InterDigital
IDCC
215 hedge funds and large institutions have $1.34B invested in InterDigital in 2016 Q2 according to their latest regulatory filings, with 27 funds opening new positions, 70 increasing their positions, 82 reducing their positions, and 20 closing their positions.
408% more call options, than puts
Call options by funds: $25.9M | Put options by funds: $5.1M
35% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 20
2% more funds holding
Funds holding: 210 → 215 (+5)
1% less capital invested
Capital invested by funds: $1.35B → $1.34B (-$9.19M)
15% less repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 82
29% less funds holding in top 10
Funds holding in top 10: 7 → 5 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$41.7M |
| 2 |
Renaissance Technologies
New York
|
+$16M |
| 3 |
Barclays
London,
United Kingdom
|
+$13M |
| 4 |
CCMLC
Cardinal Capital Management LLC (Connecticut)
Greenwich,
Connecticut
|
+$10.7M |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
+$10.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SRFM
Shannon River Fund Management
New York
|
-$28.5M |
| 2 |
Goldman Sachs
New York
|
-$16.1M |
| 3 |
JP Morgan Chase
New York
|
-$15.5M |
| 4 |
D.E. Shaw & Co
New York
|
-$12.9M |
| 5 |
Ninety One (UK)
London,
United Kingdom
|
-$9.86M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HCM
226
Highbridge Capital Management
New York
| – | -$365K | -6,559 | Closed |
|
|
SBIA
227
Sheaff Brock Investment Advisors
Indianapolis,
Indiana
| – | -$317K | -5,700 | Closed |
|
|
EMG
228
Ellington Management Group
Old Greenwich,
Connecticut
| – | -$284K | -5,100 | Closed |
|
|
B
229
Barings
Charlotte,
North Carolina
| – | -$273K | -4,900 | Closed |
|
|
TI
230
Trexquant Investment
Stamford,
Connecticut
| – | -$217K | -3,900 | Closed |
|
|
BRF
231
B. Riley Financial
Los Angeles,
California
| – | -$209K | -3,755 | Closed |
|
232
Walleye Trading
New York
| – | -$159K | -2,807 | Closed |
|
|
CG
233
Cutler Group
San Francisco,
California
| – | -$141K | -2,500 | Closed |
|
|
AIM
234
Acrospire Investment Management
Chicago,
Illinois
| – | -$50K | -900 | Closed |
|
|
GWM
235
Geneos Wealth Management
Englewood,
Colorado
| – | -$1K | -24 | Closed |
|
IDCC Hedge Fund Activity: Q2 2016 in Review
215 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in InterDigital (IDCC) for Q2 2016, worth a combined $1.34B — down 0.68% from $1.35B a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new IDCC positions and 20 closed out — a net gain of 7 holders — while 70 added to existing stakes and 82 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $41.7M. The largest seller was Shannon River Fund Management, cutting an estimated $28.5M.
- 215 institutional investors held InterDigital (IDCC) as of Q2 2016, up from 210 in Q1 2016.
- Funds reported $1.34B of InterDigital stock for Q2 2016, down 0.68% quarter-over-quarter.
- 27 funds opened new InterDigital positions in Q2 2016 and 20 closed out, a net change of +7 holders.
- The largest InterDigital buyer in Q2 2016 was Fidelity Investments, an estimated $41.7M added.
- The largest InterDigital seller in Q2 2016 was Shannon River Fund Management, an estimated $28.5M sold.
Based on aggregated 13F filings for Q2 2016.