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
CPSAC
1576
Chas P. Smith & Associates (CPS)
Florida
$553K
FS
1577
Ferguson Shapiro
Georgia
$553K
PWM
1578
Palacios Wealth Management
Florida
$552K
IA
1579
Intellus Advisors
Florida
$552K
JF
1580
JSF Financial
California
$552K
KIM
1581
Kestra Investment Management
Texas
$549K
PA
1582
PFG Advisors
Arizona
$548K
AOI
1583
Auto-Owners Insurance
Michigan
$548K
HBT
1584
Heartland Bank & Trust
Illinois
$546K
TFA
1585
Teamwork Financial Advisors
Texas
$546K
WDA
1586
Wendell David Associates
New Hampshire
$546K
FAM
1587
Formidable Asset Management
Ohio
$546K
MAWA
1588
Moss Adams Wealth Advisors
Washington
$544K
FC
1589
Financial Consulate
Maryland
$544K
VCM
1590
Versant Capital Management
Arizona
$544K
TBA
1591
Tower Bridge Advisors
Pennsylvania
$544K
SCM
1592
Silvant Capital Management
Georgia
$543K
LCM
1593
LVM Capital Management
Michigan
$542K
SCM
1594
SOL Capital Management
Maryland
$542K
CFSG
1595
Clark Financial Services Group
Missouri
$542K
DCM
1596
Dudley Capital Management
Virginia
$541K
PWA
1597
Pitcairn Wealth Advisors
Pennsylvania
$540K
SMA
1598
Seven Mile Advisory
New Jersey
$539K
HNB
1599
Hilltop National Bank
Wyoming
$539K
WIC
1600
Woodmont Investment Counsel
Tennessee
$536K