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 ($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
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 |
| Q4 2024 | 120 |
| Q1 2025 | 119 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q2 2023 | 48 | 60 |
| Q3 2023 | 57 | 46 |
| Q4 2023 | 72 | 36 |
| Q1 2024 | 53 | 59 |
| Q2 2024 | 63 | 44 |
| Q3 2024 | 63 | 49 |
| Q4 2024 | 65 | 57 |
| Q1 2025 | 49 | 57 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2024 | $4.4m | $1.8m | 0.41 |
| Q3 2024 | $2.9m | $761.4k | 0.26 |
| Q4 2024 | $1.1m | $525.2k | 0.48 |
| Q1 2025 | $1.1m | $354.6k | 0.32 |
Biggest buyers
| Western Standard LLC | New | +197.7k |
| JACOBS LEVY EQUITY MANAGEMENT, INC | New | +197.4k |
| Pacific Ridge Capital Partners, LLC | New | +162.8k |
| First Eagle Investment Management, LLC | Added | +126.3k |
| AMERIPRISE FINANCIAL INC | Added | +93.7k |
| LAZARD ASSET MANAGEMENT LLC | New | +82.0k |
| Connor, Clark & Lunn Investment Management Ltd. | Added | +69.5k |
| Manatuck Hill Partners, LLC | New | +55.9k |
| VOYA INVESTMENT MANAGEMENT LLC | Added | +41.3k |
| ROYCE & ASSOCIATES LP | Added | +35.6k |
Biggest sellers
| PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. | Reduced | -184.3k |
| MARSHALL WACE, LLP | Reduced | -163.3k |
| Hodges Capital Management Inc. | Reduced | -155.8k |
| UBS Group AG | Reduced | -107.7k |
| PARADIGM CAPITAL MANAGEMENT INC/NY | Reduced | -81.4k |
| RENAISSANCE TECHNOLOGIES LLC | Reduced | -80.2k |
| JPMORGAN CHASE & CO | Reduced | -79.9k |
| CITADEL ADVISORS LLC | Reduced | -69.3k |
| Hudson Bay Capital Management LP | Sold out | -65.4k |
| LANDSCAPE CAPITAL MANAGEMENT, L.L.C. | Sold out | -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.
| 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 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)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| 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 | — | — |
| Q4 2024 | 4 | $125.6k | 0 | — | — |
| Q1 2025 | 0 | — | 0 | — | — |
None reported in Q1 2025.
Holders, Q1 2025
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.00% of their portfolio | 785.2k $15.1m | Reduced -3.0k |
| ROYCE & ASSOCIATES LP 0.14% of their portfolio | 680.5k $13.0m | Added +35.6k |
| VANGUARD GROUP INC 0.00% of their portfolio | 673.3k $12.9m | Added +7.8k |
| Tieton Capital Management, LLC 5.62% of their portfolio | 641.8k $12.3m | Reduced -8.5k |
| FIRST WILSHIRE SECURITIES MANAGEMENT INC 2.39% of their portfolio | 435.0k $8.3m | Added +21.8k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 419.9k $8.1m | Reduced -3.5k |
| Hodges Capital Management Inc. 0.79% of their portfolio | 406.9k $7.8m | Reduced -155.8k |
| First Eagle Investment Management, LLC 0.01% of their portfolio | 328.9k $6.3m | Added +126.3k |
| KENNEDY CAPITAL MANAGEMENT LLC 0.15% of their portfolio | 325.8k $6.2m | Reduced -36.0k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 283.9k $5.4m | Added +11.8k |
| STATE STREET CORP 0.00% of their portfolio | 237.7k $4.6m | Reduced -4.9k |
| PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. 0.27% of their portfolio | 214.6k $4.1m | Reduced -184.3k |
| Western Standard LLC 2.23% of their portfolio | 197.7k $3.8m | New |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.02% of their portfolio | 197.4k $3.8m | New |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 195.2k $3.7m | Added +21.3k |
| Nuveen, LLC 0.00% of their portfolio | 175.6k $3.4m | First filing |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 171.4k $3.3m | Reduced -2.4k |
| Pacific Ridge Capital Partners, LLC 0.82% of their portfolio | 162.8k $3.1m | New |
| HERALD INVESTMENT MANAGEMENT Ltd 0.56% of their portfolio | 155.0k $3.0m | Unchanged |
| Bastion Asset Management Inc. 1.49% of their portfolio | 142.1k $2.8m | Reduced -34.4k |
| AWM Investment Company, Inc. 0.37% of their portfolio | 138.8k $2.7m | Unchanged |
| LSV ASSET MANAGEMENT 0.01% of their portfolio | 138.5k $2.7m | Reduced -24.6k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 130.1k $2.5m | Added +93.7k |
| Connor, Clark & Lunn Investment Management Ltd. 0.01% of their portfolio | 116.5k $2.2m | Added +69.5k |
| RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio | 107.2k $2.1m | Reduced -80.2k |
| Aristides Capital LLC 0.71% of their portfolio | 100.1k $1.9m | Reduced -54.0k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 98.8k $1.9m | Reduced -2.3k |
| Ancora Advisors LLC 0.04% of their portfolio | 97.0k $1.9m | Added +15.2k |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 91.7k $1.8m | Reduced -11.5k |
| MORGAN STANLEY 0.00% of their portfolio | 85.7k $1.6m | Reduced -8.6k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 85.0k $1.6m | Added +14.5k |
| LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio | 82.0k $1.6m | New |
| PARADIGM CAPITAL MANAGEMENT INC/NY 0.08% of their portfolio | 74.0k $1.4m | Reduced -81.4k |
| MARSHALL WACE, LLP 0.00% of their portfolio | 66.8k $1.3m | Reduced -163.3k |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 60.1k $1.2m | Added +41.3k |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 56.2k $1.1m | Added +33.4k |
| Manatuck Hill Partners, LLC 0.49% of their portfolio | 55.9k $1.1m | New |
| TECTONIC ADVISORS LLC 0.06% of their portfolio | 53.2k $1.0m | Reduced -4.5k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 47.7k $914.5k | Reduced -69.3k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 40.9k $783.0k | Added +30.4k |
| BOOTHBAY FUND MANAGEMENT, LLC 0.03% of their portfolio | 40.5k $775.6k | Reduced -14.4k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 35.7k $684.7k | Reduced -816 |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 35.5k $680.2k | Reduced -562 |
| Perritt Capital Management Inc 0.37% of their portfolio | 35.0k $670.0k | Added +300 |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 34.1k $653.0k | Reduced -36.4k |
| Dynamic Technology Lab Private Ltd 0.09% of their portfolio | 33.0k $632.0k | New |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 32.2k $618.1k | Unchanged |
| Acuitas Investments, LLC 0.52% of their portfolio | 31.7k $607.2k | Added +17.6k |
| PANAGORA ASSET MANAGEMENT INC 0.00% of their portfolio | 27.0k $518.4k | Reduced -2.4k |
| Squarepoint Ops LLC 0.00% of their portfolio | 26.7k $511.3k | Reduced -48.4k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 26.1k $499.8k | Added +1.7k |
| Invesco Ltd. 0.00% of their portfolio | 24.1k $462.1k | Added +4.5k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.00% of their portfolio | 23.5k $450.8k | New |
| UBS Group AG 0.00% of their portfolio | 23.2k $445.5k | Reduced -107.7k |
| FULLER & THALER ASSET MANAGEMENT, INC. 0.00% of their portfolio | 22.2k $425.5k | New |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 21.8k $417.9k | Reduced -6.1k |
| Alberta Investment Management Corp 0.00% of their portfolio | 20.5k $393.5k | Unchanged |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 18.7k $357.9k | Reduced -5.1k |
| HERITAGE INVESTORS MANAGEMENT CORP 0.01% of their portfolio | 18.6k $358.0k | Unchanged |
| KIRR MARBACH & CO LLC /IN/ 0.08% of their portfolio | 18.6k $356.6k | Added +6.0k |
| WINTON GROUP Ltd 0.02% of their portfolio | 17.8k $342.0k | Added +187 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 17.6k $337.0k | Added +5.8k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 17.2k $329.6k | Reduced -897 |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 16.0k $305.8k | Reduced -79.9k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 14.9k $285.3k | Reduced -20.2k |
| LANARK FINANCIAL, INC. 0.02% of their portfolio | 14.3k $274.0k | New |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 13.4k $256.5k | Added +7.4k |
| SIMPLEX TRADING, LLC 0.01% of their portfolio | 11.8k $226.0k | Added +1.4k |
| BARCLAYS PLC 0.00% of their portfolio | 11.6k $221.8k | Reduced -5.9k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 9.9k $189.3k | Added +1.6k |
| Aquatic Capital Management LLC 0.00% of their portfolio | 9.6k $184.2k | Added +3.7k |
| CITIGROUP INC 0.00% of their portfolio | 8.0k $153.2k | Reduced -901 |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 6.8k $130.8k | Added +312 |
| MetLife Investment Management, LLC 0.00% of their portfolio | 6.4k $122.1k | Unchanged |
| Corebridge Financial, Inc. 0.00% of their portfolio | 5.6k $108.0k | Reduced -83 |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 5.5k $105.4k | Unchanged |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 4.7k $89.4k | First filing |
| US BANCORP \DE\ 0.00% of their portfolio | 4.3k $82.0k | New |
| Truvestments Capital LLC 0.01% of their portfolio | 3.1k $59.3k | Reduced -7.6k |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 3.1k $58.6k | Unchanged |
| COMERICA BANK 0.00% of their portfolio | 2.7k $52.1k | Added +780 |
| PenderFund Capital Management Ltd. 0.10% of their portfolio | 2.6k $317.2k | Reduced -1.1k |
| GAMMA Investing LLC 0.00% of their portfolio | 2.6k $49.7k | Added +699 |
| AlphaQuest LLC 0.01% of their portfolio | 2.6k $49.4k | Reduced -4.8k |
| Police & Firemen's Retirement System of New Jersey 0.00% of their portfolio | 2.3k $43.8k | Unchanged |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 2.3k $43.8k | Added +1.7k |
| FMR LLC 0.00% of their portfolio | 1.5k $29.6k | Added +575 |
| Ameritas Investment Partners, Inc. 0.00% of their portfolio | 1.1k $20.9k | Unchanged |
| Legal & General Group Plc 0.00% of their portfolio | 1.1k $20.9k | Unchanged |
| SIGNATUREFD, LLC 0.00% of their portfolio | 1.0k $19.2k | Unchanged |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 825 $15.8k | Unchanged |
| WealthCollab, LLC 0.01% of their portfolio | 576 $11.0k | Reduced -5 |
| CWM, LLC 0.00% of their portfolio | 501 $10.0k | Added +386 |
| AMALGAMATED BANK 0.00% of their portfolio | 378 $7.0k | Unchanged |
| HUNTINGTON NATIONAL BANK 0.00% of their portfolio | 264 $5.1k | Unchanged |
| Redwood Park Advisors LLC 0.00% of their portfolio | 202 $3.9k | Unchanged |
| Sterling Capital Management LLC 0.00% of their portfolio | 198 $3.8k | Reduced -167 |
| NISA INVESTMENT ADVISORS, LLC 0.00% of their portfolio | 193 $3.7k | Added +38 |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 177 $3.4k | New |
| Darwin Wealth Management, LLC 0.00% of their portfolio | 125 $2.3k | Unchanged |