AudioCodes
AUDC
100 hedge funds and large institutions have $327M invested in AudioCodes in 2020 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 34 increasing their positions, 36 reducing their positions, and 30 closing their positions.
15% more capital invested
Capital invested by funds: $285M → $327M (+$42.4M)
7.75% more ownership
Funds ownership: 35.81% → 43.56% (+7.7%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
2% less call options, than puts
Call options by funds: $29.6M | Put options by funds: $30.1M
6% less repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 36
12% less funds holding
Funds holding: 114 → 100 (-14)
40% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 30
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$27.7M |
| 2 |
GACM
Global Alpha Capital Management
Montreal,
Quebec, Canada
|
+$21.5M |
| 3 |
PF
Phoenix Financial
Givatayim,
Israel
|
+$17.7M |
| 4 |
TI
Trigran Investments
Northbrook,
Illinois
|
+$16.7M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
+$8.38M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$30.8M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$9.59M |
| 3 |
EGI
EAM Global Investors
Solana Beach,
California
|
-$7.45M |
| 4 |
JP Morgan Chase
New York
|
-$4.03M |
| 5 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
-$3.06M |
AUDC Hedge Fund Activity: Q1 2020 in Review
100 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in AudioCodes (AUDC) for Q1 2020, worth a combined $327M — up 15% from $285M a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of AUDC and 18 opened new positions — a net loss of 12 holders — while 36 trimmed existing stakes and 34 added.
The largest buyer was Deutsche Bank, adding an estimated $27.7M. The largest seller was Morgan Stanley, cutting an estimated $30.8M.
- 100 institutional investors held AudioCodes (AUDC) as of Q1 2020, down from 114 in Q4 2019.
- Funds reported $327M of AudioCodes stock for Q1 2020, up 15% quarter-over-quarter.
- 18 funds opened new AudioCodes positions in Q1 2020 and 30 closed out, a net change of -12 holders.
- The largest AudioCodes buyer in Q1 2020 was Deutsche Bank, an estimated $27.7M added.
- The largest AudioCodes seller in Q1 2020 was Morgan Stanley, an estimated $30.8M sold.
Based on aggregated 13F filings for Q1 2020.