Lightpath Technologies

LPTH • NASDAQ

Lightpath Technologies is a hardware, equipment & parts company in the technology sector on NASDAQ, led by James Gaynor, with a market cap of $368.8M. As of Q3 2025, 40% of shares are held by 81 institutional investors, with VANGUARD GROUP INC as the largest holder at 4.4%.

Interim Chief Executive OfficerJames Gaynor

Market Cap$368.8M

Hardware, Equipment & Parts

Technology

Employees327.0

Websitelightpath.com

Country

United States of America

Overview

Overview of institutional ownership in LPTH as of Q3 2025 with a market cap of $354.2M

All Institutions

Institutions: 81
Value Held: $143.3M
Shares Held: 18.1M
Avg Position: $1.8M
Median Position: $222.9K

Hedge Funds

Hedge Funds: 18
Value Held: $63.6M
Shares Held: 8.0M
Avg Position: $3.5M
Median Position: $600.6K

Ownership Breakdown

Institutional (non-HF)

22.51%

$79.7M

Hedge Funds

17.95%

$63.6M

Retail & Other

59.54%

$210.9M

Based on market cap of $354.2M as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in LPTH as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
VANGUARD GROUP INC Institution	Salim Ramji CEO	$15.6M 0.00% of portfolio	4.40% 2.0M shares	≤ Q2 2013 Held for 12y 5m+	$6.69T
Portolan Capital Management, LLC Hedge Fund•Long/Short	George Frederic Mccabe CIO	$12.9M 0.70% of portfolio	3.65% 1.6M shares	Q3 2025 Held for 2 months	$1.8B
A AWM Investment Company, Inc. Hedge Fund•Event Driven	David Michael Greenhouse President	$11.5M 1.08% of portfolio	3.24% 1.4M shares	Q1 2023 Held for 2y 8m	$1.1B
AMH Equity Ltd Hedge Fund•Long/Short	Adam Michael Hutt President	$10.3M 13.09% of portfolio	2.91% 1.3M shares	Q1 2023 Held for 2y 8m	$78.8M
R ROYCE & ASSOCIATES LLC Institution	-	$10.3M 0.10% of portfolio	2.90% 1.3M shares	Q4 2016 Held for 8y 11m	$10.0B
GOLDMAN SACHS GROUP INC Institution	David M. Solomon CEO	$10.1M 0.00% of portfolio	2.84% 1.3M shares	Q4 2024 Held for 11 months	$691.34B
TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy	Michael Riccardi CEO	$8.4M 0.05% of portfolio	2.38% 1.1M shares	Q3 2025 Held for 2 months	$16.0B
A AIGH Capital Management LLC Hedge Fund•Long/Short	Orin Zvi Hirschman Managing Partner	$7.1M 2.25% of portfolio	2.01% 900.0K shares	Q4 2021 Held for 3y 11m	$317.0M
Relyea Zuckerberg Hanson LLC RIA/Wealth	Carl Jonathan Zuckerberg CIO	$6.3M 0.69% of portfolio	1.78% 795.6K shares	Q4 2019 Held for 5y 11m	$918.7M
RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant	Peter Fitzhugh Brown CEO	$4.8M 0.01% of portfolio	1.35% 604.5K shares	Q3 2019 Held for 6y 2m	$75.8B

Net Capital Flow

Institutional buying and selling activity for LPTH in Q3 2025

Traded: +$14.9M
Buyers: 59
Sellers: 16
Total Bought: +$58.2M
Total Sold: −$43.3M
Avg Position: $1.7M

Biggest Buyers

Institution	Net Bought	Current Position
Portolan Capital Management, LLC Hedge Fund•Long/Short	+$12.9M +1.6M shares	$12.9M 1.6M shares
GOLDMAN SACHS GROUP INC Institution	+$9.8M +1.2M shares	$10.1M 1.3M shares
TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy	+$8.4M +1.1M shares	$8.4M 1.1M shares
M MYDA Advisors LLC Hedge Fund•Long/Short	+$4.4M +551.3K shares	$4.4M 551.3K shares
R Russell Investments Group, Ltd. RIA/Wealth	+$3.7M +462.6K shares	$3.7M 462.6K shares
MORGAN STANLEY RIA/Wealth	+$2.6M +327.5K shares	$3.0M 380.6K shares
J JANE STREET GROUP, LLC Institution	+$2.3M +289.3K shares	$2.3M 289.3K shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	+$2.3M +286.2K shares	$4.8M 601.0K shares
Calamos Advisors LLC Long Only Manager	+$1.3M +166.7K shares	$1.3M 166.7K shares
PRINCIPAL FINANCIAL GROUP INC Institution	+$952.6K +120.1K shares	$952.6K 120.1K shares

Biggest Sellers

Institution	Net Sold	Current Position
A AIGH Capital Management LLC Hedge Fund•Long/Short	−$21.7M −2.7M shares	$7.1M 900.0K shares
Archon Capital Management LLC Hedge Fund•Long/Short	−$7.6M −958.2K shares	$1.8M 226.3K shares
AMH Equity Ltd Hedge Fund•Long/Short	−$6.2M −779.3K shares	$10.3M 1.3M shares
R ROYCE & ASSOCIATES LLC Institution	−$3.1M −389.0K shares	$10.3M 1.3M shares
A AWM Investment Company, Inc. Hedge Fund•Event Driven	−$2.2M −280.0K shares	$11.5M 1.4M shares
Relyea Zuckerberg Hanson LLC RIA/Wealth	−$1.2M −151.8K shares	$6.3M 795.6K shares
M Mink Brook Asset Management LLC Institution	−$246.2K −79.9K shares	Sold Off 0 shares
ESSEX INVESTMENT MANAGEMENT CO LLC Long Only Manager	−$209.7K −26.4K shares	$412.5K 52.0K shares
RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant	−$196.7K −24.8K shares	$4.8M 604.5K shares
DIMENSIONAL FUND ADVISORS LP Long Only Manager	−$189.3K −23.9K shares	$324.7K 40.9K shares

Entry and Exit Activity

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

New Positions: 25
New Value: $26.5M
Exited Positions: 1
Exited Value: $246.2K

New Positions

Institution	Position Value
Portolan Capital Management, LLC Hedge Fund•Long/Short	$12.9M 1.6M shares
TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy	$8.4M 1.1M shares
Calamos Advisors LLC Long Only Manager	$1.3M 166.7K shares
PRINCIPAL FINANCIAL GROUP INC Institution	$952.6K 120.1K shares
APIS CAPITAL ADVISORS, LLC Hedge Fund•Long/Short	$634.4K 80.0K shares
S SIMPLEX TRADING, LLC Institution	$474.8K 59.9K shares
H HRT FINANCIAL LLC Institution	$293.7K 37.0K shares
CORSAIR CAPITAL MANAGEMENT LLC Hedge Fund•Multi-Strategy	$198.3K 25.0K shares
PFG Advisors RIA/Wealth	$183.2K 23.1K shares
O OMERS ADMINISTRATION Corp Institution	$159.4K 20.1K shares

Exited Positions

Institution	Previous Position
M Mink Brook Asset Management LLC Institution	$246.2K 79.9K shares

Options Activity

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

Call Positions: 2
Call Value: $832.7K
Put Positions: 3
Put Value: $2.8M

Call Positions

Institution	Position Value
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$501.2K 632.0 contracts
J JANE STREET GROUP, LLC Institution	$331.5K 418.0 contracts

Put Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$1.1M 1.4K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$825.5K 1.0K contracts
J JANE STREET GROUP, LLC Institution	$805.7K 1.0K contracts

Most Committed Institutions

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

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
AMH Equity Ltd Hedge Fund•Long/Short	Adam Michael Hutt President	13.09% $10.3M	2.91% 1.3M shares	Q1 2023 Held for 2y 8m	$78.8M
A AIGH Capital Management LLC Hedge Fund•Long/Short	Orin Zvi Hirschman Managing Partner	2.25% $7.1M	2.01% 900.0K shares	Q4 2021 Held for 3y 11m	$317.0M
M MYDA Advisors LLC Hedge Fund•Long/Short	Jason Marc Lieber Managing Partner	1.43% $4.4M	1.23% 551.3K shares	Q3 2025 Held for 2 months	$305.2M
A AWM Investment Company, Inc. Hedge Fund•Event Driven	David Michael Greenhouse President	1.08% $11.5M	3.24% 1.4M shares	Q1 2023 Held for 2y 8m	$1.1B
Archon Capital Management LLC Hedge Fund•Long/Short	Constantinos John Christofilis Managing Partner	1.07% $1.8M	0.51% 226.3K shares	Q1 2023 Held for 2y 8m	$167.6M
Portolan Capital Management, LLC Hedge Fund•Long/Short	George Frederic Mccabe CIO	0.70% $12.9M	3.65% 1.6M shares	Q3 2025 Held for 2 months	$1.8B
Relyea Zuckerberg Hanson LLC RIA/Wealth	Carl Jonathan Zuckerberg CIO	0.69% $6.3M	1.78% 795.6K shares	Q4 2019 Held for 5y 11m	$918.7M
WEALTH EFFECTS LLC RIA/Wealth	William Anthony Liberti CEO	0.38% $1.2M	0.33% 149.3K shares	Q4 2024 Held for 11 months	$310.3M
Steadtrust LLC RIA/Wealth	Thomas David Kowalczyk CEO	0.38% $554.1K	0.16% 69.9K shares	Q2 2025 Held for 5 months	$147.7M
T THOMPSON DAVIS & CO., INC. Institution	-	0.28% $451.3K	0.13% 56.9K shares	Q2 2025 Held for 5 months	$162.0M

Hedge Fund Spotlight

Discover hedge funds investing in LPTH

CITADEL ADVISORS LLC

Hedge Fund • Multi-Strategy

Portfolio ManagerKenneth Cordele Griffin

Portfolio Value: $122.08B
Positions: 5,531
Last Reported: Q3 2025

Sector Allocation

Position in Lightpath Technologies

Market Value: $566.8K
Shares Held: 71.5K
Portfolio Weight: 0.00%
Owned Since: 2025-Q3

Top Holding	Sector	Market Value	Weight
1 Microsoft MSFT	Software - Infrastructure Technology	$2.1B	1.68%
2 Nvidia NVDA	Semiconductors Technology	$1.8B	1.50%
3 Meta Platforms, Inc. META	Internet Content & Information Communication Services	$1.4B	1.18%