Will AT&T’s Refurbished Deal Be Just What These Top Institutional Shareholders Are Looking For?

AT&T, Inc. (NYSE:T) is now offering refurbished iPhone devices for only $99. Customers will have the ability to get Apple‘s most recent smartphone after signing a two-year contract for only half the normal price.  Apple is famous for the quality of their refurbished items, generally restoring their products to a nearly new condition.

Will AT&T’s shareholders increase their holdings? They reported owning a total of 2.861 billion shares on 09/30/2012. The shares closed at $37.27 on 09/30/2012.

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Here are the ten largest positions in AT&T, Inc. at the end of September 30th, 2012.

Vanguard Group Inc. held 252,857,730 shares on 09/30/2012 worth $9,532,736,614. This brought the portfolio total to 1.22%.

State Street Corp. held 241,742,184 shares on 09/30/2012 worth $9,113,680,521. This brought the portfolio total to 1.34%.

Blackrock Institutional Trust Company N.A. held 156,844,038 shares on 09/30/2012 worth $5,913,020,352. This brought the portfolio total to 1.35%.

Capital Research Global Investors held 134,715,930 shares on 09/30/2012 worth $5,078,790,664. This brought the portfolio total to 2.36%.

Bank of New York Mellon Corp held 92,607,297 shares on 09/30/2012 worth $3,491,295,168. This brought the portfolio total to 1.28%.

Price T. Rowe Associates Inc. /MD held 81,900,515 shares on 09/30/2012 worth $3,087,649,478. This brought the portfolio total to 0.91%.

Wellington Management Co LLP. held 78,960,955 shares on 09/30/2012 worth $2,976,828,064. This brought the portfolio total to 1.07%.

Northern Trust Corp. held 78,956,863 shares on 09/30/2012 worth $2,976,673,795. This brought the portfolio total to 1.24%.

Capital World Investors held 62,140,021 shares on 09/30/2012 worth $2,342,678,839. This brought the portfolio total to 0.88%.

Blackrock Fund Advisors held 55,395,098 shares on 09/30/2012 worth $2,088,395,237. This brought the portfolio total to 0.95%.

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