Which funds own T
AT&T Inc in the Q2 2026 filings. At least 12 of the 91 current managers on file reported a position, worth $4.1bn between them. It is among the largest positions of fewer than a fifth of the current managers on file. The quarter went the other way: 9 managers trimmed or sold out against 5 buying.
- Managers holding
- 12
- at least, of 91 current
- Combined value
- $4.1bn
- as reported
- Opened
- 2
- new this quarter
- Added to
- 3
- already held
- Trimmed or sold out
- 9
- 3 sold out entirely
Only each manager’s largest 200 positions are listed here, so a smaller holder may be missing.
Managers reporting a position
Largest first. Weight is the share of that manager’s whole reported book, which is the number worth quoting: $400m is a rounding error in one book and a defining bet in another.
| Manager | Value | Weight | Shares | Change on the quarter | Action |
|---|---|---|---|---|---|
| Capital World Investors Long-only · $846bn book | $1.2bn | 0.1% | 59,003,661 | -$1.9bn-50,240,073 | Trimmed |
| Capital Research Global Investors Long-only · $717bn book | $928m | 0.1% | 44,833,995 | -$857m-16,738,388 | Trimmed |
| Arrowstreet Capital LP Quantitative · $225bn book | $636m | 0.3% | 30,708,439 | +$95m+12,039,534 | Added |
| D. E. Shaw & Co. Quantitative · $210bn book | $498m | 0.2% | 24,079,356 | -$155m+1,555,147 | Added |
| AllianceBernstein LP Long-only · $302bn book | $329m | 0.1% | 11,355,329 | -$58m-4,248,408 | Trimmed |
| Acadian Asset Management LLC Quantitative · $84.2bn book | $131m | 0.2% | 6,304,822 | -$54m-43,573 | Trimmed |
| Voloridge Investment Management LLC Quantitative · $23.5bn book | $127m | 0.5% | 6,138,738 | opened6,138,738 | New |
| Man Group PLC Quantitative · $62.7bn book | $84m | 0.1% | 4,034,397 | -$18m+542,588 | Added |
| Woodline Partners LP Long/short equity · $32.4bn book | $78m | 0.2% | 3,748,141 | -$31m-8,473 | Trimmed |
| Davidson Kempner Capital Management LP Long/short equity · $8.4bn book | $33m | 0.4% | 1,603,000 | -$13m0 | Held |
| GAMCO Investors Inc Activist · $11.1bn book | $15m | 0.1% | 700,878 | -$6.4m-20,225 | Trimmed |
| Quantbot Technologies LP Quantitative · $2.5bn book | $6.8m | 0.3% | 330,330 | opened330,330 | New |
Sold out of this quarter
Valued at what the position was worth in the previous filing, because by this one it is gone.
- Holocene Advisors LP · Long/short equity$29m held before
- Freestone Grove Partners LP · Multi-strategy$23m held before
- Winton Group Ltd · Quantitative$7.4m held before
Ownership through time
At least 25 of the 95 managers whose filings are on file listed T in Q2 2026, against 21 in Q2 2013. The same number as in Q1 2026: 5 started positions; 3 listed it again; 1 sold out, by its own filing; 7 no longer listed it among the positions read, which can mean a holding below the listed range or a filing not yet made.
Each manager’s largest 500 positions a quarter are read, so a small holding in a very large book can be missing, and a manager is counted as leaving only where its own filing shows it.
- Q2 2013: 21
- Q3 2013: 21
- Q4 2013: 23
- Q1 2014: 23
- Q2 2014: 20
- Q3 2014: 23
- Q4 2014: 15
- Q1 2015: 19
- Q2 2015: 24
- Q3 2015: 25
- Q4 2015: 24
- Q1 2016: 24
- Q2 2016: 26
- Q3 2016: 21
- Q4 2016: 23
- Q1 2017: 19
- Q2 2017: 22
- Q3 2017: 18
- Q4 2017: 18
- Q1 2018: 23
- Q2 2018: 36
- Q3 2018: 34
- Q4 2018: 28
- Q1 2019: 21
- Q2 2019: 18
- Q3 2019: 19
- Q4 2019: 20
- Q1 2020: 27
- Q2 2020: 27
- Q3 2020: 22
- Q4 2020: 21
- Q1 2021: 26
- Q2 2021: 29
- Q3 2021: 30
- Q4 2021: 30
- Q1 2022: 33
- Q2 2022: 25
- Q3 2022: 30
- Q4 2022: 21
- Q1 2023: 24
- Q2 2023: 28
- Q3 2023: 24
- Q4 2023: 31
- Q1 2024: 27
- Q2 2024: 33
- Q3 2024: 25
- Q4 2024: 30
- Q1 2025: 34
- Q2 2025: 31
- Q3 2025: 30
- Q4 2025: 28
- Q1 2026: 25
- Q2 2026: 25
- Q2 2013: $11.0bn
- Q3 2013: $10.1bn
- Q4 2013: $9.1bn
- Q1 2014: $8.0bn
- Q2 2014: $7.2bn
- Q3 2014: $7.0bn
- Q4 2014: $6.2bn
- Q1 2015: $7.2bn
- Q2 2015: $8.7bn
- Q3 2015: $12.0bn
- Q4 2015: $11.6bn
- Q1 2016: $11.5bn
- Q2 2016: $12.5bn
- Q3 2016: $11.2bn
- Q4 2016: $10.9bn
- Q1 2017: $10.4bn
- Q2 2017: $8.9bn
- Q3 2017: $8.6bn
- Q4 2017: $7.6bn
- Q1 2018: $7.6bn
- Q2 2018: $10.0bn
- Q3 2018: $10.4bn
- Q4 2018: $7.5bn
- Q1 2019: $6.9bn
- Q2 2019: $6.6bn
- Q3 2019: $7.1bn
- Q4 2019: $6.8bn
- Q1 2020: $5.3bn
- Q2 2020: $4.7bn
- Q3 2020: $4.5bn
- Q4 2020: $4.1bn
- Q1 2021: $5.7bn
- Q2 2021: $7.0bn
- Q3 2021: $7.5bn
- Q4 2021: $9.0bn
- Q1 2022: $7.3bn
- Q2 2022: $5.2bn
- Q3 2022: $3.3bn
- Q4 2022: $3.4bn
- Q1 2023: $4.9bn
- Q2 2023: $3.2bn
- Q3 2023: $4.2bn
- Q4 2023: $6.0bn
- Q1 2024: $5.2bn
- Q2 2024: $6.8bn
- Q3 2024: $7.9bn
- Q4 2024: $8.5bn
- Q1 2025: $11.0bn
- Q2 2025: $11.8bn
- Q3 2025: $11.0bn
- Q4 2025: $10.2bn
- Q1 2026: $11.7bn
- Q2 2026: $6.7bn
Between the quarter ends of Q1 2026 and Q2 2026. Each change in shares is valued at the Q2 2026 price, so the price’s own move is left out; a 13F shows the two quarter ends, not when in between anything was bought or sold.
Started in Q2 2026
Largest increases, by shares
- Arrowstreet Capital LP18,668,905 to 30,708,439 shares+$249m
- Voloridge Investment Management LLCnew: 6,138,738 shares+$127m
- D. E. Shaw & Co.22,524,209 to 24,079,356 shares+$32m
- Schonfeld Strategic Advisors LLCnew: 937,761 shares+$19m
- Walleye Capital LLCnew: 889,168 shares+$18m
Largest decreases, by shares
- Capital World Investors109,243,734 to 59,003,661 shares-$1.0bn
- Fidelity (FMR LLC)57,669,258 to 40,316,993 shares-$359m
- Capital Research Global Investors61,572,383 to 44,833,995 shares-$346m
- AllianceBernstein LP15,603,737 to 11,355,329 shares-$123m
- Invesco Ltd47,877,314 to 42,616,408 shares-$109m
Left it
- Winton Group Ltdwas $7.4m
| Manager | Value over time | First listed | Largest | Q2 2026 |
|---|---|---|---|---|
| Capital World Investors | Q2 2013 | $3.2bn | $1.2bn | |
| Capital Research Global Investors | Q2 2013 | $3.6bn | $928m | |
| Invesco Ltd | Q2 2013 | $1.7bn | $882m | |
| Fidelity (FMR LLC) | Q2 2013 | $3.5bn | $835m | |
| Arrowstreet Capital LP | Q1 2017 | $1.8bn | $636m | |
| D. E. Shaw & Co. | Q2 2013 | $745m | $498m | |
| AllianceBernstein LP | Q2 2013 | $690m | $329m | |
| AQR Capital Management LLC | Q2 2013 | $529m | $313m | |
| T. Rowe Price Associates Inc | Q2 2013 | $2.2bn | $217m | |
| Acadian Asset Management LLC | Q3 2013 | $453m | $130m | |
| Millennium Management LLC | Q4 2013 | $662m | $127m | |
| Voloridge Investment Management LLC | Q2 2015 | $347m | $127m | |
| Man Group PLC | Q1 2018 | $180m | $84m | |
| Balyasny Asset Management LLC | Q1 2015 | $184m | $79m | |
| Woodline Partners LP | Q4 2019 | $227m | $78m | |
| Berkshire Hathaway Inc | Q3 2015 | $1.9bn | last listed Q4 2015 | |
| Dodge & Cox | Q2 2013 | $1.5bn | last listed Q4 2021 | |
| Citadel Advisors LLC | Q4 2015 | $1.1bn | last listed Q3 2025 | |
| MFS Investment Management | Q2 2013 | $960m | last listed Q3 2017 | |
| Wellington Management Group LLP | Q2 2013 | $850m | last listed Q1 2026 | |
| Susquehanna International Group LLP | Q2 2013 | $839m | last listed Q4 2023 | |
| Renaissance Technologies LLC | Q4 2013 | $461m | last listed Q4 2025 | |
| Two Sigma Advisers LP | Q2 2013 | $375m | last listed Q4 2025 | |
| Baupost Group LLC | Q2 2018 | $304m | last listed Q2 2018 | |
| Appaloosa LP | Q2 2020 | $274m | last listed Q3 2020 |
What T is worth
Knowing who owns it is half the question. The other half is what it is worth against the companies it trades beside, which is the one an interviewer will follow up with.
Build the comp set around T →How much of the picture this is
A Form 13F reports US-listed long equity and nothing else: no shorts, no bonds, no cash and no non-US listings. It arrives forty-five days after the quarter ends, so a manager who sold in July still shows the position in a filing published in August. This page reads the managers on file here rather than every filer in the market, and each manager’s largest positions rather than the whole table, so a small position in a very large book may not appear. Say “their last filing showed” rather than “they own”, and the distinction will do you credit.
What to do with a name the funds are buying
Knowing who owns something is the start of a pitch, not the pitch. The next questions are what it is worth and why they were buying.
Company names, tickers and logos are the trademarks of their respective owners and appear here to identify the company whose public figures are being used. L3VLUP is not affiliated with, sponsored by or endorsed by any company shown, and nothing here is a statement by or about that company. More
The holdings, every quarter, and the week between
One email a week on what moved in the market and what it means for the people interviewing into it, with the 13F changes the quarter they are filed.
One email a week, free, and you can leave at any point.