2,795 hedge funds and large institutions have $115B invested in AT&T in 2025 Q4 according to their latest regulatory filings, with 270 funds opening new positions, 1,031 increasing their positions, 1,255 reducing their positions, and 242 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 (-$14.4B)

18% less repeat investments, than reductions

Existing positions increased: 1,031 | Existing positions reduced: 1,255

38% less funds holding in top 10

Funds holding in top 10: 4226 (-16)

Holders
2,795
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
$1.2B
Puts
$1.04B
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
AA
2276
Argent Advisors
Louisiana
$238K
HWA
2277
Heritage Wealth Advisors
Virginia
$238K
CCS
2278
Concentric Capital Strategies
Connecticut
$238K
HKAM
2279
Horizon Kinetics Asset Management
New York
$237K
MAWCM
2280
Mine & Arao Wealth Creation & Management
California
$237K
TFA
2281
Transamerica Financial Advisors
Florida
$237K
BI
2282
Breachway Investments
Rhode Island
$237K
SOAMC
2283
Spirit of America Management Corp
New York
$236K
HT
2284
Headlands Technologies
Illinois
$236K
HPM
2285
Hoxton Planning & Management
West Virginia
$235K
FIC
2286
Family Investment Center
Missouri
$235K
IPW
2287
Impact Partnership Wealth
Georgia
$235K
SDAM
2288
Shulman DeMeo Asset Management
New York
$235K
TAM
2289
TCP Asset Management
Ohio
$235K
DWM
2290
Darwin Wealth Management
Florida
$234K
LWM
2291
LeConte Wealth Management
Tennessee
$234K
EG
2292
Ellerson Group
Maryland
$233K
VIM
2293
Vancity Investment Management
British Columbia, Canada
$233K
HBWM
2294
Hollow Brook Wealth Management
New York
$233K
YIM
2295
Yoffe Investment Management
Pennsylvania
$232K
MWM
2296
MGB Wealth Management
Texas
$232K
EHWM
2297
Eads & Heald Wealth Management
Georgia
$231K
BTIM
2298
BancFirst Trust & Investment Management
Oklahoma
$230K
PAA
2299
Peregrine Asset Advisers
Oregon
$230K
CC
2300
Cultivar Capital
Texas
$230K