AudioCodes
AUDC
109 hedge funds and large institutions have $345M invested in AudioCodes in 2022 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 40 increasing their positions, 37 reducing their positions, and 20 closing their positions.
8% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 37
0.2% less ownership
Funds ownership: 41.54% → 41.34% (-0.2%)
5% less funds holding
Funds holding: 115 → 109 (-6)
25% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 20
27% less capital invested
Capital invested by funds: $472M → $345M (-$127M)
62% less call options, than puts
Call options by funds: $429K | Put options by funds: $1.12M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$7.07M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$6.98M |
| 3 |
LAM
Lapides Asset Management
Greenwich,
Connecticut
|
+$4.39M |
| 4 |
GACM
Global Alpha Capital Management
Montreal,
Quebec, Canada
|
+$2.7M |
| 5 |
Renaissance Technologies
New York
|
+$2.11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$11.7M |
| 2 |
Norges Bank
Oslo,
Norway
|
-$2.64M |
| 3 |
ACA
Aptus Capital Advisors
Fairhope,
Alabama
|
-$2.56M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$1.73M |
| 5 |
Two Sigma Investments
New York
|
-$1.71M |
AUDC Hedge Fund Activity: Q1 2022 in Review
109 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in AudioCodes (AUDC) for Q1 2022, worth a combined $345M — down 27% from $472M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of AUDC and 15 opened new positions — a net loss of 5 holders — while 37 trimmed existing stakes and 40 added.
The largest buyer was Millennium Management, adding an estimated $7.07M. The largest seller was Fidelity Investments, cutting an estimated $11.7M.
- 109 institutional investors held AudioCodes (AUDC) as of Q1 2022, down from 115 in Q4 2021.
- Funds reported $345M of AudioCodes stock for Q1 2022, down 27% quarter-over-quarter.
- 15 funds opened new AudioCodes positions in Q1 2022 and 20 closed out, a net change of -5 holders.
- The largest AudioCodes buyer in Q1 2022 was Millennium Management, an estimated $7.07M added.
- The largest AudioCodes seller in Q1 2022 was Fidelity Investments, an estimated $11.7M sold.
Based on aggregated 13F filings for Q1 2022.