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
FAN
2451
Financial Advisors Network
California
$202K
CC
2452
Cypress Capital
Tennessee
$202K
SIA
2453
Spectrum Investment Advisors
Wisconsin
$202K
TC
2454
T3 Companies
New York
$201K
FHB
2455
First Hawaiian Bank
Hawaii
$201K
EB
2456
Exchange Bank
California
$201K
GRR
2457
Golden Reserve Retirement
Ohio
$201K
TAFW
2458
Tred Avon Family Wealth
Maryland
$201K
FFS
2459
Flavin Financial Services
Florida
$201K
IWA
2460
IVC Wealth Advisors
Pennsylvania
$201K
CAC
2461
Core Alternative Capital
Georgia
$200K
WOSD
2462
WFA of San Diego
California
$200K
RFA
2463
Register Financial Advisors
Georgia
$200K
RS
2464
Rakuten Securities
Japan
$200K
TFIPS
2465
Towarzystwo Funduszy Inwestycyjnych PZU SA
$196K
OWP
2466
ORG Wealth Partners
Texas
$194K
FUBT
2467
First United Bank & Trust
Maryland
$193K
CT
2468
Clearstead Trust
Maine
$193K
SOW
2469
State of Wyoming
Wyoming
$192K
PWA
2470
Provenance Wealth Advisors
Florida
$192K
PS
2471
Pinney & Scofield
Massachusetts
$190K
DSC
2472
Daytona Street Capital
Missouri
$190K
WIM
2473
Westside Investment Management
California
$189K
AGWCA
2474
Annis Gardner Whiting Capital Advisors
Florida
$188K
RAM
2475
Reflection Asset Management
South Carolina
$187K