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
QCM
276
QRG Capital Management
Illinois
$25.5M
Allspring Global Investments
277
Allspring Global Investments
North Carolina
$25.2M
WIC
278
Willis Investment Counsel
Georgia
$25.2M
N
279
Natixis
France
$25.2M
SMDAM
280
Sumitomo Mitsui DS Asset Management
Japan
$25.1M
ICP
281
Ilex Capital Partners
United Kingdom
$25.1M
Janus Henderson Group
282
Janus Henderson Group
United Kingdom
$25.1M
NIM
283
NEOS Investment Management
Connecticut
$24.7M
EAM
284
Erste Asset Management
Austria
$24.7M
SOADOR
285
State of Alaska Department of Revenue
Alaska
$24.5M
GGI
286
Godsey & Gibb Inc
Virginia
$24.4M
Northwestern Mutual Wealth Management
287
Northwestern Mutual Wealth Management
Wisconsin
$24.4M
EF
288
Empowered Funds
Pennsylvania
$24.2M
Fifth Third Bancorp
289
Fifth Third Bancorp
Ohio
$24.2M
IMPI
290
Ilmarinen Mutual Pension Insurance
Finland
$24M
AT
291
Arbejdsmarkedets Tillaegspension
$23.6M
SFM
292
Stack Financial Management
Montana
$23.5M
Baird Financial Group
293
Baird Financial Group
Wisconsin
$23.4M
CIA
294
Capital Investment Advisors
Georgia
$23.3M
M&T Bank
295
M&T Bank
New York
$23.3M
VIM
296
Vinva Investment Management
Australia
$23.3M
MP
297
Mediatel Partners
Texas
$23.2M
RIM
298
Rakuten Investment Management
Japan
$23.2M
OIAM
299
OFI Invest Asset Management
France
$23.1M
KCM
300
Kornitzer Capital Management
Kansas
$23M