761K
With holders above 5%
Companies in the sector with active 13D filings or holders reporting more than 5% (13D/13G).
- 1Liberty MediaFWONK26 managers1 above 5%1 with a 13D
- 2RedditRDDT25 managers4 above 5%1 with a 13D
- 3EchoStarECHO20 managers5 above 5%1 with a 13D
- 4Live Nation EntertainmentLYV20 managers3 above 5%2 with a 13D
- 5Charter CommunicationsCHTR18 managers6 above 5%3 with a 13D
- 6Atlanta Braves HoldingsBATRK14 managers1 above 5%1 with a 13D
- 7TKO Group HoldingsTKO13 managers5 above 5%1 with a 13D
- 8T-mobile USTMUS11 managers1 above 5%1 with a 13D
- 9Electronic ArtsEA10 managers3 above 5%1 with a 13D
- 10PeoplePPLI10 managers5 above 5%2 with a 13D
How it is calculated
A sector's weight. For each concentrated manager we add up the weight of its positions in that sector within its 13F portfolio, then average across all of them. Every manager counts the same, whatever its size: it is not the share of total money. Stocks we could not classify weigh 2.7%; with them, the weights add up to 100%.
Where each company's sector comes from. From the industry code (SIC) the company reports to the SEC, mapped to eleven sectors with a published table, plus a short list of manual corrections. See the table.
How managers are counted. For each stock, how many concentrated managers held it at the end of the previous quarter and how many at the end of this one. A company that went public in the quarter goes from 0 to many: that is why both figures are shown, not just the difference. Who the concentrated managers are.
It is a snapshot of a quarter that has already closed: portfolios as of June 30, 2026, public by August 14, 2026. A 13F does not include short positions, bonds, cash or stocks not listed in the United States. Research information; not investment advice.