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 ($2.1m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $18.26. Options: 11 managers hold calls ($8.8m notional), 6 hold puts ($4.0m).
Trends to Q1 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 163 |
| Q4 2022 | 165 |
| Q1 2023 | 165 |
| Q2 2023 | 146 |
| Q3 2023 | 160 |
| Q4 2023 | 145 |
| Q1 2024 | 149 |
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 |
| Q3 2023 | 68 | 60 |
| Q4 2023 | 55 | 87 |
| Q1 2024 | 81 | 69 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2023 | $2.1m | $1.6m | 0.76 |
| Q3 2023 | $3.0m | $1.4m | 0.46 |
| Q4 2023 | $3.3m | $2.5m | 0.77 |
| Q1 2024 | $8.8m | $4.0m | 0.46 |
Biggest buyers
| MORGAN STANLEY | Added | +450.8k |
| Dana Investment Advisors, Inc. | New | +442.5k |
| Nuveen Asset Management, LLC | Added | +294.1k |
| D. E. Shaw & Co., Inc. | Added | +213.4k |
| Cubist Systematic Strategies, LLC | Added | +178.1k |
| BARCLAYS PLC | Added | +133.9k |
| FULLER & THALER ASSET MANAGEMENT, INC. | New | +132.7k |
| Walleye Capital LLC | Added | +123.0k |
| TWO SIGMA INVESTMENTS, LP | Added | +122.7k |
| DIMENSIONAL FUND ADVISORS LP | Added | +97.0k |
Biggest sellers
| Point72 Asset Management, L.P. | Reduced | -601.3k |
| CITADEL ADVISORS LLC | Reduced | -432.8k |
| G2 Investment Partners Management LLC | Sold out | -281.9k |
| Portolan Capital Management, LLC | Sold out | -192.1k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Sold out | -110.7k |
| Palogic Value Management, L.P. | Reduced | -90.0k |
| Allianz Asset Management GmbH | Sold out | -87.4k |
| AMERIPRISE FINANCIAL INC | Reduced | -76.8k |
| BOOTHBAY FUND MANAGEMENT, LLC | Sold out | -74.4k |
| ExodusPoint Capital Management, LP | Sold out | -52.9k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $3.7m200.8k shares |
| SIMPLEX TRADING, LLC | Added | $1.6m85.5k shares |
| CITADEL ADVISORS LLC | Added | $856.4k46.9k shares |
| Caption Management, LLC | Added | $821.7k45.0k shares |
| Walleye Capital LLC | Added | $766.9k42.0k shares |
| LAKEWOOD CAPITAL MANAGEMENT, LP | Reduced | $730.4k40.0k shares |
| JANE STREET GROUP, LLC | New | $336.0k18.4k shares |
| GROUP ONE TRADING LLC | Reduced | $31.0k1.7k shares |
| COWEN AND COMPANY, LLC | New | $21.8k15.0k shares |
| PEAK6 Investments LLC | New | $5.5k300 shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $2.3m128.3k shares |
| CITADEL ADVISORS LLC | Added | $812.6k44.5k shares |
| SIMPLEX TRADING, LLC | Added | $425.0k23.3k shares |
| JANE STREET GROUP, LLC | New | $319.6k17.5k shares |
| GROUP ONE TRADING LLC | Added | $120.5k6.6k 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 Q1 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 |
|---|---|---|---|---|---|
| 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 | — |
| Q3 2023 | 0 | — | 1 | $16.8k | $16.8k |
| Q4 2023 | 0 | — | 7 | $283.1k | $283.1k |
| Q1 2024 | 0 | — | 7 | $1.6m | $1.4m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-03-22 | Bartolo Anthony Chief Operating Officer | Sold plan | $146.2k7.8k shares |
| 2024-03-22 | Krupka Devin M Controller, PAO | Sold plan | $10.2k546 shares |
| 2024-03-07 | Bottorff Rebecca Chief People Officer, director | Sold | $166.8k8.4k shares |
| 2024-03-05 | Bottorff Rebecca Chief People Officer, director | Sold plan | $115.2k6.2k shares |
| 2024-03-04 | Morken David A. Chairman & CEO, director | Sold plan | $131.3k6.8k shares |
| 2024-03-04 | Bottorff Rebecca Chief People Officer, director | Sold plan | $125.1k6.5k shares |
| 2024-03-04 | Bartolo Anthony Chief Operating Officer | Sold plan | $82.0k4.2k shares |
| 2024-03-04 | Raiford Daryl Chief Financial Officer | Sold plan | $78.2k4.0k shares |
| 2024-03-04 | Ross Kade Chief Information Officer | Sold plan | $65.5k3.4k shares |
| 2024-03-04 | Asbill Richard Brandon General Counsel | Sold plan | $51.5k2.7k shares |
| 2024-03-04 | Krupka Devin M Controller, PAO | Sold plan | $33.8k1.7k shares |
| 2024-03-01 | Raiford Daryl Chief Financial Officer | Sold plan | $235.2k11.5k shares |
| 2024-03-01 | Krupka Devin M Controller, PAO | Sold plan | $50.0k2.5k shares |
| 2024-02-29 | Morken David A. Chairman & CEO, director | Sold plan | $23.2k1.2k shares |
| 2024-02-29 | Bartolo Anthony Chief Operating Officer | Sold plan | $19.6k990 shares |
| 2024-02-29 | Raiford Daryl Chief Financial Officer | Sold plan | $16.2k820 shares |
| 2024-02-29 | Asbill Richard Brandon General Counsel | Sold plan | $14.8k751 shares |
| 2024-02-29 | Bottorff Rebecca Chief People Officer, director | Sold plan | $14.7k742 shares |
| 2024-02-29 | Ross Kade Chief Information Officer | Sold plan | $12.1k611 shares |
| 2024-02-29 | Krupka Devin M Controller, PAO | Sold plan | $8.9k450 shares |
| 2024-01-19 | Asbill Richard Brandon General Counsel | Sold plan | $6.6k503 shares |
| 2024-01-04 | Morken David A. Chairman & CEO, director | Sold plan | $34.9k2.6k shares |
| 2024-01-04 | Raiford Daryl Chief Financial Officer | Sold plan | $18.2k1.3k shares |
| 2024-01-04 | Asbill Richard Brandon General Counsel | Sold plan | $11.5k854 shares |
| 2024-01-04 | Bottorff Rebecca Chief People Officer, director | Sold plan | $7.5k550 shares |
| 2024-01-04 | Ross Kade Chief Information Officer | Sold plan | $6.1k455 shares |
| 2024-01-04 | Krupka Devin M Controller, PAO | Sold plan | $1.7k126 shares |
| 2024-01-03 | Morken David A. Chairman & CEO, director | Sold plan | $51.7k3.8k shares |
| 2024-01-03 | Bottorff Rebecca Chief People Officer, director | Sold plan | $8.3k611 shares |
| 2024-01-03 | Ross Kade Chief Information Officer | Sold plan | $7.1k521 shares |
The latest 30 of 31 trades.
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, Q1 2024
| Manager | Shares | Change |
|---|---|---|
| BlackRock Inc. 0.00% of their portfolio | 2.8m $50.6m | Added +18.8k |
| MORGAN STANLEY 0.00% of their portfolio | 1.7m $30.7m | Added +450.8k |
| VANGUARD GROUP INC 0.00% of their portfolio | 1.5m $28.0m | Added +16.2k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 980.8k $17.9m | Added +97.0k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 714.5k $13.0m | Added +294.1k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 584.1k $10.7m | Reduced -52.3k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.05% of their portfolio | 576.6k $10.5m | Reduced -24.8k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 563.7k $10.3m | Reduced -76.8k |
| RENAISSANCE TECHNOLOGIES LLC 0.02% of their portfolio | 552.7k $10.1m | Added +42.2k |
| STATE STREET CORP 0.00% of their portfolio | 522.5k $9.5m | Added +28.8k |
| D. E. Shaw & Co., Inc. 0.01% of their portfolio | 515.7k $9.4m | Added +213.4k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 510.1k $9.3m | Added +7.7k |
| Dana Investment Advisors, Inc. 0.27% of their portfolio | 442.5k $8.1m | New |
| LAKEWOOD CAPITAL MANAGEMENT, LP 0.57% of their portfolio | 355.7k $6.5m | Added +91.2k |
| ACADIAN ASSET MANAGEMENT LLC 0.02% of their portfolio | 341.3k $6.2m | Added +46.3k |
| TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio | 295.7k $5.4m | Added +122.7k |
| Keel Point, LLC 0.55% of their portfolio | 293.2k $5.4m | Unchanged |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 288.5k $5.3m | Added +61.0k |
| TWO SIGMA ADVISERS, LP 0.01% of their portfolio | 247.1k $4.5m | Added +15.9k |
| BARCLAYS PLC 0.00% of their portfolio | 222.9k $4.1m | Added +133.9k |
| Parcion Private Wealth LLC 0.35% of their portfolio | 220.4k $4.0m | Added +3.9k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 216.8k $4.0m | Reduced -5.4k |
| HERALD INVESTMENT MANAGEMENT Ltd 0.62% of their portfolio | 210.0k $3.8m | Added +30.0k |
| Palogic Value Management, L.P. 1.66% of their portfolio | 210.0k $3.8m | Reduced -90.0k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 202.6k $3.7m | Added +60.4k |
| Cubist Systematic Strategies, LLC 0.04% of their portfolio | 199.3k $3.6m | Added +178.1k |
| Connor, Clark & Lunn Investment Management Ltd. 0.01% of their portfolio | 184.6k $3.4m | Added +80.5k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 182.4k $3.3m | Reduced -3.1k |
| FMR LLC 0.00% of their portfolio | 180.4k $3.3m | Added +312 |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 170.8k $3.1m | Added +3.6k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 158.2k $2.9m | Reduced -432.8k |
| Walleye Capital LLC 0.03% of their portfolio | 154.4k $2.8m | Added +123.0k |
| FULLER & THALER ASSET MANAGEMENT, INC. 0.01% of their portfolio | 132.7k $2.4m | New |
| Invesco Ltd. 0.00% of their portfolio | 123.9k $2.3m | Added +88.9k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 123.5k $2.3m | Reduced -41.3k |
| Assenagon Asset Management S.A. 0.01% of their portfolio | 119.8k $2.2m | Unchanged |
| Point72 Asset Management, L.P. 0.01% of their portfolio | 117.0k $2.1m | Reduced -601.3k |
| Qube Research & Technologies Ltd 0.00% of their portfolio | 113.6k $2.1m | Added +75.6k |
| HUSSMAN STRATEGIC ADVISORS, INC. 0.45% of their portfolio | 105.0k $1.9m | Reduced -42.0k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio | 101.9k $1.9m | Reduced -35.5k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 97.3k $1.8m | Added +66.2k |
| PANAGORA ASSET MANAGEMENT INC 0.01% of their portfolio | 93.0k $1.7m | Added +60.5k |
| TUDOR INVESTMENT CORP ET AL 0.02% of their portfolio | 92.0k $1.7m | New |
| Trexquant Investment LP 0.03% of their portfolio | 77.8k $1.4m | New |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 76.3k $1.4m | Added +23.8k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 64.0k $1.2m | Reduced -14.3k |
| MARSHALL WACE, LLP 0.00% of their portfolio | 63.8k $1.2m | New |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.05% of their portfolio | 62.6k $1.1m | New |
| GROUP ONE TRADING LLC 0.04% of their portfolio | 57.4k $1.0m | New |
| Informed Momentum Co LLC 0.16% of their portfolio | 56.6k $1.0m | New |
| MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio | 49.0k $895.0k | New |
| Integrated Advisors Network LLC 0.05% of their portfolio | 48.8k $891.2k | Unchanged |
| Janney Montgomery Scott LLC 0.00% of their portfolio | 48.1k $878.0k | Reduced -25.2k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 43.2k $789.4k | New |
| Thrivent Financial for Lutherans 0.00% of their portfolio | 40.3k $735.0k | New |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.00% of their portfolio | 37.3k $681.1k | Reduced -1.6k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 35.9k $656.0k | Added +1.3k |
| Engineers Gate Manager LP 0.02% of their portfolio | 34.3k $626.5k | Added +24.1k |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 32.6k $594.5k | Reduced -39.0k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio | 31.4k $573.4k | Added +5.5k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 30.9k $565.0k | Reduced -12.4k |
| LPL Financial LLC 0.00% of their portfolio | 30.6k $559.4k | Added +9.6k |
| Man Group plc 0.00% of their portfolio | 29.7k $541.7k | Reduced -33.9k |
| MBL Wealth, LLC 0.06% of their portfolio | 29.1k $531.6k | Reduced -278 |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 28.7k $524.5k | Reduced -1.7k |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 28.6k $522.2k | Reduced -190 |
| UBS Group AG 0.00% of their portfolio | 26.9k $490.5k | Reduced -22.1k |
| Vident Advisory, LLC 0.01% of their portfolio | 26.3k $480.4k | Reduced -13.6k |
| Campbell & CO Investment Adviser LLC 0.04% of their portfolio | 25.4k $463.9k | Reduced -47.5k |
| ALGERT GLOBAL LLC 0.02% of their portfolio | 24.2k $441.9k | Reduced -4.1k |
| Jump Financial, LLC 0.01% of their portfolio | 23.4k $426.9k | New |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 22.7k $413.8k | New |
| CITIGROUP INC 0.00% of their portfolio | 22.2k $405.7k | Added +4.4k |
| BAILLIE GIFFORD & CO 0.00% of their portfolio | 21.6k $394.8k | Reduced -8.1k |
| Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio | 21.1k $308.1k | Added +10.6k |
| Allspring Global Investments Holdings, LLC 0.00% of their portfolio | 20.8k $380.2k | Reduced -4.5k |
| GSA CAPITAL PARTNERS LLP 0.03% of their portfolio | 20.7k $377.0k | Reduced -14.6k |
| Nebula Research & Development LLC 0.08% of their portfolio | 20.6k $376.5k | Added +2.1k |
| Centiva Capital, LP 0.02% of their portfolio | 20.3k $371.3k | New |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 19.9k $363.7k | New |
| SHERBROOKE PARK ADVISERS LLC 0.07% of their portfolio | 18.3k $334.9k | New |
| PEAK6 Investments LLC 0.01% of their portfolio | 16.5k $302.2k | New |
| SG Americas Securities, LLC 0.00% of their portfolio | 15.7k $287.0k | Reduced -728 |
| Mariner, LLC 0.00% of their portfolio | 15.7k $286.4k | Added +3.3k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 14.7k $269.0k | Added +1.3k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 13.7k $250.0k | Added +6.3k |
| PRELUDE CAPITAL MANAGEMENT, LLC 0.02% of their portfolio | 13.6k $247.9k | Reduced -17.2k |
| BAILARD, INC. 0.01% of their portfolio | 13.4k $244.7k | New |
| Versor Investments LP 0.05% of their portfolio | 13.3k $242.9k | New |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 13.1k $239.6k | Added +4.0k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 12.9k $235.6k | Unchanged |
| Quadrature Capital Ltd 0.00% of their portfolio | 12.9k $235.1k | New |
| MetLife Investment Management, LLC 0.00% of their portfolio | 12.9k $234.7k | Unchanged |
| Journey Advisory Group, LLC 0.03% of their portfolio | 12.7k $232.1k | Unchanged |
| Resurgent Financial Advisors LLC 0.12% of their portfolio | 11.8k $216.2k | Added +520 |
| AMERICAN INTERNATIONAL GROUP, INC. 0.00% of their portfolio | 11.6k $210.9k | Reduced -100 |
| Corton Capital Inc. 0.08% of their portfolio | 11.2k $204.3k | Reduced -437 |
| Dynamic Technology Lab Private Ltd 0.02% of their portfolio | 10.7k $195.0k | New |
| Cordgrass Capital Advisors, LLC 0.06% of their portfolio | 10.5k $191.7k | Reduced -5.0k |
| Bayesian Capital Management, LP 0.02% of their portfolio | 10.3k $187.3k | New |