Avid Technology Inc
AVID
AVID was delisted on the 6th of November, 2023.
157 hedge funds and large institutions have $1.01B invested in Avid Technology Inc in 2023 Q3 according to their latest regulatory filings, with 39 funds opening new positions, 36 increasing their positions, 61 reducing their positions, and 34 closing their positions.
15% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 34
6% more capital invested
Capital invested by funds: $953M → $1.01B (+$61M)
3% more funds holding
Funds holding: 152 → 157 (+5)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
10% less call options, than puts
Call options by funds: $2.92M | Put options by funds: $3.24M
41% less repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 61
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WIC
Water Island Capital
New York
|
+$31.5M |
| 2 |
GCL
Glazer Capital LLC
New York
|
+$30.2M |
| 3 |
WP
Woodline Partners
San Francisco,
California
|
+$26.6M |
| 4 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
+$25.9M |
| 5 |
FTCM
First Trust Capital Management
Chicago,
Illinois
|
+$20.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$31.8M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$25M |
| 3 |
GGHC
Gilder Gagnon Howe & Co
New York
|
-$24.3M |
| 4 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
-$19.9M |
| 5 |
DC
Davenport & Co
Richmond,
Virginia
|
-$11.9M |
AVID Hedge Fund Activity: Q3 2023 in Review
157 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Avid Technology Inc (AVID) for Q3 2023, worth a combined $1.01B — up 6.4% from $953M a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new AVID positions and 34 closed out — a net gain of 5 holders — while 36 added to existing stakes and 61 trimmed.
The largest buyer was Water Island Capital, opening a new position worth an estimated $31.5M. The largest seller was Royce & Associates, cutting an estimated $31.8M.
- 157 institutional investors held Avid Technology Inc (AVID) as of Q3 2023, up from 152 in Q2 2023.
- Funds reported $1.01B of Avid Technology Inc stock for Q3 2023, up 6.4% quarter-over-quarter.
- 39 funds opened new Avid Technology Inc positions in Q3 2023 and 34 closed out, a net change of +5 holders.
- The largest Avid Technology Inc buyer in Q3 2023 was Water Island Capital, an estimated $31.5M added.
- The largest Avid Technology Inc seller in Q3 2023 was Royce & Associates, an estimated $31.8M sold.
Based on aggregated 13F filings for Q3 2023.