Vault-13

AVIAT NETWORKS INC AVNW

COM NEW · Common Stock · CUSIP 05366Y201

Telecommunications company

119 institutional holders -1 vs Q4 2024
9,322,2689.3m shares reported held*
73.4% of all shares outstanding*
$179.0mreported value*
17 new 32 added 40 reduced 17 sold out net sold ≈ $3.2m (-167.5k 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 ($165.3k this quarter). Holder counts are more reliable. Shares outstanding: 12.7m as of 2025-05-02, 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 ≈ $19.20. Options: 4 managers hold calls ($1.1m notional), 3 hold puts ($354.6k).

Trends to Q1 2025

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 119Q4 22: 120Q1 23: 118Q2 23: 114Q3 23: 123Q4 23: 129Q1 24: 108Q2 24: 119Q3 24: 116Q4 24: 120Q1 25: 119119Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 2022119
Q4 2022120
Q1 2023118
Q2 2023114
Q3 2023123
Q4 2023129
Q1 2024108
Q2 2024119
Q3 2024116
Q4 2024120
Q1 2025119

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q2 23: 48 bought or addedQ2 23: 60 cut or sold outQ3 23: 57 bought or addedQ3 23: 46 cut or sold outQ3 23Q4 23: 72 bought or addedQ4 23: 36 cut or sold outQ1 24: 53 bought or addedQ1 24: 59 cut or sold outQ1 24Q2 24: 63 bought or addedQ2 24: 44 cut or sold outQ3 24: 63 bought or addedQ3 24: 49 cut or sold outQ3 24Q4 24: 65 bought or addedQ4 24: 57 cut or sold outQ1 25: 49 bought or addedQ1 25: 57 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 20234860
Q3 20235746
Q4 20237236
Q1 20245359
Q2 20246344
Q3 20246349
Q4 20246557
Q1 20254957

Calls vs puts

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

CallsPuts
$0$2m$4m$6mQ2 24 calls: $4.4mQ2 24 puts: $1.8mQ2 24P/C 0.41Q3 24 calls: $2.9mQ3 24 puts: $761.4kQ3 24P/C 0.26Q4 24 calls: $1.1mQ4 24 puts: $525.2kQ4 24P/C 0.48Q1 25 calls: $1.1mQ1 25 puts: $354.6kQ1 25P/C 0.32
Numbers
QuarterCallsPutsP/C
Q2 2024$4.4m$1.8m0.41
Q3 2024$2.9m$761.4k0.26
Q4 2024$1.1m$525.2k0.48
Q1 2025$1.1m$354.6k0.32

Biggest buyers

Western Standard LLC New +197,728+197.7k
JACOBS LEVY EQUITY MANAGEMENT, INC New +197,352+197.4k
Pacific Ridge Capital Partners, LLC New +162,756+162.8k
First Eagle Investment Management, LLC Added +126,324+126.3k
AMERIPRISE FINANCIAL INC Added +93,692+93.7k
LAZARD ASSET MANAGEMENT LLC New +81,975+82.0k
Connor, Clark & Lunn Investment Management Ltd. Added +69,521+69.5k
Manatuck Hill Partners, LLC New +55,900+55.9k
VOYA INVESTMENT MANAGEMENT LLC Added +41,327+41.3k
ROYCE & ASSOCIATES LP Added +35,580+35.6k

Biggest sellers

PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. Reduced -184,258-184.3k
MARSHALL WACE, LLP Reduced -163,262-163.3k
Hodges Capital Management Inc. Reduced -155,849-155.8k
UBS Group AG Reduced -107,671-107.7k
PARADIGM CAPITAL MANAGEMENT INC/NY Reduced -81,400-81.4k
RENAISSANCE TECHNOLOGIES LLC Reduced -80,200-80.2k
JPMORGAN CHASE & CO Reduced -79,946-79.9k
CITADEL ADVISORS LLC Reduced -69,263-69.3k
Hudson Bay Capital Management LP Sold out -65,423-65.4k
LANDSCAPE CAPITAL MANAGEMENT, L.L.C. Sold out -60,064-60.1k

Biggest calls

CITADEL ADVISORS LLC Added $644.1k33.6k shares
GROUP ONE TRADING LLC New $402.6k21.0k shares
SIMPLEX TRADING, LLC New $55.0k2.9k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

LPL Financial LLC New $191.7k10.0k shares
CITADEL ADVISORS LLC Reduced $162.9k8.5k 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 2025

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 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 24Q2 24: 2 buyingQ2 24: 0 sellingQ3 24: 0 buyingQ3 24: 0 sellingQ3 24Q4 24: 4 buyingQ4 24: 0 sellingQ1 25: 0 buyingQ1 25: 0 sellingQ1 25
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q2 20231$29.8k0——
Q3 20230—5$814.5k—
Q4 20230—0——
Q1 20240—0——
Q2 20242$35.5k0——
Q3 20240—0——
Q4 20244$125.6k0——
Q1 20250—0——

None reported in Q1 2025.

Holders, Q1 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BlackRock, Inc. 0.00% of their portfolio New York, NY 785,242785.2k $15.1m $15.1m 0.00% Reduced -3.0k -3,005
2 ROYCE & ASSOCIATES LP 0.14% of their portfolio New York, NY 680,459680.5k $13.0m $13.0m 0.14% Added +35.6k +35,580
3 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 673,293673.3k $12.9m $12.9m 0.00% Added +7.8k +7,816
4 Tieton Capital Management, LLC 5.62% of their portfolio YAKIMA, WA 641,780641.8k $12.3m $12.3m 5.62% Reduced -8.5k -8,490
5 FIRST WILSHIRE SECURITIES MANAGEMENT INC 2.39% of their portfolio PASADENA, CA 435,031435.0k $8.3m $8.3m 2.39% Added +21.8k +21,839
6 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 419,948419.9k $8.1m $8.1m 0.00% Reduced -3.5k -3,529
7 Hodges Capital Management Inc. 0.79% of their portfolio DALLAS, TX 406,861406.9k $7.8m $7.8m 0.79% Reduced -155.8k -155,849
8 First Eagle Investment Management, LLC 0.01% of their portfolio NEW YORK, NY 328,907328.9k $6.3m $6.3m 0.01% Added +126.3k +126,324
9 KENNEDY CAPITAL MANAGEMENT LLC 0.15% of their portfolio ST LOUIS, MO 325,779325.8k $6.2m $6.2m 0.15% Reduced -36.0k -35,970
10 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 283,944283.9k $5.4m $5.4m 0.00% Added +11.8k +11,825
11 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 237,652237.7k $4.6m $4.6m 0.00% Reduced -4.9k -4,916
12 PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. 0.27% of their portfolio EDINA, MN 214,619214.6k $4.1m $4.1m 0.27% Reduced -184.3k -184,258
13 Western Standard LLC 2.23% of their portfolio Los Angeles, CA 197,728197.7k $3.8m $3.8m 2.23% New
14 JACOBS LEVY EQUITY MANAGEMENT, INC 0.02% of their portfolio FLORHAM PARK, NJ 197,352197.4k $3.8m $3.8m 0.02% New
15 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 195,213195.2k $3.7m $3.7m 0.00% Added +21.3k +21,273
16 Nuveen, LLC 0.00% of their portfolio CHARLOTTE, NC 175,596175.6k $3.4m $3.4m 0.00% First filing
17 HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.01% of their portfolio Los Angeles, CA 171,360171.4k $3.3m $3.3m 0.01% Reduced -2.4k -2,350
18 Pacific Ridge Capital Partners, LLC 0.82% of their portfolio LAKE OSWEGO, OR 162,756162.8k $3.1m $3.1m 0.82% New
19 HERALD INVESTMENT MANAGEMENT Ltd 0.56% of their portfolio LONDON, X0 155,000155.0k $3.0m $3.0m 0.56% Unchanged
20 Bastion Asset Management Inc. 1.49% of their portfolio Montreal, Z4 142,087142.1k $2.8m $2.8m 1.49% Reduced -34.4k -34,396
21 AWM Investment Company, Inc. 0.37% of their portfolio NEW YORK, NY 138,806138.8k $2.7m $2.7m 0.37% Unchanged
22 LSV ASSET MANAGEMENT 0.01% of their portfolio CHICAGO, IL 138,525138.5k $2.7m $2.7m 0.01% Reduced -24.6k -24,600
23 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 130,140130.1k $2.5m $2.5m 0.00% Added +93.7k +93,692
24 Connor, Clark & Lunn Investment Management Ltd. 0.01% of their portfolio VANCOUVER, A1 116,485116.5k $2.2m $2.2m 0.01% Added +69.5k +69,521
25 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 107,180107.2k $2.1m $2.1m 0.00% Reduced -80.2k -80,200
26 Aristides Capital LLC 0.71% of their portfolio LOUISVILLE, KY 100,135100.1k $1.9m $1.9m 0.71% Reduced -54.0k -53,967
27 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 98,81998.8k $1.9m $1.9m 0.00% Reduced -2.3k -2,272
28 Ancora Advisors LLC 0.04% of their portfolio Cleveland, OH 97,00597.0k $1.9m $1.9m 0.04% Added +15.2k +15,178
29 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 91,72891.7k $1.8m $1.8m 0.00% Reduced -11.5k -11,549
30 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 85,72685.7k $1.6m $1.6m 0.00% Reduced -8.6k -8,603
31 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 84,95485.0k $1.6m $1.6m 0.00% Added +14.5k +14,498
32 LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 81,97582.0k $1.6m $1.6m 0.00% New
33 PARADIGM CAPITAL MANAGEMENT INC/NY 0.08% of their portfolio ALBANY, NY 73,96374.0k $1.4m $1.4m 0.08% Reduced -81.4k -81,400
34 MARSHALL WACE, LLP 0.00% of their portfolio LONDON, X0 66,75066.8k $1.3m $1.3m 0.00% Reduced -163.3k -163,262
35 VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio ATLANTA, GA 60,14460.1k $1.2m $1.2m 0.00% Added +41.3k +41,327
36 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 56,20956.2k $1.1m $1.1m 0.00% Added +33.4k +33,364
37 Manatuck Hill Partners, LLC 0.49% of their portfolio WESTPORT, CT 55,90055.9k $1.1m $1.1m 0.49% New
38 TECTONIC ADVISORS LLC 0.06% of their portfolio FRISCO, TX 53,17053.2k $1.0m $1.0m 0.06% Reduced -4.5k -4,502
39 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 47,70447.7k $914.5k $914.5k 0.00% Reduced -69.3k -69,263
40 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 40,87440.9k $783.0k $783.0k 0.00% Added +30.4k +30,413
41 BOOTHBAY FUND MANAGEMENT, LLC 0.03% of their portfolio NEW YORK, NY 40,46140.5k $775.6k $775.6k 0.03% Reduced -14.4k -14,415
42 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 35,71935.7k $684.7k $684.7k 0.00% Reduced -816 -816
43 FIRST TRUST ADVISORS LP 0.00% of their portfolio Wheaton, IL 35,48335.5k $680.2k $680.2k 0.00% Reduced -562 -562
44 Perritt Capital Management Inc 0.37% of their portfolio Chicago, IL 34,95035.0k $670.0k $670.0k 0.37% Added +300 +300
45 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 34,06334.1k $653.0k $653.0k 0.00% Reduced -36.4k -36,388
46 Dynamic Technology Lab Private Ltd 0.09% of their portfolio SINGAPORE, U0 32,99433.0k $632.0k $632.0k 0.09% New
47 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 32,24232.2k $618.1k $618.1k 0.00% Unchanged
48 Acuitas Investments, LLC 0.52% of their portfolio Seattle, WA 31,67731.7k $607.2k $607.2k 0.52% Added +17.6k +17,604
49 PANAGORA ASSET MANAGEMENT INC 0.00% of their portfolio BOSTON, MA 27,04127.0k $518.4k $518.4k 0.00% Reduced -2.4k -2,427
50 Squarepoint Ops LLC 0.00% of their portfolio NEW YORK, NY 26,67226.7k $511.3k $511.3k 0.00% Reduced -48.4k -48,408
51 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 26,07026.1k $499.8k $499.8k 0.00% Added +1.7k +1,683
52 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 24,10624.1k $462.1k $462.1k 0.00% Added +4.5k +4,515
53 PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.00% of their portfolio COLUMBUS, OH 23,51723.5k $450.8k $450.8k 0.00% New
54 UBS Group AG 0.00% of their portfolio ZURICH, V8 23,23923.2k $445.5k $445.5k 0.00% Reduced -107.7k -107,671
55 FULLER & THALER ASSET MANAGEMENT, INC. 0.00% of their portfolio SAN MATEO, CA 22,19522.2k $425.5k $425.5k 0.00% New
56 BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.01% of their portfolio HOUSTON, TX 21,80021.8k $417.9k $417.9k 0.01% Reduced -6.1k -6,100
57 Alberta Investment Management Corp 0.00% of their portfolio EDMONTON, A0 20,52520.5k $393.5k $393.5k 0.00% Unchanged
58 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 18,67118.7k $357.9k $357.9k 0.00% Reduced -5.1k -5,074
59 HERITAGE INVESTORS MANAGEMENT CORP 0.01% of their portfolio BETHESDA, MD 18,64918.6k $358.0k $358.0k 0.01% Unchanged
60 KIRR MARBACH & CO LLC /IN/ 0.08% of their portfolio COLUMBUS, IN 18,60018.6k $356.6k $356.6k 0.08% Added +6.0k +6,000
61 WINTON GROUP Ltd 0.02% of their portfolio LONDON, X0 17,84017.8k $342.0k $342.0k 0.02% Added +187 +187
62 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 17,58117.6k $337.0k $337.0k 0.00% Added +5.8k +5,829
63 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 17,19317.2k $329.6k $329.6k 0.00% Reduced -897 -897
64 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 15,95416.0k $305.8k $305.8k 0.00% Reduced -79.9k -79,946
65 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 14,88514.9k $285.3k $285.3k 0.00% Reduced -20.2k -20,187
66 LANARK FINANCIAL, INC. 0.02% of their portfolio BIRMINGHAM, AL 14,33514.3k $274.0k $274.0k 0.02% New
67 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 13,38213.4k $256.5k $256.5k 0.00% Added +7.4k +7,381
68 SIMPLEX TRADING, LLC 0.01% of their portfolio CHICAGO, IL 11,79411.8k $226.0k $226.0k 0.01% Added +1.4k +1,426
69 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 11,57211.6k $221.8k $221.8k 0.00% Reduced -5.9k -5,916
70 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 9,8779.9k $189.3k $189.3k 0.00% Added +1.6k +1,553
71 Aquatic Capital Management LLC 0.00% of their portfolio CHICAGO, IL 9,6109.6k $184.2k $184.2k 0.00% Added +3.7k +3,732
72 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 7,9928.0k $153.2k $153.2k 0.00% Reduced -901 -901
73 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio CAUSEWAY BAY, K3 6,8236.8k $130.8k $130.8k 0.00% Added +312 +312
74 MetLife Investment Management, LLC 0.00% of their portfolio Whippany, NJ 6,3706.4k $122.1k $122.1k 0.00% Unchanged
75 Corebridge Financial, Inc. 0.00% of their portfolio HOUSTON, TX 5,6345.6k $108.0k $108.0k 0.00% Reduced -83 -83
76 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 5,4965.5k $105.4k $105.4k 0.00% Unchanged
77 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 4,6614.7k $89.4k $89.4k 0.00% First filing
78 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 4,2804.3k $82.0k $82.0k 0.00% New
79 Truvestments Capital LLC 0.01% of their portfolio SARASOTA, FL 3,0913.1k $59.3k $59.3k 0.01% Reduced -7.6k -7,632
80 VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio San Antonio, TX 3,0593.1k $58.6k $58.6k 0.00% Unchanged
81 COMERICA BANK 0.00% of their portfolio DALLAS, TX 2,7202.7k $52.1k $52.1k 0.00% Added +780 +780
82 PenderFund Capital Management Ltd. 0.10% of their portfolio VANCOUVER, A1 2,6002.6k $317.2k $317.2k 0.10% Reduced -1.1k -1,100
83 GAMMA Investing LLC 0.00% of their portfolio FOSTER CITY, CA 2,5922.6k $49.7k $49.7k 0.00% Added +699 +699
84 AlphaQuest LLC 0.01% of their portfolio New York, NY 2,5762.6k $49.4k $49.4k 0.01% Reduced -4.8k -4,783
85 Police & Firemen's Retirement System of New Jersey 0.00% of their portfolio TRENTON, NJ 2,2862.3k $43.8k $43.8k 0.00% Unchanged
86 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 2,2832.3k $43.8k $43.8k 0.00% Added +1.7k +1,687
87 FMR LLC 0.00% of their portfolio BOSTON, MA 1,5431.5k $29.6k $29.6k 0.00% Added +575 +575
88 Ameritas Investment Partners, Inc. 0.00% of their portfolio LINCOLN, NE 1,0921.1k $20.9k $20.9k 0.00% Unchanged
89 Legal & General Group Plc 0.00% of their portfolio London, X0 1,0881.1k $20.9k $20.9k 0.00% Unchanged
90 SIGNATUREFD, LLC 0.00% of their portfolio ATLANTA, GA 1,0001.0k $19.2k $19.2k 0.00% Unchanged
91 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 825825 $15.8k $15.8k 0.00% Unchanged
92 WealthCollab, LLC 0.01% of their portfolio BELLEVUE, WA 576576 $11.0k $11.0k 0.01% Reduced -5 -5
93 CWM, LLC 0.00% of their portfolio OMAHA, NE 501501 $10.0k $10.0k 0.00% Added +386 +386
94 AMALGAMATED BANK 0.00% of their portfolio NEW YORK, NY 378378 $7.0k $7.0k 0.00% Unchanged
95 HUNTINGTON NATIONAL BANK 0.00% of their portfolio COLUMBUS, OH 264264 $5.1k $5.1k 0.00% Unchanged
96 Redwood Park Advisors LLC 0.00% of their portfolio Redwood City, CA 202202 $3.9k $3.9k 0.00% Unchanged
97 Sterling Capital Management LLC 0.00% of their portfolio CHARLOTTE, NC 198198 $3.8k $3.8k 0.00% Reduced -167 -167
98 NISA INVESTMENT ADVISORS, LLC 0.00% of their portfolio ST. LOUIS, MO 193193 $3.7k $3.7k 0.00% Added +38 +38
99 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 177177 $3.4k $3.4k 0.00% New
100 Darwin Wealth Management, LLC 0.00% of their portfolio TAMPA, FL 125125 $2.3k $2.3k 0.00% Unchanged