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, 1,031 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: 1,031 | 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
SCA
601
Snowden Capital Advisors
New York
$4.4M
OCA
602
OpenArc Corporate Advisory
Georgia
$4.37M
SIA
603
Strategic Investment Advisors
Michigan
$4.37M
AAS
604
Ameritas Advisory Services
Nebraska
$4.36M
ACIM
605
Azimuth Capital Investment Management
Michigan
$4.35M
ECM
606
Everence Capital Management
Indiana
$4.35M
WAOTB
607
Wealth Advisors of Tampa Bay
Florida
$4.32M
QCG
608
Quadrant Capital Group
Ohio
$4.26M
TC
609
TownSquare Capital
Utah
$4.25M
CWM
610
Cornerstone Wealth Management
Missouri
$4.24M
FCH
611
Freestone Capital Holdings
Washington
$4.24M
VWM
612
Valley Wealth Managers
New Jersey
$4.23M
VFA
613
Valeo Financial Advisors
Indiana
$4.23M
WHG
614
Westwood Holdings Group
Texas
$4.22M
HH
615
Hilltop Holdings
Texas
$4.22M
IAIM
616
International Assets Investment Management
Florida
$4.22M
AIMC
617
Alley Investment Management Company
Illinois
$4.22M
LFAS
618
Level Four Advisory Services
Texas
$4.19M
SG
619
StoneX Group
New York
$4.14M
RPA
620
Rock Point Advisors
Vermont
$4.12M
RCA
621
Ranch Capital Advisors
Florida
$4.07M
KA
622
Kovack Advisors
Florida
$4.07M
PIM
623
Plato Investment Management
Australia
$4.04M
AI
624
Axecap Investments
Ohio
$4.03M
OIA
625
OneDigital Investment Advisors
Kansas
$4.02M