AudioCodes
AUDC
30 hedge funds and large institutions have $42.3M invested in AudioCodes in 2013 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 5 increasing their positions, 12 reducing their positions, and 11 closing their positions.
20% more call options, than puts
Call options by funds: $126K | Put options by funds: $105K
8% less capital invested
Capital invested by funds: $45.8M → $42.3M (-$3.48M)
9% less funds holding
Funds holding: 33 → 30 (-3)
27% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 11
58% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
Timpani Capital Management
Milwaukee,
Wisconsin
|
+$1.11M |
| 2 |
PG
PEAK6 Group
Chicago,
Illinois
|
+$485K |
| 3 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
+$333K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$251K |
| 5 |
Group One Trading
Chicago,
Illinois
|
+$174K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SM
Senvest Management
New York
|
-$1.84M |
| 2 |
Two Sigma Investments
New York
|
-$1.13M |
| 3 |
Renaissance Technologies
New York
|
-$631K |
| 4 |
CAM
ClariVest Asset Management
San Diego,
California
|
-$627K |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$491K |
AUDC Hedge Fund Activity: Q4 2013 in Review
30 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in AudioCodes (AUDC) for Q4 2013, worth a combined $42.3M — down 7.6% from $45.8M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of AUDC and 8 opened new positions — a net loss of 3 holders — while 12 trimmed existing stakes and 5 added.
The largest buyer was Timpani Capital Management, opening a new position worth an estimated $1.11M. The largest seller was Senvest Management, cutting an estimated $1.84M.
- 30 institutional investors held AudioCodes (AUDC) as of Q4 2013, down from 33 in Q3 2013.
- Funds reported $42.3M of AudioCodes stock for Q4 2013, down 7.6% quarter-over-quarter.
- 8 funds opened new AudioCodes positions in Q4 2013 and 11 closed out, a net change of -3 holders.
- The largest AudioCodes buyer in Q4 2013 was Timpani Capital Management, an estimated $1.11M added.
- The largest AudioCodes seller in Q4 2013 was Senvest Management, an estimated $1.84M sold.
Based on aggregated 13F filings for Q4 2013.