Vault-13

AEROVIRONMENT INC AVAV 0 07.15.30

NOTE 7/1 · GLOBAL · CUSIP 008073AA6

59 institutional holders -3 vs Q1 2026
12,998,09613.0m shares reported held*
$632.1mreported value*
13 new 21 added 7 reduced 19 sold out net sold ≈ $107.0m (-23.3m shares)

* 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. Holder counts are more reliable. Implied quarter-end price ≈ $48.63.

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

0255075Q3 25: 51Q4 25: 57Q1 26: 62Q2 26: 5959Q3 25Q4 25Q1 26Q2 26
Numbers
QuarterHolders
Q3 202551
Q4 202557
Q1 202662
Q2 202659

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
40040Q4 25: 32 bought or addedQ4 25: 18 cut or sold outQ4 25Q1 26: 33 bought or addedQ1 26: 25 cut or sold outQ1 26Q2 26: 34 bought or addedQ2 26: 26 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q4 20253218
Q1 20263325
Q2 20263426

Biggest buyers

Wellesley Asset Management Added +31,109,000+31.1m
D. E. Shaw & Co., Inc. New +22,844,000+22.8m
Linden Advisors LP Added +20,441,000+20.4m
ARISTEIA CAPITAL, L.L.C. New +19,804,000+19.8m
ADVENT CAPITAL MANAGEMENT /DE/ Added +18,609,000+18.6m
BNP PARIBAS ASSET MANAGEMENT Holding S.A. New +9,775,000+9.8m
SSI INVESTMENT MANAGEMENT LLC New +5,909,000+5.9m
STATE STREET CORP Added +4,750,000+4.8m
Calamos Advisors LLC Added +3,644,000+3.6m
JPMORGAN CHASE & CO Added +3,362,000+3.4m

Biggest sellers

VOYA INVESTMENT MANAGEMENT LLC Sold out -120,935,000-120.9m
WOLVERINE ASSET MANAGEMENT LLC Reduced -35,200,000-35.2m
Nuveen, LLC Sold out -25,000,000-25.0m
ZAZOVE ASSOCIATES LLC Reduced -19,845,000-19.8m
MacKay Shields LLC Sold out -13,220,000-13.2m
BNP PARIBAS ASSET MANAGEMENT Holding S.A. Sold out -9,775,000-9.8m
SSI INVESTMENT MANAGEMENT LLC Sold out -9,112,000-9.1m
FRANKLIN RESOURCES INC Reduced -7,475,000-7.5m
Polar Capital Holdings Plc Sold out -6,500,000-6.5m
GABELLI FUNDS LLC Sold out -6,350,000-6.3m

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Linden Advisors LP 0.97% of their portfolio New York, NY 197,805,000197.8m $188.2m $188.2m 0.97% Added +20.4m +20,441,000
2 ADVENT CAPITAL MANAGEMENT /DE/ 1.65% of their portfolio NEW YORK, NY 75,871,00075.9m $72.5m $72.5m 1.65% Added +18.6m +18,609,000
3 Wellesley Asset Management 3.43% of their portfolio PORTSMOUTH, NH 39,025,00039.0m $37.6m $37.6m 3.43% Added +31.1m +31,109,000
4 Calamos Advisors LLC 0.11% of their portfolio NAPERVILLE, IL 32,404,00032.4m $30.5m $30.5m 0.11% Added +3.6m +3,644,000
5 Blackstone Inc. 0.09% of their portfolio NEW YORK, NY 30,000,00030.0m $28.7m $28.7m 0.09% Not comparable
6 ZAZOVE ASSOCIATES LLC 2.19% of their portfolio INCLINE VILLAGE, NV 28,490,00028.5m $26.8m $26.8m 2.19% Reduced -19.8m -19,845,000
7 LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 27,536,00027.5m $263.2k $263.2k 0.00% Unchanged
8 D. E. Shaw & Co., Inc. 0.01% of their portfolio New York, NY 22,844,00022.8m $21.7m $21.7m 0.01% New
9 ARISTEIA CAPITAL, L.L.C. 0.30% of their portfolio GREENWICH, CT 19,804,00019.8m $18.9m $18.9m 0.30% New
10 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 19,790,00019.8m $18.5m $18.5m 0.00% Added +4.8m +4,750,000
11 M&G PLC 0.08% of their portfolio London, X0 17,547,00017.5m $16.3m $16.3m 0.08% Unchanged
12 WOLVERINE ASSET MANAGEMENT LLC 0.19% of their portfolio CHICAGO, IL 15,248,00015.2m $14.5m $14.5m 0.19% Reduced -35.2m -35,200,000
13 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 13,094,00013.1m $12.5m $12.5m 0.00% Added +1.9m +1,875,000
14 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.01% of their portfolio Toronto, A6 13,050,00013.1m $12.3m $12.3m 0.01% Added +100.0k +100,000
15 SCHRODER INVESTMENT MANAGEMENT GROUP 0.01% of their portfolio London, X0 13,034,00013.0m $11.7m $11.7m 0.01% Added +173.0k +173,000
16 SHENKMAN CAPITAL MANAGEMENT INC 1.74% of their portfolio NEW YORK, NY 12,843,00012.8m $12.5m $12.5m 1.74% Added +925.0k +925,000
17 Amundi 0.00% of their portfolio Paris, I0 12,780,00012.8m $12.2m $12.2m 0.00% Unchanged
18 OAKTREE CAPITAL MANAGEMENT LP 0.21% of their portfolio LOS ANGELES, CA 11,799,00011.8m $11.3m $11.3m 0.21% Added +1.5m +1,486,000
19 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 10,450,00010.4m $9.9m $9.9m 0.00% Unchanged
20 BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.01% of their portfolio Paris, I0 9,775,0009.8m $8.9m $8.9m 0.01% New
21 FMR LLC 0.00% of their portfolio BOSTON, MA 8,385,0008.4m $8.0m $8.0m 0.00% Reduced -185.0k -185,000
22 OFI INVEST ASSET MANAGEMENT 0.05% of their portfolio ISSY LES MOULINEAUX, I0 6,400,0006.4m $5.3m $5.3m 0.05% Unchanged
23 SSI INVESTMENT MANAGEMENT LLC 0.33% of their portfolio Los Angeles, CA 5,909,0005.9m $5.6m $5.6m 0.33% New
24 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 5,482,0005.5m $4.9m $4.9m 0.00% Added +3.4m +3,362,000
25 DNCA FINANCE 0.25% of their portfolio PARIS, I0 5,350,0005.3m $5.1m $5.1m 0.25% Added +100.0k +100,000
26 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 4,424,0004.4m $4.2m $4.2m 0.00% Added +3.3m +3,334,000
27 STATE OF WISCONSIN INVESTMENT BOARD 0.01% of their portfolio MADISON, WI 4,000,0004.0m $3.8m $3.8m 0.01% Added +1.0m +1,000,000
28 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 3,500,0003.5m $3.3m $3.3m 0.00% Unchanged
29 GROUPAMA ASSET MANAGMENT 0.03% of their portfolio PARIS, I0 2,700,0002.7m $2.4m $2.4m 0.03% Added +1.2m +1,200,000
30 Jefferies Financial Group Inc. 0.02% of their portfolio NEW YORK, NY 2,663,0002.7m $2.5m $2.5m 0.02% New
31 LBP AM SA 0.02% of their portfolio Paris, I0 2,500,0002.5m $2.4m $2.4m 0.02% New
32 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.00% of their portfolio FRANKFURT AM MAIN, 2M 2,250,0002.2m $2.1m $2.1m 0.00% Unchanged
33 Man Group plc 0.00% of their portfolio LONDON, X0 1,800,0001.8m $1.7m $1.7m 0.00% Unchanged
34 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 1,656,0001.7m $1.6m $1.6m 0.00% Reduced -7.5m -7,475,000
35 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 1,550,0001.6m $1.5m $1.5m 0.00% Added +1.5m +1,475,000
36 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 1,300,0001.3m $1.2m $1.2m 0.00% Unchanged
37 RWC Asset Management LLP 0.04% of their portfolio LONDON, X0 1,200,0001.2m $1.1m $1.1m 0.04% Unchanged
38 Sphera Management Technology Funds Ltd 0.36% of their portfolio TEL AVIV, L3 1,100,0001.1m $1.0m $1.0m 0.36% New
39 Kohlberg Kravis Roberts & Co. L.P. 0.02% of their portfolio NEW YORK, NY 1,086,0001.1m $1.0m $1.0m 0.02% Unchanged
40 NOMURA ASSET MANAGEMENT CO LTD 0.00% of their portfolio TOKYO, M0 1,000,0001.0m $940.7k $940.7k 0.00% Unchanged
41 Skaana Management L.P. 0.25% of their portfolio BROOKLYN, NY 1,000,0001.0m $940.7k $940.7k 0.25% New
42 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 760,000760.0k $721.9k $721.9k 0.00% Reduced -375.0k -375,000
43 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 650,000650.0k $618.0k $618.0k 0.00% Unchanged
44 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 520,000520.0k $495.1k $495.1k 0.00% Unchanged
45 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 471,000471.0k $443.1k $443.1k 0.00% Added +31.0k +31,000
46 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 425,000425.0k $403.9k $403.9k 0.00% Reduced -75.0k -75,000
47 Axxion S.A. 0.02% of their portfolio GREVENMACHER, N4 300,000300.0k $330.6k $330.6k 0.02% First filing
48 Calamos Wealth Management LLC 0.01% of their portfolio NAPERVILLE, IL 279,000279.0k $262.5k $262.5k 0.01% Added +6.0k +6,000
49 Central Pacific Bank - Trust Division 0.02% of their portfolio HONOLULU, HI 180,000180.0k $171.4k $171.4k 0.02% Reduced -313.0k -313,000
50 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 128,000128.0k $121.9k $121.9k 0.00% Added +101.0k +101,000
51 CHOREO, LLC 0.00% of their portfolio ROCKFORD, IL 38,00038.0k $36.2k $36.2k 0.00% New
52 INSIGNEO ADVISORY SERVICES, LLC 0.00% of their portfolio MIAMI, FL 30,00030.0k $28.6k $28.6k 0.00% Added +17.0k +17,000
53 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 26,00026.0k $23.6k $23.6k 0.00% Added +15.0k +15,000
54 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 19,00019.0k $18.1k $18.1k 0.00% New
55 FIFTH THIRD BANCORP 0.00% of their portfolio CINCINNATI, OH 11,00011.0k $10.5k $10.5k 0.00% New
56 Cerity Partners LLC 0.00% of their portfolio NEW YORK, NY 10,00010.0k $9.3k $9.3k 0.00% New
57 NOMURA HOLDINGS INC 0.00% of their portfolio TOKYO, M0 1,9171.9k $316.4k $316.4k 0.00% New
58 Alken Asset Management Ltd 1.56% of their portfolio LONDON, X0 1,5001.5k $1.4m $1.4m 1.56% Unchanged
59 ODDO BHF ASSET MANAGEMENT SAS 0.01% of their portfolio PARIS, I0 179179 $170.0k $170.0k 0.01% Not comparable