Avid Technology Inc
AVID
AVID was delisted on the 6th of November, 2023.
127 hedge funds and large institutions have $718M invested in Avid Technology Inc in 2021 Q1 according to their latest regulatory filings, with 28 funds opening new positions, 40 increasing their positions, 48 reducing their positions, and 18 closing their positions.
56% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 18
37% more capital invested
Capital invested by funds: $522M → $718M (+$196M)
9% more funds holding
Funds holding: 117 → 127 (+10)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
17% less repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 48
20% less call options, than puts
Call options by funds: $5.05M | Put options by funds: $6.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GGHC
Gilder Gagnon Howe & Co
New York
|
+$41.2M |
| 2 |
Millennium Management
New York
|
+$12.2M |
| 3 |
RA
Royce & Associates
New York
|
+$6.14M |
| 4 |
RCMNY
Rubric Capital Management (New York)
New York
|
+$3.97M |
| 5 |
NCL
Nishkama Capital LLC
Dorado,
Puerto Rico
|
+$3.66M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSC
Cove Street Capital
El Segundo,
California
|
-$13.3M |
| 2 |
VC
Voss Capital
Houston,
Texas
|
-$7.92M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$6.94M |
| 4 |
ER
EVR Research
Richmond,
Virginia
|
-$6.57M |
| 5 |
HFA
Harbert Fund Advisors
Birmingham,
Alabama
|
-$5.14M |
AVID Hedge Fund Activity: Q1 2021 in Review
127 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in Avid Technology Inc (AVID) for Q1 2021, worth a combined $718M — up 37% from $522M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new AVID positions and 18 closed out — a net gain of 10 holders — while 40 added to existing stakes and 48 trimmed.
The largest buyer was Gilder Gagnon Howe & Co, opening a new position worth an estimated $41.2M. The largest seller was Cove Street Capital, exiting entirely with an estimated $13.3M sold.
- 127 institutional investors held Avid Technology Inc (AVID) as of Q1 2021, up from 117 in Q4 2020.
- Funds reported $718M of Avid Technology Inc stock for Q1 2021, up 37% quarter-over-quarter.
- 28 funds opened new Avid Technology Inc positions in Q1 2021 and 18 closed out, a net change of +10 holders.
- The largest Avid Technology Inc buyer in Q1 2021 was Gilder Gagnon Howe & Co, an estimated $41.2M added.
- The largest Avid Technology Inc seller in Q1 2021 was Cove Street Capital, an estimated $13.3M sold.
Based on aggregated 13F filings for Q1 2021.