AudioCodes
AUDC
37 hedge funds and large institutions have $50.8M invested in AudioCodes in 2014 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 9 increasing their positions, 17 reducing their positions, and 15 closing their positions.
51% more call options, than puts
Call options by funds: $658K | Put options by funds: $437K
16% less capital invested
Capital invested by funds: $60.5M → $50.8M (-$9.7M)
24% less funds holding
Funds holding: 49 → 37 (-12)
47% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 17
80% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
I2I
Insight 2811 Inc
Chicago,
Illinois
|
+$397K |
| 2 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
+$355K |
| 3 |
VDBMI
Van Den Berg Management I
Austin,
Texas
|
+$101K |
| 4 |
PG
PEAK6 Group
Chicago,
Illinois
|
+$83.9K |
| 5 |
VanEck Associates
New York
|
+$35.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GP
Grow Partners
San Diego,
California
|
-$3.63M |
| 2 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
-$2.04M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$383K |
| 4 |
Two Sigma Advisers
New York
|
-$363K |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$316K |
AUDC Hedge Fund Activity: Q2 2014 in Review
37 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in AudioCodes (AUDC) for Q2 2014, worth a combined $50.8M — down 16% from $60.5M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of AUDC and 3 opened new positions — a net loss of 12 holders — while 17 trimmed existing stakes and 9 added.
The largest buyer was Insight 2811 Inc, adding an estimated $397K. The largest seller was Grow Partners, exiting entirely with an estimated $3.63M sold.
- 37 institutional investors held AudioCodes (AUDC) as of Q2 2014, down from 49 in Q1 2014.
- Funds reported $50.8M of AudioCodes stock for Q2 2014, down 16% quarter-over-quarter.
- 3 funds opened new AudioCodes positions in Q2 2014 and 15 closed out, a net change of -12 holders.
- The largest AudioCodes buyer in Q2 2014 was Insight 2811 Inc, an estimated $397K added.
- The largest AudioCodes seller in Q2 2014 was Grow Partners, an estimated $3.63M sold.
Based on aggregated 13F filings for Q2 2014.