InterDigital
IDCC
209 hedge funds and large institutions have $1.08B invested in InterDigital in 2020 Q1 according to their latest regulatory filings, with 28 funds opening new positions, 63 increasing their positions, 74 reducing their positions, and 47 closing their positions.
60% more funds holding in top 10
Funds holding in top 10: 5 → 8 (+3)
3.13% more ownership
Funds ownership: 75.31% → 78.44% (+3.1%)
7% more call options, than puts
Call options by funds: $5.95M | Put options by funds: $5.58M
9% less funds holding
Funds holding: 230 → 209 (-21)
15% less repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 74
16% less capital invested
Capital invested by funds: $1.28B → $1.08B (-$202M)
40% less first-time investments, than exits
New positions opened: 28 | Existing positions closed: 47
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCMNY
Rubric Capital Management (New York)
New York
|
+$25.1M |
| 2 |
Renaissance Technologies
New York
|
+$14.1M |
| 3 |
Fidelity International
Hamilton,
Bermuda
|
+$12.7M |
| 4 |
SRFM
Shannon River Fund Management
New York
|
+$11.1M |
| 5 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
+$7.85M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$12M |
| 2 |
Morgan Stanley
New York
|
-$9.94M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$5.8M |
| 4 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
-$5.31M |
| 5 |
BlackRock
New York
|
-$4.28M |
IDCC Hedge Fund Activity: Q1 2020 in Review
209 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in InterDigital (IDCC) for Q1 2020, worth a combined $1.08B — down 16% from $1.28B a quarter earlier.
Sellers outnumbered buyers: 47 funds closed out of IDCC and 28 opened new positions — a net loss of 19 holders — while 74 trimmed existing stakes and 63 added.
The largest buyer was Rubric Capital Management (New York), opening a new position worth an estimated $25.1M. The largest seller was Millennium Management, cutting an estimated $12M.
- 209 institutional investors held InterDigital (IDCC) as of Q1 2020, down from 230 in Q4 2019.
- Funds reported $1.08B of InterDigital stock for Q1 2020, down 16% quarter-over-quarter.
- 28 funds opened new InterDigital positions in Q1 2020 and 47 closed out, a net change of -19 holders.
- The largest InterDigital buyer in Q1 2020 was Rubric Capital Management (New York), an estimated $25.1M added.
- The largest InterDigital seller in Q1 2020 was Millennium Management, an estimated $12M sold.
Based on aggregated 13F filings for Q1 2020.