AVIAT NETWORKS INC AVNW
COM NEW · Common Stock · CUSIP 05366Y201
Telecommunications company
- SectorTechnology
- IndustryRadio & Tv Broadcasting & Communications Equipment
- HeadquartersAustin, TX
- Websiteaviatnetworks.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. Holder counts are more reliable. Shares outstanding: 12.6m as of 2024-04-29, 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 ≈ $38.47. Options: 7 managers hold calls ($8.1m notional), 6 hold puts ($2.6m).
Trends to Q1 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 119 |
| Q4 2022 | 120 |
| Q1 2023 | 118 |
| Q2 2023 | 114 |
| Q3 2023 | 123 |
| Q4 2023 | 129 |
| Q1 2024 | 108 |
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 | 52 | 56 |
| Q1 2023 | 51 | 45 |
| Q2 2023 | 48 | 60 |
| Q3 2023 | 57 | 46 |
| Q4 2023 | 72 | 36 |
| Q1 2024 | 53 | 59 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2023 | $7.4m | $323.3k | 0.04 |
| Q3 2023 | $5.6m | $638.9k | 0.11 |
| Q4 2023 | $7.2m | $378.5k | 0.05 |
| Q1 2024 | $8.1m | $2.6m | 0.32 |
Biggest buyers
| JPMORGAN CHASE & CO | Added | +399.4k |
| MORGAN STANLEY | Added | +270.9k |
| G2 Investment Partners Management LLC | New | +236.9k |
| Potrero Capital Research LLC | New | +171.2k |
| FRANKLIN RESOURCES INC | New | +134.7k |
| PARADIGM CAPITAL MANAGEMENT INC/NY | Added | +118.1k |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC | New | +97.3k |
| WELLINGTON MANAGEMENT GROUP LLP | Added | +75.2k |
| OBERWEIS ASSET MANAGEMENT INC/ | Added | +70.1k |
| BOOTHBAY FUND MANAGEMENT, LLC | Added | +63.8k |
Biggest sellers
| FMR LLC | Reduced | -136.2k |
| Select Equity Group, L.P. | Reduced | -83.9k |
| Assenagon Asset Management S.A. | Sold out | -63.7k |
| TWO SIGMA ADVISERS, LP | Sold out | -49.2k |
| TWO SIGMA INVESTMENTS, LP | Sold out | -41.2k |
| Squarepoint Ops LLC | Reduced | -40.9k |
| CITADEL ADVISORS LLC | Reduced | -40.8k |
| MARSHALL WACE, LLP | Sold out | -33.5k |
| ROYCE & ASSOCIATES LP | Reduced | -29.5k |
| MILLENNIUM MANAGEMENT LLC | Sold out | -24.1k |
Biggest calls
| CITADEL ADVISORS LLC | Reduced | $3.3m86.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $2.2m57.0k shares |
| GROUP ONE TRADING LLC | Reduced | $1.4m37.5k shares |
| PEAK6 Investments LLC | New | $475.4k12.4k shares |
| SIMPLEX TRADING, LLC | Reduced | $352.0k9.2k shares |
| WOLVERINE TRADING, LLC | New | $341.2k8.9k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | New | $1.6m42.9k shares |
| CITADEL ADVISORS LLC | Added | $881.8k23.0k shares |
| GROUP ONE TRADING LLC | New | $80.5k2.1k shares |
| PEAK6 Investments LLC | New | $3.8k100 shares |
| SIMPLEX TRADING, LLC | Reduced | $3.0k100 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 |
|---|---|
| Tieton Capital Management, LLC 13G · institution new · filed 2025-02-11 | 5.1% |
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 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 | 2 | $66.1k | 4 | $62.1k | — |
| Q4 2022 | 0 | — | 0 | — | — |
| Q1 2023 | 0 | — | 0 | — | — |
| Q2 2023 | 1 | $29.8k | 0 | — | — |
| Q3 2023 | 0 | — | 5 | $814.5k | — |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 0 | — | 0 | — | — |
None reported in Q1 2024.
Holders, Q1 2024
| Manager | Shares | Change |
|---|---|---|
| PARADIGM CAPITAL MANAGEMENT INC/NY 1.84% of their portfolio | 1.0m $38.4m | Added +118.1k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 800.9k $30.7m | Added +399.4k |
| BlackRock Inc. 0.00% of their portfolio | 756.0k $29.0m | Reduced -19.8k |
| ROYCE & ASSOCIATES LP 0.20% of their portfolio | 580.8k $22.3m | Reduced -29.5k |
| VANGUARD GROUP INC 0.00% of their portfolio | 552.1k $21.2m | Added +11.7k |
| PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. 1.19% of their portfolio | 547.3k $21.0m | Added +34.9k |
| MORGAN STANLEY 0.00% of their portfolio | 509.4k $19.5m | Added +270.9k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 417.6k $16.0m | Added +21.0k |
| Select Equity Group, L.P. 0.05% of their portfolio | 349.6k $13.4m | Reduced -83.9k |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 340.6k $13.1m | Added +75.2k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 269.7k $10.3m | Added +18.0k |
| RENAISSANCE TECHNOLOGIES LLC 0.02% of their portfolio | 254.9k $9.8m | Reduced -15.0k |
| G2 Investment Partners Management LLC 2.42% of their portfolio | 236.9k $9.1m | New |
| STATE STREET CORP 0.00% of their portfolio | 232.5k $8.9m | Added +15.9k |
| 272 Capital LP 3.25% of their portfolio | 212.3k $8.1m | Added +8.9k |
| Hodges Capital Management Inc. 0.50% of their portfolio | 202.2k $7.8m | Reduced -23.3k |
| OBERWEIS ASSET MANAGEMENT INC/ 0.55% of their portfolio | 199.3k $7.6m | Added +70.1k |
| First Eagle Investment Management, LLC 0.02% of their portfolio | 193.2k $7.4m | Reduced -2.1k |
| LSV ASSET MANAGEMENT 0.01% of their portfolio | 181.3k $7.0m | Unchanged |
| BOOTHBAY FUND MANAGEMENT, LLC 0.19% of their portfolio | 180.2k $6.9m | Added +63.8k |
| Potrero Capital Research LLC 4.08% of their portfolio | 171.2k $6.6m | New |
| Driehaus Capital Management LLC 0.06% of their portfolio | 151.4k $5.8m | Added +54.1k |
| HERALD INVESTMENT MANAGEMENT Ltd 0.93% of their portfolio | 150.0k $5.7m | Added +25.0k |
| Aristides Capital LLC 2.23% of their portfolio | 137.5k $5.3m | Added +15.0k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 134.7k $5.2m | New |
| AWM Investment Company, Inc. 0.66% of their portfolio | 130.8k $5.0m | Unchanged |
| PenderFund Capital Management Ltd. 1.78% of their portfolio | 129.5k $6.7m | Unchanged |
| NORTHERN TRUST CORP 0.00% of their portfolio | 102.6k $3.9m | Added +1.1k |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 97.3k $3.7m | New |
| FMR LLC 0.00% of their portfolio | 70.9k $2.7m | Reduced -136.2k |
| GLOBEFLEX CAPITAL L P 0.25% of their portfolio | 66.5k $2.5m | Unchanged |
| WHITE PINE CAPITAL LLC 0.75% of their portfolio | 59.0k $2.0m | Added +816 |
| INTRINSIC EDGE CAPITAL MANAGEMENT LLC 0.19% of their portfolio | 57.5k $2.2m | Reduced -9.6k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 56.5k $2.2m | Added +4.5k |
| Millrace Asset Group, Inc. 2.10% of their portfolio | 54.5k $2.1m | Added +5.0k |
| Knights of Columbus Asset Advisors LLC 0.14% of their portfolio | 51.8k $2.0m | New |
| Ancora Advisors LLC 0.04% of their portfolio | 48.6k $1.9m | Added +8.4k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 44.5k $1.7m | Reduced -14.6k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 42.0k $1.6m | Reduced -40.8k |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 35.6k $1.4m | Added +3.4k |
| TECTONIC ADVISORS LLC 0.10% of their portfolio | 35.4k $1.4m | Added +2.2k |
| ANCHOR CAPITAL ADVISORS LLC 0.03% of their portfolio | 34.7k $1.3m | New |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 30.4k $1.2m | Reduced -819 |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 29.3k $1.1m | Reduced -170 |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 29.3k $1.1m | Reduced -4.2k |
| WOLVERINE TRADING, LLC 0.01% of their portfolio | 29.2k $1.1m | Added +15.4k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 28.5k $1.1m | Unchanged |
| Invesco Ltd. 0.00% of their portfolio | 28.3k $1.1m | Added +11.6k |
| Kent Lake Capital LLC 0.44% of their portfolio | 26.0k $997.6k | Unchanged |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 22.4k $858.5k | Reduced -4.4k |
| DELPHI MANAGEMENT INC /MA/ 0.64% of their portfolio | 21.5k $822.0k | Added +1.3k |
| Perritt Capital Management Inc 0.43% of their portfolio | 20.9k $803.2k | Unchanged |
| Alberta Investment Management Corp 0.01% of their portfolio | 20.5k $786.9k | Unchanged |
| HERITAGE INVESTORS MANAGEMENT CORP 0.03% of their portfolio | 19.2k $735.0k | Unchanged |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 18.2k $697.5k | Reduced -20 |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 15.2k $583.9k | Added +3.9k |
| Bright Futures Wealth Management, LLC. 0.23% of their portfolio | 14.6k $416.7k | First filing |
| Acuitas Investments, LLC 0.27% of their portfolio | 14.1k $539.6k | Unchanged |
| Private Advisor Group, LLC 0.00% of their portfolio | 12.8k $492.0k | Added +4.0k |
| KIRR MARBACH & CO LLC /IN/ 0.12% of their portfolio | 12.6k $483.1k | Unchanged |
| UBS Group AG 0.00% of their portfolio | 11.5k $441.4k | Added +7.5k |
| Truvestments Capital LLC 0.16% of their portfolio | 10.7k $408.5k | Added +2.2k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 10.2k $393.0k | Reduced -3.2k |
| AlphaQ Advisors LLC 0.23% of their portfolio | 9.8k $374.0k | Added +1.6k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 8.9k $341.3k | New |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 8.8k $336.3k | Reduced -1.1k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 8.4k $323.1k | Reduced -7.0k |
| Nebula Research & Development LLC 0.07% of their portfolio | 8.3k $320.0k | Added +171 |
| LVZ, Inc. 0.04% of their portfolio | 8.1k $308.7k | Reduced -216 |
| BARCLAYS PLC 0.00% of their portfolio | 8.0k $306.1k | Reduced -8.0k |
| Squarepoint Ops LLC 0.00% of their portfolio | 7.8k $297.6k | Reduced -40.9k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 7.5k $285.9k | Added +25 |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 6.3k $241.6k | Added +350 |
| NewEdge Advisors, LLC 0.00% of their portfolio | 6.1k $232.6k | Added +6.0k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 6.0k $230.9k | Added +442 |
| Covestor Ltd 0.15% of their portfolio | 5.9k $228.0k | Added +4.5k |
| SIMPLEX TRADING, LLC 0.01% of their portfolio | 5.8k $221.0k | New |
| MetLife Investment Management, LLC 0.00% of their portfolio | 5.7k $219.2k | Unchanged |
| AMERICAN INTERNATIONAL GROUP, INC. 0.00% of their portfolio | 5.6k $215.2k | Reduced -48 |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 5.6k $214.5k | Added +97 |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 5.5k $209.9k | Added +2.5k |
| XTX Topco Ltd 0.03% of their portfolio | 5.3k $202.6k | Reduced -1.3k |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 5.1k $197.4k | Reduced -248 |
| INSTITUTIONAL & FAMILY ASSET MANAGEMENT, LLC 0.02% of their portfolio | 4.0k $153.4k | Unchanged |
| SG Americas Securities, LLC 0.00% of their portfolio | 4.0k $152.0k | Reduced -2.2k |
| TURTLE CREEK ASSET MANAGEMENT INC. 0.00% of their portfolio | 3.8k $145.7k | Reduced -2.0k |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 2.9k $110.7k | Added +214 |
| Quent Capital, LLC 0.01% of their portfolio | 2.5k $95.8k | Unchanged |
| CITIGROUP INC 0.00% of their portfolio | 2.5k $95.8k | Added +612 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 1.1k $43.9k | Reduced -729 |
| Ameritas Investment Partners, Inc. 0.00% of their portfolio | 1.1k $41.9k | Unchanged |
| SIGNATUREFD, LLC 0.00% of their portfolio | 1.0k $38.3k | New |
| Legal & General Group Plc 0.00% of their portfolio | 939 $36.0k | Unchanged |
| Metropolitan Life Insurance Co/NY 0.00% of their portfolio | 652 $25.0k | Unchanged |
| AMALGAMATED BANK 0.00% of their portfolio | 378 $14.0k | Reduced -593 |
| CWM, LLC 0.00% of their portfolio | 181 $7.0k | Added +10 |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 126 $4.8k | Reduced -2.2k |
| Bleichroeder LP 0.00% of their portfolio | 66 $2.5k | Unchanged |
| ClariVest Asset Management LLC 0.00% of their portfolio | 40 $1.5k | Added +15 |
| BROWN, LISLE/CUMMINGS, INC. 0.00% of their portfolio | 32 $1.2k | Unchanged |