2,820 hedge funds and large institutions have $115B invested in AT&T in 2025 Q4 according to their latest regulatory filings, with 283 funds opening new positions, 1,037 increasing their positions, 1,258 reducing their positions, and 245 closing their positions.

New
Increased
Maintained
Reduced
Closed

more call options, than puts

Call options by funds: $ | Put options by funds: $

more first-time investments, than exits

New positions opened: | Existing positions closed:

more ownership

Funds ownership:

less funds holding

Funds holding:

11% less capital invested

Capital invested by funds: $129B → $115B (-$13.9B)

18% less repeat investments, than reductions

Existing positions increased: 1,037 | Existing positions reduced: 1,258

38% less funds holding in top 10

Funds holding in top 10: 4226 (-16)

Holders
2,820
Holders Change
Holders Change %
% of All Funds
Holding in Top 10
26
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
Increased
Reduced
Closed
Calls
$1.22B
Puts
$1.04B
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
KAS
226
Kestra Advisory Services
Texas
$35.5M
II
227
IFM Investors
Australia
$35.1M
Wealthfront Advisers
228
Wealthfront Advisers
California
$34.8M
FDCDDQ
229
Federation des caisses Desjardins du Quebec
Quebec, Canada
$34.7M
Jones Financial Companies
230
Jones Financial Companies
Missouri
$34.6M
ProShare Advisors
231
ProShare Advisors
Maryland
$34.1M
SCB
232
Saudi Central Bank
Saudi Arabia
$34M
OAM
233
Oppenheimer Asset Management
New York
$33.8M
GIA
234
Gateway Investment Advisers
Ohio
$33.8M
VI
235
Vestcor Inc
New Brunswick, Canada
$33.8M
KeyBank National Association
236
KeyBank National Association
Ohio
$33.6M
AAM
237
Advisors Asset Management
Colorado
$33.1M
AB
238
Amalgamated Bank
New York
$32.9M
AL
239
Arnhold LLC
New York
$32.4M
Federated Hermes
240
Federated Hermes
Pennsylvania
$32.3M
EGM
241
Engineers Gate Manager
New York
$31.9M
BBVA
242
Banco Bilbao Vizcaya Argentaria
Spain
$31.3M
EDRH
243
Edmond de Rothschild Holding
Switzerland
$31.1M
VMPIC
244
Varma Mutual Pension Insurance Co
Finland
$31M
P
245
&Partners
Tennessee
$30.9M
Public Sector Pension Investment Board (PSP Investments)
246
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$30.7M
Jacobs Levy Equity Management
247
Jacobs Levy Equity Management
New Jersey
$30.5M
Los Angeles Capital Management
248
Los Angeles Capital Management
California
$30.3M
AAF
249
Andra AP-fonden
Sweden
$30.3M
X
250
Xponance
Pennsylvania
$30.1M