AudioCodes
AUDC
84 hedge funds and large institutions have $130M invested in AudioCodes in 2023 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 16 increasing their positions, 41 reducing their positions, and 24 closing their positions.
8.11% less ownership
Funds ownership: 49.38% → 41.27% (-8.1%)
9% less capital invested
Capital invested by funds: $143M → $130M (-$13.6M)
11% less funds holding
Funds holding: 94 → 84 (-10)
38% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 24
61% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 41
91% less call options, than puts
Call options by funds: $10K | Put options by funds: $108K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SM
Senvest Management
New York
|
+$16.2M |
| 2 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
+$5.67M |
| 3 |
ICM
Invenomic Capital Management
Boston,
Massachusetts
|
+$2.42M |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$1.28M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
+$1.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Copeland Capital Management
Conshohocken,
Pennsylvania
|
-$11.4M |
| 2 |
Morgan Stanley
New York
|
-$11.2M |
| 3 |
PF
Phoenix Financial
Givatayim,
Israel
|
-$6.85M |
| 4 |
MMH
Menora Mivtachim Holdings
Ramat Gan,
Israel
|
-$5.5M |
| 5 |
Goldman Sachs
New York
|
-$2.95M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Simplex Trading
Chicago,
Illinois
| – | -$5.54K | -536 | -92% |
|
102
Group One Trading
Chicago,
Illinois
| – | -$4.32K | -473 | Closed |
|
|
AAP
103
Arax Advisory Partners
Denver,
Colorado
| – | -$2.33K | -255 | Closed |
|
|
CPG
104
Cornerstone Planning Group
Fairfield,
New Jersey
| – | -$1.32K | -145 | Closed |
|
105
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$365 | -40 | Closed |
|
|
EWA
106
EverSource Wealth Advisors
Birmingham,
Alabama
| – | -$265 | -29 | Closed |
|
107
Barclays
London,
United Kingdom
| – | -$128 | -14 | Closed |
|
|
FGAM
108
Financial Gravity Asset Management
Lakeway,
Texas
| – | -$73 | -9 | Closed |
|
AUDC Hedge Fund Activity: Q3 2023 in Review
84 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in AudioCodes (AUDC) for Q3 2023, worth a combined $130M — down 9.5% from $143M a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of AUDC and 15 opened new positions — a net loss of 9 holders — while 41 trimmed existing stakes and 16 added.
The largest buyer was Senvest Management, adding an estimated $16.2M. The largest seller was Copeland Capital Management, exiting entirely with an estimated $11.4M sold.
- 84 institutional investors held AudioCodes (AUDC) as of Q3 2023, down from 94 in Q2 2023.
- Funds reported $130M of AudioCodes stock for Q3 2023, down 9.5% quarter-over-quarter.
- 15 funds opened new AudioCodes positions in Q3 2023 and 24 closed out, a net change of -9 holders.
- The largest AudioCodes buyer in Q3 2023 was Senvest Management, an estimated $16.2M added.
- The largest AudioCodes seller in Q3 2023 was Copeland Capital Management, an estimated $11.4M sold.
Based on aggregated 13F filings for Q3 2023.