Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Audiocodes Ltd (AUDC)

58 + 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
↓ -9
Streak
1Q ▼
Buyers last Q
43%

Smart Money Signals — AUDC

Based on 58 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their AUDC positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
🔻

Below peak — only 68% of 3.0Y high

68% of all-time peak
Only 58 funds hold AUDC today versus a peak of 85 funds at 2023 Q2 — just 68% of the maximum. Low institutional ownership can mean the stock is out of favor, but it also means there's a large pool of potential buyers if sentiment turns.
〰️

Stable — ownership unchanged year-over-year

fund count last 6Q
The number of hedge funds holding AUDC is almost the same as a year ago (-1 funds, -2% change). No significant rush to buy or sell — institutional backing is holding steady.
🟠

More sellers than buyers — 43% buying

23 buying31 selling
Last quarter: 31 funds reduced or exited vs 23 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
➡️

Steady new buyers — ~5 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 7 → 12 → 9 → 5. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

71% of holders stayed for 2+ years

■ 71% conviction (2yr+) ■ 16% medium ■ 14% new
41 out of 58 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.
📊

Peak discovery — momentum slowing

6 → 7 → 12 → 9 → 5 new funds/Q
New funds entering each quarter: 7 → 12 → 9 → 5. AUDC is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.
🏛️

Veteran-anchored — 73% veterans vs 17% newcomers

■ 73% veterans ■ 10% 1-2yr ■ 17% new
Entry-cohort mix of 59 holders: 43 (73%) are 2+ year veterans, 6 entered 1–2 years ago, and 10 (17%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
✅

Strong quality — 35% AUM from major funds

35% from top-100 AUM funds
21 of 58 holders rank in the top 100 by AUM, accounting for 35% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
2.1
out of 10
Low Exit Risk
Exit risk score 2.1/10 — 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 Q1, 23 hedge funds were net buyers of AUDC (5 opened a new position, 18 added to an existing one), while 31 reduced or exited (17 trimmed, 14 sold completely) — a 43% buyer ratio, indicating roughly balanced activity. 35% of total institutional value in AUDC is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: -9 funds (more exits than new entries). Total institutional holders: 58.

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.

Is It Too Late to Buy Audiocodes Ltd (AUDC) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much AUDC has moved relative to its sector benchmark (XLK) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 82d ago
AUDC
+8.3%
XLK
+44.0%

AUDC outperformed XLK by -35.7% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 37d ago
AUDC
+11.8%
XLK
+8.6%

Since the filing became public, AUDC outperformed XLK by +3.2% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

5 top-rated funds 1 high-conviction
Consensus
3.4
/ 10
breadth
×
Elite
0.8
/ 10
conviction
Hedge Fund Positioning: AUDC
58 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 58 67 -13.43%
13F Shares 9M 10M -9.04%
Total Value $66M $86M -23.59%
New Positions 5 9 -4
Increased Positions 17 21 -4
Closed Positions 14 8 +6
Reduced Positions 17 24 -7
Total Calls 0 0 -
Total Puts 1 1 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: AUDC

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Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

58 + 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 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Value Base Ltd. 17.43% 2,628,864 $22.1M
2 Heartland Advisors Inc 0.41% 965,734 $8.1M
3 Yelin Lapidot Holdings Management Ltd. 0.04% 20,113 $169K
4 ARK Investment Management LLC 0.02% 254,834 $2.1M
5 Trexquant Investment LP 0.01% 160,993 $1.4M
6 WINTON GROUP Ltd 0.01% 32,531 $274K
7 Engineers Gate Manager LP 0.01% 48,714 $410K
8 XTX Topco Ltd 0.00% 29,047 $244K
9 Arrowstreet Capital, Limited Partnership 0.00% 740,560 $6.2M
10 Assenagon Asset Management S.A. 0.00% 148,574 $1.2M
11 State of Tennessee, Department of Treasury 0.00% 64,413 $542K
12 Marshall Wace, LLP 0.00% 202,082 $1.7M
13 Public Employees Retirement System of Ohio 0.00% 61,195 $515K
14 Connor, Clark & Lunn Investment Management Ltd. 0.00% 85,330 $711K
15 WealthCollab, LLC 0.00% 464 $4K
16 Two Sigma Advisers, LP 0.00% 62,700 $547K
17 State of New Jersey Common Pension Fund D 0.00% 29,342 $247K
18 Two Sigma Investments, LP 0.00% 127,997 $1.1M
19 D. E. Shaw & Co., Inc. 0.00% 120,291 $1.0M
20 Morgan Stanley 0.00% 1,084,066 $9.1M
21 Point72 Asset Management, L.P. 0.00% 24,378 $205K
22 Rothschild Investment LLC 0.00% 450 $4K
23 New York State Common Retirement Fund 0.00% 15,828 $133K
24 Citadel Advisors LLC 0.00% 128,535 $1.1M
25 UBS Group AG 0.00% 135,565 $1.1M
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?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their AUDC positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for AUDC?

More sellers than buyers — 43% buying: Last quarter: 31 funds reduced or exited vs 23 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for AUDC holders?

Strong quality — 35% AUM from major funds: 21 of 58 holders rank in the top 100 by AUM, accounting for 35% 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?

71% of holders stayed for 2+ years: 41 out of 58 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.

Is it too late to buy Audiocodes Ltd (AUDC) following the 2026 Q1 hedge fund 13F filings?

As of today, AUDC has moved +11.8% since the 2026 Q1 13F filing date (May 15, 2026), compared to +8.6% for the XLK sector ETF — an outperformance of +3.2%. Since the quarter end (March 31, 2026), AUDC has gained +8.3% vs +44.0% for XLK. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

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.

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