AT&T
2,882 hedge funds and large institutions have $136B invested in AT&T in 2025 Q2 according to their latest regulatory filings, with 215 funds opening new positions, 1,292 increasing their positions, 1,090 reducing their positions, and 150 closing their positions.
43% more first-time investments, than exits
New positions opened: 215 | Existing positions closed: 150
19% more repeat investments, than reductions
Existing positions increased: 1,292 | Existing positions reduced: 1,090
18% more call options, than puts
Call options by funds: $1.7B | Put options by funds: $1.45B
1% more funds holding
Funds holding: 2,859 → 2,882 (+23)
0.31% more ownership
Funds ownership: 64.66% → 64.97% (+0.31%)
2% less capital invested
Capital invested by funds: $138B → $136B (-$2.47B)
29% less funds holding in top 10
Funds holding in top 10: 78 → 55 (-23)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
+$1.16B |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$284M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
+$228M |
| 4 |
Marshall Wace
London,
United Kingdom
|
+$224M |
| 5 |
State Street
Boston,
Massachusetts
|
+$204M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$784M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$503M |
| 3 |
Capital World Investors
Los Angeles,
California
|
-$358M |
| 4 |
OTPPB
Ontario Teachers' Pension Plan Board
Toronto,
Ontario, Canada
|
-$217M |
| 5 |
Alyeska Investment Group
Chicago,
Illinois
|
-$187M |
T Hedge Fund Activity: Q2 2025 in Review
2,882 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in AT&T (T) for Q2 2025, worth a combined $136B — down 1.8% from $138B a quarter earlier.
Buyers outnumbered sellers: 215 funds opened new T positions and 150 closed out — a net gain of 65 holders — while 1,292 added to existing stakes and 1,090 trimmed.
The largest buyer was Capital Research Global Investors, adding an estimated $1.16B. The largest seller was Fidelity Investments, cutting an estimated $784M.
- 2,882 institutional investors held AT&T (T) as of Q2 2025, up from 2,859 in Q1 2025.
- Funds reported $136B of AT&T stock for Q2 2025, down 1.8% quarter-over-quarter.
- 215 funds opened new AT&T positions in Q2 2025 and 150 closed out, a net change of +65 holders.
- The largest AT&T buyer in Q2 2025 was Capital Research Global Investors, an estimated $1.16B added.
- The largest AT&T seller in Q2 2025 was Fidelity Investments, an estimated $784M sold.
Based on aggregated 13F filings for Q2 2025.