2,795 hedge funds and large institutions have $115B invested in AT&T in 2025 Q4 according to their latest regulatory filings, with 270 funds opening new positions, 1,030 increasing their positions, 1,255 reducing their positions, and 242 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 (-$14.4B)

18% less repeat investments, than reductions

Existing positions increased: 1,030 | Existing positions reduced: 1,255

38% less funds holding in top 10

Funds holding in top 10: 4226 (-16)

Holders
2,795
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
$1.2B
Puts
$1.04B
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
GI
326
GAMCO Investors
Connecticut
$18.2M
BFM
327
Boothbay Fund Management
New York
$18.2M
SCM
328
SKBA Capital Management
California
$18.1M
GAI
329
General American Investors
New York
$18M
IMCOOI
330
Investment Management Corp of Ontario (IMCO)
Canada
$17.9M
OBAM
331
ODDO BHF Asset Management
France
$17.8M
AV
332
ASR Vermogensbeheer
Netherlands
$17.7M
Bank Julius Baer & Co
333
Bank Julius Baer & Co
Switzerland
$17.5M
HI
334
Horizon Investments
North Carolina
$17.5M
HIMC
335
Heritage Investors Management Corp
Maryland
$17.4M
Lazard Asset Management
336
Lazard Asset Management
New York
$17.1M
XT
337
XTX Topco
Cayman Islands
$16.8M
SI
338
Stephens Inc
Arkansas
$16.6M
BAMF
339
BI Asset Management Fondsmaeglerselskab
Denmark
$16.4M
OC
340
Oppenheimer & Co
New York
$16.4M
TI
341
Tidal Investments
Wisconsin
$16.4M
Grantham, Mayo, Van Otterloo & Co (GMO)
342
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$16.1M
BCM
343
Brookstone Capital Management
Illinois
$16.1M
SIS
344
Sound Income Strategies
Florida
$15.6M
AG
345
AIA Group
Hong Kong
$15.3M
PAG
346
Private Advisor Group
New Jersey
$15.1M
FIA
347
Foundations Investment Advisors
Arizona
$14.8M
CFB
348
Cullen/Frost Bankers
Texas
$14.8M
Rafferty Asset Management
349
Rafferty Asset Management
New York
$14.7M
AF
350
Avanza Fonder
Sweden
$14.5M