Verizon Communications Inc.
MX ˙ BMV ˙ US92343V1044
SecurityMX:VZ / Verizon Communications Inc.
InstitutionNicolet Advisory Services, Llc
Latest Disclosed Ownership17,942 shares
Latest Disclosed Value $ 714,797
Nicolet Advisory Services, Llc reports 8.47% decrease in ownership of VZ / Verizon Communications Inc.

On February 13, 2026 - Nicolet Advisory Services, Llc filed a 13F-HR form disclosing ownership of 17,942 shares of Verizon Communications Inc. (MX:VZ) valued at $714,797 USD as of December 31, 2025. The entity filed a previous 13F-HR on November 13, 2025 disclosing 19,603 shares of Verizon Communications Inc.. This represents a change in shares of -8.47% during the quarter.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

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Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2026-02-13 2025-12-31 13F VERIZON COMMUNICATIONS COM 92343V104 17,942 -1,661 -8.47 715 -11.96 0.0482
2025-11-13 2025-09-30 13F VERIZON COMMUNICATIONS COM 92343V104 19,603 482 2.52 812 -0.98 0.0631
2025-08-13 2025-06-30 13F VERIZON COMMUNICATIONS COM 92343V104 19,121 373 1.99 820 1.87 0.0698
2025-05-08 2025-03-31 13F VERIZON COMMUNICATIONS COM 92343V104 18,748 4,102 28.01 805 45.39 0.0798
2025-02-12 2024-12-31 13F VERIZON COMMUNICATIONS COM 92343V104 14,646 -1,607 -9.89 554 -23.51 0.0509
2024-11-12 2024-09-30 13F VERIZON COMMUNICATIONS COM 92343V104 16,253 -491 -2.93 724 5.24 0.0683
2024-08-14 2024-06-30 13F VERIZON COMMUNICATIONS COM 92343V104 16,744 163 0.98 688 1.48 0.0659
2024-05-10 2024-03-31 13F VERIZON COMMUNICATIONS COM 92343V104 16,581 3,165 23.59 677 25.60 0.0688
2024-02-13 2023-12-31 13F VERIZON COMMUNICATIONS COM 92343V104 13,416 -2,009 -13.02 539 10.91 0.0580
2023-11-07 2023-09-30 13F VERIZON COMMUNICATIONS COM 92343V104 15,425 1,432 10.23 486 -6.36 0.0539
2023-08-09 2023-06-30 13F VERIZON COMMUNICATIONS COM 92343V104 13,993 717 5.40 520 -0.95 0.0570
2023-05-09 2023-03-31 13F VERIZON COMMUNICATIONS COM 92343V104 13,276 1,475 12.50 524 8.04 0.0604
2023-02-09 2022-12-31 13F VERIZON COMMUNICATIONS COM 92343V104 11,801 1,422 13.70 486 27.63 0.0642
2022-11-10 2022-09-30 13F VERIZON COMMUNICATIONS COM 92343V104 10,379 1,213 13.23 380 -18.28 0.0620
2022-08-08 2022-06-30 13F VERIZON COMMUNICATIONS COM 92343V104 9,166 43 0.47 465 -4.71 0.0690
2022-05-10 2022-03-31 13F VERIZON COMMUNICATIONS COM 92343V104 9,123 459 5.30 488 8.44 0.0637
2022-02-08 2021-12-31 13F VERIZON COMMUNICATIONS COM 92343V104 8,664 -226 -2.54 450 -6.25 0.0553
2021-11-16 2021-09-30 13F VERIZON COMMUNICATIONS COM 92343V104 8,890 -187 -2.06 480 -5.70 0.0609
2021-08-11 2021-06-30 13F VERIZON COMMUNICATIONS COM 92343V104 9,077 -95 -1.04 509 -4.50 0.0664
2021-05-03 2021-03-31 13F VERIZON COMMUNICATIONS COM 92343V104 9,172 -228 -2.43 533 -3.44 0.0748
2021-02-09 2020-12-31 13F VERIZON COMMUNICATIONS COM 92343V104 9,400 317 3.49 552 2.22 0.0774
2020-10-27 2020-09-30 13F VERIZON COMMUNICATIONS COM 92343V104 9,083 -4,951 -35.28 540 -30.23 0.0839
2020-08-14 2020-06-30 13F VERIZON COMMUNICATIONS COM 92343V104 14,034 324 2.36 774 5.02 0.1189
2020-04-21 2020-03-31 13F VERIZON COMMUNICATIONS COM 92343V104 13,710 3,281 31.46 737 15.16 0.1298
2020-01-23 2019-12-31 13F VERIZON COMMUNICATIONS COM 92343V104 10,429 -425 -3.92 640 -2.29 0.1006
2019-10-22 2019-09-30 13F VERIZON COMMUNICATIONS COM 92343V104 10,854 285 2.70 655 8.44 0.0994
2019-07-26 2019-06-30 13F VERIZON COMMUNICATIONS COM 92343V104 10,569 -507 -4.58 604 -7.79 0.0922
2019-05-10 2019-03-31 13F VERIZON COMMUNICATIONS COM 92343V104 11,076 11,076 655 0.1111
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.