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Radiotelephone communications (SIC 4812)

Major group 48: Communications

Part of 481 Telephone communications

Companies with SIC industry code 4812. Companies with no code (SIC 0) and shell companies (SIC 9995) are left out.

As of2020 Q4
Data cover 2000 Q4 – 2020 Q4, quarterly.
Only 4 companies in the S&P 500 this quarter: the averages below rest on few pairs.

The tiles, heatmap and tables below use the industry’s S&P 500 companies.

Companies in 2020 Q4 4
Average profit weight between them 0.55

Average profit weight in the industry over time

The mean profit weight over every ordered pair of the industry’s companies, each quarter: S&P 500 companies (solid) and all companies (faded). Click a quarter to show it.

    Computed from the current data release, using every firm in the sample. Published papers used earlier releases and samples, so their figures differ slightly.

    Show the numbers

    Profit weights between the 4 largest companies, 2020 Q4

    Each cell is the profit weight of the row company’s shareholders on the column company (darker: higher). Companies are ordered so that tightly linked groups form blocks. Largest means most reported owners. Click a cell to compare the two companies.

    T Mobile U S IncVerizon Communication…A T & T IncTelephone & Data Syst…Report
    T Mobile U S Inc 0.040.030.05
    Verizon Communications Inc 0.450.841.19
    A T & T Inc 0.450.981.36
    Telephone & Data Systems Inc 0.230.490.48

    Investors who drive it, 2020 Q4

    The investors that contribute most to the industry’s average profit weight: roughly, those holding sizeable stakes in many of its companies at once. Investor types are inferred from the forms each investor files with the SEC and are under review. Anyone filing Forms 3/4/5 counts as an insider unless they also file 13F, in which case they count as an asset manager (such as Carl Icahn).

    • Big Three
    • Asset manager
    • Non-financial blockholder
    • Activist
    • Insider
    #InvestorTypeCompanies held hereShare of the averageSEC CIKReport
    1 BlackRock Inc. Big Three 437% 1364742
    2 Vanguard Group Inc Big Three 437% 102909
    3 State Street Corp Big Three 414% 93751
    4 Dimensional Fund Advisors LP Asset manager 41% 354204
    5 Geode Capital Management, LLC Asset manager 41% 1214717
    6 Norges Bank Asset manager 41.0% 1374170
    7 Northern Trust Corp Asset manager 40.8% 73124
    8 Bank of New York Mellon Corp Asset manager 40.7% 1629943
    9 Morgan Stanley Asset manager 40.6% 895421
    10 FMR Llc*Fil LTD Asset manager 40.6% 315066
    11 Bank of America Corp /DE/ Asset manager 40.5% 70858
    12 Capital International Inc /Ca/*Capital International Sarl*Capital International LTD /Ca/*Capital Research Global Investors*Capital World Investors*Capital International Investors*Capital Bank & Trust Co Asset manager 30.5% 732812
    13 Price T Rowe Associates Inc /MD/ Asset manager 40.5% 80255
    14 Charles Schwab Investment Management Inc Asset manager 40.3% 884546
    15 UBS Asset Management Americas Inc*Ubs Group AG Asset manager 40.3% 1610520
    16 Royce & Associates LP Asset manager 40.2% 38777
    17 Nuveen Asset Management, LLC Asset manager 40.2% 1521019
    18 Wells Fargo & Company/Mn Asset manager 40.2% 72971
    19 Legal & General Group PLC Asset manager 40.2% 764068
    20 Ameriprise Financial Inc Asset manager 40.2% 820027
    21 JPMorgan Chase & Co Asset manager 40.2% 19617
    22 National Indemnity Co Asset manager 20.1% 1067983
    23 Invesco LTD. Asset manager 40.1% 914208
    24 California Public Employees Retirement System Asset manager 40.1% 919079
    25 Royal Bank of Canada Asset manager 40.1% 1548814

    The companies, 2020 Q4

    CompanyReported ownersReported ownershipSEC CIKReport
    Verizon Communications Inc SIC 4812 · S&P 500 272266.56%732712
    A T & T Inc SIC 4812 · S&P 500 253351.91%732717
    T Mobile U S Inc SIC 4812 · S&P 500 98793.02%1283699
    Telephone & Data Systems Inc SIC 4812 · S&P 500 · dual class 26092.05%1051512

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