BANDWIDTH INC BAND
COM CL A · Common Stock · CUSIP 05988J103 · ISIN US05988J1034
American communications provider
- SectorTechnology
- IndustryServices-Prepackaged Software
- HeadquartersRaleigh, NC
- Founded1999
- Websitebandwidth.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 ($136 this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $13.69. Options: 7 managers hold calls ($2.1m notional), 7 hold puts ($1.6m).
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 163 |
| Q4 2022 | 165 |
| Q1 2023 | 165 |
| Q2 2023 | 146 |
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 | 80 | 67 |
| Q1 2023 | 83 | 72 |
| Q2 2023 | 63 | 74 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $2.0m | $2.2m | 1.09 |
| Q4 2022 | $6.0m | $1.5m | 0.25 |
| Q1 2023 | $3.2m | $4.1m | 1.29 |
| Q2 2023 | $2.1m | $1.6m | 0.76 |
Biggest buyers
| Smith, Graham & Co., Investment Advisors, LP | New | +492.2k |
| AMERIPRISE FINANCIAL INC | Added | +325.1k |
| Keel Point, LLC | New | +293.2k |
| Nuveen Asset Management, LLC | Added | +164.2k |
| STATE STREET CORP | Added | +150.9k |
| ACADIAN ASSET MANAGEMENT LLC | Added | +96.1k |
| GOLDMAN SACHS GROUP INC | Added | +89.2k |
| Palogic Value Management, L.P. | Added | +85.0k |
| AQR CAPITAL MANAGEMENT LLC | Added | +72.7k |
| Janney Montgomery Scott LLC | New | +62.8k |
Biggest sellers
| VANGUARD GROUP INC | Reduced | -395.2k |
| MORGAN STANLEY | Reduced | -287.0k |
| FMR LLC | Reduced | -246.2k |
| WASATCH ADVISORS LP | Sold out | -195.6k |
| Assenagon Asset Management S.A. | Reduced | -156.5k |
| TWO SIGMA INVESTMENTS, LP | Reduced | -143.8k |
| D. E. Shaw & Co., Inc. | Reduced | -127.9k |
| MILLENNIUM MANAGEMENT LLC | Sold out | -121.2k |
| Trexquant Investment LP | Sold out | -120.3k |
| MARSHALL WACE, LLP | Sold out | -114.7k |
Biggest calls
| CITADEL ADVISORS LLC | Reduced | $904.2k66.1k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $474.7k34.7k shares |
| Walleye Capital LLC | Added | $403.6k29.5k shares |
| SIMPLEX TRADING, LLC | Added | $213.0k15.6k shares |
| GROUP ONE TRADING LLC | Reduced | $119.0k8.7k shares |
| PEAK6 Investments LLC | New | $16.4k1.2k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $667.6k48.8k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $597.8k43.7k shares |
| SIMPLEX TRADING, LLC | Reduced | $184.0k13.5k shares |
| GROUP ONE TRADING LLC | Reduced | $121.8k8.9k shares |
| Walleye Capital LLC | Added | $38.3k2.8k shares |
| PEAK6 Investments LLC | Reduced | $4.1k300 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 |
|---|---|
| Hood River Capital Management LLC 13G · institution new · filed 2026-08-14 | 7.6% |
| BlackRock, Inc. 13G · institution filed 2025-04-23 | 7.1% |
Fell to 5% or below in the last year: DIMENSIONAL FUND ADVISORS LP (3.1%, 2026-07-14), VANGUARD GROUP INC (0.0%, 2026-03-26)
Insider purchases and sales in Q2 2023
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 |
|---|---|---|---|---|---|
| Q3 2021 | 0 | — | 0 | — | — |
| Q4 2021 | 0 | — | 7 | $151.1k | — |
| Q1 2022 | 3 | $666.6k | 4 | $4.6k | — |
| Q2 2022 | 1 | $347.6k | 3 | $14.6k | — |
| Q3 2022 | 1 | $162.5k | 4 | $67.0k | — |
| Q4 2022 | 0 | — | 3 | $11.0k | — |
| Q1 2023 | 1 | $147.1k | 3 | $54.8k | — |
| Q2 2023 | 0 | — | 2 | $4.0k | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2023-06-05 | Bottorff Rebecca Chief People Officer, director | Sold | $3.2k268 shares |
| 2023-05-15 | Ross Kade Chief Information Officer | Sold | $78570 shares |
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 2023
| Manager | Shares | Change |
|---|---|---|
| BlackRock Inc. 0.00% of their portfolio | 2.8m $38.9m | Reduced -111.9k |
| VANGUARD GROUP INC 0.00% of their portfolio | 1.4m $19.7m | Reduced -395.2k |
| STATE STREET CORP 0.00% of their portfolio | 803.8k $11.0m | Added +150.9k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 695.2k $9.5m | Reduced -28.0k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 655.6k $9.0m | Added +20.6k |
| MORGAN STANLEY 0.00% of their portfolio | 649.6k $8.9m | Reduced -287.0k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.05% of their portfolio | 639.7k $8.8m | Added +34.1k |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 582.3k $8.0m | Added +19.7k |
| D. E. Shaw & Co., Inc. 0.01% of their portfolio | 580.6k $7.9m | Reduced -127.9k |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 558.6k $7.6m | Added +27.6k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 548.2k $7.5m | Added +164.2k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 503.1k $6.9m | Added +325.1k |
| Smith, Graham & Co., Investment Advisors, LP 0.81% of their portfolio | 492.2k $6.7m | New |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 456.6k $6.2m | Added +16.9k |
| ACADIAN ASSET MANAGEMENT LLC 0.02% of their portfolio | 413.9k $5.7m | Added +96.1k |
| Allspring Global Investments Holdings, LLC 0.01% of their portfolio | 367.8k $5.0m | Reduced -66.3k |
| TWO SIGMA ADVISERS, LP 0.01% of their portfolio | 351.8k $4.8m | Reduced -70.9k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 334.8k $4.6m | Added +89.2k |
| Keel Point, LLC 0.54% of their portfolio | 293.2k $4.0m | New |
| Palogic Value Management, L.P. 1.83% of their portfolio | 285.0k $3.9m | Added +85.0k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 242.1k $3.3m | Added +23.4k |
| TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio | 237.0k $3.2m | Reduced -143.8k |
| FMR LLC 0.00% of their portfolio | 223.8k $3.1m | Reduced -246.2k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.01% of their portfolio | 219.6k $3.0m | Reduced -95.4k |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 212.3k $3.0m | Added +31.1k |
| Parcion Private Wealth LLC 0.29% of their portfolio | 207.8k $2.8m | Unchanged |
| HERALD INVESTMENT MANAGEMENT Ltd 0.48% of their portfolio | 180.0k $2.5m | Unchanged |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 171.9k $2.4m | Added +72.7k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 157.6k $2.2m | Added +4.3k |
| Assenagon Asset Management S.A. 0.01% of their portfolio | 119.8k $1.6m | Reduced -156.5k |
| ALGERT GLOBAL LLC 0.07% of their portfolio | 113.7k $1.6m | Added +17.5k |
| Connor, Clark & Lunn Investment Management Ltd. 0.01% of their portfolio | 108.3k $1.5m | Added +6.6k |
| Allianz Asset Management GmbH 0.00% of their portfolio | 91.7k $1.3m | Added +12.7k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 81.5k $1.1m | Added +62.5k |
| Qube Research & Technologies Ltd 0.00% of their portfolio | 71.7k $980.4k | Added +15.3k |
| CORNERCAP INVESTMENT COUNSEL INC 0.16% of their portfolio | 66.0k $902.7k | Added +876 |
| Janney Montgomery Scott LLC 0.00% of their portfolio | 62.8k $859.0k | New |
| JUPITER ASSET MANAGEMENT LTD 0.01% of their portfolio | 61.5k $840.9k | Unchanged |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 60.8k $831.9k | Added +25.2k |
| BARCLAYS PLC 0.00% of their portfolio | 58.1k $795.1k | Reduced -51.3k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio | 55.6k $760.0k | New |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 52.4k $717.0k | Reduced -95.7k |
| Swiss National Bank 0.00% of their portfolio | 50.4k $689.5k | Unchanged |
| Integrated Advisors Network LLC 0.04% of their portfolio | 48.8k $667.7k | Unchanged |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 46.7k $638.6k | Added +4.5k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 46.6k $637.7k | Reduced -10.7k |
| Jackson Creek Investment Advisors LLC 0.24% of their portfolio | 43.3k $593.0k | Added +3.2k |
| Vident Investment Advisory, LLC 0.02% of their portfolio | 43.2k $590.7k | Added +17.5k |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 40.5k $554.0k | Reduced -15.8k |
| Invesco Ltd. 0.00% of their portfolio | 39.0k $533.1k | Added +594 |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.00% of their portfolio | 38.9k $532.0k | Unchanged |
| ClariVest Asset Management LLC 0.03% of their portfolio | 38.3k $523.0k | Added +12.7k |
| TEACHER RETIREMENT SYSTEM OF TEXAS 0.00% of their portfolio | 36.8k $503.0k | Reduced -2.8k |
| DARK FOREST CAPITAL MANAGEMENT LP 0.05% of their portfolio | 32.8k $448.3k | Added +16.3k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 30.6k $464.6k | Unchanged |
| BLAIR WILLIAM & CO/IL 0.00% of their portfolio | 30.2k $413.3k | Reduced -15.6k |
| BAILLIE GIFFORD & CO 0.00% of their portfolio | 30.0k $410.4k | Added +17.7k |
| UBS Group AG 0.00% of their portfolio | 29.9k $409.5k | Added +11.8k |
| MBL Wealth, LLC 0.06% of their portfolio | 29.4k $402.1k | Unchanged |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 29.3k $400.3k | Reduced -4.4k |
| CREDIT SUISSE AG/ 0.00% of their portfolio | 29.0k $396.8k | Reduced -1.5k |
| PEAK6 Investments LLC 0.03% of their portfolio | 29.0k $396.7k | New |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 28.5k $389.6k | Reduced -667 |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 27.0k $369.3k | Reduced -2.5k |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.01% of their portfolio | 26.3k $360.0k | Reduced -21.7k |
| CITIGROUP INC 0.00% of their portfolio | 23.0k $314.5k | Reduced -13.8k |
| Allen Investment Management, LLC 0.00% of their portfolio | 22.5k $307.8k | Unchanged |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 20.5k $280.6k | New |
| TOWNSQUARE CAPITAL LLC 0.00% of their portfolio | 19.7k $269.2k | Reduced -1.2k |
| Point72 Middle East FZE 0.01% of their portfolio | 17.8k $243.1k | Added +13.3k |
| Legal & General Group Plc 0.00% of their portfolio | 17.6k $241.4k | Added +8.4k |
| XTX Topco Ltd 0.04% of their portfolio | 17.4k $237.4k | Reduced -5.9k |
| Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio | 17.3k $236.6k | Reduced -3.8k |
| LPL Financial LLC 0.00% of their portfolio | 15.9k $216.8k | Added +4.6k |
| Olympiad Research LP 0.21% of their portfolio | 15.7k $215.4k | New |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 15.4k $210.8k | Reduced -102.2k |
| PRELUDE CAPITAL MANAGEMENT, LLC 0.02% of their portfolio | 15.3k $209.5k | New |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 14.7k $201.8k | Reduced -56.3k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 14.5k $198.7k | Added +4.4k |
| Walleye Capital LLC 0.00% of their portfolio | 14.4k $197.2k | Added +9.5k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.00% of their portfolio | 13.7k $187.1k | New |
| MetLife Investment Management, LLC 0.00% of their portfolio | 12.9k $175.8k | Unchanged |
| Journey Advisory Group, LLC 0.03% of their portfolio | 12.7k $173.9k | Unchanged |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 12.1k $165.0k | Reduced -2.9k |
| VIRGINIA RETIREMENT SYSTEMS ET Al 0.00% of their portfolio | 11.7k $160.1k | Added +200 |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 11.6k $159.3k | Reduced -5.5k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 11.6k $159.2k | New |
| HARBOUR INVESTMENTS, INC. 0.01% of their portfolio | 11.5k $157.6k | Unchanged |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 11.5k $156.9k | Added +4.9k |
| AMERICAN INTERNATIONAL GROUP, INC. 0.00% of their portfolio | 11.3k $154.4k | Added +91 |
| Creative Planning 0.00% of their portfolio | 10.1k $137.8k | New |
| Resurgent Financial Advisors LLC 0.08% of their portfolio | 9.3k $127.5k | Added +270 |
| Headlands Technologies LLC 0.03% of their portfolio | 7.7k $105.0k | New |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 7.5k $103.0k | Added +947 |
| Cubist Systematic Strategies, LLC 0.00% of their portfolio | 7.0k $95.6k | Reduced -111.8k |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 6.1k $84.1k | Reduced -12.0k |
| LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio | 5.8k $79.0k | Added +2.3k |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio | 4.3k $58.2k | Unchanged |
| HARBOR CAPITAL ADVISORS, INC. 0.01% of their portfolio | 4.2k $57.4k | New |
| PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO 0.00% of their portfolio | 2.7k $37.0k | Unchanged |