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
Toronto Dominion Bank
151
Toronto Dominion Bank
Ontario, Canada
$71.3M
Nomura Asset Management
152
Nomura Asset Management
Japan
$70.5M
Handelsbanken Fonder
153
Handelsbanken Fonder
Sweden
$70.4M
MSV
154
MN Services Vermogensbeheer
Netherlands
$69.1M
HighTower Advisors
155
HighTower Advisors
Illinois
$67.4M
State of Tennessee, Department of Treasury
156
State of Tennessee, Department of Treasury
Tennessee
$67.3M
Marshall Wace
157
Marshall Wace
United Kingdom
$65.2M
CAPTRUST Financial Advisors
158
CAPTRUST Financial Advisors
North Carolina
$64.1M
ZIM
159
Zacks Investment Management
Illinois
$64.1M
Teacher Retirement System of Texas
160
Teacher Retirement System of Texas
Texas
$62.9M
Cambridge Investment Research Advisors
161
Cambridge Investment Research Advisors
Iowa
$62.7M
RAM
162
Resona Asset Management
Japan
$62.7M
State of New Jersey Common Pension Fund D
163
State of New Jersey Common Pension Fund D
New Jersey
$60.8M
QCM
164
Quantinno Capital Management
New York
$59.7M
CCMG
165
Clark Capital Management Group
Pennsylvania
$58M
FWIA
166
Fort Washington Investment Advisors
Ohio
$57.9M
DnB Asset Management
167
DnB Asset Management
Norway
$57.9M
Carson Wealth (CWM LLC)
168
Carson Wealth (CWM LLC)
Nebraska
$57.5M
LF
169
Lansforsakringar Fondforvaltning
Sweden
$57.4M
FAF
170
Fjarde Ap-fonden
Sweden
$57M
Natixis Advisors
171
Natixis Advisors
Massachusetts
$56.2M
Retirement Systems of Alabama
172
Retirement Systems of Alabama
Alabama
$55.6M
CIBC World Market
173
CIBC World Market
Ontario, Canada
$54.9M
RCM
174
RNC Capital Management
California
$54.3M
JSSH
175
J. Safra Sarasin Holding
$54.2M