Harmonic

HLIT • NASDAQ

Harmonic is a communication equipment company in the technology sector on NASDAQ, led by Nimrod Ben-Natan, with a market cap of $1.2B. As of Q3 2025, 88% of shares are held by 236 institutional investors, with BlackRock, Inc. as the largest holder at 16.98%.

Chief Executive OfficerNimrod Ben-Natan

Market Cap$1.2B

Communication Equipment

Technology

Employees948.0

Websiteharmonicinc.com

Country

United States of America

Overview

Overview of institutional ownership in HLIT as of Q3 2025 with a market cap of $1.2B

All Institutions

Institutions: 236
Value Held: $1.0B
Shares Held: 99.7M
Avg Position: $4.3M
Median Position: $454.6K

Hedge Funds

Hedge Funds: 33
Value Held: $197.4M
Shares Held: 19.4M
Avg Position: $6.0M
Median Position: $1.8M

Ownership Breakdown

Institutional (non-HF)

70.61%

$817.7M

Hedge Funds

17.05%

$197.4M

Retail & Other

12.34%

$142.9M

Based on market cap of $1.2B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in HLIT as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
B BlackRock, Inc. Institution	-	$196.7M 0.00% of portfolio	16.98% 19.3M shares	≤ Q2 2013 Held for 12y 5m+	$5.67T
VANGUARD GROUP INC Institution	Salim Ramji CEO	$120.9M 0.00% of portfolio	10.44% 11.9M shares	≤ Q2 2013 Held for 12y 5m+	$6.69T
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$44.7M 0.00% of portfolio	3.86% 4.4M shares	≤ Q2 2013 Held for 12y 5m+	$2.88T
DIMENSIONAL FUND ADVISORS LP Long Only Manager	Gerard Kieran O'Reilly CEO	$35.2M 0.01% of portfolio	3.04% 3.5M shares	≤ Q2 2013 Held for 12y 5m+	$466.32B
Trigran Investments, Inc. Hedge Fund•Value	Douglas Todd Granat President	$32.8M 5.94% of portfolio	2.83% 3.2M shares	Q2 2021 Held for 4y 5m	$551.6M
D D. E. Shaw & Co., Inc. Institution	-	$31.5M 0.03% of portfolio	2.72% 3.1M shares	≤ Q2 2013 Held for 12y 5m+	$115.81B
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$28.6M 0.00% of portfolio	2.47% 2.8M shares	≤ Q2 2013 Held for 12y 5m+	$1.57T
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	Dan Michael Berkovitz Chairman	$27.1M 0.02% of portfolio	2.34% 2.7M shares	Q3 2017 Held for 8y 2m	$121.98B
S SCOPIA CAPITAL MANAGEMENT LLC Hedge Fund•Long/Short	Matthew Ivan Sirovich Founder	$26.1M 3.57% of portfolio	2.25% 2.6M shares	Q1 2019 Held for 6y 8m	$729.9M
ALLIANCEBERNSTEIN L.P. Long Only Manager	Seth Perry Bernstein CEO	$24.5M 0.01% of portfolio	2.12% 2.4M shares	≤ Q2 2013 Held for 12y 5m+	$317.45B

Net Capital Flow

Institutional buying and selling activity for HLIT in Q3 2025

Traded: −$25.1M
Buyers: 123
Sellers: 128
Total Bought: +$93.4M
Total Sold: −$118.5M
Avg Position: $3.7M

Biggest Buyers

Institution	Net Bought	Current Position
B BlackRock, Inc. Institution	+$23.9M +2.3M shares	$196.7M 19.3M shares
D D. E. Shaw & Co., Inc. Institution	+$9.1M +889.1K shares	$31.5M 3.1M shares
ARROWSTREET CAPITAL LIMITED PARTNERSHIP Hedge Fund•Quant	+$7.4M +729.3K shares	$10.0M 980.5K shares
Ellsworth Advisors, LLC RIA/Wealth	+$5.1M +498.4K shares	$5.1M 498.4K shares
VOLORIDGE INVESTMENT MANAGEMENT, LLC Hedge Fund•Multi-Strategy	+$2.7M +268.9K shares	$2.7M 268.9K shares
FIRST TRUST ADVISORS LP ETF Provider	+$2.5M +241.5K shares	$2.7M 261.5K shares
Inspire Advisors, LLC RIA/Wealth	+$2.5M +241.2K shares	$2.5M 241.2K shares
Marshall Wace LLP Institution	+$2.1M +207.5K shares	$21.7M 2.1M shares
C Clearline Capital LP Hedge Fund•Event Driven	+$2.0M +195.3K shares	$8.1M 795.1K shares
A Alyeska Investment Group, L.P. Hedge Fund•Multi-Strategy	+$1.8M +174.2K shares	$20.5M 2.0M shares

Biggest Sellers

Institution	Net Sold	Current Position
Invesco Ltd. ETF Provider	−$40.0M −3.9M shares	$5.2M 515.1K shares
UBS Group AG Institution	−$8.9M −877.1K shares	$3.5M 347.1K shares
S SCOPIA CAPITAL MANAGEMENT LLC Hedge Fund•Long/Short	−$4.8M −469.0K shares	$26.1M 2.6M shares
T TEXAS PERMANENT SCHOOL FUND Institution	−$4.4M −469.8K shares	Sold Off 0 shares
R ROYCE & ASSOCIATES LLC Institution	−$4.3M −424.6K shares	$2.7M 265.8K shares
Trigran Investments, Inc. Hedge Fund•Value	−$3.8M −371.6K shares	$32.8M 3.2M shares
C Cubist Systematic Strategies, LLC Institution	−$3.7M −391.9K shares	Sold Off 0 shares
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	−$3.5M −342.6K shares	$27.1M 2.7M shares
Q Qube Research & Technologies Ltd Institution	−$3.0M −296.5K shares	$10.9M 1.1M shares
MORGAN STANLEY RIA/Wealth	−$2.9M −281.8K shares	$17.5M 1.7M shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited HLIT in Q3 2025

New Positions: 18
New Value: $7.8M
Exited Positions: 40
Exited Value: $19.4M

New Positions

Institution	Position Value
Ellsworth Advisors, LLC RIA/Wealth	$5.1M 498.4K shares
A ALPS ADVISORS INC ETF Provider	$468.4K 46.0K shares
STEPHENS INC /AR/ RIA/Wealth	$400.5K 39.3K shares
FIDUCIARY FINANCIAL GROUP, LLC RIA/Wealth	$350.2K 34.4K shares
City Center Advisors, LLC RIA/Wealth	$278.2K 27.3K shares
SRS Capital Advisors, Inc. RIA/Wealth	$258.0K 25.3K shares
CONNORS INVESTOR SERVICES INC RIA/Wealth	$240.2K 23.6K shares
Gallacher Capital Management LLC RIA/Wealth	$240.1K 23.6K shares
Snowden Capital Advisors LLC RIA/Wealth	$154.6K 15.2K shares
Quantinno Capital Management LP Hedge Fund•Market Neutral	$135.5K 13.3K shares

Exited Positions

Institution	Previous Position
T TEXAS PERMANENT SCHOOL FUND Institution	$4.4M 469.8K shares
C Cubist Systematic Strategies, LLC Institution	$3.7M 391.9K shares
H Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp Institution	$1.1M 117.0K shares
N NOMURA HOLDINGS INC Institution	$1.1M 112.3K shares
M Manatuck Hill Partners, LLC Hedge Fund•Long/Short	$1.0M 108.4K shares
Walleye Trading Advisors, LLC Hedge Fund•Multi-Strategy	$885.1K 93.5K shares
Engineers Gate Manager LP Hedge Fund•Quant	$834.8K 88.2K shares
J Jump Financial, LLC Institution	$806.8K 85.2K shares
D Dynamic Technology Lab Private Ltd Institution	$560.6K 59.2K shares
Schonfeld Strategic Advisors LLC Hedge Fund•Multi-Strategy	$477.0K 50.4K shares

Options Activity

Institutions with the largest Call and Put options positions in HLIT as of Q3 2025

Call Positions: 2
Call Value: $373.6K
Put Positions: 2
Put Value: $341.6K

Call Positions

Institution	Position Value
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$204.6K 201.0 contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$169.0K 166.0 contracts

Put Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$239.2K 235.0 contracts
W WOLVERINE TRADING, LLC Institution	$102.4K 102.0 contracts

Most Committed Institutions

Institutions with HLIT as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
SILVERBACK ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy	Elliot Glen Bossen CEO	25.39% $6.9M	0.59% 674.6K shares	Q1 2024 Held for 1y 8m	$27.0M
Toronado Partners, LLC Hedge Fund•Long/Short	John Stephen Perkins Managing Partner	8.13% $12.3M	1.06% 1.2M shares	Q2 2023 Held for 2y 5m	$150.9M
S Silverberg Bernstein Capital Management LLC RIA/Wealth	Irwin Warren Silverberg Managing Partner	7.77% $12.7M	1.10% 1.2M shares	Q4 2023 Held for 1y 11m	$163.4M
Trigran Investments, Inc. Hedge Fund•Value	Douglas Todd Granat President	5.94% $32.8M	2.83% 3.2M shares	Q2 2021 Held for 4y 5m	$551.6M
S SCOPIA CAPITAL MANAGEMENT LLC Hedge Fund•Long/Short	Matthew Ivan Sirovich Founder	3.57% $26.1M	2.25% 2.6M shares	Q1 2019 Held for 6y 8m	$729.9M
Ellsworth Advisors, LLC RIA/Wealth	Kelly Michael Kuennen President	1.09% $5.1M	0.44% 498.4K shares	Q3 2025 Held for 2 months	$468.8M
H Herald Investment Management Ltd Institution	-	1.07% $8.0M	0.69% 785.0K shares	Q1 2018 Held for 7y 8m	$745.8M
Leeward Investments, LLC - MA Long Only Manager	R. Todd Vingers President	0.86% $16.8M	1.45% 1.7M shares	Q1 2022 Held for 3y 8m	$2.0B
C Clearline Capital LP Hedge Fund•Event Driven	Mohit Bhasin CFO	0.68% $8.1M	0.70% 795.1K shares	Q3 2023 Held for 2y 2m	$1.2B
Advantage Alpha Capital Partners LP Hedge Fund•Market Neutral	Anthony Pir Brenner Chairman	0.60% $2.0M	0.17% 196.9K shares	Q3 2023 Held for 2y 2m	$331.9M

Hedge Fund Spotlight

Discover hedge funds investing in HLIT

Advantage Alpha Capital Partners LP

Hedge Fund • Market Neutral

Portfolio ManagerAnthony Pir Brenner

Portfolio Value: $331.9M
Positions: 130
Last Reported: Q3 2025

Sector Allocation

Position in Harmonic

Market Value: $2.0M
Shares Held: 196.9K
Portfolio Weight: 0.60%
Owned Since: 2023-Q3

Top Holding	Sector	Market Value	Weight
1 FTAI Aviation Ltd. FTAI	Rental & Leasing Services Industrials	$10.0M	3.03%
2 AvidXchange Holdings, Inc. AVDX	Software - Infrastructure Technology	$6.8M	2.05%
3 Zeta Global Holdings ZETA	Software - Application Technology	$6.2M	1.87%