AudioCodes
AUDC
96 hedge funds and large institutions have $220M invested in AudioCodes in 2023 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 45 increasing their positions, 24 reducing their positions, and 14 closing their positions.
88% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 24
0.67% more ownership
Funds ownership: 45.54% → 46.2% (+0.67%)
3% less funds holding
Funds holding: 99 → 96 (-3)
14% less capital invested
Capital invested by funds: $255M → $220M (-$35.6M)
14% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 14
78% less call options, than puts
Call options by funds: $194K | Put options by funds: $894K
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ER
EVR Research
Richmond,
Virginia
|
+$5.78M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$3.72M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
+$2.73M |
| 4 |
GACM
Global Alpha Capital Management
Montreal,
Quebec, Canada
|
+$2.53M |
| 5 |
CCM
Copeland Capital Management
Conshohocken,
Pennsylvania
|
+$2.32M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIH
Meitav Investment House
Bene-Beraq,
Israel
|
-$18.6M |
| 2 |
PF
Phoenix Financial
Givatayim,
Israel
|
-$3.85M |
| 3 |
Millennium Management
New York
|
-$2.25M |
| 4 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$1.59M |
| 5 |
Russell Investments Group
London,
United Kingdom
|
-$606K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
OQS
101
Occudo Quantitative Strategies
Fort Lauderdale,
Florida
| – | -$185K | -10,349 | Closed |
|
102
Squarepoint
New York
| – | -$182K | -10,181 | Closed |
|
103
Walleye Trading
New York
| – | -$160K | -8,935 | Closed |
|
|
GGI
104
Godsey & Gibb Inc
Richmond,
Virginia
| – | -$35.8K | -2,000 | Closed |
|
|
EDRH
105
Edmond de Rothschild Holding
Chambesy,
Switzerland
| – | -$28.2K | -1,600 | Closed |
|
|
CS
106
Comerica Securities
Detroit,
Michigan
| – | -$12.3K | -685 | Closed |
|
|
IA
107
IFP Advisors
Tampa,
Florida
| – | -$5K | -304 | Closed |
|
|
BTI
108
Blue Trust Inc
Alpharetta,
Georgia
| – | -$1K | -43 | Closed |
|
|
FGAM
109
Financial Gravity Asset Management
Lakeway,
Texas
| – | -$868 | -18 | Closed |
|
AUDC Hedge Fund Activity: Q1 2023 in Review
96 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in AudioCodes (AUDC) for Q1 2023, worth a combined $220M — down 14% from $255M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of AUDC and 12 opened new positions — a net loss of 2 holders — while 24 trimmed existing stakes and 45 added.
The largest buyer was EVR Research, adding an estimated $5.78M. The largest seller was Meitav Investment House, cutting an estimated $18.6M.
- 96 institutional investors held AudioCodes (AUDC) as of Q1 2023, down from 99 in Q4 2022.
- Funds reported $220M of AudioCodes stock for Q1 2023, down 14% quarter-over-quarter.
- 12 funds opened new AudioCodes positions in Q1 2023 and 14 closed out, a net change of -2 holders.
- The largest AudioCodes buyer in Q1 2023 was EVR Research, an estimated $5.78M added.
- The largest AudioCodes seller in Q1 2023 was Meitav Investment House, an estimated $18.6M sold.
Based on aggregated 13F filings for Q1 2023.