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
Public Employees Retirement Association of Colorado
301
Public Employees Retirement Association of Colorado
Colorado
$22.9M
NAM
302
Nissay Asset Management
Japan
$22.9M
HCM
303
Huber Capital Management
California
$22.8M
DILIC
304
Dai-ichi Life Insurance Company
Japan
$22.8M
NWM
305
Nicola Wealth Management
British Columbia, Canada
$22.8M
VPIM
306
Vanguard Personalized Indexing Management
California
$22.5M
BPA
307
Beacon Pointe Advisors
California
$22.4M
LOIM
308
Liberty One Investment Management
Illinois
$22.1M
Squarepoint
309
Squarepoint
New York
$22.1M
YCM
310
Yousif Capital Management
Michigan
$21.9M
MCM
311
Maytus Capital Management
New York
$21.9M
QPBE
312
Quintet Private Bank (Europe)
Luxembourg
$21.5M
FFM
313
Fisher Funds Management
New Zealand
$21.1M
RCYC
314
Richard C. Young & Co
Rhode Island
$20.8M
MOACM
315
Mutual of America Capital Management
New York
$20.8M
OPERF
316
Oregon Public Employees Retirement Fund
Oregon
$20.2M
GC
317
Guggenheim Capital
Illinois
$20.1M
CI
318
Cincinnati Insurance
Ohio
$19.9M
FMLI
319
Fukoku Mutual Life Insurance
Japan
$19.6M
Verition Fund Management
320
Verition Fund Management
Connecticut
$19.4M
DDPIC
321
Deroy & Devereaux Private Investment Counsel
Michigan
$19.2M
Capital Fund Management (CFM)
322
Capital Fund Management (CFM)
France
$18.9M
Pathstone Holdings
323
Pathstone Holdings
New Jersey
$18.9M
PP
324
Prudential plc
United Kingdom
$18.7M
TWC
325
TD Waterhouse Canada
Ontario, Canada
$18.6M