Matrix Asset Advisors Trims Comcast Holdings

Institutional investor reduces stake in cable giant by nearly 30% in Q4

Apr. 2, 2026 at 10:45am

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Matrix Asset Advisors Inc. NY, a New York-based investment management firm, decreased its holdings in Comcast Corporation (NASDAQ:CMCSA) by 29.1% in the fourth quarter of 2025, according to a recent SEC filing. The firm now owns 600,301 shares of the cable giant's stock, down from 846,697 shares held previously.

Why it matters

Comcast is one of the largest media and telecommunications companies in the world, with a diverse portfolio of cable, internet, and entertainment assets. Institutional investors closely monitor changes in major shareholders' positions, as these can signal broader market sentiment and influence the stock's performance.

The details

According to the filing, Matrix Asset Advisors sold 246,396 shares of Comcast during the fourth quarter. The firm's remaining 600,301 shares represent approximately 1.6% of its total investment portfolio. Comcast is the 24th largest holding for Matrix Asset Advisors.

  • The filing covers the fourth quarter of 2025, which ended on December 31, 2025.

The players

Matrix Asset Advisors Inc. NY

A New York-based investment management firm that oversees approximately $1.2 billion in assets.

Comcast Corporation

A diversified global media and technology company headquartered in Philadelphia, Pennsylvania, with major operations in cable, internet, and entertainment.

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The takeaway

This filing highlights the ongoing shifts in institutional ownership of Comcast, as investors weigh the company's strategic initiatives, competitive landscape, and long-term growth prospects. The reduction in Matrix Asset Advisors' stake may signal broader caution around Comcast's near-term performance, though the stock remains a significant holding in the firm's portfolio.