2,839 hedge funds and large institutions have $115B invested in AT&T in 2025 Q4 according to their latest regulatory filings, with 294 funds opening new positions, 1,041 increasing their positions, 1,260 reducing their positions, and 245 closing their positions.

New
Increased
Maintained
Reduced
Closed

more first-time investments, than exits

New positions opened: | Existing positions closed:

more call options, than puts

Call options by funds: $ | Put options by funds: $

more ownership

Funds ownership:

less funds holding

Funds holding:

11% less capital invested

Capital invested by funds: $129B → $115B (-$13.8B)

17% less repeat investments, than reductions

Existing positions increased: 1,041 | Existing positions reduced: 1,260

38% less funds holding in top 10

Funds holding in top 10: 4226 (-16)

Holders
2,839
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
WorldQuant Millennium Advisors
76
WorldQuant Millennium Advisors
New York
$164M
Voloridge Investment Management
77
Voloridge Investment Management
Florida
$162M
First Trust Advisors
78
First Trust Advisors
Illinois
$161M
Adage Capital Partners
79
Adage Capital Partners
Massachusetts
$159M
Manulife (Manufacturers Life Insurance)
80
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$157M
New York State Teachers Retirement System (NYSTRS)
81
New York State Teachers Retirement System (NYSTRS)
New York
$156M
State Board of Administration of Florida Retirement System
82
State Board of Administration of Florida Retirement System
Florida
$156M
Prudential Financial
83
Prudential Financial
New Jersey
$155M
Aviva
84
Aviva
United Kingdom
$149M
KBC Group
85
KBC Group
Belgium
$147M
CCM
86
Cullen Capital Management
New York
$142M
Truist Financial
87
Truist Financial
North Carolina
$141M
SAM
88
Storebrand Asset Management
Norway
$141M
Mariner
89
Mariner
Kansas
$140M
Schroder Investment Management Group
90
Schroder Investment Management Group
United Kingdom
$136M
TD Asset Management
91
TD Asset Management
Ontario, Canada
$134M
VOYA Investment Management
92
VOYA Investment Management
Georgia
$134M
National Bank of Canada
93
National Bank of Canada
Quebec, Canada
$132M
CI Investments Inc
94
CI Investments Inc
Ontario, Canada
$131M
AF
95
Align Financial
Minnesota
$131M
Universal-Beteiligungs- und Servicegesellschaft
96
Universal-Beteiligungs- und Servicegesellschaft
Germany
$130M
PPF
97
PFA Pension Forsikringsaktieselskab
$126M
Macquarie Group
98
Macquarie Group
Australia
$125M
Mitsubishi UFJ Trust & Banking
99
Mitsubishi UFJ Trust & Banking
Japan
$123M
Aberdeen Group
100
Aberdeen Group
United Kingdom
$121M