AudioCodes
AUDC
115 hedge funds and large institutions have $403M invested in AudioCodes in 2020 Q3 according to their latest regulatory filings, with 24 funds opening new positions, 37 increasing their positions, 42 reducing their positions, and 25 closing their positions.
1% less funds holding
Funds holding: 116 → 115 (-1)
4% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 25
5% less call options, than puts
Call options by funds: $37.2M | Put options by funds: $39M
3.15% less ownership
Funds ownership: 41.59% → 38.44% (-3.1%)
9% less capital invested
Capital invested by funds: $444M → $403M (-$41.6M)
12% less repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 42
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Copeland Capital Management
Conshohocken,
Pennsylvania
|
+$33.5M |
| 2 |
MMH
Menora Mivtachim Holdings
Ramat Gan,
Israel
|
+$10.4M |
| 3 |
PF
Phoenix Financial
Givatayim,
Israel
|
+$7M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$4.16M |
| 5 |
GACM
Global Alpha Capital Management
Montreal,
Quebec, Canada
|
+$3.63M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$16.1M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
-$14.2M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$12.9M |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
-$10M |
| 5 |
EGI
EAM Global Investors
Solana Beach,
California
|
-$5.28M |
AUDC Hedge Fund Activity: Q3 2020 in Review
115 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in AudioCodes (AUDC) for Q3 2020, worth a combined $403M — down 9.4% from $444M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of AUDC and 24 opened new positions — a net loss of 1 holder — while 42 trimmed existing stakes and 37 added.
The largest buyer was Copeland Capital Management, adding an estimated $33.5M. The largest seller was Arrowstreet Capital, exiting entirely with an estimated $16.1M sold.
- 115 institutional investors held AudioCodes (AUDC) as of Q3 2020, down from 116 in Q2 2020.
- Funds reported $403M of AudioCodes stock for Q3 2020, down 9.4% quarter-over-quarter.
- 24 funds opened new AudioCodes positions in Q3 2020 and 25 closed out, a net change of -1 holder.
- The largest AudioCodes buyer in Q3 2020 was Copeland Capital Management, an estimated $33.5M added.
- The largest AudioCodes seller in Q3 2020 was Arrowstreet Capital, an estimated $16.1M sold.
Based on aggregated 13F filings for Q3 2020.