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 ($194.4k this quarter). Holder counts are more reliable. Shares outstanding: 460.0m as of 2024-04-26, 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 ≈ $2.69. Options: 12 managers hold calls ($9.9m notional), 11 hold puts ($1.6m).
Trends to Q1 2024
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 |
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 |
| Q1 2024 | 60 | 94 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2023 | $23.3m | $10.5m | 0.45 |
| Q3 2023 | $23.8m | $8.0m | 0.34 |
| Q4 2023 | $25.5m | $7.6m | 0.30 |
| Q1 2024 | $9.9m | $1.6m | 0.17 |
Biggest buyers
| FMR LLC | Added | +21.7m |
| BlackRock Inc. | Added | +4.4m |
| D. E. Shaw & Co., Inc. | Added | +3.4m |
| MORGAN STANLEY | Added | +3.2m |
| PAULSON & CO. INC. | New | +1.2m |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC | New | +733.3k |
| Assenagon Asset Management S.A. | Added | +643.7k |
| UBS Group AG | Added | +608.7k |
| RENAISSANCE TECHNOLOGIES LLC | Added | +415.4k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | Added | +296.0k |
Biggest sellers
| AQR CAPITAL MANAGEMENT LLC | Reduced | -3.8m |
| MILLENNIUM MANAGEMENT LLC | Reduced | -3.7m |
| MARSHALL WACE, LLP | Reduced | -2.9m |
| Hudson Bay Capital Management LP | Reduced | -2.5m |
| REDWOOD CAPITAL MANAGEMENT, LLC | Reduced | -2.2m |
| DEUTSCHE BANK AG\ | Reduced | -1.4m |
| Clarkston Capital Partners, LLC | Reduced | -1.3m |
| Walleye Capital LLC | Reduced | -1.2m |
| Clearline Capital LP | Reduced | -1.1m |
| LSV ASSET MANAGEMENT | Sold out | -802.5k |
Biggest calls
| Boundary Creek Advisors LP | Reduced | $3.3m1.2m shares |
| CITADEL ADVISORS LLC | Reduced | $3.1m1.2m shares |
| GROUP ONE TRADING LLC | Added | $1.4m536.7k shares |
| Saba Capital Management, L.P. | Reduced | $522.0k200.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $446.8k171.2k shares |
| BNP PARIBAS FINANCIAL MARKETS | Unchanged | $274.1k1.1k shares |
| Lombard Odier Asset Management (USA) Corp | Reduced | $261.0k100.0k shares |
| SIMPLEX TRADING, LLC | Reduced | $239.0k91.9k shares |
| JANE STREET GROUP, LLC | Added | $186.4k71.4k shares |
| Walleye Trading LLC | Reduced | $156.3k59.9k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $401.7k153.9k shares |
| CITADEL ADVISORS LLC | Added | $345.0k132.2k shares |
| BNP PARIBAS FINANCIAL MARKETS | Unchanged | $274.1k1.1k shares |
| JANE STREET GROUP, LLC | Reduced | $273.0k104.6k shares |
| Walleye Trading LLC | Reduced | $106.5k40.8k shares |
| SIMPLEX TRADING, LLC | Reduced | $103.0k39.8k shares |
| MILLENNIUM MANAGEMENT LLC | New | $78.3k30.0k shares |
| GROUP ONE TRADING LLC | Reduced | $53.0k20.3k shares |
| OSAIC HOLDINGS, INC. | Added | $40040 shares |
| Walleye Capital LLC | Unchanged | $261100 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 Q1 2024
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 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 | — | — |
| Q1 2024 | 0 | — | 0 | — | — |
None reported in Q1 2024.
Holders, Q1 2024
| Manager | Shares | Change |
|---|---|---|
| Clarkston Capital Partners, LLC 1.57% of their portfolio | 34.2m $89.2m | Reduced -1.3m |
| FMR LLC 0.01% of their portfolio | 29.1m $75.9m | Added +21.7m |
| VANGUARD GROUP INC 0.00% of their portfolio | 21.3m $55.5m | Reduced -200.6k |
| D. E. Shaw & Co., Inc. 0.05% of their portfolio | 13.8m $35.9m | Added +3.4m |
| MORGAN STANLEY 0.00% of their portfolio | 12.9m $33.7m | Added +3.2m |
| BlackRock Inc. 0.00% of their portfolio | 8.8m $23.1m | Added +4.4m |
| REDWOOD CAPITAL MANAGEMENT, LLC 3.01% of their portfolio | 8.2m $21.4m | Reduced -2.2m |
| LOOMIS SAYLES & CO L P 0.03% of their portfolio | 7.5m $19.6m | Reduced -110.0k |
| THOMPSON SIEGEL & WALMSLEY LLC 0.29% of their portfolio | 7.1m $18.6m | Added +281.1k |
| TPG GP A, LLC 0.33% of their portfolio | 6.6m $17.2m | Unchanged |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.00% of their portfolio | 5.6m $14.7m | Added +257.3k |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 5.1m $13.3m | Reduced -511.7k |
| PRIMECAP MANAGEMENT CO/CA/ 0.01% of their portfolio | 4.9m $12.7m | Reduced -414.2k |
| BAUPOST GROUP LLC/MA 0.34% of their portfolio | 4.8m $12.5m | Unchanged |
| Assenagon Asset Management S.A. 0.03% of their portfolio | 4.5m $11.8m | Added +643.7k |
| Balyasny Asset Management L.P. 0.03% of their portfolio | 4.0m $10.3m | Reduced -248.2k |
| Mount Capital Ltd 4.32% of their portfolio | 3.9m $10.2m | Unchanged |
| RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio | 3.8m $9.9m | Reduced -373.3k |
| ARES MANAGEMENT LLC 0.22% of their portfolio | 3.5m $9.3m | Unchanged |
| Cerberus Capital Management, L.P. 0.22% of their portfolio | 3.5m $9.1m | Unchanged |
| UBS Group AG 0.00% of their portfolio | 3.5m $9.0m | Added +608.7k |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 3.3m $8.6m | Added +415.4k |
| FEDERATED HERMES, INC. 0.02% of their portfolio | 2.9m $7.7m | Added +137.8k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 2.7m $7.0m | Reduced -298.2k |
| Hudson Bay Capital Management LP 0.06% of their portfolio | 2.5m $6.5m | Reduced -2.5m |
| TWO SIGMA INVESTMENTS, LP 0.02% of their portfolio | 2.5m $6.4m | Added +149.1k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 2.4m $6.4m | Added +67.1k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 2.4m $6.2m | Added +36.6k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 2.4m $6.2m | Reduced -3.7m |
| AQR CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 2.3m $6.1m | Reduced -3.8m |
| Apollo Management Holdings, L.P. 0.08% of their portfolio | 2.3m $6.0m | Added +100.0k |
| CastleKnight Management LP 0.67% of their portfolio | 1.7m $4.5m | Added +272.0k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 1.7m $4.5m | Reduced -309.6k |
| Allianz Asset Management GmbH 0.01% of their portfolio | 1.6m $4.3m | Added +130.9k |
| STATE STREET CORP 0.00% of their portfolio | 1.6m $4.1m | Reduced -14.0k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 1.3m $3.4m | Added +296.0k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 1.2m $3.2m | Reduced -92.4k |
| PAULSON & CO. INC. 0.21% of their portfolio | 1.2m $3.0m | New |
| MARSHALL WACE, LLP 0.00% of their portfolio | 1.0m $2.6m | Reduced -2.9m |
| NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio | 799.2k $1.7m | Added +125 |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.01% of their portfolio | 799.0k $2.1m | Unchanged |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.09% of their portfolio | 733.3k $1.9m | New |
| Kite Lake Capital Management (UK) LLP 11.23% of their portfolio | 730.0k $1.9m | Not comparable |
| BRUNI J V & CO /CO 0.23% of their portfolio | 729.1k $1.9m | Reduced -7.0k |
| WHITEBOX ADVISORS LLC 0.07% of their portfolio | 704.0k $1.8m | Reduced -66.3k |
| TUDOR INVESTMENT CORP ET AL 0.02% of their portfolio | 681.4k $1.8m | Reduced -456.3k |
| TWO SIGMA ADVISERS, LP 0.00% of their portfolio | 642.7k $1.7m | Added +261.6k |
| Clearline Capital LP 0.16% of their portfolio | 636.4k $1.7m | Reduced -1.1m |
| NORTHERN TRUST CORP 0.00% of their portfolio | 609.4k $1.6m | Added +17.1k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.00% of their portfolio | 595.1k $1.6m | Unchanged |
| Paralel Advisors LLC 0.07% of their portfolio | 559.2k $1.5m | Unchanged |
| Paloma Partners Management Co 0.21% of their portfolio | 550.0k $1.4m | Unchanged |
| WOLVERINE ASSET MANAGEMENT LLC 0.02% of their portfolio | 475.4k $1.2m | Added +167.8k |
| Mitsubishi UFJ Trust & Banking Corp 0.00% of their portfolio | 460.6k $1.2m | Added +53.2k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 456.7k $1.2m | Reduced -258.7k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 441.7k $1.2m | Reduced -893 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio | 426.8k $1.1m | Added +173.2k |
| Swiss National Bank 0.00% of their portfolio | 399.7k $1.0m | Unchanged |
| ALGERT GLOBAL LLC 0.04% of their portfolio | 385.8k $1.0m | Reduced -158.4k |
| READYSTATE ASSET MANAGEMENT LP 0.03% of their portfolio | 357.5k $933.2k | Reduced -89.1k |
| CREDIT SUISSE AG/ 0.00% of their portfolio | 351.9k $703.7k | Unchanged |
| Thrivent Financial for Lutherans 0.00% of their portfolio | 322.1k $840.0k | Unchanged |
| Alaska Permanent Fund Corp 0.01% of their portfolio | 281.6k $734.9k | Reduced -422.3k |
| Rafferty Asset Management, LLC 0.00% of their portfolio | 276.5k $721.6k | Added +59.5k |
| PORTLAND INVESTMENT COUNSEL INC. 6.61% of their portfolio | 269.7k $21.9m | Unchanged |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio | 263.3k $900.4k | New |
| BlackBarn Capital Partners LP 0.38% of their portfolio | 250.0k $652.5k | New |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 234.2k $611.4k | Reduced -97.0k |
| Legal & General Group Plc 0.00% of their portfolio | 229.2k $598.1k | Reduced -91.4k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 225.8k $589.3k | Reduced -37.0k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 207.9k $542.7k | Reduced -124.0k |
| Integrated Investment Consultants, LLC 0.14% of their portfolio | 199.1k $519.7k | Added +178.1k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 182.4k $476.0k | Added +1.7k |
| MHR FUND MANAGEMENT LLC 0.04% of their portfolio | 167.8k $438.0k | Unchanged |
| Fiduciary Trust Co 0.00% of their portfolio | 123.8k $323.1k | Unchanged |
| RAYMOND JAMES TRUST N.A. 0.01% of their portfolio | 118.7k $309.8k | Reduced -16.4k |
| Cubist Systematic Strategies, LLC 0.00% of their portfolio | 118.1k $308.2k | Added +6.0k |
| Lido Advisors, LLC 0.00% of their portfolio | 113.5k $296.1k | Unchanged |
| Susquehanna Portfolio Strategies, LLC 0.01% of their portfolio | 112.5k $293.6k | Unchanged |
| Cerity Partners LLC 0.00% of their portfolio | 102.1k $266.5k | Added +41.6k |
| PINNACLE ASSOCIATES LTD 0.00% of their portfolio | 101.7k $265.3k | Unchanged |
| BARCLAYS PLC 0.00% of their portfolio | 101.4k $264.8k | Reduced -334.7k |
| AXA S.A. 0.00% of their portfolio | 101.2k $264.1k | Reduced -101.2k |
| CANADA LIFE ASSURANCE Co 0.00% of their portfolio | 97.3k $255.0k | Added +4.7k |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 96.1k $252.2k | Added +8 |
| OPPENHEIMER ASSET MANAGEMENT INC. 0.00% of their portfolio | 95.4k $249.0k | Reduced -17.5k |
| Y-Intercept (Hong Kong) Ltd 0.02% of their portfolio | 93.6k $244.2k | New |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 88.9k $232.0k | Reduced -6.8k |
| Equitable Holdings, Inc. 0.00% of their portfolio | 85.0k $221.8k | Added +35.0k |
| Calamos Advisors LLC 0.00% of their portfolio | 82.4k $215.1k | Unchanged |
| CITIGROUP INC 0.00% of their portfolio | 78.7k $205.5k | Reduced -491.1k |
| BROWN BROTHERS HARRIMAN & CO 0.00% of their portfolio | 73.5k $191.8k | Unchanged |
| Verition Fund Management LLC 0.00% of their portfolio | 71.9k $187.7k | Reduced -150.5k |
| INDEPENDENT FINANCIAL GROUP, LLC 0.01% of their portfolio | 64.5k $168.3k | Added +5.5k |
| Aquatic Capital Management LLC 0.01% of their portfolio | 61.7k $161.0k | Reduced -44.7k |
| Eos Management, L.P. 0.06% of their portfolio | 58.8k $153.5k | Unchanged |
| SG Americas Securities, LLC 0.00% of their portfolio | 58.1k $152.0k | Added +18.1k |
| NEUBERGER BERMAN GROUP LLC 0.00% of their portfolio | 57.6k $150.3k | Reduced -15.4k |
| ARIZONA STATE RETIREMENT SYSTEM 0.00% of their portfolio | 55.7k $145.5k | Reduced -957 |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 55.2k $144.1k | Added +1.1k |