Comcast Shares Sold by Russell Investments Group

Institutional investor lowers stake in cable giant

Published on Mar. 9, 2026

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Russell Investments Group Ltd. lowered its stake in Comcast Corporation (NASDAQ:CMCSA) by 1.7% in the third quarter, according to a recent 13F filing. The fund owned 5,992,409 shares of the cable company's stock after selling 103,870 shares during the period.

Why it matters

This filing provides insight into the investment decisions of a major institutional investor and could signal broader trends in the market's sentiment towards Comcast's stock.

The details

Russell Investments Group Ltd. sold 103,870 shares of Comcast in the third quarter, reducing its total stake to 5,992,409 shares. This represented about 0.16% of Comcast's outstanding shares at the end of the quarter.

  • Russell Investments Group filed the 13F report for the third quarter of 2026.

The players

Russell Investments Group Ltd.

A global asset management firm that provides investment solutions to institutional and individual investors.

Comcast Corporation

A diversified global media and technology company that operates the Xfinity cable and internet service, as well as NBCUniversal's media and entertainment assets.

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The takeaway

This filing suggests that Russell Investments Group has reduced its exposure to Comcast, potentially signaling a broader shift in investor sentiment towards the cable and media company. However, Comcast remains a significant holding for the firm, and the reasons behind the reduced stake are not entirely clear from the limited information provided.