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
Nomura Asset Management
151
Nomura Asset Management
Japan
$70.5M
Handelsbanken Fonder
152
Handelsbanken Fonder
Sweden
$70.4M
MSV
153
MN Services Vermogensbeheer
Netherlands
$69.1M
HighTower Advisors
154
HighTower Advisors
Illinois
$67.4M
State of Tennessee, Department of Treasury
155
State of Tennessee, Department of Treasury
Tennessee
$67.3M
Marshall Wace
156
Marshall Wace
United Kingdom
$65.2M
CAPTRUST Financial Advisors
157
CAPTRUST Financial Advisors
North Carolina
$64.1M
ZIM
158
Zacks Investment Management
Illinois
$64.1M
Teacher Retirement System of Texas
159
Teacher Retirement System of Texas
Texas
$62.9M
Cambridge Investment Research Advisors
160
Cambridge Investment Research Advisors
Iowa
$62.7M
RAM
161
Resona Asset Management
Japan
$62.7M
State of New Jersey Common Pension Fund D
162
State of New Jersey Common Pension Fund D
New Jersey
$60.8M
QCM
163
Quantinno Capital Management
New York
$59.7M
CCMG
164
Clark Capital Management Group
Pennsylvania
$58M
FWIA
165
Fort Washington Investment Advisors
Ohio
$57.9M
DnB Asset Management
166
DnB Asset Management
Norway
$57.9M
Carson Wealth (CWM LLC)
167
Carson Wealth (CWM LLC)
Nebraska
$57.5M
LF
168
Lansforsakringar Fondforvaltning
Sweden
$57.4M
FAF
169
Fjarde Ap-fonden
Sweden
$57M
Natixis Advisors
170
Natixis Advisors
Massachusetts
$56.2M
Retirement Systems of Alabama
171
Retirement Systems of Alabama
Alabama
$55.6M
CIBC World Market
172
CIBC World Market
Ontario, Canada
$54.9M
RCM
173
RNC Capital Management
California
$54.3M
JSSH
174
J. Safra Sarasin Holding
$54.2M
SOMRS
175
State of Michigan Retirement System
Michigan
$53.9M