VIASAT INC VSAT
COM · Common Stock · CUSIP 92552V100 · ISIN US92552V1008
American communications company
- SectorCommunication
- IndustryCommunications Services, NEC
- HeadquartersCarlsbad, CA
- Founded1986
- Websiteviasat.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 ($19.0m this quarter). Holder counts are more reliable. Shares outstanding: 134.3m as of 2025-07-25, 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 ≈ $14.60. Options: 21 managers hold calls ($54.7m notional), 16 hold puts ($46.6m).
Trends to Q2 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 205 |
| Q4 2022 | 211 |
| Q1 2023 | 203 |
| Q2 2023 | 210 |
| Q3 2023 | 209 |
| Q4 2023 | 212 |
| Q1 2024 | 211 |
| Q2 2024 | 206 |
| Q3 2024 | 221 |
| Q4 2024 | 240 |
| Q1 2025 | 256 |
| Q2 2025 | 262 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2023 | 110 | 110 |
| Q4 2023 | 110 | 99 |
| Q1 2024 | 104 | 101 |
| Q2 2024 | 122 | 87 |
| Q3 2024 | 127 | 90 |
| Q4 2024 | 134 | 96 |
| Q1 2025 | 153 | 94 |
| Q2 2025 | 137 | 127 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2024 | $15.3m | $19.0m | 1.24 |
| Q4 2024 | $16.4m | $16.6m | 1.01 |
| Q1 2025 | $24.8m | $19.7m | 0.79 |
| Q2 2025 | $54.7m | $46.6m | 0.85 |
Biggest buyers
| ROYAL BANK OF CANADA | Added | +2.4m |
| OCO Capital Partners, L.P. | Added | +2.2m |
| BRIGHTLINE CAPITAL MANAGEMENT, LLC | New | +2.0m |
| Nuveen, LLC | Added | +1.9m |
| AMERICAN CENTURY COMPANIES INC | Added | +1.3m |
| Lodge Hill Capital, LLC | New | +1.3m |
| DIMENSIONAL FUND ADVISORS LP | Added | +1.2m |
| Point72 Asset Management, L.P. | Added | +1.1m |
| VANGUARD GROUP INC | Added | +1.0m |
| CITIGROUP INC | Added | +903.8k |
Biggest sellers
| WARBURG PINCUS LLC | Sold out | -8.4m |
| ONTARIO TEACHERS PENSION PLAN BOARD | Sold out | -4.8m |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | Reduced | -1.4m |
| BlackRock, Inc. | Reduced | -1.2m |
| BAUPOST GROUP LLC/MA | Reduced | -1.0m |
| Tenzing Global Management, LLC | Reduced | -850.0k |
| MORGAN STANLEY | Reduced | -757.6k |
| TUDOR INVESTMENT CORP ET AL | Reduced | -486.1k |
| STATE STREET CORP | Reduced | -484.6k |
| CARRONADE CAPITAL MANAGEMENT, LP | Sold out | -454.4k |
Biggest calls
| CARRONADE CAPITAL MANAGEMENT, LP | Unchanged | $9.5m650.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $7.8m531.2k shares |
| GROUP ONE TRADING LLC | Added | $4.4m304.6k shares |
| CITADEL ADVISORS LLC | Added | $4.2m290.2k shares |
| Walleye Trading LLC | Added | $3.0m207.2k shares |
| Jefferies Financial Group Inc. | New | $2.9m197.5k shares |
| BANK OF AMERICA CORP /DE/ | Reduced | $2.7m182.5k shares |
| Point72 Asset Management, L.P. | New | $2.6m180.0k shares |
| NOMURA HOLDINGS INC | New | $2.3m160.0k shares |
| IMC-Chicago, LLC | Added | $2.2m151.6k shares |
Biggest puts
| Yiheng Capital Management, L.P. | New | $21.7m1.5m shares |
| Crawford Fund Management, LLC | Added | $4.9m335.5k shares |
| SIMPLEX TRADING, LLC | Added | $4.0m277.3k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $3.3m225.7k shares |
| CITADEL ADVISORS LLC | Added | $2.3m159.6k shares |
| D. E. Shaw & Co., Inc. | Added | $2.2m148.0k shares |
| WOLVERINE ASSET MANAGEMENT LLC | Added | $1.5m101.7k shares |
| GROUP ONE TRADING LLC | Reduced | $1.4m92.8k shares |
| JANE STREET GROUP, LLC | Reduced | $1.3m87.9k shares |
| Walleye Capital LLC | Added | $1.1m77.2k 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 |
|---|---|
| BlackRock, Inc. 13G · institution filed 2025-10-17 | 14.0% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 7.2% |
| WP Triton Co-Invest, L.P. 13G · passive investor new · filed 2025-05-23 | 6.2% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 5.1% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC)
Insider purchases and sales in Q2 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 |
|---|---|---|---|---|---|
| Q3 2023 | 0 | — | 3 | $271.3k | $18.6k |
| Q4 2023 | 0 | — | 2 | $129.8k | $8.4k |
| Q1 2024 | 0 | — | 1 | $4.0k | $4.0k |
| Q2 2024 | 0 | — | 0 | — | — |
| Q3 2024 | 1 | $820.0k | 0 | — | — |
| Q4 2024 | 0 | — | 1 | $32.8k | — |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 0 | — | 0 | — | — |
None reported in Q2 2025.
Holders, Q2 2025
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.00% of their portfolio | 15.7m $228.8m | Added +1.0m |
| BlackRock, Inc. 0.00% of their portfolio | 14.7m $214.2m | Reduced -1.2m |
| BAUPOST GROUP LLC/MA 3.25% of their portfolio | 9.2m $134.2m | Reduced -1.0m |
| OCO Capital Partners, L.P. 37.59% of their portfolio | 6.0m $87.6m | Added +2.2m |
| DISCIPLINED GROWTH INVESTORS INC /MN 1.63% of their portfolio | 5.8m $85.3m | Added +796.3k |
| NEUBERGER BERMAN GROUP LLC 0.06% of their portfolio | 5.5m $80.9m | Added +351.4k |
| STATE STREET CORP 0.00% of their portfolio | 4.9m $72.0m | Reduced -484.6k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.06% of their portfolio | 4.8m $70.0m | Unchanged |
| Nuveen, LLC 0.02% of their portfolio | 3.9m $56.7m | Added +1.9m |
| MORGAN STANLEY 0.00% of their portfolio | 3.8m $55.3m | Reduced -757.6k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 3.2m $47.0m | Added +352.8k |
| Long Focus Capital Management, LLC 2.87% of their portfolio | 3.0m $44.5m | Added +679.3k |
| AMERICAN CENTURY COMPANIES INC 0.02% of their portfolio | 2.7m $39.1m | Added +1.3m |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 2.5m $37.1m | Added +2.4m |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 2.5m $36.5m | Reduced -80.9k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 2.5m $36.2m | Added +91.8k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 2.4m $35.5m | Added +316.6k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 2.3m $33.6m | Added +1.2m |
| MILLENNIUM MANAGEMENT LLC 0.03% of their portfolio | 2.2m $32.2m | Added +820.5k |
| BRIGHTLINE CAPITAL MANAGEMENT, LLC 12.58% of their portfolio | 2.0m $29.2m | New |
| Point72 Asset Management, L.P. 0.07% of their portfolio | 2.0m $29.1m | Added +1.1m |
| Invesco Ltd. 0.00% of their portfolio | 1.9m $27.6m | Reduced -110.1k |
| CITIGROUP INC 0.02% of their portfolio | 1.7m $24.4m | Added +903.8k |
| TWO SIGMA INVESTMENTS, LP 0.04% of their portfolio | 1.5m $21.4m | Added +98.5k |
| Lodge Hill Capital, LLC 4.37% of their portfolio | 1.3m $19.0m | New |
| CITADEL ADVISORS LLC 0.02% of their portfolio | 1.2m $18.2m | Added +315.1k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 1.2m $16.9m | Reduced -738 |
| Penserra Capital Management LLC 0.23% of their portfolio | 1.1m $16.5m | Added +867.5k |
| UBS Group AG 0.00% of their portfolio | 1.1m $16.1m | Added +195.0k |
| Jump Financial, LLC 0.19% of their portfolio | 1.1m $15.9m | Added +855.3k |
| DEUTSCHE BANK AG\ 0.01% of their portfolio | 1.0m $15.0m | Added +176.8k |
| Cubist Systematic Strategies, LLC 0.14% of their portfolio | 911.8k $13.3m | Added +567.5k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.22% of their portfolio | 647.2k $9.4m | Added +171.0k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 636.0k $9.3m | Reduced -18.3k |
| Walleye Capital LLC 0.08% of their portfolio | 606.6k $8.9m | Added +594.5k |
| TWO SIGMA ADVISERS, LP 0.02% of their portfolio | 577.7k $8.4m | Reduced -76.2k |
| South Dakota Investment Council 0.14% of their portfolio | 502.7k $7.3m | Reduced -79.7k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 500.8k $7.3m | Reduced -159.9k |
| HRT FINANCIAL LP 0.04% of their portfolio | 500.7k $7.3m | New |
| PDT Partners, LLC 0.41% of their portfolio | 499.6k $7.3m | Reduced -118.9k |
| FEDERATED HERMES, INC. 0.01% of their portfolio | 470.9k $6.9m | Added +468.8k |
| AQR CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 452.9k $6.5m | Reduced -20 |
| VAN ECK ASSOCIATES CORP 0.01% of their portfolio | 447.2k $6.5m | Added +108.6k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.02% of their portfolio | 443.5k $6.5m | Reduced -1.4m |
| Financial Engines Advisors L.L.C. 0.01% of their portfolio | 442.3k $6.5m | Added +293.1k |
| Legal & General Group Plc 0.00% of their portfolio | 431.1k $6.3m | Added +1.2k |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 424.5k $6.2m | Reduced -2.5k |
| Trexquant Investment LP 0.07% of their portfolio | 394.4k $5.8m | Reduced -97.0k |
| TUDOR INVESTMENT CORP ET AL 0.04% of their portfolio | 372.3k $5.4m | Reduced -486.1k |
| INTECH INVESTMENT MANAGEMENT LLC 0.05% of their portfolio | 366.5k $5.4m | Added +13.4k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 363.6k $5.3m | Added +111.1k |
| NEEDHAM INVESTMENT MANAGEMENT LLC 0.41% of their portfolio | 355.1k $5.2m | Unchanged |
| NOMURA HOLDINGS INC 0.04% of their portfolio | 338.3k $4.9m | New |
| CAXTON ASSOCIATES LLP 0.12% of their portfolio | 322.3k $4.7m | Added +103.7k |
| Empowered Funds, LLC 0.05% of their portfolio | 322.2k $4.7m | Added +96.0k |
| Y-Intercept (Hong Kong) Ltd 0.11% of their portfolio | 312.9k $4.6m | Added +242.3k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 301.9k $4.4m | Reduced -3.4k |
| Public Sector Pension Investment Board 0.02% of their portfolio | 290.2k $4.2m | Added +15.9k |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 279.8k $4.1m | Reduced -136.9k |
| LEE DANNER & BASS INC 0.32% of their portfolio | 278.5k $4.1m | Added +84.5k |
| Hi-Line Capital Management, LLC 1.36% of their portfolio | 263.3k $3.8m | Reduced -3.9k |
| GREATMARK INVESTMENT PARTNERS, INC. 0.48% of their portfolio | 262.5k $3.8m | New |
| Cove Street Capital, LLC 5.54% of their portfolio | 258.8k $3.8m | Added +61.4k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.00% of their portfolio | 256.1k $3.7m | Added +42.9k |
| RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio | 251.0k $3.7m | New |
| Schonfeld Strategic Advisors LLC 0.03% of their portfolio | 236.0k $3.4m | Added +190.3k |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.09% of their portfolio | 221.1k $3.2m | Reduced -18.4k |
| BARCLAYS PLC 0.00% of their portfolio | 219.6k $3.2m | Reduced -70.9k |
| Verition Fund Management LLC 0.02% of their portfolio | 211.4k $3.1m | Added +111.8k |
| Quantbot Technologies LP 0.08% of their portfolio | 210.0k $3.1m | New |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 199.9k $2.9m | Added +37.1k |
| Swiss National Bank 0.00% of their portfolio | 197.2k $2.9m | Added +21.3k |
| MERCER GLOBAL ADVISORS INC /ADV 0.01% of their portfolio | 196.7k $2.9m | Reduced -132.7k |
| CAPITAL FUND MANAGEMENT S.A. 0.03% of their portfolio | 196.5k $2.9m | Reduced -103.8k |
| Atom Investors LP 0.25% of their portfolio | 195.2k $2.9m | New |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 185.3k $2.7m | Added +31.6k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 182.3k $2.7m | Reduced -7.7k |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.01% of their portfolio | 178.6k $2.6m | Reduced -13.3k |
| Nebula Research & Development LLC 0.22% of their portfolio | 174.9k $2.6m | Added +74.2k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 161.0k $2.4m | Reduced -270.8k |
| ExodusPoint Capital Management, LP 0.03% of their portfolio | 151.5k $2.2m | New |
| LPL Financial LLC 0.00% of their portfolio | 140.3k $2.0m | Added +127.7k |
| Quantinno Capital Management LP 0.01% of their portfolio | 138.8k $2.0m | Added +106.4k |
| EVERETT HARRIS & CO /CA/ 0.02% of their portfolio | 130.5k $1.9m | Unchanged |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 130.0k $1.9m | Reduced -3.1k |
| Weiss Asset Management LP 0.03% of their portfolio | 125.9k $1.8m | Not comparable |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 123.4k $1.8m | Added +37.3k |
| Jain Global LLC 0.03% of their portfolio | 116.9k $1.7m | New |
| PANAGORA ASSET MANAGEMENT INC 0.01% of their portfolio | 109.6k $1.6m | New |
| Susquehanna Portfolio Strategies, LLC 0.03% of their portfolio | 108.1k $1.6m | New |
| Taconic Capital Advisors LP 0.18% of their portfolio | 107.8k $1.6m | Reduced -140.0k |
| NORGES BANK 0.00% of their portfolio | 106.6k $1.6m | Unchanged |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 102.1k $1.5m | Added +2.2k |
| Tenzing Global Management, LLC 0.98% of their portfolio | 100.0k $1.5m | Reduced -850.0k |
| CANADA LIFE ASSURANCE Co 0.00% of their portfolio | 96.3k $1.4m | Reduced -6.4k |
| LANDSCAPE CAPITAL MANAGEMENT, L.L.C. 0.11% of their portfolio | 95.7k $1.4m | Reduced -46.0k |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 94.3k $1.4m | Added +5.7k |
| STEINBERG ASSET MANAGEMENT LLC 0.93% of their portfolio | 85.7k $1.3m | Reduced -3.7k |
| GROUP ONE TRADING LLC 0.04% of their portfolio | 85.6k $1.2m | Added +34.5k |
| SEI INVESTMENTS CO 0.00% of their portfolio | 81.4k $1.2m | Added +49.1k |