AudioCodes
AUDC
94 hedge funds and large institutions have $143M invested in AudioCodes in 2023 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 40 increasing their positions, 24 reducing their positions, and 20 closing their positions.
67% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 24
3.18% more ownership
Funds ownership: 46.2% → 49.38% (+3.2%)
5% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 20
2% less funds holding
Funds holding: 96 → 94 (-2)
35% less capital invested
Capital invested by funds: $220M → $143M (-$76.3M)
90% less call options, than puts
Call options by funds: $51K | Put options by funds: $524K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$12.9M |
| 2 |
SM
Senvest Management
New York
|
+$9.64M |
| 3 |
Walleye Capital
New York
|
+$5M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$2.46M |
| 5 |
D.E. Shaw & Co
New York
|
+$1.81M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GACM
Global Alpha Capital Management
Montreal,
Quebec, Canada
|
-$31.9M |
| 2 |
ER
EVR Research
Richmond,
Virginia
|
-$6.02M |
| 3 |
CIC
Crawford Investment Counsel
Atlanta,
Georgia
|
-$3.86M |
| 4 |
NIG
NFJ Investment Group
Dallas,
Texas
|
-$3.54M |
| 5 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
-$1.27M |
AUDC Hedge Fund Activity: Q2 2023 in Review
94 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in AudioCodes (AUDC) for Q2 2023, worth a combined $143M — down 35% from $220M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of AUDC and 19 opened new positions — a net loss of 1 holder — while 24 trimmed existing stakes and 40 added.
The largest buyer was Morgan Stanley, adding an estimated $12.9M. The largest seller was Global Alpha Capital Management, exiting entirely with an estimated $31.9M sold.
- 94 institutional investors held AudioCodes (AUDC) as of Q2 2023, down from 96 in Q1 2023.
- Funds reported $143M of AudioCodes stock for Q2 2023, down 35% quarter-over-quarter.
- 19 funds opened new AudioCodes positions in Q2 2023 and 20 closed out, a net change of -1 holder.
- The largest AudioCodes buyer in Q2 2023 was Morgan Stanley, an estimated $12.9M added.
- The largest AudioCodes seller in Q2 2023 was Global Alpha Capital Management, an estimated $31.9M sold.
Based on aggregated 13F filings for Q2 2023.