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
AP
326
Americana Partners
Texas
$18.6M
GI
327
GAMCO Investors
Connecticut
$18.2M
BFM
328
Boothbay Fund Management
New York
$18.2M
SCM
329
SKBA Capital Management
California
$18.1M
GAI
330
General American Investors
New York
$18M
IMCOOI
331
Investment Management Corp of Ontario (IMCO)
Canada
$17.9M
OBAM
332
ODDO BHF Asset Management
France
$17.8M
AV
333
ASR Vermogensbeheer
Netherlands
$17.7M
Bank Julius Baer & Co
334
Bank Julius Baer & Co
Switzerland
$17.5M
HI
335
Horizon Investments
North Carolina
$17.5M
HIMC
336
Heritage Investors Management Corp
Maryland
$17.4M
Lazard Asset Management
337
Lazard Asset Management
New York
$17.1M
XT
338
XTX Topco
Cayman Islands
$16.8M
SI
339
Stephens Inc
Arkansas
$16.6M
BAMF
340
BI Asset Management Fondsmaeglerselskab
Denmark
$16.4M
OC
341
Oppenheimer & Co
New York
$16.4M
TI
342
Tidal Investments
Wisconsin
$16.4M
Grantham, Mayo, Van Otterloo & Co (GMO)
343
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$16.1M
BCM
344
Brookstone Capital Management
Illinois
$16.1M
SIS
345
Sound Income Strategies
Florida
$15.6M
AG
346
AIA Group
Hong Kong
$15.3M
PAG
347
Private Advisor Group
New Jersey
$15.1M
FIA
348
Foundations Investment Advisors
Arizona
$14.8M
CFB
349
Cullen/Frost Bankers
Texas
$14.8M
Rafferty Asset Management
350
Rafferty Asset Management
New York
$14.7M