Vault-13

AVIAT NETWORKS INC AVNW

COM NEW · Common Stock · CUSIP 05366Y201

Telecommunications company

129 institutional holders +6 vs Q3 2023
9,462,2319.5m shares reported held*
75.4% of all shares outstanding*
$310.3mreported value*
14 new 58 added 28 reduced 8 sold out net bought ≈ $14.2m (+436.2k shares)

* 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. Holder counts are more reliable. Shares outstanding: 12.5m as of 2024-02-02, 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 ≈ $32.79. Options: 5 managers hold calls ($7.2m notional), 3 hold puts ($378.5k).

Trends to Q4 2023

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 119Q4 22: 120Q1 23: 118Q2 23: 114Q3 23: 123Q4 23: 129129Q3 22Q4 22Q1 23Q2 23Q3 23Q4 23
Numbers
QuarterHolders
Q3 2022119
Q4 2022120
Q1 2023118
Q2 2023114
Q3 2023123
Q4 2023129

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
1000100Q4 22: 52 bought or addedQ4 22: 56 cut or sold outQ4 22Q1 23: 51 bought or addedQ1 23: 45 cut or sold outQ1 23Q2 23: 48 bought or addedQ2 23: 60 cut or sold outQ2 23Q3 23: 57 bought or addedQ3 23: 46 cut or sold outQ3 23Q4 23: 72 bought or addedQ4 23: 36 cut or sold outQ4 23
Numbers
QuarterBought or addedCut or sold out
Q4 20225256
Q1 20235145
Q2 20234860
Q3 20235746
Q4 20237236

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$2m$4m$6m$8mQ1 23 calls: $7.7mQ1 23 puts: $112.9kQ1 23P/C 0.01Q2 23 calls: $7.4mQ2 23 puts: $323.3kQ2 23P/C 0.04Q3 23 calls: $5.6mQ3 23 puts: $638.9kQ3 23P/C 0.11Q4 23 calls: $7.2mQ4 23 puts: $378.5kQ4 23P/C 0.05
Numbers
QuarterCallsPutsP/C
Q1 2023$7.7m$112.9k0.01
Q2 2023$7.4m$323.3k0.04
Q3 2023$5.6m$638.9k0.11
Q4 2023$7.2m$378.5k0.05

Biggest buyers

JPMORGAN CHASE & CO Added +221,467+221.5k
FMR LLC Added +206,301+206.3k
MORGAN STANLEY Added +188,250+188.2k
Hodges Capital Management Inc. Added +125,075+125.1k
Millrace Asset Group, Inc. New +49,501+49.5k
BlackRock Inc. Added +49,020+49.0k
272 Capital LP Added +47,133+47.1k
Squarepoint Ops LLC Added +34,807+34.8k
INTRINSIC EDGE CAPITAL MANAGEMENT LLC Added +30,000+30.0k
BOOTHBAY FUND MANAGEMENT, LLC Added +29,861+29.9k

Biggest sellers

AIGH Capital Management LLC Sold out -317,544-317.5k
LSV ASSET MANAGEMENT Reduced -186,351-186.4k
Worth Venture Partners, LLC Sold out -75,046-75.0k
SG Capital Management LLC Reduced -57,614-57.6k
PUTNAM INVESTMENTS LLC Reduced -48,011-48.0k
Allspring Global Investments Holdings, LLC Reduced -47,538-47.5k
ROYCE & ASSOCIATES LP Reduced -36,043-36.0k
MACQUARIE GROUP LTD Sold out -35,786-35.8k
First Dallas Securities Inc. Sold out -34,300-34.3k
RENAISSANCE TECHNOLOGIES LLC Reduced -25,522-25.5k

Biggest calls

CITADEL ADVISORS LLC Added $3.5m106.6k shares
GROUP ONE TRADING LLC Added $1.6m47.8k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $1.2m35.8k shares
SIMPLEX TRADING, LLC Added $1.0m31.6k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

CITADEL ADVISORS LLC Reduced $313.5k9.6k shares
SIMPLEX TRADING, LLC Reduced $65.0k2.0k 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.

HolderStakeChangeShares Last filed
Tieton Capital Management, LLC 13G · institution new · filed 2025-02-11 5.1% new 650.3k≈ $14.4m 2025-02-11

Fell to 5% or below in the last year: ROYCE & ASSOCIATES LP (4.6%, 2026-10-13), VANGUARD GROUP INC (0.0%, 2026-03-26)

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)

BuyingSelling
505Q1 22: 1 buyingQ1 22: 0 sellingQ2 22: 0 buyingQ2 22: 0 sellingQ2 22Q3 22: 2 buyingQ3 22: 4 sellingQ4 22: 0 buyingQ4 22: 0 sellingQ4 22Q1 23: 0 buyingQ1 23: 0 sellingQ2 23: 1 buyingQ2 23: 0 sellingQ2 23Q3 23: 0 buyingQ3 23: 5 sellingQ4 23: 0 buyingQ4 23: 0 sellingQ4 23
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q1 20221$51.7k0——
Q2 20220—0——
Q3 20222$66.1k4$62.1k—
Q4 20220—0——
Q1 20230—0——
Q2 20231$29.8k0——
Q3 20230—5$814.5k—
Q4 20230—0——

None reported in Q4 2023.

Holders, Q4 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 PARADIGM CAPITAL MANAGEMENT INC/NY 1.50% of their portfolio ALBANY, NY 884,112884.1k $28.9m $28.9m 1.50% Added +6.3k +6,300
2 BlackRock Inc. 0.00% of their portfolio New York, NY 775,885775.9k $25.3m $25.3m 0.00% Added +49.0k +49,020
3 ROYCE & ASSOCIATES LP 0.18% of their portfolio New York, NY 610,262610.3k $19.9m $19.9m 0.18% Reduced -36.0k -36,043
4 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 540,409540.4k $17.6m $17.6m 0.00% Added +26.1k +26,110
5 PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. 0.98% of their portfolio EDINA, MN 512,360512.4k $16.7m $16.7m 0.98% Added +15.0k +14,977
6 Select Equity Group, L.P. 0.05% of their portfolio NEW YORK, NY 433,461433.5k $14.2m $14.2m 0.05% Added +22.1k +22,071
7 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 401,528401.5k $13.1m $13.1m 0.00% Added +221.5k +221,467
8 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 396,521396.5k $13.0m $13.0m 0.00% Added +6.5k +6,506
9 RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio NEW YORK, NY 269,906269.9k $8.8m $8.8m 0.01% Reduced -25.5k -25,522
10 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 265,434265.4k $8.7m $8.7m 0.00% Reduced -1.9k -1,900
11 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 251,780251.8k $8.2m $8.2m 0.00% Added +18.0k +18,011
12 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 238,524238.5k $7.8m $7.8m 0.00% Added +188.2k +188,250
13 Hodges Capital Management Inc. 0.40% of their portfolio DALLAS, TX 225,510225.5k $7.4m $7.4m 0.40% Added +125.1k +125,075
14 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 216,582216.6k $7.1m $7.1m 0.00% Added +13.2k +13,229
15 FMR LLC 0.00% of their portfolio BOSTON, MA 207,062207.1k $6.8m $6.8m 0.00% Added +206.3k +206,301
16 272 Capital LP 2.20% of their portfolio DALLAS, TX 203,411203.4k $6.5m $6.5m 2.20% Added +47.1k +47,133
17 First Eagle Investment Management, LLC 0.02% of their portfolio NEW YORK, NY 195,309195.3k $6.4m $6.4m 0.02% Reduced -3.9k -3,851
18 LSV ASSET MANAGEMENT 0.01% of their portfolio CHICAGO, IL 181,340181.3k $5.9m $5.9m 0.01% Reduced -186.4k -186,351
19 AWM Investment Company, Inc. 0.56% of their portfolio NEW YORK, NY 130,808130.8k $4.3m $4.3m 0.56% Added +7.2k +7,169
20 PenderFund Capital Management Ltd. 1.83% of their portfolio VANCOUVER, A1 129,524129.5k $5.6m $5.6m 1.83% Unchanged
21 OBERWEIS ASSET MANAGEMENT INC/ 0.39% of their portfolio LISLE, IL 129,207129.2k $4.2m $4.2m 0.39% Added +3.9k +3,900
22 HERALD INVESTMENT MANAGEMENT Ltd 0.78% of their portfolio LONDON, X0 125,000125.0k $4.1m $4.1m 0.78% Added +15.0k +15,000
23 PUTNAM INVESTMENTS LLC 0.01% of their portfolio BOSTON, MA 124,356124.4k $4.1m $4.1m 0.01% Reduced -48.0k -48,011
24 Aristides Capital LLC 2.01% of their portfolio LOUISVILLE, KY 122,472122.5k $4.0m $4.0m 2.01% Unchanged
25 BOOTHBAY FUND MANAGEMENT, LLC 0.13% of their portfolio NEW YORK, NY 116,394116.4k $3.8m $3.8m 0.13% Added +29.9k +29,861
26 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 101,563101.6k $3.3m $3.3m 0.00% Added +2.5k +2,452
27 Driehaus Capital Management LLC 0.04% of their portfolio Chicago, IL 97,27397.3k $3.2m $3.2m 0.04% Reduced -38 -38
28 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 82,77582.8k $2.7m $2.7m 0.00% Added +18.6k +18,551
29 INTRINSIC EDGE CAPITAL MANAGEMENT LLC 0.23% of their portfolio CHICAGO, IL 67,10067.1k $2.2m $2.2m 0.23% Added +30.0k +30,000
30 GLOBEFLEX CAPITAL L P 0.22% of their portfolio SAN DIEGO, CA 66,47866.5k $2.2m $2.2m 0.22% Reduced -2.4k -2,400
31 Assenagon Asset Management S.A. 0.01% of their portfolio SENNINGERBERG, N4 63,69763.7k $2.1m $2.1m 0.01% Unchanged
32 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 59,12159.1k $1.9m $1.9m 0.00% Added +2.0k +2,049
33 WHITE PINE CAPITAL LLC 0.73% of their portfolio BLOOMINGTON, MN 58,21958.2k $1.9m $1.9m 0.73% Reduced -551 -551
34 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 51,95252.0k $1.7m $1.7m 0.00% Added +10.8k +10,817
35 Millrace Asset Group, Inc. 1.60% of their portfolio BERWYN, PA 49,50149.5k $1.6m $1.6m 1.60% New
36 TWO SIGMA ADVISERS, LP 0.00% of their portfolio NEW YORK, NY 49,20049.2k $1.6m $1.6m 0.00% Reduced -6.8k -6,800
37 Squarepoint Ops LLC 0.01% of their portfolio NEW YORK, NY 48,67948.7k $1.6m $1.6m 0.01% Added +34.8k +34,807
38 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 41,23241.2k $1.3m $1.3m 0.00% Reduced -7.1k -7,140
39 Ancora Advisors LLC 0.03% of their portfolio Cleveland, OH 40,12840.1k $1.3m $1.3m 0.03% Added +13.4k +13,386
40 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 33,49133.5k $1.1m $1.1m 0.00% Added +6.7k +6,741
41 MARSHALL WACE, LLP 0.00% of their portfolio LONDON, X0 33,45733.5k $1.1m $1.1m 0.00% Reduced -18.4k -18,388
42 TECTONIC ADVISORS LLC 0.09% of their portfolio FRISCO, TX 33,14733.1k $1.1m $1.1m 0.09% Reduced -1.0k -1,029
43 FIRST TRUST ADVISORS LP 0.00% of their portfolio Wheaton, IL 32,19332.2k $1.1m $1.1m 0.00% Added +1.5k +1,500
44 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 31,18131.2k $1.0m $1.0m 0.00% Added +932 +932
45 LOS ANGELES CAPITAL MANAGEMENT LLC 0.00% of their portfolio LOS ANGELES, CA 29,49029.5k $963.1k $963.1k 0.00% Unchanged
46 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 28,47628.5k $930.0k $930.0k 0.00% Added +5.9k +5,902
47 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 26,79026.8k $875.0k $875.0k 0.00% Added +3.7k +3,661
48 Kent Lake Capital LLC 0.33% of their portfolio RENO, NV 26,02126.0k $849.8k $849.8k 0.33% Unchanged
49 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 24,07324.1k $786.2k $786.2k 0.00% Reduced -2.5k -2,454
50 Campbell & CO Investment Adviser LLC 0.07% of their portfolio BALTIMORE, MD 23,66423.7k $772.9k $772.9k 0.07% Added +6.6k +6,648
51 Atom Investors LP 0.13% of their portfolio AUSTIN, TX 23,07323.1k $753.6k $753.6k 0.13% New
52 Allspring Global Investments Holdings, LLC 0.00% of their portfolio CHARLOTTE, NC 20,96921.0k $684.8k $684.8k 0.00% Reduced -47.5k -47,538
53 Perritt Capital Management Inc 0.38% of their portfolio Chicago, IL 20,95020.9k $684.2k $684.2k 0.38% Reduced -1.0k -1,000
54 Alberta Investment Management Corp 0.01% of their portfolio EDMONTON, A0 20,52520.5k $670.3k $670.3k 0.01% Unchanged
55 DELPHI MANAGEMENT INC /MA/ 0.60% of their portfolio BROOKLINE, MA 20,14620.1k $658.0k $658.0k 0.60% Added +9.4k +9,371
56 HERITAGE INVESTORS MANAGEMENT CORP 0.02% of their portfolio BETHESDA, MD 19,17519.2k $626.0k $626.0k 0.02% Unchanged
57 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 18,21318.2k $594.9k $594.9k 0.00% Added +166 +166
58 PANAGORA ASSET MANAGEMENT INC 0.00% of their portfolio BOSTON, MA 18,07018.1k $590.2k $590.2k 0.00% New
59 Trexquant Investment LP 0.01% of their portfolio STAMFORD, CT 17,41417.4k $568.7k $568.7k 0.01% New
60 Petrus Trust Company, LTA 0.05% of their portfolio Dallas, TX 17,38917.4k $567.9k $567.9k 0.05% Added +8.2k +8,237
61 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 16,64016.6k $543.5k $543.5k 0.00% Reduced -5.6k -5,602
62 CORNERCAP INVESTMENT COUNSEL INC 0.09% of their portfolio Atlanta, GA 16,44716.4k $537.2k $537.2k 0.09% Unchanged
63 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 16,02716.0k $523.4k $523.4k 0.00% Added +14.0k +14,022
64 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 15,43215.4k $504.0k $504.0k 0.00% Added +3.7k +3,740
65 Acuitas Investments, LLC 0.24% of their portfolio Seattle, WA 14,07314.1k $459.6k $459.6k 0.24% New
66 WOLVERINE TRADING, LLC 0.00% of their portfolio CHICAGO, IL 13,79713.8k $450.6k $450.6k 0.00% New
67 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 13,43913.4k $439.0k $439.0k 0.00% Added +1.9k +1,895
68 HRT FINANCIAL LP 0.00% of their portfolio NEW YORK, NY 12,82412.8k $418.0k $418.0k 0.00% Reduced -7.0k -7,002
69 KIRR MARBACH & CO LLC /IN/ 0.11% of their portfolio COLUMBUS, IN 12,60012.6k $411.5k $411.5k 0.11% Unchanged
70 Dynamic Technology Lab Private Ltd 0.04% of their portfolio SINGAPORE, U0 12,26812.3k $400.0k $400.0k 0.04% New
71 Mesirow Financial Investment Management, Inc. 0.01% of their portfolio CHICAGO, IL 11,52111.5k $355.3k $355.3k 0.01% Unchanged
72 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 11,34611.3k $370.6k $370.6k 0.00% Added +3.3k +3,263
73 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 10,98811.0k $358.9k $358.9k 0.00% Reduced -2.1k -2,124
74 SG Capital Management LLC 0.13% of their portfolio CHICAGO, IL 10,97811.0k $358.5k $358.5k 0.13% Reduced -57.6k -57,614
75 VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio ATLANTA, GA 9,8449.8k $321.5k $321.5k 0.00% Added +135 +135
76 Qube Research & Technologies Ltd 0.00% of their portfolio LONDON, X0 9,7609.8k $318.8k $318.8k 0.00% Added +6.7k +6,716
77 Watershed Asset Management, L.L.C. 0.36% of their portfolio San Francisco, CA 9,3469.3k $305.2k $305.2k 0.36% Added +841 +841
78 Private Advisor Group, LLC 0.00% of their portfolio MORRISTOWN, NJ 8,8238.8k $288.2k $288.2k 0.00% Added +119 +119
79 Truvestments Capital LLC 0.12% of their portfolio SARASOTA, FL 8,4418.4k $275.7k $275.7k 0.12% Added +276 +276
80 LVZ, Inc. 0.04% of their portfolio Holland, MI 8,2688.3k $270.0k $270.0k 0.04% Added +834 +834
81 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 8,1768.2k $267.0k $267.0k 0.00% Reduced -1.4k -1,360
82 Nebula Research & Development LLC 0.08% of their portfolio New York, NY 8,1758.2k $267.0k $267.0k 0.08% New
83 AlphaQ Advisors LLC 0.18% of their portfolio Winter Park, FL 8,1178.1k $265.1k $265.1k 0.18% New
84 BAILARD, INC. 0.01% of their portfolio Foster City, CA 7,8007.8k $254.7k $254.7k 0.01% New
85 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 7,4317.4k $242.7k $242.7k 0.00% Added +999 +999
86 Y-Intercept (Hong Kong) Ltd 0.02% of their portfolio HONG KONG, K3 7,3047.3k $238.5k $238.5k 0.02% New
87 XTX Topco Ltd 0.05% of their portfolio LONDON, X0 6,6066.6k $215.8k $215.8k 0.05% Reduced -1.2k -1,250
88 SG Americas Securities, LLC 0.00% of their portfolio NEW YORK, NY 6,2186.2k $203.0k $203.0k 0.00% Added +1.4k +1,450
89 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 5,9516.0k $194.3k $194.3k 0.00% Added +943 +943
90 TURTLE CREEK ASSET MANAGEMENT INC. 0.01% of their portfolio TORONTO, A6 5,8005.8k $189.4k $189.4k 0.01% Added +1.8k +1,800
91 MetLife Investment Management, LLC 0.00% of their portfolio Whippany, NJ 5,7185.7k $186.8k $186.8k 0.00% Unchanged
92 AMERICAN INTERNATIONAL GROUP, INC. 0.00% of their portfolio New York, NY 5,6605.7k $184.9k $184.9k 0.00% Added +132 +132
93 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 5,5805.6k $182.2k $182.2k 0.00% Reduced -229 -229
94 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 5,4975.5k $179.5k $179.5k 0.00% Added +4 +4
95 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 5,3975.4k $176.3k $176.3k 0.00% Reduced -5.5k -5,467
96 UBS Group AG 0.00% of their portfolio ZURICH, V8 4,0144.0k $131.1k $131.1k 0.00% Added +3.8k +3,820
97 INSTITUTIONAL & FAMILY ASSET MANAGEMENT, LLC 0.02% of their portfolio Fort Collins, CO 4,0004.0k $130.6k $130.6k 0.02% Unchanged
98 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 2,9623.0k $96.7k $96.7k 0.00% Reduced -1.4k -1,390
99 Quantbot Technologies LP 0.01% of their portfolio NEW YORK, NY 2,9102.9k $95.0k $95.0k 0.01% Added +1.9k +1,911
100 LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 2,8772.9k $93.0k $93.0k 0.00% Added +19 +19