WCAS, Southeastern Asset Management scooping up Amdocs shares

Amdocs (NYSE:DOX) (DOX Quote) has already generated about $1.5 billion profit, on paper, for veteran shareholder Walsh, Carson, Anderson & Stowe which is methodically increasing its stake.

The New York-based fund, run by Amdocs chairman Bruce K. Anderson, has increased its holdings in the U.S.-Israeli software billing firm to 9.2%, compared with 7.2% at the end of July.

WCAS holds the shares through four funds, it advised the SEC in 13D documentation submitted to the Securities and Exchange Commission last week. ...