2,799 hedge funds and large institutions have $115B invested in AT&T in 2025 Q4 according to their latest regulatory filings, with 273 funds opening new positions, 1,032 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 (-$14B)

18% less repeat investments, than reductions

Existing positions increased: 1,032 | Existing positions reduced: 1,255

38% less funds holding in top 10

Funds holding in top 10: 4226 (-16)

Holders
2,799
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
NSAM
1601
North Star Asset Management
Wisconsin
$524K
NPA
1602
Nichols & Pratt Advisers
Massachusetts
$524K
IWN
1603
Independent Wealth Network
Iowa
$523K
VFG
1604
V2 Financial group
Illinois
$522K
BIA
1605
Beacon Investment Advisors
Maryland
$520K
KPWG
1606
KFA Private Wealth Group
Virginia
$520K
VNA
1607
Valley National Advisers
Pennsylvania
$520K
AI
1608
Arvest Investments
Arkansas
$519K
JLBC
1609
J.L. Bainbridge & Co
Florida
$518K
QIM
1610
Quest Investment Management
Oregon
$518K
APW
1611
Austin Private Wealth
Texas
$517K
ACG
1612
Allen Capital Group
Nebraska
$515K
TB
1613
Terril Brothers
Missouri
$515K
OL
1614
OneFund LLC
Florida
$514K
TNB
1615
Thomasville National Bank
Georgia
$514K
RPGK
1616
Retirement Planning Group (Kansas)
Kansas
$514K
SF
1617
Slagle Financial
Illinois
$513K
KA
1618
Klingman & Associates
New York
$513K
GPW
1619
Gentry Private Wealth
Kansas
$512K
WMA
1620
West Michigan Advisors
Michigan
$510K
BC
1621
Broadwater Capital
Massachusetts
$510K
AW
1622
Alchemi Wealth
Connecticut
$509K
HIA
1623
Harbor Investment Advisory
Maryland
$508K
WAG
1624
Winthrop Advisory Group
Massachusetts
$507K
MWA
1625
Midland Wealth Advisors
Illinois
$507K