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
GC
1801
GatePass Capital
Ohio
$415K
WA
1802
WBH Advisory
Maryland
$414K
IIA
1803
Integral Investment Advisors
California
$414K
SAW
1804
Signal Advisors Wealth
Michigan
$413K
PFA
1805
Providence Financial Advisors
Kansas
$413K
FFBTD
1806
First Financial Bank - Trust Division
Ohio
$413K
GWM
1807
Gibbs Wealth Management
Georgia
$412K
6F
1808
626 Financial
Michigan
$412K
WW
1809
Waterfront Wealth
Kansas
$411K
NC
1810
North Capital
Utah
$411K
CCG
1811
Chatham Capital Group
Georgia
$410K
JRPIM
1812
Journey Retirement Planning & Investment Management
Idaho
$410K
GA
1813
GFS Advisors
Texas
$410K
UF
1814
Univest Financial
Pennsylvania
$410K
WA
1815
Waddell & Associates
Tennessee
$410K
WAM
1816
Watershed Asset Management
California
$409K
IPWA
1817
International Private Wealth Advisors
California
$409K
MAM
1818
MMA Asset Management
Pennsylvania
$408K
PP
1819
Patten & Patten
Tennessee
$408K
TWP
1820
Tempus Wealth Planning
California
$407K
RHDIC
1821
R.H. Dinel Investment Counsel
California
$407K
LBC
1822
Leigh Baldwin & Co
New York
$407K
TFS
1823
Thoroughbred Financial Services
Tennessee
$407K
KIG
1824
Kennedy Investment Group
New Jersey
$406K
WMA
1825
William Mack & Associates
Michigan
$405K