Portolan Capital Management Trims AeroVironment Stake

Institutional investor reduces holdings in aerospace company by 17.3% in Q3

Mar. 14, 2026 at 9:05am

Portolan Capital Management LLC, an institutional investor, reduced its holdings in shares of AeroVironment, Inc. (NASDAQ:AVAV) by 17.3% during the third quarter, according to a recent 13F filing with the Securities and Exchange Commission (SEC). The firm now owns 147,929 shares of the aerospace company's stock, making it the 8th largest position in its portfolio.

Why it matters

AeroVironment is a leading manufacturer of unmanned aerial systems (UAS) and other advanced aerospace technologies. As an institutional investor, Portolan Capital Management's trading activity in AVAV shares can provide insights into market sentiment and expectations around the company's performance.

The details

According to the 13F filing, Portolan Capital Management sold 30,887 shares of AeroVironment during the third quarter, reducing its total stake to 147,929 shares. The firm now owns approximately 0.30% of the aerospace company's outstanding shares. AeroVironment's stock has seen significant volatility in recent months, with shares trading between a 52-week low of $102.25 and a high of $417.86.

  • Portolan Capital Management reduced its AeroVironment holdings during the third quarter of 2026.

The players

Portolan Capital Management LLC

An institutional investment firm that owns a stake in AeroVironment, Inc.

AeroVironment, Inc.

A technology company specializing in unmanned aerial systems, tactical missiles, and other advanced aerospace solutions.

Got photos? Submit your photos here. ›

The takeaway

Portolan Capital Management's reduction in its AeroVironment holdings may signal broader market uncertainty around the company's near-term prospects, despite its leadership position in the UAS industry. Investors will likely continue to closely monitor AeroVironment's financial performance and market positioning in the coming quarters.