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 ($66.5k this quarter). Holder counts are more reliable. Shares outstanding: 476.5m as of 2026-05-01, 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 ≈ $1.30. Options: 5 managers hold calls ($194.0k notional), 2 hold puts ($17.2k).
Trends to Q1 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 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q2 2024 | 66 | 86 |
| 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 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2025 | $3.2m | $219.1k | 0.07 |
| Q3 2025 | $4.0m | $286.4k | 0.07 |
| Q4 2025 | $2.6m | $107.7k | 0.04 |
| Q1 2026 | $194.0k | $17.2k | 0.09 |
Biggest buyers
| Centerbridge Partners, L.P. | New | +4.7m |
| Hudson Bay Capital Management LP | Added | +4.3m |
| Point72 Asset Management, L.P. | Added | +3.4m |
| JPMORGAN CHASE & CO | Added | +3.1m |
| LMR Partners LLP | Added | +1.9m |
| GOLDMAN SACHS GROUP INC | Added | +1.1m |
| BW Gestao de Investimentos Ltda. | Added | +651.0k |
| CARRONADE CAPITAL MANAGEMENT, LP | Added | +558.0k |
| Helix Partners Management LP | Added | +450.0k |
| CastleKnight Management LP | Added | +332.1k |
Biggest sellers
| MILLENNIUM MANAGEMENT LLC | Reduced | -5.3m |
| FOURSIXTHREE CAPITAL LP | Reduced | -3.3m |
| Diameter Capital Partners LP | Sold out | -3.2m |
| Bracebridge Capital, LLC | Reduced | -1.4m |
| DEUTSCHE BANK AG\ | Reduced | -1.3m |
| DIMENSIONAL FUND ADVISORS LP | Reduced | -1.0m |
| D. E. Shaw & Co., Inc. | Reduced | -935.1k |
| SHENKMAN CAPITAL MANAGEMENT INC | Sold out | -863.2k |
| DARK FOREST CAPITAL MANAGEMENT LP | Reduced | -804.7k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | Reduced | -752.1k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $61.0k46.9k shares |
| SIMPLEX TRADING, LLC | Reduced | $41.3k31.8k shares |
| CITADEL ADVISORS LLC | Reduced | $38.1k29.3k shares |
| GROUP ONE TRADING LLC | Reduced | $32.5k25.0k shares |
| IMC-Chicago, LLC | New | $21.1k16.2k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | New | $16.5k12.7k shares |
| SIMPLEX TRADING, LLC | Reduced | $650500 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 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 |
|---|---|---|---|---|---|
| Q2 2024 | 0 | — | 0 | — | — |
| Q3 2024 | 0 | — | 0 | — | — |
| 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 |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-03-02 | Olsen Michael General Counsel and CCRO | Sold plan | $28.0k20.0k shares |
| 2026-02-17 | Olsen Michael General Counsel and CCRO | Sold | $400.0k250.0k 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, Q1 2026
| Manager | Shares | Change |
|---|---|---|
| Empyrean Capital Partners, LP 1.06% of their portfolio | 24.6m $32.0m | Reduced -450.0k |
| BlackRock, Inc. 0.00% of their portfolio | 20.5m $26.7m | Added +76.6k |
| DEUTSCHE BANK AG\ 0.01% of their portfolio | 15.2m $19.7m | Reduced -1.3m |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 11.7m $15.2m | First filing |
| Hudson Bay Capital Management LP 0.08% of their portfolio | 10.5m $13.7m | Added +4.3m |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 10.4m $13.7m | Added +3.1m |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 9.5m $12.4m | Reduced -5.3m |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.00% of their portfolio | 9.4m $12.3m | First filing |
| MILFAM LLC 11.48% of their portfolio | 8.8m $11.4m | First filing |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 8.7m $11.3m | Added +1.1m |
| D. E. Shaw & Co., Inc. 0.01% of their portfolio | 8.6m $11.1m | Reduced -935.1k |
| REDWOOD CAPITAL MANAGEMENT, LLC 1.58% of their portfolio | 8.2m $10.6m | Unchanged |
| KING STREET CAPITAL MANAGEMENT, L.P. 3.18% of their portfolio | 8.0m $10.4m | Unchanged |
| NOMURA HOLDINGS INC 0.08% of their portfolio | 7.4m $9.7m | Added +4.3k |
| OAKTREE CAPITAL MANAGEMENT LP 0.16% of their portfolio | 7.3m $9.5m | Reduced -169.5k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 6.7m $8.7m | Reduced -752.1k |
| CARRONADE CAPITAL MANAGEMENT, LP 0.62% of their portfolio | 6.6m $8.5m | Added +558.0k |
| STATE STREET CORP 0.00% of their portfolio | 6.4m $8.3m | Added +205.7k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 6.2m $8.0m | Reduced -79.4k |
| Apollo Management Holdings, L.P. 0.13% of their portfolio | 6.1m $7.9m | Unchanged |
| CastleKnight Management LP 0.33% of their portfolio | 5.4m $7.1m | Added +332.1k |
| Point72 Asset Management, L.P. 0.01% of their portfolio | 5.3m $6.8m | Added +3.4m |
| LOOMIS SAYLES & CO L P 0.01% of their portfolio | 5.1m $6.6m | Unchanged |
| Senator Investment Group LP 0.30% of their portfolio | 5.0m $6.5m | Unchanged |
| Centerbridge Partners, L.P. 9.96% of their portfolio | 4.7m $6.1m | New |
| MORGAN STANLEY 0.00% of their portfolio | 4.0m $5.2m | Reduced -331.3k |
| Cerberus Capital Management, L.P. 0.19% of their portfolio | 3.9m $5.1m | Unchanged |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 3.9m $5.1m | Reduced -28.4k |
| Mount Capital Ltd 2.04% of their portfolio | 3.9m $5.1m | Unchanged |
| ARES MANAGEMENT LLC 0.30% of their portfolio | 3.5m $4.6m | Unchanged |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 3.3m $4.3m | Reduced -21.3k |
| LMR Partners LLP 0.03% of their portfolio | 2.9m $3.8m | Added +1.9m |
| Silver Rock Financial LP 7.33% of their portfolio | 2.8m $3.6m | Unchanged |
| Kite Lake Capital Management (UK) LLP 3.26% of their portfolio | 2.5m $3.2m | Unchanged |
| 140 Summer Partners LP 0.29% of their portfolio | 2.5m $3.2m | Reduced -609.8k |
| Paloma Partners Management Co 1.73% of their portfolio | 2.4m $3.1m | Added +16.0k |
| HG Vora Capital Management, LLC 1.57% of their portfolio | 2.3m $3.0m | Unchanged |
| NORTHERN TRUST CORP 0.00% of their portfolio | 2.3m $2.9m | Added +297.4k |
| VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio | 1.8m $2.3m | First filing |
| Bracebridge Capital, LLC 0.41% of their portfolio | 1.8m $2.3m | Reduced -1.4m |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 1.7m $2.2m | Reduced -10.2k |
| Helix Partners Management LP 1.41% of their portfolio | 1.7m $2.2m | Added +450.0k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 1.7m $2.2m | Reduced -1.0m |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 1.6m $2.1m | Added +294.9k |
| BW Gestao de Investimentos Ltda. 0.09% of their portfolio | 1.6m $2.1m | Added +651.0k |
| Saba Capital Management, L.P. 0.06% of their portfolio | 1.4m $1.8m | Unchanged |
| FOURSIXTHREE CAPITAL LP 0.73% of their portfolio | 1.3m $1.7m | Reduced -3.3m |
| READYSTATE ASSET MANAGEMENT LP 0.09% of their portfolio | 1.2m $1.6m | Added +235.6k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 1.1m $1.4m | Added +43.3k |
| MHR FUND MANAGEMENT LLC 0.10% of their portfolio | 1.1m $1.4m | Unchanged |
| Rokos Capital Management LLP 0.02% of their portfolio | 1.0m $1.3m | Unchanged |
| MACKENZIE FINANCIAL CORP 0.00% of their portfolio | 978.7k $1.3m | Added +49.9k |
| UBS Group AG 0.00% of their portfolio | 896.4k $1.2m | Reduced -331.2k |
| Alta Fundamental Advisers LLC 0.38% of their portfolio | 750.0k $975.0k | Unchanged |
| Bank of New York Mellon Corp 0.00% of their portfolio | 702.3k $912.9k | Reduced -15.3k |
| Taconic Capital Advisors LP 0.60% of their portfolio | 676.8k $879.8k | Added +14.0k |
| Nuveen, LLC 0.00% of their portfolio | 575.1k $747.6k | Added +3.3k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 546.7k $710.7k | Reduced -6.0k |
| WOLVERINE ASSET MANAGEMENT LLC 0.01% of their portfolio | 475.4k $618.1k | Unchanged |
| Invesco Ltd. 0.00% of their portfolio | 469.5k $610.3k | Added +23.4k |
| Swiss National Bank 0.00% of their portfolio | 467.2k $607.4k | Unchanged |
| FEDERATED HERMES, INC. 0.00% of their portfolio | 437.0k $568.1k | Added +186.4k |
| PEAK6 LLC 0.01% of their portfolio | 396.8k $515.8k | Reduced -88.4k |
| Mitsubishi UFJ Trust & Banking Corp 0.00% of their portfolio | 395.4k $514.1k | Reduced -46.1k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 304.6k $395.9k | Added +201.4k |
| Allianz Asset Management GmbH 0.00% of their portfolio | 303.8k $395.0k | Added +1.2k |
| MIRABELLA FINANCIAL SERVICES LLP 0.04% of their portfolio | 300.0k $390.0k | Added +210.0k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 291.6k $379.1k | Added +16.1k |
| EntryPoint Capital, LLC 0.11% of their portfolio | 291.2k $378.5k | Added +222.1k |
| Jefferies Financial Group Inc. 0.00% of their portfolio | 240.0k $312.0k | Reduced -3.6k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 236.5k $390.2k | Unchanged |
| AlTi Global, Inc. 0.01% of their portfolio | 231.1k $300.4k | Added +81.1k |
| ACADIAN ASSET MANAGEMENT LLC 0.00% of their portfolio | 228.3k $294.0k | New |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 226.8k $294.8k | Reduced -16.6k |
| Corient Private Wealth LP 0.00% of their portfolio | 211.0k $274.3k | Reduced -211.1k |
| ALGERT GLOBAL LLC 0.00% of their portfolio | 210.8k $274.0k | New |
| 683 Capital Management, LLC 0.02% of their portfolio | 203.1k $264.0k | New |
| Sentinel Dome Partners, LLC 0.25% of their portfolio | 200.0k $260.0k | Unchanged |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 195.5k $255.0k | Unchanged |
| Susquehanna Portfolio Strategies, LLC 0.00% of their portfolio | 188.1k $244.5k | Reduced -55.6k |
| Legal & General Group Plc 0.00% of their portfolio | 178.3k $231.7k | Reduced -86.0k |
| VANGUARD ASSET MANAGEMENT, Ltd 0.00% of their portfolio | 149.3k $194.0k | First filing |
| Quantbot Technologies LP 0.01% of their portfolio | 135.5k $176.1k | Added +39.4k |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 129.4k $168.2k | Reduced -129.4k |
| MetLife Investment Management, LLC 0.00% of their portfolio | 128.5k $167.0k | Added +24.2k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 124.4k $161.7k | Added +3.0k |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio | 119.0k $154.7k | Unchanged |
| Lido Advisors, LLC 0.00% of their portfolio | 113.5k $147.5k | Reduced -46 |
| BARCLAYS PLC 0.00% of their portfolio | 107.3k $139.5k | Reduced -320.1k |
| KLP KAPITALFORVALTNING AS 0.00% of their portfolio | 104.3k $135.6k | Added +15.8k |
| PINNACLE ASSOCIATES LTD 0.00% of their portfolio | 101.9k $132.4k | Reduced -3 |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 100.4k $130.6k | Reduced -294.2k |
| Vanguard Global Advisers, LLC 0.00% of their portfolio | 100.2k $130.2k | First filing |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 94.3k $123.1k | Unchanged |
| SG Americas Securities, LLC 0.00% of their portfolio | 88.2k $115.0k | Added +41.8k |
| IEQ CAPITAL, LLC 0.00% of their portfolio | 86.8k $112.8k | Added +16.5k |
| DARK FOREST CAPITAL MANAGEMENT LP 0.01% of their portfolio | 84.3k $109.5k | Reduced -804.7k |
| Calamos Advisors LLC 0.00% of their portfolio | 82.4k $107.1k | Unchanged |
| CWM, LLC 0.00% of their portfolio | 74.0k $96.2k | Added +44.9k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 73.1k $95.0k | Reduced -8.1k |