2,840 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, 1,261 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: 1,261

38% less funds holding in top 10

Funds holding in top 10: 4226 (-16)

Holders
2,840
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
VFM
1401
Vision Financial Markets
Connecticut
$731K
QP
1402
Quilter Plc
United Kingdom
$731K
TCM
1403
Towercrest Capital Management
Pennsylvania
$730K
AWMG
1404
Alliance Wealth Management Group
New Jersey
$730K
LS
1405
Leelyn Smith
Illinois
$730K
TF
1406
Tompkins Financial
New York
$728K
WAL
1407
W Advisors LLC
Tennessee
$727K
ACI
1408
Alpha Cubed Investments
California
$727K
HPM
1409
Hudson Portfolio Management
New York
$727K
NSG
1410
Nalls Sherbakoff Group
Tennessee
$726K
EGWAG
1411
Elwood & Goetz Wealth Advisory Group
Georgia
$723K
IC
1412
Inscription Capital
Texas
$723K
FMB
1413
Field & Main Bank
Kentucky
$723K
PE
1414
PCM Encore
Colorado
$722K
DWM
1415
Drive Wealth Management
Utah
$722K
SCI
1416
S&CO Inc
Massachusetts
$721K
PCA
1417
Peddock Capital Advisors
Massachusetts
$719K
SWM
1418
SHP Wealth Management
Massachusetts
$719K
AIM
1419
Advyzon Investment Management
Illinois
$718K
WQ
1420
Wealth Quarterback
New Jersey
$717K
FFB
1421
First Financial Bankshares
Texas
$717K
RPC
1422
Rossmore Private Capital
Connecticut
$712K
NC
1423
NewSquare Capital
Pennsylvania
$711K
RIS
1424
Richmond Investment Services
Wisconsin
$710K
OWA
1425
Outlook Wealth Advisors
Texas
$710K