Vault-13

AVID TECHNOLOGY INC

COM · CUSIP 05367P100 · ISIN US05367P1003

157 institutional holders +5 vs Q2 2023
37,738,89937.7m shares reported held*
$1.0bnreported value*
38 new 36 added 61 reduced 34 sold out net bought ≈ $9.2m (+370.5k 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 ≈ $26.85. Options: 7 managers hold calls ($2.9m notional), 5 hold puts ($3.2m).

Trends to Q3 2023

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 162Q4 22: 163Q1 23: 157Q2 23: 152Q3 23: 157157Q3 22Q4 22Q1 23Q2 23Q3 23
Numbers
QuarterHolders
Q3 2022162
Q4 2022163
Q1 2023157
Q2 2023152
Q3 2023157

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 23Q3 23: 74 bought or addedQ3 23: 95 cut or sold outQ3 23
Numbers
QuarterBought or addedCut or sold out
Q4 20226487
Q1 20236378
Q2 20236885
Q3 20237495

Calls vs puts

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

CallsPuts
$0$2m$4m$6mQ4 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 1.29Q3 23 calls: $2.9mQ3 23 puts: $3.2mQ3 23P/C 1.11
Numbers
QuarterCallsPutsP/C
Q4 2022$1.0m$2.1m1.98
Q1 2023$1.2m$354.2k0.30
Q2 2023$3.1m$4.0m1.29
Q3 2023$2.9m$3.2m1.11

Biggest buyers

WATER ISLAND CAPITAL LLC New +1,199,094+1.2m
GLAZER CAPITAL, LLC New +1,148,255+1.1m
Woodline Partners LP New +1,009,699+1.0m
WESTWOOD HOLDINGS GROUP INC Added +984,180+984.2k
First Trust Capital Management L.P. New +792,233+792.2k
FIL Ltd New +656,162+656.2k
TOKIO MARINE ASSET MANAGEMENT CO LTD New +448,800+448.8k
GABELLI FUNDS LLC Added +350,145+350.1k
GOLDMAN SACHS GROUP INC Added +333,182+333.2k
ALLIANCEBERNSTEIN L.P. Added +151,353+151.4k

Biggest sellers

ROYCE & ASSOCIATES LP Reduced -1,206,935-1.2m
GILDER GAGNON HOWE & CO LLC Sold out -953,268-953.3k
FMR LLC Reduced -949,764-949.8k
Portolan Capital Management, LLC Sold out -781,168-781.2k
DAVENPORT & Co LLC Sold out -471,307-471.3k
Voss Capital, LP Sold out -465,731-465.7k
JACOBS LEVY EQUITY MANAGEMENT, INC Reduced -368,448-368.4k
Otter Creek Advisors, LLC Sold out -316,207-316.2k
DIMENSIONAL FUND ADVISORS LP Reduced -284,791-284.8k
CITADEL ADVISORS LLC Reduced -218,657-218.7k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $1.2m46.2k shares
JANE STREET GROUP, LLC Reduced $687.9k25.6k shares
GROUP ONE TRADING LLC Added $515.9k19.2k shares
WOLVERINE TRADING, LLC Reduced $247.2k9.2k shares
SIMPLEX TRADING, LLC Added $120.0k4.5k shares
CITADEL ADVISORS LLC Added $104.8k3.9k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $2.0m74.8k shares
SIMPLEX TRADING, LLC Added $507.0k18.9k shares
CITADEL ADVISORS LLC Reduced $483.7k18.0k shares
JANE STREET GROUP, LLC New $241.8k9.0k 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, Q3 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Impactive Capital LP 8.55% of their portfolio NEW YORK CITY, NY 7,131,7937.1m $191.6m $191.6m 8.55% Unchanged
2 BlackRock Inc. 0.00% of their portfolio New York, NY 5,270,1865.3m $141.6m $141.6m 0.00% Reduced -61.9k -61,854
3 FMR LLC 0.01% of their portfolio BOSTON, MA 3,403,8443.4m $91.5m $91.5m 0.01% Reduced -949.8k -949,764
4 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 2,964,6303.0m $79.7m $79.7m 0.00% Added +18.1k +18,115
5 WESTWOOD HOLDINGS GROUP INC 0.32% of their portfolio DALLAS, TX 1,260,5481.3m $33.9m $33.9m 0.32% Added +984.2k +984,180
6 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 1,230,7331.2m $33.1m $33.1m 0.00% Reduced -2 -2
7 WATER ISLAND CAPITAL LLC 2.93% of their portfolio NEW YORK, NY 1,199,0941.2m $32.2m $32.2m 2.93% New
8 ROYCE & ASSOCIATES LP 0.32% of their portfolio New York, NY 1,170,8721.2m $31.5m $31.5m 0.32% Reduced -1.2m -1,206,935
9 GLAZER CAPITAL, LLC 2.01% of their portfolio New York, NY 1,148,2551.1m $30.9m $30.9m 2.01% New
10 Woodline Partners LP 0.32% of their portfolio San Francisco, CA 1,009,6991.0m $27.1m $27.1m 0.32% New
11 DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio AUSTIN, TX 977,379977.4k $26.3m $26.3m 0.01% Reduced -284.8k -284,791
12 First Trust Capital Management L.P. 1.18% of their portfolio CHICAGO, IL 792,233792.2k $21.3m $21.3m 1.18% New
13 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 722,529722.5k $19.4m $19.4m 0.00% Added +32.8k +32,817
14 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 668,396668.4k $18.0m $18.0m 0.00% Reduced -47.9k -47,878
15 FIL Ltd 0.02% of their portfolio HAMILTON, D0 656,162656.2k $17.6m $17.6m 0.02% New
16 GW&K Investment Management, LLC 0.13% of their portfolio BOSTON, MA 472,231472.2k $12.7m $12.7m 0.13% Added +72.4k +72,375
17 TOKIO MARINE ASSET MANAGEMENT CO LTD 0.76% of their portfolio Tokyo, M0 448,800448.8k $12.1m $12.1m 0.76% New
18 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 430,254430.3k $11.6m $11.6m 0.00% Added +333.2k +333,182
19 GABELLI FUNDS LLC 0.08% of their portfolio Rye, NY 366,145366.1k $9.8m $9.8m 0.08% Added +350.1k +350,145
20 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 360,093360.1k $9.7m $9.7m 0.00% Added +5.2k +5,150
21 HERALD INVESTMENT MANAGEMENT Ltd 1.86% of their portfolio LONDON, X0 325,000325.0k $8.7m $8.7m 1.86% Added +25.0k +25,000
22 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 272,903272.9k $7.3m $7.3m 0.00% Reduced -46.4k -46,386
23 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 262,439262.4k $7.1m $7.1m 0.00% Reduced -13.1k -13,130
24 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 192,086192.1k $5.2m $5.2m 0.00% Added +151.4k +151,353
25 PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio DES MOINES, IA 189,444189.4k $5.1m $5.1m 0.00% Reduced -5.5k -5,539
26 KING LUTHER CAPITAL MANAGEMENT CORP 0.02% of their portfolio FORT WORTH, TX 176,163176.2k $4.7m $4.7m 0.02% Reduced -31.0k -30,980
27 KESTREL INVESTMENT MANAGEMENT CORP 2.87% of their portfolio SAN MATEO, CA 168,950168.9k $4.5m $4.5m 2.87% Reduced -23.0k -23,000
28 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 161,725161.7k $4.3m $4.3m 0.00% Reduced -127.7k -127,653
29 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 157,264157.3k $4.2m $4.2m 0.00% Reduced -14.0k -13,962
30 Carmignac Gestion 0.07% of their portfolio PARIS, I0 150,841150.8k $4.1m $4.1m 0.07% New
31 Engine Capital Management, LP 0.88% of their portfolio NEW YORK, NY 146,867146.9k $3.9m $3.9m 0.88% Reduced -30.0k -30,000
32 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 144,033144.0k $3.9m $3.9m 0.00% Reduced -991 -991
33 GABELLI & Co INVESTMENT ADVISERS, INC. 0.62% of their portfolio Rye, NY 141,700141.7k $3.8m $3.8m 0.62% New
34 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 136,621136.6k $3.7m $3.7m 0.00% Reduced -2.9k -2,905
35 PRELUDE CAPITAL MANAGEMENT, LLC 0.32% of their portfolio NEW YORK, NY 133,645133.6k $3.6m $3.6m 0.32% New
36 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 129,451129.5k $3.5m $3.5m 0.00% Added +80.3k +80,320
37 STEINBERG ASSET MANAGEMENT LLC 2.98% of their portfolio NEW YORK, NY 124,578124.6k $3.3m $3.3m 2.98% Reduced -939 -939
38 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 116,015116.0k $3.1m $3.1m 0.00% Added +76.2k +76,182
39 AQR Arbitrage LLC 0.13% of their portfolio Greenwich, CT 110,074110.1k $3.0m $3.0m 0.13% New
40 PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.01% of their portfolio COLUMBUS, OH 110,017110.0k $3.0m $3.0m 0.01% Added +74.9k +74,873
41 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 105,293105.3k $2.8m $2.8m 0.00% Reduced -44.1k -44,121
42 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 101,448101.4k $2.7m $2.7m 0.00% Reduced -685 -685
43 Polar Asset Management Partners Inc. 0.06% of their portfolio TORONTO, A6 100,000100.0k $2.7m $2.7m 0.06% New
44 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 97,93497.9k $2.6m $2.6m 0.00% Added +75.3k +75,334
45 New York Life Investment Management LLC 0.03% of their portfolio New York, NY 97,73097.7k $2.6m $2.6m 0.03% New
46 GAMCO INVESTORS, INC. ET AL 0.03% of their portfolio GREENWICH, CT 97,29197.3k $2.6m $2.6m 0.03% New
47 Legal & General Group Plc 0.00% of their portfolio London, X0 92,47492.5k $2.5m $2.5m 0.00% Reduced -853 -853
48 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 84,55384.6k $2.3m $2.3m 0.00% New
49 Swiss National Bank 0.00% of their portfolio ZURICH, V8 77,30077.3k $2.1m $2.1m 0.00% Added +1.0k +1,000
50 Kellner Capital, LLC 2.18% of their portfolio NEW YORK, NY 69,03469.0k $1.9m $1.9m 2.18% New
51 Qube Research & Technologies Ltd 0.01% of their portfolio LONDON, X0 64,46464.5k $1.7m $1.7m 0.01% New
52 OAK RIDGE INVESTMENTS LLC 0.22% of their portfolio Chicago, IL 64,09964.1k $1.7m $1.7m 0.22% Reduced -991 -991
53 Diametric Capital, LP 0.68% of their portfolio BOSTON, MA 60,50060.5k $1.6m $1.6m 0.68% New
54 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 58,48458.5k $1.6m $1.6m 0.00% Reduced -33.6k -33,552
55 RBF Capital, LLC 0.10% of their portfolio RENO, NV 58,20058.2k $1.6m $1.6m 0.10% Unchanged
56 WINTON GROUP Ltd 0.13% of their portfolio LONDON, X0 57,71857.7k $1.6m $1.6m 0.13% New
57 CORBYN INVESTMENT MANAGEMENT INC/MD 0.72% of their portfolio Lutherville, MD 52,57252.6k $1.4m $1.4m 0.72% Unchanged
58 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 46,22346.2k $1.2m $1.2m 0.00% Reduced -3.5k -3,517
59 EHP Funds Inc. 0.53% of their portfolio TORONTO, Z4 42,15442.2k $1.1m $1.1m 0.53% New
60 Public Sector Pension Investment Board 0.01% of their portfolio MONTREAL, A8 41,91141.9k $1.1m $1.1m 0.01% Reduced -17.3k -17,321
61 PRUDENTIAL FINANCIAL INC 0.00% of their portfolio NEWARK, NJ 40,88840.9k $1.1m $1.1m 0.00% Reduced -450 -450
62 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 38,56038.6k $1.0m $1.0m 0.00% Reduced -3.6k -3,574
63 Sand Grove Capital Management LLP 0.14% of their portfolio LONDON, X0 36,47536.5k $980.0k $980.0k 0.14% New
64 Schonfeld Strategic Advisors LLC 0.01% of their portfolio NEW YORK, NY 35,86635.9k $963.7k $963.7k 0.01% New
65 Virtu Financial LLC 0.09% of their portfolio New York, NY 33,71233.7k $906.0k $906.0k 0.09% New
66 Thrivent Financial for Lutherans 0.00% of their portfolio Minneapolis, MN 31,02031.0k $834.0k $834.0k 0.00% Reduced -903 -903
67 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 29,77529.8k $800.1k $800.1k 0.00% Reduced -218.7k -218,657
68 HERITAGE INVESTORS MANAGEMENT CORP 0.03% of their portfolio BETHESDA, MD 28,81328.8k $774.0k $774.0k 0.03% Unchanged
69 PenderFund Capital Management Ltd. 0.30% of their portfolio VANCOUVER, A1 27,62627.6k $1.0k $1.0k 0.30% New
70 TEXAS PERMANENT SCHOOL FUND CORP 0.01% of their portfolio AUSTIN, TX 27,56127.6k $740.6k $740.6k 0.01% Reduced -1.1k -1,099
71 BCK CAPITAL MANAGEMENT LP 0.36% of their portfolio STAMFORD, CT 26,01026.0k $698.9k $698.9k 0.36% New
72 PICTON MAHONEY ASSET MANAGEMENT 0.03% of their portfolio Toronto, A6 25,00025.0k $671.0k $671.0k 0.03% New
73 Centiva Capital, LP 0.03% of their portfolio New York, NY 24,81624.8k $666.8k $666.8k 0.03% Added +22.1k +22,077
74 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 24,12724.1k $648.3k $648.3k 0.00% Added +561 +561
75 COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.01% of their portfolio HARRISBURG, PA 22,67022.7k $609.1k $609.1k 0.01% Reduced -15.1k -15,051
76 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 22,66222.7k $608.9k $608.9k 0.00% Reduced -60.3k -60,314
77 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 22,43822.4k $602.9k $602.9k 0.00% Added +3.1k +3,125
78 Teton Advisors, Inc. 0.18% of their portfolio Rye, NY 22,00022.0k $591.1k $591.1k 0.18% Unchanged
79 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 21,12121.1k $567.0k $567.0k 0.00% Added +3.5k +3,457
80 State of Alaska, Department of Revenue 0.01% of their portfolio JUNEAU, AK 21,11321.1k $567.0k $567.0k 0.01% Reduced -844 -844
81 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 20,91420.9k $562.0k $562.0k 0.00% Reduced -12.8k -12,826
82 VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio San Antonio, TX 20,78820.8k $558.6k $558.6k 0.00% Reduced -23.8k -23,822
83 GSA CAPITAL PARTNERS LLP 0.05% of their portfolio LONDON, X0 20,65920.7k $555.0k $555.0k 0.05% New
84 VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio ATLANTA, GA 20,52420.5k $551.5k $551.5k 0.00% Reduced -197.4k -197,390
85 Hunter Perkins Capital Management, LLC 0.12% of their portfolio LOMBARD, IL 19,97520.0k $537.0k $537.0k 0.12% Reduced -40.1k -40,115
86 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 19,75219.8k $530.7k $530.7k 0.00% Added +5.2k +5,248
87 NorthCrest Asset Manangement, LLC 0.02% of their portfolio PLYMOUTH, MN 19,60019.6k $526.7k $526.7k 0.02% Reduced -400 -400
88 UBS Group AG 0.00% of their portfolio ZURICH, V8 19,48419.5k $523.5k $523.5k 0.00% Reduced -22.3k -22,286
89 AMERICAN INTERNATIONAL GROUP, INC. 0.00% of their portfolio New York, NY 18,66718.7k $501.6k $501.6k 0.00% Added +428 +428
90 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 17,54717.5k $471.5k $471.5k 0.00% Added +2.1k +2,091
91 Skandinaviska Enskilda Banken AB (publ) 0.00% of their portfolio STOCKHOLM, V7 17,40017.4k $468.0k $468.0k 0.00% Reduced -3.5k -3,500
92 Louisiana State Employees Retirement System 0.01% of their portfolio BATON ROUGE, LA 17,30017.3k $464.9k $464.9k 0.01% Reduced -200 -200
93 ExodusPoint Capital Management, LP 0.01% of their portfolio NEW YORK, NY 17,24917.2k $463.0k $463.0k 0.01% New
94 MetLife Investment Management, LLC 0.00% of their portfolio Whippany, NJ 17,09117.1k $459.2k $459.2k 0.00% Reduced -1.5k -1,466
95 YOUSIF CAPITAL MANAGEMENT, LLC 0.01% of their portfolio BLOOMFIELD HILLS, MI 16,79516.8k $451.3k $451.3k 0.01% Reduced -995 -995
96 COMERICA BANK 0.00% of their portfolio DALLAS, TX 16,10316.1k $432.7k $432.7k 0.00% New
97 MARATHON CAPITAL MANAGEMENT 0.11% of their portfolio Hunt Valley, MD 15,55015.6k $417.8k $417.8k 0.11% Reduced -132.8k -132,840
98 JANUS HENDERSON GROUP PLC 0.00% of their portfolio LONDON, X0 15,49615.5k $416.5k $416.5k 0.00% Added +3 +3
99 Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio SEOUL, M5 15,48415.5k $416.1k $416.1k 0.00% Unchanged
100 AMALGAMATED BANK 0.00% of their portfolio NEW YORK, NY 14,88314.9k $400.0k $400.0k 0.00% Unchanged