AT&T
1,607 hedge funds and large institutions have $97.5B invested in AT&T in 2013 Q4 according to their latest regulatory filings, with 199 funds opening new positions, 599 increasing their positions, 673 reducing their positions, and 49 closing their positions.
306% more first-time investments, than exits
New positions opened: 199 | Existing positions closed: 49
9% more funds holding
Funds holding: 1,478 → 1,607 (+129)
1% more capital invested
Capital invested by funds: $96.3B → $97.5B (+$1.26B)
5% less call options, than puts
Call options by funds: $1.43B | Put options by funds: $1.5B
1.3% less ownership
Funds ownership: 71.07% → 69.77% (-1.3%)
5% less funds holding in top 10
Funds holding in top 10: 129 → 123 (-6)
11% less repeat investments, than reductions
Existing positions increased: 599 | Existing positions reduced: 673
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMU
Pictet Asset Management (UK)
London,
United Kingdom
|
+$245M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$127M |
| 3 |
Franklin Resources
San Mateo,
California
|
+$114M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$114M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$101M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$626M |
| 2 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$302M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$292M |
| 4 |
Barclays
London,
United Kingdom
|
-$243M |
| 5 |
TCIM
TIAA CREF Investment Management
New York
|
-$231M |
T Hedge Fund Activity: Q4 2013 in Review
1,607 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in AT&T (T) for Q4 2013, worth a combined $97.5B — up 1.3% from $96.3B a quarter earlier.
Buyers outnumbered sellers: 199 funds opened new T positions and 49 closed out — a net gain of 150 holders — while 599 added to existing stakes and 673 trimmed.
The largest buyer was Pictet Asset Management (UK), adding an estimated $245M. The largest seller was Capital Research Global Investors, cutting an estimated $626M.
- 1,607 institutional investors held AT&T (T) as of Q4 2013, up from 1,478 in Q3 2013.
- Funds reported $97.5B of AT&T stock for Q4 2013, up 1.3% quarter-over-quarter.
- 199 funds opened new AT&T positions in Q4 2013 and 49 closed out, a net change of +150 holders.
- The largest AT&T buyer in Q4 2013 was Pictet Asset Management (UK), an estimated $245M added.
- The largest AT&T seller in Q4 2013 was Capital Research Global Investors, an estimated $626M sold.
Based on aggregated 13F filings for Q4 2013.