Vault-13

AVID TECHNOLOGY INC

COM · CUSIP 05367P100 · ISIN US05367P1003

152 institutional holders -5 vs Q1 2023
37,368,08237.4m shares reported held*
$953.1mreported value*
20 new 48 added 59 reduced 26 sold out net sold ≈ $135.0m (-5.2m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $25.51. Options: 8 managers hold calls ($3.1m notional), 4 hold puts ($4.0m).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 162Q4 22: 163Q1 23: 157Q2 23: 152152Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 2022162
Q4 2022163
Q1 2023157
Q2 2023152

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
1000100Q4 22: 64 bought or addedQ4 22: 87 cut or sold outQ4 22Q1 23: 63 bought or addedQ1 23: 78 cut or sold outQ1 23Q2 23: 68 bought or addedQ2 23: 85 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 20226487
Q1 20236378
Q2 20236885

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$2m$4m$6mQ3 22 calls: $1.5mQ3 22 puts: $997.0kQ3 22P/C 0.66Q4 22 calls: $1.0mQ4 22 puts: $2.1mQ4 22P/C 1.98Q1 23 calls: $1.2mQ1 23 puts: $354.2kQ1 23P/C 0.30Q2 23 calls: $3.1mQ2 23 puts: $4.0mQ2 23P/C 1.29
Numbers
QuarterCallsPutsP/C
Q3 2022$1.5m$997.0k0.66
Q4 2022$1.0m$2.1m1.98
Q1 2023$1.2m$354.2k0.30
Q2 2023$3.1m$4.0m1.29

Biggest buyers

ROYCE & ASSOCIATES LP Added +630,285+630.3k
VANGUARD GROUP INC Added +504,565+504.6k
Voss Capital, LP New +465,731+465.7k
JPMORGAN CHASE & CO Added +339,906+339.9k
GILDER GAGNON HOWE & CO LLC Added +293,515+293.5k
WESTWOOD HOLDINGS GROUP INC New +276,368+276.4k
CITADEL ADVISORS LLC Added +248,221+248.2k
Portolan Capital Management, LLC Added +221,816+221.8k
Otter Creek Advisors, LLC Added +216,534+216.5k
Engine Capital Management, LP New +176,867+176.9k

Biggest sellers

FMR LLC Reduced -5,763,464-5.8m
COWBIRD CAPITAL LP Sold out -942,258-942.3k
CONGRESS ASSET MANAGEMENT CO Sold out -691,850-691.9k
LOOMIS SAYLES & CO L P Sold out -590,124-590.1k
DAVENPORT & Co LLC Reduced -219,554-219.6k
Invesco Ltd. Reduced -213,405-213.4k
Atika Capital Management LLC Reduced -190,769-190.8k
BlackRock Inc. Reduced -149,854-149.9k
CW Advisors, LLC Sold out -146,840-146.8k
JACOBS LEVY EQUITY MANAGEMENT, INC Reduced -117,022-117.0k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $1.6m61.4k shares
JANE STREET GROUP, LLC New $663.0k26.0k shares
Centiva Capital, LP New $510.0k20.0k shares
WOLVERINE TRADING, LLC New $280.8k11.1k shares
CITADEL ADVISORS LLC Reduced $81.6k3.2k shares
GROUP ONE TRADING LLC Reduced $25.5k1.0k shares
SIMPLEX TRADING, LLC New $20.0k800 shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP New $3.0m116.7k shares
CITADEL ADVISORS LLC Added $935.9k36.7k shares
SIMPLEX TRADING, LLC Added $132.0k5.2k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Impactive Capital LP 7.70% of their portfolio NEW YORK CITY, NY 7,131,7937.1m $181.9m $181.9m 7.70% Unchanged
2 BlackRock Inc. 0.00% of their portfolio New York, NY 5,332,0405.3m $136.0m $136.0m 0.00% Reduced -149.9k -149,854
3 FMR LLC 0.01% of their portfolio BOSTON, MA 4,353,6084.4m $111.0m $111.0m 0.01% Reduced -5.8m -5,763,464
4 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 2,946,5152.9m $75.1m $75.1m 0.00% Added +504.6k +504,565
5 ROYCE & ASSOCIATES LP 0.59% of their portfolio New York, NY 2,377,8072.4m $60.6m $60.6m 0.59% Added +630.3k +630,285
6 DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio AUSTIN, TX 1,262,1701.3m $32.2m $32.2m 0.01% Reduced -19.0k -19,001
7 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 1,230,7351.2m $31.4m $31.4m 0.00% Added +34.1k +34,069
8 GILDER GAGNON HOWE & CO LLC 0.33% of their portfolio New York, NY 953,268953.3k $24.3m $24.3m 0.33% Added +293.5k +293,515
9 Portolan Capital Management, LLC 1.76% of their portfolio BOSTON, MA 781,168781.2k $19.9m $19.9m 1.76% Added +221.8k +221,816
10 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 716,274716.3k $18.3m $18.3m 0.00% Added +339.9k +339,906
11 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 689,712689.7k $17.6m $17.6m 0.00% Added +14.9k +14,851
12 DAVENPORT & Co LLC 0.09% of their portfolio RICHMOND, VA 471,307471.3k $11.9m $11.9m 0.09% Reduced -219.6k -219,554
13 Voss Capital, LP 1.43% of their portfolio HOUSTON, TX 465,731465.7k $11.9m $11.9m 1.43% New
14 GW&K Investment Management, LLC 0.10% of their portfolio BOSTON, MA 399,856399.9k $10.2m $10.2m 0.10% Added +133.3k +133,275
15 JACOBS LEVY EQUITY MANAGEMENT, INC 0.06% of their portfolio FLORHAM PARK, NJ 380,903380.9k $9.7m $9.7m 0.06% Reduced -117.0k -117,022
16 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 354,943354.9k $9.1m $9.1m 0.00% Reduced -5.0k -4,958
17 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 319,289319.3k $8.1m $8.1m 0.00% Reduced -10.2k -10,208
18 Otter Creek Advisors, LLC 7.03% of their portfolio PALM BEACH GARDENS, FL 316,207316.2k $8.1m $8.1m 7.03% Added +216.5k +216,534
19 HERALD INVESTMENT MANAGEMENT Ltd 1.49% of their portfolio LONDON, X0 300,000300.0k $7.7m $7.7m 1.49% Unchanged
20 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 289,378289.4k $7.4m $7.4m 0.00% Added +123.8k +123,770
21 WESTWOOD HOLDINGS GROUP INC 0.06% of their portfolio DALLAS, TX 276,368276.4k $7.0m $7.0m 0.06% New
22 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 275,569275.6k $7.0m $7.0m 0.00% Reduced -5.9k -5,864
23 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 248,432248.4k $6.3m $6.3m 0.01% Added +248.2k +248,221
24 VOYA INVESTMENT MANAGEMENT LLC 0.01% of their portfolio ATLANTA, GA 217,914217.9k $5.6m $5.6m 0.01% Added +45.2k +45,228
25 KING LUTHER CAPITAL MANAGEMENT CORP 0.03% of their portfolio FORT WORTH, TX 207,143207.1k $5.3m $5.3m 0.03% Added +12.5k +12,455
26 PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio DES MOINES, IA 194,983195.0k $5.0m $5.0m 0.00% Reduced -5.7k -5,689
27 KESTREL INVESTMENT MANAGEMENT CORP 2.71% of their portfolio SAN MATEO, CA 191,950191.9k $4.9m $4.9m 2.71% Reduced -6.4k -6,400
28 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.02% of their portfolio TORONTO, A6 181,900181.9k $4.6m $4.6m 0.02% Added +19.8k +19,800
29 Engine Capital Management, LP 1.10% of their portfolio NEW YORK, NY 176,867176.9k $4.5m $4.5m 1.10% New
30 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 171,226171.2k $4.4m $4.4m 0.00% New
31 ALGERT GLOBAL LLC 0.18% of their portfolio SAN FRANCISCO, CA 160,204160.2k $4.1m $4.1m 0.18% Added +22.2k +22,250
32 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 149,414149.4k $3.8m $3.8m 0.00% Reduced -13.6k -13,612
33 MARATHON CAPITAL MANAGEMENT 0.93% of their portfolio Hunt Valley, MD 148,390148.4k $3.8m $3.8m 0.93% Reduced -18.3k -18,270
34 PUTNAM INVESTMENTS LLC 0.01% of their portfolio BOSTON, MA 145,303145.3k $3.7m $3.7m 0.01% Reduced -7.5k -7,502
35 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 145,024145.0k $3.7m $3.7m 0.00% Added +2.9k +2,861
36 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 139,526139.5k $3.6m $3.6m 0.00% Reduced -213.4k -213,405
37 ACADIAN ASSET MANAGEMENT LLC 0.01% of their portfolio Boston, MA 127,375127.4k $3.2m $3.2m 0.01% Reduced -4.6k -4,647
38 STEINBERG ASSET MANAGEMENT LLC 3.07% of their portfolio NEW YORK, NY 125,517125.5k $3.2m $3.2m 3.07% Added +99.9k +99,852
39 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 104,026104.0k $2.7m $2.7m 0.00% Reduced -725 -725
40 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 102,133102.1k $2.6m $2.6m 0.00% Reduced -787 -787
41 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 97,07297.1k $2.5m $2.5m 0.00% Reduced -2.9k -2,883
42 Legal & General Group Plc 0.00% of their portfolio London, X0 93,32793.3k $2.4m $2.4m 0.00% Added +12.7k +12,726
43 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 92,03692.0k $2.3m $2.3m 0.00% Added +71.0k +71,041
44 Hillsdale Investment Management Inc. 0.20% of their portfolio Toronto, A6 84,00084.0k $2.1m $2.1m 0.20% Reduced -89.7k -89,700
45 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 82,97683.0k $2.1m $2.1m 0.00% Added +61.1k +61,074
46 Greenland Capital Management LP 0.30% of their portfolio NEW YORK, NY 82,82582.8k $2.1m $2.1m 0.30% New
47 Swiss National Bank 0.00% of their portfolio ZURICH, V8 76,30076.3k $1.9m $1.9m 0.00% Added +900 +900
48 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 72,52772.5k $1.8m $1.8m 0.00% Reduced -4.6k -4,647
49 VIRGINIA RETIREMENT SYSTEMS ET Al 0.02% of their portfolio RICHMOND, VA 69,70069.7k $1.8m $1.8m 0.02% Reduced -1.7k -1,700
50 OAK RIDGE INVESTMENTS LLC 0.20% of their portfolio Chicago, IL 65,09065.1k $1.7m $1.7m 0.20% Reduced -87.0k -86,952
51 Hunter Perkins Capital Management, LLC 0.18% of their portfolio LOMBARD, IL 60,09060.1k $1.5m $1.5m 0.18% Added +41.7k +41,671
52 Public Sector Pension Investment Board 0.01% of their portfolio MONTREAL, A8 59,23259.2k $1.5m $1.5m 0.01% Added +831 +831
53 FIRST TRUST ADVISORS LP 0.00% of their portfolio Wheaton, IL 58,81558.8k $1.5m $1.5m 0.00% Reduced -12.0k -12,001
54 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 58,50058.5k $1.5m $1.5m 0.00% Reduced -99.7k -99,700
55 RBF Capital, LLC 0.09% of their portfolio RENO, NV 58,20058.2k $1.5m $1.5m 0.09% Unchanged
56 Weiss Multi-Strategy Advisers LLC 0.03% of their portfolio NEW YORK, NY 56,37756.4k $1.4m $1.4m 0.03% New
57 CORBYN INVESTMENT MANAGEMENT INC/MD 0.65% of their portfolio Lutherville, MD 52,57252.6k $1.3m $1.3m 0.65% Added +29.4k +29,417
58 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 49,74049.7k $1.6m $1.6m 0.00% Unchanged
59 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 49,13149.1k $1.3m $1.3m 0.00% Reduced -44.7k -44,720
60 NATIXIS 0.01% of their portfolio PARIS, I0 48,70048.7k $1.2m $1.2m 0.01% New
61 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 45,08245.1k $1.1m $1.1m 0.00% Added +16.2k +16,186
62 VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio San Antonio, TX 44,61044.6k $1.1m $1.1m 0.00% Reduced -3.8k -3,790
63 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 42,13442.1k $1.1m $1.1m 0.00% Reduced -1.5k -1,507
64 UBS Group AG 0.00% of their portfolio ZURICH, V8 41,77041.8k $1.1m $1.1m 0.00% Added +4.4k +4,382
65 PRUDENTIAL FINANCIAL INC 0.00% of their portfolio NEWARK, NJ 41,33841.3k $1.1m $1.1m 0.00% Added +8.8k +8,770
66 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 40,73340.7k $1.0m $1.0m 0.00% Added +322 +322
67 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 39,83339.8k $1.0m $1.0m 0.00% Added +7.9k +7,891
68 CastleKnight Management LP 0.21% of their portfolio New York, NY 39,60039.6k $1.0m $1.0m 0.21% Added +27.0k +27,000
69 TUDOR INVESTMENT CORP ET AL 0.02% of their portfolio STAMFORD, CT 38,30738.3k $976.8k $976.8k 0.02% Added +32.0k +31,958
70 COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.01% of their portfolio HARRISBURG, PA 37,72137.7k $961.9k $961.9k 0.01% Added +2.6k +2,563
71 HRT FINANCIAL LP 0.01% of their portfolio NEW YORK, NY 36,44236.4k $929.0k $929.0k 0.01% New
72 PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.00% of their portfolio COLUMBUS, OH 35,14435.1k $896.0k $896.0k 0.00% Added +15.3k +15,307
73 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 33,74033.7k $860.4k $860.4k 0.00% Reduced -66.0k -66,012
74 Assenagon Asset Management S.A. 0.00% of their portfolio SENNINGERBERG, N4 32,40932.4k $826.4k $826.4k 0.00% New
75 Thrivent Financial for Lutherans 0.00% of their portfolio Minneapolis, MN 31,92331.9k $814.0k $814.0k 0.00% Reduced -984 -984
76 HERITAGE INVESTORS MANAGEMENT CORP 0.03% of their portfolio BETHESDA, MD 28,81328.8k $735.0k $735.0k 0.03% Unchanged
77 TEXAS PERMANENT SCHOOL FUND CORP 0.01% of their portfolio AUSTIN, TX 28,66028.7k $730.8k $730.8k 0.01% Reduced -409 -409
78 Atika Capital Management LLC 0.09% of their portfolio NEW YORK, NY 28,23128.2k $719.9k $719.9k 0.09% Reduced -190.8k -190,769
79 Man Group plc 0.00% of their portfolio LONDON, X0 28,10028.1k $716.5k $716.5k 0.00% New
80 State of Tennessee, Department of Treasury 0.00% of their portfolio NASHVILLE, TN 27,79427.8k $708.7k $708.7k 0.00% Reduced -2.1k -2,130
81 CITIZENS FINANCIAL GROUP INC/RI 0.02% of their portfolio PROVIDENCE, RI 25,53625.5k $651.2k $651.2k 0.02% Unchanged
82 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 24,20824.2k $617.3k $617.3k 0.00% Added +4.8k +4,762
83 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 23,56623.6k $600.9k $600.9k 0.00% Reduced -868 -868
84 NEUBERGER BERMAN GROUP LLC 0.00% of their portfolio NEW YORK, NY 23,39723.4k $596.6k $596.6k 0.00% Reduced -4.0k -3,971
85 Highlander Partners, L.P. 0.66% of their portfolio DALLAS, TX 23,00923.0k $586.7k $586.7k 0.66% Unchanged
86 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 22,60022.6k $576.3k $576.3k 0.00% Reduced -92.7k -92,667
87 Teton Advisors, Inc. 0.16% of their portfolio Rye, NY 22,00022.0k $561.0k $561.0k 0.16% Unchanged
88 State of Alaska, Department of Revenue 0.01% of their portfolio JUNEAU, AK 21,95722.0k $559.0k $559.0k 0.01% Reduced -789 -789
89 Skandinaviska Enskilda Banken AB (publ) 0.00% of their portfolio STOCKHOLM, V7 20,90020.9k $533.0k $533.0k 0.00% New
90 NorthCrest Asset Manangement, LLC 0.02% of their portfolio PLYMOUTH, MN 20,00020.0k $510.0k $510.0k 0.02% Reduced -200 -200
91 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 19,31319.3k $492.5k $492.5k 0.00% Reduced -56.8k -56,766
92 Tower Research Capital LLC (TRC) 0.02% of their portfolio NEW YORK, NY 18,77418.8k $478.7k $478.7k 0.02% Added +17.8k +17,837
93 MetLife Investment Management, LLC 0.00% of their portfolio Whippany, NJ 18,55718.6k $473.2k $473.2k 0.00% Unchanged
94 AMERICAN INTERNATIONAL GROUP, INC. 0.00% of their portfolio New York, NY 18,23918.2k $465.1k $465.1k 0.00% Reduced -653 -653
95 YOUSIF CAPITAL MANAGEMENT, LLC 0.01% of their portfolio BLOOMFIELD HILLS, MI 17,79017.8k $453.6k $453.6k 0.01% Reduced -1.1k -1,056
96 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 17,66417.7k $451.0k $451.0k 0.00% Added +6.1k +6,083
97 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 17,50417.5k $446.4k $446.4k 0.00% Added +8.2k +8,227
98 Louisiana State Employees Retirement System 0.01% of their portfolio BATON ROUGE, LA 17,50017.5k $446.2k $446.2k 0.01% Added +2.0k +2,000
99 Jump Financial, LLC 0.02% of their portfolio Chicago, IL 16,71316.7k $426.2k $426.2k 0.02% New
100 Walleye Capital LLC 0.01% of their portfolio NEW YORK, NY 16,28816.3k $415.3k $415.3k 0.01% Added +4.4k +4,440