Avid Technology Inc
AVID
AVID was delisted on the 6th of November, 2023.
90 hedge funds and large institutions have $128M invested in Avid Technology Inc in 2016 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 38 increasing their positions, 24 reducing their positions, and 37 closing their positions.
58% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 24
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
22% less funds holding
Funds holding: 115 → 90 (-25)
49% less capital invested
Capital invested by funds: $249M → $128M (-$122M)
62% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 37
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $59K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSC
Cove Street Capital
El Segundo,
California
|
+$9.27M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.19M |
| 3 |
NAM
Netols Asset Management
Mequon,
Wisconsin
|
+$2.14M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
+$1.68M |
| 5 |
MSTVIM
Messner & Smith Theme Value Investment Management
San Diego,
California
|
+$1.51M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VDBMI
Van Den Berg Management I
Austin,
Texas
|
-$14.2M |
| 2 |
PCMI
Paradigm Capital Management Inc
Albany,
New York
|
-$11.3M |
| 3 |
PCM
Peregrine Capital Management
Minneapolis,
Minnesota
|
-$8.93M |
| 4 |
JG
Jefferies Group
New York
|
-$3.19M |
| 5 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$2.68M |
AVID Hedge Fund Activity: Q4 2016 in Review
90 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Avid Technology Inc (AVID) for Q4 2016, worth a combined $128M — down 49% from $249M a quarter earlier.
Sellers outnumbered buyers: 37 funds closed out of AVID and 14 opened new positions — a net loss of 23 holders — while 24 trimmed existing stakes and 38 added.
The largest buyer was Cove Street Capital, adding an estimated $9.27M. The largest seller was Van Den Berg Management I, exiting entirely with an estimated $14.2M sold.
- 90 institutional investors held Avid Technology Inc (AVID) as of Q4 2016, down from 115 in Q3 2016.
- Funds reported $128M of Avid Technology Inc stock for Q4 2016, down 49% quarter-over-quarter.
- 14 funds opened new Avid Technology Inc positions in Q4 2016 and 37 closed out, a net change of -23 holders.
- The largest Avid Technology Inc buyer in Q4 2016 was Cove Street Capital, an estimated $9.27M added.
- The largest Avid Technology Inc seller in Q4 2016 was Van Den Berg Management I, an estimated $14.2M sold.
Based on aggregated 13F filings for Q4 2016.