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
TWM
2001
TCFG Wealth Management
California
$332K
IP
2002
Intellectus Partners
California
$332K
CS
2003
Cannell & Spears
New York
$331K
PPW
2004
Parcion Private Wealth
Washington
$330K
BLWM
2005
Bucket List Wealth Management
Florida
$330K
WCM
2006
Windsor Capital Management
Arizona
$330K
NI
2007
NDVR Inc
Massachusetts
$330K
ISFAN
2008
Investor's Fiduciary Advisor Network
Washington
$329K
TPWM
2009
Twelve Points Wealth Management
Massachusetts
$329K
CIA
2010
Cohen Investment Advisors
New Hampshire
$328K
HW
2011
HORAN Wealth
Ohio
$327K
GG
2012
GenWealth Group
New Jersey
$326K
OAM
2013
Oak Asset Management
California
$326K
LFS
2014
Legacy Financial Strategies
Kansas
$326K
ClearBridge Investments
2015
ClearBridge Investments
New York
$324K
CB
2016
CNB Bank
Pennsylvania
$324K
SFS
2017
Symphony Financial Services
Ohio
$323K
ISWM
2018
Independent Solutions Wealth Management
New York
$323K
FFG
2019
Frisch Financial Group
New York
$323K
GWM
2020
GSB Wealth Management
Connecticut
$323K
FCA
2021
Fortis Capital Advisors
Kansas
$322K
ORC
2022
O'Rourke & Company
Massachusetts
$322K
SWM
2023
Segment Wealth Management
Texas
$322K
SPA
2024
Shore Point Advisors
New Jersey
$322K
BCP
2025
Blue Chip Partners
Michigan
$322K