AudioCodes
AUDC
45 hedge funds and large institutions have $44.8M invested in AudioCodes in 2017 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 14 increasing their positions, 13 reducing their positions, and 6 closing their positions.
8% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 13
1.97% less ownership
Funds ownership: 25.5% → 23.52% (-2%)
6% less funds holding
Funds holding: 48 → 45 (-3)
21% less capital invested
Capital invested by funds: $56.8M → $44.8M (-$11.9M)
33% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$697K |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
+$369K |
| 3 |
CCIA
Campbell & Co Investment Adviser
Baltimore,
Maryland
|
+$102K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$94.5K |
| 5 |
VKH
Virtu KCG Holdings
New York
|
+$80.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIAN
Mariner Independent Advisor Network
Overland Park,
Kansas
|
-$2.03M |
| 2 |
MCM
McKinley Capital Management
Anchorage,
Alaska
|
-$937K |
| 3 |
Renaissance Technologies
New York
|
-$798K |
| 4 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$723K |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$576K |
AUDC Hedge Fund Activity: Q2 2017 in Review
45 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in AudioCodes (AUDC) for Q2 2017, worth a combined $44.8M — down 21% from $56.8M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of AUDC and 4 opened new positions — a net loss of 2 holders — while 13 trimmed existing stakes and 14 added.
The largest buyer was Morgan Stanley, adding an estimated $697K. The largest seller was Mariner Independent Advisor Network, exiting entirely with an estimated $2.03M sold.
- 45 institutional investors held AudioCodes (AUDC) as of Q2 2017, down from 48 in Q1 2017.
- Funds reported $44.8M of AudioCodes stock for Q2 2017, down 21% quarter-over-quarter.
- 4 funds opened new AudioCodes positions in Q2 2017 and 6 closed out, a net change of -2 holders.
- The largest AudioCodes buyer in Q2 2017 was Morgan Stanley, an estimated $697K added.
- The largest AudioCodes seller in Q2 2017 was Mariner Independent Advisor Network, an estimated $2.03M sold.
Based on aggregated 13F filings for Q2 2017.