Avanos MedicalAVNS
13F holders, Q2 2024 (June 30)At the end of Q2 2024, 258 institutions reported holding Avanos Medical Inc. (AVNS) in their 13F filings, down 3 from Q1 2024. 32 opened new positions and 39 sold out. The largest holders were BlackRock Inc. ($139.7M), Vanguard Group Inc. ($105.0M) and RGM Capital, LLC ($63.2M). 7 famous investors held it, including David E. Shaw (0.0% of D. E. Shaw & Co.'s portfolio), Joel Greenblatt (0.0% of Gotham Asset Management's portfolio) and Paul Tudor Jones (0.0% of Tudor Investment Corporation's portfolio).
- Company
- Avanos Medical Inc.
- CUSIP
- 05350V106
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q1 2024 → Q2 2024
| Institutions | Total Value | |
|---|---|---|
| New Positions | 32 | $4.3M |
| Exits | 39 | $10.1M |
All 13F filers, Q1 2024 → Q2 2024: 1,336,387 shares bought and 2,424,751 shares sold, net −1,088,364 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 258 holders
| BlackRock Inc. | 0.00% | Reduce -3.4% | 7,011,219 | $139.7M |
| Vanguard Group Inc. | 0.00% | Reduce -2.4% | 5,270,136 | $105.0M |
| RGM Capital, LLC | 2.53% | No change | 3,171,455 | $63.2M |
| Dimensional Fund Advisors LP | 0.01% | Reduce -3.8% | 2,577,635 | $51.3M |
| T. Rowe Price Investment Management, Inc. | 0.03% | Add +15.1% | 2,217,793 | $44.2M |
| Westwood Holdings Group Inc. | 0.34% | Reduce -1.4% | 2,084,117 | $41.5M |
| State Street Corp. | 0.00% | Reduce -7.7% | 1,824,335 | $36.3M |
| Brown Advisory Inc. | 0.04% | Add +19.7% | 1,670,783 | $33.3M |
| William Blair Investment Management, LLC | 0.07% | Reduce -0.3% | 1,419,995 | $28.3M |
| Paradice Investment Management LLC | 4.74% | Add +5.4% | 1,344,949 | $26.8M |
| Geode Capital Management, LLC | 0.00% | Add +2.6% | 1,038,097 | $20.7M |
| Neuberger Berman Group LLC | 0.02% | Add +5.8% | 997,973 | $19.9M |
| Tributary Capital Management, LLC | 1.23% | Add +0.1% | 743,056 | $14.8M |
| Prudential Financial Inc. | 0.02% | Add +11.2% | 621,570 | $12.4M |
| Royal Bank of Canada | 0.00% | Reduce -2.0% | 587,877 | $11.7M |
| Charles Schwab Investment Management Inc. | 0.00% | Reduce -7.3% | 568,228 | $11.3M |
| Northern Trust Corp. | 0.00% | Reduce -3.0% | 496,062 | $9.9M |
| D. E. Shaw & Co. | 0.01% | Add +18.2% | 486,547 | $9.7M |
| Bank of New York Mellon Corp | 0.00% | Reduce -2.3% | 382,184 | $7.6M |
| Morgan Stanley | 0.00% | Reduce -13.2% | 359,098 | $7.2M |
| Bridgeway Capital Management, LLC | 0.16% | Reduce -0.4% | 334,651 | $6.7M |
| Invesco Ltd. | 0.00% | Add +1.2% | 318,823 | $6.4M |
| Ameriprise Financial Inc. | 0.00% | Reduce -23.3% | 304,196 | $6.1M |
| Norges Bank | 0.00% | Reduce -7.9% | 249,440 | $5.0M |
| Franklin Resources Inc. | 0.00% | Reduce -2.4% | 246,989 | $4.9M |
| Principal Financial Group Inc. | 0.00% | Reduce -4.1% | 246,244 | $4.9M |
| Citadel Advisors | 0.00% | Reduce -6.4% | 217,425 | $4.3M |
| Voya Investment Management LLC | 0.00% | Reduce -2.4% | 207,899 | $4.1M |
| Empowered Funds, LLC | 0.07% | Add +7.7% | 191,234 | $3.8M |
| Deutsche Bank AG | 0.00% | Reduce -28.1% | 190,583 | $3.8M |
| Goldman Sachs Group Inc. | 0.00% | Add +9.0% | 177,954 | $3.5M |
| Foundry Partners, LLC | 0.17% | Reduce -1.2% | 161,230 | $3.2M |
| Rhumbline Advisers | 0.00% | Reduce -2.6% | 148,705 | $3.0M |
| Kestrel Investment Management Corp. | 1.91% | No change | 144,450 | $2.9M |
| Two Sigma Advisers, LP | 0.01% | Add +5.9% | 144,400 | $2.9M |
| AQR Capital Management | 0.00% | Add +21.0% | 146,983 | $2.9M |
| Legal & General Group Plc | 0.00% | Reduce -1.9% | 128,448 | $2.6M |
| Nuveen Asset Management, LLC | 0.00% | No change | 128,365 | $2.6M |
| Millennium Management | 0.00% | Reduce -40.8% | 122,786 | $2.4M |
| Envestnet Asset Management Inc. | 0.00% | Reduce -1.4% | 114,169 | $2.3M |
| Two Sigma Investments, LP | 0.01% | Add +29.4% | 103,538 | $2.1M |
| Public Sector Pension Investment Board | 0.01% | Add +6.1% | 100,957 | $2.0M |
| FMR LLC | 0.00% | Reduce -31.0% | 99,423 | $2.0M |
| Arrowstreet Capital, Limited Partnership | 0.00% | Reduce -58.0% | 97,181 | $1.9M |
| Federated Hermes, Inc. | 0.00% | Add +4.2% | 97,097 | $1.9M |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 0.00% | Add +57.0% | 96,857 | $1.9M |
| Swiss National Bank | 0.00% | Reduce -1.5% | 90,900 | $1.8M |
| Wells Fargo & Company | 0.00% | Add +3.0% | 87,639 | $1.7M |
| Public Employees Retirement System of Ohio | 0.01% | Reduce -24.1% | 86,095 | $1.7M |
| American Century Companies Inc. | 0.00% | Add +12.1% | 82,930 | $1.7M |
| Victory Capital Management Inc. | 0.00% | Reduce -22.0% | 77,185 | $1.5M |
| J. Goldman & Co LP | 0.05% | Reduce -16.2% | 72,541 | $1.4M |
| New York State Teachers Retirement System | 0.00% | Reduce -1.3% | 70,906 | $1.4M |
| Algert Global LLC | 0.04% | Add +7.5% | 66,476 | $1.3M |
| Bank of America Corp. | 0.00% | Reduce -7.3% | 66,097 | $1.3M |
| Alliancebernstein L.P. | 0.00% | No change | 65,747 | $1.3M |
| Numerai GP LLC | 0.47% | Reduce -46.4% | 65,249 | $1.3M |
| JPMorgan Chase & Co. | 0.00% | Reduce -48.8% | 65,099 | $1.3M |
| T. Rowe Price Associates Inc. | 0.00% | Add +6.1% | 64,636 | $1.3M |
| ExodusPoint Capital Management, LP | 0.01% | Add +60.3% | 59,642 | $1.2M |
| Martingale Asset Management L P | 0.03% | Reduce -8.6% | 59,463 | $1.2M |
| Russell Investments Group, Ltd. | 0.00% | Add +0.4% | 59,278 | $1.2M |
| AXA S.A. | 0.00% | No change | 58,577 | $1.2M |
| CANADA LIFE ASSURANCE Co | 0.00% | Add +25.7% | 56,773 | $1.1M |
| Cornercap Investment Counsel Inc. | 0.18% | New | 54,071 | $1.1M |
| UBS Group AG | 0.00% | Reduce -32.6% | 53,769 | $1.1M |
| Engineers Gate Manager LP | 0.02% | Reduce -29.5% | 50,135 | $999K |
| Jane Street Group, LLC | 0.00% | Add +270.9% | 48,344 | $963K |
| Voloridge Investment Management, LLC | 0.00% | Reduce -62.2% | 48,145 | $959K |
| California State Teachers Retirement System | 0.00% | Reduce -3.0% | 45,017 | $897K |
| Thrivent Financial for Lutherans | 0.00% | Reduce -5.4% | 38,107 | $759K |
| Qube Research & Technologies Ltd | 0.00% | Reduce -63.3% | 38,002 | $757K |
| Citigroup Inc. | 0.00% | Add +9.9% | 36,828 | $734K |
| State of Wisconsin Investment Board | 0.00% | Reduce -43.9% | 35,536 | $708K |
| Tudor Investment Corporation | 0.01% | Reduce -59.5% | 30,762 | $613K |
| Allianz Asset Management GmbH | 0.00% | No change | 30,700 | $612K |
| State of Tennessee, Department of Treasury | 0.00% | No change | 29,775 | $593K |
| Connor, Clark & Lunn Investment Management Ltd. | 0.00% | Add +40.0% | 28,739 | $572K |
| Kennedy Capital Management LLC | 0.01% | Reduce -0.4% | 28,728 | $572K |
| Azzad Asset Management Inc. | 0.07% | Add +8.4% | 28,521 | $568K |
| MetLife Investment Management, LLC | 0.00% | Add +9.8% | 27,685 | $551K |
| Deerfield Management Company, L.P. | 0.01% | New | 27,654 | $551K |
| Gotham Asset Management | 0.01% | Reduce -19.0% | 27,528 | $548K |
| Trust Point Inc. | 0.04% | Add +5.6% | 27,179 | $541K |
| State of Alaska, Department of Revenue | 0.01% | Reduce -4.8% | 26,952 | $536K |
| Corebridge Financial, Inc. | 0.00% | — | 26,357 | $525K |
| Mackenzie Financial Corp. | 0.00% | Add +51.2% | 25,922 | $516K |
| Illinois Municipal Retirement Fund | 0.01% | Reduce -2.2% | 25,221 | $502K |
| Ensign Peak Advisors, Inc | 0.00% | No change | 23,889 | $476K |
| BNP Paribas Financial Markets | 0.00% | Reduce -55.7% | 23,716 | $472K |
| Associated Banc-Corp | 0.01% | Reduce -12.1% | 23,425 | $467K |
| Louisiana State Employees Retirement System | 0.01% | Add +0.4% | 23,100 | $460K |
| Comerica Bank | 0.00% | Reduce -8.9% | 22,812 | $454K |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 0.00% | — | 22,778 | $454K |
| First National Bank of Omaha | 0.03% | Reduce -8.0% | 22,666 | $452K |
| AlphaQuest LLC | 0.06% | New | 22,267 | $444K |
| North Star Asset Management Inc. | 0.02% | No change | 20,962 | $418K |
| Janus Henderson Group PLC | 0.00% | Reduce -1.1% | 20,707 | $413K |
| Teacher Retirement System of Texas | 0.00% | Reduce -16.0% | 20,409 | $407K |
| Susquehanna International Group, LLP | 0.00% | New | 19,531 | $389K |
| New York State Common Retirement Fund | 0.00% | Reduce -17.4% | 19,190 | $382K |
| Natixis Advisors, LLC | 0.00% | Add +19.5% | 18,878 | $376K |
| Yousif Capital Management, LLC | 0.00% | Reduce -10.9% | 18,780 | $374K |
| Keene & Associates, Inc. | 0.30% | Add +16.1% | 18,635 | $371K |
| Campbell & CO Investment Adviser LLC | 0.03% | Reduce -23.3% | 18,004 | $359K |
| Barclays PLC | 0.00% | Reduce -62.2% | 17,611 | $351K |
| Pitcairn Co. | 0.02% | Add +8.5% | 17,296 | $345K |
| Manufacturers Life Insurance Company, The | 0.00% | Add +3.6% | 17,137 | $341K |
| Caxton Associates LP | 0.01% | Add +13.6% | 17,035 | $339K |
| Petrus Trust Company, LTA | 0.03% | No change | 16,368 | $326K |
| Centiva Capital, LP | 0.02% | New | 16,166 | $322K |
| Bridgewater Associates | 0.00% | Reduce -6.5% | 16,134 | $321K |
| LPL Financial LLC | 0.00% | Add +6.2% | 16,075 | $320K |
| Maryland State Retirement & Pension System | 0.01% | Reduce -4.3% | 16,005 | $319K |
| Teachers Retirement System of the State of Kentucky | 0.00% | No change | 15,456 | $308K |
| Walleye Capital LLC | 0.00% | Reduce -52.8% | 14,703 | $293K |
| Amalgamated Bank | 0.00% | Reduce -0.4% | 13,998 | $279K |
| Quadrature Capital Ltd | 0.00% | Reduce -2.2% | 13,313 | $266K |
| State Board of Administration of Florida Retirement System | 0.00% | Reduce -30.7% | 13,203 | $263K |
| Arizona State Retirement System | 0.00% | Add +1.4% | 12,935 | $258K |
| LSV Asset Management | 0.00% | No change | 12,700 | $253K |
| Magnetar Financial LLC | 0.01% | New | 12,437 | $248K |
| Janney Montgomery Scott LLC | 0.00% | Reduce -6.2% | 12,204 | $243K |
| Trexquant Investment LP | 0.00% | Reduce -40.7% | 12,058 | $240K |
| US Bancorp \de | 0.00% | Add +1.0% | 11,848 | $236K |
| Oregon Public Employees Retirement Fund | 0.00% | Reduce -10.5% | 11,103 | $221K |
| Nebula Research & Development LLC | 0.04% | New | 11,002 | $219K |
| Aquatic Capital Management LLC | 0.01% | New | 11,000 | $219K |
| Lombard Odier Asset Management (USA) Corp | 0.10% | Reduce -67.3% | 10,998 | $219K |
| Y-Intercept (Hong Kong) Ltd | 0.01% | New | 10,436 | $208K |
| XTX Topco Ltd | 0.02% | New | 10,154 | $202K |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 0.00% | No change | 9,627 | $192K |
| Tower Research Capital LLC (TRC) | 0.00% | Add +124.8% | 8,912 | $178K |
| PNC Financial Services Group, Inc. | 0.00% | Reduce -45.4% | 8,131 | $162K |
| Amundi | 0.00% | New | 6,970 | $135K |
| Public Employees Retirement Association of Colorado | 0.00% | No change | 5,846 | $116K |
| CIBC Private Wealth Group LLC | 0.00% | Add +5.6% | 5,412 | $106K |
| STRS Ohio | 0.00% | New | 5,300 | $106K |
| Ameritas Investment Partners, Inc. | 0.00% | No change | 4,598 | $92K |
| Blackhill Capital Inc. | 0.01% | No change | 4,518 | $90K |
| Canada Pension Plan Investment Board | 0.00% | New | 3,500 | $70K |
| Osaic Holdings, Inc. | 0.00% | Reduce -33.1% | 2,511 | $50K |
| State of Wyoming | 0.01% | Add +3.4% | 2,137 | $43K |
| Danske Bank A/S | 0.00% | No change | 2,040 | $41K |
| Nisa Investment Advisors, LLC | 0.00% | Add +0.6% | 2,036 | $41K |
| First Horizon Advisors, Inc. | 0.00% | No change | 1,842 | $37K |
| KBC Group NV | 0.00% | No change | 1,738 | $35K |
| UMB Bank, n.a. | 0.00% | Add +0.6% | 1,282 | $26K |
| Catalyst Funds Management Pty Ltd | 0.01% | Add +1100.0% | 1,200 | $24K |
| Innealta Capital, LLC | 0.01% | New | 1,117 | $22K |
| nVerses Capital, LLC | 0.01% | New | 1,100 | $22K |
| Cwm, LLC | 0.00% | Add +62.0% | 948 | $19K |
| Raffa Wealth Management, LLC | 0.00% | No change | 803 | $16K |
| GAMMA Investing LLC | 0.00% | Add +12.4% | 600 | $12K |
| Quadrant Capital Group LLC | 0.00% | Add +1163.4% | 518 | $10K |
| Key Financial Inc | 0.00% | No change | 492 | $10K |
| North Star Investment Management Corp. | 0.00% | No change | 423 | $8K |
| Allworth Financial LP | 0.00% | Add +1.1% | 374 | $8K |
| Harbour Investments, Inc. | 0.00% | No change | 329 | $7K |
| Covestor Ltd | 0.00% | Add +0.3% | 291 | $6K |
| Private Trust Co. NA | 0.00% | Add +6.8% | 267 | $5K |
| Family Firm, Inc. | 0.00% | New | 249 | $5K |
| Smartleaf Asset Management LLC | 0.00% | New | 248 | $5K |
| Costello Asset Management, INC | 0.00% | No change | 234 | $5K |
| Whittier Trust Co. | 0.00% | Reduce -1.3% | 227 | $5K |
| Northwestern Mutual Wealth Management Co. | 0.00% | Add +26.1% | 222 | $4K |
| Fifth Third Bancorp | 0.00% | Add +69.2% | 220 | $4K |
| Financial Perspectives, Inc | 0.00% | No change | 209 | $4K |
| Larson Financial Group LLC | 0.00% | Add +5100.0% | 208 | $4K |
| Simplex Trading, LLC | 0.00% | Reduce -0.9% | 229 | $4K |
| WealthCollab, LLC | 0.00% | New | 184 | $4K |
| NewEdge Advisors, LLC | 0.00% | No change | 168 | $3K |
| EverSource Wealth Advisors, LLC | 0.00% | No change | 138 | $3K |
| Principal Securities, Inc. | 0.00% | Add +14.2% | 161 | $3K |
| Global Retirement Partners, LLC | 0.00% | Add +2085.7% | 153 | $3K |
| Benjamin F. Edwards & Company, Inc. | 0.00% | No change | 152 | $3K |
| Bessemer Group Inc. | 0.00% | New | 146 | $3K |
| Farther Finance Advisors, LLC | 0.00% | Add +146.3% | 101 | $2K |
| Parallel Advisors, LLC | 0.00% | Reduce -29.6% | 93 | $2K |
| Armstrong Advisory Group, Inc. | 0.00% | No change | 90 | $2K |
| Bartlett & Co. Wealth Management LLC | 0.00% | No change | 87 | $2K |
| Cornerstone Planning Group LLC | 0.00% | Add +380.0% | 72 | $2K |
| AdvisorNet Financial, Inc | 0.00% | Add +166.7% | 80 | $2K |
| TCTC Holdings, LLC | 0.00% | No change | 75 | $1K |
| Arax Advisory Partners | 0.00% | New | 74 | $1K |
| Winch Advisory Services, LLC | 0.00% | No change | 67 | $1K |
| Barrow Hanley Mewhinney & Strauss LLC | 0.00% | New | 67 | $1K |
| Rothschild Investment LLC | 0.00% | Add +8.5% | 64 | $1K |
| Front Row Advisors LLC | 0.00% | No change | 60 | $1K |
| Federation des caisses Desjardins du Quebec | 0.00% | No change | 58 | $1K |
| Sugarloaf Wealth Management, LLC | 0.00% | No change | 54 | $1K |
| Concourse Financial Group Securities, Inc. | 0.00% | Add +194.4% | 53 | $1K |
| Nemes Rush Group LLC | 0.00% | No change | 51 | $1K |
| Smithfield Trust Co | 0.00% | No change | 62 | $1K |
| Beach Investment Counsel Inc. | 0.00% | New | 43 | $1K |
| Archer Investment Corp | 0.00% | No change | 50 | $996 |
| Addison Advisors LLC | 0.00% | No change | 50 | $996 |
| Thurston, Springer, Miller, Herd & Titak, Inc. | 0.00% | No change | 41 | $816 |
| MV Capital Management, Inc. | 0.00% | Reduce -18.4% | 40 | $797 |
| Piscataqua Savings Bank | 0.00% | No change | 40 | $796 |
| LGT Financial Advisors LLC | 0.00% | Reduce -71.9% | 39 | $777 |
| Farmers & Merchants Investments Inc. | 0.00% | No change | 36 | $717 |
| Fortitude Family Office, LLC | 0.00% | New | 31 | $618 |
| Bangor Savings Bank | 0.00% | No change | 31 | $618 |
| Spire Wealth Management | 0.00% | No change | 31 | $618 |
| Tidemark, LLC | 0.00% | No change | 31 | $617 |
| ICA Group Wealth Management, LLC | 0.00% | No change | 30 | $598 |
| Harbor Investment Advisory, LLC | 0.00% | No change | 30 | $598 |
| Private Wealth Management Group, LLC | 0.00% | No change | 29 | $578 |
| EnRich Financial Partners LLC | 0.00% | No change | 29 | $578 |
| ClariVest Asset Management LLC | 0.00% | No change | 27 | $538 |
| Versant Capital Management, Inc | 0.00% | Reduce -95.3% | 26 | $518 |
| Lindbrook Capital, LLC | 0.00% | New | 26 | $518 |
| National Bank of Canada | 0.00% | No change | 26 | $512 |
| Clear Point Advisors Inc. | 0.00% | No change | 25 | $498 |
| Broadwater Capital Management LLC | 0.00% | No change | 25 | $498 |
| IFP Advisors, Inc | 0.00% | No change | 25 | $498 |
| Whittier Trust Co. of Nevada Inc. | 0.00% | No change | 24 | $476 |
| William B. Walkup & Associates, Inc. | 0.00% | — | 23 | $458 |
| FinTrust Capital Advisors, LLC | 0.00% | Add +120.0% | 22 | $439 |
| Signaturefd, LLC | 0.00% | New | 20 | $398 |
| CoreCap Advisors, LLC | 0.00% | No change | 20 | $398 |
| Steward Partners Investment Advisory, LLC | 0.00% | No change | 19 | $378 |
| Rosenberg Matthew Hamilton | 0.00% | No change | 19 | $375 |
| City State Bank | 0.00% | New | 18 | $359 |
| Hobbs Group Advisors, LLC | 0.00% | — | 18 | $359 |
| Glen Eagle Advisors, LLC | 0.00% | No change | 17 | $339 |
| Assetmark, Inc. | 0.00% | New | 17 | $339 |
| Mather Group, Llc. | 0.00% | New | 16 | $319 |
| Anchor Investment Management, LLC | 0.00% | No change | 16 | $319 |
| Global Financial Private Client, LLC | 0.00% | No change | 15 | $299 |
| Beaird Harris Wealth Management, LLC | 0.00% | New | 15 | $299 |
| NFSG Corp | 0.00% | No change | 12 | $239 |
| RFP Financial Group LLC | 0.00% | No change | 12 | $239 |
| Colonial Trust Co / SC | 0.00% | New | 12 | $239 |
| Brown, Lisle/Cummings, Inc. | 0.00% | No change | 11 | $219 |
| Boyd Watterson Asset Management LLC | 0.00% | No change | 11 | $219 |
| Jones Financial Companies LLLP | 0.00% | New | 10 | $199 |
| AllSquare Wealth Management LLC | 0.00% | No change | 9 | $179 |
| Sachetta, LLC | 0.00% | Reduce -50.0% | 7 | $161 |
| Oliver Lagore Vanvalin Investment Group | 0.00% | Reduce -74.2% | 8 | $159 |
| WR Wealth Planners, LLC | 0.00% | No change | 8 | $159 |
| Parkside Financial Bank & Trust | 0.00% | Reduce -22.2% | 7 | $140 |
| Bear Mountain Capital, Inc. | 0.00% | No change | 6 | $126 |
| New England Capital Financial Advisors LLC | 0.00% | No change | 6 | $120 |
| Coppell Advisory Solutions LLC | 0.00% | — | 6 | $120 |
| Zions Bancorporation, N.A. | 0.00% | No change | 5 | $100 |
| CGC Financial Services, LLC | 0.00% | No change | 5 | $100 |
| Horizon Financial Services, LLC | 0.00% | No change | 4 | $80 |
| Creative Financial Designs Inc. | 0.00% | No change | 4 | $80 |
| Voisard Asset Management Group, Inc. | 0.00% | New | 4 | $80 |
| Caldwell Sutter Capital, Inc. | 0.00% | No change | 3 | $60 |
| St Germain D J Co. Inc. | 0.00% | No change | 3 | $60 |
| Johnson Financial Group, Inc. | 0.00% | Reduce -100.0% | 3 | $60 |
| Huntington National Bank | 0.00% | Add +100.0% | 2 | $40 |
| IAG Wealth Partners, LLC | 0.00% | No change | 2 | $40 |
| CKW Financial Group | 0.00% | No change | 12 | $0 |
| Coston, McIsaac & Partners | 0.00% | No change | 13 | $0 |
"% of holder's portfolio" is AVNS's weight in each manager's 13F, not the share of Avanos Medical Inc. the manager owns.