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 ($68.4m this quarter). Holder counts are more reliable. Shares outstanding: 45.7m as of 2025-06-18, 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 ≈ $284.82. Options: 23 managers hold calls ($239.0m notional), 17 hold puts ($268.5m).
Trends to Q2 2025
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 |
| Q1 2024 | 369 |
| Q2 2024 | 408 |
| Q3 2024 | 421 |
| Q4 2024 | 411 |
| Q1 2025 | 383 |
| Q2 2025 | 493 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2023 | 152 | 108 |
| Q4 2023 | 153 | 141 |
| Q1 2024 | 190 | 135 |
| Q2 2024 | 213 | 164 |
| Q3 2024 | 205 | 178 |
| Q4 2024 | 210 | 194 |
| Q1 2025 | 188 | 196 |
| Q2 2025 | 296 | 172 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2024 | $66.5m | $75.5m | 1.13 |
| Q4 2024 | $76.3m | $85.1m | 1.12 |
| Q1 2025 | $42.9m | $42.3m | 0.98 |
| Q2 2025 | $239.0m | $268.5m | 1.12 |
Biggest buyers
| VANGUARD GROUP INC | Added | +433.8k |
| Driehaus Capital Management LLC | New | +293.9k |
| Invesco Ltd. | Added | +262.2k |
| T. Rowe Price Investment Management, Inc. | New | +258.9k |
| VAN ECK ASSOCIATES CORP | Added | +224.7k |
| ROYAL BANK OF CANADA | Added | +201.1k |
| FMR LLC | Added | +186.3k |
| Portolan Capital Management, LLC | New | +178.8k |
| Bank of New York Mellon Corp | Added | +139.9k |
| UBS Group AG | Added | +94.7k |
Biggest sellers
| Alyeska Investment Group, L.P. | Reduced | -415.2k |
| Point72 Asset Management, L.P. | Sold out | -383.7k |
| Heard Capital LLC | Reduced | -286.3k |
| STATE STREET CORP | Reduced | -256.2k |
| AMERICAN CAPITAL MANAGEMENT INC | Reduced | -190.5k |
| BlackRock, Inc. | Reduced | -146.1k |
| Stephens Investment Management Group LLC | Reduced | -129.6k |
| Walleye Capital LLC | Reduced | -107.6k |
| DIMENSIONAL FUND ADVISORS LP | Reduced | -100.6k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -85.7k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $67.2m235.7k shares |
| CITADEL ADVISORS LLC | Added | $42.3m148.3k shares |
| IMC-Chicago, LLC | Added | $34.7m121.7k shares |
| PEAK6 LLC | Added | $21.1m74.0k shares |
| JANE STREET GROUP, LLC | Added | $16.6m58.1k shares |
| BANK OF AMERICA CORP /DE/ | New | $16.4m57.6k shares |
| GROUP ONE TRADING LLC | Added | $9.5m33.2k shares |
| Cubist Systematic Strategies, LLC | Added | $8.7m30.5k shares |
| SIMPLEX TRADING, LLC | Added | $5.5m19.3k shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $4.9m17.2k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $67.0m235.0k shares |
| CITADEL ADVISORS LLC | Added | $50.3m176.5k shares |
| IMC-Chicago, LLC | Added | $45.1m158.2k shares |
| BANK OF AMERICA CORP /DE/ | New | $36.4m127.7k shares |
| JANE STREET GROUP, LLC | Added | $17.7m62.0k shares |
| Cubist Systematic Strategies, LLC | Added | $13.2m46.4k shares |
| SIMPLEX TRADING, LLC | Added | $9.7m33.9k shares |
| Walleye Capital LLC | Added | $8.5m29.8k shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $7.1m24.9k shares |
| GROUP ONE TRADING LLC | Added | $5.8m20.3k 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 Q2 2025
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 |
|---|---|---|---|---|---|
| Q3 2023 | 0 | — | 1 | $53.6k | — |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 0 | — | 2 | $526.8k | — |
| Q2 2024 | 0 | — | 0 | — | — |
| Q3 2024 | 0 | — | 2 | $1.9m | $258.5k |
| Q4 2024 | 0 | — | 1 | $373.6k | $373.6k |
| Q1 2025 | 0 | — | 1 | $3.8m | — |
| Q2 2025 | 0 | — | 0 | — | — |
None reported in Q2 2025.
Holders, Q2 2025
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.02% of their portfolio | 4.4m $1.3bn | Reduced -146.1k |
| VANGUARD GROUP INC 0.02% of their portfolio | 3.5m $991.1m | Added +433.8k |
| BAILLIE GIFFORD & CO 0.41% of their portfolio | 1.9m $552.4m | Reduced -41.5k |
| STATE STREET CORP 0.02% of their portfolio | 1.7m $490.7m | Reduced -256.2k |
| AMERICAN CAPITAL MANAGEMENT INC 8.95% of their portfolio | 757.4k $215.8m | Reduced -190.5k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 678.4k $193.3m | Added +6.5k |
| Stephens Investment Management Group LLC 2.38% of their portfolio | 633.9k $180.6m | Reduced -129.6k |
| Invesco Ltd. 0.03% of their portfolio | 609.0k $173.5m | Added +262.2k |
| VAN ECK ASSOCIATES CORP 0.19% of their portfolio | 584.6k $166.6m | Added +224.7k |
| Heard Capital LLC 8.23% of their portfolio | 553.0k $157.6m | Reduced -286.3k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.29% of their portfolio | 531.1k $151.3m | Added +74.6k |
| AMERIPRISE FINANCIAL INC 0.04% of their portfolio | 504.3k $143.7m | Added +74.0k |
| Alyeska Investment Group, L.P. 0.49% of their portfolio | 487.6k $138.9m | Reduced -415.2k |
| ALLIANCEBERNSTEIN L.P. 0.04% of their portfolio | 477.1k $135.9m | Added +32.7k |
| UBS Group AG 0.03% of their portfolio | 444.6k $126.7m | Added +94.7k |
| MORGAN STANLEY 0.01% of their portfolio | 408.2k $116.3m | Added +60.8k |
| DIMENSIONAL FUND ADVISORS LP 0.03% of their portfolio | 406.6k $115.8m | Reduced -100.6k |
| Bank of New York Mellon Corp 0.02% of their portfolio | 398.8k $113.6m | Added +139.9k |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 366.5k $104.4m | Added +42.7k |
| CONGRESS ASSET MANAGEMENT CO 0.67% of their portfolio | 342.3k $97.5m | Reduced -21.1k |
| ARK Investment Management LLC 0.65% of their portfolio | 310.8k $88.6m | Added +29.4k |
| ROYAL BANK OF CANADA 0.01% of their portfolio | 305.7k $87.1m | Added +201.1k |
| Fisher Asset Management, LLC 0.03% of their portfolio | 297.2k $84.7m | Added +36.8k |
| Driehaus Capital Management LLC 0.67% of their portfolio | 293.9k $83.7m | New |
| NORTHERN TRUST CORP 0.01% of their portfolio | 291.4k $83.0m | Reduced -1.8k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 287.4k $81.9m | Added +22.3k |
| NORGES BANK 0.01% of their portfolio | 265.6k $75.7m | Reduced -45.1k |
| VOYA INVESTMENT MANAGEMENT LLC 0.07% of their portfolio | 263.7k $75.1m | Reduced -83.3k |
| T. Rowe Price Investment Management, Inc. 0.05% of their portfolio | 258.9k $73.8m | New |
| EMERALD ADVISERS, LLC 2.64% of their portfolio | 252.7k $72.0m | Added +27.9k |
| Sumitomo Mitsui Trust Group, Inc. 0.04% of their portfolio | 212.3k $60.5m | Added +14.0k |
| Amova Asset Management Americas, Inc. 0.59% of their portfolio | 208.7k $59.5m | Added +12.2k |
| WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio | 196.3k $55.9m | Added +34.2k |
| RAYMOND JAMES FINANCIAL INC 0.02% of their portfolio | 193.4k $55.1m | Reduced -73.1k |
| FMR LLC 0.00% of their portfolio | 188.7k $53.8m | Added +186.3k |
| PRINCIPAL FINANCIAL GROUP INC 0.03% of their portfolio | 182.6k $52.0m | Added +42.8k |
| Portolan Capital Management, LLC 3.19% of their portfolio | 178.8k $51.0m | New |
| Nuveen, LLC 0.01% of their portfolio | 174.2k $49.6m | Reduced -23.0k |
| EMERALD MUTUAL FUND ADVISERS TRUST 2.46% of their portfolio | 141.8k $40.4m | Added +10.8k |
| Mitsubishi UFJ Trust & Banking Corp 0.08% of their portfolio | 122.3k $34.9m | Reduced -15.8k |
| AWM Investment Company, Inc. 3.64% of their portfolio | 113.9k $32.5m | Reduced -15.9k |
| PINNACLE ASSOCIATES LTD 0.42% of their portfolio | 100.7k $28.7m | Reduced -55.1k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 100.3k $28.6m | Reduced -4.4k |
| Public Sector Pension Investment Board 0.12% of their portfolio | 96.1k $27.4m | Added +7.3k |
| TOCQUEVILLE ASSET MANAGEMENT L.P. 0.39% of their portfolio | 90.6k $25.8m | Reduced -50.3k |
| BARCLAYS PLC 0.01% of their portfolio | 90.0k $25.6m | Reduced -21.6k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 84.6k $24.1m | Added +25.9k |
| BLAIR WILLIAM & CO/IL 0.07% of their portfolio | 84.3k $24.0m | Added +35.3k |
| LORD, ABBETT & CO. LLC 0.08% of their portfolio | 83.9k $23.9m | New |
| Legal & General Group Plc 0.01% of their portfolio | 83.3k $23.7m | Added +2.3k |
| NEUBERGER BERMAN GROUP LLC 0.02% of their portfolio | 73.4k $20.9m | Added +19.0k |
| Canal Insurance CO 4.46% of their portfolio | 70.0k $19.9m | Unchanged |
| Russell Investments Group, Ltd. 0.03% of their portfolio | 69.3k $19.6m | Added +598 |
| Rockefeller Capital Management L.P. 0.02% of their portfolio | 67.3k $19.2m | Added +27.7k |
| RHUMBLINE ADVISERS 0.02% of their portfolio | 66.2k $18.9m | Added +3.2k |
| LPL Financial LLC 0.01% of their portfolio | 65.6k $18.7m | Added +29.2k |
| CITIGROUP INC 0.01% of their portfolio | 65.1k $18.5m | Reduced -43.7k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 64.3k $18.3m | Added +10.2k |
| Vident Advisory, LLC 0.20% of their portfolio | 64.0k $18.2m | Added +18.1k |
| FIRST TRUST ADVISORS LP 0.01% of their portfolio | 63.0k $17.9m | Reduced -10.2k |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 59.5k $16.9m | Added +4.6k |
| MACQUARIE GROUP LTD 0.02% of their portfolio | 56.8k $16.2m | Added +14.3k |
| Swiss National Bank 0.01% of their portfolio | 53.9k $15.4m | Reduced -800 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.02% of their portfolio | 51.9k $14.8m | Reduced -36.2k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 49.0k $14.0m | Added +28.3k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 46.6k $13.3m | Added +3.5k |
| CAPTRUST FINANCIAL ADVISORS 0.03% of their portfolio | 45.4k $12.9m | Added +6.5k |
| CW Advisors, LLC 0.12% of their portfolio | 43.5k $12.4m | Reduced -2.6k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.02% of their portfolio | 41.2k $11.7m | Added +31.6k |
| KORNITZER CAPITAL MANAGEMENT INC /KS 0.23% of their portfolio | 40.9k $11.7m | Added +7.1k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 39.2k $11.2m | Added +4.9k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 38.9k $11.1m | Reduced -3.4k |
| VICTORY CAPITAL MANAGEMENT INC 0.01% of their portfolio | 38.8k $11.1m | Reduced -50.2k |
| Virtu Financial LLC 0.56% of their portfolio | 38.5k $11.0m | Added +32.6k |
| FRONTIER CAPITAL MANAGEMENT CO LLC 0.08% of their portfolio | 31.9k $9.1m | New |
| CASTLEARK MANAGEMENT LLC 0.25% of their portfolio | 29.7k $8.4m | New |
| PRUDENTIAL FINANCIAL INC 0.01% of their portfolio | 29.3k $6.0m | Added +1.9k |
| SILVERCREST ASSET MANAGEMENT GROUP LLC 0.05% of their portfolio | 27.5k $7.8m | New |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.01% of their portfolio | 27.4k $6.7m | Added +5.2k |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 26.2k $7.5m | Reduced -3.2k |
| BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio | 26.1k $7.4m | Added +3.2k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 26.1k $7.4m | Added +26 |
| MARSHALL WACE, LLP 0.01% of their portfolio | 24.2k $6.9m | Added +108 |
| CANADA LIFE ASSURANCE Co 0.01% of their portfolio | 24.0k $6.8m | Reduced -386 |
| Advisors Asset Management, Inc. 0.12% of their portfolio | 23.7k $6.8m | Added +1.0k |
| Informed Momentum Co LLC 1.01% of their portfolio | 23.4k $6.7m | New |
| SIT INVESTMENT ASSOCIATES INC 0.14% of their portfolio | 23.1k $6.6m | Reduced -3.1k |
| Quantbot Technologies LP 0.17% of their portfolio | 23.1k $6.6m | New |
| INTECH INVESTMENT MANAGEMENT LLC 0.06% of their portfolio | 22.1k $6.3m | Reduced -15.5k |
| ROYCE & ASSOCIATES LP 0.06% of their portfolio | 22.0k $6.3m | Added +4.0k |
| Granite Investment Partners, LLC 0.30% of their portfolio | 21.5k $6.1m | New |
| Squarepoint Ops LLC 0.01% of their portfolio | 21.3k $6.1m | New |
| Thrivent Financial for Lutherans 0.01% of their portfolio | 20.7k $5.9m | Added +148 |
| STIFEL FINANCIAL CORP 0.01% of their portfolio | 18.8k $5.4m | Added +6.4k |
| ExodusPoint Capital Management, LP 0.07% of their portfolio | 18.7k $5.3m | New |
| Global IMC LLC 1.33% of their portfolio | 18.0k $5.1m | New |
| SITTNER & NELSON, LLC 2.02% of their portfolio | 17.6k $5.0m | Added +250 |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 17.3k $4.9m | Unchanged |
| TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY 0.04% of their portfolio | 17.1k $4.9m | Added +9.0k |
| State of Alaska, Department of Revenue 0.05% of their portfolio | 16.8k $4.8m | Added +1.3k |