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 ($68.3k this quarter). Holder counts are more reliable. Shares outstanding: 460.6m as of 2024-07-26, 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 ≈ $2.04. Options: 11 managers hold calls ($6.5m notional), 9 hold puts ($1.1m).
Trends to Q2 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 |
| Q2 2024 | 170 |
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 |
| Q2 2024 | 66 | 86 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $23.8m | $8.0m | 0.34 |
| Q4 2023 | $25.5m | $7.6m | 0.30 |
| Q1 2024 | $9.9m | $1.6m | 0.17 |
| Q2 2024 | $6.5m | $1.1m | 0.17 |
Biggest buyers
| Apollo Management Holdings, L.P. | Added | +7.7m |
| OAKTREE CAPITAL MANAGEMENT LP | New | +5.9m |
| Diameter Capital Partners LP | New | +4.2m |
| DEUTSCHE BANK AG\ | Added | +3.4m |
| FMR LLC | Added | +2.8m |
| KING STREET CAPITAL MANAGEMENT, L.P. | New | +2.5m |
| Empyrean Capital Partners, LP | New | +2.0m |
| FIL Ltd | New | +1.4m |
| Silver Rock Financial LP | New | +1.0m |
| STONEHILL CAPITAL MANAGEMENT LLC | New | +959.0k |
Biggest sellers
| MORGAN STANLEY | Reduced | -9.1m |
| TPG GP A, LLC | Sold out | -6.6m |
| BAUPOST GROUP LLC/MA | Sold out | -4.8m |
| Clarkston Capital Partners, LLC | Reduced | -2.9m |
| D. E. Shaw & Co., Inc. | Reduced | -2.2m |
| BlackRock Inc. | Reduced | -2.2m |
| Allianz Asset Management GmbH | Sold out | -1.6m |
| TWO SIGMA INVESTMENTS, LP | Reduced | -1.5m |
| FEDERATED HERMES, INC. | Reduced | -1.1m |
| MILLENNIUM MANAGEMENT LLC | Reduced | -1.1m |
Biggest calls
| CARRONADE CAPITAL MANAGEMENT, LP | New | $2.9m1.4m shares |
| Boundary Creek Advisors LP | Reduced | $2.0m1.0m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $415.8k203.8k shares |
| CITADEL ADVISORS LLC | Reduced | $392.9k192.6k shares |
| BNP PARIBAS FINANCIAL MARKETS | Unchanged | $214.2k1.1k shares |
| Lombard Odier Asset Management (USA) Corp | Unchanged | $204.0k100.0k shares |
| GROUP ONE TRADING LLC | Reduced | $201.1k98.6k shares |
| Walleye Trading LLC | Reduced | $81.8k40.1k shares |
| JANE STREET GROUP, LLC | Reduced | $36.9k18.1k shares |
| SIMPLEX TRADING, LLC | Reduced | $10.0k5.3k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $233.4k114.4k shares |
| CITADEL ADVISORS LLC | Reduced | $224.2k109.9k shares |
| JANE STREET GROUP, LLC | Added | $215.4k105.6k shares |
| BNP PARIBAS FINANCIAL MARKETS | Unchanged | $214.2k1.1k shares |
| Walleye Trading LLC | Reduced | $81.6k40.0k shares |
| SIMPLEX TRADING, LLC | Reduced | $77.0k38.0k shares |
| GROUP ONE TRADING LLC | Reduced | $31.6k15.5k shares |
| OSAIC HOLDINGS, INC. | Unchanged | $40040 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 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 Q2 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 |
|---|---|---|---|---|---|
| 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 | — | — |
| Q2 2024 | 0 | — | 0 | — | — |
None reported in Q2 2024.
Holders, Q2 2024
| Manager | Shares | Change |
|---|---|---|
| FMR LLC 0.00% of their portfolio | 31.9m $65.1m | Added +2.8m |
| Clarkston Capital Partners, LLC 1.22% of their portfolio | 31.2m $63.7m | Reduced -2.9m |
| VANGUARD GROUP INC 0.00% of their portfolio | 21.5m $43.8m | Added +189.1k |
| D. E. Shaw & Co., Inc. 0.03% of their portfolio | 11.5m $23.5m | Reduced -2.2m |
| Apollo Management Holdings, L.P. 0.36% of their portfolio | 10.0m $20.4m | Added +7.7m |
| REDWOOD CAPITAL MANAGEMENT, LLC 2.57% of their portfolio | 8.2m $16.7m | Unchanged |
| LOOMIS SAYLES & CO L P 0.02% of their portfolio | 7.4m $15.0m | Reduced -152.6k |
| THOMPSON SIEGEL & WALMSLEY LLC 0.23% of their portfolio | 7.1m $14.5m | Reduced -45.9k |
| BlackRock Inc. 0.00% of their portfolio | 6.7m $13.6m | Reduced -2.2m |
| OAKTREE CAPITAL MANAGEMENT LP 0.21% of their portfolio | 5.9m $12.1m | New |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.00% of their portfolio | 5.7m $11.6m | Added +24.5k |
| PRIMECAP MANAGEMENT CO/CA/ 0.01% of their portfolio | 4.9m $9.9m | Unchanged |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 4.7m $9.6m | Reduced -380.2k |
| Assenagon Asset Management S.A. 0.02% of their portfolio | 4.4m $9.1m | Reduced -82.3k |
| Diameter Capital Partners LP 1.97% of their portfolio | 4.2m $8.5m | New |
| Mount Capital Ltd 3.21% of their portfolio | 3.9m $8.0m | Unchanged |
| MORGAN STANLEY 0.00% of their portfolio | 3.8m $7.7m | Reduced -9.1m |
| RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio | 3.7m $7.6m | Reduced -85.1k |
| Cerberus Capital Management, L.P. 0.21% of their portfolio | 3.7m $7.5m | Added +187.1k |
| ARES MANAGEMENT LLC 0.21% of their portfolio | 3.5m $7.2m | Unchanged |
| UBS Group AG 0.00% of their portfolio | 3.4m $7.0m | Reduced -26.3k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 3.4m $6.9m | Added +3.4m |
| Balyasny Asset Management L.P. 0.02% of their portfolio | 3.1m $6.4m | Reduced -825.2k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 2.7m $5.4m | Reduced -434 |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 2.5m $5.2m | Reduced -746.5k |
| KING STREET CAPITAL MANAGEMENT, L.P. 6.41% of their portfolio | 2.5m $5.1m | New |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 2.5m $5.1m | Added +52.1k |
| AQR CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 2.2m $4.5m | Reduced -134.6k |
| Hudson Bay Capital Management LP 0.03% of their portfolio | 2.1m $4.4m | Reduced -350.0k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 2.0m $4.1m | Reduced -368.6k |
| Empyrean Capital Partners, LP 0.25% of their portfolio | 2.0m $4.1m | New |
| CastleKnight Management LP 0.54% of their portfolio | 2.0m $4.1m | Added +255.0k |
| FEDERATED HERMES, INC. 0.01% of their portfolio | 1.8m $3.7m | Reduced -1.1m |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 1.8m $3.6m | Added +48.1k |
| STATE STREET CORP 0.00% of their portfolio | 1.5m $3.0m | Reduced -68.3k |
| FIL Ltd 0.00% of their portfolio | 1.4m $2.9m | New |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 1.3m $2.7m | Added +9.2k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 1.3m $2.6m | Reduced -1.1m |
| PAULSON & CO. INC. 0.17% of their portfolio | 1.2m $2.4m | Unchanged |
| Taconic Capital Advisors LP 0.19% of their portfolio | 1.1m $2.2m | Not comparable |
| Silver Rock Financial LP 8.12% of their portfolio | 1.0m $2.0m | New |
| TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio | 961.4k $2.0m | Reduced -1.5m |
| STONEHILL CAPITAL MANAGEMENT LLC 1.46% of their portfolio | 959.0k $2.0m | New |
| LMR Partners LLP 0.04% of their portfolio | 945.0k $1.9m | New |
| Paloma Partners Management Co 0.14% of their portfolio | 810.9k $1.7m | Added +260.9k |
| NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio | 799.2k $1.6m | Unchanged |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.00% of their portfolio | 799.0k $1.6m | Unchanged |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.03% of their portfolio | 733.3k $1.5m | Unchanged |
| Kite Lake Capital Management (UK) LLP 2.67% of their portfolio | 730.0k $1.5m | Unchanged |
| BRUNI J V & CO /CO 0.18% of their portfolio | 721.7k $1.5m | Reduced -7.4k |
| BARCLAYS PLC 0.00% of their portfolio | 693.4k $1.4m | Added +591.9k |
| Clearline Capital LP 0.11% of their portfolio | 636.4k $1.3m | Unchanged |
| NORTHERN TRUST CORP 0.00% of their portfolio | 633.9k $1.3m | Added +24.5k |
| COMPASS ROSE ASSET MANAGEMENT, LP 2.39% of their portfolio | 600.0k $1.2m | New |
| Mitsubishi UFJ Trust & Banking Corp 0.00% of their portfolio | 599.8k $1.2m | Added +139.2k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.00% of their portfolio | 595.1k $1.2m | Unchanged |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 540.3k $1.1m | Added +314.5k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 487.6k $994.8k | Added +30.9k |
| WOLVERINE ASSET MANAGEMENT LLC 0.02% of their portfolio | 475.4k $969.9k | Unchanged |
| Swiss National Bank 0.00% of their portfolio | 399.7k $815.4k | Unchanged |
| READYSTATE ASSET MANAGEMENT LP 0.04% of their portfolio | 393.3k $802.3k | Added +35.7k |
| TWO SIGMA ADVISERS, LP 0.00% of their portfolio | 377.1k $769.2k | Reduced -265.6k |
| ARISTEIA CAPITAL, L.L.C. 0.02% of their portfolio | 322.1k $657.0k | New |
| ALGERT GLOBAL LLC 0.02% of their portfolio | 317.4k $647.5k | Reduced -68.4k |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 314.9k $642.3k | New |
| Thrivent Financial for Lutherans 0.00% of their portfolio | 308.9k $630.0k | Reduced -13.2k |
| Brevan Howard Capital Management LP 0.04% of their portfolio | 288.8k $589.1k | New |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 285.5k $582.4k | Reduced -945.5k |
| Rafferty Asset Management, LLC 0.00% of their portfolio | 276.5k $564.0k | Unchanged |
| PORTLAND INVESTMENT COUNSEL INC. 0.20% of their portfolio | 269.7k $550.1k | Unchanged |
| MARSHALL WACE, LLP 0.00% of their portfolio | 260.6k $531.6k | Reduced -741.7k |
| CARRONADE CAPITAL MANAGEMENT, LP 0.17% of their portfolio | 257.8k $526.0k | New |
| Legal & General Group Plc 0.00% of their portfolio | 229.2k $467.5k | Unchanged |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 221.6k $452.0k | Added +13.6k |
| SIMPLEX TRADING, LLC 0.01% of their portfolio | 212.3k $433.0k | Added +195.6k |
| Dynamic Technology Lab Private Ltd 0.05% of their portfolio | 204.1k $416.0k | New |
| Integrated Investment Consultants, LLC 0.14% of their portfolio | 199.1k $519.7k | Unchanged |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 198.2k $404.2k | Reduced -36.1k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 184.0k $375.5k | Added +1.7k |
| HRT FINANCIAL LP 0.00% of their portfolio | 181.2k $369.0k | New |
| Graham Capital Management, L.P. 0.01% of their portfolio | 170.3k $347.3k | New |
| MHR FUND MANAGEMENT LLC 0.04% of their portfolio | 167.8k $342.3k | Unchanged |
| GROUP ONE TRADING LLC 0.01% of their portfolio | 156.7k $319.6k | New |
| Point72 Asset Management, L.P. 0.00% of their portfolio | 150.0k $306.0k | Added +109.0k |
| Fiduciary Trust Co 0.00% of their portfolio | 123.8k $252.5k | Unchanged |
| RAYMOND JAMES TRUST N.A. 0.01% of their portfolio | 120.4k $245.7k | Added +1.7k |
| Lido Advisors, LLC 0.00% of their portfolio | 113.5k $231.5k | Unchanged |
| PINNACLE ASSOCIATES LTD 0.00% of their portfolio | 101.7k $207.4k | Unchanged |
| OPPENHEIMER ASSET MANAGEMENT INC. 0.00% of their portfolio | 95.2k $194.1k | Reduced -250 |
| Equitable Holdings, Inc. 0.00% of their portfolio | 95.0k $193.8k | Added +10.0k |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 94.3k $193.8k | Reduced -1.8k |
| Verition Fund Management LLC 0.00% of their portfolio | 92.0k $187.6k | Added +20.0k |
| TUDOR INVESTMENT CORP ET AL 0.00% of their portfolio | 90.1k $183.9k | Reduced -591.2k |
| Squarepoint Ops LLC 0.00% of their portfolio | 89.5k $182.6k | New |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 88.9k $182.3k | Added +21 |
| Calamos Advisors LLC 0.00% of their portfolio | 82.4k $168.1k | Unchanged |
| XTX Topco Ltd 0.01% of their portfolio | 81.3k $165.9k | Added +43.0k |
| BROWN BROTHERS HARRIMAN & CO 0.00% of their portfolio | 71.8k $146.5k | Reduced -1.7k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 66.4k $136.0k | Added +15.7k |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio | 62.3k $127.1k | Added +27.7k |