Telefonica
TEF was delisted on the 16th of January, 2026.
245 hedge funds and large institutions have $236M invested in Telefonica in 2025 Q4 according to their latest regulatory filings, with 41 funds opening new positions, 52 increasing their positions, 104 reducing their positions, and 40 closing their positions.
3% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 40
0.15% less ownership
Funds ownership: 1.18% → 1.03% (-0.15%)
2% less funds holding
Funds holding: 250 → 245 (-5)
31% less capital invested
Capital invested by funds: $340M → $236M (-$104M)
50% less repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 104
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OC
Oppenheimer & Co
New York
|
+$6.64M |
| 2 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$4.84M |
| 3 |
Barclays
London,
United Kingdom
|
+$3.78M |
| 4 |
Optiver Holding
Amsterdam,
Netherlands
|
+$3.26M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
+$2.86M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$20.9M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$20M |
| 3 |
Goldman Sachs
New York
|
-$6.98M |
| 4 |
Northern Trust
Chicago,
Illinois
|
-$3.12M |
| 5 |
CWP
Capital Wealth Planning
Naples,
Florida
|
-$2.64M |
TEF Hedge Fund Activity: Q4 2025 in Review
245 of the 8,226 institutional investors tracked by Wall St. Rank reported a position in Telefonica (TEF) for Q4 2025, worth a combined $236M — down 31% from $340M a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new TEF positions and 40 closed out — a net gain of 1 holder — while 52 added to existing stakes and 104 trimmed.
The largest buyer was Oppenheimer & Co, adding an estimated $6.64M. The largest seller was Morgan Stanley, cutting an estimated $20.9M.
- 245 institutional investors held Telefonica (TEF) as of Q4 2025, down from 250 in Q3 2025.
- Funds reported $236M of Telefonica stock for Q4 2025, down 31% quarter-over-quarter.
- 41 funds opened new Telefonica positions in Q4 2025 and 40 closed out, a net change of +1 holder.
- The largest Telefonica buyer in Q4 2025 was Oppenheimer & Co, an estimated $6.64M added.
- The largest Telefonica seller in Q4 2025 was Morgan Stanley, an estimated $20.9M sold.
Based on aggregated 13F filings for Q4 2025.