Vault-13

AVIAT NETWORKS INC AVNW

COM NEW · Common Stock · CUSIP 05366Y201

Telecommunications company

119 institutional holders +11 vs Q1 2024
10,082,84610.1m shares reported held*
80.2% of all shares outstanding*
$290.6mreported value*
23 new 40 added 30 reduced 14 sold out net sold ≈ $11.3m (-400.2k 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: 12.6m 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 ≈ $28.82. Options: 5 managers hold calls ($4.4m notional), 5 hold puts ($1.8m).

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 119Q4 22: 120Q1 23: 118Q2 23: 114Q3 23: 123Q4 23: 129Q1 24: 108Q2 24: 119119Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 2022119
Q4 2022120
Q1 2023118
Q2 2023114
Q3 2023123
Q4 2023129
Q1 2024108
Q2 2024119

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 outQ2 23: 48 bought or addedQ2 23: 60 cut or sold outQ2 23Q3 23: 57 bought or addedQ3 23: 46 cut or sold outQ4 23: 72 bought or addedQ4 23: 36 cut or sold outQ4 23Q1 24: 53 bought or addedQ1 24: 59 cut or sold outQ2 24: 63 bought or addedQ2 24: 44 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 20225256
Q1 20235145
Q2 20234860
Q3 20235746
Q4 20237236
Q1 20245359
Q2 20246344

Calls vs puts

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

CallsPuts
$0$2.5m$5m$7.5m$10mQ3 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 0.32Q2 24 calls: $4.4mQ2 24 puts: $1.8mQ2 24P/C 0.41
Numbers
QuarterCallsPutsP/C
Q3 2023$5.6m$638.9k0.11
Q4 2023$7.2m$378.5k0.05
Q1 2024$8.1m$2.6m0.32
Q2 2024$4.4m$1.8m0.41

Biggest buyers

Hodges Capital Management Inc. Added +163,365+163.4k
Aristides Capital LLC Added +137,472+137.5k
Potrero Capital Research LLC Added +74,909+74.9k
VANGUARD GROUP INC Added +71,890+71.9k
ROYCE & ASSOCIATES LP Added +61,292+61.3k
Select Equity Group, L.P. Added +30,582+30.6k
Knights of Columbus Asset Advisors LLC Added +25,516+25.5k
WELLINGTON MANAGEMENT GROUP LLP Added +24,553+24.6k
SUSQUEHANNA INTERNATIONAL GROUP, LLP New +22,202+22.2k
TECTONIC ADVISORS LLC Added +19,538+19.5k

Biggest sellers

MORGAN STANLEY Reduced -413,904-413.9k
Driehaus Capital Management LLC Sold out -151,376-151.4k
G2 Investment Partners Management LLC Reduced -116,915-116.9k
JPMORGAN CHASE & CO Reduced -94,894-94.9k
FMR LLC Reduced -70,455-70.5k
First Eagle Investment Management, LLC Reduced -69,660-69.7k
INTRINSIC EDGE CAPITAL MANAGEMENT LLC Sold out -57,500-57.5k
272 Capital LP Reduced -45,939-45.9k
RENAISSANCE TECHNOLOGIES LLC Reduced -38,500-38.5k
WOLVERINE TRADING, LLC Sold out -29,190-29.2k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $1.8m63.4k shares
SIMPLEX TRADING, LLC Added $1.4m48.7k shares
CITADEL ADVISORS LLC Reduced $1.1m39.5k shares
GROUP ONE TRADING LLC Reduced $11.5k400 shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $1.3m43.6k shares
CITADEL ADVISORS LLC Reduced $464.8k16.2k shares
GROUP ONE TRADING LLC Unchanged $60.2k2.1k shares
SIMPLEX TRADING, LLC Unchanged $2.0k100 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 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)

BuyingSelling
505Q3 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 23Q1 24: 0 buyingQ1 24: 0 sellingQ2 24: 2 buyingQ2 24: 0 sellingQ2 24
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
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——
Q2 20242$35.5k0——
DateInsiderTradeSharesPrice ValueTheir holding
2024-05-07 Klein Michele Director Bought 150 $32.01 $4.8k150 shares +1%
2024-05-06 SMITH PETE A President and CEO Bought 1,000 $30.70 $30.7k1.0k shares +<1%

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, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 PARADIGM CAPITAL MANAGEMENT INC/NY 1.31% of their portfolio ALBANY, NY 999,600999.6k $28.7m $28.7m 1.31% Reduced -2.6k -2,600
2 BlackRock Inc. 0.00% of their portfolio New York, NY 767,397767.4k $22.0m $22.0m 0.00% Added +11.4k +11,361
3 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 706,012706.0k $20.3m $20.3m 0.00% Reduced -94.9k -94,894
4 ROYCE & ASSOCIATES LP 0.17% of their portfolio New York, NY 642,055642.1k $18.4m $18.4m 0.17% Added +61.3k +61,292
5 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 623,961624.0k $17.9m $17.9m 0.00% Added +71.9k +71,890
6 PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. 0.93% of their portfolio EDINA, MN 550,539550.5k $15.8m $15.8m 0.93% Added +3.3k +3,287
7 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 425,538425.5k $12.2m $12.2m 0.00% Added +8.0k +7,968
8 Select Equity Group, L.P. 0.04% of their portfolio NEW YORK, NY 380,184380.2k $10.9m $10.9m 0.04% Added +30.6k +30,582
9 Hodges Capital Management Inc. 0.71% of their portfolio DALLAS, TX 365,535365.5k $10.5m $10.5m 0.71% Added +163.4k +163,365
10 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 365,188365.2k $10.5m $10.5m 0.00% Added +24.6k +24,553
11 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 282,167282.2k $8.1m $8.1m 0.00% Added +12.4k +12,426
12 Aristides Capital LLC 1.65% of their portfolio LOUISVILLE, KY 274,944274.9k $7.9m $7.9m 1.65% Added +137.5k +137,472
13 Potrero Capital Research LLC 3.04% of their portfolio SAN FRANCISCO, CA 246,087246.1k $7.1m $7.1m 3.04% Added +74.9k +74,909
14 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 233,834233.8k $6.7m $6.7m 0.00% Added +1.4k +1,373
15 RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio NEW YORK, NY 216,406216.4k $6.2m $6.2m 0.01% Reduced -38.5k -38,500
16 OBERWEIS ASSET MANAGEMENT INC/ 0.35% of their portfolio LISLE, IL 199,307199.3k $5.7m $5.7m 0.35% Unchanged
17 LSV ASSET MANAGEMENT 0.01% of their portfolio CHICAGO, IL 181,340181.3k $5.2m $5.2m 0.01% Unchanged
18 BOOTHBAY FUND MANAGEMENT, LLC 0.15% of their portfolio NEW YORK, NY 171,751171.8k $4.9m $4.9m 0.15% Reduced -8.5k -8,457
19 272 Capital LP 2.39% of their portfolio DALLAS, TX 166,372166.4k $4.8m $4.8m 2.39% Reduced -45.9k -45,939
20 HERALD INVESTMENT MANAGEMENT Ltd 0.73% of their portfolio LONDON, X0 155,000155.0k $4.4m $4.4m 0.73% Added +5.0k +5,000
21 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 147,987148.0k $4.2m $4.2m 0.00% Added +13.3k +13,277
22 AWM Investment Company, Inc. 0.51% of their portfolio NEW YORK, NY 130,808130.8k $3.8m $3.8m 0.51% Unchanged
23 PenderFund Capital Management Ltd. 1.40% of their portfolio VANCOUVER, A1 129,524129.5k $5.1m $5.1m 1.40% Unchanged
24 First Eagle Investment Management, LLC 0.01% of their portfolio NEW YORK, NY 123,549123.5k $3.5m $3.5m 0.01% Reduced -69.7k -69,660
25 G2 Investment Partners Management LLC 0.89% of their portfolio New York, NY 120,000120.0k $3.4m $3.4m 0.89% Reduced -116.9k -116,915
26 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 99,93999.9k $2.9m $2.9m 0.00% Reduced -2.7k -2,686
27 HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.01% of their portfolio Los Angeles, CA 98,20098.2k $2.8m $2.8m 0.01% Added +900 +900
28 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 95,47595.5k $2.7m $2.7m 0.00% Reduced -413.9k -413,904
29 Knights of Columbus Asset Advisors LLC 0.14% of their portfolio NEW HAVEN, CT 77,30677.3k $2.2m $2.2m 0.14% Added +25.5k +25,516
30 GLOBEFLEX CAPITAL L P 0.20% of their portfolio SAN DIEGO, CA 66,47866.5k $1.9m $1.9m 0.20% Unchanged
31 Ancora Advisors LLC 0.04% of their portfolio Cleveland, OH 58,69158.7k $1.7m $1.7m 0.04% Added +10.1k +10,138
32 TECTONIC ADVISORS LLC 0.11% of their portfolio FRISCO, TX 54,90654.9k $1.6m $1.6m 0.11% Added +19.5k +19,538
33 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 49,34949.3k $1.4m $1.4m 0.00% Reduced -7.1k -7,122
34 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 47,90547.9k $1.4m $1.4m 0.00% Added +3.4k +3,401
35 Millrace Asset Group, Inc. 1.18% of their portfolio BERWYN, PA 42,31242.3k $1.2m $1.2m 1.18% Reduced -12.2k -12,237
36 ANCHOR CAPITAL ADVISORS LLC 0.03% of their portfolio Boston, MA 38,75138.8k $1.1m $1.1m 0.03% Added +4.1k +4,054
37 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 37,34637.3k $1.1m $1.1m 0.00% Added +8.9k +8,870
38 WHITE PINE CAPITAL LLC 0.39% of their portfolio BLOOMINGTON, MN 35,74635.7k $1.0m $1.0m 0.39% Reduced -23.3k -23,289
39 FIRST TRUST ADVISORS LP 0.00% of their portfolio Wheaton, IL 35,30335.3k $1.0m $1.0m 0.00% Reduced -252 -252
40 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 34,60234.6k $992.7k $992.7k 0.00% Added +5.3k +5,343
41 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 32,24232.2k $925.0k $925.0k 0.00% Added +1.9k +1,880
42 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 26,90626.9k $771.9k $771.9k 0.00% Reduced -1.4k -1,370
43 Kent Lake Capital LLC 0.34% of their portfolio RENO, NV 26,02126.0k $746.5k $746.5k 0.34% Unchanged
44 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 24,63024.6k $706.6k $706.6k 0.00% Added +2.2k +2,237
45 DELPHI MANAGEMENT INC /MA/ 0.56% of their portfolio BROOKLINE, MA 23,78823.8k $682.0k $682.0k 0.56% Added +2.3k +2,337
46 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 22,50522.5k $645.7k $645.7k 0.00% Reduced -19.4k -19,447
47 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 22,20222.2k $637.0k $637.0k 0.00% New
48 LOS ANGELES CAPITAL MANAGEMENT LLC 0.00% of their portfolio LOS ANGELES, CA 21,19421.2k $608.1k $608.1k 0.00% Reduced -8.1k -8,126
49 Perritt Capital Management Inc 0.33% of their portfolio Chicago, IL 20,95020.9k $601.1k $601.1k 0.33% Unchanged
50 Alberta Investment Management Corp 0.01% of their portfolio EDMONTON, A0 20,52520.5k $588.9k $588.9k 0.01% Unchanged
51 HERITAGE INVESTORS MANAGEMENT CORP 0.02% of their portfolio BETHESDA, MD 19,17519.2k $550.0k $550.0k 0.02% Unchanged
52 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 18,71618.7k $537.0k $537.0k 0.00% Added +523 +523
53 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 17,60417.6k $505.1k $505.1k 0.00% Added +2.4k +2,375
54 Bright Futures Wealth Management, LLC. 0.26% of their portfolio WEBSTER, NY 14580, NY 17,02217.0k $484.1k $484.1k 0.26% Added +2.4k +2,375
55 SHERBROOKE PARK ADVISERS LLC 0.08% of their portfolio WHITE PLAINS, NY 16,87516.9k $484.1k $484.1k 0.08% New
56 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 15,55115.6k $446.2k $446.2k 0.00% New
57 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 15,16515.2k $435.1k $435.1k 0.00% New
58 VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio ATLANTA, GA 14,46114.5k $414.9k $414.9k 0.00% Added +5.7k +5,690
59 Acuitas Investments, LLC 0.22% of their portfolio Seattle, WA 14,07314.1k $403.8k $403.8k 0.22% Unchanged
60 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 13,89113.9k $398.5k $398.5k 0.00% Added +5.5k +5,464
61 LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 13,87513.9k $398.0k $398.0k 0.00% New
62 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 13,32113.3k $382.0k $382.0k 0.00% Added +3.1k +3,078
63 Private Advisor Group, LLC 0.00% of their portfolio MORRISTOWN, NJ 12,61012.6k $361.8k $361.8k 0.00% Reduced -222 -222
64 KIRR MARBACH & CO LLC /IN/ 0.09% of their portfolio COLUMBUS, IN 12,60012.6k $361.5k $361.5k 0.09% Unchanged
65 Truvestments Capital LLC 0.13% of their portfolio SARASOTA, FL 11,38611.4k $326.7k $326.7k 0.13% Added +732 +732
66 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 10,79110.8k $309.6k $309.6k 0.00% Added +3.3k +3,335
67 Corton Capital Inc. 0.13% of their portfolio Carrying Place, A6 8,8778.9k $254.7k $254.7k 0.13% New
68 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 8,6978.7k $249.5k $249.5k 0.00% Reduced -205 -205
69 Nebula Research & Development LLC 0.04% of their portfolio New York, NY 8,4228.4k $241.6k $241.6k 0.04% Added +76 +76
70 UBS Group AG 0.00% of their portfolio ZURICH, V8 8,0118.0k $229.8k $229.8k 0.00% Reduced -3.5k -3,503
71 GSA CAPITAL PARTNERS LLP 0.01% of their portfolio LONDON, X0 6,9837.0k $200.0k $200.0k 0.01% New
72 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 6,7686.8k $194.2k $194.2k 0.00% Added +467 +467
73 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio CAUSEWAY BAY, K3 6,5086.5k $186.7k $186.7k 0.00% First filing
74 MetLife Investment Management, LLC 0.00% of their portfolio Whippany, NJ 6,3706.4k $182.8k $182.8k 0.00% Added +652 +652
75 Corebridge Financial, Inc. 0.00% of their portfolio HOUSTON, TX 6,1236.1k $175.7k $175.7k 0.00% First filing
76 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 5,8745.9k $168.5k $168.5k 0.00% Reduced -148 -148
77 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 5,4965.5k $157.7k $157.7k 0.00% Reduced -98 -98
78 State of Wyoming 0.02% of their portfolio CHEYENNE, WY 4,9224.9k $141.2k $141.2k 0.02% New
79 TURTLE CREEK ASSET MANAGEMENT INC. 0.00% of their portfolio TORONTO, A6 4,3004.3k $123.4k $123.4k 0.00% Added +500 +500
80 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 4,2494.2k $121.9k $121.9k 0.00% Reduced -900 -900
81 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 4,0024.0k $114.8k $114.8k 0.00% Reduced -4.0k -3,983
82 INSTITUTIONAL & FAMILY ASSET MANAGEMENT, LLC 0.02% of their portfolio Fort Collins, CO 4,0004.0k $114.8k $114.8k 0.02% Unchanged
83 EntryPoint Capital, LLC 0.05% of their portfolio NEW YORK, NY 3,4303.4k $98.4k $98.4k 0.05% New
84 Qube Research & Technologies Ltd 0.00% of their portfolio LONDON, X0 3,0913.1k $88.7k $88.7k 0.00% New
85 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 3,0893.1k $88.6k $88.6k 0.00% Added +591 +591
86 VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio San Antonio, TX 3,0593.1k $87.8k $87.8k 0.00% Added +172 +172
87 Quent Capital, LLC 0.01% of their portfolio NEW YORK, NY 2,5002.5k $71.7k $71.7k 0.01% Unchanged
88 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 2,0412.0k $58.6k $58.6k 0.00% Added +1.9k +1,915
89 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 1,9381.9k $55.6k $55.6k 0.00% Reduced -3.5k -3,537
90 Ameritas Investment Partners, Inc. 0.00% of their portfolio LINCOLN, NE 1,0921.1k $31.3k $31.3k 0.00% Unchanged
91 SIGNATUREFD, LLC 0.00% of their portfolio ATLANTA, GA 1,0001.0k $28.7k $28.7k 0.00% Unchanged
92 nVerses Capital, LLC 0.02% of their portfolio WELLINGTON, FL 1,0001.0k $28.7k $28.7k 0.02% New
93 Legal & General Group Plc 0.00% of their portfolio London, X0 939939 $26.9k $26.9k 0.00% Unchanged
94 COMERICA BANK 0.00% of their portfolio DALLAS, TX 900900 $25.8k $25.8k 0.00% New
95 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 825825 $23.7k $23.7k 0.00% Reduced -320 -320
96 Covestor Ltd 0.01% of their portfolio LONDON, X0 626626 $18.0k $18.0k 0.01% Reduced -5.3k -5,308
97 Redwood Wealth Management Group, LLC 0.01% of their portfolio MEDFORD, NJ 556556 $16.0k $16.0k 0.01% New
98 FMR LLC 0.00% of their portfolio BOSTON, MA 401401 $11.5k $11.5k 0.00% Reduced -70.5k -70,455
99 AMALGAMATED BANK 0.00% of their portfolio NEW YORK, NY 378378 $11.0k $11.0k 0.00% Unchanged
100 INNEALTA CAPITAL, LLC 0.00% of their portfolio AUSTIN, TX 214214 $6.1k $6.1k 0.00% New