Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Aviat Networks Inc (AVNW)

133 + Investors. Track Smart Money conviction in AVNW. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +4
Streak
2Q ▲
Buyers last Q
54%

Smart Money Signals — AVNW

Based on 134 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds added AVNW than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
134 hedge funds hold AVNW right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
📶

Steady growth — +13% more funds vs a year ago

fund count last 6Q
+15 new funds entered over the past year (+13% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 54% buying

64 buying55 selling
Last quarter: 64 funds bought or added vs 55 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
➡️

Steady new buyers — ~19 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 21 → 14 → 20 → 19. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

49% of holders stayed for 2+ years

■ 49% conviction (2yr+) ■ 32% medium ■ 19% new
65 out of 134 hedge funds have held AVNW for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
📈

Growing discovery — still being found

20 → 21 → 14 → 20 → 19 new funds/Q
New funds entering each quarter: 21 → 14 → 20 → 19. A growing number of institutions are discovering AVNW each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 60% veterans vs 25% newcomers

■ 60% veterans ■ 15% 1-2yr ■ 25% new
Entry-cohort mix of 137 holders: 82 (60%) are 2+ year veterans, 21 entered 1–2 years ago, and 34 (25%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
✅

Strong quality — 24% AUM from major funds

24% from top-100 AUM funds
35 of 133 holders rank in the top 100 by AUM, accounting for 24% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
3.6
out of 10
Low Exit Risk
Exit risk score 3.6/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — AVNW

In 2026 Q1, 64 hedge funds were net buyers of AVNW (19 opened a new position, 45 added to an existing one), while 55 reduced or exited (40 trimmed, 15 sold completely) — a 54% buyer ratio, indicating a slight buying edge. Net buying has persisted for two consecutive quarters, a positive momentum signal. 24% of total institutional value in AVNW is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +4 funds (more new holders than closures). Total institutional holders: 134.

Hedge Fund Ownership: AVNW

How many hedge funds hold AVNW — quarterly history vs. share price
Quarterly hedge fund ownership of AVNW vs. share price

Market Analysis: AVNW

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: AVNW

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Aviat Networks Inc (AVNW) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much AVNW has moved relative to its sector benchmark (XLK) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 78d ago
AVNW
-9.7%
XLK
+42.0%

AVNW outperformed XLK by -51.7% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 33d ago
AVNW
+27.6%
XLK
+7.1%

Since the filing became public, AVNW outperformed XLK by +20.5% .

Interpretation: The stock has meaningfully outrun its sector. The trade has partially played out; entry is at a premium to the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

19 top-rated funds 2 high-conviction
Consensus
5.6
/ 10
breadth
×
Elite
2.4
/ 10
conviction
Hedge Fund Positioning: AVNW
133 + Investors

Track Smart Money conviction in AVNW. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 133 130 2.31%
13F Shares 10M 10M 3.84%
Total Value $224M $221M 1.06%
New Positions 18 20 -2
Increased Positions 45 34 +11
Closed Positions 15 13 +2
Reduced Positions 40 50 -10
Total Calls 3 3 -
Total Puts 1 0 100%
PUT/CALL Ratio 0.33 0.0 Bullish

Statistics: AVNW

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Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

133 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in AVNW. Verified SEC 13F-HR filings.

QUARTER:
Top 25 AVNW holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Tieton Capital Management, LLC 5.18% 684,326 $15.5M
2 Western Standard LLC 4.94% 415,752 $9.4M
3 Weber Capital Management LLC /Adv 3.23% 142,908 $3.2M
4 First Wilshire Securities Management Inc 2.70% 529,533 $12.0M
5 Pacific Ridge Capital Partners, LLC 1.88% 383,241 $8.7M
6 CM Management, LLC 0.57% 30,000 $678K
7 Aristides Capital LLC 0.56% 114,691 $2.6M
8 HERALD INVESTMENT MANAGEMENT Ltd 0.49% 155,000 $3.5M
9 Manatuck Hill Partners, LLC 0.46% 75,800 $1.7M
10 Hodges Capital Management Inc. 0.42% 222,469 $5.0M
11 AWM Investment Company, Inc. 0.41% 165,723 $3.7M
12 Kennedy Capital Management LLC 0.21% 438,485 $9.9M
13 Royce & Associates LP 0.15% 660,705 $14.9M
14 Inspire Investing, LLC 0.12% 64,776 $1.5M
15 Dynamic Technology Lab Private Ltd 0.11% 28,866 $653K
16 Kirr Marbach & Co LLC /In/ 0.08% 18,600 $421K
17 EntryPoint Capital, LLC 0.07% 10,375 $235K
18 Tectonic Advisors LLC 0.04% 35,073 $793K
19 Potomac Capital Management, Inc. 0.04% 2,000 $45K
20 North Star Investment Management Corp. 0.04% 27,000 $610K
21 State of Wyoming 0.02% 9,138 $207K
22 Nbc Securities, INC. 0.02% 13,000 $294K
23 Bridgeway Capital Management, LLC 0.02% 42,300 $956K
24 Hotchkis & Wiley Capital Management LLC 0.01% 139,468 $3.2M
25 Quent Capital, LLC 0.01% 6,000 $136K
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Aviat Networks Inc (AVNW)

What does the Smart Money Trend signal show for AVNW?

Buying streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds added AVNW than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for AVNW?

Slight buying edge — 54% buying: Last quarter: 64 funds bought or added vs 55 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for AVNW holders?

Strong quality — 24% AUM from major funds: 35 of 133 holders rank in the top 100 by AUM, accounting for 24% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held AVNW?

49% of holders stayed for 2+ years: 65 out of 134 hedge funds have held AVNW for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Aviat Networks Inc (AVNW) following the 2026 Q1 hedge fund 13F filings?

As of today, AVNW has moved +27.6% since the 2026 Q1 13F filing date (May 15, 2026), compared to +7.1% for the XLK sector ETF — an outperformance of +20.5%. Since the quarter end (March 31, 2026), AVNW has gained -9.7% vs +42.0% for XLK. The stock has meaningfully outrun its sector. The trade has partially played out; entry is at a premium to the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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