AudioCodes
AUDC
29 hedge funds and large institutions have $23.2M invested in AudioCodes in 2014 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 7 increasing their positions, 10 reducing their positions, and 13 closing their positions.
22% less funds holding
Funds holding: 37 → 29 (-8)
30% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 10
54% less capital invested
Capital invested by funds: $50.8M → $23.2M (-$27.5M)
62% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 13
67% less call options, than puts
Call options by funds: $62K | Put options by funds: $189K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$212K |
| 2 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$95.9K |
| 3 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$72.5K |
| 4 |
VKH
Virtu KCG Holdings
New York
|
+$72.3K |
| 5 |
U
UBS
Zurich,
Switzerland
|
+$45.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
-$5.77M |
| 2 |
New York State Common Retirement Fund
Albany,
New York
|
-$3.26M |
| 3 |
Norges Bank
Oslo,
Norway
|
-$2.77M |
| 4 |
TCM
Timpani Capital Management
Milwaukee,
Wisconsin
|
-$2.52M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$815K |
AUDC Hedge Fund Activity: Q3 2014 in Review
29 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in AudioCodes (AUDC) for Q3 2014, worth a combined $23.2M — down 54% from $50.8M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of AUDC and 5 opened new positions — a net loss of 8 holders — while 10 trimmed existing stakes and 7 added.
The largest buyer was PNC Financial Services Group, adding an estimated $212K. The largest seller was Systematic Financial Management, exiting entirely with an estimated $5.77M sold.
- 29 institutional investors held AudioCodes (AUDC) as of Q3 2014, down from 37 in Q2 2014.
- Funds reported $23.2M of AudioCodes stock for Q3 2014, down 54% quarter-over-quarter.
- 5 funds opened new AudioCodes positions in Q3 2014 and 13 closed out, a net change of -8 holders.
- The largest AudioCodes buyer in Q3 2014 was PNC Financial Services Group, an estimated $212K added.
- The largest AudioCodes seller in Q3 2014 was Systematic Financial Management, an estimated $5.77M sold.
Based on aggregated 13F filings for Q3 2014.