Aviat Networks
AVNW
105 hedge funds and large institutions have $102M invested in Aviat Networks in 2013 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 27 increasing their positions, 41 reducing their positions, and 14 closing their positions.
5% less funds holding
Funds holding: 111 → 105 (-6)
16% less capital invested
Capital invested by funds: $122M → $102M (-$20M)
34% less repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 41
43% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 14
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SPH
Steel Partners Holdings
New York
|
+$2M |
| 2 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$1.09M |
| 3 |
SCM
Schneider Capital Management
Berwyn,
Pennsylvania
|
+$929K |
| 4 |
PAWC
P.A.W. Capital
Greenwich,
Connecticut
|
+$878K |
| 5 |
RA
Royce & Associates
New York
|
+$633K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
-$3.79M |
| 2 |
DGI
Disciplined Growth Investors
Minneapolis,
Minnesota
|
-$1.73M |
| 3 |
RFC
Russell Frank Company
Seattle,
Washington
|
-$1.35M |
| 4 |
AG
Algert Global
San Francisco,
California
|
-$884K |
| 5 |
HCM
Highbridge Capital Management
New York
|
-$817K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PAIM
101
Punch & Associates Investment Management
Edina,
Minnesota
| – | -$75K | -4,877 | Closed |
|
|
GIA
102
Gateway Investment Advisers
Cincinnati,
Ohio
| – | -$54K | -3,465 | Closed |
|
103
SG Americas Securities
New York
| – | -$28K | -1,838 | Closed |
|
104
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$3.61K | -274 | -97% |
|
|
DBT
105
Dubuque Bank & Trust
Dubuque,
Iowa
| – | -$3K | -167 | Closed |
|
106
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$804 | -61 | -92% |
|
|
WEC
107
Winslow Evans & Crocker
Boston,
Massachusetts
| – | +$13 | +1 | New |
|
|
U
108
UBS
Zurich,
Switzerland
| – | +$105 | +8 | +35% |
|
AVNW Hedge Fund Activity: Q4 2013 in Review
105 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Aviat Networks (AVNW) for Q4 2013, worth a combined $102M — down 16% from $122M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of AVNW and 8 opened new positions — a net loss of 6 holders — while 41 trimmed existing stakes and 27 added.
The largest buyer was Steel Partners Holdings, opening a new position worth an estimated $2M. The largest seller was Penn Capital Management, exiting entirely with an estimated $3.79M sold.
- 105 institutional investors held Aviat Networks (AVNW) as of Q4 2013, down from 111 in Q3 2013.
- Funds reported $102M of Aviat Networks stock for Q4 2013, down 16% quarter-over-quarter.
- 8 funds opened new Aviat Networks positions in Q4 2013 and 14 closed out, a net change of -6 holders.
- The largest Aviat Networks buyer in Q4 2013 was Steel Partners Holdings, an estimated $2M added.
- The largest Aviat Networks seller in Q4 2013 was Penn Capital Management, an estimated $3.79M sold.
Based on aggregated 13F filings for Q4 2013.