AT&T
2,862 hedge funds and large institutions have $129B invested in AT&T in 2025 Q3 according to their latest regulatory filings, with 173 funds opening new positions, 1,205 increasing their positions, 1,182 reducing their positions, and 148 closing their positions.
17% more first-time investments, than exits
New positions opened: 173 | Existing positions closed: 148
5% more call options, than puts
Call options by funds: $1.34B | Put options by funds: $1.28B
2% more repeat investments, than reductions
Existing positions increased: 1,205 | Existing positions reduced: 1,182
1% less funds holding
Funds holding: 2,881 → 2,862 (-19)
0.88% less ownership
Funds ownership: 64.97% → 64.09% (-0.88%)
5% less capital invested
Capital invested by funds: $136B → $129B (-$6.54B)
24% less funds holding in top 10
Funds holding in top 10: 55 → 42 (-13)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$646M |
| 2 |
Amundi
Paris,
France
|
+$484M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$364M |
| 4 |
BlackRock
New York
|
+$347M |
| 5 |
WP
Woodline Partners
San Francisco,
California
|
+$206M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DZ Bank
Frankfurt Am Main,
Germany
|
-$336M |
| 2 |
UBS AM
Chicago,
Illinois
|
-$268M |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$235M |
| 4 |
GQG Partners
Ft. Lauderdale,
Florida
|
-$229M |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
-$204M |
T Hedge Fund Activity: Q3 2025 in Review
2,862 of the 7,620 institutional investors tracked by Wall St. Rank reported a position in AT&T (T) for Q3 2025, worth a combined $129B — down 4.8% from $136B a quarter earlier.
Buyers outnumbered sellers: 173 funds opened new T positions and 148 closed out — a net gain of 25 holders — while 1,205 added to existing stakes and 1,182 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $646M. The largest seller was DZ Bank, cutting an estimated $336M.
- 2,862 institutional investors held AT&T (T) as of Q3 2025, down from 2,881 in Q2 2025.
- Funds reported $129B of AT&T stock for Q3 2025, down 4.8% quarter-over-quarter.
- 173 funds opened new AT&T positions in Q3 2025 and 148 closed out, a net change of +25 holders.
- The largest AT&T buyer in Q3 2025 was JP Morgan Chase, an estimated $646M added.
- The largest AT&T seller in Q3 2025 was DZ Bank, an estimated $336M sold.
Based on aggregated 13F filings for Q3 2025.