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 ($108.9k this quarter). Holder counts are more reliable. Shares outstanding: 456.1m as of 2024-02-09, 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 ≈ $3.25. Options: 21 managers hold calls ($25.5m notional), 12 hold puts ($7.6m).
Trends to Q4 2023
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 |
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 | 135 | 146 |
| Q1 2023 | 113 | 125 |
| Q2 2023 | 75 | 146 |
| Q3 2023 | 80 | 87 |
| Q4 2023 | 80 | 91 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2023 | $13.8m | $12.5m | 0.91 |
| Q2 2023 | $23.3m | $10.5m | 0.45 |
| Q3 2023 | $23.8m | $8.0m | 0.34 |
| Q4 2023 | $25.5m | $7.6m | 0.30 |
Biggest buyers
| MORGAN STANLEY | Added | +7.5m |
| D. E. Shaw & Co., Inc. | Added | +5.7m |
| Balyasny Asset Management L.P. | New | +4.2m |
| FMR LLC | Added | +2.6m |
| Assenagon Asset Management S.A. | Added | +1.7m |
| RENAISSANCE TECHNOLOGIES LLC | Added | +1.6m |
| BANK OF AMERICA CORP /DE/ | Added | +1.5m |
| UBS Group AG | Added | +1.5m |
| CITADEL ADVISORS LLC | Added | +1.4m |
| DEUTSCHE BANK AG\ | Added | +1.4m |
Biggest sellers
| AQR CAPITAL MANAGEMENT LLC | Reduced | -7.0m |
| REDWOOD CAPITAL MANAGEMENT, LLC | Reduced | -5.6m |
| Hudson Bay Capital Management LP | Reduced | -5.5m |
| Diameter Capital Partners LP | Sold out | -4.3m |
| MARSHALL WACE, LLP | Reduced | -3.9m |
| BANK OF NOVA SCOTIA | Reduced | -2.5m |
| Clarkston Capital Partners, LLC | Reduced | -2.4m |
| Boundary Creek Advisors LP | Sold out | -2.0m |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | -1.7m |
| MILLENNIUM MANAGEMENT LLC | Reduced | -1.7m |
Biggest calls
| Boundary Creek Advisors LP | Unchanged | $9.2m2.8m shares |
| CITADEL ADVISORS LLC | Reduced | $5.9m1.8m shares |
| Eisler Capital (US) LLC | New | $2.4m750.0k shares |
| Saba Capital Management, L.P. | New | $1.6m500.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $1.3m410.3k shares |
| Lombard Odier Asset Management (USA) Corp | Unchanged | $975.0k300.0k shares |
| ExodusPoint Capital Management, LP | Added | $975.0k300.0k shares |
| GROUP ONE TRADING LLC | Reduced | $619.1k190.5k shares |
| Walleye Trading LLC | Added | $517.4k159.2k shares |
| SIMPLEX TRADING, LLC | Added | $458.0k141.1k shares |
Biggest puts
| ROYAL BANK OF CANADA | Unchanged | $3.2m1.0m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $1.6m494.6k shares |
| SIMPLEX TRADING, LLC | Added | $689.0k212.2k shares |
| JANE STREET GROUP, LLC | Added | $578.8k178.1k shares |
| Walleye Trading LLC | Reduced | $435.5k134.0k shares |
| CITADEL ADVISORS LLC | Added | $402.4k123.8k shares |
| BNP PARIBAS FINANCIAL MARKETS | Unchanged | $341.2k1.1k shares |
| GROUP ONE TRADING LLC | Reduced | $159.9k49.2k shares |
| GTS SECURITIES LLC | Reduced | $114.1k35.1k shares |
| OSAIC HOLDINGS, INC. | New | $1.6k30 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 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 | — | 0 | — | — |
| Q2 2022 | 0 | — | 0 | — | — |
| Q3 2022 | 0 | — | 1 | $315.3k | — |
| Q4 2022 | 0 | — | 0 | — | — |
| Q1 2023 | 0 | — | 0 | — | — |
| Q2 2023 | 0 | — | 0 | — | — |
| Q3 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 0 | — | 0 | — | — |
None reported in Q4 2023.
Holders, Q4 2023
| Manager | Shares | Change |
|---|---|---|
| Clarkston Capital Partners, LLC 2.14% of their portfolio | 35.5m $115.4m | Reduced -2.4m |
| VANGUARD GROUP INC 0.00% of their portfolio | 21.5m $69.8m | Reduced -162.4k |
| REDWOOD CAPITAL MANAGEMENT, LLC 6.11% of their portfolio | 10.4m $33.8m | Reduced -5.6m |
| D. E. Shaw & Co., Inc. 0.05% of their portfolio | 10.3m $33.6m | Added +5.7m |
| MORGAN STANLEY 0.00% of their portfolio | 9.7m $31.5m | Added +7.5m |
| LOOMIS SAYLES & CO L P 0.04% of their portfolio | 7.6m $24.8m | Reduced -133.1k |
| FMR LLC 0.00% of their portfolio | 7.4m $24.1m | Added +2.6m |
| THOMPSON SIEGEL & WALMSLEY LLC 0.36% of their portfolio | 6.9m $22.3m | Added +396.3k |
| TPG GP A, LLC 0.35% of their portfolio | 6.6m $21.4m | Unchanged |
| AQR CAPITAL MANAGEMENT LLC 0.04% of their portfolio | 6.2m $20.0m | Reduced -7.0m |
| MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio | 6.0m $19.7m | Reduced -1.7m |
| CITADEL ADVISORS LLC 0.02% of their portfolio | 5.6m $18.2m | Added +1.4m |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.01% of their portfolio | 5.4m $17.5m | Reduced -28.2k |
| PRIMECAP MANAGEMENT CO/CA/ 0.01% of their portfolio | 5.3m $17.2m | Unchanged |
| Hudson Bay Capital Management LP 0.14% of their portfolio | 5.0m $16.3m | Reduced -5.5m |
| BAUPOST GROUP LLC/MA 0.34% of their portfolio | 4.8m $15.5m | Unchanged |
| BlackRock Inc. 0.00% of their portfolio | 4.4m $14.4m | Reduced -58.3k |
| Balyasny Asset Management L.P. 0.04% of their portfolio | 4.2m $13.7m | New |
| RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio | 4.2m $13.6m | Reduced -666.5k |
| Mount Capital Ltd 5.52% of their portfolio | 3.9m $12.8m | Unchanged |
| MARSHALL WACE, LLP 0.02% of their portfolio | 3.9m $12.7m | Reduced -3.9m |
| Assenagon Asset Management S.A. 0.04% of their portfolio | 3.9m $12.6m | Added +1.7m |
| ARES MANAGEMENT LLC 0.29% of their portfolio | 3.5m $11.5m | Unchanged |
| Cerberus Capital Management, L.P. 0.25% of their portfolio | 3.5m $11.4m | Added +1.1m |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 3.0m $9.6m | Reduced -68.2k |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 2.9m $9.4m | Added +1.6m |
| UBS Group AG 0.00% of their portfolio | 2.9m $9.3m | Added +1.5m |
| FEDERATED HERMES, INC. 0.02% of their portfolio | 2.8m $9.1m | Reduced -78.3k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 2.4m $7.7m | Added +137.5k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 2.3m $7.6m | Added +273.6k |
| TWO SIGMA INVESTMENTS, LP 0.02% of their portfolio | 2.3m $7.5m | Unchanged |
| Apollo Management Holdings, L.P. 0.08% of their portfolio | 2.2m $7.1m | Added +38.4k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 2.0m $6.6m | Added +1.5m |
| Clearline Capital LP 0.61% of their portfolio | 1.7m $5.5m | Unchanged |
| STATE STREET CORP 0.00% of their portfolio | 1.6m $5.1m | Reduced -35.8k |
| Allianz Asset Management GmbH 0.01% of their portfolio | 1.5m $4.9m | Added +23.6k |
| CastleKnight Management LP 0.76% of their portfolio | 1.5m $4.7m | Added +1.3m |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 1.4m $4.5m | Added +1.4m |
| BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio | 1.3m $4.3m | Reduced -1.5k |
| Walleye Capital LLC 0.06% of their portfolio | 1.3m $4.1m | Added +1.1m |
| TUDOR INVESTMENT CORP ET AL 0.05% of their portfolio | 1.1m $3.7m | Added +559.1k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 1.0m $3.3m | Reduced -226.4k |
| LSV ASSET MANAGEMENT 0.01% of their portfolio | 802.5k $2.6m | Reduced -79.2k |
| NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio | 799.0k $2.6m | Reduced -100 |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.01% of their portfolio | 799.0k $2.6m | New |
| WHITEBOX ADVISORS LLC 0.11% of their portfolio | 770.3k $2.5m | Added +595.1k |
| BRUNI J V & CO /CO 0.30% of their portfolio | 736.1k $2.4m | Reduced -1.3k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 715.4k $2.3m | Reduced -1.7m |
| Alaska Permanent Fund Corp 0.04% of their portfolio | 703.9k $2.3m | Reduced -140.8k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.00% of their portfolio | 595.1k $1.9m | Unchanged |
| NORTHERN TRUST CORP 0.00% of their portfolio | 592.3k $1.9m | Added +15.0k |
| CITIGROUP INC 0.00% of their portfolio | 569.9k $1.9m | Added +489.3k |
| Paralel Advisors LLC 0.09% of their portfolio | 559.2k $1.8m | Unchanged |
| Paloma Partners Management Co 0.29% of their portfolio | 550.0k $1.8m | Unchanged |
| ALGERT GLOBAL LLC 0.07% of their portfolio | 544.2k $1.8m | Added +138.4k |
| LB Partners LLC 1.79% of their portfolio | 503.5k $1.6m | First filing |
| READYSTATE ASSET MANAGEMENT LP 0.09% of their portfolio | 446.6k $1.5m | Added +314.0k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 442.6k $1.4m | Added +412.9k |
| BARCLAYS PLC 0.00% of their portfolio | 436.2k $1.4m | Added +355.8k |
| Mitsubishi UFJ Trust & Banking Corp 0.00% of their portfolio | 407.4k $1.3m | Added +165.9k |
| Swiss National Bank 0.00% of their portfolio | 399.7k $1.3m | Reduced -73.6k |
| BANK OF NOVA SCOTIA 0.00% of their portfolio | 399.0k $1.3m | Reduced -2.5m |
| Capula Management Ltd 0.08% of their portfolio | 382.8k $1.2m | Added +60.2k |
| TWO SIGMA ADVISERS, LP 0.00% of their portfolio | 381.1k $1.2m | Unchanged |
| CREDIT SUISSE AG/ 0.00% of their portfolio | 351.9k $1.1m | Added +38.2k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 331.9k $1.1m | Added +202.0k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 331.2k $1.1m | Added +209.3k |
| Thrivent Financial for Lutherans 0.00% of their portfolio | 322.1k $1.0m | Added +98.5k |
| Legal & General Group Plc 0.00% of their portfolio | 320.5k $1.0m | Added +8.6k |
| WOLVERINE ASSET MANAGEMENT LLC 0.02% of their portfolio | 307.7k $999.9k | Unchanged |
| NOMURA HOLDINGS INC 0.01% of their portfolio | 306.0k $994.5k | Added +236.9k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 279.2k $907.0k | Reduced -284.4k |
| PORTLAND INVESTMENT COUNSEL INC. 0.31% of their portfolio | 269.7k $876.0k | Added +100.5k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 262.8k $854.1k | Reduced -21.9k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio | 253.7k $824.0k | New |
| Verition Fund Management LLC 0.01% of their portfolio | 222.4k $722.9k | Added +107.0k |
| Rafferty Asset Management, LLC 0.00% of their portfolio | 216.9k $705.0k | Reduced -26.0k |
| AXA S.A. 0.00% of their portfolio | 202.4k $657.8k | Added +121.3k |
| Counterpoint Mutual Funds LLC 0.12% of their portfolio | 186.5k $606.1k | Added +111.4k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 180.6k $587.0k | Reduced -10.4k |
| MHR FUND MANAGEMENT LLC 0.06% of their portfolio | 167.8k $545.4k | Unchanged |
| Graham Capital Management, L.P. 0.02% of their portfolio | 160.5k $521.6k | New |
| Bank of New York Mellon Corp 0.00% of their portfolio | 146.8k $477.0k | Reduced -578.9k |
| GROUP ONE TRADING LLC 0.01% of their portfolio | 142.5k $463.0k | Reduced -224.1k |
| RAYMOND JAMES TRUST N.A. 0.01% of their portfolio | 135.1k $439.2k | Reduced -70 |
| Fiduciary Trust Co 0.01% of their portfolio | 123.8k $402.3k | Unchanged |
| Lido Advisors, LLC 0.00% of their portfolio | 113.5k $368.8k | Unchanged |
| OPPENHEIMER ASSET MANAGEMENT INC. 0.01% of their portfolio | 112.9k $366.9k | Reduced -12.6k |
| Susquehanna Portfolio Strategies, LLC 0.01% of their portfolio | 112.5k $365.6k | First filing |
| Cubist Systematic Strategies, LLC 0.00% of their portfolio | 112.0k $364.1k | Added +95.4k |
| Aquatic Capital Management LLC 0.01% of their portfolio | 106.4k $346.0k | Added +29.5k |
| PINNACLE ASSOCIATES LTD 0.01% of their portfolio | 101.7k $330.4k | Unchanged |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 96.1k $312.8k | Added +564 |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 95.7k $310.9k | Added +21.0k |
| CANADA LIFE ASSURANCE Co 0.00% of their portfolio | 92.5k $299.0k | Added +9.9k |
| Walleye Trading LLC 0.00% of their portfolio | 87.9k $285.8k | Added +7.6k |
| Jefferies Financial Group Inc. 0.00% of their portfolio | 87.6k $284.6k | Added +47.6k |
| Calamos Advisors LLC 0.00% of their portfolio | 82.4k $267.8k | Unchanged |
| SIMPLEX TRADING, LLC 0.01% of their portfolio | 80.8k $262.0k | New |
| XTX Topco Ltd 0.06% of their portfolio | 79.3k $257.6k | Added +22.4k |