InterDigital
IDCC
208 hedge funds and large institutions have $1.21B invested in InterDigital in 2015 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 72 increasing their positions, 80 reducing their positions, and 27 closing their positions.
17% more call options, than puts
Call options by funds: $14.2M | Put options by funds: $12.2M
3% less funds holding
Funds holding: 214 → 208 (-6)
7% less capital invested
Capital invested by funds: $1.31B → $1.21B (-$97M)
10% less repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 80
19% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 27
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$12.3M |
| 2 |
DIA
Denver Investment Advisors
Denver,
Colorado
|
+$10.3M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
+$7.18M |
| 4 |
Marshall Wace
London,
United Kingdom
|
+$5.14M |
| 5 |
FL
Fort LP
Chevy Chase,
Maryland
|
+$4.27M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$15.9M |
| 2 |
Bank of New York Mellon
New York
|
-$13.2M |
| 3 |
SRFM
Shannon River Fund Management
New York
|
-$11.7M |
| 4 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$11.3M |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$10.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WAM
226
Wolverine Asset Management
Chicago,
Illinois
| – | -$227K | -4,500 | Closed |
|
|
CAM
227
Capstone Asset Management
Houston,
Texas
| – | -$214K | -4,239 | Closed |
|
|
AB
228
Amalgamated Bank
New York
| – | -$200K | -3,954 | Closed |
|
|
TRCT
229
Tower Research Capital (TRC)
New York
| – | -$139K | -2,753 | Closed |
|
|
WCM
230
Windsor Capital Management
Phoenix,
Arizona
| – | -$75K | -1,500 | Closed |
|
|
IMAS
231
ID Management A/S
Randers,
Denmark
| – | -$33K | -650 | Closed |
|
|
LFR
232
Lehman Financial Resources
Media,
Pennsylvania
| – | -$25K | -500 | Closed |
|
|
W
233
Wealthfront
Palo Alto,
California
| – | -$14K | -267 | Closed |
|
|
MAM
234
Meeder Asset Management
Dublin,
Ohio
| – | -$2K | -42 | Closed |
|
|
TIM
235
Tortoise Investment Management
White Plains,
New York
| – | -$2K | -33 | Closed |
|
236
AssetMark Inc
Concord,
California
| – | +$355 | +7 | New |
|
IDCC Hedge Fund Activity: Q4 2015 in Review
208 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in InterDigital (IDCC) for Q4 2015, worth a combined $1.21B — down 7.4% from $1.31B a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of IDCC and 22 opened new positions — a net loss of 5 holders — while 80 trimmed existing stakes and 72 added.
The largest buyer was Millennium Management, adding an estimated $12.3M. The largest seller was Invesco, cutting an estimated $15.9M.
- 208 institutional investors held InterDigital (IDCC) as of Q4 2015, down from 214 in Q3 2015.
- Funds reported $1.21B of InterDigital stock for Q4 2015, down 7.4% quarter-over-quarter.
- 22 funds opened new InterDigital positions in Q4 2015 and 27 closed out, a net change of -5 holders.
- The largest InterDigital buyer in Q4 2015 was Millennium Management, an estimated $12.3M added.
- The largest InterDigital seller in Q4 2015 was Invesco, an estimated $15.9M sold.
Based on aggregated 13F filings for Q4 2015.