Assenagon Asset Management S.A. 13F: Adds $221M to VIAV Stake

Assenagon Asset Management S.A. scaled up its investment in Viavi Solutions Inc. (NasdaqGS: VIAV), according to a Form 13F filing submitted to the SEC on October 15, 2026. Because 13F filings are backward-looking documents, they show holdings as of the end of the reporting period and might not reflect the fund's exact current stance today.

What Changed in Assenagon Asset Management's Viavi Solutions Position

The fund lifted its stake by 1402.9%, purchasing an additional 5,264,496 shares during the period. That sharp move brought Assenagon's total holdings to 5,639,752 shares. The reported value of the position stood at $236,418,404, marking a substantial expansion of the firm's bet on the communications equipment maker.

Other Institutional Activity in Viavi Solutions Inc.

Other large institutional players adjusted their positions around the same reporting window. Blackrock Inc. reduced its holdings by 9,511,140 shares, ending with 25,728,357 shares worth about $858,812,584. Vanguard Portfolio Management LLC trimmed its stake by 4,122,310 shares, leaving it with 13,615,684 shares valued at $454,491,546. On the buying side, Price (T.Rowe) Associates Inc grew its holdings by 945,305 shares, ending with 11,131,777 shares worth about $371,578,728. Vanguard Capital Management LLC added 550,772 shares for a total of 10,903,636 shares valued at $363,963,381. Jane Street Group, LLC expanded its stake drastically by 9,062,800 shares, bringing its holdings to 9,293,469 shares worth about $310,216,005.

Viavi Solutions Inc. Stock Down 11.9%

Shares of Viavi Solutions recently traded around $33.97 as of October 16, 2026. The stock sits below its 50-day moving average of $39.40 and under its 200-day moving average of $37.92. Over the past year, the company's stock has traded in a 52-week range between $12.77 and $60.43.

Recent Earnings

For its trailing twelve months, Viavi reported $1,518,300,032 in revenue alongside basic earnings per share of -$0.13. The company posted a net profit margin of -2.0% and a return on equity of -2.7%. Investors will be watching the upcoming earnings report on November 4, 2026, for further updates on financial performance.

Insider Buying and Selling at Viavi Solutions Inc.

Company insiders executed several sales prior to the filing. Officer Luke Matthew Scrivanich sold 23,911 shares on August 31, 2026, at an average price of $36.37 for a total value of $869,643. Chief Financial Officer Ilan Daskal parted with 56,290 shares on August 31, 2026, at $36.29 per share, totaling $2,042,764. Officer Paul A Mcnab sold 11,032 shares on September 11, 2026, valued at $429,877. Later, Luke Matthew Scrivanich sold another 35,866 shares on September 23, 2026, at $36.24 per share for a total of $1,299,784. None of these transactions were reported under a Rule 10b5-1 trading plan.

Analysts Set New Price Targets

Wall Street firms have kept a close eye on the communications equipment provider. On August 6, 2026, UBS maintained a Neutral rating with a $44 price target, down from its prior target of $60. On the same day, Stifel kept a Buy rating and raised its target from $60 to $65. B. Securities maintained a Buy rating on August 6, 2026, while adjusting its target from $63 to $60. Rosenblatt maintained a Buy rating with a $70 price target on August 19, 2026, and reaffirmed that same $70 target on September 23, 2026. Overall, the stock carries a consensus strong buy rating with a mean price target of $61.43 across seven analyst opinions.

About Viavi Solutions Inc.

Headquartered in Chandler, Arizona, Viavi Solutions builds test, measurement, and optical technology products. Its equipment serves customers in military, aerospace, railway, and first responder communications markets across the globe through its Network and Service Enablement and Optical Security and Performance Products segments.

Bottom Line

Assenagon Asset Management's sizable position increase highlights shifting institutional sentiment heading into the final stretch of the year. Market watchers will look to the November 4, 2026, earnings release for clearer signals on profitability and ongoing demand across Viavi's operating segments.