Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Aviat Networks Inc (AVNW)

122 + 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
↓ -11
Streak
1Q ▼
Buyers last Q
50%

Smart Money Signals — AVNW

Based on 123 hedge funds · latest filing: 2026 Q2 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their AVNW positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
📊

High ownership — 92% of 3.0Y peak

92% of all-time peak
123 funds currently hold this stock — 92% of the 3.0-year high of 134 funds (reached 2026 Q1). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📉

Outflows — 5% fewer funds vs a year ago

fund count last 6Q
6 fewer hedge funds hold AVNW compared to a year ago (-5% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🟡

Slight buying edge — 50% buying

67 buying66 selling
Last quarter: 67 funds bought or added vs 66 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 — ~18 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 14 → 20 → 19 → 18. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

54% of holders stayed for 2+ years

■ 54% conviction (2yr+) ■ 29% medium ■ 16% new
67 out of 123 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.
➡️

Steady discovery — ~18 new funds/quarter

21 → 14 → 20 → 19 → 18 new funds/Q
New funds entering each quarter: 14 → 20 → 19 → 18. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 64% veterans vs 19% newcomers

■ 64% veterans ■ 17% 1-2yr ■ 19% new
Entry-cohort mix of 127 holders: 81 (64%) are 2+ year veterans, 22 entered 1–2 years ago, and 24 (19%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
✅

Strong quality — 36% AUM from major funds

36% from top-100 AUM funds
39 of 123 holders rank in the top 100 by AUM, accounting for 36% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
3.0
out of 10
Low Exit Risk
Exit risk score 3.0/10 — 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 Q2, 67 hedge funds were net buyers of AVNW (18 opened a new position, 49 added to an existing one), while 66 reduced or exited (37 trimmed, 29 sold completely) — a 50% buyer ratio, indicating a slight buying edge. 36% of total institutional value in AVNW is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: -11 funds (more exits than new entries). Total institutional holders: 123.

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.

Loading signal freshness…
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

8 top-rated funds 3 high-conviction
Consensus
4.1
/ 10
breadth
×
Elite
2.4
/ 10
conviction
Hedge Fund Positioning: AVNW
122 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 122 134 -8.96%
13F Shares 11M 10M 1.49%
Total Value $219M $224M -1.9%
New Positions 18 19 -1
Increased Positions 47 45 +2
Closed Positions 30 15 +15
Reduced Positions 35 40 -5
Total Calls 3 3 -
Total Puts 1 1 -
PUT/CALL Ratio 0.33 0.33 Bullish

Statistics: AVNW

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Valuation Measures Data as of: --

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Beta (5Y Monthly) --
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Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q2)

122 + 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 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Tieton Capital Management, LLC 4.32% 676,440 $15.0M
2 Weber Capital Management LLC /Adv 2.67% 141,172 $3.1M
3 First Wilshire Securities Management Inc 2.39% 523,317 $11.6M
4 Western Standard LLC 2.26% 301,028 $6.7M
5 Pacific Ridge Capital Partners, LLC 1.78% 441,141 $9.8M
6 CM Management, LLC 1.13% 80,000 $1.8M
7 Worth Venture Partners, LLC 0.81% 16,100 $357K
8 Westerly Capital Management, LLC 0.20% 50,000 $1.1M
9 Kennedy Capital Management LLC 0.17% 430,392 $9.6M
10 HERALD INVESTMENT MANAGEMENT Ltd 0.16% 53,000 $1.2M
11 Hodges Capital Management Inc. 0.12% 80,500 $1.8M
12 Royce & Associates LP 0.12% 655,325 $14.5M
13 Potomac Capital Management, Inc. 0.05% 3,600 $80K
14 Catalyst Funds Management Pty Ltd 0.05% 39,000 $866K
15 Tectonic Advisors LLC 0.03% 32,433 $720K
16 Bridgeway Capital Management, LLC 0.02% 63,959 $1.4M
17 First Eagle Investment Management, LLC 0.01% 360,456 $8.0M
18 Hotchkis & Wiley Capital Management LLC 0.01% 200,788 $4.5M
19 Jacobs Levy Equity Management, Inc 0.01% 134,918 $3.0M
20 XTX Topco Ltd 0.01% 32,376 $719K
21 Y-Intercept (Hong Kong) Ltd 0.01% 20,893 $464K
22 WINTON GROUP Ltd 0.01% 12,050 $268K
23 Quent Capital, LLC 0.01% 6,000 $133K
24 Trexquant Investment LP 0.01% 59,345 $1.3M
25 Marshall Wace, LLP 0.01% 429,349 $9.5M
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?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their AVNW positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for AVNW?

Slight buying edge — 50% buying: Last quarter: 67 funds bought or added vs 66 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 — 36% AUM from major funds: 39 of 123 holders rank in the top 100 by AUM, accounting for 36% 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?

54% of holders stayed for 2+ years: 67 out of 123 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.

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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