Vault-13

AVIAT NETWORKS INC AVNW

COM NEW · Common Stock · CUSIP 05366Y201

Telecommunications company

108 institutional holders -21 vs Q4 2023
10,470,40610.5m shares reported held*
83.3% of all shares outstanding*
$402.8mreported value*
11 new 42 added 29 reduced 30 sold out net bought ≈ $43.2m (+1.1m 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: 12.6m 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

050100150Q3 22: 119Q4 22: 120Q1 23: 118Q2 23: 114Q3 23: 123Q4 23: 129Q1 24: 108108Q3 22Q1 23Q3 23Q1 24
Numbers
QuarterHolders
Q3 2022119
Q4 2022120
Q1 2023118
Q2 2023114
Q3 2023123
Q4 2023129
Q1 2024108

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 23Q1 24: 53 bought or addedQ1 24: 59 cut or sold outQ1 24
Numbers
QuarterBought or addedCut or sold out
Q4 20225256
Q1 20235145
Q2 20234860
Q3 20235746
Q4 20237236
Q1 20245359

Calls vs puts

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

CallsPuts
$0$2.5m$5m$7.5m$10mQ2 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 0.05Q1 24 calls: $8.1mQ1 24 puts: $2.6mQ1 24P/C 0.32
Numbers
QuarterCallsPutsP/C
Q2 2023$7.4m$323.3k0.04
Q3 2023$5.6m$638.9k0.11
Q4 2023$7.2m$378.5k0.05
Q1 2024$8.1m$2.6m0.32

Biggest buyers

JPMORGAN CHASE & CO Added +399,378+399.4k
MORGAN STANLEY Added +270,855+270.9k
G2 Investment Partners Management LLC New +236,915+236.9k
Potrero Capital Research LLC New +171,178+171.2k
FRANKLIN RESOURCES INC New +134,710+134.7k
PARADIGM CAPITAL MANAGEMENT INC/NY Added +118,088+118.1k
HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC New +97,300+97.3k
WELLINGTON MANAGEMENT GROUP LLP Added +75,201+75.2k
OBERWEIS ASSET MANAGEMENT INC/ Added +70,100+70.1k
BOOTHBAY FUND MANAGEMENT, LLC Added +63,814+63.8k

Biggest sellers

FMR LLC Reduced -136,206-136.2k
Select Equity Group, L.P. Reduced -83,859-83.9k
Assenagon Asset Management S.A. Sold out -63,697-63.7k
TWO SIGMA ADVISERS, LP Sold out -49,200-49.2k
TWO SIGMA INVESTMENTS, LP Sold out -41,232-41.2k
Squarepoint Ops LLC Reduced -40,916-40.9k
CITADEL ADVISORS LLC Reduced -40,823-40.8k
MARSHALL WACE, LLP Sold out -33,457-33.5k
ROYCE & ASSOCIATES LP Reduced -29,499-29.5k
MILLENNIUM MANAGEMENT LLC Sold out -24,073-24.1k

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.

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 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)

BuyingSelling
505Q2 22: 0 buyingQ2 22: 0 sellingQ3 22: 2 buyingQ3 22: 4 sellingQ3 22Q4 22: 0 buyingQ4 22: 0 sellingQ1 23: 0 buyingQ1 23: 0 sellingQ1 23Q2 23: 1 buyingQ2 23: 0 sellingQ3 23: 0 buyingQ3 23: 5 sellingQ3 23Q4 23: 0 buyingQ4 23: 0 sellingQ1 24: 0 buyingQ1 24: 0 sellingQ1 24
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
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——
Q1 20240—0——

None reported in Q1 2024.

Holders, Q1 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 PARADIGM CAPITAL MANAGEMENT INC/NY 1.84% of their portfolio ALBANY, NY 1,002,2001.0m $38.4m $38.4m 1.84% Added +118.1k +118,088
2 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 800,906800.9k $30.7m $30.7m 0.00% Added +399.4k +399,378
3 BlackRock Inc. 0.00% of their portfolio New York, NY 756,036756.0k $29.0m $29.0m 0.00% Reduced -19.8k -19,849
4 ROYCE & ASSOCIATES LP 0.20% of their portfolio New York, NY 580,763580.8k $22.3m $22.3m 0.20% Reduced -29.5k -29,499
5 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 552,071552.1k $21.2m $21.2m 0.00% Added +11.7k +11,662
6 PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. 1.19% of their portfolio EDINA, MN 547,252547.3k $21.0m $21.0m 1.19% Added +34.9k +34,892
7 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 509,379509.4k $19.5m $19.5m 0.00% Added +270.9k +270,855
8 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 417,570417.6k $16.0m $16.0m 0.00% Added +21.0k +21,049
9 Select Equity Group, L.P. 0.05% of their portfolio NEW YORK, NY 349,602349.6k $13.4m $13.4m 0.05% Reduced -83.9k -83,859
10 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 340,635340.6k $13.1m $13.1m 0.00% Added +75.2k +75,201
11 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 269,741269.7k $10.3m $10.3m 0.00% Added +18.0k +17,961
12 RENAISSANCE TECHNOLOGIES LLC 0.02% of their portfolio NEW YORK, NY 254,906254.9k $9.8m $9.8m 0.02% Reduced -15.0k -15,000
13 G2 Investment Partners Management LLC 2.42% of their portfolio New York, NY 236,915236.9k $9.1m $9.1m 2.42% New
14 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 232,461232.5k $8.9m $8.9m 0.00% Added +15.9k +15,879
15 272 Capital LP 3.25% of their portfolio DALLAS, TX 212,311212.3k $8.1m $8.1m 3.25% Added +8.9k +8,900
16 Hodges Capital Management Inc. 0.50% of their portfolio DALLAS, TX 202,170202.2k $7.8m $7.8m 0.50% Reduced -23.3k -23,340
17 OBERWEIS ASSET MANAGEMENT INC/ 0.55% of their portfolio LISLE, IL 199,307199.3k $7.6m $7.6m 0.55% Added +70.1k +70,100
18 First Eagle Investment Management, LLC 0.02% of their portfolio NEW YORK, NY 193,209193.2k $7.4m $7.4m 0.02% Reduced -2.1k -2,100
19 LSV ASSET MANAGEMENT 0.01% of their portfolio CHICAGO, IL 181,340181.3k $7.0m $7.0m 0.01% Unchanged
20 BOOTHBAY FUND MANAGEMENT, LLC 0.19% of their portfolio NEW YORK, NY 180,208180.2k $6.9m $6.9m 0.19% Added +63.8k +63,814
21 Potrero Capital Research LLC 4.08% of their portfolio SAN FRANCISCO, CA 171,178171.2k $6.6m $6.6m 4.08% New
22 Driehaus Capital Management LLC 0.06% of their portfolio Chicago, IL 151,376151.4k $5.8m $5.8m 0.06% Added +54.1k +54,103
23 HERALD INVESTMENT MANAGEMENT Ltd 0.93% of their portfolio LONDON, X0 150,000150.0k $5.7m $5.7m 0.93% Added +25.0k +25,000
24 Aristides Capital LLC 2.23% of their portfolio LOUISVILLE, KY 137,472137.5k $5.3m $5.3m 2.23% Added +15.0k +15,000
25 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 134,710134.7k $5.2m $5.2m 0.00% New
26 AWM Investment Company, Inc. 0.66% of their portfolio NEW YORK, NY 130,808130.8k $5.0m $5.0m 0.66% Unchanged
27 PenderFund Capital Management Ltd. 1.78% of their portfolio VANCOUVER, A1 129,524129.5k $6.7m $6.7m 1.78% Unchanged
28 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 102,625102.6k $3.9m $3.9m 0.00% Added +1.1k +1,062
29 HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.01% of their portfolio Los Angeles, CA 97,30097.3k $3.7m $3.7m 0.01% New
30 FMR LLC 0.00% of their portfolio BOSTON, MA 70,85670.9k $2.7m $2.7m 0.00% Reduced -136.2k -136,206
31 GLOBEFLEX CAPITAL L P 0.25% of their portfolio SAN DIEGO, CA 66,47866.5k $2.5m $2.5m 0.25% Unchanged
32 WHITE PINE CAPITAL LLC 0.75% of their portfolio BLOOMINGTON, MN 59,03559.0k $2.0m $2.0m 0.75% Added +816 +816
33 INTRINSIC EDGE CAPITAL MANAGEMENT LLC 0.19% of their portfolio CHICAGO, IL 57,50057.5k $2.2m $2.2m 0.19% Reduced -9.6k -9,600
34 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 56,47156.5k $2.2m $2.2m 0.00% Added +4.5k +4,519
35 Millrace Asset Group, Inc. 2.10% of their portfolio BERWYN, PA 54,54954.5k $2.1m $2.1m 2.10% Added +5.0k +5,048
36 Knights of Columbus Asset Advisors LLC 0.14% of their portfolio NEW HAVEN, CT 51,79051.8k $2.0m $2.0m 0.14% New
37 Ancora Advisors LLC 0.04% of their portfolio Cleveland, OH 48,55348.6k $1.9m $1.9m 0.04% Added +8.4k +8,425
38 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 44,50444.5k $1.7m $1.7m 0.00% Reduced -14.6k -14,617
39 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 41,95242.0k $1.6m $1.6m 0.00% Reduced -40.8k -40,823
40 FIRST TRUST ADVISORS LP 0.00% of their portfolio Wheaton, IL 35,55535.6k $1.4m $1.4m 0.00% Added +3.4k +3,362
41 TECTONIC ADVISORS LLC 0.10% of their portfolio FRISCO, TX 35,36835.4k $1.4m $1.4m 0.10% Added +2.2k +2,221
42 ANCHOR CAPITAL ADVISORS LLC 0.03% of their portfolio Boston, MA 34,69734.7k $1.3m $1.3m 0.03% New
43 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 30,36230.4k $1.2m $1.2m 0.00% Reduced -819 -819
44 LOS ANGELES CAPITAL MANAGEMENT LLC 0.00% of their portfolio LOS ANGELES, CA 29,32029.3k $1.1m $1.1m 0.00% Reduced -170 -170
45 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 29,25929.3k $1.1m $1.1m 0.00% Reduced -4.2k -4,232
46 WOLVERINE TRADING, LLC 0.01% of their portfolio CHICAGO, IL 29,19029.2k $1.1m $1.1m 0.01% Added +15.4k +15,393
47 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 28,47628.5k $1.1m $1.1m 0.00% Unchanged
48 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 28,27628.3k $1.1m $1.1m 0.00% Added +11.6k +11,636
49 Kent Lake Capital LLC 0.44% of their portfolio RENO, NV 26,02126.0k $997.6k $997.6k 0.44% Unchanged
50 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 22,39322.4k $858.5k $858.5k 0.00% Reduced -4.4k -4,397
51 DELPHI MANAGEMENT INC /MA/ 0.64% of their portfolio BROOKLINE, MA 21,45121.5k $822.0k $822.0k 0.64% Added +1.3k +1,305
52 Perritt Capital Management Inc 0.43% of their portfolio Chicago, IL 20,95020.9k $803.2k $803.2k 0.43% Unchanged
53 Alberta Investment Management Corp 0.01% of their portfolio EDMONTON, A0 20,52520.5k $786.9k $786.9k 0.01% Unchanged
54 HERITAGE INVESTORS MANAGEMENT CORP 0.03% of their portfolio BETHESDA, MD 19,17519.2k $735.0k $735.0k 0.03% Unchanged
55 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 18,19318.2k $697.5k $697.5k 0.00% Reduced -20 -20
56 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 15,22915.2k $583.9k $583.9k 0.00% Added +3.9k +3,883
57 Bright Futures Wealth Management, LLC. 0.23% of their portfolio WEBSTER, NY 14580, NY 14,64714.6k $416.7k $416.7k 0.23% First filing
58 Acuitas Investments, LLC 0.27% of their portfolio Seattle, WA 14,07314.1k $539.6k $539.6k 0.27% Unchanged
59 Private Advisor Group, LLC 0.00% of their portfolio MORRISTOWN, NJ 12,83212.8k $492.0k $492.0k 0.00% Added +4.0k +4,009
60 KIRR MARBACH & CO LLC /IN/ 0.12% of their portfolio COLUMBUS, IN 12,60012.6k $483.1k $483.1k 0.12% Unchanged
61 UBS Group AG 0.00% of their portfolio ZURICH, V8 11,51411.5k $441.4k $441.4k 0.00% Added +7.5k +7,500
62 Truvestments Capital LLC 0.16% of their portfolio SARASOTA, FL 10,65410.7k $408.5k $408.5k 0.16% Added +2.2k +2,213
63 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 10,24310.2k $393.0k $393.0k 0.00% Reduced -3.2k -3,196
64 AlphaQ Advisors LLC 0.23% of their portfolio Winter Park, FL 9,7559.8k $374.0k $374.0k 0.23% Added +1.6k +1,638
65 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 8,9028.9k $341.3k $341.3k 0.00% New
66 VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio ATLANTA, GA 8,7718.8k $336.3k $336.3k 0.00% Reduced -1.1k -1,073
67 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 8,4278.4k $323.1k $323.1k 0.00% Reduced -7.0k -7,005
68 Nebula Research & Development LLC 0.07% of their portfolio New York, NY 8,3468.3k $320.0k $320.0k 0.07% Added +171 +171
69 LVZ, Inc. 0.04% of their portfolio Holland, MI 8,0528.1k $308.7k $308.7k 0.04% Reduced -216 -216
70 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 7,9858.0k $306.1k $306.1k 0.00% Reduced -8.0k -8,042
71 Squarepoint Ops LLC 0.00% of their portfolio NEW YORK, NY 7,7637.8k $297.6k $297.6k 0.00% Reduced -40.9k -40,916
72 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 7,4567.5k $285.9k $285.9k 0.00% Added +25 +25
73 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 6,3016.3k $241.6k $241.6k 0.00% Added +350 +350
74 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 6,0666.1k $232.6k $232.6k 0.00% Added +6.0k +5,966
75 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 6,0226.0k $230.9k $230.9k 0.00% Added +442 +442
76 Covestor Ltd 0.15% of their portfolio LONDON, X0 5,9345.9k $228.0k $228.0k 0.15% Added +4.5k +4,486
77 SIMPLEX TRADING, LLC 0.01% of their portfolio CHICAGO, IL 5,7675.8k $221.0k $221.0k 0.01% New
78 MetLife Investment Management, LLC 0.00% of their portfolio Whippany, NJ 5,7185.7k $219.2k $219.2k 0.00% Unchanged
79 AMERICAN INTERNATIONAL GROUP, INC. 0.00% of their portfolio New York, NY 5,6125.6k $215.2k $215.2k 0.00% Reduced -48 -48
80 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 5,5945.6k $214.5k $214.5k 0.00% Added +97 +97
81 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 5,4755.5k $209.9k $209.9k 0.00% Added +2.5k +2,513
82 XTX Topco Ltd 0.03% of their portfolio LONDON, X0 5,2845.3k $202.6k $202.6k 0.03% Reduced -1.3k -1,322
83 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 5,1495.1k $197.4k $197.4k 0.00% Reduced -248 -248
84 INSTITUTIONAL & FAMILY ASSET MANAGEMENT, LLC 0.02% of their portfolio Fort Collins, CO 4,0004.0k $153.4k $153.4k 0.02% Unchanged
85 SG Americas Securities, LLC 0.00% of their portfolio NEW YORK, NY 3,9734.0k $152.0k $152.0k 0.00% Reduced -2.2k -2,245
86 TURTLE CREEK ASSET MANAGEMENT INC. 0.00% of their portfolio TORONTO, A6 3,8003.8k $145.7k $145.7k 0.00% Reduced -2.0k -2,000
87 VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio San Antonio, TX 2,8872.9k $110.7k $110.7k 0.00% Added +214 +214
88 Quent Capital, LLC 0.01% of their portfolio NEW YORK, NY 2,5002.5k $95.8k $95.8k 0.01% Unchanged
89 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 2,4982.5k $95.8k $95.8k 0.00% Added +612 +612
90 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 1,1451.1k $43.9k $43.9k 0.00% Reduced -729 -729
91 Ameritas Investment Partners, Inc. 0.00% of their portfolio LINCOLN, NE 1,0921.1k $41.9k $41.9k 0.00% Unchanged
92 SIGNATUREFD, LLC 0.00% of their portfolio ATLANTA, GA 1,0001.0k $38.3k $38.3k 0.00% New
93 Legal & General Group Plc 0.00% of their portfolio London, X0 939939 $36.0k $36.0k 0.00% Unchanged
94 Metropolitan Life Insurance Co/NY 0.00% of their portfolio New York, NY 652652 $25.0k $25.0k 0.00% Unchanged
95 AMALGAMATED BANK 0.00% of their portfolio NEW YORK, NY 378378 $14.0k $14.0k 0.00% Reduced -593 -593
96 CWM, LLC 0.00% of their portfolio OMAHA, NE 181181 $7.0k $7.0k 0.00% Added +10 +10
97 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 126126 $4.8k $4.8k 0.00% Reduced -2.2k -2,223
98 Bleichroeder LP 0.00% of their portfolio NEW YORK, NY 6666 $2.5k $2.5k 0.00% Unchanged
99 ClariVest Asset Management LLC 0.00% of their portfolio SAN DIEGO, CA 4040 $1.5k $1.5k 0.00% Added +15 +15
100 BROWN, LISLE/CUMMINGS, INC. 0.00% of their portfolio PROVIDENCE, RI 3232 $1.2k $1.2k 0.00% Unchanged