Avid Technology Inc
AVID
AVID was delisted on the 6th of November, 2023.
156 hedge funds and large institutions have $1.2B invested in Avid Technology Inc in 2023 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 48 increasing their positions, 60 reducing their positions, and 18 closing their positions.
232% more call options, than puts
Call options by funds: $1.18M | Put options by funds: $354K
50% more funds holding in top 10
Funds holding in top 10: 4 → 6 (+2)
22% more capital invested
Capital invested by funds: $982M → $1.2B (+$220M)
4% less funds holding
Funds holding: 163 → 156 (-7)
20% less repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 60
22% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$21M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$4.03M |
| 3 |
DC
Davenport & Co
Richmond,
Virginia
|
+$3.49M |
| 4 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$2.68M |
| 5 |
CC
Cowbird Capital
New York
|
+$1.88M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$16.6M |
| 2 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
-$6.43M |
| 3 |
ACM
Atika Capital Management
New York
|
-$5.22M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$5.16M |
| 5 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$3.07M |
AVID Hedge Fund Activity: Q1 2023 in Review
156 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Avid Technology Inc (AVID) for Q1 2023, worth a combined $1.2B — up 22% from $982M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of AVID and 14 opened new positions — a net loss of 4 holders — while 60 trimmed existing stakes and 48 added.
The largest buyer was Fidelity Investments, adding an estimated $21M. The largest seller was Royce & Associates, cutting an estimated $16.6M.
- 156 institutional investors held Avid Technology Inc (AVID) as of Q1 2023, down from 163 in Q4 2022.
- Funds reported $1.2B of Avid Technology Inc stock for Q1 2023, up 22% quarter-over-quarter.
- 14 funds opened new Avid Technology Inc positions in Q1 2023 and 18 closed out, a net change of -4 holders.
- The largest Avid Technology Inc buyer in Q1 2023 was Fidelity Investments, an estimated $21M added.
- The largest Avid Technology Inc seller in Q1 2023 was Royce & Associates, an estimated $16.6M sold.
Based on aggregated 13F filings for Q1 2023.