InterDigital
IDCC
257 hedge funds and large institutions have $1.88B invested in InterDigital in 2016 Q3 according to their latest regulatory filings, with 62 funds opening new positions, 75 increasing their positions, 88 reducing their positions, and 17 closing their positions.
265% more first-time investments, than exits
New positions opened: 62 | Existing positions closed: 17
40% more capital invested
Capital invested by funds: $1.34B → $1.88B (+$539M)
40% more funds holding in top 10
Funds holding in top 10: 5 → 7 (+2)
27% more call options, than puts
Call options by funds: $35.4M | Put options by funds: $27.9M
20% more funds holding
Funds holding: 215 → 257 (+42)
15% less repeat investments, than reductions
Existing positions increased: 75 | Existing positions reduced: 88
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Two Sigma Investments
New York
|
+$18M |
| 2 |
Goldman Sachs
New York
|
+$17.4M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$15M |
| 4 |
Morgan Stanley
New York
|
+$12.9M |
| 5 |
Marshall Wace
London,
United Kingdom
|
+$11.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FPA
First Pacific Advisors
El Segundo,
California
|
-$50.4M |
| 2 |
CCMLC
Cardinal Capital Management LLC (Connecticut)
Greenwich,
Connecticut
|
-$45.6M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$31.3M |
| 4 |
UM
Ulysses Management
New York
|
-$29M |
| 5 |
GAM
Gotham Asset Management
New York
|
-$17.5M |
IDCC Hedge Fund Activity: Q3 2016 in Review
257 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in InterDigital (IDCC) for Q3 2016, worth a combined $1.88B — up 40% from $1.34B a quarter earlier.
Buyers outnumbered sellers: 62 funds opened new IDCC positions and 17 closed out — a net gain of 45 holders — while 75 added to existing stakes and 88 trimmed.
The largest buyer was Two Sigma Investments, adding an estimated $18M. The largest seller was First Pacific Advisors, cutting an estimated $50.4M.
- 257 institutional investors held InterDigital (IDCC) as of Q3 2016, up from 215 in Q2 2016.
- Funds reported $1.88B of InterDigital stock for Q3 2016, up 40% quarter-over-quarter.
- 62 funds opened new InterDigital positions in Q3 2016 and 17 closed out, a net change of +45 holders.
- The largest InterDigital buyer in Q3 2016 was Two Sigma Investments, an estimated $18M added.
- The largest InterDigital seller in Q3 2016 was First Pacific Advisors, an estimated $50.4M sold.
Based on aggregated 13F filings for Q3 2016.