AEROVIRONMENT INC AVAV
COM · Common Stock · CUSIP 008073108 · ISIN US0080731088
Company that designs and manufactures UAVs for U.S. Department of Defense and allied military services
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($14.0m this quarter). Holder counts are more reliable. Shares outstanding: 28.1m as of 2023-11-29, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $126.05. Options: 17 managers hold calls ($54.1m notional), 14 hold puts ($43.0m).
Trends to Q4 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 273 |
| Q4 2022 | 251 |
| Q1 2023 | 266 |
| Q2 2023 | 272 |
| Q3 2023 | 302 |
| Q4 2023 | 322 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 95 | 125 |
| Q1 2023 | 116 | 105 |
| Q2 2023 | 135 | 112 |
| Q3 2023 | 152 | 108 |
| Q4 2023 | 153 | 141 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2023 | $11.6m | $9.6m | 0.83 |
| Q2 2023 | $30.7m | $24.3m | 0.79 |
| Q3 2023 | $42.1m | $33.0m | 0.78 |
| Q4 2023 | $54.1m | $43.0m | 0.79 |
Biggest buyers
| MORGAN STANLEY | Added | +433.6k |
| STATE STREET CORP | Added | +305.7k |
| LORD, ABBETT & CO. LLC | Added | +284.0k |
| VICTORY CAPITAL MANAGEMENT INC | Added | +166.6k |
| Nuveen Asset Management, LLC | Added | +166.4k |
| WELLINGTON MANAGEMENT GROUP LLP | Added | +144.6k |
| MACQUARIE GROUP LTD | New | +143.4k |
| Driehaus Capital Management LLC | New | +113.7k |
| JANE STREET GROUP, LLC | New | +99.2k |
| AXIOM INVESTORS LLC /DE | Added | +90.2k |
Biggest sellers
| Redwood Investments, LLC | Reduced | -124.5k |
| Stephens Investment Management Group LLC | Reduced | -111.8k |
| AMERICAN CAPITAL MANAGEMENT INC | Reduced | -110.8k |
| MARSHALL WACE, LLP | Sold out | -107.8k |
| BAILLIE GIFFORD & CO | Reduced | -105.2k |
| BlackRock Inc. | Reduced | -82.0k |
| CITADEL ADVISORS LLC | Sold out | -80.4k |
| FMR LLC | Reduced | -68.4k |
| Amova Asset Management Americas, Inc. | Reduced | -53.4k |
| Sumitomo Mitsui Trust Group, Inc. | Reduced | -53.3k |
Biggest calls
| CITADEL ADVISORS LLC | Added | $16.9m133.8k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $10.4m82.9k shares |
| IMC-Chicago, LLC | New | $4.8m38.1k shares |
| SIMPLEX TRADING, LLC | Added | $4.5m35.7k shares |
| Walleye Capital LLC | Added | $3.3m26.0k shares |
| JANE STREET GROUP, LLC | Added | $3.2m25.6k shares |
| WOLVERINE TRADING, LLC | New | $3.2m25.1k shares |
| Portman Square Capital LLP | Reduced | $2.9m23.1k shares |
| GTS SECURITIES LLC | Added | $1.4m11.3k shares |
| Walleye Trading LLC | Reduced | $1.2m9.7k shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $11.2m88.7k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $8.9m70.5k shares |
| Walleye Capital LLC | Added | $7.4m59.0k shares |
| Portman Square Capital LLP | Reduced | $4.7m36.9k shares |
| Walleye Trading LLC | Reduced | $2.9m22.8k shares |
| WOLVERINE TRADING, LLC | New | $2.7m21.4k shares |
| IMC-Chicago, LLC | New | $2.4m19.3k shares |
| SIMPLEX TRADING, LLC | Added | $1.2m9.6k shares |
| JANE STREET GROUP, LLC | Added | $756.2k6.0k shares |
| GTS SECURITIES LLC | Reduced | $542.0k4.3k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
Altitude V Holdings, LLC
13D · may seek influence
-1.2 pts · filed 2026-06-24
Stated purposeItem 4 of the Schedule 13D is hereby amended to include the following: On June 16, 2026, each of David Wodlinger and Henry Albers provided separate notices informing the Company of their resignation from the Company's board of directors (the "Board") effective June 17, 2026. Both Mr. Wodlinger and Mr. Albers noted in their separate letters that their decision to resign from the Board is not the result of any disagreement with management on any matter relating to the Company's operations, policies, or practices. As previously disclosed, on May 1, 2025, Mr. Wodlinger and Mr. Albers were appointed to the Board after being named designees of ACP V and ACP VI (collectively, the "Shareholder"), in accordance with the terms of the Shareholder's Agreement, which was previously filed as Exhibit 9… Full filing |
13.5% |
| BlackRock, Inc. 13G · institution -1.5 pts · filed 2026-07-27 | 6.7% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-26)
Insider purchases and sales in Q4 2023
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q1 2022 | 0 | — | 2 | $176.6k | — |
| Q2 2022 | 0 | — | 0 | — | — |
| Q3 2022 | 0 | — | 3 | $1.5m | — |
| Q4 2022 | 0 | — | 0 | — | — |
| Q1 2023 | 0 | — | 2 | $1.1m | — |
| Q2 2023 | 0 | — | 0 | — | — |
| Q3 2023 | 0 | — | 1 | $53.6k | — |
| Q4 2023 | 0 | — | 0 | — | — |
None reported in Q4 2023.
Holders, Q4 2023
| Manager | Shares | Change |
|---|---|---|
| BlackRock Inc. 0.01% of their portfolio | 4.5m $566.9m | Reduced -82.0k |
| VANGUARD GROUP INC 0.01% of their portfolio | 2.9m $367.5m | Added +54.5k |
| STATE STREET CORP 0.01% of their portfolio | 1.7m $210.4m | Added +305.7k |
| LORD, ABBETT & CO. LLC 0.31% of their portfolio | 1.4m $176.2m | Added +284.0k |
| AMERICAN CAPITAL MANAGEMENT INC 5.78% of their portfolio | 1.3m $169.0m | Reduced -110.8k |
| MORGAN STANLEY 0.00% of their portfolio | 732.4k $92.3m | Added +433.6k |
| Stephens Investment Management Group LLC 1.22% of their portfolio | 662.0k $83.4m | Reduced -111.8k |
| BAILLIE GIFFORD & CO 0.07% of their portfolio | 661.9k $83.4m | Reduced -105.2k |
| Heard Capital LLC 5.38% of their portfolio | 637.6k $80.4m | Reduced -43.6k |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 600.9k $75.7m | Reduced -11.1k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 571.4k $72.0m | Added +28.5k |
| ARK Investment Management LLC 0.37% of their portfolio | 494.8k $62.4m | Reduced -41.5k |
| FMR LLC 0.00% of their portfolio | 424.4k $53.5m | Reduced -68.4k |
| Sumitomo Mitsui Trust Group, Inc. 0.04% of their portfolio | 378.6k $47.7m | Reduced -53.3k |
| Amova Asset Management Americas, Inc. 0.46% of their portfolio | 378.1k $47.7m | Reduced -53.4k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 365.3k $46.0m | Reduced -23.2k |
| CONGRESS ASSET MANAGEMENT CO 0.32% of their portfolio | 322.4k $40.6m | Added +18.0k |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 303.4k $38.2m | Added +166.4k |
| Mirae Asset Global Investments Co., Ltd. 0.07% of their portfolio | 288.2k $36.3m | Added +4.7k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 278.3k $35.1m | Reduced -1.9k |
| Invesco Ltd. 0.01% of their portfolio | 262.9k $33.1m | Added +30.3k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 237.5k $29.9m | Added +5.7k |
| EMERALD ADVISERS, LLC 1.24% of their portfolio | 229.0k $28.9m | Reduced -2.0k |
| WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio | 221.7k $27.9m | Added +144.6k |
| EAGLE ASSET MANAGEMENT INC 0.14% of their portfolio | 213.5k $26.9m | Added +9.5k |
| EMERALD MUTUAL FUND ADVISERS TRUST 1.26% of their portfolio | 188.3k $23.7m | Unchanged |
| VICTORY CAPITAL MANAGEMENT INC 0.02% of their portfolio | 171.3k $21.6m | Added +166.6k |
| NEXT CENTURY GROWTH INVESTORS LLC 2.07% of their portfolio | 168.5k $21.2m | Added +36.0k |
| PINNACLE ASSOCIATES LTD 0.35% of their portfolio | 165.6k $20.9m | Reduced -3.6k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.01% of their portfolio | 152.7k $19.3m | Reduced -18.1k |
| MACQUARIE GROUP LTD 0.02% of their portfolio | 143.4k $18.1m | New |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 143.0k $18.0m | Reduced -1.1k |
| Fisher Asset Management, LLC 0.01% of their portfolio | 142.0k $17.9m | Reduced -8.4k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio | 118.4k $14.9m | Added +36.4k |
| Driehaus Capital Management LLC 0.17% of their portfolio | 113.7k $14.3m | New |
| AWM Investment Company, Inc. 1.83% of their portfolio | 110.3k $13.9m | Added +45.1k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 103.8k $13.1m | Added +14.4k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 102.9k $13.0m | Added +63.3k |
| AXIOM INVESTORS LLC /DE 0.13% of their portfolio | 102.2k $12.9m | Added +90.2k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 101.0k $12.7m | Added +39.1k |
| JANE STREET GROUP, LLC 0.02% of their portfolio | 99.2k $12.5m | New |
| FIRST TRUST ADVISORS LP 0.01% of their portfolio | 96.1k $12.1m | Reduced -17.6k |
| BNP PARIBAS FINANCIAL MARKETS 0.02% of their portfolio | 90.9k $11.5m | Added +56.1k |
| UBS Group AG 0.00% of their portfolio | 87.2k $11.0m | Added +14.7k |
| Legal & General Group Plc 0.00% of their portfolio | 78.3k $9.9m | Reduced -709 |
| NORGES BANK 0.00% of their portfolio | 77.6k $9.8m | Added +71.2k |
| RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio | 74.9k $9.4m | Reduced -7.5k |
| OBERWEIS ASSET MANAGEMENT INC/ 0.82% of their portfolio | 69.8k $8.8m | Added +700 |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 64.5k $8.1m | Added +35.6k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 62.7k $7.9m | Reduced -21.1k |
| PRUDENTIAL FINANCIAL INC 0.01% of their portfolio | 61.9k $7.8m | Reduced -5.2k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 60.5k $7.6m | Reduced -687 |
| Canal Insurance CO 2.09% of their portfolio | 60.0k $7.6m | Added +10.0k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 58.6k $7.4m | Reduced -14.4k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 56.6k $7.1m | Added +17.4k |
| Public Sector Pension Investment Board 0.05% of their portfolio | 54.6k $6.9m | Added +22.2k |
| BARCLAYS PLC 0.00% of their portfolio | 52.5k $6.6m | Added +33.5k |
| Swiss National Bank 0.00% of their portfolio | 51.8k $6.5m | Reduced -5.9k |
| CITIGROUP INC 0.01% of their portfolio | 51.2k $6.5m | Added +10.9k |
| CASTLEARK MANAGEMENT LLC 0.28% of their portfolio | 50.6k $6.4m | Added +7.2k |
| CWM, LLC 0.03% of their portfolio | 45.5k $5.7m | Reduced -2.2k |
| CW Advisors, LLC 0.10% of their portfolio | 43.9k $5.5m | Added +2.5k |
| Raymond James Financial Services Advisors, Inc. 0.01% of their portfolio | 43.4k $5.5m | Added +4.7k |
| Rockefeller Capital Management L.P. 0.02% of their portfolio | 42.7k $5.4m | Added +6.9k |
| CREDIT SUISSE AG/ 0.01% of their portfolio | 41.8k $5.3m | Reduced -419 |
| MOORE CAPITAL MANAGEMENT, LP 0.11% of their portfolio | 36.0k $4.5m | Reduced -2.6k |
| Walleye Capital LLC 0.06% of their portfolio | 35.2k $4.4m | Reduced -13.5k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 33.2k $4.2m | Reduced -180 |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 32.2k $4.1m | Added +18.6k |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 31.6k $4.3m | Added +28.9k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 27.7k $3.5m | Reduced -1.2k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.01% of their portfolio | 26.9k $3.4m | Added +3.4k |
| Redwood Investments, LLC 0.84% of their portfolio | 25.4k $3.2m | Reduced -124.5k |
| Bouvel Investment Partners, LLC 1.49% of their portfolio | 25.4k $3.2m | Added +999 |
| ClariVest Asset Management LLC 0.18% of their portfolio | 25.4k $3.2m | Reduced -4.0k |
| ROYCE & ASSOCIATES LP 0.03% of their portfolio | 25.0k $3.2m | Reduced -2.6k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.01% of their portfolio | 24.4k $3.1m | New |
| Assenagon Asset Management S.A. 0.01% of their portfolio | 23.6k $3.0m | Added +6.3k |
| Thrivent Financial for Lutherans 0.01% of their portfolio | 23.4k $3.0m | Reduced -555 |
| OSAIC HOLDINGS, INC. 0.01% of their portfolio | 23.1k $2.9m | Added +11.6k |
| TEXAS PERMANENT SCHOOL FUND CORP 0.02% of their portfolio | 22.7k $2.9m | Added +447 |
| CANADA LIFE ASSURANCE Co 0.01% of their portfolio | 21.3k $2.7m | Reduced -909 |
| CAPTRUST FINANCIAL ADVISORS 0.01% of their portfolio | 21.2k $2.7m | Added +658 |
| Allspring Global Investments Holdings, LLC 0.00% of their portfolio | 20.4k $2.6m | Added +19.2k |
| State of Tennessee, Department of Treasury 0.01% of their portfolio | 20.1k $2.5m | Added +1.2k |
| Aubrey Capital Management Ltd 1.07% of their portfolio | 20.0k $2.5m | Unchanged |
| Daiwa Securities Group Inc. 0.01% of their portfolio | 19.0k $2.4m | Added +244 |
| State of New Jersey Common Pension Fund D 0.01% of their portfolio | 18.5k $2.3m | Reduced -7.1k |
| CONNORS INVESTOR SERVICES INC 0.25% of their portfolio | 17.6k $2.2m | Reduced -12.6k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 17.6k $2.2m | Unchanged |
| SITTNER & NELSON, LLC 1.17% of their portfolio | 17.3k $2.2m | Unchanged |
| SEI INVESTMENTS CO 0.00% of their portfolio | 16.9k $2.1m | Added +40 |
| Illinois Municipal Retirement Fund 0.04% of their portfolio | 16.7k $2.1m | Added +4.4k |
| Quadrature Capital Ltd 0.04% of their portfolio | 16.6k $2.1m | Reduced -38.5k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.00% of their portfolio | 16.4k $2.1m | New |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 16.4k $2.1m | Added +953 |
| State of Alaska, Department of Revenue 0.02% of their portfolio | 16.2k $2.0m | Reduced -148 |
| PEAK6 Investments LLC 0.09% of their portfolio | 15.7k $2.0m | New |
| Private Advisory Group LLC 0.34% of their portfolio | 15.6k $2.0m | New |
| CenterBook Partners LP 0.24% of their portfolio | 15.6k $2.0m | Reduced -3.1k |