Avid Technology Inc
AVID
AVID was delisted on the 6th of November, 2023.
85 hedge funds and large institutions have $234M invested in Avid Technology Inc in 2016 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 31 increasing their positions, 24 reducing their positions, and 15 closing their positions.
29% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 24
3% less funds holding
Funds holding: 88 → 85 (-3)
10% less capital invested
Capital invested by funds: $260M → $234M (-$25.3M)
20% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 15
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECM
Engine Capital Management
New York
|
+$4.51M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$2.43M |
| 3 |
PCMF
Private Capital Management (Florida)
Naples,
Florida
|
+$2.43M |
| 4 |
RFC
Russell Frank Company
Seattle,
Washington
|
+$2.03M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.81M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Cannell Capital
Alta,
Wyoming
|
-$9.88M |
| 2 |
NC
Nokomis Capital
Dallas,
Texas
|
-$4.68M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$3.81M |
| 4 |
VDBMI
Van Den Berg Management I
Austin,
Texas
|
-$3.02M |
| 5 |
TSW
Thompson Siegel & Walmsley
Richmond,
Virginia
|
-$2.08M |
AVID Hedge Fund Activity: Q1 2016 in Review
85 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Avid Technology Inc (AVID) for Q1 2016, worth a combined $234M — down 9.7% from $260M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of AVID and 12 opened new positions — a net loss of 3 holders — while 24 trimmed existing stakes and 31 added.
The largest buyer was Engine Capital Management, adding an estimated $4.51M. The largest seller was Cannell Capital, exiting entirely with an estimated $9.88M sold.
- 85 institutional investors held Avid Technology Inc (AVID) as of Q1 2016, down from 88 in Q4 2015.
- Funds reported $234M of Avid Technology Inc stock for Q1 2016, down 9.7% quarter-over-quarter.
- 12 funds opened new Avid Technology Inc positions in Q1 2016 and 15 closed out, a net change of -3 holders.
- The largest Avid Technology Inc buyer in Q1 2016 was Engine Capital Management, an estimated $4.51M added.
- The largest Avid Technology Inc seller in Q1 2016 was Cannell Capital, an estimated $9.88M sold.
Based on aggregated 13F filings for Q1 2016.