Avid Technology Inc
AVID
AVID was delisted on the 6th of November, 2023.
92 hedge funds and large institutions have $172M invested in Avid Technology Inc in 2020 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 28 increasing their positions, 36 reducing their positions, and 13 closing their positions.
300% more funds holding in top 10
Funds holding in top 10: 1 → 4 (+3)
38% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 13
3% more funds holding
Funds holding: 89 → 92 (+3)
21% less capital invested
Capital invested by funds: $217M → $172M (-$44.5M)
22% less repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 36
44% less call options, than puts
Call options by funds: $318K | Put options by funds: $570K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HFA
Harbert Fund Advisors
Birmingham,
Alabama
|
+$3.37M |
| 2 |
VCM
Voce Capital Management
San Francisco,
California
|
+$2.76M |
| 3 |
JP Morgan Chase
New York
|
+$2.43M |
| 4 |
IC
Impactive Capital
New York City,
New York
|
+$2.15M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
+$1.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HAI
Hennessy Advisors Inc
Novato,
California
|
-$2.73M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
-$1.96M |
| 3 |
CSC
Cove Street Capital
El Segundo,
California
|
-$1.9M |
| 4 |
Two Sigma Investments
New York
|
-$1.36M |
| 5 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$1.31M |
AVID Hedge Fund Activity: Q1 2020 in Review
92 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Avid Technology Inc (AVID) for Q1 2020, worth a combined $172M — down 21% from $217M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new AVID positions and 13 closed out — a net gain of 5 holders — while 28 added to existing stakes and 36 trimmed.
The largest buyer was Harbert Fund Advisors, opening a new position worth an estimated $3.37M. The largest seller was Hennessy Advisors Inc, exiting entirely with an estimated $2.73M sold.
- 92 institutional investors held Avid Technology Inc (AVID) as of Q1 2020, up from 89 in Q4 2019.
- Funds reported $172M of Avid Technology Inc stock for Q1 2020, down 21% quarter-over-quarter.
- 18 funds opened new Avid Technology Inc positions in Q1 2020 and 13 closed out, a net change of +5 holders.
- The largest Avid Technology Inc buyer in Q1 2020 was Harbert Fund Advisors, an estimated $3.37M added.
- The largest Avid Technology Inc seller in Q1 2020 was Hennessy Advisors Inc, an estimated $2.73M sold.
Based on aggregated 13F filings for Q1 2020.