AT&T
2,420 hedge funds and large institutions have $107B invested in AT&T in 2020 Q3 according to their latest regulatory filings, with 99 funds opening new positions, 1,014 increasing their positions, 1,126 reducing their positions, and 122 closing their positions.
10% less repeat investments, than reductions
Existing positions increased: 1,014 | Existing positions reduced: 1,126
1.93% less ownership
Funds ownership: 71.46% → 69.53% (-1.9%)
2% less funds holding
Funds holding: 2,469 → 2,420 (-49)
8% less capital invested
Capital invested by funds: $116B → $107B (-$9.58B)
19% less first-time investments, than exits
New positions opened: 99 | Existing positions closed: 122
22% less call options, than puts
Call options by funds: $1.75B | Put options by funds: $2.24B
30% less funds holding in top 10
Funds holding in top 10: 115 → 80 (-35)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Voloridge Investment Management
Jupiter,
Florida
|
+$323M |
| 2 |
D.E. Shaw & Co
New York
|
+$208M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$143M |
| 4 |
JP Morgan Chase
New York
|
+$120M |
| 5 |
SCM
Shapiro Capital Management
Atlanta,
Georgia
|
+$116M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nordea Investment Management
Stockholm,
Sweden
|
-$705M |
| 2 |
Goldman Sachs
New York
|
-$288M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$283M |
| 4 |
BlackRock
New York
|
-$251M |
| 5 |
EIM
Elliott Investment Management
West Palm Beach,
Florida
|
-$148M |
T Hedge Fund Activity: Q3 2020 in Review
2,420 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in AT&T (T) for Q3 2020, worth a combined $107B — down 8.2% from $116B a quarter earlier.
Sellers outnumbered buyers: 122 funds closed out of T and 99 opened new positions — a net loss of 23 holders — while 1,126 trimmed existing stakes and 1,014 added.
The largest buyer was Voloridge Investment Management, adding an estimated $323M. The largest seller was Nordea Investment Management, cutting an estimated $705M.
- 2,420 institutional investors held AT&T (T) as of Q3 2020, down from 2,469 in Q2 2020.
- Funds reported $107B of AT&T stock for Q3 2020, down 8.2% quarter-over-quarter.
- 99 funds opened new AT&T positions in Q3 2020 and 122 closed out, a net change of -23 holders.
- The largest AT&T buyer in Q3 2020 was Voloridge Investment Management, an estimated $323M added.
- The largest AT&T seller in Q3 2020 was Nordea Investment Management, an estimated $705M sold.
Based on aggregated 13F filings for Q3 2020.