Audiocodes Ltd (AUDC)

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Institutional Investors' Holdings

Filing Period:

No.	Name	Shares	Value	% Port
1.	Value Base Ltd.	2,018,976	$19,664,826	12.04%
2.	Morgan Stanley	1,952,410	$19,016,479	0%
3.	Vanguard Group Inc	859,739	$8,489,064	0%
4.	Heartland Advisors Inc	858,600	$8,362,764	0.45%
5.	Taylor Frigon Capital Management Llc	355,864	$3,616,857	1.83%