Vault-13

AVIAT NETWORKS INC AVNW

COM NEW · Common Stock · CUSIP 05366Y201

Telecommunications company

125 institutional holders -12 vs Q1 2026
10,801,63110.8m shares reported held*
84.4% of all shares outstanding*
$239.8mreported value*
17 new 51 added 34 reduced 26 sold out net bought ≈ $15.6m (+703.0k 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 ($699.5k this quarter). Holder counts are more reliable. Shares outstanding: 12.8m as of 2026-08-21, 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 ≈ $22.20. Options: 5 managers hold calls ($2.7m notional), 2 hold puts ($430.7k).

Trends to Q2 2026

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: 119Q2 25: 130Q3 25: 123Q4 25: 132Q1 26: 137Q2 26: 125125Q3 22Q3 23Q3 24Q3 25Q2 26
Numbers
QuarterHolders
Q3 2022119
Q4 2022120
Q1 2023118
Q2 2023114
Q3 2023123
Q4 2023129
Q1 2024108
Q2 2024119
Q3 2024116
Q4 2024120
Q1 2025119
Q2 2025130
Q3 2025123
Q4 2025132
Q1 2026137
Q2 2026125

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q3 24: 63 bought or addedQ3 24: 49 cut or sold outQ4 24: 65 bought or addedQ4 24: 57 cut or sold outQ4 24Q1 25: 49 bought or addedQ1 25: 57 cut or sold outQ2 25: 52 bought or addedQ2 25: 53 cut or sold outQ2 25Q3 25: 59 bought or addedQ3 25: 53 cut or sold outQ4 25: 52 bought or addedQ4 25: 60 cut or sold outQ4 25Q1 26: 59 bought or addedQ1 26: 54 cut or sold outQ2 26: 68 bought or addedQ2 26: 60 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 20246349
Q4 20246557
Q1 20254957
Q2 20255253
Q3 20255953
Q4 20255260
Q1 20265954
Q2 20266860

Calls vs puts

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

CallsPuts
$0$2m$4m$6mQ3 25 calls: $2.7mQ3 25 puts: $22.1kQ3 25P/C 0.01Q4 25 calls: $1.8mQ4 25 puts: $57.7kQ4 25P/C 0.03Q1 26 calls: $4.6mQ1 26 puts: $483.9kQ1 26P/C 0.10Q2 26 calls: $2.7mQ2 26 puts: $430.7kQ2 26P/C 0.16
Numbers
QuarterCallsPutsP/C
Q3 2025$2.7m$22.1k0.01
Q4 2025$1.8m$57.7k0.03
Q1 2026$4.6m$483.9k0.10
Q2 2026$2.7m$430.7k0.16

Biggest buyers

First Eagle Investment Management, LLC Added +429,756+429.8k
MILLENNIUM MANAGEMENT LLC New +197,315+197.3k
CSM Advisors, LLC Added +192,660+192.7k
MARSHALL WACE, LLP Added +162,993+163.0k
D. E. Shaw & Co., Inc. Added +117,936+117.9k
JACOBS LEVY EQUITY MANAGEMENT, INC Added +73,453+73.5k
ACADIAN ASSET MANAGEMENT LLC Added +63,829+63.8k
HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC Added +61,320+61.3k
BlackRock, Inc. Added +61,134+61.1k
Trexquant Investment LP New +59,345+59.3k

Biggest sellers

SEI INVESTMENTS CO Reduced -238,562-238.6k
AWM Investment Company, Inc. Sold out -165,723-165.7k
Hodges Capital Management Inc. Reduced -141,969-142.0k
AMERICAN CENTURY COMPANIES INC Reduced -132,257-132.3k
Western Standard LLC Reduced -114,724-114.7k
Aristides Capital LLC Sold out -114,691-114.7k
HERALD INVESTMENT MANAGEMENT Ltd Reduced -102,000-102.0k
Manatuck Hill Partners, LLC Sold out -75,800-75.8k
Inspire Investing, LLC Sold out -64,776-64.8k
DIMENSIONAL FUND ADVISORS LP Reduced -42,310-42.3k

Biggest calls

CITADEL ADVISORS LLC Reduced $1.3m57.2k shares
JANE STREET GROUP, LLC Reduced $823.6k37.1k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $555.0k25.0k shares
SIMPLEX TRADING, LLC Added $37.7k1.7k shares
GROUP ONE TRADING LLC Reduced $11.1k500 shares

Biggest puts

CITADEL ADVISORS LLC New $408.5k18.4k shares
SIMPLEX TRADING, LLC New $22.2k1.0k 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 since 1 Apr 2026

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
404Q4 24: 4 buyingQ4 24: 0 sellingQ1 25: 0 buyingQ1 25: 0 sellingQ1 25Q2 25: 0 buyingQ2 25: 1 sellingQ3 25: 0 buyingQ3 25: 2 sellingQ3 25Q4 25: 0 buyingQ4 25: 2 sellingQ1 26: 0 buyingQ1 26: 2 sellingQ1 26Q2 26: 0 buyingQ2 26: 0 sellingQ3 26: 0 buyingQ3 26: 0 sellingQ3 26
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q4 20244$125.6k0——
Q1 20250—0——
Q2 20250—1$136.9k—
Q3 20250—2$296.9k$145.8k
Q4 20250—2$201.6k—
Q1 20260—2$631.0k$449.9k
Q2 20260—0——
Q3 20260—0——

None reported since 1 Apr 2026.

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BlackRock, Inc. 0.00% of their portfolio New York, NY 844,050844.0k $18.7m $18.7m 0.00% Added +61.1k +61,134
2 First Eagle Investment Management, LLC 0.01% of their portfolio NEW YORK, NY 720,912720.9k $16.0m $16.0m 0.01% Added +429.8k +429,756
3 Tieton Capital Management, LLC 4.32% of their portfolio YAKIMA, WA 676,440676.4k $15.0m $15.0m 4.32% Reduced -7.9k -7,886
4 ROYCE & ASSOCIATES LP 0.12% of their portfolio New York, NY 655,325655.3k $14.5m $14.5m 0.12% Reduced -5.4k -5,380
5 VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio MALVERN, PA 526,237526.2k $11.7m $11.7m 0.00% Added +25.3k +25,253
6 FIRST WILSHIRE SECURITIES MANAGEMENT INC 2.39% of their portfolio PASADENA, CA 523,317523.3k $11.6m $11.6m 2.39% Reduced -6.2k -6,216
7 Pacific Ridge Capital Partners, LLC 1.78% of their portfolio LAKE OSWEGO, OR 441,141441.1k $9.8m $9.8m 1.78% Added +57.9k +57,900
8 KENNEDY CAPITAL MANAGEMENT LLC 0.17% of their portfolio ST LOUIS, MO 430,392430.4k $9.6m $9.6m 0.17% Reduced -8.1k -8,093
9 MARSHALL WACE, LLP 0.01% of their portfolio LONDON, X0 429,349429.3k $9.5m $9.5m 0.01% Added +163.0k +162,993
10 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 390,211390.2k $8.7m $8.7m 0.00% Reduced -42.3k -42,310
11 CSM Advisors, LLC 0.16% of their portfolio WARRENDALE, PA 335,615335.6k $7.5m $7.5m 0.16% Added +192.7k +192,660
12 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 311,516311.5k $6.9m $6.9m 0.00% Added +17.6k +17,632
13 Western Standard LLC 2.26% of their portfolio Los Angeles, CA 301,028301.0k $6.7m $6.7m 2.26% Reduced -114.7k -114,724
14 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 257,916257.9k $5.7m $5.7m 0.00% Reduced -1.3k -1,298
15 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 244,400244.4k $5.4m $5.4m 0.00% Added +117.9k +117,936
16 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 216,218216.2k $4.8m $4.8m 0.00% Added +23.2k +23,197
17 HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.01% of their portfolio Los Angeles, CA 200,788200.8k $4.5m $4.5m 0.01% Added +61.3k +61,320
18 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 197,315197.3k $4.4m $4.4m 0.00% New
19 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 193,763193.8k $4.3m $4.3m 0.00% Reduced -238.6k -238,562
20 ACADIAN ASSET MANAGEMENT LLC 0.00% of their portfolio Boston, MA 185,492185.5k $4.1m $4.1m 0.00% Added +63.8k +63,829
21 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 145,124145.1k $3.2m $3.2m 0.00% Added +52.7k +52,697
22 WEBER CAPITAL MANAGEMENT LLC /ADV 2.67% of their portfolio Dover, MA 141,172141.2k $3.1m $3.1m 2.67% Reduced -1.7k -1,736
23 JACOBS LEVY EQUITY MANAGEMENT, INC 0.01% of their portfolio FLORHAM PARK, NJ 134,918134.9k $3.0m $3.0m 0.01% Added +73.5k +73,453
24 LSV ASSET MANAGEMENT 0.01% of their portfolio CHICAGO, IL 127,925127.9k $2.8m $2.8m 0.01% Unchanged
25 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 122,803122.8k $2.7m $2.7m 0.00% Added +51.1k +51,070
26 VANGUARD PORTFOLIO MANAGEMENT LLC 0.00% of their portfolio MALVERN, PA 109,038109.0k $2.4m $2.4m 0.00% Added +4.7k +4,699
27 Connor, Clark & Lunn Investment Management Ltd. 0.00% of their portfolio VANCOUVER, A1 108,333108.3k $2.4m $2.4m 0.00% Reduced -23.7k -23,696
28 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 100,501100.5k $2.2m $2.2m 0.00% Added +7.3k +7,316
29 Hodges Capital Management Inc. 0.12% of their portfolio DALLAS, TX 80,50080.5k $1.8m $1.8m 0.12% Reduced -142.0k -141,969
30 CM Management, LLC 1.13% of their portfolio GULF BREEZE, FL 80,00080.0k $1.8m $1.8m 1.13% Added +50.0k +50,000
31 VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio MALVERN, PA 79,01379.0k $1.8m $1.8m 0.00% Added +886 +886
32 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 73,13673.1k $1.6m $1.6m 0.00% Added +37.1k +37,127
33 Fisher Asset Management, LLC 0.00% of their portfolio PLANO, TX 70,23870.2k $1.6m $1.6m 0.00% Reduced -10 -10
34 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 64,70164.7k $1.4m $1.4m 0.00% Added +39.2k +39,180
35 BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.02% of their portfolio HOUSTON, TX 63,95964.0k $1.4m $1.4m 0.02% Added +21.7k +21,659
36 Vanguard Global Advisers, LLC 0.00% of their portfolio MALVERN, PA 60,93460.9k $1.4m $1.4m 0.00% Added +27.3k +27,277
37 Trexquant Investment LP 0.01% of their portfolio STAMFORD, CT 59,34559.3k $1.3m $1.3m 0.01% New
38 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 56,36856.4k $1.3m $1.3m 0.00% Reduced -132.3k -132,257
39 UBS Group AG 0.00% of their portfolio ZURICH, V8 53,22853.2k $1.2m $1.2m 0.00% Added +8.4k +8,429
40 HERALD INVESTMENT MANAGEMENT Ltd 0.16% of their portfolio LONDON, X0 53,00053.0k $1.2m $1.2m 0.16% Reduced -102.0k -102,000
41 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 51,60051.6k $1.1m $1.1m 0.00% Added +8.2k +8,240
42 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 50,67750.7k $1.1m $1.1m 0.00% Reduced -30.0k -29,971
43 WESTERLY CAPITAL MANAGEMENT, LLC 0.27% of their portfolio SAN FRANCISCO, CA 50,00050.0k $1.1m $1.1m 0.27% New
44 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 49,49449.5k $1.1m $1.1m 0.00% Reduced -12.9k -12,872
45 Squarepoint Ops LLC 0.00% of their portfolio NEW YORK, NY 49,31549.3k $1.1m $1.1m 0.00% New
46 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 48,48548.5k $1.1m $1.1m 0.00% Added +1.9k +1,869
47 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 44,84544.8k $995.6k $995.6k 0.00% Added +6.8k +6,831
48 Nuveen, LLC 0.00% of their portfolio CHARLOTTE, NC 41,65241.7k $924.7k $924.7k 0.00% Added +18.7k +18,716
49 Catalyst Funds Management Pty Ltd 0.05% of their portfolio SYDNEY NSW, C3 39,00039.0k $865.8k $865.8k 0.05% New
50 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 35,45635.5k $787.1k $787.1k 0.00% Added +1.9k +1,852
51 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 34,38034.4k $763.2k $763.2k 0.00% Reduced -34.4k -34,399
52 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 32,72432.7k $678.4k $678.4k 0.00% Added +10.0k +9,981
53 VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio San Antonio, TX 32,44132.4k $720.2k $720.2k 0.00% Added +11.8k +11,791
54 TECTONIC ADVISORS LLC 0.03% of their portfolio FRISCO, TX 32,43332.4k $720.0k $720.0k 0.03% Reduced -2.6k -2,640
55 XTX Topco Ltd 0.01% of their portfolio LONDON, X0 32,37632.4k $718.7k $718.7k 0.01% New
56 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 28,89528.9k $641.5k $641.5k 0.00% Added +4.5k +4,494
57 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 25,32325.3k $562.2k $562.2k 0.00% New
58 Y-Intercept (Hong Kong) Ltd 0.01% of their portfolio HONG KONG, K3 20,89320.9k $463.8k $463.8k 0.01% New
59 Empowered Funds, LLC 0.00% of their portfolio NEWTOWN SQUARE, PA 19,65919.7k $436.4k $436.4k 0.00% New
60 Quadrature Capital Ltd 0.00% of their portfolio LONDON, X0 19,44919.4k $431.8k $431.8k 0.00% New
61 HERITAGE INVESTORS MANAGEMENT CORP 0.01% of their portfolio BETHESDA, MD 18,64918.6k $414.0k $414.0k 0.01% Unchanged
62 BOOTHBAY FUND MANAGEMENT, LLC 0.01% of their portfolio NEW YORK, NY 16,84516.8k $374.0k $374.0k 0.01% New
63 Worth Venture Partners, LLC 0.81% of their portfolio FORT LEE, NJ 16,10016.1k $357.4k $357.4k 0.81% New
64 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 14,83014.8k $335.3k $335.3k 0.00% Added +211 +211
65 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 14,44114.4k $320.6k $320.6k 0.00% Reduced -358 -358
66 Quantinno Capital Management LP 0.00% of their portfolio NEW YORK, NY 14,14214.1k $314.0k $314.0k 0.00% Reduced -5.9k -5,896
67 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 13,10613.1k $291.0k $291.0k 0.00% Reduced -14.2k -14,202
68 PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.00% of their portfolio COLUMBUS, OH 12,36412.4k $274.5k $274.5k 0.00% Unchanged
69 Brevan Howard Capital Management LP 0.00% of their portfolio ST. HELIER, Y9 12,31812.3k $273.5k $273.5k 0.00% New
70 WINTON GROUP Ltd 0.01% of their portfolio LONDON, X0 12,05012.1k $267.5k $267.5k 0.01% Added +692 +692
71 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 10,37710.4k $230.4k $230.4k 0.00% Added +4.7k +4,712
72 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 10,11310.1k $224.5k $224.5k 0.00% Added +839 +839
73 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 7,0767.1k $157.1k $157.1k 0.00% Added +297 +297
74 MetLife Investment Management, LLC 0.00% of their portfolio Whippany, NJ 6,0056.0k $133.3k $133.3k 0.00% Unchanged
75 Quent Capital, LLC 0.01% of their portfolio NEW YORK, NY 6,0006.0k $133.2k $133.2k 0.01% Unchanged
76 FMR LLC 0.00% of their portfolio BOSTON, MA 5,5645.6k $123.5k $123.5k 0.00% Reduced -9.9k -9,947
77 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 5,4815.5k $121.7k $121.7k 0.00% Added +4.6k +4,633
78 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio CAUSEWAY BAY, K3 5,4655.5k $121.3k $121.3k 0.00% Reduced -39 -39
79 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 4,2964.3k $95.4k $95.4k 0.00% Unchanged
80 Potomac Capital Management, Inc. 0.06% of their portfolio NEW YORK, NY 3,6003.6k $79.9k $79.9k 0.06% Added +1.6k +1,600
81 Police & Firemen's Retirement System of New Jersey 0.00% of their portfolio TRENTON, NJ 2,8712.9k $63.7k $63.7k 0.00% Unchanged
82 Ancora Advisors LLC 0.00% of their portfolio Cleveland, OH 2,4982.5k $55.5k $55.5k 0.00% Unchanged
83 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 1,8731.9k $41.6k $41.6k 0.00% Reduced -725 -725
84 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 1,5761.6k $35.0k $35.0k 0.00% Added +550 +550
85 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 1,1061.1k $25.0k $25.0k 0.00% Added +306 +306
86 Ameritas Investment Partners, Inc. 0.00% of their portfolio LINCOLN, NE 1,0921.1k $24.2k $24.2k 0.00% Unchanged
87 Legal & General Group Plc 0.00% of their portfolio London, X0 1,0881.1k $24.2k $24.2k 0.00% Unchanged
88 Arax Advisory Partners 0.00% of their portfolio NEW YORK, NY 901901 $20.0k $20.0k 0.00% Added +895 +895
89 Truvestments Capital LLC 0.00% of their portfolio SARASOTA, FL 786786 $17.4k $17.4k 0.00% Reduced -58 -58
90 GAMMA Investing LLC 0.00% of their portfolio FOSTER CITY, CA 747747 $16.6k $16.6k 0.00% Reduced -343 -343
91 WealthCollab, LLC 0.00% of their portfolio BELLEVUE, WA 576576 $12.8k $12.8k 0.00% Unchanged
92 SIMPLEX TRADING, LLC 0.00% of their portfolio CHICAGO, IL 529529 $11.7k $11.7k 0.00% Added +484 +484
93 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 449449 $10.0k $10.0k 0.00% Unchanged
94 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 437437 $9.7k $9.7k 0.00% Reduced -1.7k -1,721
95 ROTHSCHILD INVESTMENT LLC 0.00% of their portfolio CHICAGO, IL 397397 $8.8k $8.8k 0.00% Reduced -13 -13
96 HUNTINGTON NATIONAL BANK 0.00% of their portfolio COLUMBUS, OH 264264 $5.9k $5.9k 0.00% Unchanged
97 Sterling Capital Management LLC 0.00% of their portfolio CHARLOTTE, NC 239239 $5.3k $5.3k 0.00% Reduced -156 -156
98 EverSource Wealth Advisors, LLC 0.00% of their portfolio BIRMINGHAM, AL 213213 $4.7k $4.7k 0.00% Added +63 +63
99 Redwood Park Advisors LLC 0.00% of their portfolio Redwood City, CA 202202 $4.5k $4.5k 0.00% Unchanged
100 Farther Finance Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 168168 $3.7k $3.7k 0.00% Added +132 +132