In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 6, 2026), Value Base Ltd. reported 6 stock positions worth $126.7 million . Its top holding was Cognyte Software (CGNT) at 39.9% of the portfolio, followed by Valens Semiconductor (VLN, 19.2% ) and Audiocodes (AUDC, 17.4% ). Compared with Q4 2025, it sold out of 1 and added to 3. The biggest buy was Audiocodes (AUDC, shares +30% ) and the biggest sale an exit from Zim Integrated Shipping Serv (ZIM).
Location Tel Aviv, L3
CIK 0001992355
Portfolio Value $126.7M (Q1 2026) Holdings 6 stocks · $126.7M Holdings quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024
Stock % Of Portfolio ▼ Shares Held Total Value Change vs Q4 2025 CGNT Cognyte Software Ltd. 6,238,883 $50.5M Add +9.1% VLN Valens Semiconductor Ltd. 21,480,159 $24.3M Add +0.0% AUDC Audiocodes Ltd. 2,628,864 $22.1M Add +30.2% PERI Perion Network Ltd. 1,551,423 $15.5M No change RDCM Radcom Ltd. 865,009 $10.5M No change TEAD Teads Holding Co. 5,752,107 $3.8M No change
Other holdings (1): bonds, preferreds, convertibles and warrants · $153K (not counted above) Security Class Shares / Principal Value Change DRTSW Alpha Tau Medical Ltd. -27 *W EXP 99/99/999 152,761 $153K No change
Total filed on the 13F, all lines: $126.9M.
Portfolio Sells Q4 2025 → Q1 2026 Portfolio Sells quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024
Stock Change vs Q4 2025 % Of Portfolio Change To Portfolio ▲ ZIM Zim Integrated Shipping Serv Sold out 0.00% −0.99
Portfolio Buys Q4 2025 → Q1 2026 Portfolio Buys quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024
Stock Change vs Q4 2025 % Of Portfolio Change To Portfolio ▼ AUDC Audiocodes Ltd. Add +30.2% 17.45% +4.24 CGNT Cognyte Software Ltd. Add +9.1% 39.88% −0.42 VLN Valens Semiconductor Ltd. Add +0.0% 19.15% −3.70
All Filings Quarter Positions 13F Reported Value Top Holdings Q2 2026 6 $162.3M CGNT, VLN, AUDC, PERI, RDCM Q1 2026 6 $126.7M CGNT, VLN, AUDC, PERI, RDCM Q4 2025 7 $133.4M CGNT, VLN, AUDC, PERI, RDCM Q3 2025 6 $141.2M CGNT, VLN, AUDC, PERI, RDCM Q2 2025 6 $174.9M VLN, CGNT, PERI, AUDC, TEAD Q1 2025 7 $152.9M CGNT, VLN, AUDC, PERI, TEAD Q4 2024 7 $163.2M VLN, CGNT, TEAD, AUDC, RDCM