ALTICE USA INC OPTU
CL A · Common Stock · CUSIP 02156K103 · ISIN US02156K1034
American telecommunications and media company; spin-off of Altice Europe
- SectorCommunication
- IndustryCable & Other Pay Television Services
- HeadquartersLong Island City, NY
- Founded1973
- Websitealticeusa.com
- FilingsSEC EDGAR
* 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 ($26.8k this quarter). Holder counts are more reliable. Shares outstanding: 272.6m as of 2026-07-31, 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 ≈ $1.39. Options: 10 managers hold calls ($8.0m notional), 15 hold puts ($8.2m).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 285 |
| Q4 2022 | 253 |
| Q1 2023 | 249 |
| Q2 2023 | 192 |
| Q3 2023 | 189 |
| Q4 2023 | 180 |
| Q1 2024 | 165 |
| Q2 2024 | 170 |
| Q3 2024 | 166 |
| Q4 2024 | 159 |
| Q1 2025 | 157 |
| Q2 2025 | 167 |
| Q3 2025 | 172 |
| Q4 2025 | 176 |
| Q1 2026 | 179 |
| Q2 2026 | 193 |
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 2024 | 75 | 81 |
| Q4 2024 | 64 | 72 |
| Q1 2025 | 70 | 55 |
| Q2 2025 | 95 | 61 |
| Q3 2025 | 79 | 79 |
| Q4 2025 | 84 | 88 |
| Q1 2026 | 85 | 73 |
| Q2 2026 | 117 | 84 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $4.0m | $286.4k | 0.07 |
| Q4 2025 | $2.6m | $107.7k | 0.04 |
| Q1 2026 | $194.0k | $17.2k | 0.09 |
| Q2 2026 | $8.0m | $8.2m | 1.03 |
Biggest buyers
| Kite Lake Capital Management (UK) LLP | Added | +11.6m |
| MILFAM LLC | Added | +7.2m |
| BW Gestao de Investimentos Ltda. | Added | +6.8m |
| Balyasny Asset Management L.P. | New | +5.4m |
| BARCLAYS PLC | Added | +3.6m |
| AQR CAPITAL MANAGEMENT LLC | Added | +3.4m |
| Senator Investment Group LP | Added | +3.0m |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | +2.6m |
| Taconic Capital Advisors LP | Added | +1.6m |
| Ursa Fund Management, LLC | New | +1.4m |
Biggest sellers
| DEUTSCHE BANK AG\ | Reduced | -14.7m |
| Hudson Bay Capital Management LP | Sold out | -10.5m |
| Empyrean Capital Partners, LP | Reduced | -10.5m |
| D. E. Shaw & Co., Inc. | Reduced | -8.0m |
| GOLDMAN SACHS GROUP INC | Reduced | -7.8m |
| OAKTREE CAPITAL MANAGEMENT LP | Sold out | -7.3m |
| CARRONADE CAPITAL MANAGEMENT, LP | Sold out | -6.6m |
| Apollo Management Holdings, L.P. | Sold out | -6.1m |
| NOMURA HOLDINGS INC | Reduced | -5.5m |
| CastleKnight Management LP | Sold out | -5.4m |
Biggest calls
| BW Gestao de Investimentos Ltda. | New | $5.8m4.0m shares |
| Jefferies Financial Group Inc. | New | $797.5k550.0k shares |
| Cable Car Capital, LP | New | $725.0k500.0k shares |
| GROUP ONE TRADING LLC | Added | $186.8k128.8k shares |
| SIMPLEX TRADING, LLC | Added | $152.8k105.4k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $96.3k66.4k shares |
| CITADEL ADVISORS LLC | Added | $86.3k59.5k shares |
| Verition Fund Management LLC | New | $79.8k55.0k shares |
| JANE STREET GROUP, LLC | New | $71.0k49.0k shares |
| IMC-Chicago, LLC | Added | $37.4k25.8k shares |
Biggest puts
| Ursa Fund Management, LLC | New | $2.1m1.4m shares |
| Caption Management, LLC | New | $1.4m941.4k shares |
| MILLENNIUM MANAGEMENT LLC | New | $725.0k500.0k shares |
| TORNO CAPITAL, LLC | Not comparable | $704.8k486.1k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $695.9k479.9k shares |
| HRT FINANCIAL LP | New | $655.0k452.2k shares |
| JANE STREET GROUP, LLC | New | $441.8k304.7k shares |
| IMC-Chicago, LLC | New | $429.2k296.0k shares |
| CITADEL ADVISORS LLC | New | $316.8k218.5k shares |
| SIMPLEX TRADING, LLC | Added | $265.2k182.9k 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 |
|---|---|
| Drahi Patrick 13G · exempt (held before listing) filed 2026-06-02 | 99.9% |
| SUBIN NEIL S 13G · passive investor +1.4 pts · filed 2026-10-26 | 13.3% |
| Empyrean Capital Partners, LP 13G · institution +2.9 pts · filed 2026-08-14 | 8.1% |
| BARCLAYS PLC 13G · institution no change · filed 2025-03-21 | 7.0% |
| DEUTSCHE BANK AG\ 13G · institution +1.7 pts · filed 2026-08-13 | 6.9% |
| Kite Lake Capital Management (UK) LLP 13G · passive investor +3.5 pts · filed 2026-08-24 | 6.8% |
| BlackRock, Inc. 13G · institution new · filed 2025-07-17 | 6.4% |
Fell to 5% or below in the last year: MILLENNIUM MANAGEMENT LLC (3.2%, 2026-05-14), VANGUARD GROUP INC (0.0%, 2026-03-27)
Insider purchases and sales since 1 Apr 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 |
|---|---|---|---|---|---|
| Q4 2024 | 0 | — | 1 | — | — |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 0 | — | 0 | — | — |
| Q3 2025 | 0 | — | 0 | — | — |
| Q4 2025 | 0 | — | 1 | $5.5m | — |
| Q1 2026 | 0 | — | 1 | $428.0k | $28.0k |
| Q2 2026 | 0 | — | 1 | $80.0k | $80.0k |
| Q3 2026 | 0 | — | 1 | $32.4k | $32.4k |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-08-25 | SUBIN NEIL S +1 10% owner · See Footnote | Bought | $340400 shares |
| 2026-08-24 | SUBIN NEIL S +1 10% owner · See Footnote | Bought | $144.2k171.7k shares |
| 2026-08-21 | SUBIN NEIL S +1 10% owner · See Footnote | Bought | $454.9k535.2k shares |
| 2026-08-20 | SUBIN NEIL S +1 10% owner · See Footnote | Bought | $43.0k50.5k shares |
| 2026-08-19 | SUBIN NEIL S +1 10% owner · See Footnote | Bought | $1.1m1.3m shares |
| 2026-08-03 | Olsen Michael General Counsel and CCRO | Sold plan | $14.8k20.0k shares |
| 2026-07-31 | SUBIN NEIL S +1 10% owner · See Footnote | Bought | $89.5k121.0k shares |
| 2026-07-30 | SUBIN NEIL S +1 10% owner · See Footnote | Bought | $541.9k732.3k shares |
| 2026-07-29 | SUBIN NEIL S +1 10% owner · See Footnote | Bought | $98.7k129.8k shares |
| 2026-07-01 | Olsen Michael General Counsel and CCRO | Sold plan | $17.6k20.0k shares |
| 2026-06-01 | Olsen Michael General Counsel and CCRO | Sold plan | $22.4k20.0k shares |
| 2026-05-01 | Olsen Michael General Counsel and CCRO | Sold plan | $31.8k20.0k shares |
| 2026-04-01 | Olsen Michael General Counsel and CCRO | Sold plan | $25.8k20.0k 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, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.00% of their portfolio | 19.5m $28.3m | Reduced -960.4k |
| MILFAM LLC 18.29% of their portfolio | 15.9m $23.1m | Added +7.2m |
| Kite Lake Capital Management (UK) LLP 7.25% of their portfolio | 14.1m $20.4m | Added +11.6m |
| Empyrean Capital Partners, LP 0.23% of their portfolio | 14.0m $6.4m | Reduced -10.5m |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 12.1m $17.6m | Added +465.5k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 8.9m $13.5m | Reduced -1.5m |
| BW Gestao de Investimentos Ltda. 0.29% of their portfolio | 8.4m $12.2m | Added +6.8m |
| Senator Investment Group LP 0.42% of their portfolio | 8.0m $11.6m | Added +3.0m |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 7.7m $11.2m | Reduced -1.8m |
| STATE STREET CORP 0.00% of their portfolio | 7.3m $10.6m | Added +942.5k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 6.9m $10.0m | Added +730.2k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 5.5m $7.9m | Reduced -1.2m |
| Balyasny Asset Management L.P. 0.01% of their portfolio | 5.4m $7.8m | New |
| REDWOOD CAPITAL MANAGEMENT, LLC 0.81% of their portfolio | 5.2m $7.5m | Reduced -3.0m |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 5.0m $7.3m | Added +3.4m |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.00% of their portfolio | 4.8m $6.9m | Reduced -4.7m |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 4.0m $5.8m | Added +45.3k |
| Mount Capital Ltd 2.13% of their portfolio | 3.9m $5.6m | Unchanged |
| Silver Rock Financial LP 11.88% of their portfolio | 3.8m $5.5m | Added +1.0m |
| BARCLAYS PLC 0.00% of their portfolio | 3.8m $5.4m | Added +3.6m |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 3.6m $5.3m | Added +357.2k |
| ARES MANAGEMENT LLC 0.22% of their portfolio | 3.5m $5.1m | Unchanged |
| Cerberus Capital Management, L.P. 0.23% of their portfolio | 3.3m $4.8m | Reduced -600.0k |
| KING STREET CAPITAL MANAGEMENT, L.P. 2.39% of their portfolio | 3.1m $4.5m | Reduced -4.9m |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 2.9m $4.2m | Added +2.6m |
| NORTHERN TRUST CORP 0.00% of their portfolio | 2.7m $3.9m | Added +405.7k |
| Helix Partners Management LP 0.99% of their portfolio | 2.5m $3.7m | Added +820.0k |
| Taconic Capital Advisors LP 1.98% of their portfolio | 2.3m $3.3m | Added +1.6m |
| Point72 Asset Management, L.P. 0.00% of their portfolio | 2.1m $3.1m | Reduced -3.1m |
| NOMURA HOLDINGS INC 0.01% of their portfolio | 2.0m $2.9m | Reduced -5.5m |
| VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio | 1.8m $2.6m | Added +24.5k |
| Ursa Fund Management, LLC 0.33% of their portfolio | 1.4m $2.0m | New |
| ALGERT GLOBAL LLC 0.02% of their portfolio | 1.1m $1.7m | Added +932.3k |
| MHR FUND MANAGEMENT LLC 0.08% of their portfolio | 1.1m $1.6m | Unchanged |
| UBS Group AG 0.00% of their portfolio | 1.1m $1.5m | Added +158.2k |
| HG Vora Capital Management, LLC 0.74% of their portfolio | 1.0m $1.5m | Reduced -1.3m |
| Clear Street Group Inc. 0.00% of their portfolio | 1.0m $1.4m | New |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 965.9k $1.4m | Reduced -116.5k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 847.0k $1.2m | Reduced -7.8m |
| Quinn Opportunity Partners LLC 0.05% of their portfolio | 703.6k $1.0m | New |
| Bank of New York Mellon Corp 0.00% of their portfolio | 670.4k $972.1k | Reduced -31.9k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 641.4k $930.0k | Added +595.2k |
| Caption Management, LLC 0.03% of their portfolio | 611.2k $886.2k | New |
| Nuveen, LLC 0.00% of their portfolio | 601.0k $871.5k | Added +25.9k |
| Converium Capital Inc. 0.34% of their portfolio | 581.3k $842.9k | New |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 572.0k $830.5k | Reduced -1.1m |
| IEQ CAPITAL, LLC 0.00% of their portfolio | 534.1k $774.5k | Added +447.3k |
| Swiss National Bank 0.00% of their portfolio | 533.5k $773.6k | Added +66.3k |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 530.5k $769.2k | Reduced -8.0m |
| EJF Capital LP 0.48% of their portfolio | 500.0k $725.0k | New |
| Vestcor Inc 0.02% of their portfolio | 500.0k $725.0k | New |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 486.4k $705.2k | Reduced -60.3k |
| WOLVERINE ASSET MANAGEMENT LLC 0.01% of their portfolio | 475.4k $689.4k | Unchanged |
| ACADIAN ASSET MANAGEMENT LLC 0.00% of their portfolio | 434.2k $627.0k | Added +205.9k |
| Cerity Partners LLC 0.00% of their portfolio | 433.9k $629.2k | Added +409.2k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 421.9k $611.8k | Reduced -14.7m |
| FEDERATED HERMES, INC. 0.00% of their portfolio | 392.3k $568.8k | Reduced -44.8k |
| ALLSTATE CORP 0.01% of their portfolio | 386.2k $560.0k | New |
| FNY Investment Advisers, LLC 0.20% of their portfolio | 373.2k $541.0k | New |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 368.1k $533.7k | Added +76.5k |
| Invesco Ltd. 0.00% of their portfolio | 355.4k $515.3k | Reduced -114.1k |
| PEAK6 LLC 0.01% of their portfolio | 343.2k $497.6k | Reduced -53.6k |
| AlTi Global, Inc. 0.01% of their portfolio | 342.0k $495.9k | Added +110.9k |
| XTX Topco Ltd 0.01% of their portfolio | 326.7k $473.7k | Added +287.3k |
| Schonfeld Strategic Advisors LLC 0.00% of their portfolio | 300.0k $435.0k | New |
| MORGAN STANLEY 0.00% of their portfolio | 291.9k $423.3k | Reduced -3.7m |
| BLUEFIN CAPITAL MANAGEMENT, LLC 0.12% of their portfolio | 285.6k $414.1k | New |
| Corient Private Wealth LP 0.00% of their portfolio | 278.5k $403.9k | Added +67.5k |
| Engineers Gate Manager LP 0.01% of their portfolio | 266.8k $386.8k | Added +256.1k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 253.7k $367.8k | Added +26.9k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 248.3k $360.1k | Added +147.9k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 236.5k $307.4k | Unchanged |
| EQUITEC PROPRIETARY MARKETS, LLC 0.08% of their portfolio | 213.8k $310.0k | New |
| 683 Capital Management, LLC 0.03% of their portfolio | 203.1k $294.5k | Unchanged |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 195.5k $284.0k | Unchanged |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio | 194.1k $174.5k | Added +165.9k |
| Mariner, LLC 0.00% of their portfolio | 192.3k $278.7k | New |
| Man Group plc 0.00% of their portfolio | 181.6k $263.3k | New |
| Legal & General Group Plc 0.00% of their portfolio | 174.7k $252.4k | Reduced -3.6k |
| Quarry LP 0.04% of their portfolio | 170.1k $246.7k | New |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 162.3k $233.1k | Added +32.9k |
| READYSTATE ASSET MANAGEMENT LP 0.01% of their portfolio | 158.2k $229.4k | Reduced -1.1m |
| CITIGROUP INC 0.00% of their portfolio | 150.8k $218.7k | Added +126.8k |
| PRELUDE CAPITAL MANAGEMENT, LLC 0.02% of their portfolio | 150.0k $217.5k | New |
| VANGUARD ASSET MANAGEMENT, Ltd 0.00% of their portfolio | 149.3k $216.4k | Unchanged |
| MetLife Investment Management, LLC 0.00% of their portfolio | 148.2k $214.9k | Added +19.7k |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 127.5k $184.8k | Added +57.7k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 122.8k $178.0k | Reduced -1.6k |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio | 119.0k $172.6k | Unchanged |
| Lido Advisors, LLC 0.00% of their portfolio | 113.7k $164.9k | Added +228 |
| MACKENZIE FINANCIAL CORP 0.00% of their portfolio | 110.3k $159.9k | Reduced -868.4k |
| DoubleLine ETF Adviser LP 0.07% of their portfolio | 109.5k $158.8k | Added +66.7k |
| MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio | 104.9k $152.2k | Added +86.0k |
| KLP KAPITALFORVALTNING AS 0.00% of their portfolio | 104.3k $151.2k | Unchanged |
| Creative Planning 0.00% of their portfolio | 102.0k $147.9k | Added +56.5k |
| Vanguard Global Advisers, LLC 0.00% of their portfolio | 100.2k $145.2k | Unchanged |
| Warberg Asset Management LLC 0.04% of their portfolio | 99.1k $143.7k | New |
| Jupiter Topco LLC 0.00% of their portfolio | 94.3k $136.3k | First filing |
| Verition Fund Management LLC 0.00% of their portfolio | 91.0k $132.0k | Added +57.6k |
| Calamos Advisors LLC 0.00% of their portfolio | 82.4k $119.5k | Unchanged |