Will AT&T’s Agreement With Atlantic Tele-Network Ring the Bell With These Top Institutional Shareholders?

AT&T, Inc. (NYSE:T) announced their agreement to acquire the retail wireless operations, including wireless properties, licenses, network assets, retail stores and about 585,000 subscribers, from Atlantic Tele-Network Inc. (NASDAQ:ATNI) for $780 billion in cash. The latter operates under the Alltel brand name. United States Spectrum, owned by ATNI, in the 700 Mhz, 850 Mhz and 1900 MHz bands will also be included in the acquisition. The transaction is likely to close in the second half of 2013, subject to regulatory approvals.

Will AT&T, Inc.’s shareholders increase their holdings? They reported owning a total of 59.98 million shares on 12/31/2012. The shares closed at $33.28 on 12/31/2012.

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Here are the ten largest positions in AT&T, Inc. at the end of December 31st, 2012.

Fisher Asset Management LLC. held 6,136,508 shares on 12/31/2012 worth $206,861,679. This brought the portfolio total to 0.57%.

Chevy Chase Trust Holdings Inc. held 4,694,542 shares on 12/31/2012 worth $158,253,007. This brought the portfolio total to 1.51%.

Hexavest Inc. held 4,145,006 shares on 12/31/2012 worth $139,728,148. This brought the portfolio total to 2.7%.

Stralem & Co Inc. held 3,385,530 shares on 12/31/2012 worth $114,126,213. This brought the portfolio total to 3.53%.

Texas Permanent School Fund held 3,141,551 shares on 12/31/2012 worth $105,901,681. This brought the portfolio total to 1.15%.

Capstone Investment Advisors LLC. held 2,463,300 shares on 12/31/2012 worth $83,037,000. This brought the portfolio total to 0.62%.

Shell Asset Management Co. held 2,147,093 shares on 12/31/2012 worth $72,378,503. This brought the portfolio total to 1.4%.

AGF Investments Inc. held 1,915,872 shares on 12/31/2012 worth $64,584,043. This brought the portfolio total to 0.79%.

Exxonmobil Investment Management Inc. /TX held 1,817,577 shares on 12/31/2012 worth $61,270,519. This brought the portfolio total to 1.5%.

Oakbrook Investments LLC. held 1,704,079 shares on 12/31/2012 worth $57,444,502. This brought the portfolio total to 1.89%.

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