Value Base Ltd.

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 9, 2026), Value Base Ltd. reported 7 stock positions worth $133.4 million. Its top holding was Cognyte Software (CGNT) at 40.3% of the portfolio, followed by Valens Semiconductor (VLN, 22.9%) and Audiocodes (AUDC, 13.2%). Compared with Q3 2025, it opened 1 new position and added to 1. The biggest buy was a new position in Zim Integrated Shipping Serv (ZIM).

Most Recent 13F
Q2 2026
Location
Tel Aviv, L3
CIK
0001992355
Portfolio Value
$133.4M (Q4 2025)
SEC Filing
0001178913-26-000326 ↗ filed Feb 9, 2026

Holdings Value

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

Holdings 7 stocks · $133.4M
CGNT Cognyte Software Ltd. 40.29% 5,719,187 $53.8M No change
VLN Valens Semiconductor Ltd. 22.85% 21,473,311 $30.5M Add +3.9%
AUDC Audiocodes Ltd. 13.21% 2,018,976 $17.6M No change
PERI Perion Network Ltd. 11.14% 1,551,423 $14.9M No change
RDCM Radcom Ltd. 8.48% 865,009 $11.3M No change
TEAD Teads Holding Co. 3.03% 5,752,107 $4.0M No change
ZIM Zim Integrated Shipping Serv 0.99% 62,000 $1.3M New
Other holdings (1): bonds, preferreds, convertibles and warrants · $52K (not counted above)
SecurityClassShares / PrincipalValueChange
DRTSW Alpha Tau Medical Ltd. -27 *W EXP 99/99/999 152,761$52KNo change

Total filed on the 13F, all lines: $133.5M.

Portfolio Sells Q3 2025 → Q4 2025
None this quarter.

Portfolio Buys Q3 2025 → Q4 2025
ZIM Zim Integrated Shipping Serv New 0.99% +0.99
VLN Valens Semiconductor Ltd. Add +3.9% 22.85% −3.34

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