AT&T
2,859 hedge funds and large institutions have $138B invested in AT&T in 2025 Q1 according to their latest regulatory filings, with 338 funds opening new positions, 1,093 increasing their positions, 1,174 reducing their positions, and 113 closing their positions.
199% more first-time investments, than exits
New positions opened: 338 | Existing positions closed: 113
38% more call options, than puts
Call options by funds: $1.62B | Put options by funds: $1.17B
32% more capital invested
Capital invested by funds: $105B → $138B (+$33.7B)
26% more funds holding in top 10
Funds holding in top 10: 62 → 78 (+16)
7% more funds holding
Funds holding: 2,677 → 2,859 (+182)
1.8% more ownership
Funds ownership: 62.86% → 64.66% (+1.8%)
7% less repeat investments, than reductions
Existing positions increased: 1,093 | Existing positions reduced: 1,174
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$1.14B |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$707M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
+$526M |
| 4 |
DZ Bank
Frankfurt Am Main,
Germany
|
+$512M |
| 5 |
GQG Partners
Ft. Lauderdale,
Florida
|
+$432M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$632M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
-$388M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$271M |
| 4 |
CAM
Contour Asset Management
New York
|
-$253M |
| 5 |
State Street
Boston,
Massachusetts
|
-$233M |
T Hedge Fund Activity: Q1 2025 in Review
2,859 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in AT&T (T) for Q1 2025, worth a combined $138B — up 32% from $105B a quarter earlier.
Buyers outnumbered sellers: 338 funds opened new T positions and 113 closed out — a net gain of 225 holders — while 1,093 added to existing stakes and 1,174 trimmed.
The largest buyer was Bank of America, adding an estimated $1.14B. The largest seller was Arrowstreet Capital, cutting an estimated $632M.
- 2,859 institutional investors held AT&T (T) as of Q1 2025, up from 2,677 in Q4 2024.
- Funds reported $138B of AT&T stock for Q1 2025, up 32% quarter-over-quarter.
- 338 funds opened new AT&T positions in Q1 2025 and 113 closed out, a net change of +225 holders.
- The largest AT&T buyer in Q1 2025 was Bank of America, an estimated $1.14B added.
- The largest AT&T seller in Q1 2025 was Arrowstreet Capital, an estimated $632M sold.
Based on aggregated 13F filings for Q1 2025.