Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Audiocodes Ltd (AUDC)

67 + Investors. Track Smart Money conviction in AUDC. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +10
Streak
1Q ▲
Buyers last Q
55%

Smart Money Signals — AUDC

Based on 69 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds added AUDC than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
📊

High ownership — 91% of 3.0Y peak

91% of all-time peak
69 funds currently hold this stock — 91% of the 3.0-year high of 76 funds (reached 2023 Q4). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📶

Steady growth — +11% more funds vs a year ago

fund count last 6Q
+7 new funds entered over the past year (+11% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 55% buying

34 buying28 selling
Last quarter: 34 funds bought or added vs 28 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
📈

More new buyers each quarter (+11 vs last Q)

new funds entering per quarter
Funds opening a new AUDC position: 12 → 9 → 6 → 17. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

62% of holders stayed for 2+ years

■ 62% conviction (2yr+) ■ 14% medium ■ 23% new
43 out of 69 hedge funds have held AUDC for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
💰

Value +28% but shares only +10% — price-driven

Value
+28%
Shares
+10%
Last quarter: the total dollar value of institutional holdings rose +28%, but actual share count only changed +10%. The gap is explained by the stock's price rising — not new buying. Strong value growth with weak share growth means the rally is price momentum, not fresh institutional demand.
➡️

Steady discovery — ~17 new funds/quarter

8 → 12 → 9 → 6 → 17 new funds/Q
New funds entering each quarter: 12 → 9 → 6 → 17. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 67% veterans vs 19% newcomers

■ 67% veterans ■ 14% 1-2yr ■ 19% new
Entry-cohort mix of 72 holders: 48 (67%) are 2+ year veterans, 10 entered 1–2 years ago, and 14 (19%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
✅

Strong quality — 37% AUM from major funds

37% from top-100 AUM funds
22 of 67 holders rank in the top 100 by AUM, accounting for 37% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
3.1
out of 10
Low Exit Risk
Exit risk score 3.1/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — AUDC

In 2026 Q2, 34 hedge funds were net buyers of AUDC (17 opened a new position, 17 added to an existing one), while 28 reduced or exited (21 trimmed, 7 sold completely) — a 55% buyer ratio, indicating a slight buying edge. 37% of total institutional value in AUDC is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +10 funds (more new holders than closures). Total institutional holders: 69.

Hedge Fund Ownership: AUDC

How many hedge funds hold AUDC — quarterly history vs. share price
Quarterly hedge fund ownership of AUDC vs. share price

Market Analysis: AUDC

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: AUDC

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Loading signal freshness…
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

3 top-rated funds 1 high-conviction
Consensus
2.6
/ 10
breadth
×
Elite
0.8
/ 10
conviction
Hedge Fund Positioning: AUDC
67 + Investors

Track Smart Money conviction in AUDC. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 67 59 13.56%
13F Shares 10M 9M 10.15%
Total Value $84M $66M 28.29%
New Positions 17 6 +11
Increased Positions 17 17 -
Closed Positions 7 15 -8
Reduced Positions 19 17 +2
Total Calls 3 0 100%
Total Puts 2 1 100.0%
PUT/CALL Ratio 0.67 0.0 Bullish

Statistics: AUDC

View More

Valuation Measures Data as of: --

Market Cap --
Enterprise Value --
Trailing P/E --
Forward P/E --
PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
Levered Free Cash Flow (ttm) --

Institutional Holders (2026 Q2)

67 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in AUDC. Verified SEC 13F-HR filings.

QUARTER:
Top 25 AUDC holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Value Base Ltd. 15.67% 2,628,864 $25.4M
2 Heartland Advisors Inc 0.40% 917,650 $8.9M
3 ARK Investment Management LLC 0.02% 246,438 $2.4M
4 Axq Capital, LP 0.01% 12,027 $116K
5 Headlands Technologies LLC 0.01% 11,459 $111K
6 Altshuler Shaham Ltd 0.01% 94,899 $914K
7 Trexquant Investment LP 0.01% 166,736 $1.6M
8 WINTON GROUP Ltd 0.01% 25,992 $252K
9 XTX Topco Ltd 0.00% 32,112 $311K
10 Peak6 LLC 0.00% 200,000 $1.9M
11 Arrowstreet Capital, Limited Partnership 0.00% 728,747 $7.0M
12 Marshall Wace, LLP 0.00% 336,181 $3.3M
13 State of Tennessee, Department of Treasury 0.00% 64,413 $624K
14 Public Employees Retirement System of Ohio 0.00% 61,195 $592K
15 WealthCollab, LLC 0.00% 464 $4K
16 Engineers Gate Manager LP 0.00% 12,892 $125K
17 Connor, Clark & Lunn Investment Management Ltd. 0.00% 81,993 $789K
18 Assenagon Asset Management S.A. 0.00% 118,315 $1.1M
19 Two Sigma Investments, LP 0.00% 174,741 $1.7M
20 State of New Jersey Common Pension Fund D 0.00% 29,342 $284K
21 Brevan Howard Capital Management LP 0.00% 12,618 $122K
22 Schonfeld Strategic Advisors LLC 0.00% 17,456 $169K
23 Morgan Stanley 0.00% 1,064,936 $10.3M
24 Walleye Capital LLC 0.00% 15,354 $149K
25 NewEdge Advisors, LLC 0.00% 17,314 $168K
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Audiocodes Ltd (AUDC)

What does the Smart Money Trend signal show for AUDC?

Buying streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds added AUDC than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for AUDC?

Slight buying edge — 55% buying: Last quarter: 34 funds bought or added vs 28 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for AUDC holders?

Strong quality — 37% AUM from major funds: 22 of 67 holders rank in the top 100 by AUM, accounting for 37% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held AUDC?

62% of holders stayed for 2+ years: 43 out of 69 hedge funds have held AUDC for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

Full history →