2,781 hedge funds and large institutions have $115B invested in AT&T in 2025 Q4 according to their latest regulatory filings, with 265 funds opening new positions, 1,024 increasing their positions, 1,252 reducing their positions, and 240 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 (-$14.5B)

18% less repeat investments, than reductions

Existing positions increased: 1,024 | Existing positions reduced: 1,252

40% less funds holding in top 10

Funds holding in top 10: 4225 (-17)

Holders
2,781
Holders Change
Holders Change %
% of All Funds
Holding in Top 10
25
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
Increased
Reduced
Closed
Calls
$1.2B
Puts
$1.04B
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
JWM
2951
JGP Wealth Management
Oregon
WIM
2952
Warwick Investment Management
Texas
FWM
2953
FMB Wealth Management
California
PWP
2954
Perfromance Wealth Partners
Illinois
AB
2955
ANB Bank
Colorado
GCC
2956
Guardian Capital (Canada)
Ontario, Canada
AGC
2957
Aspen Grove Capital
Colorado
VBCG
2958
Valley Brook Capital Group
Pennsylvania
OIM
2959
Oder Investment Management
California
AA
2960
AF Advisors
California
MWA
2961
Motive Wealth Advisors
Michigan
SPP
2962
Single Point Partners
Massachusetts
PCM
2963
Payne Capital Management
New York
LODC
2964
Lanham O'Dell & Company
West Virginia
CL
2965
CIM LLC
New York
TIM
2966
Total Investment Management
Arizona
HWMT
2967
Heritage Wealth Management (Texas)
Texas
FA
2968
Fagan Associates
New York
MAG
2969
Mayfair Advisory Group
Alabama
CWM
2970
Cherrydale Wealth Management
New Jersey
NB
2971
Nicolet Bankshares
Wisconsin
PP
2972
Postrock Partners
Oregon
KFC
2973
Klingenstein Fields & Co
New York
PHAM
2974
Palisades Hudson Asset Management
Florida
GWM
2975
Glass Wealth Management
Texas