DZS INC DZSIQ
COM · Common Stock · CUSIP 268211109
72
institutional holders
-9 vs Q1 2023
11.6m
shares reported held*
$46.2mreported value*
14 new
26 added
24 reduced
22 sold out
net sold ≈ $5.4m (-1.4m 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 ($178.5k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $3.97. Options: 3 managers hold calls ($138.9k notional), 4 hold puts ($44.7k).
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 66 |
| Q4 2022 | 83 |
| Q1 2023 | 81 |
| Q2 2023 | 72 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Bought or addedCut or sold out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 50 | 23 |
| Q1 2023 | 53 | 31 |
| Q2 2023 | 40 | 46 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
CallsPuts
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $4.0k | $0 | 0.00 |
| Q4 2022 | $166.1k | $1.3k | 0.01 |
| Q1 2023 | $161.4k | $15.8k | 0.10 |
| Q2 2023 | $138.9k | $44.7k | 0.32 |
Biggest buyers
| Penserra Capital Management LLC | Added | +552.9k |
| Kent Lake Capital LLC | New | +382.2k |
| ROYCE & ASSOCIATES LP | Added | +349.8k |
| Select Equity Group, L.P. | Added | +236.8k |
| BlackRock Inc. | Added | +158.6k |
| First Washington CORP | Added | +130.0k |
| Kovack Advisors, Inc. | Added | +72.4k |
| GSA CAPITAL PARTNERS LLP | New | +69.6k |
| MORGAN STANLEY | Added | +68.0k |
| STATE STREET CORP | Added | +66.7k |
Biggest sellers
| AWM Investment Company, Inc. | Reduced | -972.4k |
| AIGH Capital Management LLC | Sold out | -471.4k |
| KENNEDY CAPITAL MANAGEMENT LLC | Reduced | -302.3k |
| First Eagle Investment Management, LLC | Sold out | -277.6k |
| CITADEL ADVISORS LLC | Reduced | -234.9k |
| ESSEX INVESTMENT MANAGEMENT CO LLC | Sold out | -181.3k |
| MILLENNIUM MANAGEMENT LLC | Sold out | -166.7k |
| DIMENSIONAL FUND ADVISORS LP | Reduced | -138.7k |
| Belpointe Asset Management LLC | Reduced | -138.0k |
| BOOTHBAY FUND MANAGEMENT, LLC | Reduced | -133.4k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | New | $135.0k34.0k shares |
| CITADEL ADVISORS LLC | Reduced | $4.0k1.0k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| WOLVERINE TRADING, LLC | New | $39.3k10.0k shares |
| CITADEL ADVISORS LLC | Reduced | $4.4k1.1k shares |
| SIMPLEX TRADING, LLC | New | $1.0k500 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.
Holders, Q2 2023
| Manager | Shares | Change |
|---|---|---|
| ROYCE & ASSOCIATES LP 0.07% of their portfolio | 1.8m $7.0m | Added +349.8k |
| Divisar Capital Management LLC 1.24% of their portfolio | 1.5m $5.9m | Added +44.0k |
| BlackRock Inc. 0.00% of their portfolio | 1.4m $5.5m | Added +158.6k |
| VANGUARD GROUP INC 0.00% of their portfolio | 993.8k $3.9m | Reduced -19.2k |
| Penserra Capital Management LLC 0.07% of their portfolio | 853.9k $3.4m | Added +552.9k |
| First Washington CORP 1.12% of their portfolio | 643.1k $2.6m | Added +130.0k |
| KING LUTHER CAPITAL MANAGEMENT CORP 0.01% of their portfolio | 600.0k $2.4m | Reduced -45.0k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 451.8k $1.8m | Added +66.5k |
| Kent Lake Capital LLC 0.70% of their portfolio | 382.2k $1.5m | New |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 380.6k $1.5m | Reduced -138.7k |
| STATE STREET CORP 0.00% of their portfolio | 375.5k $1.5m | Added +66.7k |
| Select Equity Group, L.P. 0.00% of their portfolio | 250.8k $995.5k | Added +236.8k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 165.5k $657.0k | Added +3.2k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.00% of their portfolio | 163.7k $649.7k | Reduced -31.3k |
| MORGAN STANLEY 0.00% of their portfolio | 163.4k $648.6k | Added +68.0k |
| Polar Asset Management Partners Inc. 0.01% of their portfolio | 160.3k $636.2k | Reduced -39.7k |
| KENNEDY CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 150.4k $597.0k | Reduced -302.3k |
| AWM Investment Company, Inc. 0.07% of their portfolio | 130.2k $516.7k | Reduced -972.4k |
| Kovack Advisors, Inc. 0.05% of their portfolio | 95.8k $380.3k | Added +72.4k |
| One Capital Management, LLC 0.01% of their portfolio | 81.6k $324.1k | Added +31.6k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 76.4k $303.1k | Reduced -24.9k |
| GSA CAPITAL PARTNERS LLP 0.03% of their portfolio | 69.6k $276.0k | New |
| Bank of New York Mellon Corp 0.00% of their portfolio | 68.4k $271.6k | Added +5.6k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 56.7k $225.2k | Added +4.2k |
| Walleye Capital LLC 0.00% of their portfolio | 56.7k $225.0k | New |
| Squarepoint Ops LLC 0.00% of their portfolio | 53.9k $214.1k | Reduced -7.6k |
| TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio | 53.3k $211.4k | New |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 50.2k $199.3k | Added +12.6k |
| Dorsey & Whitney Trust CO LLC 0.01% of their portfolio | 45.0k $178.5k | Added +9.3k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 37.8k $150.2k | Added +11.8k |
| STRS OHIO 0.00% of their portfolio | 34.3k $136.0k | Reduced -60.5k |
| BOOTHBAY FUND MANAGEMENT, LLC 0.00% of their portfolio | 33.8k $134.3k | Reduced -133.4k |
| Graham Capital Management, L.P. 0.00% of their portfolio | 32.2k $127.9k | Added +3.4k |
| PARADIGM CAPITAL MANAGEMENT INC/NY 0.01% of their portfolio | 31.2k $123.9k | New |
| CITIGROUP INC 0.00% of their portfolio | 28.1k $111.6k | Added +21.1k |
| Petrus Trust Company, LTA 0.01% of their portfolio | 26.2k $104.0k | New |
| B. Riley Wealth Advisors, Inc. 0.00% of their portfolio | 17.5k $69.4k | Unchanged |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 17.4k $69.0k | Added +1.9k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 16.5k $65.7k | Added +5.7k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 16.2k $64.4k | Reduced -234.9k |
| Belpointe Asset Management LLC 0.01% of their portfolio | 15.3k $60.7k | Reduced -138.0k |
| Verition Fund Management LLC 0.00% of their portfolio | 15.3k $60.7k | New |
| UBS Group AG 0.00% of their portfolio | 13.5k $53.7k | Added +4.2k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 13.2k $52.5k | Reduced -71.6k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 12.9k $51.1k | Reduced -4.8k |
| WOLVERINE TRADING, LLC 0.00% of their portfolio | 12.7k $49.7k | New |
| Merlin Capital, Inc 0.16% of their portfolio | 12.1k $48.2k | New |
| XTX Topco Ltd 0.01% of their portfolio | 11.1k $43.9k | Reduced -9.0k |
| AMERICAN INTERNATIONAL GROUP, INC. 0.00% of their portfolio | 10.5k $41.6k | Added +751 |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 10.0k $39.5k | Unchanged |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 8.3k $32.8k | Added +4.4k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 8.0k $31.9k | Reduced -5.0k |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 7.4k $29.4k | Reduced -6.2k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 7.2k $28.8k | Reduced -252 |
| Gladius Capital Management LP 0.01% of their portfolio | 6.7k $26.5k | New |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 5.4k $22.0k | Added +1.8k |
| BARCLAYS PLC 0.00% of their portfolio | 4.3k $17.1k | Reduced -5.9k |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 2.8k $11.1k | Reduced -700 |
| Parallel Advisors, LLC 0.00% of their portfolio | 2.2k $8.8k | Unchanged |
| SIMPLEX TRADING, LLC 0.00% of their portfolio | 2.1k $8.0k | New |
| AMALGAMATED BANK 0.00% of their portfolio | 1.9k $8.0k | Reduced -739 |
| Legal & General Group Plc 0.00% of their portfolio | 1.8k $7.1k | Reduced -412 |
| Geneos Wealth Management Inc. 0.00% of their portfolio | 1.1k $4.4k | Added +135 |
| Ameritas Investment Partners, Inc. 0.00% of their portfolio | 1.0k $4.0k | Unchanged |
| ORG Partners LLC 0.00% of their portfolio | 1.0k $4.0k | New |
| FMR LLC 0.00% of their portfolio | 356 $1.4k | Reduced -1.1k |
| US BANCORP \DE\ 0.00% of their portfolio | 200 $794 | Unchanged |
| CWM, LLC 0.00% of their portfolio | 121 $0 | New |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 87 $344 | Unchanged |
| WASHINGTON TRUST Co 0.00% of their portfolio | 56 $222 | Unchanged |
| TORONTO DOMINION BANK 0.00% of their portfolio | 46 $0 | New |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | Unchanged |