AudioCodes
AUDC
118 hedge funds and large institutions have $326M invested in AudioCodes in 2020 Q4 according to their latest regulatory filings, with 25 funds opening new positions, 38 increasing their positions, 40 reducing their positions, and 22 closing their positions.
14% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 22
3% more funds holding
Funds holding: 115 → 118 (+3)
5% less repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 40
2.19% less ownership
Funds ownership: 38.44% → 36.26% (-2.2%)
19% less capital invested
Capital invested by funds: $403M → $326M (-$77.1M)
34% less call options, than puts
Call options by funds: $4.9M | Put options by funds: $7.38M
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFM
Sphera Funds Management
Tel Aviv,
Israel
|
+$12.6M |
| 2 |
MMH
Menora Mivtachim Holdings
Ramat Gan,
Israel
|
+$8.67M |
| 3 |
Millennium Management
New York
|
+$6.55M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$4.28M |
| 5 |
Two Sigma Investments
New York
|
+$3.43M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
American Century Companies
Kansas City,
Missouri
|
-$16.1M |
| 2 |
OAM
Oberweis Asset Management
Lisle,
Illinois
|
-$14.7M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$8.69M |
| 4 |
CM
Castleark Management
Chicago,
Illinois
|
-$5.86M |
| 5 |
HIIFS
Harel Insurance Investments & Financial Services
Ramat Gan,
Israel
|
-$4.45M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SEC
126
Seven Eight Capital
New York
| – | -$459K | -14,601 | Closed |
|
|
TI
127
Trexquant Investment
Stamford,
Connecticut
| – | -$426K | -13,542 | Closed |
|
128
First Trust Advisors
Wheaton,
Illinois
| – | -$422K | -13,400 | Closed |
|
|
SFI
129
Susquehanna Fundamental Investments
Bala Cynwyd,
Pennsylvania
| – | -$343K | -10,900 | Closed |
|
|
OR
130
Olympiad Research
Stamford,
Connecticut
| – | -$243K | -7,714 | Closed |
|
|
RWM
131
Ritholtz Wealth Management
New York
| – | -$215K | -6,831 | Closed |
|
132
Neuberger Berman Group
New York
| – | -$207K | -6,570 | Closed |
|
133
State of Wisconsin Investment Board
Madison,
Wisconsin
| – | -$208K | -6,535 | Closed |
|
|
CG
134
Cutler Group
San Francisco,
California
| – | -$46.2K | -1,577 | Closed |
|
|
FC
135
FORA Capital
Miami,
Florida
| – | -$37K | -1,183 | Closed |
|
|
FHA
136
Flagship Harbor Advisors
Boston,
Massachusetts
| – | -$14K | -475 | Closed |
|
137
BlackRock
New York
| – | -$13K | -426 | Closed |
|
|
FGAM
138
Financial Gravity Asset Management
Lakeway,
Texas
| – | +$59 | +2 | New |
|
AUDC Hedge Fund Activity: Q4 2020 in Review
118 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in AudioCodes (AUDC) for Q4 2020, worth a combined $326M — down 19% from $403M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new AUDC positions and 22 closed out — a net gain of 3 holders — while 38 added to existing stakes and 40 trimmed.
The largest buyer was Sphera Funds Management, opening a new position worth an estimated $12.6M. The largest seller was American Century Companies, exiting entirely with an estimated $16.1M sold.
- 118 institutional investors held AudioCodes (AUDC) as of Q4 2020, up from 115 in Q3 2020.
- Funds reported $326M of AudioCodes stock for Q4 2020, down 19% quarter-over-quarter.
- 25 funds opened new AudioCodes positions in Q4 2020 and 22 closed out, a net change of +3 holders.
- The largest AudioCodes buyer in Q4 2020 was Sphera Funds Management, an estimated $12.6M added.
- The largest AudioCodes seller in Q4 2020 was American Century Companies, an estimated $16.1M sold.
Based on aggregated 13F filings for Q4 2020.