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: 12.7m as of 2024-10-03, 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 ≈ $21.65. Options: 4 managers hold calls ($2.9m notional), 2 hold puts ($761.4k).
Trends to Q3 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 |
| Q2 2024 | 119 |
| Q3 2024 | 116 |
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 |
| Q2 2024 | 63 | 44 |
| Q3 2024 | 63 | 49 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2023 | $7.2m | $378.5k | 0.05 |
| Q1 2024 | $8.1m | $2.6m | 0.32 |
| Q2 2024 | $4.4m | $1.8m | 0.41 |
| Q3 2024 | $2.9m | $761.4k | 0.26 |
Biggest buyers
| GOLDMAN SACHS GROUP INC | Added | +243.2k |
| Hodges Capital Management Inc. | Added | +99.9k |
| Qube Research & Technologies Ltd | Added | +63.1k |
| Tieton Capital Management, LLC | New | +59.2k |
| Squarepoint Ops LLC | New | +56.8k |
| ROYCE & ASSOCIATES LP | Added | +54.3k |
| Russell Investments Group, Ltd. | Added | +45.0k |
| MARSHALL WACE, LLP | New | +39.9k |
| CITADEL ADVISORS LLC | Added | +38.2k |
| HRT FINANCIAL LP | New | +30.9k |
Biggest sellers
| Select Equity Group, L.P. | Reduced | -279.5k |
| Potrero Capital Research LLC | Sold out | -246.1k |
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -210.9k |
| Aristides Capital LLC | Reduced | -137.5k |
| PenderFund Capital Management Ltd. | Sold out | -129.5k |
| First Eagle Investment Management, LLC | Sold out | -123.5k |
| G2 Investment Partners Management LLC | Sold out | -120.0k |
| BOOTHBAY FUND MANAGEMENT, LLC | Reduced | -97.7k |
| 272 Capital LP | Reduced | -97.2k |
| Knights of Columbus Asset Advisors LLC | Sold out | -77.3k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $1.8m83.6k shares |
| SIMPLEX TRADING, LLC | Reduced | $863.0k39.9k shares |
| CITADEL ADVISORS LLC | Reduced | $235.8k10.9k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $761.4k35.2k 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 Q3 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 |
|---|---|---|---|---|---|
| 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 | — | — |
| Q2 2024 | 2 | $35.5k | 0 | — | — |
| Q3 2024 | 0 | — | 0 | — | — |
None reported in Q3 2024.
Holders, Q3 2024
| Manager | Shares | Change |
|---|---|---|
| PARADIGM CAPITAL MANAGEMENT INC/NY 0.96% of their portfolio | 1.0m $21.7m | Added +1.4k |
| BlackRock, Inc. 0.00% of their portfolio | 805.7k $17.4m | First filing |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 728.2k $15.8m | Added +22.2k |
| ROYCE & ASSOCIATES LP 0.14% of their portfolio | 696.4k $15.1m | Added +54.3k |
| VANGUARD GROUP INC 0.00% of their portfolio | 651.9k $14.1m | Added +27.9k |
| PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. 0.67% of their portfolio | 557.7k $12.1m | Added +7.1k |
| Hodges Capital Management Inc. 0.65% of their portfolio | 465.5k $10.1m | Added +99.9k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 425.8k $9.2m | Added +305 |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 270.9k $5.9m | Reduced -11.2k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 267.9k $5.8m | Added +243.2k |
| STATE STREET CORP 0.00% of their portfolio | 237.7k $5.1m | Added +3.9k |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 207.7k $4.5m | Reduced -8.7k |
| OBERWEIS ASSET MANAGEMENT INC/ 0.22% of their portfolio | 199.3k $4.3m | Unchanged |
| LSV ASSET MANAGEMENT 0.01% of their portfolio | 192.7k $4.2m | Added +11.4k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 170.7k $3.9m | Added +22.7k |
| HERALD INVESTMENT MANAGEMENT Ltd 0.58% of their portfolio | 155.0k $3.3m | Unchanged |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 154.3k $3.3m | Reduced -210.9k |
| Aristides Capital LLC 1.23% of their portfolio | 137.5k $3.0m | Reduced -137.5k |
| AWM Investment Company, Inc. 0.36% of their portfolio | 136.4k $3.0m | Added +5.6k |
| Select Equity Group, L.P. 0.01% of their portfolio | 100.7k $2.2m | Reduced -279.5k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 99.8k $2.2m | Reduced -169 |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 99.3k $2.1m | Added +1.1k |
| BOOTHBAY FUND MANAGEMENT, LLC 0.05% of their portfolio | 74.0k $1.6m | Reduced -97.7k |
| 272 Capital LP 0.85% of their portfolio | 69.1k $1.5m | Reduced -97.2k |
| Ancora Advisors LLC 0.03% of their portfolio | 68.3k $1.5m | Added +9.6k |
| GLOBEFLEX CAPITAL L P 0.14% of their portfolio | 66.5k $1.4m | Unchanged |
| Qube Research & Technologies Ltd 0.00% of their portfolio | 66.2k $1.4m | Added +63.1k |
| MORGAN STANLEY 0.00% of their portfolio | 64.2k $1.4m | Reduced -31.3k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 62.9k $1.4m | Added +28.3k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 60.7k $1.3m | Added +38.2k |
| TECTONIC ADVISORS LLC 0.08% of their portfolio | 59.6k $1.3m | Added +4.7k |
| Tieton Capital Management, LLC 0.66% of their portfolio | 59.2k $1.3m | New |
| Squarepoint Ops LLC 0.00% of their portfolio | 56.8k $1.2m | New |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 49.7k $1.1m | Added +372 |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 45.0k $972.6k | Added +45.0k |
| MARSHALL WACE, LLP 0.00% of their portfolio | 39.9k $863.9k | New |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 39.7k $858.9k | Added +4.4k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 38.8k $839.5k | Reduced -9.1k |
| ANCHOR CAPITAL ADVISORS LLC 0.02% of their portfolio | 37.7k $815.8k | Reduced -1.0k |
| SHERBROOKE PARK ADVISERS LLC 0.16% of their portfolio | 32.9k $711.8k | Added +16.0k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 32.2k $697.4k | Unchanged |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 31.3k $677.9k | Added +16.2k |
| HRT FINANCIAL LP 0.00% of their portfolio | 30.9k $668.0k | New |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 28.5k $615.9k | Reduced -8.9k |
| Connor, Clark & Lunn Investment Management Ltd. 0.00% of their portfolio | 27.7k $598.2k | New |
| Assenagon Asset Management S.A. 0.00% of their portfolio | 27.2k $588.6k | New |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 24.7k $535.1k | Added +9.2k |
| LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio | 24.1k $521.0k | Added +10.2k |
| Perritt Capital Management Inc 0.23% of their portfolio | 20.9k $453.1k | Unchanged |
| Alberta Investment Management Corp 0.00% of their portfolio | 20.5k $444.0k | Unchanged |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 20.4k $441.4k | Added +2.8k |
| GSA CAPITAL PARTNERS LLP 0.03% of their portfolio | 19.8k $429.0k | Added +12.8k |
| HERITAGE INVESTORS MANAGEMENT CORP 0.01% of their portfolio | 19.2k $415.0k | Unchanged |
| Nebula Research & Development LLC 0.05% of their portfolio | 18.9k $409.5k | Added +10.5k |
| PANAGORA ASSET MANAGEMENT INC 0.00% of their portfolio | 18.9k $408.2k | New |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 18.6k $402.2k | Reduced -2.6k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 18.0k $388.9k | Reduced -737 |
| Invesco Ltd. 0.00% of their portfolio | 18.0k $388.7k | Reduced -8.9k |
| Balyasny Asset Management L.P. 0.00% of their portfolio | 17.5k $377.5k | New |
| PDT Partners, LLC 0.03% of their portfolio | 17.2k $372.4k | New |
| WHITE PINE CAPITAL LLC 0.12% of their portfolio | 16.8k $362.7k | Reduced -19.0k |
| Paloma Partners Management Co 0.02% of their portfolio | 16.5k $356.8k | New |
| BARCLAYS PLC 0.00% of their portfolio | 15.9k $344.5k | Added +11.9k |
| Engineers Gate Manager LP 0.01% of their portfolio | 15.6k $337.6k | New |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 15.6k $336.6k | Added +1.7k |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 15.3k $331.9k | Added +883 |
| ExodusPoint Capital Management, LP 0.00% of their portfolio | 14.5k $313.0k | New |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 14.2k $308.1k | Added +12.3k |
| Acuitas Investments, LLC 0.14% of their portfolio | 14.1k $304.4k | Unchanged |
| Corton Capital Inc. 0.14% of their portfolio | 13.6k $293.5k | Added +4.7k |
| KIRR MARBACH & CO LLC /IN/ 0.06% of their portfolio | 12.6k $272.5k | Unchanged |
| Dynamic Technology Lab Private Ltd 0.03% of their portfolio | 12.2k $263.0k | New |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 11.9k $259.0k | Reduced -1.4k |
| EntryPoint Capital, LLC 0.14% of their portfolio | 11.7k $253.8k | Added +8.3k |
| PRELUDE CAPITAL MANAGEMENT, LLC 0.02% of their portfolio | 11.6k $250.9k | New |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 10.7k $232.2k | Reduced -58 |
| Truvestments Capital LLC 0.06% of their portfolio | 9.9k $214.8k | Reduced -1.5k |
| CITIGROUP INC 0.00% of their portfolio | 8.8k $190.6k | Added +5.7k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 8.5k $184.0k | Added +2.6k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 7.9k $170.4k | Added +1.1k |
| MetLife Investment Management, LLC 0.00% of their portfolio | 6.4k $137.8k | Unchanged |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 6.2k $134.3k | Reduced -301 |
| Corebridge Financial, Inc. 0.00% of their portfolio | 6.1k $131.6k | Reduced -37 |
| GROUP ONE TRADING LLC 0.01% of their portfolio | 6.0k $128.9k | New |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 5.5k $118.9k | Unchanged |
| UBS Group AG 0.00% of their portfolio | 5.5k $118.4k | Reduced -2.5k |
| State of Wyoming 0.02% of their portfolio | 5.4k $117.4k | Added +504 |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 3.5k $76.5k | Reduced -712 |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 3.1k $66.2k | Unchanged |
| LANARK FINANCIAL, INC. 0.01% of their portfolio | 2.9k $62.0k | New |
| TURTLE CREEK ASSET MANAGEMENT INC. 0.00% of their portfolio | 2.9k $62.7k | Reduced -1.4k |
| Quent Capital, LLC 0.01% of their portfolio | 2.5k $54.1k | Unchanged |
| COMERICA BANK 0.00% of their portfolio | 1.5k $33.3k | Added +640 |
| Ameritas Investment Partners, Inc. 0.00% of their portfolio | 1.1k $23.6k | Unchanged |
| Legal & General Group Plc 0.00% of their portfolio | 1.1k $23.5k | Added +149 |
| SIGNATUREFD, LLC 0.00% of their portfolio | 1.0k $21.6k | Unchanged |
| FMR LLC 0.00% of their portfolio | 874 $18.9k | Added +473 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 825 $17.8k | Unchanged |
| Quarry LP 0.01% of their portfolio | 768 $16.6k | New |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 451 $9.8k | Reduced -1.6k |