Value Base Ltd.

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 8, 2025), Value Base Ltd. reported 7 stock positions worth $152.9 million. Its top holding was Cognyte Software (CGNT) at 29.2% of the portfolio, followed by Valens Semiconductor (VLN, 27.6%) and Audiocodes (AUDC, 12.4%). Compared with Q4 2024, it opened 1 new position, sold out of 1 and added to 2. The biggest buy was a new position in Perion Network (PERI) and the biggest sale an exit from Sharplink Gaming.

Most Recent 13F
Q2 2026
Location
Tel Aviv, L3
CIK
0001992355
Portfolio Value
$152.9M (Q1 2025)
SEC Filing
0001178913-25-001658 ↗ filed May 8, 2025

Holdings Value

0$50.0M$100.0M$150.0M$200.0M Q4 2024: $163.2M Q4 2024 Q1 2025: $152.9M $152.9M Q1 2025 Q2 2025: $174.9M Q2 2025 Q3 2025: $141.2M Q3 2025 Q4 2025: $133.4M Q4 2025 Q1 2026: $126.7M Q1 2026 Q2 2026: $162.3M Q2 2026

Holdings 7 stocks · $152.9M
CGNT Cognyte Software Ltd. 29.18% 5,719,187 $44.6M No change
VLN Valens Semiconductor Ltd. 27.55% 20,646,021 $42.1M Add +0.0%
AUDC Audiocodes Ltd. 12.44% 2,018,976 $19.0M No change
PERI Perion Network Ltd. 12.30% 2,309,466 $18.8M New
TEAD Teads Holding Co. filed as OUTBRAIN INC 11.00% 4,509,559 $16.8M Add +17.5%
RDCM Radcom Ltd. 6.25% 835,734 $9.6M No change
SHLT SHL Telemedicine Ltd.-ADR 1.28% 941,923 $2.0M No change
Other holdings (1): bonds, preferreds, convertibles and warrants · $36K (not counted above)
SecurityClassShares / PrincipalValueChange
DRTSW Alpha Tau Medical Ltd. -27 *W EXP 99/99/999 152,761$36KNo change

Total filed on the 13F, all lines: $152.9M.

Portfolio Sells Q4 2024 → Q1 2025
SHARPLINK GAMING INC Sold out 0.00% −0.03

Portfolio Buys Q4 2024 → Q1 2025
PERI Perion Network Ltd. New 12.30% +12.30
VLN Valens Semiconductor Ltd. Add +0.0% 27.55% −5.33
TEAD Teads Holding Co. Add +17.5% 11.00% −5.88

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 6$162.3MCGNT, VLN, AUDC, PERI, RDCM
Q1 2026 6$126.7MCGNT, VLN, AUDC, PERI, RDCM
Q4 2025 7$133.4MCGNT, VLN, AUDC, PERI, RDCM
Q3 2025 6$141.2MCGNT, VLN, AUDC, PERI, RDCM
Q2 2025 6$174.9MVLN, CGNT, PERI, AUDC, TEAD
Q1 2025 7$152.9MCGNT, VLN, AUDC, PERI, TEAD
Q4 2024 7$163.2MVLN, CGNT, TEAD, AUDC, RDCM