AudioCodes
AUDC
48 hedge funds and large institutions have $49.2M invested in AudioCodes in 2016 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 17 increasing their positions, 12 reducing their positions, and 7 closing their positions.
57% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 7
42% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 12
39% more capital invested
Capital invested by funds: $35.5M → $49.2M (+$13.7M)
23.41% more ownership
Funds ownership: 0% → 23.41% (+23%)
9% more funds holding
Funds holding: 44 → 48 (+4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$2.7M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
+$2.53M |
| 3 |
Renaissance Technologies
New York
|
+$829K |
| 4 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$635K |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$564K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SM
Senvest Management
New York
|
-$1.42M |
| 2 |
LCM
Laurion Capital Management
New York
|
-$1.25M |
| 3 |
SFM
Soros Fund Management
New York
|
-$570K |
| 4 |
Goldman Sachs
New York
|
-$206K |
| 5 |
VKH
Virtu KCG Holdings
New York
|
-$179K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Invesco
Atlanta,
Georgia
| – | -$68K | -12,671 | Closed |
|
|
CG
52
Cutler Group
San Francisco,
California
| – | -$30K | -5,770 | Closed |
|
53
Citigroup
New York
| – | -$12K | -2,212 | Closed |
|
54
Group One Trading
Chicago,
Illinois
| – | -$11.6K | -2,000 | Closed |
|
55
Barclays
London,
United Kingdom
| – | -$6 | -1 | -6% |
|
AUDC Hedge Fund Activity: Q4 2016 in Review
48 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in AudioCodes (AUDC) for Q4 2016, worth a combined $49.2M — up 39% from $35.5M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new AUDC positions and 7 closed out — a net gain of 4 holders — while 17 added to existing stakes and 12 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $2.7M. The largest seller was Senvest Management, cutting an estimated $1.42M.
- 48 institutional investors held AudioCodes (AUDC) as of Q4 2016, up from 44 in Q3 2016.
- Funds reported $49.2M of AudioCodes stock for Q4 2016, up 39% quarter-over-quarter.
- 11 funds opened new AudioCodes positions in Q4 2016 and 7 closed out, a net change of +4 holders.
- The largest AudioCodes buyer in Q4 2016 was Morgan Stanley, an estimated $2.7M added.
- The largest AudioCodes seller in Q4 2016 was Senvest Management, an estimated $1.42M sold.
Based on aggregated 13F filings for Q4 2016.