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 ($52.9m this quarter). Holder counts are more reliable. Shares outstanding: 49.9m as of 2026-03-04, 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 ≈ $183.13. Options: 28 managers hold calls ($362.8m notional), 24 hold puts ($369.1m).
Trends to Q1 2026
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 |
| Q3 2025 | 583 |
| Q4 2025 | 605 |
| Q1 2026 | 615 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q2 2024 | 213 | 164 |
| Q3 2024 | 205 | 178 |
| Q4 2024 | 210 | 194 |
| Q1 2025 | 188 | 196 |
| Q2 2025 | 296 | 172 |
| Q3 2025 | 367 | 187 |
| Q4 2025 | 324 | 261 |
| Q1 2026 | 388 | 240 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2025 | $239.0m | $268.5m | 1.12 |
| Q3 2025 | $439.1m | $511.0m | 1.16 |
| Q4 2025 | $376.2m | $332.2m | 0.88 |
| Q1 2026 | $362.8m | $369.1m | 1.02 |
Biggest buyers
| Alyeska Investment Group, L.P. | Added | +331.7k |
| STATE STREET CORP | Added | +307.7k |
| Champlain Investment Partners, LLC | New | +295.1k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | Added | +217.7k |
| MILLENNIUM MANAGEMENT LLC | Added | +192.0k |
| Squarepoint Ops LLC | Added | +185.7k |
| Atreides Management, LP | New | +161.7k |
| ARK Investment Management LLC | Added | +126.1k |
| Korea Investment CORP | New | +112.0k |
| GOLDMAN SACHS GROUP INC | Added | +104.5k |
Biggest sellers
| Invesco Ltd. | Reduced | -920.4k |
| BlackRock, Inc. | Reduced | -708.5k |
| Bank of New York Mellon Corp | Reduced | -339.8k |
| Driehaus Capital Management LLC | Sold out | -319.8k |
| ALLIANCEBERNSTEIN L.P. | Reduced | -290.3k |
| AMERICAN CAPITAL MANAGEMENT INC | Reduced | -211.3k |
| PRICE T ROWE ASSOCIATES INC /MD/ | Reduced | -183.5k |
| BAILLIE GIFFORD & CO | Reduced | -153.1k |
| MARSHALL WACE, LLP | Reduced | -137.9k |
| AMERIPRISE FINANCIAL INC | Reduced | -113.4k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $128.4m701.2k shares |
| CITADEL ADVISORS LLC | Reduced | $43.9m239.9k shares |
| IMC-Chicago, LLC | Added | $43.5m237.9k shares |
| JANE STREET GROUP, LLC | Added | $36.7m200.7k shares |
| Squarepoint Ops LLC | Reduced | $28.1m153.4k shares |
| PEAK6 LLC | Added | $18.4m100.7k shares |
| Point72 Asset Management, L.P. | Reduced | $13.5m73.5k shares |
| Walleye Trading LLC | Added | $10.4m56.7k shares |
| Cavalier Investments, LLC | New | $10.1m55.0k shares |
| SIMPLEX TRADING, LLC | Added | $9.0m49.4k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $92.4m505.0k shares |
| JANE STREET GROUP, LLC | Added | $67.6m369.5k shares |
| CITADEL ADVISORS LLC | Added | $58.1m317.4k shares |
| IMC-Chicago, LLC | Added | $32.0m175.0k shares |
| PEAK6 LLC | Added | $21.0m114.8k shares |
| Squarepoint Ops LLC | Reduced | $19.5m106.6k shares |
| Caption Management, LLC | New | $18.2m99.5k shares |
| SIMPLEX TRADING, LLC | Added | $8.7m47.3k shares |
| TUDOR INVESTMENT CORP ET AL | Added | $7.9m43.4k shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $6.8m37.0k 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 Q1 2026
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 |
|---|---|---|---|---|---|
| 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 | — | — |
| Q3 2025 | 0 | — | 1 | $4.6m | — |
| Q4 2025 | 0 | — | 3 | $1.4m | $746.6k |
| Q1 2026 | 0 | — | 3 | $1.4m | $1.4m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-03-16 | PAGE STEPHEN F Director · See Footnote | Sold plan | $53.1k250 shares |
| 2026-03-16 | Shackley Brian Charles Chief Accounting Officer | Sold plan | $42.5k200 shares |
| 2026-03-10 | McDonnell Kevin Patrick CFO · See Footnote | Sold plan | $88.9k396 shares |
| 2026-03-02 | PAGE STEPHEN F Director · See Footnote | Sold plan | $75.0k250 shares |
| 2026-02-19 | PAGE STEPHEN F Director · See Footnote | Sold plan | $68.8k250 shares |
| 2026-02-17 | PAGE STEPHEN F Director · See Footnote | Sold plan | $127.5k500 shares |
| 2026-02-10 | McDonnell Kevin Patrick CFO · See Footnote | Sold plan | $235.2k879 shares |
| 2026-01-15 | PAGE STEPHEN F Director · See Footnote | Sold plan | $377.6k1.0k shares |
| 2026-01-12 | McDonnell Kevin Patrick CFO · See Footnote | Sold plan | $367.2k999 shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q1 2026
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.02% of their portfolio | 5.0m $907.9m | Reduced -708.5k |
| STATE STREET CORP 0.01% of their portfolio | 2.3m $419.1m | Added +307.7k |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.02% of their portfolio | 1.7m $310.0m | First filing |
| VANGUARD CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 1.6m $295.9m | First filing |
| BAILLIE GIFFORD & CO 0.19% of their portfolio | 1.0m $187.9m | Reduced -153.1k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.23% of their portfolio | 937.5k $171.5m | Added +217.7k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 913.9k $167.3m | Added +29.5k |
| Alyeska Investment Group, L.P. 0.37% of their portfolio | 721.4k $132.1m | Added +331.7k |
| Heard Capital LLC 6.83% of their portfolio | 721.4k $132.0m | Reduced -798 |
| VAN ECK ASSOCIATES CORP 0.09% of their portfolio | 688.0k $125.9m | Added +49.1k |
| UBS Group AG 0.02% of their portfolio | 599.6k $109.7m | Reduced -24.4k |
| Invesco Ltd. 0.01% of their portfolio | 598.3k $109.5m | Reduced -920.4k |
| ARK Investment Management LLC 0.80% of their portfolio | 559.3k $102.4m | Added +126.1k |
| Stephens Investment Management Group LLC 1.23% of their portfolio | 490.4k $89.8m | Added +77.6k |
| AMERICAN CAPITAL MANAGEMENT INC 4.29% of their portfolio | 436.4k $79.9m | Reduced -211.3k |
| MORGAN STANLEY 0.00% of their portfolio | 420.5k $77.0m | Added +66.0k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 399.9k $73.2m | Added +8.4k |
| CONGRESS ASSET MANAGEMENT CO 0.51% of their portfolio | 392.5k $71.8m | Added +82.3k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 327.7k $60.0m | Reduced -113.4k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 324.8k $59.5m | Added +104.5k |
| BNP PARIBAS FINANCIAL MARKETS 0.04% of their portfolio | 305.3k $55.9m | Added +15.6k |
| Fisher Asset Management, LLC 0.02% of their portfolio | 303.6k $55.6m | Added +19.9k |
| Champlain Investment Partners, LLC 0.69% of their portfolio | 295.1k $54.0m | New |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 290.7k $53.2m | Reduced -6.6k |
| Swedbank AB 0.05% of their portfolio | 273.3k $50.0m | Added +12.1k |
| VOYA INVESTMENT MANAGEMENT LLC 0.05% of their portfolio | 244.8k $44.8m | Added +6.4k |
| VANGUARD FIDUCIARY TRUST CO 0.01% of their portfolio | 231.4k $42.3m | First filing |
| Sumitomo Mitsui Trust Group, Inc. 0.03% of their portfolio | 225.3k $41.2m | Added +22.1k |
| Amova Asset Management Americas, Inc. 0.57% of their portfolio | 221.1k $40.5m | Added +21.3k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 217.4k $39.8m | Reduced -339.8k |
| MILLENNIUM MANAGEMENT LLC 0.03% of their portfolio | 206.7k $37.8m | Added +192.0k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 203.2k $37.2m | Added +23.0k |
| Squarepoint Ops LLC 0.07% of their portfolio | 187.7k $34.4m | Added +185.7k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 186.5k $33.0m | Reduced -76.0k |
| EMERALD ADVISERS, LLC 1.04% of their portfolio | 179.9k $32.9m | Reduced -31.7k |
| WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio | 179.6k $32.9m | Added +59.9k |
| Atreides Management, LP 0.72% of their portfolio | 161.7k $29.6m | New |
| GW&K Investment Management, LLC 0.25% of their portfolio | 154.1k $28.2m | Reduced -68.0k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.04% of their portfolio | 151.8k $27.8m | Added +68.3k |
| FIRST TRUST ADVISORS LP 0.02% of their portfolio | 142.1k $26.0m | Reduced -4.9k |
| Vident Advisory, LLC 0.21% of their portfolio | 132.4k $24.2m | Added +48.9k |
| AWM Investment Company, Inc. 2.65% of their portfolio | 130.7k $23.9m | Added +11.8k |
| Man Group plc 0.05% of their portfolio | 129.5k $23.7m | Added +91.6k |
| RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio | 124.8k $22.9m | Reduced -60.1k |
| FMR LLC 0.00% of their portfolio | 123.1k $22.5m | Added +28.5k |
| MARSHALL WACE, LLP 0.02% of their portfolio | 122.3k $22.4m | Reduced -137.9k |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.05% of their portfolio | 118.3k $21.8m | Reduced -53.9k |
| EMERALD MUTUAL FUND ADVISERS TRUST 1.00% of their portfolio | 112.4k $20.6m | Reduced -13.3k |
| Korea Investment CORP 0.04% of their portfolio | 112.0k $20.5m | New |
| TOCQUEVILLE ASSET MANAGEMENT L.P. 0.30% of their portfolio | 111.3k $20.4m | Added +23.6k |
| PINNACLE ASSOCIATES LTD 0.25% of their portfolio | 105.6k $19.3m | Added +30.9k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 102.1k $18.7m | Reduced -37.4k |
| RHUMBLINE ADVISERS 0.02% of their portfolio | 101.1k $18.5m | Added +3.7k |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 100.6k $18.4m | Reduced -62.7k |
| LPL Financial LLC 0.00% of their portfolio | 92.5k $16.9m | Added +17.0k |
| Nuveen, LLC 0.00% of their portfolio | 87.9k $16.1m | Reduced -77.5k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 86.6k $15.9m | Reduced -76.4k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 86.2k $15.8m | Reduced -22.2k |
| SEVEN GRAND MANAGERS, LLC 0.92% of their portfolio | 75.0k $13.7m | Added +15.0k |
| FRONTIER CAPITAL MANAGEMENT CO LLC 0.14% of their portfolio | 74.0k $13.5m | Added +25.9k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 72.9k $13.3m | Added +3.1k |
| Canal Insurance CO 2.75% of their portfolio | 70.0k $12.8m | Added +10.0k |
| BLAIR WILLIAM & CO/IL 0.04% of their portfolio | 70.0k $12.8m | Reduced -12.1k |
| ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio | 69.9k $16.9m | Reduced -290.3k |
| Rheos Capital Works Inc. 0.82% of their portfolio | 67.0k $12.3m | Reduced -73.0k |
| CAPTRUST FINANCIAL ADVISORS 0.02% of their portfolio | 66.5k $12.2m | Added +5.3k |
| ARS Investment Partners, LLC 0.62% of their portfolio | 65.4k $12.0m | Added +62.0k |
| Swiss National Bank 0.01% of their portfolio | 64.2k $11.7m | Added +120 |
| NEUBERGER BERMAN GROUP LLC 0.01% of their portfolio | 63.9k $11.7m | Reduced -29.9k |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. 0.02% of their portfolio | 59.6k $10.9m | Reduced -4.8k |
| OSAIC HOLDINGS, INC. 0.02% of their portfolio | 56.8k $10.4m | Added +1.9k |
| Tidal Investments LLC 0.03% of their portfolio | 55.4k $10.1m | Added +42.2k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 54.6k $10.0m | Reduced -234 |
| CITIGROUP INC 0.01% of their portfolio | 50.6k $9.3m | Added +3.4k |
| California Public Employees Retirement System 0.01% of their portfolio | 50.2k $9.2m | Reduced -15.8k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 49.7k $9.1m | Added +1.8k |
| Legal & General Group Plc 0.00% of their portfolio | 49.4k $9.0m | Reduced -6.4k |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 48.0k $8.8m | Reduced -64.9k |
| FRED ALGER MANAGEMENT, LLC 0.04% of their portfolio | 47.4k $8.7m | Reduced -20.9k |
| Spear Advisors LLC 6.23% of their portfolio | 45.7k $8.4m | New |
| KADENSA CAPITAL Ltd 1.12% of their portfolio | 43.9k $8.0m | Reduced -17.0k |
| Rockefeller Capital Management L.P. 0.01% of their portfolio | 43.8k $8.0m | Added +10.4k |
| BARCLAYS PLC 0.00% of their portfolio | 43.0k $7.9m | Reduced -72.4k |
| MYDA Advisors LLC 1.81% of their portfolio | 42.0k $7.7m | Added +27.0k |
| Granahan Investment Management, LLC 0.36% of their portfolio | 40.7k $7.5m | New |
| PEREGRINE INVESTMENT MANAGEMENT INC 5.76% of their portfolio | 40.0k $7.3m | New |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 39.8k $7.3m | Reduced -183.5k |
| Penserra Capital Management LLC 0.09% of their portfolio | 39.8k $7.3m | Added +6.5k |
| Retirement Systems of Alabama 0.02% of their portfolio | 39.0k $7.1m | Added +816 |
| STIFEL FINANCIAL CORP 0.01% of their portfolio | 38.3k $7.0m | Reduced -2.0k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 37.9k $6.9m | Added +6.1k |
| Caption Management, LLC 0.33% of their portfolio | 37.8k $6.9m | New |
| TUDOR INVESTMENT CORP ET AL 0.04% of their portfolio | 37.2k $6.8m | New |
| SEI INVESTMENTS CO 0.01% of their portfolio | 36.3k $6.6m | Added +23.6k |
| IQ EQ FUND MANAGEMENT (IRELAND) Ltd 0.50% of their portfolio | 36.2k $6.6m | Added +4.7k |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 35.8k $6.6m | Reduced -99 |
| MetLife Investment Management, LLC 0.03% of their portfolio | 35.7k $6.5m | Reduced -192 |
| RENAISSANCE GROUP LLC 0.27% of their portfolio | 35.0k $6.4m | New |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.00% of their portfolio | 33.6k $6.2m | Added +13.5k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.01% of their portfolio | 33.6k $6.2m | Reduced -1.7k |