AudioCodes
AUDC
116 hedge funds and large institutions have $444M invested in AudioCodes in 2020 Q2 according to their latest regulatory filings, with 37 funds opening new positions, 38 increasing their positions, 33 reducing their positions, and 21 closing their positions.
76% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 21
36% more capital invested
Capital invested by funds: $327M → $444M (+$117M)
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
16% more funds holding
Funds holding: 100 → 116 (+16)
15% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 33
1% more call options, than puts
Call options by funds: $51.9M | Put options by funds: $51.6M
1.96% less ownership
Funds ownership: 43.56% → 41.59% (-2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$49.2M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$15.3M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$12M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$9.55M |
| 5 |
HIIFS
Harel Insurance Investments & Financial Services
Ramat Gan,
Israel
|
+$6.22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$35.2M |
| 2 |
OAM
Oberweis Asset Management
Lisle,
Illinois
|
-$23.6M |
| 3 |
TI
Trigran Investments
Northbrook,
Illinois
|
-$17.2M |
| 4 |
PF
Phoenix Financial
Givatayim,
Israel
|
-$11.6M |
| 5 |
PCM
Penserra Capital Management
Orinda,
California
|
-$5.69M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SI
126
Stephens Inc
Little Rock,
Arkansas
| – | -$361K | -15,115 | Closed |
|
|
DCM
127
Driehaus Capital Management
Chicago,
Illinois
| – | -$348K | -14,582 | Closed |
|
128
New York State Common Retirement Fund
Albany,
New York
| – | -$259K | -10,840 | Closed |
|
129
Wolverine Trading
Chicago,
Illinois
| – | -$308K | -10,027 | Closed |
|
|
FC
130
FORA Capital
Miami,
Florida
| – | -$54K | -2,276 | Closed |
|
|
CAN
131
Claraphi Advisory Network
Aliso Viejo,
United States
| – | -$16K | -653 | Closed |
|
|
QT
132
Quantbot Technologies
New York
| – | -$8K | -338 | Closed |
|
|
NFG
133
Next Financial Group
Houston,
Texas
| – | -$5K | -200 | Closed |
|
|
FGAM
134
Financial Gravity Asset Management
Lakeway,
Texas
| – | -$3.42K | -143 | Closed |
|
135
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$1K | -50 | Closed |
|
136
Fidelity Investments
Boston,
Massachusetts
| – | +$61 | +2 | New |
|
AUDC Hedge Fund Activity: Q2 2020 in Review
116 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in AudioCodes (AUDC) for Q2 2020, worth a combined $444M — up 36% from $327M a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new AUDC positions and 21 closed out — a net gain of 16 holders — while 38 added to existing stakes and 33 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $49.2M. The largest seller was Deutsche Bank, cutting an estimated $35.2M.
- 116 institutional investors held AudioCodes (AUDC) as of Q2 2020, up from 100 in Q1 2020.
- Funds reported $444M of AudioCodes stock for Q2 2020, up 36% quarter-over-quarter.
- 37 funds opened new AudioCodes positions in Q2 2020 and 21 closed out, a net change of +16 holders.
- The largest AudioCodes buyer in Q2 2020 was Morgan Stanley, an estimated $49.2M added.
- The largest AudioCodes seller in Q2 2020 was Deutsche Bank, an estimated $35.2M sold.
Based on aggregated 13F filings for Q2 2020.