AudioCodes
AUDC
48 hedge funds and large institutions have $56.8M invested in AudioCodes in 2017 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 10 increasing their positions, 15 reducing their positions, and 10 closing their positions.
15% more capital invested
Capital invested by funds: $49.2M → $56.8M (+$7.57M)
10% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 10
2.08% more ownership
Funds ownership: 23.41% → 25.5% (+2.1%)
0% more funds holding
Funds holding: 48 → 48 (0)
33% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIAN
Mariner Independent Advisor Network
Overland Park,
Kansas
|
+$1.93M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$1.7M |
| 3 |
Morgan Stanley
New York
|
+$1.21M |
| 4 |
Two Sigma Investments
New York
|
+$732K |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
+$680K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SM
Senvest Management
New York
|
-$1.44M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$512K |
| 3 |
Goldman Sachs
New York
|
-$471K |
| 4 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$459K |
| 5 |
Millennium Management
New York
|
-$377K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TI
51
Trexquant Investment
Stamford,
Connecticut
| – | -$130K | -20,500 | Closed |
|
52
Verition Fund Management
Greenwich,
Connecticut
| – | -$84K | -13,300 | Closed |
|
|
HIIFS
53
Harel Insurance Investments & Financial Services
Ramat Gan,
Israel
| – | -$82K | -12,919 | Closed |
|
|
DTL
54
Dynamic Technology Lab
Singapore
| – | -$68K | -10,645 | Closed |
|
|
TDC
55
Thompson Davis & Co
Richmond,
Virginia
| – | -$40K | -6,300 | Closed |
|
|
PMFA
56
Plante Moran Financial Advisors
Southfield,
Michigan
| – | -$9K | -1,400 | Closed |
|
|
AG
57
Advisor Group
Phoenix,
Arizona
| – | +$213 | +32 | New |
|
AUDC Hedge Fund Activity: Q1 2017 in Review
48 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in AudioCodes (AUDC) for Q1 2017, worth a combined $56.8M — up 15% from $49.2M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new AUDC positions and 10 closed out — a net gain of 1 holder — while 10 added to existing stakes and 15 trimmed.
The largest buyer was Mariner Independent Advisor Network, opening a new position worth an estimated $1.93M. The largest seller was Senvest Management, cutting an estimated $1.44M.
- 48 institutional investors held AudioCodes (AUDC) as of Q1 2017, unchanged from Q4 2016.
- Funds reported $56.8M of AudioCodes stock for Q1 2017, up 15% quarter-over-quarter.
- 11 funds opened new AudioCodes positions in Q1 2017 and 10 closed out, a net change of +1 holder.
- The largest AudioCodes buyer in Q1 2017 was Mariner Independent Advisor Network, an estimated $1.93M added.
- The largest AudioCodes seller in Q1 2017 was Senvest Management, an estimated $1.44M sold.
Based on aggregated 13F filings for Q1 2017.