2,820 hedge funds and large institutions have $115B invested in AT&T in 2025 Q4 according to their latest regulatory filings, with 283 funds opening new positions, 1,037 increasing their positions, 1,258 reducing their positions, and 245 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 (-$13.9B)

18% less repeat investments, than reductions

Existing positions increased: 1,037 | Existing positions reduced: 1,258

38% less funds holding in top 10

Funds holding in top 10: 4226 (-16)

Holders
2,820
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
PSP
1601
Pacific Sage Partners
Washington
$530K
FCM
1602
Firestone Capital Management
Florida
$530K
TC
1603
TwinBeech Capital
New York
$529K
CCFCSB
1604
Cape Cod Five Cents Savings Bank
Massachusetts
$528K
PFSC
1605
Peoples Financial Services Corp
Pennsylvania
$525K
SFC
1606
SYM Financial Corp
Indiana
$524K
NSAM
1607
North Star Asset Management
Wisconsin
$524K
NPA
1608
Nichols & Pratt Advisers
Massachusetts
$524K
IWN
1609
Independent Wealth Network
Iowa
$523K
VFG
1610
V2 Financial group
Illinois
$522K
BIA
1611
Beacon Investment Advisors
Maryland
$520K
KPWG
1612
KFA Private Wealth Group
Virginia
$520K
VNA
1613
Valley National Advisers
Pennsylvania
$520K
AI
1614
Arvest Investments
Arkansas
$519K
WPW
1615
Winthrop Partners - WNY
New York
$518K
JLBC
1616
J.L. Bainbridge & Co
Florida
$518K
QIM
1617
Quest Investment Management
Oregon
$518K
APW
1618
Austin Private Wealth
Texas
$517K
ACG
1619
Allen Capital Group
Nebraska
$515K
TB
1620
Terril Brothers
Missouri
$515K
OL
1621
OneFund LLC
Florida
$514K
TNB
1622
Thomasville National Bank
Georgia
$514K
RPGK
1623
Retirement Planning Group (Kansas)
Kansas
$514K
SF
1624
Slagle Financial
Illinois
$513K
KA
1625
Klingman & Associates
New York
$513K