Vault-13

CERAGON NETWORKS LTD CRNT

ORD · Common Stock · CUSIP M22013102

Networking equipment vendor

78 institutional holders +6 vs Q2 2024
14,329,62114.3m shares reported held*
16.2% of all shares outstanding*
$39.2mreported value*
15 new 26 added 16 reduced 10 sold out net bought ≈ $4.3m (+1.6m 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. Holder counts are more reliable. Shares outstanding: 88.4m as of 2024-12-31, 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 ≈ $2.74. Options: 5 managers hold calls ($209.1k notional), 5 hold puts ($73.0k).

Trends to Q3 2024

Institutional holders

Managers reporting a position, each quarter

050100Q3 22: 72Q4 22: 72Q1 23: 58Q2 23: 57Q3 23: 54Q4 23: 55Q1 24: 74Q2 24: 72Q3 24: 7878Q3 22Q1 23Q3 23Q1 24Q3 24
Numbers
QuarterHolders
Q3 202272
Q4 202272
Q1 202358
Q2 202357
Q3 202354
Q4 202355
Q1 202474
Q2 202472
Q3 202478

Buyers vs sellers

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

Bought or addedCut or sold out
50050Q4 22: 30 bought or addedQ4 22: 25 cut or sold outQ1 23: 19 bought or addedQ1 23: 33 cut or sold outQ1 23Q2 23: 15 bought or addedQ2 23: 27 cut or sold outQ3 23: 20 bought or addedQ3 23: 22 cut or sold outQ3 23Q4 23: 17 bought or addedQ4 23: 24 cut or sold outQ1 24: 43 bought or addedQ1 24: 23 cut or sold outQ1 24Q2 24: 32 bought or addedQ2 24: 28 cut or sold outQ3 24: 41 bought or addedQ3 24: 26 cut or sold outQ3 24
Numbers
QuarterBought or addedCut or sold out
Q4 20223025
Q1 20231933
Q2 20231527
Q3 20232022
Q4 20231724
Q1 20244323
Q2 20243228
Q3 20244126

Calls vs puts

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

CallsPuts
$0$500k$1m$1.5mQ4 23 calls: $690.7kQ4 23 puts: $224.9kQ4 23P/C 0.33Q1 24 calls: $1.1mQ1 24 puts: $517.6kQ1 24P/C 0.48Q2 24 calls: $432.2kQ2 24 puts: $326.0kQ2 24P/C 0.75Q3 24 calls: $209.1kQ3 24 puts: $73.0kQ3 24P/C 0.35
Numbers
QuarterCallsPutsP/C
Q4 2023$690.7k$224.9k0.33
Q1 2024$1.1m$517.6k0.48
Q2 2024$432.2k$326.0k0.75
Q3 2024$209.1k$73.0k0.35

Biggest buyers

ACADIAN ASSET MANAGEMENT LLC Added +705,120+705.1k
LAZARD ASSET MANAGEMENT LLC Added +270,793+270.8k
RENAISSANCE TECHNOLOGIES LLC Added +262,719+262.7k
Walleye Capital LLC Added +138,411+138.4k
MARSHALL WACE, LLP New +100,708+100.7k
GOLDMAN SACHS GROUP INC Added +99,292+99.3k
MILLENNIUM MANAGEMENT LLC Added +89,890+89.9k
Hillsdale Investment Management Inc. New +77,800+77.8k
JPMORGAN CHASE & CO New +76,174+76.2k
Qube Research & Technologies Ltd Added +73,143+73.1k

Biggest sellers

ARROWSTREET CAPITAL, LIMITED PARTNERSHIP Reduced -148,010-148.0k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -145,569-145.6k
Millrace Asset Group, Inc. Reduced -134,263-134.3k
BOOTHBAY FUND MANAGEMENT, LLC Reduced -113,698-113.7k
Vident Advisory, LLC Sold out -83,915-83.9k
First Eagle Investment Management, LLC Reduced -37,600-37.6k
Worth Venture Partners, LLC Sold out -27,957-28.0k
JANE STREET GROUP, LLC Sold out -23,726-23.7k
OPPENHEIMER & CO INC Reduced -20,000-20.0k
MERCER GLOBAL ADVISORS INC /ADV Sold out -11,500-11.5k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $110.4k40.3k shares
CITADEL ADVISORS LLC Reduced $90.4k33.0k shares
SIMPLEX TRADING, LLC Reduced $5.0k2.0k shares
GROUP ONE TRADING LLC Reduced $3.3k1.2k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $57.0k20.8k shares
CITADEL ADVISORS LLC Reduced $11.2k4.1k shares
GROUP ONE TRADING LLC Reduced $2.7k1.0k shares
SIMPLEX TRADING, LLC Reduced $2.0k1.0k 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.

HolderStakeChangeShares Last filed
SAMBERG JOSEPH D 13D · may seek influence filed 2025-02-27
Stated purposeItem 4 is hereby amended to add the following: The Reporting Persons acquired Ordinary Shares of the Issuer in the February Transactions as described in Item 5(c). On February 25, 2025, as a result of the February Transaction on that day, Mr. Samberg became the beneficial owner of more than 10% of the Ordinary Shares of the Issuer currently outstanding. Neither of the Reporting Persons has a present plan or proposal that relates to, or could result in, any of the events referred to in paragraphs (a) through (j) inclusive, of Item 4 of Schedule 13D. Full filing
11.0% 9.4m≈ $24.4m 2025-02-27
FIRST WILSHIRE SECURITIES MANAGEMENT INC 13G · institution new · filed 2026-05-11 5.3% new 4.9m≈ $12.6m 2026-05-11

Insider purchases and sales in Q3 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.

None reported in Q3 2024.

Holders, Q3 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 FIRST WILSHIRE SECURITIES MANAGEMENT INC 2.30% of their portfolio PASADENA, CA 2,982,2073.0m $8.2m $8.2m 2.30% Reduced -11.1k -11,052
2 ACADIAN ASSET MANAGEMENT LLC 0.02% of their portfolio Boston, MA 2,660,2812.7m $7.3m $7.3m 0.02% Added +705.1k +705,120
3 ESSEX INVESTMENT MANAGEMENT CO LLC 0.60% of their portfolio BOSTON, MA 1,251,1341.3m $3.4m $3.4m 0.60% Added +3.4k +3,370
4 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 906,535906.5k $2.5m $2.5m 0.00% Added +262.7k +262,719
5 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio BOSTON, MA 695,894695.9k $1.9m $1.9m 0.00% Reduced -148.0k -148,010
6 First Eagle Investment Management, LLC 0.00% of their portfolio NEW YORK, NY 482,433482.4k $1.3m $1.3m 0.00% Reduced -37.6k -37,600
7 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 464,236464.2k $1.3m $1.3m 0.00% Reduced -4.1k -4,091
8 LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 450,182450.2k $1.2m $1.2m 0.00% Added +270.8k +270,793
9 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 430,100430.1k $1.2m $1.2m 0.00% Added +89.9k +89,890
10 Legato Capital Management LLC 0.15% of their portfolio San Francisco, CA 428,979429.0k $1.2m $1.2m 0.15% Unchanged
11 Walleye Capital LLC 0.01% of their portfolio NEW YORK, NY 283,933283.9k $778.0k $778.0k 0.01% Added +138.4k +138,411
12 BOOTHBAY FUND MANAGEMENT, LLC 0.02% of their portfolio NEW YORK, NY 255,142255.1k $699.1k $699.1k 0.02% Reduced -113.7k -113,698
13 Millrace Asset Group, Inc. 0.69% of their portfolio BERWYN, PA 248,440248.4k $681.0k $681.0k 0.69% Reduced -134.3k -134,263
14 Perritt Capital Management Inc 0.31% of their portfolio Chicago, IL 217,600217.6k $596.2k $596.2k 0.31% Unchanged
15 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 195,244195.2k $535.0k $535.0k 0.00% Reduced -145.6k -145,569
16 Qube Research & Technologies Ltd 0.00% of their portfolio LONDON, X0 176,182176.2k $482.7k $482.7k 0.00% Added +73.1k +73,143
17 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 144,307144.3k $395.4k $395.4k 0.00% Added +621 +621
18 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 132,713132.7k $363.6k $363.6k 0.00% Added +99.3k +99,292
19 Caption Management, LLC 0.04% of their portfolio OKLAHOMA CITY, OK 122,819122.8k $336.5k $336.5k 0.04% Added +34.0k +33,965
20 KENNEDY CAPITAL MANAGEMENT LLC 0.01% of their portfolio ST LOUIS, MO 117,619117.6k $322.3k $322.3k 0.01% Added +15.6k +15,563
21 WealthTrust Axiom LLC 0.09% of their portfolio WAYNE, PA 110,150110.2k $301.8k $301.8k 0.09% Added +39.0k +38,950
22 MARSHALL WACE, LLP 0.00% of their portfolio LONDON, X0 100,708100.7k $275.9k $275.9k 0.00% New
23 Hillsdale Investment Management Inc. 0.02% of their portfolio Toronto, A6 77,80077.8k $213.2k $213.2k 0.02% New
24 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 76,17476.2k $208.7k $208.7k 0.00% New
25 Federation des caisses Desjardins du Quebec 0.00% of their portfolio LEVIS, A8 75,99176.0k $208.0k $208.0k 0.00% Added +16.7k +16,673
26 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 67,75167.8k $185.6k $185.6k 0.00% Added +5.6k +5,564
27 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 64,27164.3k $176.1k $176.1k 0.00% Added +36.8k +36,848
28 SIMPLEX TRADING, LLC 0.01% of their portfolio CHICAGO, IL 62,11362.1k $170.0k $170.0k 0.01% Reduced -9.9k -9,940
29 XTX Topco Ltd 0.01% of their portfolio LONDON, X0 55,47755.5k $152.0k $152.0k 0.01% New
30 Engineers Gate Manager LP 0.00% of their portfolio NEW YORK, NY 48,04648.0k $131.6k $131.6k 0.00% Added +979 +979
31 Squarepoint Ops LLC 0.00% of their portfolio NEW YORK, NY 47,21047.2k $129.4k $129.4k 0.00% New
32 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 47,00147.0k $128.8k $128.8k 0.00% Added +938 +938
33 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 46,35746.4k $127.0k $127.0k 0.00% Added +5.4k +5,384
34 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 45,22145.2k $123.9k $123.9k 0.00% Added +36.3k +36,297
35 Jump Financial, LLC 0.00% of their portfolio Chicago, IL 44,80044.8k $122.8k $122.8k 0.00% New
36 Cubist Systematic Strategies, LLC 0.00% of their portfolio STAMFORD, CT 43,46543.5k $119.1k $119.1k 0.00% Added +20.9k +20,871
37 OMERS ADMINISTRATION Corp 0.00% of their portfolio TORONTO, A6 42,86542.9k $117.5k $117.5k 0.00% Reduced -4.3k -4,300
38 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 40,66840.7k $111.4k $111.4k 0.00% Reduced -1.8k -1,770
39 PRUDENTIAL FINANCIAL INC 0.00% of their portfolio NEWARK, NJ 39,20039.2k $107.4k $107.4k 0.00% Unchanged
40 UBS Group AG 0.00% of their portfolio ZURICH, V8 36,70536.7k $100.6k $100.6k 0.00% Added +9.5k +9,485
41 OCCUDO QUANTITATIVE STRATEGIES LP 0.02% of their portfolio FORT LAUDERDALE, FL 36,69436.7k $100.5k $100.5k 0.02% Reduced -2.4k -2,373
42 Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio ZURICH, V8 36,61136.6k $100.3k $100.3k 0.00% Reduced -1.8k -1,829
43 ALGERT GLOBAL LLC 0.00% of their portfolio SAN FRANCISCO, CA 35,14435.1k $96.3k $96.3k 0.00% Added +2.8k +2,840
44 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 33,54033.5k $91.9k $91.9k 0.00% Added +2.8k +2,760
45 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 31,73931.7k $80.6k $80.6k 0.00% Unchanged
46 DLK Investment Management, LLC 0.03% of their portfolio SOLANA BEACH, CA 30,20030.2k $82.7k $82.7k 0.03% Unchanged
47 Heron Bay Capital Management 0.02% of their portfolio BLOOMFIELD HILLS, MI 29,34629.3k $80.4k $80.4k 0.02% New
48 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 28,20028.2k $77.3k $77.3k 0.00% New
49 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 27,00827.0k $74.0k $74.0k 0.00% Reduced -1.8k -1,808
50 IFP Advisors, Inc 0.00% of their portfolio TAMPA, FL 25,00025.0k $68.5k $68.5k 0.00% Unchanged
51 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 24,06224.1k $65.9k $65.9k 0.00% Added +18.5k +18,514
52 Dynamic Advisor Solutions LLC 0.00% of their portfolio PHOENIX, AZ 23,00023.0k $63.0k $63.0k 0.00% Unchanged
53 State of Wyoming 0.01% of their portfolio CHEYENNE, WY 19,70719.7k $53.3k $53.3k 0.01% New
54 SMITH, MOORE & CO. 0.00% of their portfolio CLAYTON, MO 18,50018.5k $50.7k $50.7k 0.00% Reduced -2.5k -2,500
55 State of Tennessee, Department of Treasury 0.00% of their portfolio NASHVILLE, TN 16,48916.5k $45.2k $45.2k 0.00% Unchanged
56 WEDBUSH SECURITIES INC 0.00% of their portfolio PASADENA, CA 14,93714.9k $41.0k $41.0k 0.00% Unchanged
57 TWO SIGMA ADVISERS, LP 0.00% of their portfolio NEW YORK, NY 14,20014.2k $38.9k $38.9k 0.00% Added +1.8k +1,800
58 TWO SIGMA SECURITIES, LLC 0.00% of their portfolio NEW YORK, NY 13,20413.2k $36.2k $36.2k 0.00% New
59 OPPENHEIMER & CO INC 0.00% of their portfolio NEW YORK, NY 12,00012.0k $32.9k $32.9k 0.00% Reduced -20.0k -20,000
60 BlackRock, Inc. 0.00% of their portfolio New York, NY 10,87710.9k $29.8k $29.8k 0.00% First filing
61 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 10,21210.2k $27.6k $27.6k 0.00% Unchanged
62 EAGLE WEALTH STRATEGIES LLC 0.02% of their portfolio MULLICA HILL, NJ 10,00010.0k $27.4k $27.4k 0.02% Unchanged
63 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 1,7021.7k $4.7k $4.7k 0.00% Added +702 +702
64 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 1,5501.6k $4.2k $4.2k 0.00% New
65 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 1,5121.5k $4.1k $4.1k 0.00% Reduced -5.8k -5,776
66 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 1,0001.0k $2.7k $2.7k 0.00% New
67 AdvisorNet Financial, Inc 0.00% of their portfolio MINNETONKA, MN 1,0001.0k $2.7k $2.7k 0.00% New
68 Nordwand Advisors, LLC 0.00% of their portfolio RADNOR, PA 1,0001.0k $2.7k $2.7k 0.00% Unchanged
69 Aspire Private Capital, LLC 0.00% of their portfolio Cornelius, NC 865865 $2.4k $2.4k 0.00% Unchanged
70 Global Retirement Partners, LLC 0.00% of their portfolio San Rafael, CA 661661 $1.8k $1.8k 0.00% Unchanged
71 EASTERN BANK 0.00% of their portfolio BOSTON, MA 427427 $1.2k $1.2k 0.00% New
72 Key Financial Inc 0.00% of their portfolio WEST CHESTER, PA 385385 $1.1k $1.1k 0.00% Unchanged
73 WASHINGTON TRUST Co 0.00% of their portfolio WESTERLY, RI 300300 $822 $822 0.00% Unchanged
74 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 280280 $767 $767 0.00% New
75 PRINCIPAL SECURITIES, INC. 0.00% of their portfolio DES MOINES, IA 205205 $562 $562 0.00% Unchanged
76 Blue Trust, Inc. 0.00% of their portfolio BRENTWOOD, TN 100100 $250 $250 0.00% Unchanged
77 CoreCap Advisors, LLC 0.00% of their portfolio SOUTHFIELD, MI 1111 $30 $30 0.00% Unchanged
78 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged