Avid Technology Inc
AVID
AVID was delisted on the 6th of November, 2023.
152 hedge funds and large institutions have $953M invested in Avid Technology Inc in 2023 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 48 increasing their positions, 59 reducing their positions, and 25 closing their positions.
3% less funds holding
Funds holding: 156 → 152 (-4)
16% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 25
19% less repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 59
21% less capital invested
Capital invested by funds: $1.2B → $953M (-$249M)
22% less call options, than puts
Call options by funds: $3.15M | Put options by funds: $4.04M
50% less funds holding in top 10
Funds holding in top 10: 6 → 3 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
+$16.3M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$13.1M |
| 3 |
VC
Voss Capital
Houston,
Texas
|
+$12.1M |
| 4 |
JP Morgan Chase
New York
|
+$8.8M |
| 5 |
GGHC
Gilder Gagnon Howe & Co
New York
|
+$7.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Cowbird Capital
New York
|
-$30.1M |
| 2 |
CAM
Congress Asset Management
Boston,
Massachusetts
|
-$22.1M |
| 3 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
-$18.9M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$18.3M |
| 5 |
DC
Davenport & Co
Richmond,
Virginia
|
-$5.69M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GWS
176
Glassman Wealth Services
Vienna,
Virginia
| – | -$448 | -14 | Closed |
|
177
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$160 | -5 | Closed |
|
AVID Hedge Fund Activity: Q2 2023 in Review
152 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Avid Technology Inc (AVID) for Q2 2023, worth a combined $953M — down 21% from $1.2B a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of AVID and 21 opened new positions — a net loss of 4 holders — while 59 trimmed existing stakes and 48 added.
The largest buyer was Royce & Associates, adding an estimated $16.3M. The largest seller was Cowbird Capital, exiting entirely with an estimated $30.1M sold.
- 152 institutional investors held Avid Technology Inc (AVID) as of Q2 2023, down from 156 in Q1 2023.
- Funds reported $953M of Avid Technology Inc stock for Q2 2023, down 21% quarter-over-quarter.
- 21 funds opened new Avid Technology Inc positions in Q2 2023 and 25 closed out, a net change of -4 holders.
- The largest Avid Technology Inc buyer in Q2 2023 was Royce & Associates, an estimated $16.3M added.
- The largest Avid Technology Inc seller in Q2 2023 was Cowbird Capital, an estimated $30.1M sold.
Based on aggregated 13F filings for Q2 2023.